MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-20-0001543
Grip Engineers Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹98.1 Cr
▲ 66% YoY
Net profit · FY 2025
₹2.5 Cr
Net margin 2.6%
EBITDA · FY 2025
₹4.37 Cr
EBITDA margin 4.5%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹7.45 Cr
Issued & subscribed
Open charges
₹32.62 Cr
Satisfied ₹32.97 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
200
Provident fund records
About Grip Engineers Private Limited
Data last updated:
Grip Engineers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 05 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC031573. Its GSTIN is 06AAACG1039J1ZW (Haryana). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹7.45 Cr. It is led by directors including Dwarkesh Lajpal and Hemant Lajpal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A – 42 Jangpura – B, New Delhi, Delhi, India – 110014.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.1 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Cr (net margin 2.6%) and EBITDA of ₹4.37 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 19% over five years.
The company has about 200 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GRIP Engineers. As per MCA filings, the company has open charges of ₹32.62 Cr and satisfied charges of ₹32.97 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in March 2014. Its 6 peer companies in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 3 larger and 3 smaller; the largest is Haarish Equipments Private Limited with revenue of ₹103.45 Cr.
Grip Engineers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0001543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gripengineers.com.
Company details
CIN U74899DL1988PTC031573
Registration Number 031573
Incorporation Date 05 May 1988
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-20-0001543
Recognitions & Rankings of Grip Engineers
Contact details
Grip Engineers Private Limited's registered office is in New Delhi, Delhi. Its website is gripengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 42 Jangpura – B, New Delhi, Delhi, India – 110014
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
To see the full contact details of Grip Engineers Private Limited, buy the company report.
Comprehensive company report
Grip Engineers Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Grip Engineers operates one associated brand: GRIP Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Material handling equipment manufacturing and supply services in India. | gripengineers.com |
Business activity
The main business activity of Grip Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Grip Engineers Private Limited, buy the company report.
Financials of Grip Engineers Private Limited
FY 2024 filings availableGrip Engineers Private Limited reported revenue of ₹98.1 Cr (up 66% YoY) for FY 2025.
Revenue · FY 2025
₹98.1 Cr ▲ 66%
Net profit · FY 2025
₹2.5 Cr margin 2.6%
EBITDA · FY 2025
₹4.37 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 29%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 52%
3 years · compounded
▲ 37%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 66% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Grip Engineers Private Limited, buy the company report.
Board of directors of Grip Engineers Private Limited
Grip Engineers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarkesh Lajpal Also directs: Bestruck Autoparts LLP | Director | 15 May 1988 | 38 Years 5 Months | Current |
| Hemant Lajpal | Director | 15 May 1988 | 38 Years 5 Months | Current |
| Ranjit Arya | Director | 16 Jul 1995 | 31 Years 3 Months | Current |
| Muthu Mani | Director | 15 May 1988 | 38 Years 5 Months | Current |
Peer comparison
Grip Engineers Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haarish Equipments Private Limited | ₹103.45 Cr (FY 2025) | 4.0% | Indore, Madhya Pradesh, India | |||
| Asian Cranes Private Limited | ₹101.94 Cr (FY 2025) | -4.0% | Punab, Punjab, India | |||
| JCB Access India Private Limited | ₹101.74 Cr (FY 2025) | 124.0% | Delhi, India | |||
| Grip Engineers Private Limitedthis company | ₹98.1 Cr (FY 2025) | ₹2.5 Cr | 2.6% | 66.0% | 200 | New Delhi, Delhi, India |
| Safex Industries Limited | ₹97.18 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India | |||
| Pullman Engineering Co Pvt Ltd | ₹94.17 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Hyquip Systems Limited | ₹94.15 Cr (FY 2025) | 32.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Grip Engineers Private Limited, buy the company report.
