- Category
- Micro (2023-24)
- Udyam number
- UDYAM-JH-20-0006137

Grassroot Equipment Private Limited
About Grassroot Equipment Private Limited
Data last updated:
Grassroot Equipment Private Limited is a private limited company based in Ranchi, Jharkhand, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U29309JH2017PTC009973. Its GSTIN is 20AAGCG8421N1ZK (Jharkhand).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudhir Kumar Agrawal and Sarita Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.2A Block A Bageshwari Apartmen Arya Puri Ratu Road, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.18 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 1.4%) and EBITDA of ₹2.29 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 2% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Grassroot Equipment Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0006137). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Grassroot Equipment
Contact details
Grassroot Equipment Private Limited's registered office is in Ranchi, Jharkhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.2A Block A Bageshwari Apartmen Arya Puri Ratu Road, Ranchi, Jharkhand, India – 834001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Grassroot Equipment Private Limited, buy the company report.
- 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
Business activity
The main business activity of Grassroot Equipment is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Grassroot Equipment Private Limited, buy the company report.
Financials of Grassroot Equipment Private Limited
FY 2024 filings availableGrassroot Equipment Private Limited reported revenue of ₹1.18 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 26% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.29 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.69 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Grassroot Equipment Private Limited, buy the company report.
Board of directors of Grassroot Equipment Private Limited
Grassroot Equipment has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Agrawal | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Sarita Agrawal | Director | 18 May 2017 | 9 Years 5 Months | Current |
Auditor
Grassroot Equipment Private Limited is audited by TIWARI SINGH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TIWARI SINGH & CO. | FY 2023 | 017608C |
Shareholding
The shareholding of Grassroot Equipment Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grassroot Equipment Private Limited, buy the company report.
Legal cases
Grassroot Equipment Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed against the company by M/S Honda India Power Products Ltd, Represented Thro Its Authorized Signatory Nemely Nirakar Khatua | Pending |
To see the full case history of Grassroot Equipment Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grassroot Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grassroot Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAGCG8421N1ZK | Jharkhand | Active | 10 Nov 2017 |
To see the full GST registrations and return filing status of Grassroot Equipment Private Limited, buy the company report.
Recent activity
Grassroot Equipment Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Sarita Agrawal was appointed as Director on 18 May 2017.
Frequently asked questions
Grassroot Equipment is an active private limited company based in Ranchi, Jharkhand, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U29309JH2017PTC009973.
Grassroot Equipment has 2 current directors:
- Sudhir Kumar Agrawal - Director
- Sarita Agrawal - Director
The latest financial statements of Grassroot Equipment on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Grassroot Equipment is 20AAGCG8421N1ZK, registered in Jharkhand.
The CIN (Corporate Identification Number) of Grassroot Equipment is U29309JH2017PTC009973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grassroot Equipment has 1 court case on record: 1 filed against it. 1 is pending.
Grassroot Equipment was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ranchi.
Sarita Agrawal was appointed as Director on 18 May 2017. Sudhir Kumar Agrawal was appointed as Director on 18 May 2017.
Yes, Grassroot Equipment is registered as a micro enterprise under Udyam registration (number: UDYAM-JH-20-0006137).
The registered office of Grassroot Equipment is at Flat No.2A Block A Bageshwari Apartmen Arya Puri Ratu Road, Ranchi, Jharkhand, India – 834001.