Grover Knitters Private Limited

Textile manufacturing company established in 1999 with registered office in Punjab.

1999 | Amritsar, Punjab (India) | Active
Last Updated: December 27, 2024

Grover Knitters Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.32 Cr
  • Satisfied Charges ₹ 6.47 Cr
  • Revenue Growth 20.80%
  • Profit Growth 7.49%
  • Ebitda -39.37%
  • Net Worth -48.53%
  • Total Assets -11.43%

About Grover Knitters

Grover Knitters Private Limited (GKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 1999 and has a history of 25 years and ten months. Its registered office is in Amritsar, 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹7.32 Cr. The company has closed loans amounting to ₹6.47 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Grover, Satish Arora, and Munish Arora serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115PB1999PTC022353

  • Company No.

    022353

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 1999

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Rajeev Grover Country flag representing In Director 16-Jan-2006 Current
Satish Arora Country flag representing In Director 16-Mar-1999 Current
Munish Arora Country flag representing In Director 16-Mar-1999 Current

Financial Performance of Grover Knitters.

Grover Knitters Private Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 20.8% increase. The company also saw a slight improvement in profitability, with a 7.49% increase in profit. The company's net worth observed a substantial decline by a decrease of 48.53%.

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
20.80%
Revenue from Operations
20.89%
Total Assets
-11.43%
Profit or Loss
7.49%
Net Worth
-48.53%
EBITDA
-39.37%

What is the Ownership and Shareholding Structure of Grover Knitters?

In 2019, Grover Knitters 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

₹7.32 Cr

Satisfied Charges

₹6.47 Cr

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 4.94 Cr
  • Others : 2.38 Cr

Latest Charge Details

Date Lender Amount Status
28 Jul 2022 Others ₹2.04 Cr Open
18 Jun 2020 Others ₹3.40 M Open
03 Aug 2012 Oriental Bank Of Commerce ₹0.43 M Open
12 Apr 2010 Oriental Bank Of Commerce ₹1.45 Cr Open
28 Jul 2009 Oriental Bank Of Commerce ₹1.70 Cr Open

How Many Employees Work at Grover Knitters?

Grover Knitters has a workforce of 17 employees as of Apr 08, 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 Grover Knitters, 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 Knitters'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 Knitters

Recent activity within the organization

  • Annual General Meeting

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 2.04 Cr with Charge ID 100602129 was registered on 28 Jul 2022.

    28 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 0.34 Cr with Charge ID 100347518 was registered on 18 Jun 2020.

    18 Jun 2020

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 1.75 Cr registered on 23 Dec 2003 with Charge ID 80039321 was modified on 14 Aug 2015.

    14 Aug 2015

  • Charges

    A charge registered on 12 Apr 2010 via Charge ID 10215097 with Oriental Bank Of Commerce was fully satisfied on 25 Apr 2013.

    25 Apr 2013

Frequently asked questions

  • Grover Knitters Private Limited was incorporated on 16 Mar 1999.

  • The authorized share capital of Grover Knitters Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Grover Knitters Private Limited.

    • Rajeev Grover
    • Satish Pal Arora
    • Munish Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Knitters Private Limited is Village Kherabad Ajnala Road, India, Amritsar, Punjab, 143008.

  • The corporate identification number (CIN) of Grover Knitters Private Limited is U17115PB1999PTC022353 and the company number is 022353 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2019, the revenue trend for Grover Knitters Private Limited has risen by 20.80%.

  • As Per 2019 financial reports, 17 employees are currently employed by Grover Knitters Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Grover Knitters Private Limited has experienced an downturn of -48.53%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Grover Knitters Private Limited amount to ₹ 7.32 Cr.

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

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