Grateful Apparels Private Limited
About Grateful Apparels Private Limited
Data last updated:
Grateful Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17291KA2011PTC058138. Its GSTIN is 29AAECG2210M1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manish Dugar and Jai Kumar Sethia.
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 New No.13 Old No.655 11th C Main Road 5th Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.24 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹18.83 Lakh (net margin 2%) and EBITDA of ₹62.02 Lakh (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹12.11 Lakh on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Grateful Apparels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No.13 Old No.655 11th C Main Road 5th Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Grateful Apparels 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 Grateful Apparels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Grateful Apparels Private Limited, buy the company report.
Financials of Grateful Apparels Private Limited
FY 2024 filings availableGrateful Apparels Private Limited reported revenue of ₹9.24 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 22% 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 |
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| EBITDA | ₹62.02 Lakh | ||||
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| Net Profit (PAT) | ₹18.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 6.7% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Grateful Apparels Private Limited, buy the company report.
Board of directors of Grateful Apparels Private Limited
Grateful Apparels 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 |
|---|---|---|---|---|
| Manish Dugar Also directs: Gilwood Fashions Private Limited | Director | 13 Apr 2011 | 15 Years 6 Months | Current |
| Jai Kumar Sethia | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Auditor
Grateful Apparels Private Limited is audited by N M Arunkumar P S Ananda Rao & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N M Arunkumar P S Ananda Rao & Co | FY 2022 | 006925S |
Shareholding
The shareholding of Grateful Apparels Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grateful Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2016 | 10621420 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 05 Nov 2014 | 10544105 | Axis Bank Limited | ₹7.95 Lakh | Satisfied | |
| 17 May 2013 | 10429224 | Axis Bank Limited | ₹4.16 Lakh | Satisfied |
To see the full charge records of Grateful Apparels Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Grateful Apparels Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Yash Commosales Private Limited , an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Grateful Apparels 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 Grateful Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grateful Apparels Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Grateful Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECG2210M1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grateful Apparels Private Limited, buy the company report.
Recent activity
Grateful Apparels Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Yeshwant Bothra ceased to be Director on 30 Mar 2020.
1 earlier event is in the company report.
Frequently asked questions
Grateful Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 April 2011 (15+ years old) and is registered under CIN U17291KA2011PTC058138.
Grateful Apparels has 2 current directors:
- Manish Dugar - Director
- Jai Kumar Sethia - Director
The latest financial statements of Grateful Apparels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Grateful Apparels is 29AAECG2210M1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Grateful Apparels is U17291KA2011PTC058138. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grateful Apparels was incorporated on 13 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Grateful Apparels has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Yeshwant Bothra ceased to be Director on 30 Mar 2020. Jai Kumar Sethia was appointed as Director on 01 Oct 2014. Jai Kumar Sethia ceased to be Director on 01 Jun 2011. Grateful Apparels has 4 board changes on record in total.
The registered office of Grateful Apparels is at New No.13 Old No.655 11th C Main Road 5th Block Jayanagar, Bangalore, Karnataka, India – 560041.
Grateful Apparels operates in the manufacturing industry, in the textile and fabric production segment.