About Grindmech Technologies Private Limited
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Grindmech Technologies Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 08 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U72900MP2018PTC046501. Its GSTIN is 09AAHCG4500D1Z0 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bharti Rayakwar and Arpana Kumari.
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. – 74 – 2nd & 3rd Floor Zone – 11 M.P. Nagar Bhopal, Madhya Pradesh, India – 462011.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.19 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹97,473 (net margin 0.8%) and EBITDA of ₹1.3 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 148% over three years.
The company is associated with 1 brand: GrIndMech.
For more details, the company can be reached via its website grindmech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. – 74 – 2nd & 3rd Floor Zone – 11 M.P. Nagar Bhopal, Madhya Pradesh, India – 462011
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Grindmech Technologies Private Limited
The main business activity of Grindmech Technologies is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grindmech Technologies Private Limited FY 2023 filings available
Grindmech Technologies Private Limited reported revenue of ₹1.19 Cr (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Grindmech Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 148% over three years, including 2% growth in the latest year. EBITDA rose 52% 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 of Grindmech Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹97,473 | •••• | •••• | •••• | •••• |
| 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 of Grindmech Technologies Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grindmech Technologies are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Grindmech Technologies Private Limited
Grindmech Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mackk Networks Private Limited | ₹1.19 Cr (FY 2024) | •••• | •••• | -68.0% | •••• | Delhi, India |
| Ez Buy Private Limited | ₹1.19 Cr (FY 2024) | •••• | •••• | 151.0% | •••• | Mumbai, Maharashtra, India |
| Shree Shree Balunkeswar Farmers Producer Company Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 156.0% | •••• | Fategarh, Odisha, India |
| Aishwariya Meditech Private Limited | ₹1.19 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Gautam Buddha Nagar, Uttar Pradesh, India |
| Bionex Lifesciences Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Grindmech Technologies Private Limited this company | ₹1.19 Cr (FY 2023) | •••• | •••• | 2.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dreamax Healthcare Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Jaipur, Rajasthan, India |
| Dillu Steel Suppliers Private Limited | ₹1.19 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Delhi, India |
| Varishta Exports & Imports Private Limited | ₹1.19 Cr (FY 2019) | •••• | •••• | 846.0% | •••• | Palakol, Andhra Pradesh, India |
| Hospi Store Private Limited | ₹1.19 Cr (FY 2024) | •••• | •••• | 102.0% | •••• | Delhi, India |
| Kundu's Kitchen Equipment Private Limited | ₹1.19 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Grindmech Technologies by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Grindmech Technologies Private Limited
Grindmech Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Rayakwar Also directs: Grindmech Solutions and Services LLP | Director | 08 Sep 2018 | 8 Years 1 Months | Current |
| Arpana Kumari | Director | 08 Sep 2018 | 8 Years 1 Months | Current |
Ownership and Shareholding of Grindmech Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grindmech Technologies Private Limited
Grindmech Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Grindmech Technologies Private Limited
Grindmech Technologies operates one associated brand: GrIndMech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar-powered products, including panels and integrated energy systems. | grindmech.com |
Employees and EPFO Compliance at Grindmech Technologies Private Limited
Employment history and EPFO contributions of people linked to Grindmech Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grindmech Technologies Private Limited
Grindmech Technologies Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Kajal Ahirwar ceased to be Director on 03 Mar 2020.
Credit Ratings, Litigation & Regulatory Alerts for Grindmech Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grindmech Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grindmech Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grindmech Technologies Private Limited
Grindmech Technologies has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAHCG4500D1Z0 | Uttar Pradesh | Active | 07 Jan 2020 |
| 08AAHCG4500D1Z2 | Rajasthan | Active | 18 Jan 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grindmech Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grindmech Technologies Private Limited
Grindmech Technologies is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 08 September 2018 (8+ years old) and is registered under CIN U72900MP2018PTC046501.
Grindmech Technologies reported revenue of ₹1.19 Cr for FY 2023 (up 2% YoY).
Grindmech Technologies has 2 current directors:
- Bharti Rayakwar - Director
- Arpana Kumari - Director
Grindmech Technologies reported a net profit of ₹97,473 (net margin 0.8%) and EBITDA of ₹1.3 Lakh (EBITDA margin 1.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grindmech Technologies is 148% over three years. In the latest year (FY 2023) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grindmech Technologies is 09AAHCG4500D1Z0, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAHCG4500D1Z2 (Rajasthan).
The CIN (Corporate Identification Number) of Grindmech Technologies is U72900MP2018PTC046501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grindmech Technologies was incorporated on 08 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Grindmech Technologies by revenue are Mackk Networks Private Limited, Ez Buy Private Limited, Shree Shree Balunkeswar Farmers Producer Company Limited, Aishwariya Meditech Private Limited, Bionex Lifesciences Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Kajal Ahirwar ceased to be Director on 03 Mar 2020. Arpana Kumari was appointed as Director on 08 Sep 2018. Bharti Rayakwar was appointed as Director on 08 Sep 2018.
Yes, Grindmech Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).