
Gray Investments Private Limited
About Gray Investments Private Limited
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Gray Investments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 15 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65910MH1994PTC083775.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.2 Lakh. It is led by directors including Sangeeta Ashwin Mansharamani and Ashwin Ramesh Mansharamani.
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 311 – 312 Dalamal Towers211 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.9 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹3,325 (net margin 0.2%) and EBITDA of ₹9.08 Lakh (EBITDA margin 65.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 16% 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.
Company details
Contact details
Gray Investments Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address311 – 312 Dalamal Towers211 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Financial Activities
To see the full contact details of Gray Investments 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 Gray Investments is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Gray Investments Private Limited, buy the company report.
Financials of Gray Investments Private Limited
FY 2025 filings availableGray Investments Private Limited reported revenue of ₹13.9 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 26% fall in the latest year. EBITDA fell 45% 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 | ₹9.08 Lakh | ||||
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| Net Profit (PAT) | ₹3,325 | ||||
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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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| EBITDA Margin | 65.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Gray Investments Private Limited, buy the company report.
Board of directors of Gray Investments Private Limited
Gray Investments has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Ashwin Mansharamani Also directs: Fine Lines Designers Private Limited | Director | 02 Jul 2018 | 8 Years 4 Months | Current |
| Ashwin Ramesh Mansharamani Also directs: Safalya Estates and Trading LLP, Safalya Foods LLP, Gcorp Spaces Private Limited and 5 more | Director | 20 Apr 2002 | 24 Years 6 Months | Current |
| Ramesh Dhanrajmal Mansharamani | Director | 20 Dec 1994 | 31 Years 10 Months | Current |
Auditor
Gray Investments Private Limited is audited by MANDHANIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANDHANIA & ASSOCIATES | FY 2017 | 114942W |
Shareholding
The shareholding of Gray Investments Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gray Investments Private Limited, buy the company report.
Legal cases
Gray Investments Private Limited has 1 court case on record: 1 filed by Gray Investments. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Rajesh Estates and Nirman Privatelimited | Disposed |
To see the full case history of Gray Investments 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 Gray Investments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gray Investments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gray Investments Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Sangeeta Ashwin Mansharamani was appointed as Director on 02 Jul 2018.
Frequently asked questions
Gray Investments is an active private limited company based in Mumbai, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 15 December 1994 (32+ years old) and is registered under CIN U65910MH1994PTC083775.
Gray Investments has 3 current directors:
- Sangeeta Ashwin Mansharamani - Director
- Ashwin Ramesh Mansharamani - Director
- Ramesh Dhanrajmal Mansharamani - Director
The latest financial statements of Gray Investments 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 CIN (Corporate Identification Number) of Gray Investments is U65910MH1994PTC083775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gray Investments has 1 court case on record: 1 filed by the company.
Gray Investments was incorporated on 15 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Sangeeta Ashwin Mansharamani was appointed as Director on 02 Jul 2018. Ashwin Ramesh Mansharamani was appointed as Director on 20 Apr 2002. Ramesh Dhanrajmal Mansharamani was appointed as Director on 20 Dec 1994.
The registered office of Gray Investments is at 311 – 312 Dalamal Towers211 Nariman Point, Mumbai, Maharashtra, India – 400021.
Gray Investments operates in the financial services industry, in the financial activities segment.
The compliance status of Gray Investments is compliant as of 10 August 2026. The company is actively filing with the Registrar of Companies.

