- Category
- Small (2023-24)
- Udyam number
- UDYAM-MH-33-0077349

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 50 cases involving the company, including 1 filed by the company and 49 filed against it; 29 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.
Recognitions & Rankings of Grenesys Projects India
- 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
- 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
Associated Brands
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
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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Grenesys Projects India Private Limited
FY 2022 filings availableGrenesys Projects India Private Limited reported revenue of ₹2.02 Lakh (up 116% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| 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
| Metrics | FY 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| 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, and every line for FY 2017-18 to FY 2020-21, 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.
: available in the company report
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.
| 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 |
Auditor Details
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 |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| 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
Grenesys Projects India Private Limited has 50 court cases on record: 1 filed by Grenesys Projects India, 49 filed against it. 29 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 49 | 29 |
Cases on record (5 of 50)
| 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 Pvt. Ltd. Through Ashok Mohansing Bajaj, Director | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Safecap Finance Pvt Ltd Through Rajkumar Mohansing Bajaj | 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 M/S Syamantak Industries Pvt Ltd Through Its Authorized Representative Mr Saeed Khot | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S SRF Altech Limited | Pending |
: available in 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.
Employees and EPFO Compliance
Grenesys Projects India Private Limited has a workforce of 53 employees as of Apr 05, 2024.
: available in the company report
Recent Activity
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.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Grenesys Projects India has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCG2029P1ZB | Maharashtra | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 2 current directors:
- Pravin Mahadeo Dhamanse - Director
- Mayura Pravin Dhamanse - Director
The latest financial statements of Grenesys Projects India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
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 50 court cases on record: 1 filed by the company and 49 filed against it. 29 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.
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.
Yes, Grenesys Projects India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0077349).
Grenesys Projects India can be reached through the website grenesys.com. Its registered office is in Thane, Maharashtra, India.