About Gratis Panel Products Private Limited
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Gratis Panel Products Private Limited is a private limited company based in Kalamassery, Kerala, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74999KL2018PTC054763. Its GSTIN is 32AAHCG4655M1ZC (Kerala).
The company has an authorised share capital of ₹1.51 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors including Thayyan Noorudhin (Managing Director) and Noufal Rahman.
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 No. 21/229 – A3 Royal Building Near Cusat Bus Stop Seaport – Airport Road Hmt Colony P.O., Kalamassery, Kerala, India – 683503.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.4 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹90.98 Lakh (net margin 2.3%) and EBITDA of ₹2.44 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹12.1 Cr and satisfied charges of ₹11.64 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending.
For more details, the company can be reached via its website gratisindia.com.
Company details
Contact details
Gratis Panel Products Private Limited's registered office is in Kalamassery, Kerala. Its website is gratisindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 21/229 – A3 Royal Building Near Cusat Bus Stop Seaport – Airport Road Hmt Colony P.O., Kalamassery, Kerala, India – 683503
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Gratis Panel Products 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 Gratis Panel Products 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 Gratis Panel Products Private Limited, buy the company report.
Financials of Gratis Panel Products Private Limited
FY 2024 filings availableGratis Panel Products Private Limited reported revenue of ₹40.4 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 14% growth 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 | ₹2.44 Cr | ||||
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| Net Profit (PAT) | ₹90.98 Lakh | ||||
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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 | 6% | ||||
| Net Profit Margin | 2.3% | ||||
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To see the full financial statements and ratios of Gratis Panel Products Private Limited, buy the company report.
Board of directors of Gratis Panel Products Private Limited
Gratis Panel Products has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Noufal Rahman Also directs: Eleganzia Hardwares LLP, Gratis Metal Products Private Limited, Gratis Industries Private Limited and 1 more | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
| Thayyan Noorudhin Also directs: I Key Home Studio LLP, Gratis Builders International LLP, Eleganzia Hardwares LLP and 5 more | Managing Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Raseena Zubair Also directs: Gratis Builders International LLP, Florex Ventures LLP, Gratis Metal Products Private Limited and 3 more | Director | 27 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
Gratis Panel Products Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhagwati Steel Industries Private Limited | ₹40.45 Cr (FY 2024) | 985.0% | Birgaon, Chhattisgarh, India | |||
| Gratis Panel Products Private Limitedthis company | ₹40.4 Cr (FY 2025) | ₹90.98 Lakh | 2.3% | 14.0% | Kalamassery, Kerala, India | |
| Shankar Ji Udyog Private Limited | ₹40.03 Cr (FY 2024) | 129.0% | Kolkata, West Bengal, India | |||
| Specs Demand Private Limited | ₹39.68 Cr (FY 2025) | Pune, Maharashtra, India | ||||
| Hanuman Enterprises (India) Private Limited | ₹39.67 Cr (FY 2025) | -4.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Gratis Panel Products Private Limited, buy the company report.
Auditor
Gratis Panel Products Private Limited is audited by CA JIMMY THOMAS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA JIMMY THOMAS | FY 2023 | 218801 |
Shareholding
The shareholding of Gratis Panel Products Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gratis Panel Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2025 | 101074730 | Axis Bank Limited | ₹50 Lakh | Open | |
| 19 Dec 2024 | 101051581 | Axis Bank Limited | ₹7.6 Cr | Open | |
| 21 May 2024 | 100926086 | Axis Bank Limited | ₹2 Cr | Open | |
| 12 May 2023 | 100735979 | Axis Bank Limited | ₹2 Cr | Open | |
| 28 Mar 2023 | 100717225 | Hdfc Bank Limited | ₹17.3 Lakh | Satisfied |
To see the full charge records of Gratis Panel Products Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Gratis Panel Products Private Limited has 5 court cases on record: 5 filed by Gratis Panel Products. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 2 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against India Gateway Terminal Private Limited, and 3 others | Disposed |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Ernakulam, Kerala | Civil suit | Filed by the company against an individual | Disposed |
| High Court, Kerala | Writ petition | Filed by the company against State Tax Officer and 2 others | Disposed |
To see the full case history of Gratis Panel Products Private Limited, 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 Gratis Panel Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gratis Panel Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAHCG4655M1ZC | Kerala | Active | 16 Oct 2018 |
To see the full GST registrations and return filing status of Gratis Panel Products Private Limited, buy the company report.
Recent activity
Gratis Panel Products Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Raseena Zubair was appointed as Director on 27 Mar 2023.
17 earlier events are in the company report.
Frequently asked questions
Gratis Panel Products is an active private limited company based in Kalamassery, Kerala, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U74999KL2018PTC054763.
Gratis Panel Products has 3 current directors:
- Thayyan Noorudhin - Managing Director
- Noufal Rahman - Director
- Raseena Zubair - Director
The latest financial statements of Gratis Panel Products 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 FY 2019 are in the company report.
The GSTIN of Gratis Panel Products is 32AAHCG4655M1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of Gratis Panel Products is U74999KL2018PTC054763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gratis Panel Products has 5 court cases on record: 5 filed by the company. 2 are pending. Most are in the district courts.
Gratis Panel Products was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Gratis Panel Products by revenue are Bhagwati Steel Industries Private Limited, Shankar Ji Udyog Private Limited, Specs Demand Private Limited, Hanuman Enterprises (India) Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Raseena Zubair was appointed as Director on 27 Mar 2023. Kavile Parambath Shanid ceased to be Director on 01 May 2022. Mohammed Azad Zubair ceased to be Additional Director on 01 May 2022. Gratis Panel Products has 7 board changes on record in total.
Gratis Panel Products can be reached through the website gratisindia.com. Its registered office is in Kalamassery, Kerala, India.
The registered office of Gratis Panel Products is at No. 21229 – A3 Royal Building Near Cusat Bus Stop Seaport – Airport Road Hmt Colony P.O., Kalamassery, Kerala, India – 683503.