Grey Stone Trading Private Limited
About Grey Stone Trading Private Limited
Data last updated:
Grey Stone Trading Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Garront Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 19 April 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2005PTC135076. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Zepter International India Private Limited. and Salute Trading Private Limited. It was led by directors including Igor Turuk (Managing Director) and Nedzad Sokoljak.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C – 83 Neeti Baghaugust Kranti Marg], New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.31 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹27.25 Lakh (net margin -20.8%) and EBITDA of -₹19.06 Lakh (EBITDA margin -14.6%).
Court records list 3 cases involving the company, including 3 filed against it.
Company details
Name history
Grey Stone Trading has undergone 2 name changes throughout its history. The company was previously known as Zepter International India Private Limited., and Salute Trading Private Limited. The current legal name is Grey Stone Trading Private Limited.
| Company Name | Status |
|---|---|
| Grey Stone Trading Private Limited | Current |
| Zepter International India Private Limited. | Previous |
| Salute Trading Private Limited | Previous |
Contact details
Grey Stone Trading Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 83 Neeti Baghaugust Kranti Marg], New Delhi, Delhi, India – 110049
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Grey Stone Trading 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 Grey Stone Trading is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Grey Stone Trading Private Limited, buy the company report.
Financials of Grey Stone Trading Private Limited
FY 2018 filings availableGrey Stone Trading Private Limited reported revenue of ₹1.31 Cr (up 66% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 66% in the latest year. EBITDA rose 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.31 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹19.06 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹27.25 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -14.6% |
| Net Profit Margin | -20.8% |
| 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 Grey Stone Trading Private Limited, buy the company report.
Board of directors of Grey Stone Trading Private Limited
Grey Stone Trading has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Igor Turuk | Managing Director | 09 Jun 2010 | 16 Years 4 Months | As last reported |
| Nedzad Sokoljak | Director | 19 Apr 2005 | 21 Years 6 Months | As last reported |
| Vibor Mulic | Director | 19 Apr 2005 | 21 Years 6 Months | As last reported |
Peer comparison
Grey Stone Trading Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cabochon Creations Private Limited | ₹1.32 Cr (FY 2024) | -84.0% | Mumbai, Maharashtra, India | |||
| Grey Stone Trading Private Limitedthis company | ₹1.31 Cr (FY 2015) | -₹27.25 Lakh | -20.8% | 66.0% | New Delhi, Delhi, India | |
| Gurukul Impex Private Limited | ₹1.31 Cr (FY 2020) | -90.0% | Surat, Gujarat, India | |||
| RLC Multitrade Private Limited | ₹1.29 Cr (FY 2024) | 699.0% | New Delhi, Delhi, India | |||
| Yashika Jewels Private Limited | ₹1.28 Cr (FY 2025) | -80.0% | Surat, Gujarat, India |
To see the full peer comparison of Grey Stone Trading Private Limited, buy the company report.
Auditor
Grey Stone Trading Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DURGA KRISHNAMURTHY & CO | FY 2015 | 008653S |
Shareholding
The shareholding of Grey Stone Trading Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grey Stone Trading Private Limited, buy the company report.
Legal cases
Grey Stone Trading Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Court case (C.Appln.) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by an individual | Disposed |
To see the full case history of Grey Stone Trading 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 Grey Stone Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grey Stone Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Grey Stone Trading Private Limited, buy the company report.
Recent activity
Grey Stone Trading Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Igor Turuk was appointed as Managing Director on 09 Jun 2010.
Frequently asked questions
Grey Stone Trading has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Grey Stone Trading was a private limited company based in New Delhi, Delhi, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 19 April 2005 and is registered under CIN U74999DL2005PTC135076. The company has been struck off by the Registrar of Companies and is no longer operational.
Grey Stone Trading had 3 directors:
- Igor Turuk - Managing Director
- Nedzad Sokoljak - Director
- Vibor Mulic - Director
The CIN (Corporate Identification Number) of Grey Stone Trading is U74999DL2005PTC135076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Grey Stone Trading is at C – 83 Neeti Baghaugust Kranti Marg, New Delhi, Delhi, India – 110049.
Grey Stone Trading was incorporated on 19 April 2005. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Grey Stone Trading on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Grey Stone Trading has 1 GST registration on record and it is cancelled or inactive.
Grey Stone Trading operated in the consumer goods industry, in the jewelry and gemstone retail and distribution segment. It worked in this industry before it was struck off.
The peers of Grey Stone Trading by revenue are Cabochon Creations Private Limited, Gurukul Impex Private Limited, RLC Multitrade Private Limited, Yashika Jewels Private Limited, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution, Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).
Grey Stone Trading has 3 court cases on record: 3 filed against it. Most are in the district courts.
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