MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-33-0077349
Grenesys Projects India Private Limited - consumer electronics & durables in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹2.02 Lakh
▲ 116% YoY
Net profit · FY 2022
₹3,345
Net margin 1.7%
EBITDA · FY 2022
₹4,669
EBITDA margin 2.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹120
Issued & subscribed
Open charges
₹8.96 Cr
Satisfied ₹5.91 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
53
Provident fund records
About Grenesys Projects India Private Limited
Data last updated:
Grenesys Projects India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 02 March 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC240839. Its GSTIN is 27AAFCG2029P1ZB (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹120. It was formerly known as Grenesys Project India Private Limited. It is led by directors Pravin Mahadeo Dhamanse and Mayura Pravin Dhamanse.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 501 – C Wifi IT Park S.G. Barve Road, Wagle Estate Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.02 Lakh, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹3,345 (net margin 1.7%) and EBITDA of ₹4,669 (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 73% over five years.
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grenesys. As per MCA filings, the company has open charges of ₹8.96 Cr and satisfied charges of ₹5.91 Cr on record. Court records list 48 cases involving the company, including 1 filed by the company and 47 filed against it; 28 cases are pending.
Grenesys Projects India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0077349). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grenesys.com.
Company Details of Grenesys Projects India Private Limited
CIN U74999MH2013PTC240839
Registration Number 240839
Incorporation Date 02 March 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0077349
Recognitions & Rankings of Grenesys Projects India
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address501 – C Wifi IT Park S.G. Barve Road, Wagle Estate Thane, Maharashtra, India – 400604
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
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Associated Brands with Grenesys Projects India Private Limited
Grenesys Projects India operates one associated brand: Grenesys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers HVAC project execution, design, consultancy, and maintenance services for various industries. | grenesys.com |
Business Activity of Grenesys Projects India Private Limited
The main business activity of Grenesys Projects India is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Grenesys Projects India Private Limited FY 2022 filings available
Grenesys Projects India Private Limited reported revenue of ₹2.02 Lakh (up 116% YoY) for FY 2022.
Revenue · FY 2022
₹2.02 Lakh ▲ 116%
Net profit · FY 2022
₹3,345 margin 1.7%
EBITDA · FY 2022
₹4,669 margin 2.3%
Compounded Annual Growth Rate (CAGR) of Grenesys Projects India Private Limited
Revenue CAGR growth
1 year
▲ 116%
3 years · compounded
▼ 91%
5 years · compounded
▼ 73%
EBITDA CAGR growth
1 year
▼ 33%
3 years · compounded
▼ 92%
5 years · compounded
▼ 75%
Revenue rose 116% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 73%. EBITDA fell 33% 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 Grenesys Projects India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.02 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4,669 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3,345 | •••• | •••• | •••• | •••• |
| 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 Grenesys Projects India Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.7% | •••• | •••• | •••• | •••• |
| 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 Grenesys Projects India are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Grenesys Projects India Private Limited
Grenesys Projects India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Mahadeo Dhamanse | Director | 02 Mar 2013 | 13 Years 7 Months | Current |
| Mayura Pravin Dhamanse | Director | 28 Feb 2019 | 7 Years 7 Months | Current |
Peer Comparison of Grenesys Projects India Private Limited
Grenesys Projects India Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Global 9 Devices Marketing Private Limited | ₹2.07 Lakh (FY 2020) | •••• | •••• | 772.0% | •••• | Faridabad, Haryana, India |
| Ahmedabad Appliances Private Limited | ₹2.05 Lakh (FY 2025) | •••• | •••• | -66.0% | •••• | Ahmedabad, Gujarat, India |
| Upfront Trading Private Limited | ₹2.04 Lakh (FY 2022) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Tarash Overseas Private Limited | ₹2.04 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Shakun Electrosoft Private Limited | ₹2.03 Lakh (FY 2025) | •••• | •••• | -57.0% | •••• | Jaipur, Rajasthan, India |
| Grenesys Projects India Private Limited this company | ₹2.02 Lakh (FY 2022) | •••• | •••• | 116.0% | •••• | Thane, Maharashtra, India |
| Adishwaram Corporation Private Limited | ₹2.01 Lakh (FY 2025) | •••• | •••• | 27678.0% | •••• | Ahmedabad, Gujarat, India |
| Omsai Shakti Electronics Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Dombivli, Maharashtra, India |
| Amiable Impex Private Limited | ₹2 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Annapurna Cinetekniq Private Limited | ₹2 Lakh (FY 2022) | •••• | •••• | 43.0% | •••• | Hyderabad, Telangana, India |
| Whatnot Marketing Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | -85.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Grenesys Projects India by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), 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 Grenesys Projects India Private Limited
Grenesys Projects India Private Limited is audited by MUNDRA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUNDRA & ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Grenesys Projects India Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Grenesys Projects India Private Limited
Open charges
₹8.96 Cr
Satisfied charges
₹5.91 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 May 2022 | Idbi Bank Limited | ₹70 Lakh | Open |
| 25 Mar 2022 | Idbi Bank Limited | ₹7.41 Cr | Open |
| 22 Feb 2022 | Idbi Bank Limited | ₹85 Lakh | Open |
| 09 Sep 2020 | Others | ₹70 Lakh | Satisfied |
| 12 Apr 2017 | Others | ₹5.21 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Grenesys Projects India Private Limited
Grenesys Projects India Private Limited has 48 court cases on record: 1 filed by Grenesys Projects India, 47 filed against it. 28 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
48
Filed by the company
1
Filed against the company
47
Pending
28
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 47 | 28 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Insta Capital Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Agrostarc Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Syamantak Industries Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Safecap Finance Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Kruger Ventilation Industries (India) Private Limited | Pending |
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Full case history
All 48 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Grenesys Projects India Private Limited
Grenesys Projects India Private Limited has a workforce of 53 employees as of Apr 05, 2024.
