Grip Engineers Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
as on 15-11-2024
- Paid Up Capital ₹ 7.45 Cr
as on 15-11-2024
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.14 Cr
as on 15-11-2024
- Satisfied Charges ₹ 32.46 Cr
as on 15-11-2024
- Revenue 33.73%
(FY 2023)
- Profit 181.21%
(FY 2023)
- Ebitda 42.45%
(FY 2023)
- Net Worth 4.53%
(FY 2023)
- Total Assets 16.71%
(FY 2023)
About Grip Engineers
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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.45 Cr.
The company currently has active open charges totaling ₹33.14 Cr. The company has closed loans amounting to ₹32.46 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dwarkesh Lajpal, Ranjit Arya, Hemant Lajpal, and One other member serve as directors at the Company.
- CIN/LLPIN
U74899DL1988PTC031573
- Company No.
031573
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 May 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Delhi, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Grip Engineers Private Limited offer?
Grip Engineers Private Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, EOT Cranes, Branding & Advertising Agencies, Advertising Service, Elevators & Escalators, Goods Lift, Hoist, Hydraulic Jacks, Lifts & Winches, Power Winches, Overhead Crane.
Who are the key members and board of directors at Grip Engineers?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjit Arya  | Director | 16-Jul-1995 | Current |
| Muthu Mani | Director | 15-May-1988 | Current |
| Dwarkesh Lajpal | Director | 15-May-1988 | Current |
| Hemant Lajpal | Director | 15-May-1988 | Current |
Financial Performance of Grip Engineers.
Grip Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.73% increase. The company also saw a substantial improvement in profitability, with a 181.21% increase in profit. The company's net worth moved up by a moderate rise of 4.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grip Engineers?
In 2023, Grip Engineers 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)
Techmech Cranes India Private LimitedActive 13 years 9 monthsHemant Lajpal and Muthu Mani are mutual person
Grip Strapping Technologies Private LimitedActive 19 years 3 monthsHemant Lajpal and Muthu Mani are mutual person
Grip Strapping Global Private LimitedActive 7 years 1 monthHemant Lajpal and Muthu Mani are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 31 May 2024 | ₹0.90 M | Open |
Axis Bank Limited Creation Date: 29 Mar 2024 | ₹0.94 M | Open |
Axis Bank Limited Creation Date: 06 Feb 2024 | ₹32.00 Cr | Open |
How Many Employees Work at Grip Engineers?
Grip Engineers has a workforce of 200 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 Grip Engineers, 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 Grip Engineers'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.
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