Grassroots Solutions And Services Profile
Key Indicators
- Authorised Capital ₹ 2.80 Cr
- Paid Up Capital ₹ 1.62 Cr
- Company Age 13 Year, 11 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 13 years and 11 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
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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
Corporate Identity Details
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CIN/LLPIN
U72200KA2011PTC057083
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Company No.
057083
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
14 Feb 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
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.
Who are the key members and board of directors at Grassroots Solutions And Services?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinston Johnson
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Director | 14-Feb-2011 | Current |
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Jacob Kodiattu
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Director | 03-Apr-2017 | Current |
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Abhay Vaidya
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Director | 10-Jul-2019 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Oxyease Healthcare Services Private LimitedJacob Kodiattu is a mutual person
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Matdesign Building Solutions Private LimitedVinston Johnson, Jacob Kodiattu and 1 more are mutual person
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Clay Art Media Private Limited
Vinston Johnson is a mutual person
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Copperstone Consulting Llp
Jacob Kodiattu is a mutual person
Charges (Loans)
₹7.00 Cr
₹1.25 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
- Canara Bank : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2024 | Others | ₹5.00 Cr | Open |
| 23 Sep 2013 | Canara Bank | ₹2.00 Cr | Open |
| 25 Jun 2020 | Others | ₹1.25 Cr | Satisfied |
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.
Deals i
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
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.
