Grover Spinners Pvt Ltd

Grover Spinners Pvt Ltd

Textile manufacturing company specializing in silk, artificial silk, nylon, cotton, and jute.
1984 | Punjab, Punjab (India) | Active

Last Updated:

June 19, 2024
HomeCompanyGrover Spinners Pvt Ltd

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

Board Members(3)

NameDesignationAppointment DateStatus
Vijay Arora In Director 17-Sep-1984Current
Naresh Grover In Director 29-Dec-2006Current
Vivek Arora In Director 16-Jan-2006Current

Financial Performance and Corporate Structure Insights of Grover Spinners.

Grover Spinners Pvt Ltd, for the financial year ended 2017, experienced modest growth in revenue, with a 3.05% increase. The company also saw a substantial fall in profitability, with a 490.85% decrease in profit. The company's net worth dipped by a decrease of 3.82%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
3.05%
Revenue from Operations
2.55%
Total Assets
-2.38%
Profit or Loss
-490.85%
Net Worth
-3.82%
EBITDA
-29.83%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹253.36 M

LenderAmountStatus

Oriental Bank Of Commerce

Creation Date: 21 Aug 2014
₹6.00 MOpen

Oriental Bank Of Commerce

Creation Date: 18 Aug 2011
₹3.72 CrOpen

Oriental Bank Of Commerce

Creation Date: 03 Aug 2009
₹3.26 CrOpen

How Many Employees Work at Grover Spinners?

Grover Spinners has a workforce of 0 employees as of Apr 07, 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.

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Latest Updates, News, and FAQs on Grover Spinners

Recent activity within the organization

  • Annual General Meeting

    Grover Spinners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

    30 Sep 2017

  • Balance Sheet

    Grover Spinners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chandigarh.

    31 Mar 2017

  • Charges

    A charge with Others of Rs. 14.00 M registered on 03 Aug 2009 with Charge ID 10172780 was modified on 05 Mar 2016.

    05 Mar 2016

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 6.00 M with Charge ID 10546502 was registered on 21 Aug 2014.

    21 Aug 2014

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 12.00 M registered on 18 Apr 2006 with Charge ID 80015455 was modified on 18 Oct 2012.

    18 Oct 2012

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 37.20 M registered on 18 Aug 2011 with Charge ID 10306471 was modified on 29 Jun 2012.

    29 Jun 2012

Frequently asked questions

  • Grover Spinners Pvt Ltd was incorporated on 17 Sep 1984.

  • The authorized share capital of Grover Spinners Pvt Ltd is ₹ 8.00 M and paid-up capital is ₹ 7.61 M.

  • Currently 3 directors are associated with Grover Spinners Pvt Ltd.

    • Vijay Pal Arora
    • Naresh Kumar Arora Alias Grover
    • Vivek Arora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Spinners Pvt Ltd is Grover Buildingkatra Ahluwalia Amritsar India, Punjab.

  • The corporate identification number (CIN) of Grover Spinners Pvt Ltd is U17115PB1984PTC005943 and the company number is 005943 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Grover Spinners Pvt Ltd has risen by 3.05%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Grover Spinners Pvt Ltd has experienced an downturn of -3.82%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Grover Spinners Pvt Ltd amount to ₹ 25.34 Cr.

  • The most recent Balance Sheet for Grover Spinners Pvt Ltd was filed with the ROC on 31 Mar 2017.

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