About Gronext Future Private Limited
Data last updated:
Gronext Future Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 10 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2004PTC043759. Its GSTIN is 24AACCR7643B1ZO (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.07 Lakh. It was formerly known as Ria Computers Private Limited. It is led by directors Kamal Agrawal and Sima Agrawal.
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 M/18 Shiv Smruti Complex Near Turning Point Ghod Dod Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.55 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹36.55 Lakh (net margin 0.8%) and EBITDA of ₹1.32 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.1 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gronext.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressM/18 Shiv Smruti Complex Near Turning Point Ghod Dod Road, Surat, Gujarat, India – 395007
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Business Activity of Gronext Future Private Limited
The main business activity of Gronext Future is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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.
Financials of Gronext Future Private Limited FY 2024 filings available
Gronext Future Private Limited reported revenue of ₹46.55 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gronext Future Private Limited
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 17% 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 Gronext Future 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 | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹36.55 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 Gronext Future Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Gronext Future 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.
Peer Comparison of Gronext Future Private Limited
Gronext Future Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Encon Impex Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| Foxbase Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore North, Karnataka, India |
| Reliance Trading Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Anand Innovations Private Limited | •••• | •••• | •••• | •••• | - | Mathura, Uttar Pradesh, India |
| Varsha Telemax Services Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Gronext Future Private Limited this company | •••• | •••• | •••• | •••• | - | Surat, Gujarat, India |
| Aracion Technology Private Limited | •••• | •••• | •••• | •••• | 28 | Bangalore, Karnataka, India |
| MRV Infotech India Private Limited | •••• | •••• | •••• | •••• | 22 | Chennai, Tamil Nadu, India |
| Netware Computers Private Limited | •••• | •••• | •••• | •••• | - | Sadar Bazar, Haryana, India |
| Sobhagyam Computech Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vivo Technologies Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Gronext Future by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Gronext Future Private Limited
Gronext Future Private Limited is audited by AGRAWAL & SIGHANIA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGRAWAL & SIGHANIA | 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 Gronext Future Private Limited
Gronext Future has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Agrawal Also directs: Gronext Foundation | Director | 10 Mar 2004 | 22 Years 6 Months | Current |
| Sima Agrawal Also directs: Gronext Foundation, Gaunext Organics Private Limited | Director | 10 Mar 2004 | 22 Years 6 Months | Current |
Ownership and Shareholding of Gronext Future 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 Gronext Future Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2005 | Bank of India | ₹9.1 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Gronext Future Private Limited
Gronext Future Private Limited has 4 court cases on record: 4 filed by Gronext Future. 2 cases are pending and 2 are disposed. Status as checked between 29 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (RCA) | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Gronext Future Private Limited
Gronext Future Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SME Cargo Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Gronext Future Private Limited
Gronext Future Private Limited has a workforce of 25 employees as of Apr 06, 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.
Recent Activity on Gronext Future Private Limited
Gronext Future Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Kamal Agrawal was appointed as Director on 10 Mar 2004.
Credit Ratings, Litigation & Regulatory Alerts for Gronext Future 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.
Subsidiaries & Group Companies of Gronext Future 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.
GST Compliance of Gronext Future Private Limited
Gronext Future has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR7643B1ZO | Gujarat | 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.
MCA Filings & Documents of Gronext Future 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.
Frequently Asked Questions about Gronext Future Private Limited
Gronext Future is an active private limited company based in Surat, Gujarat, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 10 March 2004 (22+ years old) and is registered under CIN U72200GJ2004PTC043759.
Gronext Future reported revenue of ₹46.55 Cr for FY 2024 (down 32% YoY).
Gronext Future has 2 current directors:
- Kamal Agrawal - Director
- Sima Agrawal - Director
Gronext Future reported a net profit of ₹36.55 Lakh (net margin 0.8%) and EBITDA of ₹1.32 Cr (EBITDA margin 2.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gronext Future is -11% over three years and 6% over five years. In the latest year (FY 2024) revenue fell 32%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gronext Future is 24AACCR7643B1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Gronext Future is U72200GJ2004PTC043759. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gronext Future has 4 court cases on record: 4 filed by the company. 2 are pending.
Gronext Future was incorporated on 10 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gronext Future by revenue are Encon Impex Private Limited, Foxbase Technologies Private Limited, Reliance Trading Limited, Anand Innovations Private Limited, Varsha Telemax Services Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Kamal Agrawal was appointed as Director on 10 Mar 2004. Sima Agrawal was appointed as Director on 10 Mar 2004.
Gronext Future has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 28 May 2019.