About Grasp Internet India Private Limited
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Grasp Internet India Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 16 November 2017.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC326057. Its GSTIN is 07AAHCG0771E1ZT (Delhi). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Rupam Prakash and Saurav Prakash.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A – 66 F/F Kh No. 30/3&30/4/1 Palam Extn Sec – 7 Dwarka New Delhi, Delhi, India – 110075.
As per the financials filed for FY 2020, the company reported a revenue of ₹5.91 Lakh. For the same year it recorded a net profit of ₹28,696 (net margin 4.9%) and EBITDA of ₹28,696 (EBITDA margin 4.9%).
The company was associated with 1 brand: Kare It.
The last known website on record is kareit.in.
Company details
Contact details
Grasp Internet India Private Limited's registered office is in Delhi, Delhi. Its website is kareit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 66 F/F Kh No. 30/3&30/4/1 Palam Extn Sec – 7 Dwarka New Delhi, Delhi, India – 110075
- IndustryE-Commerce, Online Cosmetics Retail
To see the full contact details of Grasp Internet India Private 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 activity of Grasp Internet India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Grasp Internet India Private Limited, buy the company report.
Financials of Grasp Internet India Private Limited
FY 2020 filings availableGrasp Internet India Private Limited reported revenue of ₹5.91 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5.91 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹28,696 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹28,696 | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.9% | ||
| Net Profit Margin | 4.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Grasp Internet India Private Limited, buy the company report.
Board of directors of Grasp Internet India Private Limited
Grasp Internet India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rupam Prakash | Director | 16 Nov 2017 | 8 Years 11 Months | As last reported |
| Saurav Prakash Also directs: Harisons Continental Private Limited, Ug Brand LLP, Tenx Impex (OPC) Private Limited and 4 more | Director | 16 Nov 2017 | 8 Years 11 Months | As last reported |
Auditor
Grasp Internet India Private Limited is audited by N K V S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K V S & CO | FY 2018 | 031582N |
Shareholding
The shareholding of Grasp Internet India Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Grasp Internet India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grasp Internet India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grasp Internet India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grasp Internet India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCG0771E1ZT | Delhi | Active | 15 Jan 2018 |
| 06AAHCG0771E1ZV | Haryana | Active | 05 Dec 2019 |
To see the full GST registrations and return filing status of Grasp Internet India Private Limited, buy the company report.
Recent activity
Grasp Internet India Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rupam Prakash was appointed as Director on 16 Nov 2017.
Frequently asked questions
Grasp Internet India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Grasp Internet India was a private limited company based in Delhi, India. The company worked in online cosmetics retail, within the e-commerce industry. It was incorporated on 16 November 2017 and is registered under CIN U74999DL2017PTC326057. The company has been struck off by the Registrar of Companies and is no longer operational.
Grasp Internet India had 2 directors:
- Rupam Prakash - Director
- Saurav Prakash - Director
The CIN (Corporate Identification Number) of Grasp Internet India is U74999DL2017PTC326057. 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 Grasp Internet India is at A – 66 FF Kh No. 303&3041 Palam Extn Sec – 7 Dwarka New Delhi, Delhi, India – 110075.
Grasp Internet India was incorporated on 16 November 2017. It is registered with the Registrar of Companies, Delhi.
Grasp Internet India can be reached through the website kareit.in. Its registered office is in Delhi, India.
The latest financial statements of Grasp Internet India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Grasp Internet India is 07AAHCG0771E1ZT, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAHCG0771E1ZV (Haryana).
Grasp Internet India operated in the e-commerce industry, in the online cosmetics retail segment. It worked in this industry before it was struck off.