Grc Garments Private Limited

Founded in 2008 and headquartered in Orissa, India.

2008 | Cuttack, Orissa (India) | Active
Last Updated: July 02, 2024

Grc Garments Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 1.15 M
  • Company Age 17 Year, 2 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.10 Cr
  • Satisfied Charges ₹ 5.00 M
  • Revenue Growth 126.03%
  • Profit Growth 190.24%
  • Ebitda 192.73%
  • Net Worth 29.80%
  • Total Assets 78.50%

About Grc Garments

Grc Garments Private Limited (GGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 February 2008 and has a history of 17 years. Its registered office is in Cuttack, Orissa, India.

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 1.20 M and a paid-up capital of Rs 1.15 M.

The company currently has active open charges totaling ₹2.10 Cr. The company has closed loans amounting to ₹5.00 M, as per Ministry of Corporate Affairs (MCA) records.

Avinash Chhapolia, Renu Chhapolia, Ganesh Chhapolia, and One other member serve as directors at the Company.

Company Details

  • Location

    Cuttack, Orissa, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120OR2008PTC009808

  • Company No.

    009808

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Manufacturing

Who are the key members and board of directors at Grc Garments?

Board Members (4)

Name Designation Appointment Date Status
Avinash Chhapolia Country flag representing In Director 11-Feb-2008 Current
Renu Chhapolia Country flag representing In Director 25-Jun-2008 Current
Ganesh Chhapolia Country flag representing In Director 17-Apr-2018 Current
Shanti Chhapolia Country flag representing In Director 17-Apr-2018 Current

Financial Performance of Grc Garments.

Grc Garments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 126.03% increase. The company also saw a substantial improvement in profitability, with a 190.24% increase in profit. The company's net worth Soared by an impressive increase of 29.8%.

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
126.03%
Revenue from Operations
125.22%
Total Assets
78.50%
Profit or Loss
190.24%
Net Worth
29.80%
EBITDA
192.73%

What is the Ownership and Shareholding Structure of Grc Garments?

In 2023, Grc Garments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.00 M

Satisfied Charges

₹5.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.50 Cr
  • Hdfc Bank Limited : 0.60 Cr

Latest Charge Details

Date Lender Amount Status
26 May 2018 Others ₹1.50 Cr Open
19 Jul 2012 Hdfc Bank Limited ₹6.00 M Open
05 Apr 2011 Uco Bank ₹5.00 M Satisfied

How Many Employees Work at Grc Garments?

Grc Garments has a workforce of 39 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 Grc Garments, 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 Grc Garments'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 Grc Garments

Recent activity within the organization

  • Annual General Meeting

    Grc Garments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grc Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 15.00 M registered on 26 May 2018 with Charge ID 100180421 was modified on 26 Sep 2019.

    26 Sep 2019

  • Charges

    A charge with Others amounted to Rs. 15.00 M with Charge ID 100180421 was registered on 26 May 2018.

    26 May 2018

  • Director Appointment

    Ganesh Chhapolia was appointed as a Director was appointed as a Director on 17 Apr 2018 & has been associated with this company since 6 years 9 months .

    17 Apr 2018

  • Director Appointment

    Shanti Devi Chhapolia was appointed as a Director was appointed as a Director on 17 Apr 2018 & has been associated with this company since 6 years 9 months .

    17 Apr 2018

Frequently asked questions

  • Grc Garments Private Limited was incorporated on 11 Feb 2008.

  • The authorized share capital of Grc Garments Private Limited is ₹ 1.20 M and paid-up capital is ₹ 1.15 M.

  • Currently 4 directors are associated with Grc Garments Private Limited.

    • Avinash Chhapolia
    • Renu Chhapolia
    • Ganesh Chhapolia
    • Shanti Devi Chhapolia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grc Garments Private Limited is 293 Nandi Sahi, Cuttack, Orissa, India, 753001.

  • The corporate identification number (CIN) of Grc Garments Private Limited is U17120OR2008PTC009808 and the company number is 009808 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grc Garments Private Limited has risen by 126.03%.

  • As Per 2023 financial reports, 39 employees are currently employed by Grc Garments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grc Garments Private Limited has experienced an upsurge of 29.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grc Garments Private Limited amount to ₹ 2.10 Cr.

  • The most recent Balance Sheet for Grc Garments Private Limited was filed with the ROC on 31 Mar 2023.

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