MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0052271
Gric Clothing Private Limited
Gric Clothing Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.13 Cr
▼ 71% YoY
Net loss · FY 2024
₹22.56 Lakh
Net margin -19.9%
EBITDA · FY 2024
-₹5.98 Lakh
EBITDA margin -5.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Gric Clothing Private Limited
Data last updated:
Gric Clothing Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18209MH2017PTC290954. Its GSTIN is 27AAGCG6779B1ZE (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Dipti Pravin Suroliya and Pravin Purshotam Suroliya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No 32 Samhita 8B Comm. Premises Co – Op Soc Ltd, Saki Naka Telephone Exchange Lane A K Road Andheri East Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹22.56 Lakh (net margin -19.9%) and EBITDA of -₹5.98 Lakh (EBITDA margin -5.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
Gric Clothing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0052271). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18209MH2017PTC290954
Registration Number 290954
Incorporation Date 08 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0052271
Key People
Dipti Pravin Suroliya Director Pravin Purshotam Suroliya Director Krishna Das Additional Director Recognitions & Rankings of Gric Clothing
Contact details
Gric Clothing Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGala No 32 Samhita 8B Comm. Premises Co – Op Soc Ltd, Saki Naka Telephone Exchange Lane A K Road Andheri East Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gric Clothing Private Limited, buy the company report.
Comprehensive company report
Gric Clothing Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Gric Clothing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Gric Clothing Private Limited, buy the company report.
Financials of Gric Clothing Private Limited
FY 2024 filings availableGric Clothing Private Limited reported revenue of ₹1.13 Cr (down 71% YoY) for FY 2024.
Revenue · FY 2024
₹1.13 Cr ▼ 71%
Net loss · FY 2024
₹22.56 Lakh margin -19.9%
EBITDA · FY 2024
-₹5.98 Lakh margin -5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 26%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 137%
3 years · compounded
▲ 10%
5 years · compounded
▲ 39%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 71% fall in the latest year. EBITDA fell 137% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.98 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.56 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.3% | ||||
| Net Profit Margin | -19.9% | ||||
| 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 Gric Clothing Private Limited, buy the company report.
Board of directors of Gric Clothing Private Limited
Gric Clothing has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipti Pravin Suroliya | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Pravin Purshotam Suroliya Also directs: E Wah Studios LLP | Director | 08 Feb 2017 | 9 Years 8 Months | Current |
| Krishna Das | Additional Director | 01 Sep 2018 | 8 Years 2 Months | Current |
Peer comparison
Gric Clothing Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H.V.Synthetics Private Limited | ₹1.14 Cr (FY 2020) | -64.0% | Ahmedabad, Gujarat, India | |||
| Soham Vocational Centre Private Limited | ₹1.13 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Gric Clothing Private Limitedthis company | ₹1.13 Cr (FY 2024) | -₹22.56 Lakh | -19.9% | -71.0% | Mumbai, Maharashtra, India | |
| Geoforce Composites Private Limited | ₹1.13 Cr (FY 2025) | 210.0% | Vadodara, Gujarat, India | |||
| Shantai Hometex Private Limited | ₹1.13 Cr (FY 2024) | 18370.0% | Bhadgaon, Maharashtra, India | |||
| Mudita & Radhesh Private Limited | ₹1.13 Cr (FY 2024) | 282.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Gric Clothing Private Limited, buy the company report.
Auditor
Gric Clothing Private Limited is audited by GOPAL SANGHAVI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOPAL SANGHAVI & CO | FY 2020 | 146514W |
Shareholding
The shareholding of Gric Clothing Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gric Clothing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2018 | 100211229 | Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Gric Clothing Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed against the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kisetsu Saison Finance India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kisetsu Saison Finance India Private Limited | Disposed |
To see the full case history of Gric Clothing 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 Gric Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gric Clothing has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG6779B1ZE | Maharashtra | Active | 26 Jul 2017 |
To see the full GST registrations and return filing status of Gric Clothing Private Limited, buy the company report.
Recent activity
Gric Clothing Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Krishna Das was appointed as Additional Director on 01 Sep 2018.
AGM
Gric Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gric Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 100211229 was registered on 17 Oct 2018.
Appointed
Krishna Das was appointed as Additional Director.
Appointed
Dipti Pravin Suroliya was appointed as Director.
Appointed
Pravin Purshotam Suroliya was appointed as Director.
Incorporation
08 Feb 2017
Gric Clothing Private Limited was registered on 08 Feb 2017 with Roc Mumbai I & aged 9 years 8 months as per MCA records.
Frequently asked questions
Gric Clothing is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 February 2017 (9+ years old) and is registered under CIN U18209MH2017PTC290954.
Gric Clothing has 3 current directors:
- Dipti Pravin Suroliya - Director
- Pravin Purshotam Suroliya - Director
- Krishna Das - Additional Director
The latest financial statements of Gric Clothing on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gric Clothing is 27AAGCG6779B1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gric Clothing is U18209MH2017PTC290954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gric Clothing has 2 court cases on record: 2 filed against it. 1 is pending.
Gric Clothing was incorporated on 08 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gric Clothing by revenue are H.V.Synthetics Private Limited, Soham Vocational Centre Private Limited, Geoforce Composites Private Limited, Shantai Hometex Private Limited, Mudita & Radhesh Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Krishna Das was appointed as Additional Director on 01 Sep 2018. Dipti Pravin Suroliya was appointed as Director on 08 Feb 2017. Pravin Purshotam Suroliya was appointed as Director on 08 Feb 2017.
Yes, Gric Clothing is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0052271).
The registered office of Gric Clothing is at Gala No 32 Samhita 8B Comm. Premises Co – Op Soc Ltd, Saki Naka Telephone Exchange Lane A K Road Andheri East Mumbai, Maharashtra, India – 400072.
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