Grise Industries Limited - recycling & waste management in Meerut, Uttar Pradesh, India. Directors, charges & compliance details.
CIN U37100UP2021PLC149682 Incorporated 28 July 2021 ROC Uttar Pradesh HQ Meerut, Uttar Pradesh, India
Active Public Limited Company recycling and waste management MSME · Micro
Data last updated
Revenue · FY 2025
₹1.36 Cr
▲ 13% YoY
Net profit · FY 2025
₹11.22 Lakh
Net margin 8.2%
EBITDA · FY 2025
₹11.93 Lakh
EBITDA margin 8.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Grise Industries Limited

Data last updated:

Grise Industries Limited is a public limited company based in Meerut, Uttar Pradesh, India. It operates in the metal recycling segment of the recycling and waste management sector. It was incorporated on 28 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U37100UP2021PLC149682.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Tahir and Shumala Malik.

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 H. No. 3165 Grise Tower Zakir Hussain Colony, Meerut, Uttar Pradesh, India – 250002.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹11.22 Lakh (net margin 8.2%) and EBITDA of ₹11.93 Lakh (EBITDA margin 8.8%).

Grise Industries Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-56-0027136).

Company details

CIN U37100UP2021PLC149682
Registration Number 149682
Incorporation Date 28 July 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-UP-56-0027136

Recognitions & Rankings of Grise Industries

MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-UP-56-0027136

Contact details

Grise Industries Limited's registered office is in Meerut, Uttar Pradesh.

  • Registered Address
    H. No. 3165 Grise Tower Zakir Hussain Colony, Meerut, Uttar Pradesh, India – 250002
  • Industry
    Recycling & Waste Management, Metal Recycling
Comprehensive company report
Grise Industries Limited - one report that includes everything
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  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Grise Industries is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Grise Industries Limited, buy the company report.

Financials of Grise Industries Limited

FY 2025 filings available

Grise Industries Limited reported revenue of ₹1.36 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹1.36 Cr ▲ 13%
Net profit · FY 2025
₹11.22 Lakh margin 8.2%
EBITDA · FY 2025
₹11.93 Lakh margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
EBITDA CAGR growth
1 year
▲ 481%
3 years · compounded
▲ 161%

Revenue rose 13% in the latest year. EBITDA rose 481% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹11.93 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.22 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin8.8%
Net Profit Margin8.2%
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

To see the full financial statements and ratios of Grise Industries Limited, buy the company report.

Board of directors of Grise Industries Limited

Grise Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
TahirDirector28 Jul 20215 Years 2 MonthsCurrent
Shumala MalikDirector28 Jul 20215 Years 2 MonthsCurrent
Shuaib MalikDirector07 Jul 20233 Years 3 MonthsCurrent

Peer comparison

Grise Industries Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avcs Systems India Private Limited₹1.36 Cr (FY 2025)-71.0%New Delhi, Delhi, India
Meleev Healthcare Private Limited₹1.36 Cr (FY 2025)15.0%Panchkula, Haryana, India
Recent Products India Private Limited₹1.36 Cr (FY 2017)23.0%Agra, Uttar Pradesh, India
Medivel Biotech Private Limited₹1.36 Cr (FY 2025)2.0%Kannur, Kerala, India
KLRB Impex Private Limited₹1.36 Cr (FY 2021)-14.0%Hyderabad, Telangana, India
Grise Industries Limitedthis company₹1.36 Cr (FY 2025)₹11.22 Lakh8.2%13.0%Meerut, Uttar Pradesh, India
Minushree Merchants Pvt. Ltd.₹1.36 Cr (FY 2025)245.0%Kolkata, West Bengal, India
Water Technocrats Private Limited₹1.36 Cr (FY 2024)-7.0%Vasundhara, Ghaziabad, Uttar Pradesh, India
Banera Sales Private Limited₹1.36 Cr (FY 2025)0.0%Jaipur, Rajasthan, India
Kurebeam Aesthetic Private Limited₹1.36 Cr (FY 2025)255.0%Mohali, Punjab, India
Cheers Consultancy Private Limited₹1.36 Cr (FY 2017)1.0%Kolkata, West Bengal, India

To see the full peer comparison of Grise Industries Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Grise Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Grise Industries Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Grise Industries Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Aasim Malik ceased to be Managing Director on 07 Jul 2023.

AGM
Grise Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grise Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh Ii.
Ceased
Aasim Malik ceased to be Managing Director.
Appointed
Shuaib Malik was appointed as Director.
Appointed
Shumala Malik was appointed as Director.
Appointed
Tahir was appointed as Director.
Incorporation
28 Jul 2021
Grise Industries Limited was registered on 28 Jul 2021 with Roc Uttar Pradesh Ii & aged 5 years 2 months as per MCA records.

Frequently asked questions

Grise Industries is an active public limited company based in Meerut, Uttar Pradesh, India. The company works in metal recycling, within the recycling and waste management industry. It was incorporated on 28 July 2021 (5+ years old) and is registered under CIN U37100UP2021PLC149682.

Grise Industries has 3 current directors:

The latest financial statements of Grise Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Grise Industries is U37100UP2021PLC149682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grise Industries was incorporated on 28 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

The peers of Grise Industries by revenue are Avcs Systems India Private Limited, Meleev Healthcare Private Limited, Recent Products India Private Limited, Medivel Biotech Private Limited, KLRB Impex Private Limited and 5 more, all in the same principal business activity (wholesale trading).

Aasim Malik ceased to be Managing Director on 07 Jul 2023. Shuaib Malik was appointed as Director on 07 Jul 2023. Shumala Malik was appointed as Director on 28 Jul 2021. Grise Industries has 4 board changes on record in total.

Yes, Grise Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-56-0027136).

The registered office of Grise Industries is at H. No. 3165 Grise Tower Zakir Hussain Colony, Meerut, Uttar Pradesh, India – 250002.

Grise Industries operates in the recycling and waste management industry, in the metal recycling segment.

Grise Industries can be reached at its registered office: H. No. 3165 Grise Tower Zakir Hussain Colony, Meerut, Uttar Pradesh, India – 250002.