Employee count
53
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Grenesys Projects India Private Limited
Grenesys Projects India Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Amit Ashok Puranik ceased to be Director on 10 Oct 2023.
Ceased
Amit Ashok Puranik ceased to be Director.
Ceased
Shrikant Shashikant Dighe ceased to be Director.
AGM
Grenesys Projects India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge with Idbi Bank Limited amounted to Rs. 70.00 Lakh with Charge ID 100607388 was registered on 27 May 2022.
Charges
A charge registered on 12 Apr 2017 via Charge ID 100110841 with Others was fully satisfied on 28 Apr 2022.
Charges
A charge registered on 09 Sep 2020 via Charge ID 100368185 with Others was fully satisfied on 18 Apr 2022.
Filing
Grenesys Projects India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai Ii.
Charges
A charge with Idbi Bank Limited amounted to Rs. 741.00 Lakh with Charge ID 100563279 was registered on 25 Mar 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 85.00 Lakh with Charge ID 100563075 was registered on 22 Feb 2022.
Charges
A charge with Others of Rs. 520.52 Lakh registered on 12 Apr 2017 with Charge ID 100110841 was modified on 15 Dec 2020.
Charges
A charge with Others amounted to Rs. 70.00 Lakh with Charge ID 100368185 was registered on 09 Sep 2020.
Ceased
Bhagyesh Ashok Gaundalkar ceased to be Director.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Grenesys Projects India Private Limited
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MSME Payment Delays by Grenesys Projects India Private Limited
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Subsidiaries & Group Companies of Grenesys Projects India Private Limited
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Corporate group structure
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GST Compliance of Grenesys Projects India Private Limited
Grenesys Projects India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG2029P1ZB | Maharashtra | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Grenesys Projects India Private Limited
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MCA filings and documents
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Frequently Asked Questions about Grenesys Projects India Private Limited
Grenesys Projects India is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 02 March 2013 (13+ years old) and is registered under CIN U74999MH2013PTC240839.
Grenesys Projects India reported revenue of ₹2.02 Lakh for FY 2022 (up 116% YoY).
Grenesys Projects India has 2 current directors:
- Pravin Mahadeo Dhamanse - Director
- Mayura Pravin Dhamanse - Director
Grenesys Projects India reported a net profit of ₹3,345 (net margin 1.7%) and EBITDA of ₹4,669 (EBITDA margin 2.3%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grenesys Projects India is -91% over three years and -73% over five years. In the latest year (FY 2022) revenue rose 116%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grenesys Projects India is 27AAFCG2029P1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Grenesys Projects India is U74999MH2013PTC240839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grenesys Projects India has 48 court cases on record: 1 filed by the company and 47 filed against it. 28 are pending.
Grenesys Projects India was incorporated on 02 March 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grenesys Projects India by revenue are Global 9 Devices Marketing Private Limited, Ahmedabad Appliances Private Limited, Upfront Trading Private Limited, Tarash Overseas Private Limited, Shakun Electrosoft Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Amit Ashok Puranik ceased to be Director on 10 Oct 2023. Shrikant Shashikant Dighe ceased to be Director on 22 Aug 2023. Bhagyesh Ashok Gaundalkar ceased to be Director on 31 Mar 2019. Grenesys Projects India has 7 board changes on record in total.