- Category
- Micro (2023-24)
- Udyam number
- UDYAM-JH-20-0006137

Grassroot Equipment Private Limited
About Grassroot Equipment Private Limited
Data last updated:
Grassroot Equipment Private Limited is a private limited company based in Ranchi, Jharkhand, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ranchi, under CIN U29309JH2017PTC009973. Its GSTIN is 20AAGCG8421N1ZK (Jharkhand).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudhir Kumar Agrawal and Sarita Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No.2A Block A Bageshwari Apartmen Arya Puri Ratu Road, Ranchi, Jharkhand, India – 834001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.18 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.69 Lakh (net margin 1.4%) and EBITDA of ₹2.29 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 2% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Grassroot Equipment Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-JH-20-0006137). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Grassroot Equipment
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No.2A Block A Bageshwari Apartmen Arya Puri Ratu Road, Ranchi, Jharkhand, India – 834001
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Grassroot Equipment Private Limited
The main business activity of Grassroot Equipment is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Grassroot Equipment Private Limited FY 2024 filings available
Grassroot Equipment Private Limited reported revenue of ₹1.18 Cr (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Grassroot Equipment Private Limited
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 26% 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 of Grassroot Equipment Private Limited
| 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 | ₹2.29 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.69 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 Grassroot Equipment Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Grassroot Equipment are in the company report.
Financial statements from FY 2018
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.
Board of Directors of Grassroot Equipment Private Limited
Grassroot Equipment has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Kumar Agrawal | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Sarita Agrawal | Director | 18 May 2017 | 9 Years 5 Months | Current |
Peer Comparison of Grassroot Equipment Private Limited
Grassroot Equipment Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dantech Engineers Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Gurgaon, Haryana, India |
| Softwise Mechatronics Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Pune, Maharashtra, India |
| Lotus Environment Technology Private Limited | ₹1.18 Cr (FY 2018) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Ethicon Technologies Private Limited | ₹1.18 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Pune, Maharashtra, India |
| Huda Equipments Private Limited | ₹1.18 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Thane, Maharashtra, India |
| Grassroot Equipment Private Limited this company | ₹1.18 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Ranchi, Jharkhand, India |
| Manthan Power Solutions Private Limited | ₹1.18 Cr (FY 2024) | •••• | •••• | 1002.0% | •••• | Lucknow, Uttar Pradesh, India |
| Zaynah Exim (OPC) Private Limited | ₹1.17 Cr (FY 2024) | •••• | •••• | 244.0% | •••• | Kolkata, West Bengal, India |
| BJS International Agency Private Limited | ₹1.17 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Ureco Equipments (OPC) Private Limited | ₹1.17 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Dewas, Madhya Pradesh, India |
| V.P.Technomech Private Limited | ₹1.17 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grassroot Equipment by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Grassroot Equipment Private Limited
Grassroot Equipment Private Limited is audited by TIWARI SINGH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TIWARI SINGH & CO. | 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.
Ownership and Shareholding of Grassroot Equipment 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 Grassroot Equipment Private Limited
Grassroot Equipment Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Grassroot Equipment Private Limited
Grassroot Equipment Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Jharkhand | Writ petition | Filed against the company by M/S Honda India Power Products Ltd, Represented Thro Its Authorized Signatory Nemely Nirakar Khatua | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Grassroot Equipment Private Limited
Employment history and EPFO contributions of people linked to Grassroot Equipment.
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 Grassroot Equipment Private Limited
Grassroot Equipment Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Sarita Agrawal was appointed as Director on 18 May 2017.
Credit Ratings, Litigation & Regulatory Alerts for Grassroot Equipment 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 Grassroot Equipment 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 Grassroot Equipment 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 Grassroot Equipment Private Limited
Grassroot Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAGCG8421N1ZK | Jharkhand | Active | 10 Nov 2017 |
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 Grassroot Equipment 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 Grassroot Equipment Private Limited
Grassroot Equipment is an active private limited company based in Ranchi, Jharkhand, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 May 2017 (9+ years old) and is registered under CIN U29309JH2017PTC009973.
Grassroot Equipment reported revenue of ₹1.18 Cr for FY 2024 (down 19% YoY).
Grassroot Equipment has 2 current directors:
- Sudhir Kumar Agrawal - Director
- Sarita Agrawal - Director
Grassroot Equipment reported a net profit of ₹1.69 Lakh (net margin 1.4%) and EBITDA of ₹2.29 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grassroot Equipment is 32% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grassroot Equipment is 20AAGCG8421N1ZK, registered in Jharkhand.
The CIN (Corporate Identification Number) of Grassroot Equipment is U29309JH2017PTC009973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grassroot Equipment has 1 court case on record: 1 filed against it. 1 is pending.
Grassroot Equipment was incorporated on 18 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ranchi.
The peers of Grassroot Equipment by revenue are Dantech Engineers Private Limited, Softwise Mechatronics Private Limited, Lotus Environment Technology Private Limited, Ethicon Technologies Private Limited, Huda Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Sarita Agrawal was appointed as Director on 18 May 2017. Sudhir Kumar Agrawal was appointed as Director on 18 May 2017.