Grassroots Solutions And Services Private Limited

Provides outsourcing, IT staffing, consulting, and solutions for various industries.

2011 | Bangaluru, Karnataka (India) | Active
Last Updated:

Grassroots Solutions And Services Profile

Key Indicators

  • Authorised Capital ₹ 2.80 Cr
  • Paid Up Capital ₹ 1.62 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 17.52%
  • Profit Growth -40.00%
  • Ebitda -34.88%
  • Net Worth 40.53%
  • Total Assets 22.49%

About Grassroots Solutions And Services

Grassroots Solutions And Services Private Limited (GSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 2011 and has a history of 14 years and two months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Grassroots Bpo Private Limited. The Company is engaged in the Business Outsourcing 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 1.62 Cr.

The company currently has active open charges totaling ₹7.00 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vinston Johnson, Jacob Kodiattu, and Abhay Vaidya serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2011PTC057083

  • Company No.

    057083

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Business Outsourcing

What products or services does Grassroots Solutions And Services Private Limited offer?

Grassroots Solutions And Services Private Limited offers a wide range of products and services, including Puzzles, Board & Educational Games, Puzzle, Job Consultation Service, Recruitment Service, IT Recruitment Consultancy, IT Placement Service, Business Planning and Management, Business Consultant, Recruitment Consultancy, Telecom Engineering Services.

Company report

Grassroots Solutions And Services Private Limited

Explore comprehensive data for Grassroots Solutions And Services Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grassroots Solutions And Services?

Board Members (3)

NameDesignationAppointment DateStatus
Vinston Johnson Country flag representing In Director 14-Feb-2011Current
Jacob Kodiattu Country flag representing In Director 03-Apr-2017Current
Abhay Vaidya Country flag representing In Director 10-Jul-2019Current

Financial Performance of Grassroots Solutions And Services.

Grassroots Solutions And Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.52% increase. The company also saw a substantial fall in profitability, with a 40% decrease in profit. The company's net worth Soared by an impressive increase of 40.53%.

Grassroots Solutions And Services revenue growth over time
Grassroots Solutions And Services 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
17.52%
Revenue from Operations
16.10%
Total Assets
22.49%
Profit or Loss
-40.00%
Net Worth
40.53%
EBITDA
-34.88%

What is the Ownership and Shareholding Structure of Grassroots Solutions And Services?

In 2022, Grassroots Solutions And Services had a promoter holding of 64.62% and a public holding of 35.38%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.00 Cr

Satisfied Charges

₹1.25 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.00 Cr
  • Canara Bank : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jan 2024Others₹5.00 CrOpen
23 Sep 2013Canara Bank₹2.00 CrOpen
25 Jun 2020Others₹1.25 CrSatisfied

How Many Employees Work at Grassroots Solutions And Services?

Grassroots Solutions And Services has a workforce of 630 employees as of Sep 11, 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.

Employee growth trends for Grassroots Solutions And Services Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grassroots Solutions And Services, 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 Grassroots Solutions And Services'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 Grassroots Solutions And Services

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 2.00 Cr registered on 23 Sep 2013 with Charge ID 10458067 was modified on 28 Oct 2024.

  • Charges

    A charge with Others of Rs. 5.00 Cr registered on 27 Jan 2024 with Charge ID 100858737 was modified on 14 Mar 2024.

  • Charges

    A charge registered on 25 Jun 2020 via Charge ID 100355404 with Others was fully satisfied on 07 Mar 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100858737 was registered on 27 Jan 2024.

  • Annual General Meeting

    Grassroots Solutions And Services Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grassroots Solutions And Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

Frequently asked questions

  • What is the Incorporation or founding date of Grassroots Solutions And Services Private Limited?

    Grassroots Solutions And Services Private Limited was incorporated on 14 Feb 2011.

  • What is authorized share capital and paid-up capital of Grassroots Solutions And Services Private Limited?

    The authorized share capital of Grassroots Solutions And Services Private Limited is ₹ 2.80 Cr and paid-up capital is ₹ 1.62 Cr.

  • Who are the current board members & directors of Grassroots Solutions And Services Private Limited?

    Currently 3 directors are associated with Grassroots Solutions And Services Private Limited.

    • Vinston Samuel Johnson
    • Jacob Kurian Kodiattu
    • Abhay Babarao Vaidya

  • What is the registered address of Grassroots Solutions And Services Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grassroots Solutions And Services Private Limited is Tower-A 4Th Floor, Diamond District India, Old Airport Road, Karnataka, 560008.

  • What is the corporate identification number (CIN) and company number of Grassroots Solutions And Services Private Limited?

    The corporate identification number (CIN) of Grassroots Solutions And Services Private Limited is U72200KA2011PTC057083 and the company number is 057083 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grassroots Solutions And Services Private Limited?

    The Official website of Grassroots Solutions And Services Private Limited is https://www.grssl.com

  • What has been the recent revenue trend for Grassroots Solutions And Services Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Grassroots Solutions And Services Private Limited has risen by 17.52%.

  • How many employees does Grassroots Solutions And Services Private Limited currently have?

    As Per 2022 financial reports, 630 employees are currently employed by Grassroots Solutions And Services Private Limited.

  • What change has been observed in the net worth of Grassroots Solutions And Services Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Grassroots Solutions And Services Private Limited has experienced an upsurge of 40.53%.

  • What are the total open charges for Grassroots Solutions And Services Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Grassroots Solutions And Services Private Limited amount to ₹ 7.00 Cr.

  • When was the last Balance Sheet of Grassroots Solutions And Services Private Limited filed with the ROC?

    The most recent Balance Sheet for Grassroots Solutions And Services Private Limited was filed with the ROC on 31 Mar 2023.

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