Grover Silk Mills Private Limited
Textile company specializing in silk preparation, spinning, and production, as well as other textiles.
1981 | Mumbai, Maharashtra (India) | Active
Grover Silk Mills Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 43 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.45 Cr
- Revenue Growth 45.75%
- Profit Growth 110.32%
- Ebitda 1.79%
- Net Worth 7.99%
- Total Assets 5.77%
About Grover Silk Mills
Grover Silk Mills Private Limited (GSMPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 March 1981 and has a history of 43 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Home & Lifestyle 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹3.45 Cr.
Lalit Grover and Jyoti Grover serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17116MH1981PTC023995
- Company No.
023995
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 1981
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Home & Lifestyle
Who are the key members and board of directors at Grover Silk Mills?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Lalit Grover  | Director | 26-Dec-1989 | Current |
| Jyoti Grover | Director | 04-Aug-1981 | Current |
Financial Performance of Grover Silk Mills.
Grover Silk Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 45.75% increase. The company also saw a substantial improvement in profitability, with a 110.32% increase in profit. The company's net worth moved up by a moderate rise of 7.99%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Grover Silk Mills?
In 2023, Grover Silk Mills had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Tg Silks Llp
Lalit Grover is a mutual person
- Lovely Constructions Private Limited
Lalit Grover and Jyoti Grover are mutual person
- Shree Grotex Trade Links Private Limited
Lalit Grover and Jyoti Grover are mutual person
Charges (Loans)
Open Charges
₹34.50 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Bank Of Oman Limited : 1.75 Cr
- Mashreq Bank P.S.C. : 1.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 1995 | Mashreq Bank P.S.C. | ₹1.70 Cr | Open |
| 05 Sep 1992 | Bank Of Oman Limited | ₹1.75 Cr | Open |
How Many Employees Work at Grover Silk Mills?
Grover Silk Mills has a workforce of 0 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grover Silk Mills, 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 Silk Mills'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.