About Grinfranet Services Private Limited
Data last updated:
Grinfranet Services Private Limited is a private limited company based in Jogeshwari East, Maharashtra, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 09 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC284576. Its GSTIN is 27AAGCG5393M1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Vithoba Thikrul (Managing Director) and Vilas Manohar Talkar (Whole-Time Director).
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 Jogeshwari East, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.11 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹462 (net margin 0.2%) and EBITDA of ₹415 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 65% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GRinfranet.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grinfranet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address19 144 Sarvodaya Nagar M H B Colony, Meghwadi Nr Hanuman Sai Mandir, Jogeshwari East, Maharashtra, India – 400060
- IndustryInformation Technology, IT Infrastructure Management & Services
- 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 Grinfranet Services Private Limited
The main business activity of Grinfranet Services is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | 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 Grinfranet Services Private Limited FY 2025 filings available
Grinfranet Services Private Limited reported revenue of ₹2.11 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grinfranet Services Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 90% fall in the latest year. EBITDA fell 100% 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 Grinfranet Services Private Limited
| 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 | ₹415 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹462 | •••• | •••• | •••• | •••• |
| 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 Grinfranet Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 Grinfranet Services are in the company report.
Financial statements from FY 2017
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 Grinfranet Services Private Limited
Grinfranet Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Infrastructure Management). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gallant Infotech Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Sysdna Infotech Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Flamingo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Customised Call Center Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Nocknock Analytics Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Grinfranet Services Private Limited this company | •••• | •••• | •••• | •••• | - | Jogeshwari East, Maharashtra, India |
| E Orchids Techsolutions Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Adya Tech-One Services Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
| Sultrysea Dealcom Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Veshmn Innovations Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Radiv Technologies Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Grinfranet Services by revenue in the Information Technology industry (Infrastructure Management), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Grinfranet Services Private Limited
Grinfranet Services Private Limited is audited by S H PARKAR & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S H PARKAR & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Grinfranet Services Private Limited
Grinfranet Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Vithoba Thikrul Also directs: Trustly Technology Solutions Private Limited | Managing Director | 09 Aug 2016 | 10 Years 1 Months | Current |
| Vilas Manohar Talkar Also directs: Trustly Technology Solutions Private Limited | Whole-Time Director | 09 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of Grinfranet Services 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 Grinfranet Services Private Limited
Grinfranet Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Grinfranet Services Private Limited
Grinfranet Services operates one associated brand: GRinfranet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT infrastructure, network security, and consulting services are provided in Mumbai. | grinfranet.com |
Employees and EPFO Compliance at Grinfranet Services Private Limited
Grinfranet Services Private Limited has a workforce of 9 employees as of Apr 10, 2024.
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 Grinfranet Services Private Limited
Grinfranet Services Private Limited has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Arun Vithoba Thikrul ceased to be Director on 16 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Grinfranet Services 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 Grinfranet Services 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 Grinfranet Services 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 Grinfranet Services Private Limited
Grinfranet Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG5393M1ZZ | Maharashtra | Active | 01 Jul 2017 |
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 Grinfranet Services 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 Grinfranet Services Private Limited
Grinfranet Services is an active private limited company based in Jogeshwari East, Maharashtra, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 09 August 2016 (10+ years old) and is registered under CIN U74999MH2016PTC284576.
Grinfranet Services reported revenue of ₹2.11 Lakh for FY 2025 (down 90% YoY).
Grinfranet Services has 2 current directors:
- Arun Vithoba Thikrul - Managing Director
- Vilas Manohar Talkar - Whole-Time Director
Grinfranet Services reported a net profit of ₹462 (net margin 0.2%) and EBITDA of ₹415 (EBITDA margin 0.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grinfranet Services is -77% over three years and -65% over five years. In the latest year (FY 2025) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grinfranet Services is 27AAGCG5393M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grinfranet Services is U74999MH2016PTC284576. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grinfranet Services was incorporated on 09 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grinfranet Services by revenue are Gallant Infotech Private Limited, Sysdna Infotech Private Limited, Flamingo Technologies Private Limited, Customised Call Center Services Private Limited, Nocknock Analytics Private Limited and 5 more, all in the Information Technology industry (Infrastructure Management).
Arun Vithoba Thikrul ceased to be Director on 16 Mar 2021. Vilas Manohar Talkar ceased to be Director on 16 Mar 2021. Vishvanath Sagun More ceased to be Director on 11 Jul 2020. Grinfranet Services has 5 board changes on record in total.
Grinfranet Services can be reached through the website grinfranet.com. Its registered office is in Jogeshwari East, Maharashtra, India.