Grip Sales Private Limited

Grip Sales Private Limited

Authorized dealer of Michelin tires, trading rubber tires and tubes since 2004 in Mumbai.
2004 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 08, 2024
HomeCompanyGrip Sales Private Limited

Who are the key members and board of directors at Grip Sales?

Board Members(2)

NameDesignationAppointment DateStatus
Rajdeep Madan In Director 26-Mar-2004Current
Indraj Madan In Director 30-Oct-2021Current

Financial Performance and Corporate Structure Insights 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%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-78.75%
Revenue from Operations
-41.81%
Total Assets
12.88%
Profit or Loss
-77.86%
Net Worth
6.95%
EBITDA
62.56%

Charges (Loans)

Satisfied Charges

₹3.15 Cr

LenderAmountStatus

Citibank N. A.

Creation Date: 30 Jan 2012
₹2.40 CrSatisfied

Federal Bank

Creation Date: 01 Nov 2007
₹7.50 MSatisfied

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.

Employee Graph

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Rating

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Latest Updates, News, and FAQs on Grip Sales

Recent activity within the organization

  • Annual General Meeting

    Grip Sales Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grip Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Indraj Kaur Gurbakshish Singh Madan was appointed as a Director was appointed as a Director on 30 Oct 2021 & has been associated with this company since 3 years 13 days .

    30 Oct 2021

  • Charges

    A charge registered on 01 Nov 2007 via Charge ID 10079347 with Federal Bank was fully satisfied on 13 Jun 2019.

    13 Jun 2019

  • Charges

    A charge registered on 30 Jan 2012 via Charge ID 10332768 with Citibank N. A. was fully satisfied on 26 Feb 2018.

    26 Feb 2018

  • Charges

    A charge with Federal Bank of Rs. 0.75 Cr registered on 01 Nov 2007 with Charge ID 10079347 was modified on 25 Jun 2014.

    25 Jun 2014

Frequently asked questions

  • Grip Sales Private Limited was incorporated on 26 Mar 2004.

  • The authorized share capital of Grip Sales Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.64 Cr.

  • Currently 2 directors are associated with Grip Sales Private Limited.

    • Indraj Kaur Gurbakshish Singh Madan
    • Rajdeep Singh Gurbakshish Singh Madan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grip Sales Private Limited is 12/4 Atur Parksion Trombay Road, Chembur, Mumbai, Maharashtra, India, 400074.

  • The corporate identification number (CIN) of Grip Sales Private Limited is U51909MH2004PTC145362 and the company number is 145362 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Grip Sales Private Limited has fallen by -78.75%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Grip Sales Private Limited has experienced an upsurge of 6.95%.

  • The most recent Balance Sheet for Grip Sales Private Limited was filed with the ROC on 31 Mar 2023.

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