Gri Towers India Private Limited

Founded in 2011 and headquartered in Maharashtra, India.

2011 | Kolhapur, Maharashtra (India) | Active
Last Updated: July 06, 2024

Gri Towers India Profile

Key Indicators

  • Authorised Capital ₹ 104.50 Cr
  • Paid Up Capital ₹ 102.24 Cr
  • Company Age 13 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.45 Cr
  • Revenue Growth 169.65%
  • Profit Growth 102.12%
  • Ebitda 366.71%
  • Net Worth 1.79%
  • Total Assets 3.02%

About Gri Towers India

Gri Towers India Private Limited (GTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2011 and has a history of 13 years and eight months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Gri Powergear Towers India Private Limited. The Company is engaged in the Machinery And Equipment 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 104.50 Cr and a paid-up capital of Rs 102.24 Cr.

The company currently has active open charges totaling ₹60.45 Cr.

The Key Managerial Personnel (KMP) at Gri Towers India Private Limited India is Poorva Garware as COMPANY SECRETARY.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990PN2011PTC157080

  • Company No.

    157080

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 May 2011

  • Date of AGM

    07 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

Who are the key members and board of directors at Gri Towers India?

Executive Team (1)

Name Designation Appointment Date Status
Poorva Garware Company Secretary 26-Apr-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Mario Escribano Country flag representing Es Director 04-Jul-2011 Current
Antonio Maldonado Country flag representing Es Director 04-Aug-2022 Current
Andre Oliveira Country flag representing Pt Director 20-Feb-2019 Current
Ramesh Mascarenhas Country flag representing In Whole-Time Director 03-Jun-2020 Current

Financial Performance of Gri Towers India.

Gri Towers India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 169.65% increase. The company also saw a substantial improvement in profitability, with a 102.12% increase in profit. The company's net worth moved up by a moderate rise of 1.79%.

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
169.65%
Revenue from Operations
169.61%
Total Assets
3.02%
Profit or Loss
102.12%
Net Worth
1.79%
EBITDA
366.71%

What is the Ownership and Shareholding Structure of Gri Towers India?

In 2023, Gri Towers India 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

₹60.45 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 60.45 Cr

Latest Charge Details

Date Lender Amount Status
08 Sep 2023 The Hongkong And Shanghai Banking Corporation Limited ₹60.00 Cr Open
26 Jul 2016 The Hongkong And Shanghai Banking Corporation Limited ₹4.48 M Open

How Many Employees Work at Gri Towers India?

Gri Towers India has a workforce of 424 employees as of Apr 04, 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 Gri Towers 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 Gri Towers India'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 Gri Towers India

Recent activity within the organization

  • Director Appointment

    Poorva Hemant Garware was appointed as a Company Secretary was appointed as a Company Secretary on 26 Apr 2024 & has been associated with this company since 9 months 8 days .

    26 Apr 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 60.00 Cr with Charge ID 100805655 was registered on 08 Sep 2023.

    08 Sep 2023

  • Annual General Meeting

    Gri Towers India Private Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.

    07 Sep 2023

  • Balance Sheet

    Gri Towers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Director Appointment

    Antonio Barbosa Maldonado was appointed as a Director was appointed as a Director on 04 Aug 2022 & has been associated with this company since 2 years 6 months .

    04 Aug 2022

  • Director Appointment

    Ramesh Kustas Mascarenhas was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jun 2020 & has been associated with this company since 4 years 8 months .

    03 Jun 2020

Frequently asked questions

  • Gri Towers India Private Limited was incorporated on 30 May 2011.

  • The authorized share capital of Gri Towers India Private Limited is ₹ 104.50 Cr and paid-up capital is ₹ 102.24 Cr.

  • Currently 5 directors are associated with Gri Towers India Private Limited.

    • Mario Ruiz Escribano
    • Poorva Hemant Garware
    • Antonio Barbosa Maldonado
    • Andre Filipe Aparicio De Oliveira
    • Ramesh Kustas Mascarenhas
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gri Towers India Private Limited is Gat No. 355 A/P Majale Kolhapur, Maharashtra, India, 416109.

  • The corporate identification number (CIN) of Gri Towers India Private Limited is U74990PN2011PTC157080 and the company number is 157080 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gri Towers India Private Limited is https://www.gri.com.es

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gri Towers India Private Limited has risen by 169.65%.

  • As Per 2023 financial reports, 424 employees are currently employed by Gri Towers India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gri Towers India Private Limited has experienced an upsurge of 1.79%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gri Towers India Private Limited amount to ₹ 60.45 Cr.

  • The most recent Balance Sheet for Gri Towers India Private Limited was filed with the ROC on 31 Mar 2023.

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