Grid 2 Chip Private Limited

Provides design, development, and engineering services for data centers and control panels.

2016 | Rangareddy, Telangana (India) | Active
Last Updated: October 23, 2024

Grid 2 Chip Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.00 M
  • Satisfied Charges ₹ 4.20 M
  • Revenue Growth -53.80%
  • Profit Growth -47.18%
  • Ebitda -42.37%
  • Net Worth 11.69%
  • Total Assets 32.25%

About Grid 2 Chip

Grid 2 Chip Private Limited (G2CPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 April 2016 (Eight years and nine months 26 days old ). Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹7.00 M. The company has closed loans amounting to ₹4.20 M, as per Ministry of Corporate Affairs (MCA) records.

Mannava Kavitha and Rajani Chakrapani serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    grid2chip.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2016PTC109265

  • Company No.

    109265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Engineering
Information Technology

What products or services does Grid 2 Chip Private Limited offer?

Grid 2 Chip Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Data Loggers, Turnkey Consultants & Solutions, Engineering Project, Computer Hardware & Network Support, Data Centre Solution, Project Management, Electrification Service, Turnkey Solutions, Software Development & IT Consultant.

Who are the key members and board of directors at Grid 2 Chip?

Board Members (2)

NameDesignationAppointment DateStatus
Mannava Kavitha Country flag representing In Director 28-Apr-2016Current
Rajani Chakrapani Country flag representing In Director 28-Apr-2016Current

Financial Performance of Grid 2 Chip.

Grid 2 Chip Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 53.8% decrease. The company also saw a substantial fall in profitability, with a 47.18% decrease in profit. The company's net worth Soared by an impressive increase of 11.69%.

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
-53.80%
Revenue from Operations
-54.05%
Total Assets
32.25%
Profit or Loss
-47.18%
Net Worth
11.69%
EBITDA
-42.37%

What is the Ownership and Shareholding Structure of Grid 2 Chip?

In 2023, Grid 2 Chip 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

₹7.00 M

Satisfied Charges

₹4.20 M

Charges Breakdown by Lending Institutions

  • Others : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
06 Sep 2024Others₹7.00 MOpen
01 Dec 2018Others₹4.20 MSatisfied

How Many Employees Work at Grid 2 Chip?

Unlock and access historical data on people associated with Grid 2 Chip, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grid 2 Chip, 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 Grid 2 Chip'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 Grid 2 Chip

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 7.00 M with Charge ID 100975235 was registered on 06 Sep 2024.

    06 Sep 2024

  • Charges

    A charge registered on 01 Dec 2018 via Charge ID 100226854 with Others was fully satisfied on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

    Grid 2 Chip Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grid 2 Chip Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.20 M with Charge ID 100226854 was registered on 01 Dec 2018.

    01 Dec 2018

  • Director Appointment

    Mannava Kavitha was appointed as a Director was appointed as a Director on 28 Apr 2016 & has been associated with this company since 8 years 9 months .

    28 Apr 2016

Frequently asked questions

  • Grid 2 Chip Private Limited was incorporated on 28 Apr 2016.

  • The authorized share capital of Grid 2 Chip Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Grid 2 Chip Private Limited.

    • Mannava Kavitha
    • Rajani Chakrapani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grid 2 Chip Private Limited is Plot No.196 Survey No.186/8 Ec Nagar Colony Near Andhra Bank, Cherlap Alli India, Hyderabad, Telangana, 501301.

  • The corporate identification number (CIN) of Grid 2 Chip Private Limited is U74999TG2016PTC109265 and the company number is 109265 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grid 2 Chip Private Limited is https://www.grid2chip.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grid 2 Chip Private Limited has fallen by -53.80%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grid 2 Chip Private Limited has experienced an upsurge of 11.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grid 2 Chip Private Limited amount to ₹ 7.00 M.

  • The most recent Balance Sheet for Grid 2 Chip Private Limited was filed with the ROC on 31 Mar 2023.