Grover Devcon Profile
Key Indicators
- Authorised Capital ₹ 3.75 Cr
- Paid Up Capital ₹ 3.03 Cr
- Company Age 5 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.45 Cr
- Satisfied Charges ₹ 7.00 Cr
- Revenue Growth 42.11%
- Profit Growth 42.82%
- Ebitda 41.39%
- Net Worth 17.40%
- Total Assets 12.74%
About Grover Devcon
Grover Devcon Private Limited (GDPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 August 2019 (Five years and six months 10 days old ). Its registered office is in Lucknow, Uttar Pradesh, India.
The Company is engaged in the Chemicals And Materials 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 3.75 Cr and a paid-up capital of Rs 3.03 Cr.
The company currently has active open charges totaling ₹10.45 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vinod Grover and Atul Grover serve as directors at the Company.
Company Details
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Location
Lucknow, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
- Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U70109UP2019PTC120074
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Company No.
120074
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Aug 2019
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
Who are the key members and board of directors at Grover Devcon?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vinod Grover
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Director | 09-Aug-2019 | Current |
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Atul Grover
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Director | 09-Aug-2019 | Current |
Financial Performance of Grover Devcon.
Grover Devcon Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.11% increase. The company also saw a substantial improvement in profitability, with a 42.82% increase in profit. The company's net worth Soared by an impressive increase of 17.4%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Grover Devcon?
In 2023, Grover Devcon had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.45 Cr
₹7.00 Cr
Charges Breakdown by Lending Institutions
- Others : 9.90 Cr
- Indian Bank : 0.37 Cr
- Hdfc Bank Limited : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jun 2024 | Indian Bank | ₹3.70 M | Open |
| 29 Sep 2021 | Others | ₹9.90 Cr | Open |
| 04 Sep 2021 | Hdfc Bank Limited | ₹1.79 M | Open |
| 24 Mar 2023 | Hdfc Bank Limited | ₹7.00 Cr | Satisfied |
How Many Employees Work at Grover Devcon?
Grover Devcon has a workforce of 74 employees as of Mar 21, 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 Devcon, 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 Devcon'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.