Gromax Agri Equipment Limited - Company Profile

It is a machinery and equipment public limited company based in Vadodara, Gujarat, India, established in 1978.
1978 Vadodara, Gujarat, India Active
Last Updated:
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About Gromax Agri Equipment Limited

Gromax Agri Equipment Limited, a active public limited company, was established on 31 March 1978 in Vadodara, Gujarat, India. Engaging in tractors & agricultural machinery within the manufacturing sector, it holds CIN: U34100GJ1978PLC003127. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹60.00 Cr and a paid-up capital of ₹59.30 Cr.

Formerly known as Maiundra Gujarat Tractor Limited, Gujarat Tractor Corporation Limited. It upholds a compliant status. Employing 294 professional, Its leadership includes Nagarajan Sivaramakrishnan (Director), Neeraj Jain (Director), Meeta Narasimha Karanth (Director). Past directors included Nagarajan Sivaramakrishnan, Arvind Motilal Agarwal, Rajesh Ganesh Jejurikar. It holds ₹40.00 Cr open charges and ₹26.00 Cr settled loans. Its latest AGM occurred on 17 July 2025, with the balance sheet filed on 31 March 2025. It is based at Vishwamitrinr Railway Overbridge, Vadodara, Gujarat, 390011.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U34100GJ1978PLC003127

  • Registration Number

    003127

  • Incorporation Date

    31 March 1978

  • Authorized Capital

    ₹60.00 Cr

  • Paid-Up Capital

    ₹59.30 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 60.00 Cr
  • Paid Up Capital ₹ 59.30 Cr
  • Company Age 47 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 26.00 Cr
  • Revenue Growth **** 3.34%
  • Profit Growth **** -108.49%
  • Ebitda **** -188.79%
  • Net Worth -4.53%
  • Total Assets **** 9.67%
Company report

Gromax Agri Equipment Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Gromax Agri Equipment Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gromax Agri Equipment Limited?
Current Directors
Name Designation Appointment Date Status
Nagarajan Sivaramakrishnan Director 04 Nov 2016 Current
Neeraj Jain Director 30 Mar 2024 Current
Meeta Narasimha Karanth Director 22 Jul 2023 Current
Harish Namdeo Chavan Director 13 Jan 2025 Current
Ishwarbhai Dahyabhai Chaudhari Director 28 Jun 2023 Current
Manoj Kumar Harlalka Director 23 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 10 Jul 2017 Past
Pramod Abcsdd Director 26 Sep 2011 Past
Pramod Abcsdd Additional Director 20 Sep 2013 Past
Pramod Abcsdd Additional Director 18 Jul 2024 Past
Pramod Abcsdd Director 05 Aug 2016 Past
Pramod Abcsdd Nominee Director 10 Jan 2011 Past

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Financial Performance of Gromax Agri Equipment.

Gromax Agri Equipment Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.34% increase. The company also saw a substantial fall in profitability, with a 108.49% decrease in profit. The company's net worth dipped by a decrease of 4.53%.

Gromax Agri Equipment revenue growth over time
Gromax Agri Equipment profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 3.34%
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Revenue from Operations
*******
 3.16%
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*******
*******
Total Assets
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 9.67%
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*******
*******
*******
Profit or Loss
*******
 -108.49%
*******
*******
*******
*******
Net Worth
*******
 -4.53%
*******
*******
*******
*******
EBITDA
*******
 -188.79%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Gromax Agri Equipment?

In 2023, Gromax Agri Equipment had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹400,000,000.00

Satisfied Charges

₹260,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 40.00 Cr
Latest Charge Details
Date Lender Amount Status
08 Oct 2024 Axis Bank Limited ₹20.00 Cr Open
25 Oct 2018 Axis Bank Limited ₹20.00 Cr Open
29 Jun 2018 State Bank Of India ₹6.00 Cr Satisfied
12 Mar 2001 State Bank Of India ₹10.00 Cr Satisfied
06 Jan 2001 State Bank Of India ₹10.00 Cr Satisfied

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How Many Employees Work at Gromax Agri Equipment?

Gromax Agri Equipment has a workforce of 294 employees as of Mar 29, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gromax Agri Equipment, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gromax Agri Equipment's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Gromax Agri Equipment
Recent Activity within the Organization
  • Director Appointment

    Progress on Shaibya Tripathi was appointed as a Company Secretary was appointed as a Company Secretary on 11 Nov 2025 & has been associated with this company since 3 months 16 days . was documented.

  • Annual General Meeting

    Gromax Agri Equipment Limited last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Vijay Ramswaroop Nakra was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2025 & has been associated with this company since 7 months 11 days . was documented.

  • Balance Sheet

    Progress on Gromax Agri Equipment Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Harish Namdeo Chavan was appointed as a Director was appointed as a Director on 13 Jan 2025 & has been associated with this company since 1 year 1 month . was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100988981 was registered on 08 Oct 2024. was documented.

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Frequently Asked Questions
What is the CIN of Gromax Agri Equipment Limited?

The CIN of Gromax Agri Equipment Limited is U34100GJ1978PLC003127.

Where is Gromax Agri Equipment Limited headquartered?

Gromax Agri Equipment Limited is headquartered at Vishwamitrinr Railway Overbridge, Vadodara, Gujarat, 390011.

When was Gromax Agri Equipment Limited incorporated?

Gromax Agri Equipment Limited was incorporated on 31 March 1978.

Who are the current directors of Gromax Agri Equipment Limited?

The current directors of Gromax Agri Equipment Limited are

What is the primary industry of Gromax Agri Equipment Limited?

The primary industry of Gromax Agri Equipment Limited is Manufacturing.

Is Gromax Agri Equipment Limited a listed company?

Gromax Agri Equipment Limited is unlisted.

What is the capital structure of Gromax Agri Equipment Limited?

The authorized capital of Gromax Agri Equipment Limited is ₹60.00 Cr, and the paid-up capital is ₹59.30 Cr.

What is the compliance status of Gromax Agri Equipment Limited?

The compliance status of Gromax Agri Equipment Limited is Compliant.

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