Grid Power Conversion Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 22 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 0.50 M
- Revenue Growth -34.07%
- Profit Growth -101.75%
- Ebitda -120.48%
- Net Worth -7.79%
- Total Assets 2.29%
About Grid Power Conversion
Grid Power Conversion Private Limited (GPCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 2002 and has a history of 22 years and six months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Consumer Electronics & Durables 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 ₹2.00 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Jaya Shetty and Panth Monnappa serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U40101KA2002PTC030861
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Company No.
030861
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Aug 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Grid Power Conversion Private Limited offer?
Grid Power Conversion Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Power Meters, Computer and Networking Solutions, Networking Solutions, Inverters, UPS and Converters, UPS.
Who are the key members and board of directors at Grid Power Conversion?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jaya Shetty
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Director | 26-May-2003 | Current |
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Panth Monnappa
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Director | 06-Aug-2002 | Current |
Financial Performance of Grid Power Conversion.
Grid Power Conversion Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.07% decrease. The company also saw a substantial fall in profitability, with a 101.75% decrease in profit. The company's net worth dipped by a decrease of 7.79%.
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What is the Ownership and Shareholding Structure of Grid Power Conversion?
In 2023, Grid Power Conversion had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Kodagu Trade And Commerce Private LimitedPanth Monnappa is a mutual person
Charges (Loans)
₹20.00 M
₹0.50 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jul 2024 | State Bank Of India | ₹2.00 Cr | Open |
| 28 Feb 2011 | Idbi Bank Limited | ₹0.50 M | Satisfied |
How Many Employees Work at Grid Power Conversion?
Unlock and access historical data on people associated with Grid Power Conversion, 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 Grid Power Conversion, 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 Power Conversion'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.
