Grind Master Machines Private Limited

Founded in 1993 and headquartered in Maharashtra, India.

1993 | Aurangabad, Maharashtra (India) | Active
Last Updated: October 24, 2024

Grind Master Machines Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.21 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 34.20 Cr
  • Satisfied Charges ₹ 28.96 Cr
  • Revenue Growth 15.78%
  • Profit Growth -67.82%
  • Ebitda -103.89%
  • Net Worth -23.23%
  • Total Assets -19.13%

About Grind Master Machines

Grind Master Machines Private Limited (GMMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 1993 and has a history of 31 years and one month. Its registered office is in Aurangabad, Maharashtra, India.

The Corporate was formerly known as Grind Master Machine Pvt Ltd. 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 1.50 Cr and a paid-up capital of Rs 6.21 M.

The company currently has active open charges totaling ₹34.20 Cr. The company has closed loans amounting to ₹28.96 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29100MH1993PTC075518

  • Company No.

    075518

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Grind Master Machines Private Limited offer?

Grind Master Machines Private Limited offers a wide range of products and services, including Machines & Equipments, Tube Mills, Abrasives & Grains, Abrasive Belts, Abrasive Wheels, Drills, Grinders, Saws & Power Tools, Electric Sander, Buffing, Surface Finishing Machines, Deburring Machine, Cutting Machines & Equipment.

Who are the key members and board of directors at Grind Master Machines?

Executive Team (1)

Name Designation Appointment Date Status
Milind Kelkar Country flag representing In Managing Director 05-Apr-2004 Current

Board Members (2)

Name Designation Appointment Date Status
Mohini Kelkar Country flag representing In Director 08-Dec-1993 Current
Ravindra Gokhale Country flag representing In Additional Director 12-Mar-2024 Current

Financial Performance of Grind Master Machines.

Grind Master Machines Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.78% increase. The company also saw a substantial fall in profitability, with a 67.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.23%.

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
15.78%
Revenue from Operations
11.28%
Total Assets
-19.13%
Profit or Loss
-67.82%
Net Worth
-23.23%
EBITDA
-103.89%

What is the Ownership and Shareholding Structure of Grind Master Machines?

In 2023, Grind Master Machines 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

₹34.20 Cr

Satisfied Charges

₹28.96 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 34.00 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
28 Sep 2017 Others ₹2.00 M Open
26 Nov 2005 Axis Bank Limited ₹34.00 Cr Open
25 Nov 2022 Yes Bank Limited ₹10.00 Cr Satisfied
06 Mar 2020 Sidbi ₹1.19 Cr Satisfied
15 Mar 2019 Sidbi ₹2.00 Cr Satisfied

How Many Employees Work at Grind Master Machines?

Grind Master Machines has a workforce of 196 employees as of Apr 05, 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 Grind Master Machines, 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 Grind Master Machines'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 Grind Master Machines

Recent activity within the organization

  • Charges

    A charge registered on 25 Nov 2022 via Charge ID 100666049 with Yes Bank Limited was fully satisfied on 18 Mar 2024.

    18 Mar 2024

  • Director Appointment

    Ravindra Pralhad Gokhale was appointed as a Additional Director was appointed as a Additional Director on 12 Mar 2024 & has been associated with this company since 10 months 21 days .

    12 Mar 2024

  • Charges

    A charge registered on 06 Mar 2020 via Charge ID 100328821 with Sidbi was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge registered on 15 Mar 2019 via Charge ID 100244858 with Sidbi was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge registered on 24 Jun 2016 via Charge ID 100038697 with Sidbi was fully satisfied on 03 Jan 2024.

    03 Jan 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 34.00 Cr registered on 26 Nov 2005 with Charge ID 80006765 was modified on 05 Oct 2023.

    05 Oct 2023

Frequently asked questions

  • Grind Master Machines Private Limited was incorporated on 08 Dec 1993.

  • The authorized share capital of Grind Master Machines Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 6.21 M.

  • Currently 3 directors are associated with Grind Master Machines Private Limited.

    • Milind Dinkar Kelkar
    • Mohini Milind Kelkar
    • Ravindra Pralhad Gokhale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grind Master Machines Private Limited is B-11/B-14 Midc Railwaystation India, Aurangabad, Maharashtra, 431005.

  • The corporate identification number (CIN) of Grind Master Machines Private Limited is U29100MH1993PTC075518 and the company number is 075518 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grind Master Machines Private Limited is https://www.grindmaster.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grind Master Machines Private Limited has risen by 15.78%.

  • As Per 2023 financial reports, 196 employees are currently employed by Grind Master Machines Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grind Master Machines Private Limited has experienced an downturn of -23.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grind Master Machines Private Limited amount to ₹ 34.20 Cr.

  • The most recent Balance Sheet for Grind Master Machines Private Limited was filed with the ROC on 31 Mar 2023.

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