Grasp Io Innovations Profile
Key Indicators
- Authorised Capital ₹ 2.80 Cr
- Paid Up Capital ₹ 1.54 Cr
- Company Age 13 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -15.75%
- Profit Growth 12.48%
- Ebitda 29.04%
- Net Worth -16.92%
- Total Assets -14.70%
About Grasp Io Innovations
Grasp Io Innovations Private Limited (GIIPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 August 2011 and has a history of 13 years and five months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Botrio Design Labs Private Limited. The Company is engaged in the Information Technology 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 2.80 Cr and a paid-up capital of Rs 1.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tumkur Shanmugha, Kishore Konduru, and Abhijit Adiga serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
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Apps
Corporate Identity Details
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CIN/LLPIN
U72200KA2011PTC060040
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Company No.
060040
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
18 Aug 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Grasp Io Innovations?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Tumkur Shanmugha
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Managing Director | 18-Aug-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kishore Konduru
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Director Appointed In Casual Vacancy | 22-May-2015 | Current |
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Abhijit Adiga
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Director | 30-Sep-2019 | Current |
Financial Performance of Grasp Io Innovations.
Grasp Io Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.75% decrease. The company also saw a substantial improvement in profitability, with a 12.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.92%.
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What is the Ownership and Shareholding Structure of Grasp Io Innovations?
In 2023, Grasp Io Innovations had a public holding of 50.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Grasp Io Innovations?
Grasp Io Innovations has a workforce of 4 employees as of Apr 03, 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 Io Innovations, 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 Io Innovations'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.
