Grails Marketing Private Limited

Grails Marketing Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U18109KA2022PTC165258 Incorporated 24 August 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup MSME
Data last updated
Revenue · FY 2025
₹31.72 Cr
▲ 303% YoY
Net loss · FY 2025
₹4.39 Cr
Net margin -13.8%
EBITDA · FY 2025
-₹3.93 Cr
EBITDA margin -12.4%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹93.38 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Grails Marketing Private Limited

Data last updated:

Grails Marketing Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online footwear retail segment of the e-commerce sector. It was incorporated on 24 August 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2022PTC165258. Its GSTIN is 29AAJCG9973E1ZZ (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹93.38 Lakh. It is led by directors Utkarsh Gupta and Dishant Daryani.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹31.72 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.39 Cr (net margin -13.8%) and EBITDA of -₹3.93 Cr (EBITDA margin -12.4%).

The company has about 10 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Comet. The company has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹154.67 Cr; the latest was in September 2026.

Grails Marketing Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0273707). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18109KA2022PTC165258
Registration Number 165258
Incorporation Date 24 August 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0273707
Key People
Utkarsh Gupta Director Dishant Daryani Director

Recognitions & Rankings of Grails Marketing

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0273707

Contact details

Grails Marketing Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    57 60 Feet Rd, Khb Colony, Bangalore, Karnataka, India – 560095
  • Industry
    E-Commerce, Online Footwear Retail

To see the full contact details of Grails Marketing Private Limited, buy the company report.

Comprehensive company report
Grails Marketing 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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Brands

Grails Marketing operates one associated brand: Comet. Each brand links to its own profile.

BrandDescriptionWebsite
Comet
Unisex lifestyle sneakers are designed and sold online by Comet.wearcomet.com

Business activity

The main business activity of Grails Marketing is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Grails Marketing Private Limited, buy the company report.

Financials of Grails Marketing Private Limited

FY 2025 filings available

Grails Marketing Private Limited reported revenue of ₹31.72 Cr (up 303% YoY) for FY 2025.

Revenue · FY 2025
₹31.72 Cr ▲ 303%
Net loss · FY 2025
₹4.39 Cr margin -13.8%
EBITDA · FY 2025
-₹3.93 Cr margin -12.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 303%
EBITDA CAGR growth
1 year
▼ 102%

Revenue rose 303% in the latest year. EBITDA fell 102% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.93 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.39 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

MetricsFY 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin-12.4%
Net Profit Margin-13.8%
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 Grails Marketing Private Limited, buy the company report.

Board of directors of Grails Marketing Private Limited

Grails Marketing has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Utkarsh Gupta
Also directs: NXG Innovation Labs LLP
Director24 Aug 20224 Years 2 MonthsCurrent
Dishant DaryaniDirector24 Aug 20224 Years 2 MonthsCurrent
View all directors

Auditor

Grails Marketing Private Limited is audited by SAPTHAGIRI & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SAPTHAGIRI & COFY 2023018763S

Shareholding

The shareholding of Grails Marketing Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Grails Marketing Private Limited, buy the company report.

Deals & funding

Grails Marketing Private Limited has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹154.67 Cr; the latest was in September 2026.

Total deals
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹154.67 Cr

Deals on record (4 of 4)

WhenDealAmountParties
Sep 2026Funding round · Series B₹100 CrInvestors: Nexus Venture Partners, Verlinvest, Elevation Capital (SAIF Partners)
May 2024Funding round · Series A₹42.3 CrInvestors: Elevation Capital (SAIF Partners), Nexus Venture Partners, Angel List
Feb 2023Funding round · Seed₹12.37 CrInvestors: Nexus Venture Partners, Angel List
Sep 2022Rights issue₹10 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Grails Marketing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Grails Marketing Private Limited has a workforce of 10 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1
Employee growth
400%

GST

Grails Marketing has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAJCG9973E1ZZKarnatakaActive22 Sep 2022
27AAJCG9973E1Z3MaharashtraActive08 Jan 2024

To see the full GST registrations and return filing status of Grails Marketing Private Limited, buy the company report.

Recent activity

Grails Marketing Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Dishant Daryani was appointed as Director on 24 Aug 2022.

AGM
Grails Marketing Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Grails Marketing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Dishant Daryani was appointed as Director.
Appointed
Utkarsh Gupta was appointed as Director.
Incorporation
24 Aug 2022
Grails Marketing Private Limited was registered on 24 Aug 2022 with Roc Bangalore & aged 4 years 2 months as per MCA records.

News

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Frequently asked questions

Grails Marketing is an active private limited company based in Bangalore, Karnataka, India. The company works in online footwear retail, within the e-commerce industry. It was incorporated on 24 August 2022 (4+ years old) and is registered under CIN U18109KA2022PTC165258.

Grails Marketing has 2 current directors:

The latest financial statements of Grails Marketing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Grails Marketing is 29AAJCG9973E1ZZ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAJCG9973E1Z3 (Maharashtra).

The CIN (Corporate Identification Number) of Grails Marketing is U18109KA2022PTC165258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grails Marketing was incorporated on 24 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

Grails Marketing has 4 deals on record (3 funding rounds, 1 rights issue), with disclosed funding of ₹154.67 Cr; the latest was in September 2026.

Dishant Daryani was appointed as Director on 24 Aug 2022. Utkarsh Gupta was appointed as Director on 24 Aug 2022.

Yes, Grails Marketing is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Grails Marketing is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0273707).