About Grasp Bionics Private Limited
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Grasp Bionics Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 01 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29190KA2019PTC122063. Its GSTIN is 29AAHCG7172P1ZR (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹21,740. It is led by directors Rambhau Ukandrao Walke and Devadasa Lokeshwari.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No.60 Mayflower Rmv 2nd Stage 1st Main Road Subbanna Layout Lottegollahalli, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2022, the company reported a revenue of ₹26.35 Lakh, a growth of 102% compared to the previous year. For the same year it recorded a net loss of ₹6.92 Lakh (net margin -26.3%) and EBITDA of -₹8.74 Lakh (EBITDA margin -33.2%).
The company is associated with 1 brand: Grasp Bionics.
For more details, the company can be reached via its website graspbionics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.60 Mayflower Rmv 2nd Stage 1st Main Road Subbanna Layout Lottegollahalli, Bangalore, Karnataka, India – 560094
- IndustryHealthcare, Medical & Laboratory Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Grasp Bionics Private Limited
The main business activity of Grasp Bionics is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grasp Bionics Private Limited FY 2022 filings available
Grasp Bionics Private Limited reported revenue of ₹26.35 Lakh (up 102% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Grasp Bionics Private Limited
Revenue rose 102% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Grasp Bionics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.35 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.74 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.92 Lakh | •••• | •••• | •••• |
| 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 of Grasp Bionics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -33.2% | •••• | •••• | •••• |
| Net Profit Margin | -26.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grasp Bionics are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Grasp Bionics Private Limited
Grasp Bionics Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nazzio Medical Systems Private Limited | ₹26.92 Lakh (FY 2022) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Alpamrut Electronics Private Limited | ₹26.88 Lakh (FY 2025) | •••• | •••• | 98.0% | •••• | Mumbai, Maharashtra, India |
| Yugan Industries Private Limited | ₹26.79 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Kedar & Laxmi Surgicals Private Limited | ₹26.73 Lakh (FY 2023) | •••• | •••• | 275.0% | •••• | Hazipur, Bihar, India |
| Rakushka Exports Private Limited | ₹26.72 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Nagpur, Maharashtra, India |
| Grasp Bionics Private Limited this company | ₹26.35 Lakh (FY 2022) | •••• | •••• | 102.0% | •••• | Bangalore, Karnataka, India |
| Plebc Innovations Private Limited | ₹26.22 Lakh (FY 2024) | •••• | •••• | 1183.0% | •••• | Hyderabad, Telangana, India |
| Techsphere Advances Private Limited | ₹26.18 Lakh (FY 2024) | •••• | •••• | -12.0% | •••• | Delhi, India |
| Medifydrugcare Private Limited | ₹26.15 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Gurugram, Haryana, India |
| Sritanshi Health Care India Private Limited | ₹26.14 Lakh (FY 2025) | •••• | •••• | 55.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Brainbuds Healthcare Private Limited | ₹26.05 Lakh (FY 2025) | •••• | •••• | -13.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Grasp Bionics by revenue in the Healthcare industry (Medical and Laboratory Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grasp Bionics Private Limited
Grasp Bionics Private Limited is audited by BALU & ANAND for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BALU & ANAND | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Grasp Bionics Private Limited
Grasp Bionics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rambhau Ukandrao Walke | Additional Director | 31 Mar 2023 | 3 Years 6 Months | Current |
| Devadasa Lokeshwari | Additional Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Ownership and Shareholding of Grasp Bionics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grasp Bionics Private Limited
Grasp Bionics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Grasp Bionics Private Limited
Grasp Bionics operates one associated brand: Grasp Bionics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Arm prosthetics with adaptive grasping are developed for bionic applications. | graspbionics.com |
Employees and EPFO Compliance at Grasp Bionics Private Limited
Employment history and EPFO contributions of people linked to Grasp Bionics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grasp Bionics Private Limited
Grasp Bionics Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Nilesh Rambhau Walke ceased to be Director on 05 Apr 2023.
Credit Ratings, Litigation & Regulatory Alerts for Grasp Bionics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grasp Bionics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grasp Bionics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grasp Bionics Private Limited
Grasp Bionics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCG7172P1ZR | Karnataka | Active | 02 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grasp Bionics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grasp Bionics Private Limited
Grasp Bionics is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 01 March 2019 (7+ years old) and is registered under CIN U29190KA2019PTC122063.
Grasp Bionics reported revenue of ₹26.35 Lakh for FY 2022 (up 102% YoY).
Grasp Bionics has 2 current directors:
- Rambhau Ukandrao Walke - Additional Director
- Devadasa Lokeshwari - Additional Director
Grasp Bionics reported a net loss of ₹6.92 Lakh (net margin -26.3%) and EBITDA of -₹8.74 Lakh (EBITDA margin -33.2%) for FY 2022, as per its filed financial statements.
The GSTIN of Grasp Bionics is 29AAHCG7172P1ZR, registered in Karnataka.
The CIN (Corporate Identification Number) of Grasp Bionics is U29190KA2019PTC122063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grasp Bionics was incorporated on 01 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Grasp Bionics by revenue are Nazzio Medical Systems Private Limited, Alpamrut Electronics Private Limited, Yugan Industries Private Limited, Kedar & Laxmi Surgicals Private Limited, Rakushka Exports Private Limited and 5 more, all in the Healthcare industry (Medical and Laboratory Equipment).
Nilesh Rambhau Walke ceased to be Director on 05 Apr 2023. Vinay ceased to be Director on 05 Apr 2023. Devadasa Lokeshwari was appointed as Additional Director on 31 Mar 2023. Grasp Bionics has 4 board changes on record in total.
Yes, Grasp Bionics is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Grasp Bionics can be reached through the website graspbionics.com. Its registered office is in Bangalore, Karnataka, India.