Grotone Sales Private Limited

Founded in 2017 and headquartered in Karnataka, India.

2017 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Grotone Sales Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.13 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -24.49%
  • Profit Growth 97.68%
  • Ebitda -20.79%
  • Net Worth -0.35%
  • Total Assets 9.90%

About Grotone Sales

Grotone Sales Private Limited (GSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 May 2017 (Seven years and nine months 14 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Oil & Gas 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 1.00 M and a paid-up capital of Rs 0.13 M, as per Ministry of Corporate Affairs (MCA) records.

Srinivasan Kannan and Ramakrishna Herethottalakere serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50500KA2017PTC102800

  • Company No.

    102800

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2017

  • Date of AGM

    06 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Oil & Gas

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

Board Members (2)

Name Designation Appointment Date Status
Srinivasan Kannan Country flag representing In Director 04-May-2017 Current
Ramakrishna Herethottalakere Country flag representing In Director 04-May-2017 Current

Financial Performance of Grotone Sales.

Grotone Sales Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 24.49% decrease. The company also saw a substantial improvement in profitability, with a 97.68% increase in profit. The company's net worth dipped by a decrease of 0.35%.

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
-24.49%
Revenue from Operations
-20.00%
Total Assets
9.90%
Profit or Loss
97.68%
Net Worth
-0.35%
EBITDA
-20.79%

What is the Ownership and Shareholding Structure of Grotone Sales?

Unlock access to Grotone Sales's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Grotone Sales?

Unlock and access historical data on people associated with Grotone Sales, 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 Grotone Sales, 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 Grotone Sales'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 Grotone Sales

Recent activity within the organization

  • Annual General Meeting

    Grotone Sales Private Limited last Annual general meeting of members was held on 06 Sep 2024 as per latest MCA records.

    06 Sep 2024

  • Balance Sheet

    Grotone Sales Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Srinivasan Kannan was appointed as a Director was appointed as a Director on 04 May 2017 & has been associated with this company since 7 years 9 months .

    04 May 2017

  • Director Appointment

    Ramakrishna Lakshmana Sharma Herethottalakere was appointed as a Director was appointed as a Director on 04 May 2017 & has been associated with this company since 7 years 9 months .

    04 May 2017

  • Company Incorporation

    Grotone Sales Private Limited was registered on 04 May 2017 with Roc Bangalore & aged 7 years 9 months as per MCA records.

    04 May 2017

Frequently asked questions

  • Grotone Sales Private Limited was incorporated on 04 May 2017.

  • The authorized share capital of Grotone Sales Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.13 M.

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

    • Srinivasan Kannan
    • Ramakrishna Lakshmana Sharma Herethottalakere
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grotone Sales Private Limited is Apartment 209 Sobha Opal No 1 18Th Main 39Th Cross, Jayanagar 4Th 'T' B Lock India, Bangalore, Karnataka, 560041.

  • The corporate identification number (CIN) of Grotone Sales Private Limited is U50500KA2017PTC102800 and the company number is 102800 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Grotone Sales Private Limited has fallen by -24.49%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Grotone Sales Private Limited has experienced an downturn of -0.35%.

  • The most recent Balance Sheet for Grotone Sales Private Limited was filed with the ROC on 31 Mar 2024.