About Grento Technologies Private Limited
Data last updated:
Grento Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC083297. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7 Lakh. It is led by directors including Subramaniyam Ragavan and Chanda Ramesh Pande.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹83.75 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.36 Lakh (net margin -30.3%) and EBITDA of -₹24.88 Lakh (EBITDA margin -29.7%). Revenue has grown at a compounded annual rate (CAGR) of 458% over three years.
The company is associated with 1 brand: Grento. As per MCA filings, the company has satisfied charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grento.in.
Company details
Contact details
Grento Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is grento.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSite No 1 & 2 No 50 Channakeshwa Towers Chikka Begur Gate Bommanahalli Post Hosur Mai, N Road, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Grento Technologies 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 Grento Technologies is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Grento Technologies Private Limited, buy the company report.
Financials of Grento Technologies Private Limited
FY 2020 filings availableGrento Technologies Private Limited reported revenue of ₹83.75 Lakh (up 283% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 458% over three years, including 283% growth in the latest year. EBITDA fell 38% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹83.75 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹24.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.36 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.7% | ||||
| Net Profit Margin | -30.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Grento Technologies Private Limited, buy the company report.
Board of directors of Grento Technologies Private Limited
Grento Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramaniyam Ragavan | Director | 14 Feb 2017 | 9 Years 8 Months | Current |
| Chanda Ramesh Pande | Director | 23 Aug 2023 | 3 Years 1 Months | Current |
| Keerthi Kumara | Director | 28 Feb 2024 | 2 Years 7 Months | Current |
Auditor
Grento Technologies Private Limited is audited by A P GANESHAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P GANESHAN & CO | FY 2019 | 011945S |
Shareholding
The shareholding of Grento Technologies Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grento Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2018 | 100232987 | State Bank of India | ₹40 Lakh | Satisfied |
To see the full charge records of Grento Technologies Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Grento Technologies Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by State Bank of India | Disposed |
To see the full case history of Grento Technologies 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 Grento Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grento Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Grento Technologies Private Limited, buy the company report.
Recent activity
Grento Technologies Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Keerthi Kumara was appointed as Director on 28 Feb 2024.
1 earlier event is in the company report.
Frequently asked questions
Grento Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 October 2015 (11+ years old) and is registered under CIN U74900KA2015PTC083297.
Grento Technologies has 3 current directors:
- Subramaniyam Ragavan - Director
- Chanda Ramesh Pande - Director
- Keerthi Kumara - Director
The latest financial statements of Grento Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2016 are in the company report.
No. Grento Technologies has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Grento Technologies is U74900KA2015PTC083297. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grento Technologies has 1 court case on record: 1 filed against it.
Grento Technologies was incorporated on 09 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Keerthi Kumara was appointed as Director on 28 Feb 2024. Rashmi Subhash Pandey ceased to be Director on 25 Aug 2023. Sandip Ramesh Pandey ceased to be Director on 25 Aug 2023. Grento Technologies has 7 board changes on record in total.
Grento Technologies can be reached through the website grento.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Grento Technologies is at Site No 1 & 2 No 50 Channakeshwa Towers Chikka Begur Gate Bommanahalli Post Hosur Mai, N Road, Bangalore, Karnataka, India – 560068.