Grip Tight Packaging (India) Private Limited

Produces flexible packaging products for various clients, established in 1990.

1990 | Nagpur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Grip Tight Packaging (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.70 Cr
  • Paid Up Capital ₹ 1.70 Cr
  • Company Age 34 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.74 Cr
  • Satisfied Charges ₹ 11.53 Cr
  • Revenue Growth 26.99%
  • Profit Growth -41.99%
  • Ebitda 44.81%
  • Net Worth 10.40%
  • Total Assets -2.71%

About Grip Tight Packaging (India)

Grip Tight Packaging (India) Private Limited (GTPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 September 1990 and has a history of 34 years and five months. Its registered office is in Nagpur, Maharashtra.

The Corporate was formerly known as Sarveshwar Plastics Private Limited. The Company is engaged in the Packaging 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 1.70 Cr and a paid-up capital of Rs 1.70 Cr.

The company currently has active open charges totaling ₹9.74 Cr. The company has closed loans amounting to ₹11.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnakumar Gupta, Sulabh Gupta, Mayank Gupta, and One other member serve as directors at the Company.

Company Details

  • Location Nagpur, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gtpl.org.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25200MH1990PTC058203

  • Company No.

    058203

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Sep 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Packaging

What products or services does Grip Tight Packaging (India) Private Limited offer?

Grip Tight Packaging (India) Private Limited offers a wide range of products and services, including Shrink Wrap, PVC Shrink Films, Labels: Adhesive, Fabric & Metal, Labels, Packaging Films & Foils, Insulators & Insulation Materials, Electrical Insulation Sleeving, Pet Shrink Labels, PVC Shrink Sleeve, Paper, Plastic, PET, Shrink Sleeves.

Who are the key members and board of directors at Grip Tight Packaging (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Sulabh Gupta Country flag representing In Director 11-Jun-2013Current
Mayank Gupta Country flag representing In Director 11-Jun-2013Current
Krishnakumar Gupta Country flag representing In Director 11-Jun-2013Current
Ashok Gupta Country flag representing In Director 11-Jun-2013Current

Financial Performance of Grip Tight Packaging (India).

Grip Tight Packaging (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.99% increase. The company also saw a substantial fall in profitability, with a 41.99% decrease in profit. The company's net worth Soared by an impressive increase of 10.4%.

Graph illustrating revenue growth over time
Graph showing 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
26.99%
Revenue from Operations
29.92%
Total Assets
-2.71%
Profit or Loss
-41.99%
Net Worth
10.40%
EBITDA
44.81%

What is the Ownership and Shareholding Structure of Grip Tight Packaging (India)?

In 2023, Grip Tight Packaging (India) 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

₹9.74 Cr

Satisfied Charges

₹11.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 9.74 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2013Others₹9.74 CrOpen
13 Dec 2006The Cosmos Co-Operative Bank Limited₹2.92 CrSatisfied
09 Aug 2006Cosmos Co-Op Bank Ltd.₹5.00 MSatisfied
07 Jul 2006Cosmos Co-Operative Bank Limited₹4.25 CrSatisfied
07 Mar 2000Shikshak Sahakari Bank Ltd.₹9.50 MSatisfied

How Many Employees Work at Grip Tight Packaging (India)?

Grip Tight Packaging (India) has a workforce of 14 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grip Tight Packaging (India), 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 Tight Packaging (India)'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 Grip Tight Packaging (India)

Recent activity within the organization

  • Annual General Meeting

    Grip Tight Packaging (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Grip Tight Packaging (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 9.74 Cr registered on 28 Jun 2013 with Charge ID 10435217 was modified on 07 May 2022.

    07 May 2022

  • Charges

    A charge registered on 07 Jul 2006 via Charge ID 10012533 with Cosmos Co-Operative Bank Limited was fully satisfied on 25 Jul 2013.

    25 Jul 2013

  • Charges

    A charge registered on 13 Dec 2006 via Charge ID 10056236 with The Cosmos Co-Operative Bank Limited was fully satisfied on 24 Jul 2013.

    24 Jul 2013

  • Charges

    A charge with Others amounted to Rs. 9.74 Cr with Charge ID 10435217 was registered on 28 Jun 2013.

    28 Jun 2013

Frequently asked questions

  • Grip Tight Packaging (India) Private Limited was incorporated on 18 Sep 1990.

  • The authorized share capital of Grip Tight Packaging (India) Private Limited is ₹ 1.70 Cr and paid-up capital is ₹ 1.70 Cr.

  • Currently 4 directors are associated with Grip Tight Packaging (India) Private Limited.

    • Krishnakumar Mannilal Gupta
    • Sulabh Ashok Kumar Gupta
    • Mayank Krishnakumar Gupta
    • Ashok Mannilal Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grip Tight Packaging (India) Private Limited is Plot No E 5 Midc Industrialarea Hingna India, Nagpur, Maharashtra, 440028.

  • The corporate identification number (CIN) of Grip Tight Packaging (India) Private Limited is U25200MH1990PTC058203 and the company number is 058203 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grip Tight Packaging (India) Private Limited is https://www.gtpl.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grip Tight Packaging (India) Private Limited has risen by 26.99%.

  • As Per 2023 financial reports, 14 employees are currently employed by Grip Tight Packaging (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grip Tight Packaging (India) Private Limited has experienced an upsurge of 10.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grip Tight Packaging (India) Private Limited amount to ₹ 9.74 Cr.

  • The most recent Balance Sheet for Grip Tight Packaging (India) Private Limited was filed with the ROC on 31 Mar 2024.

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