Grover Automobiles Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 3.50 Cr
as on 24-10-2024
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 33.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 11.75 Cr
as on 24-10-2024
- Revenue 16.01%
(FY 2023)
- Profit -16.62%
(FY 2023)
- Ebitda -15.47%
(FY 2023)
- Net Worth 27.41%
(FY 2023)
- Total Assets 41.89%
(FY 2023)
About Grover Automobiles
The Company is engaged in the Automotive 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 4.00 Cr and a paid-up capital of Rs 3.50 Cr.
The company currently has active open charges totaling ₹33.00 Cr. The company has closed loans amounting to ₹11.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Diljang Singh, Kulwant Singh, Jaswinder Singh, and One other member serve as directors at the Company.
- CIN/LLPIN
U50100PB2013PTC037368
- Company No.
037368
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
18 Apr 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Grover Automobiles?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Diljang Singh  | Director | 18-Apr-2013 | Current |
| Kulwant Singh | Director | 18-Apr-2013 | Current |
| Jaswinder Singh | Director | 18-Apr-2013 | Current |
| Avtar Singh | Director | 18-Apr-2013 | Current |
Financial Performance of Grover Automobiles.
Grover Automobiles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.01% increase. The company also saw a substantial fall in profitability, with a 16.62% decrease in profit. The company's net worth Soared by an impressive increase of 27.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grover Automobiles?
In 2023, Grover Automobiles had a promoter holding of 51.43% and a public holding of 48.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grover Motors Private LimitedActive 15 years 6 monthsDiljang Singh, Kulwant Singh and 2 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Sep 2023 | ₹9.00 Cr | Open |
Hdfc Bank Limited Creation Date: 30 Jun 2022 | ₹7.50 M | Open |
Hdfc Bank Limited Creation Date: 20 May 2013 | ₹23.25 Cr | Open |
How Many Employees Work at Grover Automobiles?
Grover Automobiles has a workforce of 246 employees as of Apr 03, 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 Grover Automobiles, 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 Grover Automobiles'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.
