Grand Prix Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 1.16 Cr
as on 16-11-2024
- Company Age 35 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 63.65 Cr
as on 16-11-2024
- Revenue 27.21%
(FY 2023)
- Profit 379.21%
(FY 2023)
- Ebitda 66.75%
(FY 2023)
- Net Worth 1.96%
(FY 2023)
- Total Assets 0.48%
(FY 2023)
About Grand Prix Engineering
The Corporate was formerly known as Ag Steels Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.16 Cr.
The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹63.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harbir Banga and Amitbir Banga serve as directors at the Company.
- CIN/LLPIN
U27310DL1989PTC220107
- Company No.
220107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Grand Prix Engineering Private Limited offer?
Grand Prix Engineering Private Limited offers a wide range of products and services, including Separators, Strainers & Purifiers, Strainers, Air Compressors, Accessories & Parts, Air Compressor Filter, Pollution Control Devices & Machines, Industrial Scrubber System, Industrial Silencers, Chemical Reactors and Process Tanks, Pressure Vessels, Separator Equipments.
Who are the key members and board of directors at Grand Prix Engineering?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harbir Banga  | Additional Director | 28-Dec-2023 | Current |
| Amitbir Banga | Director | 16-Jan-2023 | Current |
Financial Performance and Corporate Structure Insights of Grand Prix Engineering.
Grand Prix Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.21% increase. The company also saw a substantial improvement in profitability, with a 379.21% increase in profit. The company's net worth moved up by a moderate rise of 1.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grand Prix Engineering?
In 2023, Grand Prix Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pooja Metal Processors Private LimitedActive 36 years 7 monthsHarbir Banga and Amitbir Banga are mutual person
Millennium Technotools Private LimitedActive 15 years 2 monthsHarbir Banga and Amitbir Banga are mutual person
Victora Automotive Private LimitedActive 4 years 9 monthsHarbir Banga and Amitbir Banga are mutual person
Victora Auto Private LimitedActive 33 years 4 monthsHarbir Banga and Amitbir Banga are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 04 Mar 2024 | ₹25.00 Cr | Open |
Citi Bank N.A. Creation Date: 28 Nov 2019 | ₹15.00 Cr | Open |
Others Creation Date: 10 Jul 2019 | ₹30.00 Cr | Open |
How Many Employees Work at Grand Prix Engineering?
Grand Prix Engineering has a workforce of 344 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grand Prix Engineering, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grand Prix Engineering's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
