MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0001650
Grand Prix Engineering Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹98.67 Cr
▲ 25% YoY
Net profit · FY 2025
₹3.85 Cr
Net margin 3.9%
EBITDA · FY 2025
₹8.33 Cr
EBITDA margin 8.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.16 Cr
Issued & subscribed
Open charges
₹75 Cr
Satisfied ₹78.65 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
344
Provident fund records
About Grand Prix Engineering Private Limited
Data last updated:
Grand Prix Engineering Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 03 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27310DL1989PTC220107. Its GSTIN is 06AAACG8368C1ZP (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.16 Cr. It was formerly known as Ag Steels Private Limited and Grand Prix Fab Pvt Ltd. It is led by directors Amitbir Singh Banga and Harbir Singh Banga.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 51 First Floor Block C, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.67 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 3.9%) and EBITDA of ₹8.33 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 5% over five years.
The company has about 344 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grand Prix. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹78.65 Cr on record. Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 3 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹50.2 Lakh; the latest was in December 2023. Its 3 peer companies in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 2 smaller; the largest is Lansh Engineering Private Limited with revenue of ₹116.53 Cr. The company has 2 MSME Form 1 returns on record between 2019 and 2020, listing 108 overdue payments to 30 micro and small suppliers.
Grand Prix Engineering Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0001650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grandprixfilters.com.
Company details
CIN U27310DL1989PTC220107
Registration Number 220107
Incorporation Date 03 April 1989
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0001650
Name history
Grand Prix Engineering has undergone 2 name changes throughout its history. The company was previously known as Ag Steels Private Limited, and Grand Prix Fab Pvt Ltd. The current legal name is Grand Prix Engineering Private Limited.
| Company Name | Status |
|---|---|
| Grand Prix Engineering Private Limited | Current |
| Ag Steels Private Limited | Previous |
| Grand Prix Fab Pvt Ltd | Previous |
CIN history
Grand Prix Engineering has one previous CIN (Corporate Identification Number): U27310HR1989PTC030528. The current CIN is U27310DL1989PTC220107, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310DL1989PTC220107 | Current |
| U27310HR1989PTC030528 | Previous |
Recognitions & Rankings of Grand Prix Engineering
Contact details
Grand Prix Engineering Private Limited's registered office is in New Delhi, Delhi. Its website is grandprixfilters.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 51 First Floor Block C, New Delhi, Delhi, India – 110049
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Grand Prix Engineering Private Limited, buy the company report.
Comprehensive company report
Grand Prix Engineering 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Grand Prix Engineering operates one associated brand: Grand Prix. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Filters and strainers are manufactured for industrial applications in India. | grandprixfilters.com |
Business activity
The main business activity of Grand Prix Engineering is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Grand Prix Engineering Private Limited, buy the company report.
Financials of Grand Prix Engineering Private Limited
FY 2024 filings availableGrand Prix Engineering Private Limited reported revenue of ₹98.67 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹98.67 Cr ▲ 25%
Net profit · FY 2025
₹3.85 Cr margin 3.9%
EBITDA · FY 2025
₹8.33 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 24%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 52%
5 years · compounded
▼ 16%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 25% growth in the latest year. EBITDA rose 59% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹8.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.85 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 3.9% | ||||
| 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 | |||||
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To see the full financial statements and ratios of Grand Prix Engineering Private Limited, buy the company report.
Board of directors of Grand Prix Engineering Private Limited
Grand Prix Engineering has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amitbir Singh Banga | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Harbir Singh Banga | Director | 29 Nov 2023 | 2 Years 10 Months | Current |
Peer comparison
Grand Prix Engineering Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lansh Engineering Private Limited | ₹116.53 Cr (FY 2025) | 87.0% | Navi Mumbai, Maharashtra, India | |||
| Grand Prix Engineering Private Limitedthis company | ₹98.67 Cr (FY 2025) | ₹3.85 Cr | 3.9% | 25.0% | 344 | New Delhi, Delhi, India |
| Gargs Engineers Limited | ₹95.04 Cr (FY 2025) | 4.0% | Jamshedpur, Jharkhand, India | |||
| Kay Bouvet Engineering Ltd | ₹86.09 Cr (FY 2025) | -72.0% | Satara, Maharashtra, India |
To see the full peer comparison of Grand Prix Engineering Private Limited, buy the company report.
