Grospinz Fabz Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 23.49 Cr
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 264.04 Cr
- Satisfied Charges ₹ 57.37 Cr
- Revenue Growth -8.72%
- Profit Growth -23.42%
- Ebitda -14.15%
- Net Worth 21.76%
- Total Assets 40.27%
About Grospinz Fabz
Grospinz Fabz Limited (GFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 December 2006 and has a history of 18 years and three months. Its registered office is in Muktsar, Punjab, India.
The Company is engaged in the Manufacturing 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 25.00 Cr and a paid-up capital of Rs 23.49 Cr.
The company currently has active open charges totaling ₹264.04 Cr. The company has closed loans amounting to ₹57.37 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grospinz Fabz Limited India are Navneet Grover as Ceo, Seema Rani as Company Secretary, and Neha Grover as Cfo. Supneet Grover, Asha Grover, Babu Grover, and Two other members serve as directors at the Company.
Company Details
- Location
Muktsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17111PB2006PLC030726
- Company No.
030726
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Dec 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
What products or services does Grospinz Fabz Limited offer?
Grospinz Fabz Limited offers a wide range of products and services, including Cotton.
Who are the key members and board of directors at Grospinz Fabz?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Navneet Grover | CEO | 29-Mar-2024 | Current |
Babu Grover  | Managing Director | 05-Dec-2006 | Current |
| Seema Rani | Company Secretary | 13-Jan-2021 | Current |
| Neha Grover | CFO | 06-Jan-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Supneet Grover | Director | 05-Dec-2006 | Current |
| Asha Grover | Director | 09-Sep-2021 | Current |
| Rohit Kataria | Director | 16-Apr-2024 | Current |
Financial Performance of Grospinz Fabz.
Grospinz Fabz Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.72% decrease. The company also saw a substantial fall in profitability, with a 23.42% decrease in profit. The company's net worth Soared by an impressive increase of 21.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grospinz Fabz?
In 2023, Grospinz Fabz had a promoter holding of 64.57% and a public holding of 35.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Muktsar Cotton Private LimitedSupneet Grover, Asha Grover and 2 more are mutual person
Charges (Loans)
Open Charges
₹264.04 Cr
Satisfied Charges
₹57.37 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 236.79 Cr
- Hdfc Bank Limited : 15.65 Cr
- Others : 11.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2023 | Others | ₹1.10 Cr | Open |
| 24 Mar 2023 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 16 Jan 2023 | Others | ₹7.70 Cr | Open |
| 20 Dec 2022 | Others | ₹2.80 Cr | Open |
| 04 Mar 2021 | Hdfc Bank Limited | ₹6.50 M | Open |
How Many Employees Work at Grospinz Fabz?
Grospinz Fabz has a workforce of 347 employees as of Mar 25, 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 Grospinz Fabz, 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 Grospinz Fabz'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.
Latest Updates, News, and FAQs on Grospinz Fabz
Recent activity within the organization
- Annual General Meeting
Grospinz Fabz Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 209.79 Cr registered on 24 Mar 2008 with Charge ID 10108050 was modified on 28 May 2024.
- Charges
A charge with Sbicap Trustee Company Limited of Rs. 27.00 Cr registered on 25 Feb 2020 with Charge ID 100326897 was modified on 22 May 2024.
- Director Appointment
Rohit Kataria was appointed as a Director was appointed as a Director on 16 Apr 2024 & has been associated with this company since 11 months 12 days .
- Balance Sheet
Grospinz Fabz Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Navneet Grover was appointed as a Ceo was appointed as a Ceo on 29 Mar 2024 & has been associated with this company since 11 months 30 days .
Frequently asked questions
What is the Incorporation or founding date of Grospinz Fabz Limited?
Grospinz Fabz Limited was incorporated on 05 Dec 2006.
What is authorized share capital and paid-up capital of Grospinz Fabz Limited?
The authorized share capital of Grospinz Fabz Limited is ₹ 25.00 Cr and paid-up capital is ₹ 23.49 Cr.
Who are the current board members & directors of Grospinz Fabz Limited?
Currently 8 directors are associated with Grospinz Fabz Limited.
- Navneet Grover
- Supneet Grover
- Asha Rani Grover
- Babu Lal Grover
- Navneet Grover
- Seema Rani
- Rohit Kataria
- Neha Grover
What is the registered address of Grospinz Fabz Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grospinz Fabz Limited is Near Railway Crossing Factory Road India, Muktsar, Punjab, 152026.
What is the corporate identification number (CIN) and company number of Grospinz Fabz Limited?
The corporate identification number (CIN) of Grospinz Fabz Limited is U17111PB2006PLC030726 and the company number is 030726 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grospinz Fabz Limited?
The Official website of Grospinz Fabz Limited is https://www.grospinz.com
What has been the recent revenue trend for Grospinz Fabz Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Grospinz Fabz Limited has fallen by -8.72%.
How many employees does Grospinz Fabz Limited currently have?
As Per 2023 financial reports, 347 employees are currently employed by Grospinz Fabz Limited.
What change has been observed in the net worth of Grospinz Fabz Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Grospinz Fabz Limited has experienced an upsurge of 21.76%.
What are the total open charges for Grospinz Fabz Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Grospinz Fabz Limited amount to ₹ 264.04 Cr.
When was the last Balance Sheet of Grospinz Fabz Limited filed with the ROC?
The most recent Balance Sheet for Grospinz Fabz Limited was filed with the ROC on 31 Mar 2024.