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
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Grasim Industries Ltd.
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Annual Revenue
$17.29 B (USD)13.45as on Mar 31, 2024
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Net Profit
$432.94 M (USD)-34.12as on Mar 31, 2024
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EBITDA
$4.27 B (USD)6.87as on Mar 31, 2024
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Latest Funding Round
$35.13 M (USD), Debt – Conventional
Jun 22, 1998
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Investors
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Employee Count
47020
as on Mar 31, 2024
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Investments & Acquisitions
Digvijay Cement
& 2 more
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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.
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.
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 Funding
- Total Rounds 1
- Last Round Debt – Conventional — $35.1M
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First Round
First Round
(22 Jun 1998)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 1998 | Amount | Debt – Conventional - Grasim | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of cement for the construction industry
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2005 | ||||
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Grey cement, ready-mix concrete, and white cement are manufactured.
|
1983 | ||||
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Cotton and yarn products are manufactured by Söktaş Group.
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1971 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Grasim
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Grasim Comparisons
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.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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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