About Grospinz Fabz Limited
Data last updated:
Grospinz Fabz Limited is a public limited company based in Muktsar, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17111PB2006PLC030726. Its GSTIN is 03AACCG7565R1Z1 (Punjab). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.05 Cr. It is led by directors including Babu Lal Grover (Managing Director) and Rohit Kataria.
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 Near Railway Crossing Factory Road, Muktsar, Punjab, India – 152026.
As per the financials filed for FY 2025, the company reported a revenue of ₹744.41 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹10.75 Cr (net margin 1.4%) and EBITDA of ₹39.97 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 21% over five years.
The company has about 347 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grospinz Fabz Ltd. As per MCA filings, the company has open charges of ₹260.73 Cr and satisfied charges of ₹72.37 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 1 case is pending. The company has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹9.78 Cr; the latest was in February 2023. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Shaktigarh Textile & Industries Ltd with revenue of ₹761.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grospinz.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNear Railway Crossing Factory Road, Muktsar, Punjab, India – 152026
- IndustryManufacturing, Textile & Fabric Production
- 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 Grospinz Fabz Limited
Grospinz Fabz operates one associated brand: Grospinz Fabz Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Textile spinning, yarn manufacturing, and fabric services in India. | grospinz.com |
Business Activity of Grospinz Fabz Limited
The main business activity of Grospinz Fabz is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Grospinz Fabz Limited FY 2024 filings available
Grospinz Fabz Limited reported revenue of ₹744.41 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grospinz Fabz Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 33% growth in the latest year. EBITDA rose 13% 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 Grospinz Fabz Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹39.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.75 Cr | •••• | •••• | •••• | •••• |
| 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 Grospinz Fabz Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 Grospinz Fabz 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.
Board of Directors and KMP of Grospinz Fabz Limited
Grospinz Fabz Limited currently reports 4 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kataria | Director | 31 Mar 2024 | 2 Years 6 Months | Current |
| Supneet Grover Also directs: Muktsar Cotton Private Limited | Director | 05 Dec 2006 | 19 Years 10 Months | Current |
| Navneet Grover Also directs: Muktsar Cotton Private Limited | Ceo | 02 Mar 2024 | 2 Years 7 Months | Current |
| Babu Lal Grover Also directs: Muktsar Cotton Private Limited | Managing Director | 05 Dec 2006 | 19 Years 10 Months | Current |
| Asha Rani Grover Also directs: Muktsar Cotton Private Limited | Director | 09 Sep 2021 | 5 Years 1 Months | Current |
Peer Comparison of Grospinz Fabz Limited
Grospinz Fabz Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shaktigarh Textile & Industries Ltd | ₹761.47 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Shaktigarh, West Bengal, India |
| Gloster Limited Listed | ₹760.93 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| MVS Acmei Technologies Private Limited | ₹753.35 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| Lucky Weavess India Private Limited | ₹752.28 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Tiruchengode, Tamil Nadu, India |
| Shivalik Prints Limited | ₹747.61 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Grospinz Fabz Limited this company | ₹744.41 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Muktsar, Punjab, India |
| Texport Overseas Private Limited | ₹740.1 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Bangalore, Karnataka, India |
| Sahu Exports Private Limited | ₹730.84 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Delhi, India |
| Laxmee Chemfab Private Limited | ₹730.56 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Surat, Gujarat, India |
| Dholi Spintex Private Limited | ₹724.22 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mumbai, Maharashtra, India |
| Shrigopal Rameshkumar Sales Private Limited | ₹705.98 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grospinz Fabz by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grospinz Fabz Limited
Grospinz Fabz Limited is audited by SINGH KULJIT AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGH KULJIT AND ASSOCIATES | 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.
Ownership and Shareholding of Grospinz Fabz 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 Grospinz Fabz Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2023 | Others | ₹1.1 Cr | Open |
| 16 Jan 2023 | Others | ₹7.7 Cr | Open |
| 20 Dec 2022 | Others | ₹2.8 Cr | Open |
| 04 Mar 2021 | Hdfc Bank Limited | ₹65 Lakh | Open |
| 25 Feb 2020 | Sbicap Trustee Company Limited | ₹27 Cr | Open |
Total charge records: 13 View all charges
Deals & Funding of Grospinz Fabz Limited
Grospinz Fabz Limited has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹9.78 Cr; the latest was in February 2023.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Rights issue | ₹6 Cr | Investors: 2 individuals |
| Feb 2022 | Funding round | ₹4 Cr | Investors: 2 individuals |
| Mar 2018 | Rights issue | ₹2 Cr | Investors: Babu Lal Grover Huf, 3 individuals |
| Mar 2011 | Funding round | ₹5.41 Cr | Investors: A.R. Traders Private Limited, M L Traders Private Limited , 2 individuals |
| Mar 2008 | Funding round | ₹37 Lakh | Investors: 4 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Grospinz Fabz Limited
Grospinz Fabz Limited has 18 court cases on record: 10 filed by Grospinz Fabz, 8 filed against it. 1 case is pending and 17 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 0 |
| High courts | 8 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Tax appeal | Filed by the company against State of Punjab | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
| District court, Sabarkantha at Himmatnagar, Gujarat | Court case (TAPP-LC) | Filed against the company by an individual | Disposed |
Full case history
All 18 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.
Employees and EPFO Compliance at Grospinz Fabz Limited
Grospinz Fabz Limited has a workforce of 347 employees as of Mar 25, 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 Grospinz Fabz Limited
Grospinz Fabz Limited has 8 board changes on record since 2006: 5 appointments and 3 cessations. The latest: Rohit Kataria ceased to be Additional Director on 29 Sep 2024.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Grospinz Fabz 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 Grospinz Fabz 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 Grospinz Fabz 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 Grospinz Fabz Limited
Grospinz Fabz has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCG7565R1Z1 | Punjab | Active | 01 Jul 2017 |
| 03AACCG7565R2Z0 | Punjab | Active | 16 Apr 2025 |
| 24AACCG7565R1ZX | 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 Grospinz Fabz 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 Grospinz Fabz Limited
Grospinz Fabz is an active public limited company based in Muktsar, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 December 2006 (20+ years old) and is registered under CIN U17111PB2006PLC030726.
Grospinz Fabz reported revenue of ₹744.41 Cr for FY 2025 (up 33% YoY).
Grospinz Fabz has 5 current directors and KMP:
- Babu Lal Grover - Managing Director
- Rohit Kataria - Director
- Supneet Grover - Director
- Asha Rani Grover - Director
- Navneet Grover - Ceo
Grospinz Fabz reported a net profit of ₹10.75 Cr (net margin 1.4%) and EBITDA of ₹39.97 Cr (EBITDA margin 5.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grospinz Fabz is 15% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 33%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grospinz Fabz is 03AACCG7565R1Z1, registered in Punjab. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 03AACCG7565R2Z0 (Punjab), 24AACCG7565R1ZX (Gujarat).
The CIN (Corporate Identification Number) of Grospinz Fabz is U17111PB2006PLC030726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grospinz Fabz has 18 court cases on record: 10 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Grospinz Fabz was incorporated on 05 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chandigarh.
Grospinz Fabz has 7 deals on record (3 funding rounds, 3 rights issues, 1 secondary share transfer), with disclosed funding of ₹9.78 Cr; the latest was in February 2023.
The peers of Grospinz Fabz by revenue are Shaktigarh Textile & Industries Ltd, Gloster Limited, MVS Acmei Technologies Private Limited, Lucky Weavess India Private Limited, Shivalik Prints Limited and 5 more, all in the Manufacturing industry (Textiles).