Grover Light Source Private Limited

Electrical product trading company with a wide range of offerings and established since 1993.

1993 | Meerut, Uttar Pradesh (India) | Active
Last Updated: November 16, 2024

Grover Light Source Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.52 M
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.96 Cr
  • Satisfied Charges ₹ 4.97 Cr
  • Revenue Growth 18.02%
  • Profit Growth 3.78%
  • Ebitda -2.25%
  • Net Worth 2.61%
  • Total Assets 45.11%

About Grover Light Source

Grover Light Source Private Limited (GLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 March 1993 and has a history of 31 years and 11 months. Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Consumer Electronics & Durables 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 9.00 M and a paid-up capital of Rs 8.52 M.

The company currently has active open charges totaling ₹5.96 Cr. The company has closed loans amounting to ₹4.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rupinder Grover, Mun Grover, and Sant Grover serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U29305UP1993PTC015180

  • Company No.

    015180

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Electronics & Durables

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

Board Members (3)

Name Designation Appointment Date Status
Rupinder Grover Country flag representing In Director 03-Aug-2022 Current
Mun Grover Country flag representing In Director 11-Mar-1993 Current
Sant Grover Country flag representing In Director 11-Mar-1993 Current

Financial Performance of Grover Light Source.

Grover Light Source Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.02% increase. The company also saw a slight improvement in profitability, with a 3.78% increase in profit. The company's net worth moved up by a moderate rise of 2.61%.

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
18.02%
Revenue from Operations
18.01%
Total Assets
45.11%
Profit or Loss
3.78%
Net Worth
2.61%
EBITDA
-2.25%

What is the Ownership and Shareholding Structure of Grover Light Source?

In 2023, Grover Light Source 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

₹59.58 M

Satisfied Charges

₹49.73 M

Charges Breakdown by Lending Institutions

  • Others : 5.96 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2023 Others ₹3.56 Cr Open
18 Apr 2022 Others ₹2.40 Cr Open
05 Jun 2017 Others ₹3.70 M Satisfied
08 Nov 2013 Icici Bank Limited ₹1.52 Cr Satisfied
24 Oct 2013 Icici Bank Ltd ₹2.19 M Satisfied

How Many Employees Work at Grover Light Source?

Grover Light Source has a workforce of 7 employees as of Mar 28, 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 Light Source, 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 Light Source'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 Light Source

Recent activity within the organization

  • Annual General Meeting

    Grover Light Source 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 Light Source Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 35.58 M with Charge ID 100761203 was registered on 01 Jul 2023.

    01 Jul 2023

  • Director Appointment

    Rupinder Kaur Grover was appointed as a Director was appointed as a Director on 03 Aug 2022 & has been associated with this company since 2 years 6 months .

    03 Aug 2022

  • Charges

    A charge with Others amounted to Rs. 24.00 M with Charge ID 100568398 was registered on 18 Apr 2022.

    18 Apr 2022

  • Charges

    A charge registered on 08 Nov 2013 via Charge ID 10458088 with Icici Bank Limited was fully satisfied on 11 Nov 2021.

    11 Nov 2021

Frequently asked questions

  • Grover Light Source Private Limited was incorporated on 11 Mar 1993.

  • The authorized share capital of Grover Light Source Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.52 M.

  • Currently 3 directors are associated with Grover Light Source Private Limited.

    • Rupinder Kaur Grover
    • Mun Puneet Singh Grover
    • Sant Paul Singh Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Light Source Private Limited is E-38-39, Udhyog Puram India, Partapur, Uttar Pradesh, 250103.

  • The corporate identification number (CIN) of Grover Light Source Private Limited is U29305UP1993PTC015180 and the company number is 015180 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grover Light Source Private Limited is https://www.groverlightsource.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grover Light Source Private Limited has risen by 18.02%.

  • As Per 2023 financial reports, 7 employees are currently employed by Grover Light Source Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grover Light Source Private Limited has experienced an upsurge of 2.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grover Light Source Private Limited amount to ₹ 5.96 Cr.

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

People also Viewed

Similar Companies Based on Electronic Appliances Retail & Distribution