Grasp Electric Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 26-06-2024
- Paid Up Capital ₹ 0.10 M
as on 26-06-2024
- Company Age 8 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 22.76%
(FY 2023)
- Profit -26.99%
(FY 2023)
- Ebitda -26.39%
(FY 2023)
- Net Worth 18.74%
(FY 2023)
- Total Assets 10.65%
(FY 2023)
About Grasp Electric
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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Rahul Mendiratta, Rajinder Mendiratta, Seema Mendiratta, and One other member serve as directors at the Company.
- CIN/LLPIN
U25209DL2016PTC305695
- Company No.
305695
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
09 Sep 2016
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Grasp Electric Private Limited offer?
Grasp Electric Private Limited offers a wide range of products and services, including Switch Mounting Boxes, Modular Electrical Box, Mounting Accessories, Mounting Hardware, Enclosures & Cabinets, Outdoor Enclosure, Door & Window, Hinges & Fittings, Door Hinges, Die Casting Mould & Moulding Tools, Injection Moulds.
Who are the key members and board of directors at Grasp Electric?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajinder Mendiratta  | Director | 09-Sep-2016 | Current |
| Rahul Mendiratta | Director | 09-Sep-2016 | Current |
| Seema Mendiratta | Director | 01-Apr-2019 | Current |
| Raghav Mendiratta | Director | 30-Mar-2019 | Current |
Financial Performance of Grasp Electric.
Grasp Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.76% increase. The company also saw a substantial fall in profitability, with a 26.99% decrease in profit. The company's net worth Soared by an impressive increase of 18.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grasp Electric?
In 2023, Grasp Electric 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)
Grasp Enterprises Private LimitedActive 14 years 11 monthsRajinder Mendiratta and Raghav Mendiratta are mutual person
- Punargreen Energy Private LimitedActive 4 months
Rajinder Mendiratta and Raghav Mendiratta are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Grasp Electric?
Grasp Electric has a workforce of 36 employees as of Apr 07, 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 Grasp Electric, 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 Grasp Electric'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.
