Groarc Industries India Limited

Founded in 1992 and headquartered in Tamil Nadu, India.

1992 | Chennai, Tamil Nadu (India) | Active
Last Updated: May 25, 2024

Groarc Industries India Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 20.47 Cr
  • Company Age 32 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 21.98 Cr
  • Revenue Growth 7.09%
  • Profit Growth -68.16%
  • Ebitda 237.59%
  • Net Worth 107.70%
  • Total Assets -1.52%

About Groarc Industries India

Groarc Industries India Limited (GIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 October 1992 and has a history of 32 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532315.

The Corporate was formerly known as Telesys Software Limited. The Company is engaged in the Financial Services 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 25.00 Cr and a paid-up capital of Rs 20.47 Cr.

The company has closed loans amounting to ₹21.98 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Groarc Industries India Limited India are Thilagam as CFO and Priyanka Kumawat as Company Secretary. Vijayaraj Jain, Tirukkurungudi Srinivasan, Chandran Ganesan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L70200TN1992PLC023621

  • Company No.

    023621

  • Stock Symbol

    BSE : 532315

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Financial Services
Information Technology

Who are the key members and board of directors at Groarc Industries India?

Executive Team (2)

Name Designation Appointment Date Status
Thilagam CFO 26-Aug-2021 Current
Priyanka Kumawat Country flag representing In Company Secretary 01-Oct-2018 Current

Board Members (5)

Name Designation Appointment Date Status
Vijayaraj Jain Country flag representing In Director 31-Mar-2006 Current
Tirukkurungudi Srinivasan Country flag representing In Director 26-Aug-2021 Current
Chandran Ganesan Country flag representing In Whole-Time Director 14-Apr-2021 Current
Murali Chengalvarayan Country flag representing In Director 01-Aug-2019 Current
Rajendhiran Jayaram Country flag representing In Whole-Time Director 02-Apr-2009 Current

Financial Performance of Groarc Industries India.

Groarc Industries India Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.09% increase. The company also saw a substantial fall in profitability, with a 68.16% decrease in profit. The company's net worth Soared by an impressive increase of 107.7%.

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
7.09%
Revenue from Operations
8.78%
Total Assets
-1.52%
Profit or Loss
-68.16%
Net Worth
107.70%
EBITDA
237.59%

What is the Ownership and Shareholding Structure of Groarc Industries India?

In 2023, Groarc Industries India had a public 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

₹0

Satisfied Charges

₹21.98 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank Sowcarpet Branch Chennai : 20.48 Cr
  • Andhra Bank : 1.50 Cr

Latest Charge Details

Date Lender Amount Status
01 Mar 2006 Andhra Bank ₹1.50 Cr Satisfied
21 Mar 2005 Andhra Bank Sowcarpet Branch Chennai ₹20.48 Cr Satisfied

How Many Employees Work at Groarc Industries India?

Unlock and access historical data on people associated with Groarc Industries India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Groarc Industries 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 Groarc Industries 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 Groarc Industries India

Recent activity within the organization

  • Annual General Meeting

    Groarc Industries India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Groarc Industries India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Tirukkurungudi Seshadri Srinivasan was appointed as a Director was appointed as a Director on 26 Aug 2021 & has been associated with this company since 3 years 5 months .

    26 Aug 2021

  • Director Appointment

    Chandran Ganesan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Apr 2021 & has been associated with this company since 3 years 9 months .

    14 Apr 2021

  • Director Appointment

    Murali Chengalvarayan was appointed as a Director was appointed as a Director on 01 Aug 2019 & has been associated with this company since 5 years 6 months .

    01 Aug 2019

  • Director Appointment

    Rajendhiran Jayaram was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Apr 2009 & has been associated with this company since 15 years 10 months .

    02 Apr 2009

Frequently asked questions

  • Groarc Industries India Limited was incorporated on 13 Oct 1992.

  • The authorized share capital of Groarc Industries India Limited is ₹ 25.00 Cr and paid-up capital is ₹ 20.47 Cr.

  • Currently 7 directors are associated with Groarc Industries India Limited.

    • Vijayaraj Jain Heerachand Jain
    • Tirukkurungudi Seshadri Srinivasan
    • Chandran Ganesan
    • Murali Chengalvarayan
    • Thilagam
    • Priyanka Kumawat
    • Rajendhiran Jayaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Groarc Industries India Limited is No. - 1/L Blackers Road 2F Gaiety Palace, 2Nd Floor Chintadripet, Chennai, Tamil Nadu, India, 600002.

  • The corporate identification number (CIN) of Groarc Industries India Limited is L70200TN1992PLC023621 and the company number is 023621 as per Ministry of Corporate Affairs (MCA).

  • Yes, Groarc Industries India Limited is registered on Bombay Stock Exchange (BSE).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Groarc Industries India Limited has risen by 7.09%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Groarc Industries India Limited has experienced an upsurge of 107.70%.

  • The most recent Balance Sheet for Groarc Industries India Limited was filed with the ROC on 31 Mar 2023.

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