Gri Towers India Private Limited

Manufactures steel towers for windmill installation.

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

Gri Towers India Profile

Key Indicators

  • Authorised Capital ₹ 104.50 Cr
  • Paid Up Capital ₹ 102.24 Cr
  • Company Age 13 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.48 M
  • Satisfied Charges ₹ 60.00 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 nine 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 2024. 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 ₹4.48 M. The company has closed loans amounting to ₹60.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gri Towers India Private Limited India is Poorva Garware as COMPANY SECRETARY. Andre Oliveira, Ramesh Mascarenhas, Antonio Maldonado, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gri.com.es

  • 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

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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)

NameDesignationAppointment DateStatus
Poorva Garware Company Secretary26-Apr-2024Current

Board Members (4)

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

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%.

Gri Towers India revenue growth over time
Gri Towers India 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

₹0.45 Cr

Satisfied Charges

₹60.00 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jul 2016The Hongkong And Shanghai Banking Corporation Limited₹4.48 MOpen
08 Sep 2023The Hongkong And Shanghai Banking Corporation Limited₹60.00 CrSatisfied

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.

Employee growth trends for Gri Towers India Private Limited

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

  • Annual General Meeting

    Gri Towers India Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

  • 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 10 months 8 days .

  • Balance Sheet

    Gri Towers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 08 Sep 2023 via Charge ID 100805655 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 31 Jan 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.

  • 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 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gri Towers India Private Limited?

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

  • What is authorized share capital and paid-up capital of Gri Towers India Private Limited?

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

  • Who are the current board members & directors of Gri Towers India Private Limited?

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

    • Andre Filipe Aparicio De Oliveira
    • Ramesh Kustas Mascarenhas
    • Poorva Hemant Garware
    • Antonio Barbosa Maldonado
    • Mario Ruiz Escribano
  • What is the registered address of Gri Towers India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gri Towers India Private Limited is Gat No. 355, A/P Majale India, Kolhapur, Maharashtra, 416109.

  • What is the corporate identification number (CIN) and company number of Gri Towers India Private Limited?

    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).

  • What is the official website of Gri Towers India Private Limited?

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

  • What has been the recent revenue trend for Gri Towers India Private Limited?

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

  • How many employees does Gri Towers India Private Limited currently have?

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

  • What change has been observed in the net worth of Gri Towers India Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Gri Towers India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gri Towers India Private Limited amount to ₹ 4.48 M.

  • When was the last Balance Sheet of Gri Towers India Private Limited filed with the ROC?

    The most recent Balance Sheet for Gri Towers India Private Limited was filed with the ROC on 31 Mar 2024.

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