Grasp Io Innovations Private Limited Company Logo

Grasp Io Innovations Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2011.

2011 | Bangalore, Karnataka, India | Active
Last Updated:

About Grasp Io Innovations Private Limited

Grasp Io Innovations Private Limited, a active private limited company, was established on 18 August 2011 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the professional, scientific and technical sector, it holds CIN: U72200KA2011PTC060040. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.80 Cr and a paid-up capital of ₹1.54 Cr.

Formerly known as Botrio Design Labs Private Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Kishore Varma Konduru (Director Appointed In Casual Vacancy), Tumkur Srinivas Shanmugha (Managing Director), Abhijit Adiga (Director). Past directors included Tumkur Srinivas Shanmugha, Puneeth Mullingakulu Subramanian, Sacheth Kadam. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at #5, 1St Floor , 4Th Stage, 3Rd Block, Basaveshwaranagar, Bangalore, Karnataka, 560079.

Company Details

  • CIN/LLPIN

    U72200KA2011PTC060040

  • Registration Number

    060040

  • Incorporation Date

    18 August 2011

  • Authorized Capital

    ₹2.80 Cr

  • Paid-Up Capital

    ₹1.54 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 2.80 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 14 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -15.75%
  • Profit Growth 12.48%
  • Ebitda 29.04%
  • Net Worth -16.92%
  • Total Assets -14.70%
Company report

Grasp Io Innovations Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Grasp Io Innovations 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 Grasp Io Innovations Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Kishore Varma KonduruDirector Appointed In Casual Vacancy22 May 2015Current
Tumkur Srinivas ShanmughaManaging Director18 Aug 2011Current
Abhijit AdigaDirector30 Sep 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector08 Mar 2013Past
Pramod AbcsddDirector22 May 2015Past
Pramod AbcsddDirector15 Mar 2020Past

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Financial Performance of Grasp Io Innovations.

Grasp Io Innovations Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.75% decrease. The company also saw a substantial improvement in profitability, with a 12.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 16.92%.

Grasp Io Innovations revenue growth over time
Grasp Io Innovations profit and loss trends over time
  • 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
-15.75%
Revenue from Operations
-8.77%
Total Assets
-14.70%
Profit or Loss
12.48%
Net Worth
-16.92%
EBITDA
29.04%

What is the Ownership and Shareholding Structure of Grasp Io Innovations?

In 2023, Grasp Io Innovations had a public holding of 50.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Grasp Io Innovations?

Grasp Io Innovations has a workforce of 4 employees as of Apr 03, 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 growth trends for Grasp Io Innovations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grasp Io Innovations, 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 Grasp Io Innovations's trajectory.

Rating

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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.

Latest Updates, News, and FAQs on Grasp Io Innovations

Recent Activity within the Organization

  • Annual General Meeting

    Grasp Io Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Grasp Io Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    The activity Abhijit Adiga was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 6 years 2 months . was completed.

  • Director Appointment

    Kishore Varma Konduru was appointed as a Director appointed in casual vacancy was appointed as a Director appointed in casual vacancy on 22 May 2015 & has been associated with this company since 10 years 6 months . was recorded as a recent event.

  • Director Appointment

    Tumkur Srinivas Shanmugha was appointed as a Managing Director was appointed as a Managing Director on 18 Aug 2011 & has been associated with this company since 14 years 3 months . was recorded as a recent event.

  • Company Incorporation

    Grasp Io Innovations Private Limited was registered on 18 Aug 2011 with Roc Bangalore & aged 14 years 3 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Grasp Io Innovations Private Limited?

    The CIN of Grasp Io Innovations Private Limited is U72200KA2011PTC060040.

  • Where is Grasp Io Innovations Private Limited headquartered?

    Grasp Io Innovations Private Limited is headquartered at #5, 1St Floor , 4Th Stage, 3Rd Block, Basaveshwaranagar, Bangalore, Karnataka, 560079.

  • When was Grasp Io Innovations Private Limited incorporated?

    Grasp Io Innovations Private Limited was incorporated on 18 August 2011.

  • Who are the current directors of Grasp Io Innovations Private Limited?

    The current directors of Grasp Io Innovations Private Limited are

  • What is the primary industry of Grasp Io Innovations Private Limited?

    The primary industry of Grasp Io Innovations Private Limited is Professional, Scientific And Technical.

  • Is Grasp Io Innovations Private Limited a listed company?

    Grasp Io Innovations Private Limited is unlisted.

  • What is the capital structure of Grasp Io Innovations Private Limited?

    The authorized capital of Grasp Io Innovations Private Limited is ₹2.80 Cr, and the paid-up capital is ₹1.54 Cr.

  • What is the compliance status of Grasp Io Innovations Private Limited?

    The compliance status of Grasp Io Innovations Private Limited is Compliant.

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