About Grant Investrade Limited
Data last updated:
Grant Investrade Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Nxtdigital Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 18 March 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1997PLC106676. The company has 10 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.79 Cr. It was led by directors including Abin Kumar Das and Kanchan Uday Chitale.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at In Centre 49/50 MIDC 12th Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2017, the company reported a revenue of ₹22.78 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹102.61 Cr (net margin -450.5%) and EBITDA of -₹6.91 Cr (EBITDA margin -30.3%).
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 11 cases involving the company, including 8 filed by the company and 3 filed against it; 3 cases are pending.
The last known website on record is nxtdigital.in.
Company details
Contact details
Grant Investrade Limited's registered office is in Mumbai, Maharashtra. Its website is nxtdigital.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered AddressIn Centre 49/50 MIDC 12th Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Grant Investrade Limited, buy the company report.
- 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
Business activity
The main business activities of Grant Investrade are financial and insurance service and information and communication. In detail, this covers other financial activities and broadcasting and programming activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | |
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Grant Investrade Limited, buy the company report.
Financials of Grant Investrade Limited
FY 2017 filings availableGrant Investrade Limited reported revenue of ₹22.78 Cr (up 2% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year. EBITDA fell 133% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹22.78 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹6.91 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹102.61 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -30.3% | ||
| Net Profit Margin | -450.5% | ||
| 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 Grant Investrade Limited, buy the company report.
Board of directors and KMP of Grant Investrade Limited
Grant Investrade Limited currently reports 5 directors and 1 key managerial person. 13 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tejas Devendra Shah Also directs: Sonal Adhesives Limited, Parshva Enterprises Limited, Salvi Chemical Industries Limited and 2 more | Company Secretary | 13 Nov 2017 | 8 Years 11 Months | As last reported |
| Abin Kumar Das Also directs: In Entertainment (India) Limited, Hinduja Group Limited, Oneott Intertainment Limited and 5 more | Director | 04 May 2007 | 19 Years 6 Months | As last reported |
| Kanchan Uday Chitale Also directs: Finolex Industries Limited, In Entertainment (India) Limited, Hinduja Realty Ventures Limited and 4 more | Director | 08 Aug 2014 | 12 Years 3 Months | As last reported |
| Prakash Shah Also directs: Pune Pioneers Football Club Private Limited | Director | 19 Sep 2016 | 10 Years 1 Months | As last reported |
| Amar Chintopanth Also directs: Gocl Corporation Limited, NDL Ventures Limited, HGS Digital Private Limited and 5 more | Director | 28 May 2014 | 12 Years 5 Months | As last reported |
| Ashok Hiranand Mansukhani | Director | 04 May 2007 | 19 Years 6 Months | As last reported |
Auditor
Grant Investrade Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2017 | 117366W |
Shareholding
The shareholding of Grant Investrade Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Grant Investrade Limited, buy the company report.
Legal cases
Grant Investrade Limited has 11 court cases on record: 8 filed by Grant Investrade, 3 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 3 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Indusind Media Communications Ltd. and Anr. | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Super Cassettes Industries Pvt Ltd | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Indiacast Distribution Pvt. Ltd. & Anr | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Star India Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Pending |
To see the full case history of Grant Investrade 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
Grant Investrade Limited was last rated by Brickwork on 28 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Sep 2018 |
To see the full credit ratings and regulatory alerts of Grant Investrade Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grant Investrade Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Grant Investrade has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Employees & EPFO
Grant Investrade Limited has a workforce of 2 employees on its EPFO records as of Oct 2017, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 2 |
| FY 2016-17 |
To see the full employee and EPFO history of Grant Investrade Limited, buy the company report.
GST
Grant Investrade has 10 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Grant Investrade Limited, buy the company report.
Recent activity
Grant Investrade Limited has 18 board changes on record since 2007: 6 appointments and 12 cessations. The latest: Tejas Devendra Shah was appointed as Company Secretary on 13 Nov 2017.
9 earlier events are in the company report.
Frequently asked questions
Grant Investrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Grant Investrade was a public limited company based in Mumbai, Maharashtra, India. The company worked in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 18 March 1997 and is registered under CIN U67120MH1997PLC106676. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Grant Investrade was incorporated on 18 March 1997. It is registered with the Registrar of Companies, Mumbai.
Grant Investrade had 6 directors and KMP:
- Abin Kumar Das - Director
- Kanchan Uday Chitale - Director
- Prakash Shah - Director
- Amar Chintopanth - Director
- Ashok Hiranand Mansukhani - Director
- Tejas Devendra Shah - Company Secretary
The CIN (Corporate Identification Number) of Grant Investrade is U67120MH1997PLC106676. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Grant Investrade is at In Centre 4950 MIDC 12th Road Andheri East, Mumbai, Maharashtra, India – 400093.
Grant Investrade can be reached through the website nxtdigital.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Grant Investrade on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. Grant Investrade has 10 GST registrations on record and all of them are cancelled or inactive.
Grant Investrade operated in the infrastructure and utilities industry, in the general infrastructure services segment.
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