About Grospinz Fabz Limited
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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 19 cases involving the company, including 10 filed by the company and 10 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 8 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 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.
Company details
Contact details
Grospinz Fabz Limited's registered office is in Muktsar, Punjab. Its website is grospinz.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNear Railway Crossing Factory Road, Muktsar, Punjab, India – 152026
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Grospinz Fabz Limited, buy the company report.
- 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
Brands
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
The main business activity of Grospinz Fabz is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Grospinz Fabz Limited, buy the company report.
Financials of Grospinz Fabz Limited
FY 2024 filings availableGrospinz Fabz Limited reported revenue of ₹744.41 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹39.97 Cr | ||||
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| Net Profit (PAT) | ₹10.75 Cr | ||||
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Financial Ratios
| 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% | ||||
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To see the full financial statements and ratios of Grospinz Fabz Limited, buy the company report.
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
Grospinz Fabz Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| 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 | ₹760.93 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, 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 Limitedthis company | ₹744.41 Cr (FY 2025) | ₹10.75 Cr | 1.4% | 33.0% | 347 | 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 | |||
| 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 |
To see the full peer comparison of Grospinz Fabz Limited, buy the company report.
Auditor
Grospinz Fabz Limited is audited by SINGH KULJIT AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH KULJIT AND ASSOCIATES | FY 2023 | 018984N |
Shareholding
The shareholding of Grospinz Fabz Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grospinz Fabz Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2023 | 100814935 | Others | ₹1.1 Cr | Open | |
| 16 Jan 2023 | 100667663 | Others | ₹7.7 Cr | Open | |
| 20 Dec 2022 | 100655526 | Others | ₹2.8 Cr | Open | |
| 04 Mar 2021 | 100430186 | Hdfc Bank Limited | ₹65 Lakh | Open | |
| 25 Feb 2020 | 100326897 | Sbicap Trustee Company Limited | ₹27 Cr | Open |
To see the full charge records of Grospinz Fabz Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
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 |
To see the full deal history of Grospinz Fabz Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grospinz Fabz Limited has 19 court cases on record: 10 filed by Grospinz Fabz, 10 filed against it. 1 case is pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 0 |
| High courts | 8 | 2 | 1 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed against the company by Grospinz Fabz Limited and 1 other | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Grospinz Fabz Limited and 4 others | Disposed |
| High Court, CHANDIGARH (UT) | Tax appeal | Filed by the company against State of Punjab and Others and 4 others | 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 |
To see the full case history of Grospinz Fabz Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Grospinz Fabz Limited was last rated by Icra on 11 Jan 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 11 Jan 2019 |
To see the full credit ratings and regulatory alerts of Grospinz Fabz Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grospinz Fabz Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grospinz Fabz Limited has a workforce of 347 employees on its EPFO records as of Mar 25, 2024, across 2 active EPFO establishments.
GST
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 |
To see the full GST registrations and return filing status of Grospinz Fabz Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 5 current directors and KMP:
- Babu Lal Grover - Managing Director
- Rohit Kataria - Director
- Supneet Grover - Director
- Asha Rani Grover - Director
- Navneet Grover - Ceo
The latest financial statements of Grospinz Fabz on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 19 court cases on record: 10 filed by the company and 10 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, Lucky Weavess India Private Limited, Shivalik Prints Limited, Texport Overseas Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Rohit Kataria ceased to be Additional Director on 29 Sep 2024. Rohit Kataria was appointed as Director on 31 Mar 2024. Navneet Grover was appointed as CEO on 02 Mar 2024. Grospinz Fabz has 8 board changes on record in total.
Grospinz Fabz can be reached through the website grospinz.com. Its registered office is in Muktsar, Punjab, India.