Grew Industries Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 13.60 Cr
- Company Age 58 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 36.90 Cr
- Satisfied Charges ₹ 317.98 Cr
- Revenue Growth 30.90%
- Profit Growth 84.97%
- Ebitda 98.48%
- Net Worth 2.74%
- Total Assets -0.76%
About Grew Industries
Grew Industries Private Limited (GIPL) was founded in India on 22 September 1966 and has a glorious history of 58 years and five months.Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as G R Engineering Works Private Limited. 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 30.00 Cr and a paid-up capital of Rs 13.60 Cr.
The company currently has active open charges totaling ₹36.90 Cr. The company has closed loans amounting to ₹317.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramesh Hariani and Chilamilika Hariani 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
U28920MH1966PTC013582
- Company No.
013582
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Sep 1966
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Grew Industries Private Limited offer?
Grew Industries Private Limited offers a wide range of products and services, including Turnkey Consultants & Solutions, Industrial project consultants, Agricultural & Farm Consultants, Agricultural Testing Service, Forwarding & Custom Clearing, Freight Forwarding Services, Cooling Tower, Heat Exchanger, Parts, Industrial Heat Exchanger.
Who are the key members and board of directors at Grew Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Hariani  | Managing Director | 22-Sep-1966 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chilamilika Hariani | Director | 01-Dec-2006 | Current |
Financial Performance of Grew Industries.
Grew Industries Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 30.9% increase. The company also saw a substantial improvement in profitability, with a 84.97% increase in profit. The company's net worth moved up by a moderate rise of 2.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of Grew Industries?
In 2022, Grew Industries had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oriental Hotels LimitedRamesh Hariani is a mutual person
G. R. Engineering Private LimitedRamesh Hariani and Chilamilika Hariani are mutual person
G. R. Infrastructure Private LimitedRamesh Hariani is a mutual person
Taj Madurai LimitedRamesh Hariani and Chilamilika Hariani are mutual person
- G R Shipping Private Limited
Ramesh Hariani is a mutual person
Charges (Loans)
₹36.90 Cr
₹317.98 Cr
Charges Breakdown by Lending Institutions
- Others : 26.40 Cr
- Hdfc Bank Limited : 10.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Others | ₹26.40 Cr | Open |
| 16 Apr 2024 | Hdfc Bank Limited | ₹10.50 Cr | Open |
| 31 Mar 2021 | Others | ₹5.00 Cr | Satisfied |
| 25 May 2017 | The Zoroastrian Co-Operative Bank Limited | ₹3.78 Cr | Satisfied |
| 30 Mar 2016 | Others | ₹16.10 Cr | Satisfied |
How Many Employees Work at Grew Industries?
Unlock and access historical data on people associated with Grew Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grew Industries, 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 Grew Industries'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.
