Grasim

Ujjain, India Founded: 1947 • Age: 79 yrs
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured.
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About Grasim

Grasim is a company based in Ujjain (India) founded in 1947.. The company has 47,020 employees as of March 31, 2024. Grasim has completed 3 acquisitions, including Digvijay Cement, Söktaş Group and UltraTech Cement. Grasim offers products and services including Cellulosic Fibres and Paints.

  • Headquarter Ujjain, India
  • Employees 47020 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Grasim Industries Ltd.
Operational Areas
Industrial Goods & Manufacturing → Textile & Apparel Manufacturing
Key Metrics
  • Annual Revenue
    $17.29 B (USD)
    13.45
    as on Mar 31, 2024
  • Net Profit
    $432.94 M (USD)
    -34.12
    as on Mar 31, 2024
  • EBITDA
    $4.27 B (USD)
    6.87
    as on Mar 31, 2024
  • Latest Funding Round
    $35.13 M (USD), Debt – Conventional

    Jun 22, 1998

  • Investors
  • Employee Count
    47020

    as on Mar 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Grasim

Grasim is a publicly listed company on the NSE with ticker symbol GRASIM in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: GRASIM . Sector: Non-energy minerals · India

Products & Services of Grasim

Grasim offers a comprehensive portfolio of products and services, including Cellulosic Fibres and Paints. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cellulosic fibres are produced as a leading global product by Grasim.

Paints are manufactured under the brand name Birla Opus by Grasim across various locations in India.

Funding Insights of Grasim

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $35.1M
  • First Round

    (22 Jun 1998)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 1998 Amount Debt – Conventional - Grasim Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Grasim

Grasim has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Digvijay Cement, Söktaş Group and UltraTech Cement. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of cement for the construction industry
2005
Grey cement, ready-mix concrete, and white cement are manufactured.
1983
Cotton and yarn products are manufactured by Söktaş Group.
1971
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Grasim

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Grasim Comparisons

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Competitors of Grasim

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Grasim

Frequently Asked Questions about Grasim

When was Grasim founded?

Grasim was founded in 1947 and raised its 1st funding round 51 years after it was founded.

Where is Grasim located?

Grasim is headquartered in Ujjain, India. It is registered at Ujjain, Madhya Pradesh, India.

Who is the current CEO of Grasim?

Jayant V Dhobley is the current CEO of Grasim.

How many employees does Grasim have?

As of Mar 31, 2024, the latest employee count at Grasim is 47,020.

What is the annual revenue of Grasim?

Annual revenue of Grasim is $17.29B as on Mar 31, 2024.

What does Grasim do?

Grasim was founded in 1947 in Ujjain, India, with operations centered in the textiles and chemicals sectors. Viscose staple fiber, diversified chemicals, linen yarn, and various fabrics are produced as core outputs. Manufacturing processes emphasize synthetic yarn and fabric production, supporting industrial applications. The company maintains a presence in domestic and global markets through its established facilities.

What products or services does Grasim offer?

Grasim offers Cellulosic Fibres and Paints.

Is Grasim publicly traded?

Yes, Grasim is publicly traded on NSE under the ticker symbol GRASIM.

How many acquisitions has Grasim made?

Grasim has made 3 acquisitions, including Digvijay Cement, Söktaş Group, and UltraTech Cement.

What is Grasim's ticker symbol?

The ticker symbol of Grasim is GRASIM on NSE.

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