Grv Spintex Private Limited

Manufactures cotton yarn with a range of counts for knitting and weaving.

2013 | Rajkot, Gujarat (India) | Active
Last Updated:

Grv Spintex Profile

Key Indicators

  • Authorised Capital ₹ 32.65 Cr
  • Paid Up Capital ₹ 31.92 Cr
  • Company Age 12 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 188.68 Cr
  • Revenue Growth -35.03%
  • Profit Growth -155.48%
  • Ebitda -111.02%
  • Net Worth -14.04%
  • Total Assets -12.98%

About Grv Spintex

Grv Spintex Private Limited (GSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2013 and has a history of 12 years and two months. Its registered office is in Rajkot, Gujarat, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 32.65 Cr and a paid-up capital of Rs 31.92 Cr.

The company currently has active open charges totaling ₹188.68 Cr.

The Key Managerial Personnel (KMP) at Grv Spintex Private Limited India is Jay Batavia as COMPANY SECRETARY. Hiteshkumar Raiyani, Rajnikant Ghodasara, and Rajeshkumar Patel serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17200GJ2013PTC073609

  • Company No.

    073609

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2013

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Grv Spintex Private Limited offer?

Grv Spintex Private Limited offers a wide range of products and services, including Undergarments & Inner Wear, Men Underwear and Briefs.

Company report

Grv Spintex Private Limited

Explore comprehensive data for Grv Spintex Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grv Spintex?

Executive Team (1)

NameDesignationAppointment DateStatus
Jay Batavia Company Secretary01-Dec-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Hiteshkumar Raiyani Country flag representing In Director 18-Feb-2013Current
Rajnikant Ghodasara Country flag representing In Director 05-Oct-2018Current
Rajeshkumar Patel Country flag representing In Director 18-Feb-2013Current

Financial Performance of Grv Spintex.

Grv Spintex Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.03% decrease. The company also saw a substantial fall in profitability, with a 155.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.04%.

Grv Spintex revenue growth over time
Grv Spintex 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
-35.03%
Revenue from Operations
-34.90%
Total Assets
-12.98%
Profit or Loss
-155.48%
Net Worth
-14.04%
EBITDA
-111.02%

What is the Ownership and Shareholding Structure of Grv Spintex?

In 2023, Grv Spintex had a promoter holding of 42.63% and a public holding of 57.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹188.68 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 188.44 Cr
  • Hdfc Bank Limited : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2023Hdfc Bank Limited₹2.37 MOpen
12 Nov 2013State Bank Of India₹94.22 CrOpen
17 Oct 2013State Bank Of India₹94.22 CrOpen

How Many Employees Work at Grv Spintex?

Grv Spintex has a workforce of 23 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.

Employee growth trends for Grv Spintex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grv Spintex, 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 Grv Spintex'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 Grv Spintex

Recent activity within the organization

  • Annual General Meeting

    Grv Spintex Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Grv Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 100815865 was registered on 20 Nov 2023.

  • Charges

    A charge with State Bank Of India of Rs. 94.22 Cr registered on 12 Nov 2013 with Charge ID 10459444 was modified on 09 Aug 2023.

  • Charges

    A charge with State Bank Of India of Rs. 94.22 Cr registered on 17 Oct 2013 with Charge ID 10459445 was modified on 09 Aug 2023.

  • Director Appointment

    Rajnikant Shivlal Ghodasara was appointed as a Director was appointed as a Director on 05 Oct 2018 & has been associated with this company since 6 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Grv Spintex Private Limited?

    Grv Spintex Private Limited was incorporated on 18 Feb 2013.

  • What is authorized share capital and paid-up capital of Grv Spintex Private Limited?

    The authorized share capital of Grv Spintex Private Limited is ₹ 32.65 Cr and paid-up capital is ₹ 31.92 Cr.

  • Who are the current board members & directors of Grv Spintex Private Limited?

    Currently 4 directors are associated with Grv Spintex Private Limited.

    • Jay Chandreshbhai Batavia
    • Hiteshkumar Kanjibhai Raiyani
    • Rajnikant Shivlal Ghodasara
    • Rajeshkumar Shivlal Patel

  • What is the registered address of Grv Spintex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grv Spintex Private Limited is Shop No. B/1A Ground Floor Elegance Complex 150 Ft. Ring Road, Nr. Bengal Sweets Ind Ira Circle India, Rajkot, Gujarat, 360005.

  • What is the corporate identification number (CIN) and company number of Grv Spintex Private Limited?

    The corporate identification number (CIN) of Grv Spintex Private Limited is U17200GJ2013PTC073609 and the company number is 073609 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grv Spintex Private Limited?

    The Official website of Grv Spintex Private Limited is https://www.grvspintex.com

  • What has been the recent revenue trend for Grv Spintex Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grv Spintex Private Limited has fallen by -35.03%.

  • How many employees does Grv Spintex Private Limited currently have?

    As Per 2023 financial reports, 23 employees are currently employed by Grv Spintex Private Limited.

  • What change has been observed in the net worth of Grv Spintex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grv Spintex Private Limited has experienced an downturn of -14.04%.

  • What are the total open charges for Grv Spintex Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grv Spintex Private Limited amount to ₹ 188.68 Cr.

  • When was the last Balance Sheet of Grv Spintex Private Limited filed with the ROC?

    The most recent Balance Sheet for Grv Spintex Private Limited was filed with the ROC on 31 Mar 2024.

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