Grip Innovations Private Limited
About Grip Innovations Private Limited
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Grip Innovations Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 18 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U31909MH2020PTC346310. Its GSTIN is 27AAICG5422F1ZQ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karishma Kaur Anand (Managing Director) and Ashish Nathmal Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.1 Near Boudha Vihar Geeta Mandir Road Hiwari Nagar, Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.45 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹10,000 (net margin 0.1%) and EBITDA of ₹13,000 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 30% over three years.
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- Registered AddressPlot No.1 Near Boudha Vihar Geeta Mandir Road Hiwari Nagar, Nagpur, Maharashtra, India – 440008
- IndustryConsumer Electronics & Durables, Electronic Appliances 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
- One PDF report, delivered after checkout
Business Activity of Grip Innovations Private Limited
The main business activity of Grip Innovations is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Grip Innovations Private Limited FY 2025 filings available
Grip Innovations Private Limited reported revenue of ₹1.45 Cr (down 80% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Grip Innovations Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 30% over three years, including a 80% fall in the latest year. EBITDA fell 79% 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 Grip Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹13,000 | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10,000 | •••• | •••• | •••• |
| 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 Grip Innovations Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.1% | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• |
| 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 Grip Innovations are in the company report.
Financial statements from FY 2021
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 Grip Innovations Private Limited
Grip Innovations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishma Kaur Anand | Managing Director | 18 Sep 2020 | 6 Years 1 Months | Current |
| Ashish Nathmal Agrawal | Director | 18 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of Grip Innovations Private Limited
Grip Innovations Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Major Electrical Solutions Private Limited | ₹1.46 Cr (FY 2024) | •••• | •••• | 289.0% | •••• | Agra, Uttar Pradesh, India |
| Ajuni Enterprises Private Limited | ₹1.46 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Roopbasant Enterprises Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Delhi, India |
| Genergie Power Control Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | 5580.0% | •••• | Bangalore, Karnataka, India |
| Howell Energy Systems Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Kancheepuram, Tamil Nadu, India |
| Grip Innovations Private Limited this company | ₹1.45 Cr (FY 2024) | •••• | •••• | -80.0% | •••• | Nagpur, Maharashtra, India |
| Further Systems Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bhiwani, Haryana, India |
| PSX Technology Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Thoothukudi, Tamil Nadu, India |
| Meetansh Enterprises Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| Sreyas Electrical Services Private Limited | ₹1.45 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Kochi, Kerala, India |
| Thinkraw India Private Limited | ₹1.45 Cr (FY 2024) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Grip Innovations by revenue in the Consumer Durables industry (Electronic Appliances 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 Grip Innovations Private Limited
Grip Innovations Private Limited is audited by Y S B & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y S B & ASSOCIATES | 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 Grip Innovations 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 Grip Innovations Private Limited
Grip Innovations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grip Innovations Private Limited
Grip Innovations Private Limited has a workforce of 0 employees as of Apr 09, 2024.
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 Grip Innovations Private Limited
Grip Innovations Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Deepa Ashish Agrawal ceased to be Director on 01 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Grip Innovations 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 Grip Innovations 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 Grip Innovations 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 Grip Innovations Private Limited
Grip Innovations has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG5422F1ZQ | Maharashtra | Active | 03 Nov 2020 |
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 Grip Innovations 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 Grip Innovations Private Limited
Grip Innovations is an active private limited company based in Nagpur, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 18 September 2020 (6+ years old) and is registered under CIN U31909MH2020PTC346310.
Grip Innovations reported revenue of ₹1.45 Cr for FY 2024 (down 80% YoY).
Grip Innovations has 2 current directors:
- Karishma Kaur Anand - Managing Director
- Ashish Nathmal Agrawal - Director
Grip Innovations reported a net profit of ₹10,000 (net margin 0.1%) and EBITDA of ₹13,000 (EBITDA margin 0.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grip Innovations is -30% over three years. In the latest year (FY 2024) revenue fell 80%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grip Innovations is 27AAICG5422F1ZQ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Grip Innovations is U31909MH2020PTC346310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Innovations was incorporated on 18 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Grip Innovations by revenue are Major Electrical Solutions Private Limited, Ajuni Enterprises Private Limited, Roopbasant Enterprises Private Limited, Genergie Power Control Private Limited, Howell Energy Systems Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Deepa Ashish Agrawal ceased to be Director on 01 Apr 2023. Ekta Sharma ceased to be Director on 10 Mar 2021. Ashish Nathmal Agrawal was appointed as Director on 18 Sep 2020. Grip Innovations has 4 board changes on record in total.
The registered office of Grip Innovations is at Plot No.1 Near Boudha Vihar Geeta Mandir Road Hiwari Nagar, Nagpur, Maharashtra, India – 440008.