Grip Sales Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 09-01-2025
- Paid Up Capital ₹ 6.40 M
as on 09-01-2025
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
as on 09-01-2025
- Satisfied Charges ₹ 3.15 Cr
as on 09-01-2025
- Revenue -78.75%
(FY 2020)
- Profit -77.86%
(FY 2020)
- Ebitda 62.56%
(FY 2020)
- Net Worth 6.95%
(FY 2020)
- Total Assets 12.88%
(FY 2020)
About Grip Sales
The Company is engaged in the Automotive 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 1.00 Cr and a paid-up capital of Rs 6.40 M.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹3.15 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajdeep Madan and Indraj Madan serve as directors at the Company.
- CIN/LLPIN
U51909MH2004PTC145362
- Company No.
145362
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Mar 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Grip Sales?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajdeep Madan  | Director | 26-Mar-2004 | Current |
| Indraj Madan | Director | 30-Oct-2021 | Current |
Financial Performance of Grip Sales.
Grip Sales Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 78.75% decrease. The company also saw a substantial fall in profitability, with a 77.86% decrease in profit. The company's net worth moved up by a moderate rise of 6.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grip Sales?
In 2018, Grip Sales had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹5.00 Cr
₹3.15 Cr
Charges Breakdown by Lending Institutions
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2024 | Others | ₹5.00 Cr | Open |
| 30 Jan 2012 | Citibank N. A. | ₹2.40 Cr | Satisfied |
| 01 Nov 2007 | Federal Bank | ₹7.50 M | Satisfied |
How Many Employees Work at Grip Sales?
Unlock and access historical data on people associated with Grip Sales, 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 Grip Sales, 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 Sales'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.
