Grip Works Private Limited
About Grip Works Private Limited
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Grip Works Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 19 April 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC359155.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ashish Shravan Kathpal and Vishnu Sadashiv Bangera.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Shop 11 Bldg No R2 Ganesh Krupa Soc Mmrda Nesco Compound Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.7 Lakh. For the same year it recorded a net profit of ₹2.11 Lakh (net margin 3.6%) and EBITDA of ₹2.89 Lakh (EBITDA margin 4.9%).
Company details
Contact details
Grip Works Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop 11 Bldg No R2 Ganesh Krupa Soc Mmrda Nesco Compound Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
To see the full contact details of Grip Works 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 Grip Works is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Grip Works Private Limited, buy the company report.
Financials of Grip Works Private Limited
FY 2022 filings availableGrip Works Private Limited reported revenue of ₹58.7 Lakh for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹58.7 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2.89 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹2.11 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 2021-22 |
|---|---|
| Profitability | |
| EBITDA Margin | 4.9% |
| Net Profit Margin | 3.6% |
| 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 | |
To see the full financial statements and ratios of Grip Works Private Limited, buy the company report.
Board of directors of Grip Works Private Limited
Grip Works has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Shravan Kathpal | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Vishnu Sadashiv Bangera | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
| Preeti Vijay Shetty | Director | 19 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Grip Works Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanodia Electroplast Private Limited | ₹59.23 Lakh (FY 2024) | 14.0% | Delhi, India | |||
| Binary Rentalz Private Limited | ₹59.2 Lakh (FY 2024) | -37.0% | New Delhi, Delhi, India | |||
| Real Value Finance Pvt Ltd | ₹58.9 Lakh (FY 2025) | 31.0% | Ahmedabad, Gujarat, India | |||
| Umapathy & Sons Private Limited | ₹58.73 Lakh (FY 2024) | -24.0% | Chennai, Tamil Nadu, India | |||
| Ismr Logistics Private Limited | ₹58.71 Lakh (FY 2023) | Ghaziabad, Uttar Pradesh, India | ||||
| Grip Works Private Limitedthis company | ₹58.7 Lakh (FY 2022) | ₹2.11 Lakh | 3.6% | Mumbai, Maharashtra, India | ||
| Wheelbros Rental Services Private Limited | ₹58.67 Lakh (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| Panchwati Hirise Private Limited | ₹58.17 Lakh (FY 2024) | 18.0% | Kolkata, West Bengal, India | |||
| Sri Shunmuga Shipping Private Limited | ₹58.16 Lakh (FY 2024) | -30.0% | Tuticorin, Tamil Nadu, India | |||
| Eilam Solutions Private Limited | ₹58.12 Lakh (FY 2025) | 116.0% | Noida, Uttar Pradesh, India | |||
| B S N Joshi and Sons Limited | ₹58.1 Lakh (FY 2022) | -32.0% | Puri, Odisha, India |
To see the full peer comparison of Grip Works Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grip Works Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grip Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grip Works Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
No GST registration is on our record for Grip Works Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grip Works Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Ashish Shravan Kathpal was appointed as Director on 19 Apr 2021.
Frequently asked questions
Grip Works is an active private limited company based in Mumbai, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 19 April 2021 (5+ years old) and is registered under CIN U74999MH2021PTC359155.
Grip Works has 3 current directors:
- Ashish Shravan Kathpal - Director
- Vishnu Sadashiv Bangera - Director
- Preeti Vijay Shetty - Director
The latest financial statements of Grip Works on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Grip Works is U74999MH2021PTC359155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Works was incorporated on 19 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grip Works by revenue are Kanodia Electroplast Private Limited, Binary Rentalz Private Limited, Real Value Finance Pvt Ltd, Umapathy & Sons Private Limited, Ismr Logistics Private Limited and 5 more, all in the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Ashish Shravan Kathpal was appointed as Director on 19 Apr 2021. Preeti Vijay Shetty was appointed as Director on 19 Apr 2021. Vishnu Sadashiv Bangera was appointed as Director on 19 Apr 2021.
The registered office of Grip Works is at Shop 11 Bldg No R2 Ganesh Krupa Soc Mmrda Nesco Compound Goregaon East, Mumbai, Maharashtra, India – 400063.
Grip Works operates in the business services industry, in the miscellaneous business activities segment.
Grip Works can be reached at its registered office: Shop 11 Bldg No R2 Ganesh Krupa Soc Mmrda Nesco Compound Goregaon East, Mumbai, Maharashtra, India – 400063.
Grip Works is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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