_PRIVATE_LIMITED.webp)
Grow Ever Steel (India) Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.10 M
- Company Age 18 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 25.90 Cr
- Satisfied Charges ₹ 11.38 Cr
- Revenue Growth -12.21%
- Profit Growth -56.20%
- Ebitda -41.74%
- Net Worth 5.59%
- Total Assets -8.67%
About Grow Ever Steel (India)
Grow Ever Steel (India) Private Limited (GESIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 November 2006 and has a history of 18 years and two months. Its registered office is in Kolkata, West Bengal, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹25.90 Cr. The company has closed loans amounting to ₹11.38 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajat Sarawgi and Kanupriya Sarawgi serve as directors at the Company.
Company Details
-
Location
Kolkata, West Bengal, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media
Corporate Identity Details
-
CIN/LLPIN
U27106WB2006PTC111778
-
Company No.
111778
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
13 Nov 2006
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Grow Ever Steel (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajat Sarawgi
|
Managing Director | 01-May-2009 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kanupriya Sarawgi
|
Director | 01-Nov-2011 | Current |
Financial Performance of Grow Ever Steel (India).
Grow Ever Steel (India) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.21% decrease. The company also saw a substantial fall in profitability, with a 56.2% decrease in profit. The company's net worth moved up by a moderate rise of 5.59%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Grow Ever Steel (India)?
In 2023, Grow Ever Steel (India) 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)
-
Grow Ever Comex Private LimitedRajat Sarawgi and Kanupriya Sarawgi are mutual person
-
Veervani Sales Pvt Ltd
Rajat Sarawgi is a mutual person
-
Geetika Developers Private Limited
Rajat Sarawgi is a mutual person
-
Myriad Promoters Private Limited
Rajat Sarawgi is a mutual person
-
Priyam Infrastructure Private Limited
Rajat Sarawgi is a mutual person
-
Joyeanpur Infrastructure Private Limited
Kanupriya Sarawgi is a mutual person
Charges (Loans)
₹25.90 Cr
₹11.38 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 25.50 Cr
- Others : 0.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2024 | Others | ₹4.00 M | Open |
| 28 Jul 2021 | Hdfc Bank Limited | ₹25.50 Cr | Open |
| 21 Jan 2008 | State Bank Of India | ₹11.38 Cr | Satisfied |
How Many Employees Work at Grow Ever Steel (India)?
Grow Ever Steel (India) has a workforce of 113 employees as of Oct 03, 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 Grow Ever Steel (India), 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 Grow Ever Steel (India)'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.
