Grace Spinning Mills Private Limited
About Grace Spinning Mills Private Limited
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Grace Spinning Mills Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17290PB2012PTC036064.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.25 Lakh. It is led by directors Kawaljeet Kalra (Managing Director) and Mohnik Kalra.
Its last annual general meeting (AGM) was held on 12 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 4823/3A Shree Roop Chand Maharaj Street Sunder Nagar, Ludhiana, Punjab, India – 140008.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.37 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2,154 (net margin 1.6%) and EBITDA of ₹2,154 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 224% over three years and 42% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address4823/3A Shree Roop Chand Maharaj Street Sunder Nagar, Ludhiana, Punjab, India – 140008
- IndustryHome & Lifestyle, Textile Retail & Distribution
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business Activity of Grace Spinning Mills Private Limited
The main business activity of Grace Spinning Mills is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grace Spinning Mills Private Limited FY 2020 filings available
Grace Spinning Mills Private Limited reported revenue of ₹1.37 Lakh (up 14% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Grace Spinning Mills Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 14% growth in the latest year. EBITDA rose 110% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Grace Spinning Mills Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.37 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2,154 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,154 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Grace Spinning Mills Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grace Spinning Mills are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Grace Spinning Mills Private Limited
Grace Spinning Mills has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohnik Kalra | Director | 21 Mar 2012 | 14 Years 6 Months | Current |
| Kawaljeet Kalra | Managing Director | 21 Mar 2012 | 14 Years 6 Months | Current |
Peer Comparison of Grace Spinning Mills Private Limited
Grace Spinning Mills Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geosoft Tradecomm Pvt.Ltd. | ₹1.38 Lakh (FY 2025) | •••• | •••• | •••• | Hind Motor, West Bengal, India | |
| Jagannath Vincom Private Limited | ₹1.38 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Fraternity Chemicals Specialities Private Limited | ₹1.38 Lakh (FY 2025) | •••• | •••• | •••• | Mohali, Punjab, India | |
| Tiya Global Trendz Private Limited | ₹1.37 Lakh (FY 2025) | •••• | •••• | -67.0% | •••• | Surat, Gujarat, India |
| Shivalaya Vanijya Private Limited | ₹1.37 Lakh (FY 2016) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Grace Spinning Mills Private Limited this company | ₹1.37 Lakh (FY 2020) | •••• | •••• | 14.0% | •••• | Ludhiana, Punjab, India |
| Raj Polyfilm Private Limited | ₹1.36 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Surat, Gujarat, India |
| Kheria Traders Private Limited | ₹1.36 Lakh (FY 2023) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Arya and Mittal Trade Associates Private Limited | ₹1.36 Lakh (FY 2021) | •••• | •••• | -59.0% | •••• | Coimbatore, Tamil Nadu, India |
| NKS Commercials Private Limited | ₹1.35 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Kolkata, West Bengal, India |
| Fragrance Exports Private Limited | ₹1.35 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Grace Spinning Mills by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grace Spinning Mills Private Limited
Grace Spinning Mills Private Limited is audited by NAVNEET SEHGAL & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAVNEET SEHGAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Grace Spinning Mills Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grace Spinning Mills Private Limited
Grace Spinning Mills Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grace Spinning Mills Private Limited
Employment history and EPFO contributions of people linked to Grace Spinning Mills.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grace Spinning Mills Private Limited
Grace Spinning Mills Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Kawaljeet Kalra was appointed as Managing Director on 21 Mar 2012.
Credit Ratings, Litigation & Regulatory Alerts for Grace Spinning Mills Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grace Spinning Mills Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grace Spinning Mills Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grace Spinning Mills Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grace Spinning Mills Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grace Spinning Mills Private Limited
Grace Spinning Mills is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 March 2012 (14+ years old) and is registered under CIN U17290PB2012PTC036064.
Grace Spinning Mills reported revenue of ₹1.37 Lakh for FY 2020 (up 14% YoY).
Grace Spinning Mills has 2 current directors:
- Kawaljeet Kalra - Managing Director
- Mohnik Kalra - Director
Grace Spinning Mills reported a net profit of ₹2,154 (net margin 1.6%) and EBITDA of ₹2,154 (EBITDA margin 1.6%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grace Spinning Mills is 224% over three years and 42% over five years. In the latest year (FY 2020) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Grace Spinning Mills is U17290PB2012PTC036064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grace Spinning Mills was incorporated on 21 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Grace Spinning Mills by revenue are Geosoft Tradecomm Pvt.Ltd, Jagannath Vincom Private Limited, Fraternity Chemicals Specialities Private Limited, Tiya Global Trendz Private Limited, Shivalaya Vanijya Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Kawaljeet Kalra was appointed as Managing Director on 21 Mar 2012. Mohnik Kalra was appointed as Director on 21 Mar 2012.
The registered office of Grace Spinning Mills is at 48233A Shree Roop Chand Maharaj Street Sunder Nagar, Ludhiana, Punjab, India – 140008.
Grace Spinning Mills has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.25 Lakh.