Grover Fuels Private Limited

Imports and trades coal, pet coke, lignite, and allied material since 2011 in Surat, Gujarat.

2011 | Surat, Gujarat (India) | Active
Last Updated: December 05, 2024

Grover Fuels Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.63 M
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.39 Cr
  • Revenue Growth -24.00%
  • Profit Growth -17.68%
  • Ebitda -28.40%
  • Net Worth 5.92%
  • Total Assets -8.59%

About Grover Fuels

Grover Fuels Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 December 2011 and has a history of 13 years and two months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Partap Fuels Private Limited. The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 4.63 M.

The company currently has active open charges totaling ₹3.39 Cr.

Jasbinder Grover and Kawaljeet Grover serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52390GJ2011PTC068169

  • Company No.

    068169

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Dec 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

What products or services does Grover Fuels Private Limited offer?

Grover Fuels Private Limited offers a wide range of products and services, including Coal, Steam Coal, Coal, Carbon & Charcoal.

Who are the key members and board of directors at Grover Fuels?

Executive Team (1)

NameDesignationAppointment DateStatus
Jasbinder Grover Country flag representing In Managing Director12-Dec-2011Current

Board Members (1)

NameDesignationAppointment DateStatus
Kawaljeet Grover Country flag representing In Director 12-Dec-2011Current

Financial Performance of Grover Fuels.

Grover Fuels Private Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 24% decrease. The company also saw a substantial fall in profitability, with a 17.68% decrease in profit. The company's net worth moved up by a moderate rise of 5.92%.

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
-24.00%
Revenue from Operations
-23.96%
Total Assets
-8.59%
Profit or Loss
-17.68%
Net Worth
5.92%
EBITDA
-28.40%

What is the Ownership and Shareholding Structure of Grover Fuels?

In 2024, Grover Fuels had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹33.85 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 3.25 Cr
  • Others : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Others₹1.38 MOpen
24 Mar 2012The South Indian Bank Limited₹3.25 CrOpen

How Many Employees Work at Grover Fuels?

Unlock and access historical data on people associated with Grover Fuels, 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 Grover Fuels, 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 Fuels'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 Grover Fuels

Recent activity within the organization

  • Annual General Meeting

    Grover Fuels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Grover Fuels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 1.38 M with Charge ID 100866844 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with The South Indian Bank Limited of Rs. 32.47 M registered on 24 Mar 2012 with Charge ID 10348854 was modified on 28 Dec 2021.

    28 Dec 2021

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 32.47 M with Charge ID 10348854 was registered on 24 Mar 2012.

    24 Mar 2012

  • Director Appointment

    Jasbinder Palsingh Grover was appointed as a Managing Director was appointed as a Managing Director on 12 Dec 2011 & has been associated with this company since 13 years 2 months .

    12 Dec 2011

Frequently asked questions

  • Grover Fuels Private Limited was incorporated on 12 Dec 2011.

  • The authorized share capital of Grover Fuels Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.63 M.

  • Currently 2 directors are associated with Grover Fuels Private Limited.

    • Jasbinder Palsingh Grover
    • Kawaljeet Kaur Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Fuels Private Limited is Plot No 25 Ranchodratna Nagar Society Magdalla Port Road Magdalla, India, Surat, Gujarat, 395007.

  • The corporate identification number (CIN) of Grover Fuels Private Limited is U52390GJ2011PTC068169 and the company number is 068169 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2024, the revenue trend for Grover Fuels Private Limited has fallen by -24.00%.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Grover Fuels Private Limited has experienced an upsurge of 5.92%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Grover Fuels Private Limited amount to ₹ 3.39 Cr.

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