Grind Master Machines Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 24-10-2024
- Paid Up Capital ₹ 6.21 M
as on 24-10-2024
- Company Age 31 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 34.20 Cr
as on 24-10-2024
- Satisfied Charges ₹ 28.96 Cr
as on 24-10-2024
- Revenue 15.78%
(FY 2023)
- Profit -67.82%
(FY 2023)
- Ebitda -103.89%
(FY 2023)
- Net Worth -23.23%
(FY 2023)
- Total Assets -19.13%
(FY 2023)
About Grind Master Machines
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.
- 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
Company Details
- Location
Aurangabad, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
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  | Managing Director | 05-Apr-2004 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohini Kelkar | Director | 08-Dec-1993 | Current |
| Ravindra Gokhale | Additional Director | 12-Mar-2024 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Indian Machine Tool Manufacturers AssociationActive 51 years 8 monthsMohini Kelkar is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Sep 2017 | ₹2.00 M | Open |
Axis Bank Limited Creation Date: 26 Nov 2005 | ₹34.00 Cr | Open |
Yes Bank Limited Creation Date: 25 Nov 2022 | ₹10.00 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.
Deals i
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
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.
