Grace Locks Limited - Company Profile

It is a consumer electronics & durables public limited company based in Ut, Chandigarh, India, established in 1994.
1994 Ut, Chandigarh, India Active
Last Updated:
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About Grace Locks Limited

Grace Locks Limited, a active public limited company, was established on 16 May 1994 in Ut, Chandigarh, India. Engaging in furniture manufacturing within the manufacturing sector, it holds CIN: U45202CH1994PLC014569. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.50 M.

It upholds a compliant status. Employing 63 professional, Its leadership includes Reuben Varma (Whole-Time Director), Rajen Mohan Varma (Managing Director), Meenu Varma (Whole-Time Director). Past directors included Reuben Varma, Sunita Dosaj, Meenu Varma. Its latest AGM occurred on 20 August 2025, with the balance sheet filed on 31 March 2025. It is based at 116 Industrial Areaphase 1 Chandigarh, Ut, Chandigarh.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U45202CH1994PLC014569

  • Registration Number

    014569

  • Incorporation Date

    16 May 1994

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹0.50 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 3.26%
  • Profit Growth **** 33.58%
  • Ebitda **** 26.52%
  • Net Worth 23.50%
  • Total Assets **** 29.10%
Company report

Grace Locks Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grace Locks Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Grace Locks Limited?
Current Directors
Name Designation Appointment Date Status
Reuben Varma Whole-Time Director 17 Aug 2018 Current
Rajen Mohan Varma Managing Director 23 Mar 1995 Current
Meenu Varma Whole-Time Director 16 May 1994 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 01 Sep 2018 Past
Pramod Abcsdd Director 17 Aug 2018 Past
Pramod Abcsdd Director 01 Oct 2014 Past

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Financial Performance of Grace Locks.

Grace Locks Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 3.26% increase. The company also saw a substantial improvement in profitability, with a 33.58% increase in profit. The company's net worth Soared by an impressive increase of 23.5%.

Grace Locks revenue growth over time
Grace Locks profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 3.26%
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*******
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Revenue from Operations
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 3.59%
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*******
*******
Total Assets
*******
 29.10%
*******
*******
*******
*******
Profit or Loss
*******
 33.58%
*******
*******
*******
*******
Net Worth
*******
 23.50%
*******
*******
*******
*******
EBITDA
*******
 26.52%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grace Locks?

In 2021, Grace Locks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Grace Locks?

Grace Locks has a workforce of 63 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grace Locks, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grace Locks's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Grace Locks
Recent Activity within the Organization
  • Annual General Meeting

    Grace Locks Limited last Annual general meeting of members was held on 20 Aug 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Grace Locks Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was recorded as a recent event.

  • Director Appointment

    The activity Reuben Varma was appointed as a Whole-time director was appointed as a Whole-time director on 17 Aug 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Director Appointment

    Progress on Rajen Mohan Varma was appointed as a Managing Director was appointed as a Managing Director on 23 Mar 1995 & has been associated with this company since 30 years 10 months . was documented.

  • Director Appointment

    Progress on Meenu Varma was appointed as a Whole-time director was appointed as a Whole-time director on 16 May 1994 & has been associated with this company since 31 years 8 months . was documented.

  • Company Incorporation

    The activity Grace Locks Limited was registered on 16 May 1994 with Roc Chandigarh & aged 31 years 8 months as per MCA records. was completed.

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Frequently Asked Questions
What is the CIN of Grace Locks Limited?

The CIN of Grace Locks Limited is U45202CH1994PLC014569.

Where is Grace Locks Limited headquartered?

Grace Locks Limited is headquartered at 116 Industrial Areaphase 1 Chandigarh, Ut, Chandigarh.

When was Grace Locks Limited incorporated?

Grace Locks Limited was incorporated on 16 May 1994.

Who are the current directors of Grace Locks Limited?

The current directors of Grace Locks Limited are

What is the primary industry of Grace Locks Limited?

The primary industry of Grace Locks Limited is Manufacturing.

Is Grace Locks Limited a listed company?

Grace Locks Limited is unlisted.

What is the capital structure of Grace Locks Limited?

The authorized capital of Grace Locks Limited is ₹1.50 M, and the paid-up capital is ₹0.50 M.

What is the compliance status of Grace Locks Limited?

The compliance status of Grace Locks Limited is Compliant.

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