About Grip Strapping Technologies
Grip Strapping Technologies is an Industrial Goods & Manufacturing company based in Hyderabad (India) founded in 2004. Packaging solutions including strapping, machines, cranes, and lubricants for industrial use. The company has 545 employees. Its Indian entity Grip Strapping Technologies Private Limited reported revenue of ₹261 Cr. Grip Strapping Technologies offers products and services including Steel Strapping and Cranes. Its focus areas include Manufacturing, Industrial Equipment, Cranes and Hoists and Material Handling.
Company details
Grip Strapping Technologies is identified as a key player in the steel strapping industry, where high-quality packaging solutions and services are delivered to meet industry demands. A commitment to excellence and innovation is demonstrated through offerings that include strapping seals, packaging machines, cranes, and lubricants, serving sectors like iron, steel, and automotive. Global recognition is achieved via a robust distribution network and certifications such as ISO 9001:2015, with a vision focused on sustainability and market leadership by 2030. The companys values of innovation and customer satisfaction are upheld through reliable practices and extensive support.
- Headquarters Hyderabad, India
- Employees 545
- SectorsIndustrial Goods & Manufacturing
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- Legal Name Grip Strapping Technologies Private Limited
- Date of Incorporation 29 Aug, 2005
- Jurisdiction Medchal, Telangana, India
- Annual Revenue₹261 Cr
FY 2022 · +49% YoY
- Net Profit₹3.02 Cr
FY 2022 · 1% margin
- EBITDA₹10.45 Cr
FY 2022 · 4% margin
- Employee Count545
Associated legal entities of Grip Strapping Technologies
Grip Strapping Technologies operates through Grip Strapping Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Grip Strapping Technologies Private Limited CIN U27109TG2005PTC047278 | Active | 29 Aug 2005 | Medchal, Telangana | ₹261 Cr | 545 | 3 | View details |
Products & Services of Grip Strapping Technologies
Grip Strapping Technologies offers a comprehensive portfolio of products and services, including Steel Strapping and Cranes.
Strapping materials are used for securing loads in various industrial applications
Lifting and material handling equipment is supplied for operational efficiency in manufacturing settings
Board of directors of Grip Strapping Technologies Private Limited (Grip Strapping Technologies)
Grip Strapping Technologies Private Limited is the primary company behind Grip Strapping Technologies. The board of Grip Strapping Technologies Private Limited currently have 3 directors; the longest-serving is Hemant Lajpal, appointed in 2005. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemant Lajpal DIN 01601740 | Director | 29 Aug 2005 | 21 yrs 1 mo | Grip Strapping Technologies Private Limited |
| Ananthapadmanaban Narasimman DIN 01601771 | Managing Director | 29 Aug 2005 | 21 yrs 1 mo | Grip Strapping Technologies Private Limited |
| Muthu Mani DIN 01601879 | Director | 29 Aug 2005 | 21 yrs 1 mo | Grip Strapping Technologies Private Limited |
Financials of Grip Strapping Technologies
Figures of Grip Strapping Technologies Private Limited, the primary company behind Grip Strapping Technologies, for FY 2022. Revenue was ₹261 Cr (+49% year on year). Net profit was ₹3.02 Cr (1% margin). EBITDA was ₹10.45 Cr (4% margin). Revenue has grown at a compounded annual rate of +14% over three years and +19% over five years.
- ₹261 CrRevenue · FY 2022 · +49% YoY
- ₹3.02 CrNet profit · 1% margin
- ₹10.45 CrEBITDA · 4% margin
- ₹9.27 CrPaid-up capital
- 545Employees (provident fund records)
- +14%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grip Strapping Technologies Private Limited are on its company page.
Detailed financial statements for Grip Strapping Technologies
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Frequently Asked Questions about Grip Strapping Technologies
Grip Strapping Technologies was founded in 2004.
Grip Strapping Technologies is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Grip Strapping Technologies has 545 employees.
The primary company behind Grip Strapping Technologies, Grip Strapping Technologies Private Limited, reported revenue of ₹261 Cr for FY 2022, up 49% year on year.
Grip Strapping Technologies is identified as a key player in the steel strapping industry, where high-quality packaging solutions and services are delivered to meet industry demands. A commitment to excellence and innovation is demonstrated through offerings that include strapping seals, packaging machines, cranes, and lubricants, serving sectors like iron, steel, and automotive. Global recognition is achieved via a robust distribution network and certifications such as ISO 9001:2015, with a vision focused on sustainability and market leadership by 2030. The companys values of innovation and customer satisfaction are upheld through reliable practices and extensive support.
Grip Strapping Technologies offers Steel Strapping and Cranes.
Grip Strapping Technologies operates through Grip Strapping Technologies Private Limited.
The legal entities of Grip Strapping Technologies currently have 3 directors, including Hemant Lajpal, Ananthapadmanaban Narasimman, Muthu Mani.