Auditor
Grand Prix Engineering Private Limited is audited by Y.K. Joneja & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y.K. Joneja & Co. | FY 2023 | 0713N |
Shareholding
The shareholding of Grand Prix Engineering 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 Grand Prix Engineering Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Cr
Satisfied charges
₹78.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Dec 2024 | 101021758 | Others | ₹7 Cr | Open | |
| 04 Mar 2024 | 100882548 | Yes Bank Limited | ₹35 Cr | Open | |
| 10 Jul 2019 | 100275886 | Others | ₹33 Cr | Open | |
| 28 Nov 2019 | 100312692 | Citi Bank N.A. | ₹15 Cr | Satisfied | |
| 26 May 2017 | 100100176 | Others | ₹30 Cr | Satisfied |
To see the full charge records of Grand Prix Engineering Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Grand Prix Engineering Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹50.2 Lakh; the latest was in December 2023.
Total deals
7
Secondary share transfers
6
Funding round
1
Disclosed funding
₹50.2 Lakh
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: Victora Auto Private Limited & Amitbir Singh Banga, Victura Technologies Private Limited Seller: 2 individuals |
| Aug 2017 | Secondary share transfer | Undisclosed | Seller: Chander Bhalla Huf, 2 individuals |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2009 | Funding round | ₹50.2 Lakh | Investors: 3 individuals |
To see the full deal history of Grand Prix Engineering Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grand Prix Engineering Private Limited has 11 court cases on record: 6 filed by Grand Prix Engineering, 5 filed against it. 3 cases are pending and 8 are disposed.
Total cases
11
Filed by the company
6
Filed against the company
5
Pending
3
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 3 | 1 |
| District courts | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against an individual | Pending |
| District court, Palwal, Haryana | Arbitration matter | Filed against the company by National Highways Authority of India | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
| District court, Faridabad, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Disposed |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against an individual | Disposed |
To see the full case history of Grand Prix Engineering Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Grand Prix Engineering Private Limited was last rated by Care on 21 Jun 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Jun 2023 |
To see the full credit ratings and regulatory alerts of Grand Prix Engineering Private Limited, buy the company report.
MSME payment delays
Grand Prix Engineering Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 108 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indo Oils and Chemicals Pvt Ltd | |||
| S P Iron Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Jyoi Metal India |
To see the full MSME payment records of Grand Prix Engineering Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Grand Prix Engineering Private Limited has a workforce of 344 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
344
Active EPFO establishments
1
Employee growth
-8.99%
GST
Grand Prix Engineering has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACG8368C1ZP | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grand Prix Engineering Private Limited, buy the company report.
Recent activity
Grand Prix Engineering Private Limited has 18 board changes on record since 1989: 10 appointments and 8 cessations. The latest: Chander Bhalla ceased to be Director on 01 Dec 2023.
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.
Charges
A charge with Others amounted to Rs. 7.00 Cr with Charge ID 101021758 was registered on 07 Dec 2024.
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.
Charges
A charge registered on 28 Nov 2019 via Charge ID 100312692 with Citi Bank N.A. was fully satisfied on 01 Oct 2024.
AGM
Grand Prix Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Grand Prix Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100882548 was registered on 04 Mar 2024.
Ceased
Chander Bhalla ceased to be Director.
Ceased
Manoj Kumar ceased to be Director.
Ceased
Shobha Bhalla ceased to be Director.
Ceased
Shrichand Sharma ceased to be Director.
Appointed
Harbir Singh Banga was appointed as Director.
23 earlier events are in the company report.
Frequently asked questions
Grand Prix Engineering is an active private limited company based in New Delhi, Delhi, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 03 April 1989 (37+ years old) and is registered under CIN U27310DL1989PTC220107.
Grand Prix Engineering has 2 current directors:
- Amitbir Singh Banga - Director
- Harbir Singh Banga - Director
The latest financial statements of Grand Prix Engineering on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Grand Prix Engineering is 06AAACG8368C1ZP, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Grand Prix Engineering is U27310DL1989PTC220107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grand Prix Engineering has 11 court cases on record: 6 filed by the company and 5 filed against it. 3 are pending. Most are in the high courts.
Grand Prix Engineering was incorporated on 03 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Grand Prix Engineering has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹50.2 Lakh; the latest was in December 2023.
The peers of Grand Prix Engineering by revenue are Lansh Engineering Private Limited, Gargs Engineers Limited, Kay Bouvet Engineering Ltd, all in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (metal and metal products).
Chander Bhalla ceased to be Director on 01 Dec 2023. Manoj Kumar ceased to be Director on 01 Dec 2023. Shobha Bhalla ceased to be Director on 01 Dec 2023. Grand Prix Engineering has 18 board changes on record in total.
Yes, Grand Prix Engineering is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0001650).
Grand Prix Engineering has 2 MSME Form 1 returns on record between 2019 and 2020, listing 108 overdue payments to 30 micro and small suppliers. The latest return was filed on 14 Dec 2020.