Grip Technologies Private Limited

Grip Technologies Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2008PTC188579 Incorporated 02 December 2008 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company internet
Data last updated
Revenue · FY 2024
₹3.59 Cr
▲ 31% YoY
Net profit · FY 2024
₹28.17 Lakh
Net margin 7.8%
EBITDA · FY 2024
₹72.92 Lakh
EBITDA margin 20.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
9
Provident fund records

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.

Company Details of Grip Technologies Private Limited
CIN U72900MH2008PTC188579
Registration Number 188579
Incorporation Date 02 December 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    501A It Pack Cts 1651/B Town Centre II Village Marol, Bhd Town Centre I Next To Mitial Estate Andheri (E), Mumbai, Maharashtra, India – 400069
  • Industry
    Internet, Online Healthcare Services
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Financials, compliance, directors, charges, ownership and filings for Grip Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Grip Technologies Private Limited

Grip Technologies operates one associated brand: FitnessForce. Each brand links to its own profile.

BrandDescriptionWebsite
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.

CompetitorDescriptionLocationFounded
Mindbody Mindbody Provider of SaaS-driven business management software for beauty salons and fitness centersSan Luis Obispo, United States2001
PushPress PushPress SaaS platform for gym billing and membership management is provided.Los Angeles, United States2012
Glofox Glofox Provider of gym and studio management software and custom mobile appsDublin, Ireland2014
Virtuagym Virtuagym Online workout plans and nutrition tracking are offered to users.Amsterdam, Netherlands2008
Harbiz Harbiz Provider of business management software for fitness proffessionalsMadrid, Spain2017
WellnessLiving WellnessLiving Provider of all-in-one business management software for wellness businessesToronto, Canada2012
Care Line Live Care Line Live Cloud-based platform for home care scheduling and management is offered.Horsham, United Kingdom2014
Zen Planner Zen Planner Cloud-based software for fitness business management is offered.Highlands, United States2006
Upper Hand Upper Hand Cloud-based software for gym management and scheduling is provided.Indianapolis, United States2015

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 CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Grip Technologies Private Limited

Grip Technologies Private Limited is audited by J.G.DALAL& CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
J.G.DALAL& CO.LockedLockedLocked
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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.

Current Directors
NameDesignationAppointment DateTenureStatus
Abdul Hadi CurtayDirector02 Dec 200817 Years 10 MonthsCurrent
Kashish Hadi CurtayDirector06 May 20242 Years 5 MonthsCurrent
Quaid Johar JawadwalaAdditional Director08 Jul 20251 Years 2 MonthsCurrent

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.

Revenue · FY 2024
₹3.59 Cr ▲ 31%
Net profit · FY 2024
₹28.17 Lakh margin 7.8%
EBITDA · FY 2024
₹72.92 Lakh margin 20.3%

Compounded Annual Growth Rate (CAGR) of Grip Technologies Private Limited

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 10%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 172%
3 years · compounded
▲ 7%
5 years · compounded
▼ 6%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin20.3%••••••••••••••••
Net Profit Margin7.8%••••••••••••••••
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.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Grip Technologies Private Limited

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Charges & Borrowings of Grip Technologies Private Limited

Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Indian Bank₹0.50 Cr
Latest charge details
DateLenderAmountStatus
01 Feb 2010Indian Bank₹50 LakhSatisfied

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 count
9
Active EPFO establishments
1
Employee growth
-10%
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Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Grip Technologies Private Limited

Grip Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCG3335Q1Z8MaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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Credit Ratings, Litigation & Regulatory Alerts for Grip Technologies Private Limited

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MSME Payment Delays by Grip Technologies Private Limited

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Subsidiaries & Group Companies of Grip Technologies Private Limited

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MCA Filings & Documents of Grip Technologies Private Limited

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Recent Activity on Grip Technologies Private Limited

Directors
08 Jul 2025
Quaid Johar Jawadwala was appointed as a Additional Director on 08 Jul 2025 & has been associated with this company since 1 year 3 months.
Activity
30 Sep 2024
Grip Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Directors
06 May 2024
Kashish Hadi Curtay was appointed as a Director on 06 May 2024 & has been associated with this company since 2 years 5 months.
Activity
31 Mar 2024
Grip Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
08 Jun 2011
A charge registered on 01 Feb 2010 via Charge ID 10201496 with Indian Bank was fully satisfied on 08 Jun 2011.
Charges
01 Feb 2010
A charge with Indian Bank amounted to Rs. 50.00 Lakh with Charge ID 10201496 was registered on 01 Feb 2010.

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:

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.

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