Granite (India) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.77 Cr
- Company Age 48 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.86 Cr
- Revenue Growth -32.28%
- Profit Growth 16.50%
- Ebitda 75.04%
- Net Worth -8.28%
- Total Assets -13.25%
About Granite (India)
Granite (India) Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 December 1976 and has a history of 48 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Granite (India) Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.77 Cr.
The company currently has active open charges totaling ₹12.86 Cr.
Abhay Shah and Ketan Shah serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U14108TN1976PTC007244
- Company No.
007244
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Dec 1976
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Granite (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhay Shah  | Director | 05-Aug-2015 | Current |
| Ketan Shah | Whole-Time Director | 28-Dec-1990 | Current |
Financial Performance of Granite (India).
Granite (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.28% decrease. The company also saw a substantial improvement in profitability, with a 16.5% increase in profit. The company's net worth dipped by a decrease of 8.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Granite (India)?
In 2023, Granite (India) had a public 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)
Kajal Chemicals Private LimitedAbhay Shah and Ketan Shah are mutual person
- Devraj Nensee Jewellers Private Limited
Abhay Shah is a mutual person
- G.I. Enterprises Private Limited
Abhay Shah is a mutual person
Charges (Loans)
₹12.86 Cr
₹0
Charges Breakdown by Lending Institutions
- International Asset Reconstruction Company Private Limited : 10.70 Cr
- Bharat Overseas Bank Ltd. : 0.70 Cr
- Sundaram Finance Ltd. : 0.60 Cr
- Abn Amro Bank N.V. : 0.40 Cr
- Sundaram Finance Ltd. : 0.24 Cr
- Others : 0.23 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 1999 | Bharat Overseas Bank Ltd. | ₹7.00 M | Open |
| 31 Mar 1997 | Sundaram Finance Ltd. | ₹1.27 M | Open |
| 15 Mar 1997 | Abn Amro Bank N.V. | ₹4.00 M | Open |
| 02 Jan 1997 | International Asset Reconstruction Company Private Limited | ₹5.38 Cr | Open |
| 01 Apr 1996 | Sundaram Finance Services Ltd. | ₹2.30 M | Open |
How Many Employees Work at Granite (India)?
Granite (India) has a workforce of 6 employees as of Mar 30, 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 Granite (India), 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 Granite (India)'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.
