About Grasp Electric
Grasp Electric is an Industrial Goods & Manufacturing company based in India. Manufacturing of thermoplastic and polycarbonate enclosures for solar, electrical, and automation industries. The company has 36 employees. Its Indian entity Grasp Electric Private Limited reported revenue of ₹20.66 Cr. Grasp Electric offers products and services including Inbuilt Hinged Enclosures and Plain Wall Industrial Enclosures. Its focus areas include Manufacturing, Industrial Supplies, Enclosure Manufacturing and Thermoplastic Enclosures.
Company details
Over the past two decades, Grasp Electric has been recognized as one of Indias leading manufacturers of thermoplastic and polycarbonate enclosures, with a wide range offered to meet industry demands. Products are provided for sectors including solar, electrical, electronics, automation, and chemical, where creative solutions are delivered through innovative designs. Continuous development is undertaken by an in-house research and design team to address evolving customer requirements. The company is based in New Delhi, focusing on quality enclosures for various applications, ensuring reliability in industrial uses.
- Headquarters India
- Employees 36
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website graspelectric.com
- Legal Name Grasp Electric Private Limited
- Date of Incorporation 09 Sep, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹20.66 Cr
FY 2025 · +16% YoY
- Net Profit₹31.5 Lakh
FY 2025 · 2% margin
- EBITDA₹55 Lakh
FY 2025 · 3% margin
- Employee Count36
Associated legal entities of Grasp Electric
Grasp Electric operates through Grasp Electric Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grasp Electric Private Limited CIN U25209DL2016PTC305695 | Active | 09 Sep 2016 | New Delhi, Delhi | ₹20.7 Cr | 36 | 4 | View details |
Products & Services of Grasp Electric
Grasp Electric offers a comprehensive portfolio of products and services, including Inbuilt Hinged Enclosures and Plain Wall Industrial Enclosures.
These enclosures are designed for housing electrical components and are utilized in various industrial applications.
These enclosures are provided for mounting on walls in industrial settings, catering to needs in electrical and automation sectors.
Board of directors of Grasp Electric Private Limited (Grasp Electric)
Grasp Electric Private Limited is the primary company behind Grasp Electric. The board of Grasp Electric Private Limited currently have 4 directors; the longest-serving is Rajinder Mendiratta, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajinder Mendiratta DIN 02882924 | Director | 09 Sep 2016 | 10 yrs 1 mo | Grasp Electric Private Limited |
| Rahul Mendiratta DIN 07575073 | Director | 09 Sep 2016 | 10 yrs 1 mo | Grasp Electric Private Limited |
| Raghav Mendiratta DIN 08437635 | Director | 30 Mar 2019 | 7 yrs 7 mo | Grasp Electric Private Limited |
| Seema Mendiratta DIN 02881678 | Director | 01 Apr 2019 | 7 yrs 7 mo | Grasp Electric Private Limited |
Financials of Grasp Electric
Figures of Grasp Electric Private Limited, the primary company behind Grasp Electric, for FY 2025. Revenue was ₹20.66 Cr (+16% year on year). Net profit was ₹31.5 Lakh (2% margin). EBITDA was ₹55 Lakh (3% margin). Revenue has grown at a compounded annual rate of +19% over three years and +21% over five years.
- ₹20.66 CrRevenue · FY 2025 · +16% YoY
- ₹31.5 LakhNet profit · 2% margin
- ₹55 LakhEBITDA · 3% margin
- ₹1 LakhPaid-up capital
- 36Employees (provident fund records)
- +19%Revenue CAGR, 3 years
- +21%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grasp Electric Private Limited are on its company page.
Detailed financial statements for Grasp Electric
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Packaging Equipment & Systems
3 companies that operate in the same segment as Grasp Electric (Packaging Equipment & Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Packaging materials and supply-chain services are offered online to businesses. | 2005 | Gurugram, Haryana, India | USD 5.05 M | USD 10.95 M | 131 | |
Biodegradable packaging materials are manufactured from crop stubble waste. | 2020 | Delhi, Delhi, India | USD 3.45 M | USD 45.41 K | 55 | |
Provider of seaweed-derived alternatives to plastics for films, coatings, and paper | 2020 | Pune, Maharashtra, India | USD 4.9 M | USD 66.27 K |
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Frequently Asked Questions about Grasp Electric
Grasp Electric is headquartered in India.
Grasp Electric has 36 employees.
The primary company behind Grasp Electric, Grasp Electric Private Limited, reported revenue of ₹20.66 Cr for FY 2025, up 16% year on year.
Over the past two decades, Grasp Electric has been recognized as one of Indias leading manufacturers of thermoplastic and polycarbonate enclosures, with a wide range offered to meet industry demands. Products are provided for sectors including solar, electrical, electronics, automation, and chemical, where creative solutions are delivered through innovative designs. Continuous development is undertaken by an in-house research and design team to address evolving customer requirements. The company is based in New Delhi, focusing on quality enclosures for various applications, ensuring reliability in industrial uses.
Grasp Electric offers Inbuilt Hinged Enclosures and Plain Wall Industrial Enclosures.
Grasp Electric operates through Grasp Electric Private Limited.
The legal entities of Grasp Electric currently have 4 directors, including Rajinder Mendiratta, Rahul Mendiratta, Raghav Mendiratta and others.