Grind Master Machines Private Limited

Specializing in manufacturing machines for metal finishing, deburring, and micro-finishing for various industries.

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

Grind Master Machines Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 6.21 M
  • Company Age 31 Year, 2 Months
  • 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 two months. 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.

Milind Kelkar, Mohini Kelkar, and Ravindra Gokhale serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    grindmaster.co.in

  • 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)

NameDesignationAppointment DateStatus
Milind Kelkar Country flag representing In Managing Director05-Apr-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Mohini Kelkar Country flag representing In Director 08-Dec-1993Current
Ravindra Gokhale Country flag representing In Additional Director 12-Mar-2024Current

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%.

Grind Master Machines revenue growth over time
Grind Master Machines 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

DateLenderAmountStatus
28 Sep 2017Others₹2.00 MOpen
26 Nov 2005Axis Bank Limited₹34.00 CrOpen
25 Nov 2022Yes Bank Limited₹10.00 CrSatisfied
06 Mar 2020Sidbi₹1.19 CrSatisfied
15 Mar 2019Sidbi₹2.00 CrSatisfied

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.

Employee growth trends for Grind Master Machines Private Limited

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.

  • 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 11 months 22 days .

  • Charges

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

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Grind Master Machines Private Limited?

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

  • What is authorized share capital and paid-up capital of Grind Master Machines Private Limited?

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

  • Who are the current board members & directors of Grind Master Machines Private Limited?

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

    • Milind Dinkar Kelkar
    • Mohini Milind Kelkar
    • Ravindra Pralhad Gokhale

  • What is the registered address of Grind Master Machines Private Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Grind Master Machines Private Limited?

    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).

  • What is the official website of Grind Master Machines Private Limited?

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

  • What has been the recent revenue trend for Grind Master Machines Private Limited?

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

  • How many employees does Grind Master Machines Private Limited currently have?

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

  • What change has been observed in the net worth of Grind Master Machines Private Limited, and by what percentage?

    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%.

  • What are the total open charges for Grind Master Machines Private Limited?

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

  • When was the last Balance Sheet of Grind Master Machines Private Limited filed with the ROC?

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

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