- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0021561

Gravity Electricals Private Limited
About Gravity Electricals Private Limited
Data last updated:
Gravity Electricals Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2010PTC206630. Its GSTIN is 27AADCG9289K1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhavin Narendra Shah and Bijal Shah Bhavin.
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 205 208 209 210 2nd Floor Building No.5 Jogani In. Estate V N Purav Marg, Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.92 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹47 Lakh (net margin 1.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Gravity Electricals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0021561). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Gravity Electricals
Contact details
Gravity Electricals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address205 208 209 210 2nd Floor Building No.5 Jogani In. Estate V N Purav Marg, Mumbai, Maharashtra, India – 400022
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Gravity Electricals 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 Gravity Electricals 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 Gravity Electricals Private Limited, buy the company report.
Financials of Gravity Electricals Private Limited
FY 2025 filings availableGravity Electricals Private Limited reported revenue of ₹27.92 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 37% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 29% 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 | ₹1.04 Cr | ||||
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| Net Profit (PAT) | ₹47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Gravity Electricals Private Limited, buy the company report.
Board of directors of Gravity Electricals Private Limited
Gravity Electricals has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Narendra Shah | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
| Bijal Shah Bhavin | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Gravity Electricals Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Yamuna Solar Energy Private Limited | ₹28.04 Cr (FY 2025) | 28.0% | Jagadhri, Haryana, India | |||
| Noble Electrade Private Limited | ₹27.96 Cr (FY 2025) | 20.0% | Rajkot, Gujarat, India | |||
| Gupta Studio Private Limited | ₹27.93 Cr (FY 2025) | -9.0% | Ludhiana, Punjab, India | |||
| Gravity Electricals Private Limitedthis company | ₹27.92 Cr (FY 2025) | ₹47 Lakh | 1.7% | -37.0% | 31 | Mumbai, Maharashtra, India |
| Shanti Kiran (India) Private Limited | ₹27.88 Cr (FY 2021) | -5.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gravity Electricals Private Limited, buy the company report.
Auditor
Gravity Electricals Private Limited is audited by HIREN SANGHVI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN SANGHVI & ASSOCIATES | FY 2023 | 104291 |
Shareholding
The shareholding of Gravity Electricals 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 Gravity Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2024 | 100858701 | Others | ₹6 Cr | Open | |
| 05 Dec 2022 | 100646956 | Others | ₹2.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Gravity Electricals Private Limited has 2 court cases on record: 2 filed by Gravity Electricals. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Nirmit Kirit Shah Proprietor of M/S Navkar Electricals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Kalpesh Becharbhai Ravariya Proprietor and Authorized Signatory of M/S Ravariya Electricals | Pending |
To see the full case history of Gravity Electricals 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 Gravity Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gravity Electricals Private Limited has a workforce of 31 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Gravity Electricals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG9289K1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gravity Electricals Private Limited, buy the company report.
Recent activity
Gravity Electricals Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Amit Narendra Shah ceased to be Director on 01 Jan 2024.
Frequently asked questions
Gravity Electricals is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 August 2010 (16+ years old) and is registered under CIN U31400MH2010PTC206630.
Gravity Electricals has 2 current directors:
- Bhavin Narendra Shah - Director
- Bijal Shah Bhavin - Director
The latest financial statements of Gravity Electricals 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 GSTIN of Gravity Electricals is 27AADCG9289K1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gravity Electricals is U31400MH2010PTC206630. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravity Electricals has 2 court cases on record: 2 filed by the company. 2 are pending.
Gravity Electricals was incorporated on 16 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gravity Electricals by revenue are Yamuna Solar Energy Private Limited, Noble Electrade Private Limited, Gupta Studio Private Limited, Shanti Kiran (India) Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Amit Narendra Shah ceased to be Director on 01 Jan 2024. Madhu Shah Narendra ceased to be Director on 01 Jan 2024. Narendra Mulji Shah ceased to be Director on 01 Jan 2024. Gravity Electricals has 6 board changes on record in total.
Yes, Gravity Electricals is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0021561).
The registered office of Gravity Electricals is at 205 208 209 210 2nd Floor Building No.5 Jogani In. Estate V N Purav Marg, Mumbai, Maharashtra, India – 400022.