Grovers Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.85 M
- Company Age 78 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 4.97 Cr
- Revenue Growth -96.46%
- Profit Growth 83.10%
- Ebitda 83.22%
- Net Worth -23.96%
- Total Assets -35.33%
About Grovers
Grovers Private Limited (GPL) was founded in India on 29 September 1946 and has a glorious history of 78 years and four months.Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 2.00 M and a paid-up capital of Rs 0.85 M.
The company has closed loans amounting to ₹4.97 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Ravi Grover and Rakesh Grover serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U51900MH1946PTC005207
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Company No.
005207
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
29 Sep 1946
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Grovers?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Grover
|
Director | 01-Apr-1998 | Current |
|
Rakesh Grover
|
Director | 05-Sep-1993 | Current |
Financial Performance of Grovers.
Grovers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 96.46% decrease. The company also saw a substantial improvement in profitability, with a 83.1% increase in profit. The company's net worth observed a substantial decline by a decrease of 23.96%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Grovers?
Unlock access to Grovers's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Charges (Loans)
₹0
₹49.70 M
Charges Breakdown by Lending Institutions
- Canara Bank : 4.97 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2007 | Canara Bank | ₹0.70 M | Satisfied |
| 01 Dec 2006 | Canara Bank | ₹2.40 Cr | Satisfied |
| 10 Jul 2000 | Canara Bank | ₹2.40 Cr | Satisfied |
| 27 Oct 1993 | Canara Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Grovers?
Grovers has a workforce of 1 employees as of Mar 30, 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 Grovers, 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 Grovers'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
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