
About Grip Technologies Private Limited
Data last updated:
Grip Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online healthcare services segment of the internet and digital services sector. It was incorporated on 02 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2008PTC188579. Its GSTIN is 27AADCG3335Q1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Abdul Hadi Curtay and Kashish Hadi Curtay.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.59 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹28.17 Lakh (net margin 7.8%) and EBITDA of ₹72.92 Lakh (EBITDA margin 20.3%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 12% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: FitnessForce. As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitnessforce.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address501A It Pack Cts 1651/B Town Centre II Village Marol, Bhd Town Centre I Next To Mitial Estate Andheri (E), Mumbai, Maharashtra, India – 400069
- IndustryInternet, Online Healthcare 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
Associated Brands with Grip Technologies Private Limited
Grip Technologies operates one associated brand: FitnessForce. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers a cloud-based platform for fitness centers to streamline operations. | fitnessforce.com |
Competitors & Alternatives of Grip Technologies Private Limited
Brands and companies operating in the same space as Grip Technologies Private Limited include Mindbody, PushPress, Glofox and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Provider of SaaS-driven business management software for beauty salons and fitness centers | San Luis Obispo, United States | 2001 |
| | SaaS platform for gym billing and membership management is provided. | Los Angeles, United States | 2012 |
| | Provider of gym and studio management software and custom mobile apps | Dublin, Ireland | 2014 |
| | Online workout plans and nutrition tracking are offered to users. | Amsterdam, Netherlands | 2008 |
| | Provider of business management software for fitness proffessionals | Madrid, Spain | 2017 |
| | Provider of all-in-one business management software for wellness businesses | Toronto, Canada | 2012 |
| | Cloud-based platform for home care scheduling and management is offered. | Horsham, United Kingdom | 2014 |
| | Cloud-based software for fitness business management is offered. | Highlands, United States | 2006 |
| | Cloud-based software for gym management and scheduling is provided. | Indianapolis, United States | 2015 |
Business Activity of Grip Technologies Private Limited
The main business activity of Grip Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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.
Auditor Details of Grip Technologies Private Limited
Grip Technologies Private Limited is audited by J.G.DALAL& CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.G.DALAL& CO. | 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 Grip Technologies Private Limited
Grip Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Hadi Curtay | Director | 02 Dec 2008 | 17 Years 10 Months | Current |
| Kashish Hadi Curtay Also directs: Kfac Systems (OPC) Private Limited | Director | 06 May 2024 | 2 Years 5 Months | Current |
| Quaid Johar Jawadwala | Additional Director | 08 Jul 2025 | 1 Years 2 Months | Current |
Financials of Grip Technologies Private Limited FY 2024 filings available
Grip Technologies Private Limited reported revenue of ₹3.59 Cr (up 31% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Grip Technologies Private Limited
Revenue rose 31% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 172% 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 Grip Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹72.92 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.17 Lakh | •••• | •••• | •••• | •••• |
| 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 Grip Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.8% | •••• | •••• | •••• | •••• |
| 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 Grip Technologies are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Grip 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 Grip Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Feb 2010 | Indian Bank | ₹50 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Grip Technologies Private Limited
Grip Technologies Private Limited has a workforce of 9 employees as of Mar 31, 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.
GST Compliance of Grip Technologies Private Limited
Grip Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG3335Q1Z8 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Grip 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 Grip 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 Grip 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.
MCA Filings & Documents of Grip 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.
Recent Activity on Grip Technologies Private Limited
Frequently Asked Questions about Grip Technologies Private Limited
Grip Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare services, within the internet industry. It was incorporated on 02 December 2008 (18+ years old) and is registered under CIN U72900MH2008PTC188579.
Grip Technologies reported revenue of ₹3.59 Cr for FY 2024 (up 31% YoY).
Grip Technologies has 3 current directors:
- Abdul Hadi Curtay - Director
- Kashish Hadi Curtay - Director
- Quaid Johar Jawadwala - Additional Director
Grip Technologies reported a net profit of ₹28.17 Lakh (net margin 7.8%) and EBITDA of ₹72.92 Lakh (EBITDA margin 20.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grip Technologies is -10% over three years and -12% over five years. In the latest year (FY 2024) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grip Technologies is 27AADCG3335Q1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grip Technologies is U72900MH2008PTC188579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Technologies was incorporated on 02 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Grip Technologies can be reached through the website fitnessforce.com. Its registered office is in Mumbai, Maharashtra, India.