Grover Stainless Private Limited

Company rents property and manufactures, trades, and exports stainless steel and aluminum utensils.

2005 | New Delhi, Delhi (India) | Active
Last Updated: July 02, 2024

Grover Stainless Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 0.85 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.39 Cr
  • Satisfied Charges ₹ 1.25 Cr
  • Revenue Growth 15.64%
  • Profit Growth 160.20%
  • Ebitda -39.00%
  • Net Worth 4.76%
  • Total Assets -9.32%

About Grover Stainless

Grover Stainless Private Limited (GSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 December 2005 and has a history of 19 years and one month. Its registered office is in New Delhi, Delhi, India.

The Corporate was formerly known as A A S Infotech Private Limited. The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 0.85 M.

The company currently has active open charges totaling ₹1.39 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Aman Grover, Ashok Grover, Rekha Grover, and One other member serve as directors at the Company.

Company Details

  • Location

    New Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310DL2005PTC143501

  • Company No.

    143501

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Grover Stainless Private Limited offer?

Grover Stainless Private Limited offers a wide range of products and services, including Steel and Stainless Steel Coils, Stainless Steel Coils, Stainless Steel Sheet.

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

Board Members (4)

Name Designation Appointment Date Status
Aman Grover Country flag representing In Director 13-Mar-2008 Current
Ashok Grover Country flag representing In Director 13-Mar-2008 Current
Rekha Grover Country flag representing In Director 04-Dec-2018 Current
Neha Grover Country flag representing In Director 04-Dec-2018 Current

Financial Performance of Grover Stainless.

Grover Stainless Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.64% increase. The company also saw a substantial improvement in profitability, with a 160.2% increase in profit. The company's net worth moved up by a moderate rise of 4.76%.

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
15.64%
Revenue from Operations
14.67%
Total Assets
-9.32%
Profit or Loss
160.20%
Net Worth
4.76%
EBITDA
-39.00%

What is the Ownership and Shareholding Structure of Grover Stainless?

In 2023, Grover Stainless 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

₹13.95 M

Satisfied Charges

₹12.50 M

Charges Breakdown by Lending Institutions

  • Others : 1.08 Cr
  • Axis Bank Limited : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
13 Feb 2024 Others ₹1.08 Cr Open
11 Mar 2020 Axis Bank Limited ₹3.17 M Open
23 Nov 2011 Kotak Mahindra Bank Limited ₹1.25 Cr Satisfied

How Many Employees Work at Grover Stainless?

Grover Stainless has a workforce of 17 employees as of Mar 29, 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 Stainless, 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 Stainless'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 Stainless

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.78 M with Charge ID 100889698 was registered on 13 Feb 2024.

    13 Feb 2024

  • Annual General Meeting

    Grover Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grover Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.17 M with Charge ID 100331261 was registered on 11 Mar 2020.

    11 Mar 2020

  • Director Appointment

    Rekha Grover was appointed as a Director was appointed as a Director on 04 Dec 2018 & has been associated with this company since 6 years 2 months .

    04 Dec 2018

  • Director Appointment

    Neha Grover was appointed as a Director was appointed as a Director on 04 Dec 2018 & has been associated with this company since 6 years 2 months .

    04 Dec 2018

Frequently asked questions

  • Grover Stainless Private Limited was incorporated on 09 Dec 2005.

  • The authorized share capital of Grover Stainless Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.85 M.

  • Currently 4 directors are associated with Grover Stainless Private Limited.

    • Aman Grover
    • Ashok Grover
    • Rekha Grover
    • Neha Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grover Stainless Private Limited is E-14 Sma Industrial Area G.T. Karnal Road, New Delhi, India, 110033.

  • The corporate identification number (CIN) of Grover Stainless Private Limited is U27310DL2005PTC143501 and the company number is 143501 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grover Stainless Private Limited is https://www.groverstainless.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grover Stainless Private Limited has risen by 15.64%.

  • As Per 2023 financial reports, 17 employees are currently employed by Grover Stainless Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grover Stainless Private Limited has experienced an upsurge of 4.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grover Stainless Private Limited amount to ₹ 1.39 Cr.

  • The most recent Balance Sheet for Grover Stainless Private Limited was filed with the ROC on 31 Mar 2023.

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