Grospinz Fabz Limited

Manufactures cotton spun yarn with two units in Punjab and Gujarat.

2006 | Muktsar, Punjab (India) | Active
Last Updated: November 17, 2024

Grospinz Fabz Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 23.49 Cr
  • Company Age 18 Year, 2 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 two 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

    grospinz.com

  • 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)

NameDesignationAppointment DateStatus
Navneet Grover CEO29-Mar-2024Current
Babu Grover Country flag representing In Managing Director05-Dec-2006Current
Seema Rani Country flag representing In Company Secretary13-Jan-2021Current
Neha Grover CFO06-Jan-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Supneet Grover Country flag representing In Director 05-Dec-2006Current
Asha Grover Country flag representing In Director 09-Sep-2021Current
Rohit Kataria Country flag representing In Director 16-Apr-2024Current

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%.

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
-8.72%
Revenue from Operations
-8.38%
Total Assets
40.27%
Profit or Loss
-23.42%
Net Worth
21.76%
EBITDA
-14.15%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
21 Oct 2023Others₹1.10 CrOpen
24 Mar 2023Hdfc Bank Limited₹15.00 CrOpen
16 Jan 2023Others₹7.70 CrOpen
20 Dec 2022Others₹2.80 CrOpen
04 Mar 2021Hdfc Bank Limited₹6.50 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • 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.

    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.

    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 10 months 8 days .

    16 Apr 2024

  • Balance Sheet

    Grospinz Fabz Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • 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 10 months 26 days .

    29 Mar 2024

Frequently asked questions

  • Grospinz Fabz Limited was incorporated on 05 Dec 2006.

  • The authorized share capital of Grospinz Fabz Limited is ₹ 25.00 Cr and paid-up capital is ₹ 23.49 Cr.

  • 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
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grospinz Fabz Limited is Near Railway Crossing Factory Road India, Muktsar, Punjab, 152026.

  • The corporate identification number (CIN) of Grospinz Fabz Limited is U17111PB2006PLC030726 and the company number is 030726 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grospinz Fabz Limited is https://www.grospinz.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grospinz Fabz Limited has fallen by -8.72%.

  • As Per 2023 financial reports, 347 employees are currently employed by Grospinz Fabz Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grospinz Fabz Limited has experienced an upsurge of 21.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grospinz Fabz Limited amount to ₹ 264.04 Cr.

  • The most recent Balance Sheet for Grospinz Fabz Limited was filed with the ROC on 31 Mar 2024.

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