MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-30-0020103
Grasp Leathers India Private Limited
Grasp Leathers India Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.19 Lakh
▼ 20% YoY
Net loss · FY 2024
₹4.15 Lakh
Net margin -19.6%
EBITDA · FY 2024
-₹32,920
EBITDA margin -1.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Grasp Leathers India Private Limited
Data last updated:
Grasp Leathers India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19129TN2018PTC125752. Its GSTIN is 33AAHCG5504B1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Srinivasan Venkatesan and Ramamurthy Venkata Seelam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First Floor No.57 Thiruneermalai Main Road Nagelkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.19 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.15 Lakh (net margin -19.6%) and EBITDA of -₹32,920 (EBITDA margin -1.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 60% over five years.
Grasp Leathers India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-30-0020103). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U19129TN2018PTC125752
Registration Number 125752
Incorporation Date 13 November 2018
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-30-0020103
Key People
Selvakumar Parimala Additional Director Anthony George Additional Director Srinivasan Venkatesan Director Recognitions & Rankings of Grasp Leathers India
Contact details
Grasp Leathers India Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressFirst Floor No.57 Thiruneermalai Main Road Nagelkeni Chrompet, Chennai, Tamil Nadu, India – 600044
- IndustryManufacturing, Leather Goods
To see the full contact details of Grasp Leathers India Private Limited, buy the company report.
Comprehensive company report
Grasp Leathers India 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
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Business activity
The main business activity of Grasp Leathers India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Grasp Leathers India Private Limited, buy the company report.
Financials of Grasp Leathers India Private Limited
FY 2025 filings availableGrasp Leathers India Private Limited reported revenue of ₹21.19 Lakh (down 20% YoY) for FY 2024.
Revenue · FY 2024
₹21.19 Lakh ▼ 20%
Net loss · FY 2024
₹4.15 Lakh margin -19.6%
EBITDA · FY 2024
-₹32,920 margin -1.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▲ 24%
5 years · compounded
▲ 60%
EBITDA CAGR growth
1 year
▼ 107%
3 years · compounded
▼ 67%
5 years · compounded
▲ 45%
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 60%. EBITDA fell 107% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹32,920 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.15 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -19.6% | ||||
| 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 Grasp Leathers India Private Limited, buy the company report.
Board of directors of Grasp Leathers India Private Limited
Grasp Leathers India has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Selvakumar Parimala | Additional Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Anthony George | Additional Director | 12 Dec 2018 | 7 Years 10 Months | Current |
| Srinivasan Venkatesan | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Ramamurthy Venkata Seelam | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
| Gopu Mahalingam | Director | 13 Nov 2018 | 7 Years 11 Months | Current |
Peer comparison
Grasp Leathers India Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharat Fur and Leather Mfrs.Pvt Ltd | ₹23.04 Lakh (FY 2016) | -21.0% | Sonipat, Haryana, India | |||
| Brio Leather Crafts Private Limited | ₹21.48 Lakh (FY 2015) | 468.0% | New Delhi, Delhi, India | |||
| Grasp Leathers India Private Limitedthis company | ₹21.19 Lakh (FY 2024) | -₹4.15 Lakh | -19.6% | -20.0% | Chennai, Tamil Nadu, India | |
| New Disha Leather Private Limited | ₹21.18 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Grasp Leathers India Private Limited, buy the company report.
Auditor
Grasp Leathers India Private Limited is audited by K V RANGANATHAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K V RANGANATHAN & CO | FY 2020 | 003060S |
Shareholding
The shareholding of Grasp Leathers India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Grasp Leathers India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grasp Leathers 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 Leathers India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grasp Leathers India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCG5504B1Z7 | Tamil Nadu | Active | 02 Jan 2019 |
To see the full GST registrations and return filing status of Grasp Leathers India Private Limited, buy the company report.
Recent activity
Grasp Leathers India Private Limited has 5 board changes on record since 2018: 5 appointments. The latest: Anthony George was appointed as Additional Director on 12 Dec 2018.
AGM
Grasp Leathers India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grasp Leathers India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Anthony George was appointed as Additional Director.
Appointed
Selvakumar Parimala was appointed as Additional Director.
Appointed
Gopu Mahalingam was appointed as Director.
Appointed
Ramamurthy Venkata Seelam was appointed as Director.
Appointed
Srinivasan Venkatesan was appointed as Director.
Incorporation
13 Nov 2018
Grasp Leathers India Private Limited was registered on 13 Nov 2018 with Roc Chennai & aged 7 years 11 months as per MCA records.
Frequently asked questions
Grasp Leathers India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U19129TN2018PTC125752.
Grasp Leathers India has 5 current directors:
- Selvakumar Parimala - Additional Director
- Anthony George - Additional Director
- Srinivasan Venkatesan - Director
- Ramamurthy Venkata Seelam - Director
- Gopu Mahalingam - Director
The latest financial statements of Grasp Leathers India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Grasp Leathers India is 33AAHCG5504B1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Grasp Leathers India is U19129TN2018PTC125752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grasp Leathers India was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Grasp Leathers India by revenue are Bharat Fur and Leather Mfrs.Pvt Ltd, Brio Leather Crafts Private Limited, New Disha Leather Private Limited, all in the Manufacturing industry (Leather), with the same principal business activity (textile, leather and other apparel products).
Anthony George was appointed as Additional Director on 12 Dec 2018. Selvakumar Parimala was appointed as Additional Director on 12 Dec 2018. Gopu Mahalingam was appointed as Director on 13 Nov 2018. Grasp Leathers India has 5 board changes on record in total.
Yes, Grasp Leathers India is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-30-0020103).
The registered office of Grasp Leathers India is at First Floor No.57 Thiruneermalai Main Road Nagelkeni Chrompet, Chennai, Tamil Nadu, India – 600044.
Grasp Leathers India operates in the manufacturing industry, in the leather goods segment.
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