About Grid Industries Private Limited
Data last updated:
Grid Industries Private Limited is a private limited company based in Manesar, Haryana, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the power cables segment of the manufacturing sector. It was incorporated on 07 March 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27100HR2013PTC048518. Its GSTIN is 06AAFCG1005K1ZZ (Haryana).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajesh Kumar Gupta (Managing Director) and Anu Gupta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 63 Sector – 5 Imt Manesar, Haryana, India – 122050.
As per the financials filed for FY 2021, the company reported a revenue of ₹29.05 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹11.66 Lakh (net margin -0.4%) and EBITDA of -₹3.21 Cr (EBITDA margin -11.1%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 54% over five years.
As per MCA filings, the company has open charges of ₹70.7 Lakh on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is gridcables.com.
Company details
Contact details
Grid Industries Private Limited's registered office is in Manesar, Haryana. Its website is gridcables.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 63 Sector – 5 Imt Manesar, Haryana, India – 122050
- IndustryManufacturing, Power Cables
To see the full contact details of Grid Industries 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
Financials of Grid Industries Private Limited
FY 2023 filings availableGrid Industries Private Limited reported revenue of ₹29.05 Cr (up 67% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over five years, including 67% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.66 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Grid Industries Private Limited, buy the company report.
Board of directors of Grid Industries Private Limited
Grid Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anu Gupta Also directs: Eco Polyolefin Solutions Private Limited, Ambey Ferrous Private Limited, Volts Energy Private Limited and 5 more | Director | 07 Mar 2013 | 13 Years 7 Months | As last reported |
| Rajesh Kumar Gupta Also directs: Eco Polyolefin Solutions Private Limited, Ambey Ferrous Private Limited, Volts Energy Private Limited and 5 more | Managing Director | 07 Mar 2013 | 13 Years 7 Months | As last reported |
Auditor
Grid Industries Private Limited is audited by ASHOK ARORA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK ARORA & CO | FY 2021 | 005266N |
Shareholding
The shareholding of Grid Industries Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grid Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2016 | 100066965 | Others | ₹70.7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Grid Industries Private Limited has 6 court cases on record: 4 filed by Grid Industries, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Commercial suit | Filed against the company by an individual | Pending |
| District court, Panchkula, Haryana | Court case (CHI) | Filed against the company by an individual | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Principal Commissioner of Customs Adjudication, Delhi Zone | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Union of India and Another and 2 others | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against Principal Commissioner, Goods and Service Tax (Erstwhile Excise Department) | Disposed |
To see the full case history of Grid Industries 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 Grid Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grid Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCG1005K1ZZ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grid Industries Private Limited, buy the company report.
Recent activity
Grid Industries Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Anu Gupta was appointed as Director on 07 Mar 2013.
Frequently asked questions
Grid Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Grid Industries is a company under insolvency, formerly operating as a private limited company based in Manesar, Haryana, India. The company works in power cables, within the manufacturing industry. It was incorporated on 07 March 2013 and is registered under CIN U27100HR2013PTC048518. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Grid Industries has 2 current directors:
- Rajesh Kumar Gupta - Managing Director
- Anu Gupta - Director
The latest financial statements of Grid Industries on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Grid Industries is U27100HR2013PTC048518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grid Industries has open charges of ₹70.7 Lakh and no satisfied charges on record as per latest MCA filings.
Grid Industries has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Grid Industries was incorporated on 07 March 2013. It is registered with the Registrar of Companies, Delhi.
Anu Gupta was appointed as Director on 07 Mar 2013. Rajesh Kumar Gupta was appointed as Managing Director on 07 Mar 2013.
Grid Industries can be reached through the website gridcables.com. Its registered office is in Manesar, Haryana, India.