Grand Prix Engineering Private Limited - Company Profile

It is a machinery and equipment private limited company based in New Delhi, Delhi, India, established in 1989.
1989 New Delhi, Delhi, India Active
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About Grand Prix Engineering Private Limited

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.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U27310DL1989PTC220107

  • Registration Number

    220107

  • Incorporation Date

    03 April 1989

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.16 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 75.00 Cr
  • Satisfied Charges ₹ 78.65 Cr
  • Revenue Growth **** 27.36%
  • Profit Growth **** 379.21%
  • Ebitda **** 173.46%
  • Net Worth 1.96%
  • Total Assets **** 0.48%
Company report

Grand Prix Engineering Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grand Prix Engineering Private 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 Grand Prix Engineering Private Limited?
Current Directors
Name Designation Appointment Date Status
Harbir Singh Banga Director 29 Nov 2023 Current
Amitbir Singh Banga Director 16 Jan 2023 Current
Past Directors
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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Financial Performance of Grand Prix Engineering.

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%.

Grand Prix Engineering revenue growth over time
Grand Prix Engineering 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
********
 27.36%
*******
*******
*******
*******
Revenue from Operations
*******
 27.43%
*******
*******
*******
*******
Total Assets
*******
 0.48%
*******
*******
*******
*******
Profit or Loss
*******
 379.21%
*******
*******
*******
*******
Net Worth
*******
 1.96%
*******
*******
*******
*******
EBITDA
*******
 173.46%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grand Prix Engineering?

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.

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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Charges (Loans)
Open Charges

₹750,000,000.00

Satisfied Charges

₹786,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 40.00 Cr
  • Yes Bank Limited : 35.00 Cr
Latest Charge Details
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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How Many Employees Work at Grand Prix Engineering?

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.

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 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.

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
Alert Indicator

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 Grand Prix Engineering
Recent Activity within the Organization
  • Charges

    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 recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101021758 was registered on 07 Dec 2024. was completed.

  • Charges

    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 recorded as a recent event.

  • Charges

    A charge registered on 28 Nov 2019 via Charge ID 100312692 with Citi Bank N.A. was fully satisfied on 01 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    Progress on Grand Prix Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    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.

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Frequently Asked Questions
What is the CIN of Grand Prix Engineering Private Limited?

The CIN of Grand Prix Engineering Private Limited is U27310DL1989PTC220107.

Where is Grand Prix Engineering Private Limited headquartered?

Grand Prix Engineering Private Limited is headquartered at C-51, First Floor, Block C, New Delhi, Delhi, 110049.

When was Grand Prix Engineering Private Limited incorporated?

Grand Prix Engineering Private Limited was incorporated on 03 April 1989.

Who are the current directors of Grand Prix Engineering Private Limited?

The current directors of Grand Prix Engineering Private Limited are

What is the primary industry of Grand Prix Engineering Private Limited?

The primary industry of Grand Prix Engineering Private Limited is Manufacturing.

Is Grand Prix Engineering Private Limited a listed company?

Grand Prix Engineering Private Limited is unlisted.

What is the capital structure of Grand Prix Engineering Private Limited?

The authorized capital of Grand Prix Engineering Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.16 Cr.

What is the compliance status of Grand Prix Engineering Private Limited?

The compliance status of Grand Prix Engineering Private Limited is Compliant.

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