Greaves Technologies Limited - Company Profile

Q: Who are the current directors of Greaves Technologies Limited?

The current directors of Greaves Technologies Limited are Parag Parshuram Satpute, Sunilkumar Balasubramanniam Puthucode, Akhila Balachandar.

It is a professional services public limited company based in Aurangabad, Maharashtra, India, established in 1960.

1960 Aurangabad, Maharashtra, India Active

Last Updated: February 03, 2026

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About Greaves Technologies Limited

Greaves Technologies Limited, a active public limited company, was established on 19 August 1960 in Aurangabad, Maharashtra, India. Engaging in personal within the professional, scientific and technical sector, it holds CIN: U28920MH1960PLC011788. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹1.40 M.

Formerly known as Dee Greaves Limited. It upholds a compliant status. Employing 355 professional, Its leadership includes Parag Parshuram Satpute (Director), Sunilkumar Balasubramanniam Puthucode (Director), Akhila Balachandar (Director). Past directors included Ravi Moti Kirpalani, Krishna Kumar Saraf, Parag Parshuram Satpute. It holds ₹6.05 Cr open charges and no settled loans. Its latest AGM occurred on 19 September 2025, with the balance sheet filed on 31 March 2025. It is based at J-2, Midc Industrial Area, Chikalthana,, Aurangabad, Maharashtra, 431210.

Company Details

CIN/LLPIN
U28920MH1960PLC011788
Registration Number
011788
Incorporation Date
19 August 1960
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹1.40 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 03-02-2026
Paid Up Capital ₹ 1.40 M as on 03-02-2026
Company Age 65 Year, 6 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 6.05 Cr as on 03-02-2026
Revenue Growth **** 158.75% (FY 2023)
Profit Growth **** -289.27% (FY 2023)
Ebitda **** 28.08% (FY 2023)
Net Worth 1128.78% (FY 2023)
Total Assets **** 12.74% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Greaves Technologies Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Greaves Technologies Limited?

Current Directors

Name	Designation	Appointment Date	Status
Parag Parshuram Satpute	Director	22 Apr 2025	Current
Sunilkumar Balasubramanniam Puthucode	Director	17 Dec 2024	Current
Akhila Balachandar	Director	07 Nov 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	12 Sep 2023	Past
Pramod Abcsdd	Director	31 Jul 2012	Past
Pramod Abcsdd	Additional Director	18 Sep 2025	Past
Pramod Abcsdd	Additional Director	18 Sep 2025	Past
Pramod Abcsdd	Additional Director	18 Dec 2023	Past
Pramod Abcsdd	Director	15 Feb 2017	Past

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Financial Performance of Greaves Technologies.

Greaves Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 158.75% increase. The company also saw a substantial fall in profitability, with a 289.27% decrease in profit. The company's net worth Soared by an impressive increase of 1128.78%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

158.75%

*******

Revenue from Operations

*******

158.54%

*******

Total Assets

*******

12.74%

*******

Profit or Loss

*******

-289.27%

*******

Net Worth

*******

1128.78%

*******

EBITDA

*******

28.08%

*******

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What is the Ownership and Shareholding Structure of Greaves Technologies?

In 2023, Greaves Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹60,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Axis Bank Limited : 6.00 Cr
Grindlays Bank : 0.05 Cr

Latest Charge Details

Date	Lender	Amount	Status
09 Dec 2022	Axis Bank Limited	₹6.00 Cr	Open
23 May 1973	Grindlays Bank	₹0.50 M	Open

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How Many Employees Work at Greaves Technologies?

Greaves Technologies has a workforce of 355 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Greaves Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Greaves Technologies's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Greaves Technologies

Recent Activity within the Organization

Annual General Meeting

Greaves Technologies Limited last Annual general meeting of members was held on 19 Sep 2025 as per latest MCA records. was recorded as a recent event.
19 Sep 2025
Charges

The activity A charge with Axis Bank Limited of Rs. 6.00 Cr registered on 09 Dec 2022 with Charge ID 100659008 was modified on 28 Apr 2025. was completed.
28 Apr 2025
Director Appointment

The activity Parag Parshuram Satpute was appointed as a Director was appointed as a Director on 22 Apr 2025 & has been associated with this company since 10 months 10 days . was completed.
22 Apr 2025
Balance Sheet

Progress on Greaves Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

Progress on Sunilkumar Balasubramanniam Puthucode was appointed as a Director was appointed as a Director on 17 Dec 2024 & has been associated with this company since 1 year 2 months . was documented.
17 Dec 2024
Director Appointment

Progress on Akhila Balachandar was appointed as a Director was appointed as a Director on 07 Nov 2023 & has been associated with this company since 2 years 3 months . was documented.
07 Nov 2023

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