
About Gravity Instruments Private Limited
Data last updated:
Gravity Instruments Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 19 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29196GJ2009PTC056183. Its GSTIN is 24AADCG3782B1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gaurang Mukundray Fajalia and Shardaben Mukundrai Fajalia.
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 Block No. E – 12/A Sharanam – II Nr Heaven Park Vejalpur, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹56.81 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹9.01 Lakh (net margin -15.9%) and EBITDA of -₹5.76 Lakh (EBITDA margin -10.1%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gravityipl.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock No. E – 12/A Sharanam – II Nr Heaven Park Vejalpur, Ahmedabad, Gujarat, India – 380015
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Gravity Instruments Private Limited
The main business activity of Gravity Instruments is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Gravity Instruments Private Limited FY 2025 filings available
Gravity Instruments Private Limited reported revenue of ₹56.81 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gravity Instruments Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 8% fall in the latest year. EBITDA fell 78% 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 Gravity Instruments 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 | -₹5.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.01 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 Gravity Instruments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -15.9% | •••• | •••• | •••• | •••• |
| 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 Gravity Instruments are in the company report.
Financial statements from 2015
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.
Peer Comparison of Gravity Instruments Private Limited
Gravity Instruments Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Triyas Tech Solutions Private Limited | ₹57.08 Lakh (FY 2024) | •••• | •••• | -79.0% | •••• | Nagole, Telangana, India |
| Thermotronix Engineering Private Limited | ₹57.07 Lakh (FY 2024) | •••• | •••• | 166.0% | •••• | Ahmedabad, Gujarat, India |
| Micromod Automation India Private Limited | ₹57.03 Lakh (FY 2024) | •••• | •••• | 203.0% | •••• | Vadodara, Gujarat, India |
| Elemech Tech Products India Private Limited | ₹56.93 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| 9 Pointers Tech Private Limited | ₹56.84 Lakh (FY 2023) | •••• | •••• | 24.0% | •••• | Jaipur, Rajasthan, India |
| Gravity Instruments Private Limited this company | ₹56.81 Lakh (FY 2024) | •••• | •••• | -8.0% | •••• | Ahmedabad, Gujarat, India |
| Mektronik Solutions Private Limited | ₹56.77 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Rajkamal Packaging Private Limited | ₹56.74 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Nashik, Maharashtra, India |
| S.T. Boilers & Engineering Construction Company Private Limited | ₹56.72 Lakh (FY 2025) | •••• | •••• | 353.0% | •••• | New Delhi, Delhi, India |
| Qualus India Private Limited | ₹56.64 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Mtab Engineers Private Limited | ₹56.57 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gravity Instruments by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Gravity Instruments Private Limited
Gravity Instruments Private Limited is audited by CHAUDHARI & CHAUDHARY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHAUDHARI & CHAUDHARY | 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.
Board of Directors of Gravity Instruments Private Limited
Gravity Instruments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Mukundray Fajalia | Director | 19 Feb 2009 | 17 Years 7 Months | Current |
| Shardaben Mukundrai Fajalia | Director | 19 Feb 2009 | 17 Years 7 Months | Current |
Ownership and Shareholding of Gravity Instruments 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 Gravity Instruments Private Limited
Gravity Instruments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gravity Instruments Private Limited
Gravity Instruments Private Limited has 1 court case on record: 1 filed by Gravity Instruments. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed by the company against Commissioner of Central Excise | Disposed |
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 Gravity Instruments Private Limited
Employment history and EPFO contributions of people linked to Gravity Instruments.
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 Gravity Instruments Private Limited
Gravity Instruments Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Gaurang Mukundray Fajalia was appointed as Director on 19 Feb 2009.
Credit Ratings, Litigation & Regulatory Alerts for Gravity Instruments 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 Gravity Instruments 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 Gravity Instruments 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 Gravity Instruments Private Limited
Gravity Instruments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCG3782B1ZY | Gujarat | Active | 01 Jul 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 Gravity Instruments 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 Gravity Instruments Private Limited
Gravity Instruments is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 19 February 2009 (17+ years old) and is registered under CIN U29196GJ2009PTC056183.
Gravity Instruments reported revenue of ₹56.81 Lakh for FY 2024 (down 8% YoY).
Gravity Instruments has 2 current directors:
- Gaurang Mukundray Fajalia - Director
- Shardaben Mukundrai Fajalia - Director
Gravity Instruments reported a net loss of ₹9.01 Lakh (net margin -15.9%) and EBITDA of -₹5.76 Lakh (EBITDA margin -10.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gravity Instruments is -5% over three years and -12% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gravity Instruments is 24AADCG3782B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Gravity Instruments is U29196GJ2009PTC056183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravity Instruments has 1 court case on record: 1 filed by the company.
Gravity Instruments was incorporated on 19 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gravity Instruments by revenue are Triyas Tech Solutions Private Limited, Thermotronix Engineering Private Limited, Micromod Automation India Private Limited, Elemech Tech Products India Private Limited, 9 Pointers Tech Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Gaurang Mukundray Fajalia was appointed as Director on 19 Feb 2009. Shardaben Mukundrai Fajalia was appointed as Director on 19 Feb 2009.