Grover Spinners Profile
Key Indicators
- Authorised Capital ₹ 8.00 M
- Paid Up Capital ₹ 7.61 M
- Company Age 40 Year, 4 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 25.34 Cr
- Revenue Growth 3.05%
- Profit Growth -490.85%
- Ebitda -29.83%
- Net Worth -3.82%
- Total Assets -2.38%
About Grover Spinners
Grover Spinners Pvt Ltd (GSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 September 1984 and has a history of 40 years and four months. Its registered office is in Punjab, Punjab.
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 2017. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 7.61 M.
The company currently has active open charges totaling ₹25.34 Cr.
Vijay Arora, Naresh Grover, and Vivek Arora serve as directors at the Company.
Company Details
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LocationPunjab, Punjab
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17115PB1984PTC005943
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Company No.
005943
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Sep 1984
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Date of AGM
30 Sep 2017
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Date of Balance Sheet
31 Mar 2017
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Grover Spinners?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vijay Arora
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Director | 17-Sep-1984 | Current |
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Naresh Grover
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Director | 29-Dec-2006 | Current |
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Vivek Arora
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Director | 16-Jan-2006 | Current |
Financial Performance 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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What is the Ownership and Shareholding Structure of Grover Spinners?
In 2017, Grover Spinners had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Danfield Bobbin LimitedVijay Arora, Naresh Grover and 1 more are mutual person
Charges (Loans)
₹253.36 M
₹0
Charges Breakdown by Lending Institutions
- Oriental Bank Of Commerce : 23.94 Cr
- Others : 1.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2014 | Oriental Bank Of Commerce | ₹6.00 M | Open |
| 18 Aug 2011 | Oriental Bank Of Commerce | ₹3.72 Cr | Open |
| 03 Aug 2009 | Oriental Bank Of Commerce | ₹3.26 Cr | Open |
| 03 Aug 2009 | Others | ₹1.40 Cr | Open |
| 03 Aug 2009 | Oriental Bank Of Commerce | ₹6.40 M | Open |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grover Spinners, 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 Spinners'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.