Grand Prix Engineering Private Limited, a active private limited company, was established on 03 April 1989 in New Delhi, Delhi, India. Engaging in heavy engineering & manufacturing within the manufacturing sector, it holds CIN: U27310DL1989PTC220107. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.16 Cr.
Formerly known as Ag Steels Private Limited, Grand Prix Fab Pvt Ltd. It upholds a compliant status. Employing 344 professional, Its leadership includes Harbir Singh Banga (Director), Amitbir Singh Banga (Director). Past directors included Chander Bhalla, Shobha Bhalla, Harbir Singh Banga. It holds ₹75.00 Cr open charges and ₹78.65 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C-51, First Floor, Block C, New Delhi, Delhi, 110049.
U27310DL1989PTC220107
220107
03 April 1989
₹2.00 Cr
₹1.16 Cr
Roc Delhi
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harbir Singh Banga | Director | 29 Nov 2023 | Current |
| Amitbir Singh Banga | Director | 16 Jan 2023 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 01 Dec 2023 | Past |
| Pramod Abcsdd | Director | 01 Dec 2023 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2024 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2011 | Past |
| Pramod Abcsdd | Additional Director | 30 Sep 2022 | Past |
| Pramod Abcsdd | Additional Director | 29 Sep 2023 | Past |
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Grand Prix Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.36% increase. The company also saw a substantial improvement in profitability, with a 379.21% increase in profit. The company's net worth moved up by a moderate rise of 1.96%.
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In 2023, Grand Prix Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹750,000,000.00
₹786,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2024 | Others | ₹7.00 Cr | Open |
| 04 Mar 2024 | Yes Bank Limited | ₹35.00 Cr | Open |
| 10 Jul 2019 | Others | ₹33.00 Cr | Open |
| 28 Nov 2019 | Citi Bank N.A. | ₹15.00 Cr | Satisfied |
| 26 May 2017 | Others | ₹30.00 Cr | Satisfied |
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Grand Prix Engineering has a workforce of 344 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.
Gain comprehensive insights into the Deals and Valuation data of Grand Prix Engineering, 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 Grand Prix Engineering's trajectory.
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Progress on A charge with Yes Bank Limited of Rs. 35.00 Cr registered on 04 Mar 2024 with Charge ID 100882548 was modified on 02 May 2025. was documented.
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101021758 was registered on 07 Dec 2024. was recorded as a recent event.
Progress on A charge with Others of Rs. 33.00 Cr registered on 10 Jul 2019 with Charge ID 100275886 was modified on 07 Dec 2024. was documented.
Progress on A charge registered on 28 Nov 2019 via Charge ID 100312692 with Citi Bank N.A. was fully satisfied on 01 Oct 2024. was documented.
The activity Grand Prix Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.
Progress on Grand Prix Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi. was documented.
The CIN of Grand Prix Engineering Private Limited is U27310DL1989PTC220107.
Grand Prix Engineering Private Limited is headquartered at C-51, First Floor, Block C, New Delhi, Delhi, 110049.
Grand Prix Engineering Private Limited was incorporated on 03 April 1989.
The current directors of Grand Prix Engineering Private Limited are
The primary industry of Grand Prix Engineering Private Limited is Manufacturing.
Grand Prix Engineering Private Limited is unlisted.
The authorized capital of Grand Prix Engineering Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.16 Cr.
The compliance status of Grand Prix Engineering Private Limited is Compliant.
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