Groversons Industries Private Limited

Manufactures women's undergarments and thermal wear, markets under various brands.

1987 | Delhi (India) | Active
Last Updated: January 11, 2025

Groversons Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.53 M
  • Company Age 37 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 30.02 Cr
  • Satisfied Charges ₹ 53.87 Cr
  • Revenue Growth 22.45%
  • Profit Growth 73.38%
  • Ebitda 319.41%
  • Net Worth 16.90%
  • Total Assets 33.75%

About Groversons Industries

Groversons Industries Private Limited (GIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 1987 and has a history of 37 years and two months. Its registered office is in Delhi, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.53 M.

The company currently has active open charges totaling ₹30.02 Cr. The company has closed loans amounting to ₹53.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kanika Grover, Rakesh Grover, Sheela Rani, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1987PTC029924

  • Company No.

    029924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Fashion and Textile

What products or services does Groversons Industries Private Limited offer?

Groversons Industries Private Limited offers a wide range of products and services, including Ladies Bra, Seamless Bra, Padded Bra, Women Lingerie, Bra Panty Set, Embroidered Bra.

Who are the key members and board of directors at Groversons Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Rakesh Grover Country flag representing In Managing Director27-Nov-1987Current

Board Members (4)

NameDesignationAppointment DateStatus
Siddharth Grover Country flag representing In Director 28-Aug-2009Current
Kanika Grover Country flag representing In Director 27-Nov-1987Current
Sheela Rani Country flag representing In Director 27-Nov-1987Current
Karuna Grover Country flag representing In Director 27-Nov-1987Current

Financial Performance of Groversons Industries.

Groversons Industries Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.45% increase. The company also saw a substantial improvement in profitability, with a 73.38% increase in profit. The company's net worth Soared by an impressive increase of 16.9%.

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
22.45%
Revenue from Operations
21.87%
Total Assets
33.75%
Profit or Loss
73.38%
Net Worth
16.90%
EBITDA
319.41%

What is the Ownership and Shareholding Structure of Groversons Industries?

In 2022, Groversons Industries 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

₹300.19 M

Satisfied Charges

₹538.75 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.02 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jul 2023Hdfc Bank Limited₹6.85 MOpen
06 Mar 2021Hdfc Bank Limited₹1.00 MOpen
30 Oct 2020Hdfc Bank Limited₹9.00 MOpen
18 Apr 2019Hdfc Bank Limited₹28.33 CrOpen
05 Jan 2016Bank Of Baroda₹2.00 CrSatisfied

How Many Employees Work at Groversons Industries?

Groversons Industries has a workforce of 208 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Groversons Industries, 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 Groversons Industries'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 Groversons Industries

Recent activity within the organization

  • Annual General Meeting

    Groversons Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Groversons Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 283.35 M registered on 18 Apr 2019 with Charge ID 100269722 was modified on 08 Nov 2023.

    08 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.85 M with Charge ID 100785460 was registered on 31 Jul 2023.

    31 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 M with Charge ID 100440933 was registered on 06 Mar 2021.

    06 Mar 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.00 M with Charge ID 100411822 was registered on 30 Oct 2020.

    30 Oct 2020

Frequently asked questions

  • Groversons Industries Private Limited was incorporated on 27 Nov 1987.

  • The authorized share capital of Groversons Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.53 M.

  • Currently 5 directors are associated with Groversons Industries Private Limited.

    • Kanika Grover
    • Rakesh Grover
    • Sheela Rani
    • Karuna Grover
    • Siddharth Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Groversons Industries Private Limited is 2665-A/2 Beadon Pura, Karol Bagh India, New Delhi, 110005.

  • The corporate identification number (CIN) of Groversons Industries Private Limited is U74899DL1987PTC029924 and the company number is 029924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Groversons Industries Private Limited is https://www.groversonsindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Groversons Industries Private Limited has risen by 22.45%.

  • As Per 2022 financial reports, 208 employees are currently employed by Groversons Industries Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Groversons Industries Private Limited has experienced an upsurge of 16.90%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Groversons Industries Private Limited amount to ₹ 30.02 Cr.

  • The most recent Balance Sheet for Groversons Industries Private Limited was filed with the ROC on 31 Mar 2024.

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