Auditor
Grip Engineers Private Limited is audited by Sanmarks & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanmarks & Associates | FY 2023 | 003343N |
Shareholding
The shareholding of Grip Engineers 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 Grip Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.62 Cr
Satisfied charges
₹32.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2024 | 100933952 | Canara Bank | ₹9 Lakh | Open | |
| 06 Feb 2024 | 100874568 | Axis Bank Limited | ₹32 Cr | Open | |
| 09 Dec 2021 | 100542480 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 28 Aug 2004 | 90039288 | Canara Bank | ₹11.46 Lakh | Open | |
| 02 Nov 2000 | 90036189 | A.P. State Financial Corporation | ₹30 Lakh | Open |
To see the full charge records of Grip Engineers Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Grip Engineers Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in March 2014.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹2.15 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2012 | Funding round | ₹1.3 Cr | Investors: 4 individuals |
| Dec 2008 | Funding round | ₹84.7 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grip Engineers Private Limited has 7 court cases on record: 2 filed by Grip Engineers, 5 filed against it. All cases are disposed.
Total cases
7
Filed by the company
2
Filed against the company
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed by the company against M/S Abhijeet Projects Ltd | Disposed |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by an individual | Disposed |
| District court, Faridabad, Haryana | Execution petition | Filed by the company against Ms Abhijeet Projets Ltd. | Disposed |
To see the full case history of Grip Engineers 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.
Credit ratings & regulatory alerts
Grip Engineers Private Limited was last rated by Crisil on 22 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Dec 2020 |
To see the full credit ratings and regulatory alerts of Grip Engineers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grip Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grip Engineers Private Limited has a workforce of 200 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
200
Active EPFO establishments
2
Employee growth
1.01%
GST
Grip Engineers has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACG1039J1ZW | Haryana | Active | 01 Jul 2017 |
| 36AAACG1039J1ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grip Engineers Private Limited, buy the company report.
Recent activity
Grip Engineers Private Limited has 6 board changes on record since 1988: 4 appointments and 2 cessations. The latest: Mohamad Aftab Saifi ceased to be Director on 26 Feb 2008.
Charges
A charge registered on 18 Oct 2023 via Charge ID 100840609 with Canara Bank was fully satisfied on 16 Jan 2025.
Charges
A charge registered on 18 Oct 2023 via Charge ID 100840598 with Canara Bank was fully satisfied on 16 Jan 2025.
Charges
A charge registered on 23 Feb 2023 via Charge ID 100694013 with Canara Bank was fully satisfied on 16 Jan 2025.
Charges
A charge registered on 29 Mar 2024 via Charge ID 100920332 with Axis Bank Limited was fully satisfied on 08 Jan 2025.
AGM
Grip Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 32.00 Cr registered on 06 Feb 2024 with Charge ID 100874568 was modified on 03 Jul 2024.
Charges
A charge registered on 12 Mar 2003 via Charge ID 90037946 with Canara Bank was fully satisfied on 05 Jun 2024.
Charges
A charge with Canara Bank amounted to Rs. 0.09 Cr with Charge ID 100933952 was registered on 31 May 2024.
Filing
Grip Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100920332 was registered on 29 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 32.00 Cr with Charge ID 100874568 was registered on 06 Feb 2024.
Charges
A charge with Canara Bank amounted to Rs. 0.06 Cr with Charge ID 100840609 was registered on 18 Oct 2023.
24 earlier events are in the company report.
Frequently asked questions
Grip Engineers is an active private limited company based in New Delhi, Delhi, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 05 May 1988 (38+ years old) and is registered under CIN U74899DL1988PTC031573.
Grip Engineers has 4 current directors:
- Dwarkesh Lajpal - Director
- Hemant Lajpal - Director
- Ranjit Arya - Director
- Muthu Mani - Director
The latest financial statements of Grip Engineers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Grip Engineers is 06AAACG1039J1ZW, registered in Haryana. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 36AAACG1039J1ZT (Telangana).
The CIN (Corporate Identification Number) of Grip Engineers is U74899DL1988PTC031573. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Engineers has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the district courts.
Grip Engineers was incorporated on 05 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
Grip Engineers has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.15 Cr; the latest was in March 2014.
The peers of Grip Engineers by revenue are Haarish Equipments Private Limited, Asian Cranes Private Limited, JCB Access India Private Limited, Safex Industries Limited, Pullman Engineering Co Pvt Ltd and 1 more, all in the Machinery and Equipment industry (Material Handling Equipment), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Mohamad Aftab Saifi ceased to be Director on 26 Feb 2008. Mohamad Iqbal ceased to be Director on 26 Feb 2008. Ranjit Arya was appointed as Director on 16 Jul 1995. Grip Engineers has 6 board changes on record in total.
Yes, Grip Engineers is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0001543).