About GCP Applied Technologies (India) Private Limited
Data last updated:
GCP Applied Technologies (India) Private Limited is a private limited company based in Gurgaon, Haryana, India, a subsidiary of Gcp (Uk) Holdings Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 28 July 1995.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909HR1995PTC068948. Its GSTIN is 06AAACW3693G2Z6 (Haryana). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹14.44 Cr. It was formerly known as W R Grace and Co (India) Private Limited. It is led by directors including Sanjay Kumar Basu (Whole-Time Director) and Pranav Jayantilal Damania (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Unit No. 208 Second Floor Time Tower Mg Road, Gurgaon, Haryana, India – 122002.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.58 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹3.45 Cr (net margin -16.7%) and EBITDA of -₹2.38 Cr (EBITDA margin -11.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 22% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: GCP Applied Technologies. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.2 Cr; the latest was in November 2022. Its 4 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Radhakrishna Iron Udyog Private Limited with revenue of ₹20.66 Cr.
The last known website on record is gcpat.com.
Company details
CIN history
GCP Applied Technologies (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909HR1995PTC068948, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909HR1995PTC068948 | Current |
| U51909KA1995PTC018403 | Previous |
| U51909PN1995PTC144874 | Previous |
Contact details
GCP Applied Technologies (India) Private Limited's registered office is in Gurgaon, Haryana. Its website is gcpat.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 208 Second Floor Time Tower Mg Road, Gurgaon, Haryana, India – 122002
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of GCP Applied Technologies (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
GCP Applied Technologies (India) operates one associated brand: GCP Applied Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cement, concrete, flooring, and related products are manufactured. | gcpat.com |
Business activity
The main business activity of GCP Applied Technologies (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of GCP Applied Technologies (India) Private Limited, buy the company report.
Financials of GCP Applied Technologies (India) Private Limited
FY 2022 filings availableGCP Applied Technologies (India) Private Limited reported revenue of ₹20.58 Cr (down 4% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 4% fall in the latest year. EBITDA fell 207% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20.58 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.45 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -16.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of GCP Applied Technologies (India) Private Limited, buy the company report.
Board of directors of GCP Applied Technologies (India) Private Limited
GCP Applied Technologies (India) has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Jayantilal Damania Also directs: Veeam Software Private Limited | Irp/Rp/Liquidator | 23 May 2023 | 3 Years 5 Months | As last reported |
| Sanjay Kumar Basu Also directs: SWC Engineering Services Private Limited | Whole-Time Director | 21 Aug 2018 | 8 Years 2 Months | As last reported |
| Rajiv Prakash Upadhyay | Additional Director | 01 Feb 2023 | 3 Years 9 Months | As last reported |
Peer comparison
GCP Applied Technologies (India) Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhakrishna Iron Udyog Private Limited | ₹20.66 Cr (FY 2025) | 163.0% | Araria, Bihar, India | |||
| GCP Applied Technologies (India) Private Limitedthis company | ₹20.58 Cr (FY 2022) | -₹3.45 Cr | -16.7% | -4.0% | 1 | Gurgaon, Haryana, India |
| Regent Bathz Private Limited | ₹20.57 Cr (FY 2025) | -6.0% | Delhi, India | |||
| Bhagwati Iron Centre Private Limited | ₹20.57 Cr (FY 2025) | 65.0% | Kolkata, West Bengal, India | |||
| Pawan Tradecorp Private Limited | ₹20.55 Cr (FY 2024) | 23.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of GCP Applied Technologies (India) Private Limited, buy the company report.
Auditor
GCP Applied Technologies (India) Private Limited is audited by Price Water house & Co Bangalore LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Water house & Co Bangalore LLP | FY 2022 | 007567S |
Shareholding
The shareholding of GCP Applied Technologies (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GCP Applied Technologies (India) Private Limited, buy the company report.
Deals & funding
GCP Applied Technologies (India) Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.2 Cr; the latest was in November 2022.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹9.84 Cr | Investors: GCP (UK) Holdings Limited |
| Jun 2019 | Funding round | ₹54.21 Cr | Investors: GCP (UK) Holdings Limited |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: GCP (UK) Holdings Limited Seller: W R Grace and Co. Connecticut USA |
| Nov 2012 | Funding round | ₹28.15 Cr | Investors: W R Grace and Co. Connecticut USA |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GCP Applied Technologies (India) Private Limited has 6 court cases on record: 4 filed by GCP Applied Technologies (India), 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 3 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by A. A. Nayak Constructions Pvt. Ltd. and Anr and 1 other | Disposed |
| High Court, MAHARASHTRA | Criminal complaint | Filed by the company against A. A. Nayak Constructions Pvt. Ltd. and Anr and 1 other | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by The Commissioner of Customs | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of GCP Applied Technologies (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GCP Applied Technologies (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GCP Applied Technologies (India) Private Limited has a workforce of 1 employees on its EPFO records as of Jun 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 1 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of GCP Applied Technologies (India) Private Limited, buy the company report.
GST
GCP Applied Technologies (India) has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACW3693G2Z6 | Haryana | Active | 01 Mar 2019 |
| 27AAACW3693G2Z2 | Maharashtra | Active | 16 Feb 2019 |
To see the full GST registrations and return filing status of GCP Applied Technologies (India) Private Limited, buy the company report.
Recent activity
GCP Applied Technologies (India) Private Limited has 18 board changes on record since 2009: 3 appointments and 15 cessations. The latest: Pranav Jayantilal Damania was appointed as Irp/Rp/Liquidator on 23 May 2023.
9 earlier events are in the company report.
News
Frequently asked questions
GCP Applied Technologies (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
GCP Applied Technologies (India) is a company under liquidation, formerly operating as a private limited company based in Gurgaon, Haryana, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 28 July 1995 and is registered under CIN U51909HR1995PTC068948. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
GCP Applied Technologies (India) has 3 current directors:
- Sanjay Kumar Basu - Whole-Time Director
- Rajiv Prakash Upadhyay - Additional Director
- Pranav Jayantilal Damania - Irp/Rp/Liquidator
The latest financial statements of GCP Applied Technologies (India) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of GCP Applied Technologies (India) is U51909HR1995PTC068948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GCP Applied Technologies (India) has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
GCP Applied Technologies (India) was incorporated on 28 July 1995. It is registered with the Registrar of Companies, Delhi.
GCP Applied Technologies (India) has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹92.2 Cr; the latest was in November 2022.
The peers of GCP Applied Technologies (India) by revenue are Radhakrishna Iron Udyog Private Limited, Regent Bathz Private Limited, Bhagwati Iron Centre Private Limited, Pawan Tradecorp Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Pranav Jayantilal Damania was appointed as Irp/Rp/Liquidator on 23 May 2023. Rajiv Prakash Upadhyay was appointed as Additional Director on 01 Feb 2023. Upkar Ricky Singh Tatla ceased to be Additional Director on 30 Sep 2020. GCP Applied Technologies (India) has 18 board changes on record in total.
GCP Applied Technologies (India) can be reached through the website gcpat.com. Its registered office is in Gurgaon, Haryana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
