Gravity (India) Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 9.00 Cr
- Company Age 37 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.89 Cr
- Satisfied Charges ₹ 2.65 Cr
- Revenue Growth -20.45%
- Profit Growth -1307.78%
- Ebitda -543.54%
- Net Worth -8.86%
- Total Assets 10.96%
About Gravity (India)
Gravity (India) Limited (GIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 1987 and has a history of 37 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532015.
The Corporate was formerly known as Gravity Silk Mills Private Limited. 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 15.00 Cr and a paid-up capital of Rs 9.00 Cr.
The company currently has active open charges totaling ₹4.89 Cr. The company has closed loans amounting to ₹2.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gravity (India) Limited India are Shreya Chawak as COMPANY SECRETARY and Jay Thakkar as Cfo. Dipti Kadam, Samir Ruparelia, Varun Thakkar, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
L17110MH1987PLC042899
- Company No.
042899
- Stock Symbol
BSE : 532015
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
13 Mar 1987
- Date of AGM
27 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
Who are the key members and board of directors at Gravity (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jay Thakkar  | CFO | 09-Aug-2016 | Current |
| Shreya Chawak | Company Secretary | 26-Aug-2021 | Current |
| Varun Thakkar | Managing Director | 02-Oct-2016 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dipti Kadam | Director | 03-Aug-2023 | Current |
| Samir Ruparelia | Director | 13-Aug-2019 | Current |
| Dakshaben Thakkar | Director | 13-Mar-1987 | Current |
Financial Performance of Gravity (India).
Gravity (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.45% decrease. The company also saw a substantial fall in profitability, with a 1307.78% decrease in profit. The company's net worth dipped by a decrease of 8.86%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gravity (India)?
In 2022, Gravity (India) had a promoter holding of 24.21% and a public holding of 75.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gravity Textiles Pvt LtdDakshaben Thakkar is a mutual person
- Dakshali Synthetics Pvt Ltd
Dakshaben Thakkar is a mutual person
Charges (Loans)
Open Charges
₹4.89 Cr
Satisfied Charges
₹2.65 Cr
Charges Breakdown by Lending Institutions
- Others : 4.18 Cr
- Gujrat State Financial Corportion ;; : 0.40 Cr
- The Madhavpura Mercantile Cooperative Bank Ltd. : 0.25 Cr
- The Hong Kong And Shanghai Banking Corportion Limited : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2022 | Others | ₹1.00 Cr | Open |
| 28 Oct 2022 | Others | ₹1.84 M | Open |
| 13 Mar 2000 | The Hong Kong And Shanghai Banking Corportion Limited | ₹0.55 M | Open |
| 18 Sep 1998 | Others | ₹3.00 Cr | Open |
| 27 Dec 1989 | The Madhavpura Mercantile Cooperative Bank Ltd. | ₹2.50 M | Open |
How Many Employees Work at Gravity (India)?
Gravity (India) has a workforce of 13 employees as of Apr 05, 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 Gravity (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 Gravity (India)'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.
Latest Updates, News, and FAQs on Gravity (India)
Recent activity within the organization
- Annual General Meeting
Gravity (India) Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
- Balance Sheet
Gravity (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100673655 was registered on 29 Nov 2022.
- Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100627785 was registered on 28 Oct 2022.
- Director Appointment
Shreya Chandrashekhar Chawak was appointed as a Company Secretary was appointed as a Company Secretary on 26 Aug 2021 & has been associated with this company since 3 years 6 months .
- Director Appointment
Samir Bipinkumar Ruparelia was appointed as a Director was appointed as a Director on 13 Aug 2019 & has been associated with this company since 5 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Gravity (India) Limited?
Gravity (India) Limited was incorporated on 13 Mar 1987.
What is authorized share capital and paid-up capital of Gravity (India) Limited?
The authorized share capital of Gravity (India) Limited is ₹ 15.00 Cr and paid-up capital is ₹ 9.00 Cr.
Who are the current board members & directors of Gravity (India) Limited?
Currently 6 directors are associated with Gravity (India) Limited.
- Shreya Chandrashekhar Chawak
- Jay Rasiklal Thakkar
- Dipti Vasant Kadam
- Samir Bipinkumar Ruparelia
- Varun Rasiklal Thakkar
- Dakshaben Rasiklal Thakkar
What is the registered address of Gravity (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gravity (India) Limited is Gala No 131 Sanjay Bldg Mittal Ind Estate, Andheri Kurla Road Andheri (E), Mumbai, Maharashtra, India, 400059.
What is the corporate identification number (CIN) and company number of Gravity (India) Limited?
The corporate identification number (CIN) of Gravity (India) Limited is L17110MH1987PLC042899 and the company number is 042899 as per Ministry of Corporate Affairs (MCA).
Is Gravity (India) Limited registered with any stock exchange in India?
Yes, Gravity (India) Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Gravity (India) Limited?
The Official website of Gravity (India) Limited is https://www.gravityindia.net
What has been the recent revenue trend for Gravity (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gravity (India) Limited has fallen by -20.45%.
How many employees does Gravity (India) Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Gravity (India) Limited.
What change has been observed in the net worth of Gravity (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gravity (India) Limited has experienced an downturn of -8.86%.
What are the total open charges for Gravity (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gravity (India) Limited amount to ₹ 4.89 Cr.
When was the last Balance Sheet of Gravity (India) Limited filed with the ROC?
The most recent Balance Sheet for Gravity (India) Limited was filed with the ROC on 31 Mar 2023.
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