About GRM Rice
GRM Rice is a company based in Delhi (India) founded in 1972 by Hukam Chand Garg. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 507 employees as of March 31, 2024. GRM Rice offers products and services including Basmati Rice, Spices, Classic Atta, and Biryani Kit. GRM Rice operates in a competitive market with competitors including Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others.
- Headquarter Delhi, India
- Employees 507 as on 31 Mar, 2024
- Founders Hukam Chand Garg
- Stage Public
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Sectors
Consumer
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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 Grm Overseas Ltd.
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Annual Revenue
$157.78 M (USD)2.72as on Mar 31, 2025
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Net Profit
$7.09 M (USD)1.36as on Mar 31, 2025
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EBITDA
$9.54 M (USD)10.3as on Mar 31, 2025
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Latest Funding Round
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Investors
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Employee Count
507
as on Mar 31, 2024
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IPO & Listings of GRM Rice
GRM Rice is a publicly listed company on the NSE with ticker symbol GRMOVER in India, operating in the Process industries 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 GRM Rice
GRM Rice offers a comprehensive portfolio of products and services, including Basmati Rice, Spices, Classic Atta, and Biryani Kit. 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.
Premium basmati rice is offered for global markets.
Authentic spices are provided for traditional Indian flavors.
Pure wheat atta is produced for Indian households.
Convenient biryani kits are made for easy cooking.
Funding Insights of GRM Rice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 GRM Rice
| 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 |
Financial Statements - GRM Rice
| 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 |
Grm Rice Comparisons
Competitors of GRM Rice
GRM Rice operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Daawat, Kohinoor Foods, Radikal, Sarveshwar and Bush Foods Overseas, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Basmati rice is manufactured and distributed worldwide by Daawat.
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| domain | founded_year | HQ Location |
Basmati rice, ready-to-eat meals, and frozen foods are manufactured.
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| domain | founded_year | HQ Location |
Processed Basmati rice products are manufactured in Delhi.
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| domain | founded_year | HQ Location |
Various Basmati rice types are provided to customers.
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| domain | founded_year | HQ Location |
Rice producer and seller
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| domain | founded_year | HQ Location |
Manufactures and supplies premium rice varieties with modern technology in Telangana region.
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| 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 Grm Rice
Frequently Asked Questions about GRM Rice
When was GRM Rice founded?
GRM Rice was founded in 1972.
Where is GRM Rice located?
GRM Rice is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
How many employees does GRM Rice have?
As of Mar 31, 2024, the latest employee count at GRM Rice is 507.
What is the annual revenue of GRM Rice?
Annual revenue of GRM Rice is $157.78M as on Mar 31, 2025.
What does GRM Rice do?
GRM Rice, established in 1978, is involved in the production and distribution of premium basmati rice and other food products like spices, atta, and biryani kits. The company serves both international and domestic markets, exporting to 38 countries and catering to Indian consumers through its 10X brand. Operations are focused on quality and innovation, with products sourced and curated for diverse culinary needs. The company is committed to delivering authentic and traditional food staples across various sectors of the food industry.
Who are the top competitors of GRM Rice?
GRM Rice's top competitors include Daawat, Kohinoor Foods and Sarveshwar.
What products or services does GRM Rice offer?
GRM Rice offers Basmati Rice, Spices, Classic Atta, and Biryani Kit.
Is GRM Rice publicly traded?
Yes, GRM Rice is publicly traded on NSE under the ticker symbol GRMOVER.
What is GRM Rice's ticker symbol?
The ticker symbol of GRM Rice is GRMOVER on NSE.