Grass Root Finance & Investment Company (India) Limited

Founded in 1995 and headquartered in Assam, India.

1995 | Sonitpur, Assam (India) | Active
Last Updated: December 20, 2024

Grass Root Finance & Investment Company (India) Profile

Key Indicators

  • Authorised Capital ₹ 7.20 Cr
  • Paid Up Capital ₹ 6.80 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -65.51%
  • Profit Growth 70.76%
  • Ebitda -268.32%
  • Net Worth -3.34%
  • Total Assets -2.88%

About Grass Root Finance & Investment Company (India)

Grass Root Finance & Investment Company (India) Limited (GRFICIL) is a Public Limited Indian Non-Government Company incorporated in India on 11 October 1995 and has a history of 29 years and four months. Its registered office is in Sonitpur, Assam, India.

The Company is engaged in the Financial Services 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 7.20 Cr and a paid-up capital of Rs 6.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gopi Bhuyan, Harisa Goyari, Bikash Roy, and Three other members serve as directors at the Company.

Company Details

  • Location

    Sonitpur, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65929AS1995PLC004588

  • Company No.

    004588

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Financial Services

Who are the key members and board of directors at Grass Root Finance & Investment Company (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Pradip Sarmah Country flag representing In Managing Director25-Aug-2014Current

Board Members (5)

NameDesignationAppointment DateStatus
Gopi Bhuyan Country flag representing In Director 24-Jul-2014Current
Harisa Goyari Country flag representing In Director 24-Jul-2014Current
Bikash Roy Country flag representing In Director 24-Jul-2014Current
Uttam Hazarika Additional Director 24-Jun-2024Current
Gunamay Das Additional Director 24-Jun-2024Current

Financial Performance of Grass Root Finance & Investment Company (India).

Grass Root Finance & Investment Company (India) Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 65.51% decrease. The company also saw a substantial improvement in profitability, with a 70.76% increase in profit. The company's net worth dipped by a decrease of 3.34%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-65.51%
Revenue from Operations
-63.58%
Total Assets
-2.88%
Profit or Loss
70.76%
Net Worth
-3.34%
EBITDA
-268.32%

What is the Ownership and Shareholding Structure of Grass Root Finance & Investment Company (India)?

In 2017, Grass Root Finance & Investment Company (India) had a promoter holding of 90.31% and a public holding of 9.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Grass Root Finance & Investment Company (India)?

Grass Root Finance & Investment Company (India) has a workforce of 23 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grass Root Finance & Investment Company (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 Grass Root Finance & Investment Company (India)'s trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Grass Root Finance & Investment Company (India)

Recent activity within the organization

  • Annual General Meeting

    Grass Root Finance & Investment Company (India) Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Uttam Kumar Hazarika was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2024 & has been associated with this company since 8 months 2 days .

    24 Jun 2024

  • Director Appointment

    Gunamay Das was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2024 & has been associated with this company since 8 months 2 days .

    24 Jun 2024

  • Balance Sheet

    Grass Root Finance & Investment Company (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Director Appointment

    Pradip Sarmah was appointed as a Managing Director was appointed as a Managing Director on 25 Aug 2014 & has been associated with this company since 10 years 6 months .

    25 Aug 2014

  • Director Appointment

    Gopi Ram Bhuyan was appointed as a Director was appointed as a Director on 24 Jul 2014 & has been associated with this company since 10 years 7 months .

    24 Jul 2014

Frequently asked questions

  • Grass Root Finance & Investment Company (India) Limited was incorporated on 11 Oct 1995.

  • The authorized share capital of Grass Root Finance & Investment Company (India) Limited is ₹ 7.20 Cr and paid-up capital is ₹ 6.80 Cr.

  • Currently 6 directors are associated with Grass Root Finance & Investment Company (India) Limited.

    • Gopi Ram Bhuyan
    • Harisa Goyari
    • Bikash Roy
    • Pradip Sarmah
    • Uttam Kumar Hazarika
    • Gunamay Das
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grass Root Finance & Investment Company (India) Limited is Niz Po-, Bilotia India, Gohpur, Assam, 784168.

  • The corporate identification number (CIN) of Grass Root Finance & Investment Company (India) Limited is U65929AS1995PLC004588 and the company number is 004588 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Grass Root Finance & Investment Company (India) Limited has fallen by -65.51%.

  • As Per 2020 financial reports, 23 employees are currently employed by Grass Root Finance & Investment Company (India) Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Grass Root Finance & Investment Company (India) Limited has experienced an downturn of -3.34%.

  • The most recent Balance Sheet for Grass Root Finance & Investment Company (India) Limited was filed with the ROC on 31 Mar 2024.

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