Grasp Synthetics Pvt.Ltd
About Grasp Synthetics Pvt.Ltd
Data last updated:
Grasp Synthetics Pvt.Ltd is a private limited company based in Bhilwara, Rajasthan, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 03 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U24304RJ1988PTC004423.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors Shobha Devi Panagaria and Gyan Mal Panagaria.
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 154 Vakil Colony, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.45 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹5,600 (net margin 0.6%) and EBITDA of ₹51,996 (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹28.5 Lakh and satisfied charges of ₹33 Lakh on record. Court records list 10 cases involving the company, including 9 filed by the company and 1 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Grasp Synthetics has one previous CIN (Corporate Identification Number): U24304RJ1988PLC004423. The current CIN is U24304RJ1988PTC004423, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24304RJ1988PTC004423 | Current |
| U24304RJ1988PLC004423 | Previous |
Contact details
Grasp Synthetics Pvt.Ltd's registered office is in Bhilwara, Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address154 Vakil Colony, Bhilwara, Rajasthan, India – 311001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Grasp Synthetics Pvt.Ltd, 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
Financials of Grasp Synthetics Pvt.Ltd
FY 2025 filings availableGrasp Synthetics Pvt.Ltd reported revenue of ₹9.45 Lakh (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 10% growth in the latest year. EBITDA fell 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹51,996 | ||||
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| Net Profit (PAT) | ₹5,600 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Grasp Synthetics Pvt.Ltd, buy the company report.
Board of directors of Grasp Synthetics Pvt.Ltd
Grasp Synthetics 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 |
|---|---|---|---|---|
| Shobha Devi Panagaria Also directs: Rajat Fabrics Pvt Ltd | Director | 01 Apr 2009 | 17 Years 7 Months | Current |
| Gyan Mal Panagaria Also directs: Rajat Fabrics Pvt Ltd | Director | 01 Dec 2011 | 14 Years 11 Months | Current |
Auditor
Grasp Synthetics Pvt.Ltd is audited by AMIT R MEHTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT R MEHTA & ASSOCIATES | FY 2020 | 012777C |
Shareholding
The shareholding of Grasp Synthetics Pvt.Ltd is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Grasp Synthetics Pvt.Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2004 | 90074154 | Prop- Vinod Auto Agancy | ₹15 Lakh | Open | |
| 28 Jun 1994 | 90073600 | Union Bank of India | ₹13.5 Lakh | Open | |
| 23 Apr 2009 | 10157214 | Bhilwara Mahila Urban Cooperative Bank Limited | ₹22 Lakh | Satisfied | |
| 04 Dec 2004 | 90113407 | Bhilwara Mahila Urban Co-Operative Limited | ₹11 Lakh | Satisfied |
To see the full charge records of Grasp Synthetics Pvt.Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Grasp Synthetics Pvt.Ltd has 10 court cases on record: 9 filed by Grasp Synthetics, 1 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 3 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Assest Provident Fund Commi.,And Anr | Pending |
| High Court | Writ petition | Filed by the company against Assest Provident Fund Commi.,And Anr | Pending |
| High Court | Court case (CFA) | Filed by the company against an individual | Pending |
| District court, Bhilwara, Rajasthan | Court case (Civil Exe) | Filed against the company by an individual | Disposed |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Assest Provident Fund Commi.,And Anr | Disposed |
To see the full case history of Grasp Synthetics Pvt.Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grasp Synthetics Pvt.Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Grasp Synthetics Pvt.Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grasp Synthetics Pvt.Ltd has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Jaswant Panagaria ceased to be Director on 15 Dec 2011.
2 earlier events are in the company report.
Frequently asked questions
Grasp Synthetics is an active private limited company based in Bhilwara, Rajasthan, India. The company works in real estate financing, within the financial services industry. It was incorporated on 03 May 1988 (38+ years old) and is registered under CIN U24304RJ1988PTC004423.
Grasp Synthetics has 2 current directors:
- Shobha Devi Panagaria - Director
- Gyan Mal Panagaria - Director
The latest financial statements of Grasp Synthetics 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Grasp Synthetics is U24304RJ1988PTC004423. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grasp Synthetics has 10 court cases on record: 9 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Grasp Synthetics was incorporated on 03 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Jaipur.
Jaswant Panagaria ceased to be Director on 15 Dec 2011. Gyan Mal Panagaria was appointed as Director on 01 Dec 2011. Prakarti Panagaria ceased to be Director on 13 Apr 2009. Grasp Synthetics has 4 board changes on record in total.
The registered office of Grasp Synthetics is at 154 Vakil Colony, Bhilwara, Rajasthan, India – 311001.
Grasp Synthetics operates in the financial services industry, in the real estate financing segment.
Grasp Synthetics has open charges of ₹28.5 Lakh and satisfied charges of ₹33 Lakh as per latest MCA filings.
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