Grid Power Conversion Private Limited

Sells battery, inverters, and solar panels for power conversion.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated:

Grid Power Conversion Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 22 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth -34.07%
  • Profit Growth -101.75%
  • Ebitda -120.48%
  • Net Worth -7.79%
  • Total Assets 2.29%

About Grid Power Conversion

Grid Power Conversion Private Limited (GPCPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 2002 and has a history of 22 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Jaya Shetty and Panth Monnappa serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40101KA2002PTC030861

  • Company No.

    030861

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Grid Power Conversion Private Limited offer?

Grid Power Conversion Private Limited offers a wide range of products and services, including Electrical & Electronic Test Devices, Power Meters, Computer and Networking Solutions, Networking Solutions, Inverters, UPS and Converters, UPS.

Company report

Grid Power Conversion Private Limited

Explore comprehensive data for Grid Power Conversion Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grid Power Conversion?

Board Members (2)

NameDesignationAppointment DateStatus
Jaya Shetty Country flag representing In Director 26-May-2003Current
Panth Monnappa Country flag representing In Director 06-Aug-2002Current

Financial Performance of Grid Power Conversion.

Grid Power Conversion Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.07% decrease. The company also saw a substantial fall in profitability, with a 101.75% decrease in profit. The company's net worth dipped by a decrease of 7.79%.

Grid Power Conversion revenue growth over time
Grid Power Conversion profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-34.07%
Revenue from Operations
-38.27%
Total Assets
2.29%
Profit or Loss
-101.75%
Net Worth
-7.79%
EBITDA
-120.48%

What is the Ownership and Shareholding Structure of Grid Power Conversion?

In 2023, Grid Power Conversion had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2024State Bank Of India₹2.00 CrOpen
28 Feb 2011Idbi Bank Limited₹0.50 MSatisfied

How Many Employees Work at Grid Power Conversion?

Unlock and access historical data on people associated with Grid Power Conversion, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Grid Power Conversion Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grid Power Conversion, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grid Power Conversion's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Grid Power Conversion

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 20.00 M with Charge ID 100949221 was registered on 19 Jul 2024.

  • Annual General Meeting

    Grid Power Conversion Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grid Power Conversion Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge registered on 28 Feb 2011 via Charge ID 10326900 with Idbi Bank Limited was fully satisfied on 24 Jan 2013.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 0.50 M with Charge ID 10326900 was registered on 28 Feb 2011.

  • Director Appointment

    Jaya Panth Shetty was appointed as a Director was appointed as a Director on 26 May 2003 & has been associated with this company since 22 years 8 days .

Frequently asked questions

  • What is the Incorporation or founding date of Grid Power Conversion Private Limited?

    Grid Power Conversion Private Limited was incorporated on 06 Aug 2002.

  • What is authorized share capital and paid-up capital of Grid Power Conversion Private Limited?

    The authorized share capital of Grid Power Conversion Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Grid Power Conversion Private Limited?

    Currently 2 directors are associated with Grid Power Conversion Private Limited.

    • Jaya Panth Shetty
    • Panth Monnappa

  • What is the registered address of Grid Power Conversion Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grid Power Conversion Private Limited is 387 12Th Cross, Rashi Residency Kadabagere Magadi Main Road India, Bangaloresouth, Karnataka, 562130.

  • What is the corporate identification number (CIN) and company number of Grid Power Conversion Private Limited?

    The corporate identification number (CIN) of Grid Power Conversion Private Limited is U40101KA2002PTC030861 and the company number is 030861 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grid Power Conversion Private Limited?

    The Official website of Grid Power Conversion Private Limited is https://www.gridpowerconversion.com

  • What has been the recent revenue trend for Grid Power Conversion Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grid Power Conversion Private Limited has fallen by -34.07%.

  • What change has been observed in the net worth of Grid Power Conversion Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grid Power Conversion Private Limited has experienced an downturn of -7.79%.

  • What are the total open charges for Grid Power Conversion Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grid Power Conversion Private Limited amount to ₹ 2.00 Cr.

  • When was the last Balance Sheet of Grid Power Conversion Private Limited filed with the ROC?

    The most recent Balance Sheet for Grid Power Conversion Private Limited was filed with the ROC on 31 Mar 2023.

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