About Grim- Tech Projects (I) Private Limited
Data last updated:
Grim- Tech Projects (I) Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45209GJ2003PTC042460. Its GSTIN is 24AACCG2894F1ZO (Gujarat). The company holds 7 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹55.2 Lakh. It is led by directors including Sanjeev Kumar Radheshyam Agarwal (Managing Director) and Harikrishna Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1110 Royal Trade Center Opp. Star Bazar Adajan – Hajira Road, Surat, Gujarat, India – 395009.
As per the financials filed for FY 2025, the company reported a revenue of ₹92.31 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹5.01 Cr (net margin 5.4%) and EBITDA of ₹13.42 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 29% over five years.
The company is associated with 1 brand: Grimtech. As per MCA filings, the company has open charges of ₹56.1 Cr and satisfied charges of ₹54.87 Cr on record. Court records list 26 cases involving the company, including 12 filed by the company and 14 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grimtech.com.
Company details
Contact details
Grim- Tech Projects (I) Private Limited's registered office is in Surat, Gujarat. Its website is grimtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1110 Royal Trade Center Opp. Star Bazar Adajan – Hajira Road, Surat, Gujarat, India – 395009
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Grim- Tech Projects (I) 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
Brands
Grim- Tech Projects (I) operates one associated brand: Grimtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction services focused on piling, diaphragm walls, and foundation testing in India. | grimtech.com |
Business activity
The main business activity of Grim- Tech Projects (I) is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Grim- Tech Projects (I) Private Limited, buy the company report.
Financials of Grim- Tech Projects (I) Private Limited
FY 2025 filings availableGrim- Tech Projects (I) Private Limited reported revenue of ₹92.31 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 46% growth in the latest year. EBITDA rose 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.01 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Grim- Tech Projects (I) Private Limited, buy the company report.
Board of directors of Grim- Tech Projects (I) Private Limited
Grim- Tech Projects (I) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar Radheshyam Agarwal Also directs: Supreme Microfines Private Limited | Managing Director | 05 Jun 2003 | 23 Years 4 Months | Current |
| Harikrishna Kumar | Director | 05 Jun 2003 | 23 Years 4 Months | Current |
| Abhishek Sanjeev Agarwal Also directs: Supreme Microfines Private Limited | Director | 12 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Grim- Tech Projects (I) Private Limited is audited by AGARWAL GOYAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GOYAL & CO. | FY 2023 | 116930W |
Shareholding
The shareholding of Grim- Tech Projects (I) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grim- Tech Projects (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2025 | 101198407 | Others | ₹2.14 Cr | Open | |
| 25 Nov 2025 | 101192385 | Yes Bank Limited | ₹1.06 Cr | Open | |
| 21 Jul 2025 | 101142675 | Others | ₹13.81 Lakh | Open | |
| 24 Mar 2025 | 101089560 | Others | ₹31 Lakh | Open | |
| 27 Feb 2025 | 101056249 | Others | ₹3.7 Cr | Open |
To see the full charge records of Grim- Tech Projects (I) Private Limited, buy the company report.
Total charge records: 60 View all charges
Legal cases
Grim- Tech Projects (I) Private Limited has 26 court cases on record: 12 filed by Grim- Tech Projects (I), 14 filed against it. 3 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 7 | 3 |
| District courts | 7 | 6 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed by the company against Indure Private Limited | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Aneja Constructions (India) Ltd. | Disposed |
| District court, Raipur, Chhattisgarh | Execution petition | Filed by the company against Chhattisgarh State Power Transmission Company Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Era Infra Engineering Limited | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company by Aggcon Equipments International Pvt Ltd | Disposed |
To see the full case history of Grim- Tech Projects (I) 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
Grim- Tech Projects (I) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vidhya Enterprises | |||
| an individual supplier | |||
| Duracon Cement Product Private Limited |
To see the full MSME payment records of Grim- Tech Projects (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Grim- Tech Projects (I) has 7 GST registrations: 3 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG2894F1ZO | Gujarat | Active | 01 Jul 2017 |
| 09AACCG2894F1ZG | Uttar Pradesh | Active | 13 Dec 2017 |
| 19AACCG2894F1ZF | West Bengal | Active | 15 Feb 2021 |
To see the full GST registrations and return filing status of Grim- Tech Projects (I) Private Limited, buy the company report.
Recent activity
Grim- Tech Projects (I) Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Sanjeev Kumar Radheshyam Agarwal ceased to be Director on 30 Sep 2023.
86 earlier events are in the company report.
Frequently asked questions
Grim- Tech Projects (I) is an active private limited company based in Surat, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 June 2003 (23+ years old) and is registered under CIN U45209GJ2003PTC042460.
Grim- Tech Projects (I) has 3 current directors:
- Sanjeev Kumar Radheshyam Agarwal - Managing Director
- Harikrishna Kumar - Director
- Abhishek Sanjeev Agarwal - Director
The latest financial statements of Grim- Tech Projects (I) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grim- Tech Projects (I) is 24AACCG2894F1ZO, registered in Gujarat. The company has 7 GST registrations in all, of which 3 are active and 4 are cancelled or inactive. Other active GSTINs include 09AACCG2894F1ZG (Uttar Pradesh), 19AACCG2894F1ZF (West Bengal).
The CIN (Corporate Identification Number) of Grim- Tech Projects (I) is U45209GJ2003PTC042460. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grim- Tech Projects (I) has 26 court cases on record: 12 filed by the company and 14 filed against it. 3 are pending. Most are in the high courts.
Grim- Tech Projects (I) was incorporated on 05 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanjeev Kumar Radheshyam Agarwal ceased to be Director on 30 Sep 2023. Abhishek Sanjeev Agarwal was appointed as Director on 12 Dec 2018. Harikrishna Kumar was appointed as Director on 05 Jun 2003. Grim- Tech Projects (I) has 4 board changes on record in total.
Grim- Tech Projects (I) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 May 2019.
Grim- Tech Projects (I) can be reached through the website grimtech.com. Its registered office is in Surat, Gujarat, India.
The registered office of Grim- Tech Projects (I) is at 1110 Royal Trade Center Opp. Star Bazar Adajan – Hajira Road, Surat, Gujarat, India – 395009.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
