MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-10-0021041
Grace Refinery Private Limited - chemicals and materials in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.48 Cr
▼ 17% YoY
Net profit · FY 2024
₹9.91 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹82.79 Lakh
EBITDA margin 4.2%
Authorised capital
₹21 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.23 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Grace Refinery Private Limited
Data last updated:
Grace Refinery Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 14 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24304GJ2019PTC107059. Its GSTIN is 24AAHCG7294C1ZL (Gujarat).
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chandramauli Patania and Manishkumar Sanatkumar Patania.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Soap Industry L.S. No: 50/P1/P2 – Khiri Villagfe: Khiri Taluka; Jodia, Jamnagar, Gujarat, India – 361011.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.48 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹9.91 Lakh (net margin 0.5%) and EBITDA of ₹82.79 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years and 144% over five years.
As per MCA filings, the company has open charges of ₹2.23 Cr on record.
Grace Refinery Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0021041). For more details, the company can be reached via its website gracerefinery.com.
Company details
CIN U24304GJ2019PTC107059
Registration Number 107059
Incorporation Date 14 March 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-10-0021041
Recognitions & Rankings of Grace Refinery
Contact details
Grace Refinery Private Limited's registered office is in Jamnagar, Gujarat. Its website is gracerefinery.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSoap Industry L.S. No: 50/P1/P2 – Khiri Villagfe: Khiri Taluka; Jodia, Jamnagar, Gujarat, India – 361011
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Grace Refinery Private Limited, buy the company report.
Comprehensive company report
Grace Refinery Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Grace Refinery is manufacturing. In detail, this covers coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C5 | Coke and refined petroleum products |
To see the full business activity and turnover split of Grace Refinery Private Limited, buy the company report.
Financials of Grace Refinery Private Limited
FY 2025 filings availableGrace Refinery Private Limited reported revenue of ₹19.48 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹19.48 Cr ▼ 17%
Net profit · FY 2024
₹9.91 Lakh margin 0.5%
EBITDA · FY 2024
₹82.79 Lakh margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 123%
5 years · compounded
▲ 144%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 276%
5 years · compounded
▲ 302%
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 144%. EBITDA rose 74% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹82.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.91 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Grace Refinery Private Limited, buy the company report.
Board of directors of Grace Refinery Private Limited
Grace Refinery has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramauli Patania | Director | 24 Dec 2022 | 3 Years 10 Months | Current |
| Manishkumar Sanatkumar Patania Also directs: Aanjaney Oil Chem Private Limited | Director | 14 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Grace Refinery Private Limited is audited by CHETAN AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN AGARWAL & CO | FY 2023 | 120447W |
Shareholding
The shareholding of Grace Refinery Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grace Refinery Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101030553 | Others | ₹1.98 Cr | Open | |
| 12 Mar 2021 | 100433557 | State Bank of India | ₹24.5 Lakh | Open |
To see the full charge records of Grace Refinery Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Grace Refinery Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grace Refinery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grace Refinery has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG7294C1ZL | Gujarat | Active | 24 Mar 2019 |
To see the full GST registrations and return filing status of Grace Refinery Private Limited, buy the company report.
Recent activity
Grace Refinery Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Rajen Jayantilal Shah ceased to be Director on 27 Mar 2024.
AGM
Grace Refinery Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 198.00 Lakh registered on 12 Dec 2024 with Charge ID 101030553 was modified on 22 Aug 2025.
Filing
Grace Refinery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 198.00 Lakh with Charge ID 101030553 was registered on 12 Dec 2024.
Ceased
Rajen Jayantilal Shah ceased to be Director.
Appointed
Chandramauli Patania was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 24.50 Lakh with Charge ID 100433557 was registered on 12 Mar 2021.
Ceased
Chintankumar Pansara ceased to be Director.
Ceased
Dashrathsinh Juvansinh Jadeja ceased to be Director.
Ceased
Naran Arajanbhai Panasara ceased to be Director.
Appointed
Manishkumar Sanatkumar Patania was appointed as Director.
Incorporation
14 Mar 2019
Grace Refinery Private Limited was registered on 14 Mar 2019 with Roc Ahmedabad & aged 7 years 7 months as per MCA records.
Frequently asked questions
Grace Refinery is an active private limited company based in Jamnagar, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 14 March 2019 (7+ years old) and is registered under CIN U24304GJ2019PTC107059.
Grace Refinery has 2 current directors:
- Chandramauli Patania - Director
- Manishkumar Sanatkumar Patania - Director
The latest financial statements of Grace Refinery on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Grace Refinery is 24AAHCG7294C1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Grace Refinery is U24304GJ2019PTC107059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grace Refinery was incorporated on 14 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajen Jayantilal Shah ceased to be Director on 27 Mar 2024. Chandramauli Patania was appointed as Director on 24 Dec 2022. Chintankumar Pansara ceased to be Director on 06 Oct 2020. Grace Refinery has 6 board changes on record in total.
Yes, Grace Refinery is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-10-0021041).
Grace Refinery can be reached through the website gracerefinery.com. Its registered office is in Jamnagar, Gujarat, India.
The registered office of Grace Refinery is at Soap Industry L.S. No: 50P1P2 – Khiri Villagfe: Khiri Taluka; Jodia, Jamnagar, Gujarat, India – 361011.