Grover Spinners Pvt Ltd - Company Profile

It is a manufacturing private limited company based in Punjab, Punjab, India, established in 1984.
1984 Punjab, Punjab, India Active
Last Updated:
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About Grover Spinners Pvt Ltd

Grover Spinners Pvt Ltd, a active private limited company, was established on 17 September 1984 in Punjab, Punjab, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17115PB1984PTC005943. Registered under ROC Roc Chandigarh. it is unlisted. It has an authorized capital of ₹8.00 M and a paid-up capital of ₹7.61 M.

It upholds a active non-compliant status. Its leadership includes Vijay Pal Arora (Director), Vivek Arora (Director), Naresh Kumar Arora Alias Grover (Director). It holds ₹25.34 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2017, with the balance sheet filed on 31 March 2017. It is based at Grover Buildingkatra Ahluwalia Amritsar, Punjab, Punjab.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17115PB1984PTC005943

  • Registration Number

    005943

  • Incorporation Date

    17 September 1984

  • Authorized Capital

    ₹8.00 M

  • Paid-Up Capital

    ₹7.61 M

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.61 M
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 25.34 Cr
  • Revenue Growth **** 3.05%
  • Profit Growth **** -490.85%
  • Ebitda **** -29.83%
  • Net Worth -3.82%
  • Total Assets -2.38%
Company report

Grover Spinners Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grover Spinners Pvt Ltd — 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 Grover Spinners Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Vijay Pal Arora Director 17 Sep 1984 Current
Vivek Arora Director 16 Jan 2006 Current
Naresh Kumar Arora Alias Grover Director 29 Dec 2006 Current

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Financial Performance of Grover Spinners.

Grover Spinners Pvt Ltd, for the financial year ended 2017, experienced modest growth in revenue, with a 3.05% increase. The company also saw a substantial fall in profitability, with a 490.85% decrease in profit. The company's net worth dipped by a decrease of 3.82%.

Grover Spinners revenue growth over time
Grover Spinners 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
********
 3.05%
*******
*******
*******
*******
Revenue from Operations
*******
 2.55%
*******
*******
*******
*******
Total Assets
*******
 -2.38%
*******
*******
*******
*******
Profit or Loss
*******
 -490.85%
*******
*******
*******
*******
Net Worth
*******
 -3.82%
*******
*******
*******
*******
EBITDA
*******
 -29.83%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grover Spinners?

In 2017, Grover Spinners 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

₹253,358,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Oriental Bank Of Commerce : 23.94 Cr
  • Others : 1.40 Cr
Latest Charge Details
Date Lender Amount Status
21 Aug 2014 Oriental Bank Of Commerce ₹6.00 M Open
18 Aug 2011 Oriental Bank Of Commerce ₹3.72 Cr Open
03 Aug 2009 Oriental Bank Of Commerce ₹3.26 Cr Open
03 Aug 2009 Others ₹1.40 Cr Open
03 Aug 2009 Oriental Bank Of Commerce ₹6.40 M Open

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How Many Employees Work at Grover Spinners?

Grover Spinners has a workforce of 0 employees as of Apr 07, 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 Grover Spinners, 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 Grover Spinners'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 Grover Spinners
Recent Activity within the Organization
  • Annual General Meeting

    Grover Spinners Pvt Ltd last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Grover Spinners Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Chandigarh. was documented.

  • Charges

    The activity A charge with Others of Rs. 14.00 M registered on 03 Aug 2009 with Charge ID 10172780 was modified on 05 Mar 2016. was completed.

  • Charges

    The activity A charge with Oriental Bank Of Commerce amounted to Rs. 6.00 M with Charge ID 10546502 was registered on 21 Aug 2014. was completed.

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 12.00 M registered on 18 Apr 2006 with Charge ID 80015455 was modified on 18 Oct 2012. was recorded as a recent event.

  • Charges

    Progress on A charge with Oriental Bank Of Commerce of Rs. 37.20 M registered on 18 Aug 2011 with Charge ID 10306471 was modified on 29 Jun 2012. was documented.

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Frequently Asked Questions
What is the CIN of Grover Spinners Pvt Ltd?

The CIN of Grover Spinners Pvt Ltd is U17115PB1984PTC005943.

Where is Grover Spinners Pvt Ltd headquartered?

Grover Spinners Pvt Ltd is headquartered at Grover Buildingkatra Ahluwalia Amritsar, Punjab, Punjab.

When was Grover Spinners Pvt Ltd incorporated?

Grover Spinners Pvt Ltd was incorporated on 17 September 1984.

Who are the current directors of Grover Spinners Pvt Ltd?

The current directors of Grover Spinners Pvt Ltd are

What is the primary industry of Grover Spinners Pvt Ltd?

The primary industry of Grover Spinners Pvt Ltd is Manufacturing.

Is Grover Spinners Pvt Ltd a listed company?

Grover Spinners Pvt Ltd is unlisted.

What is the capital structure of Grover Spinners Pvt Ltd?

The authorized capital of Grover Spinners Pvt Ltd is ₹8.00 M, and the paid-up capital is ₹7.61 M.

What is the compliance status of Grover Spinners Pvt Ltd?

The compliance status of Grover Spinners Pvt Ltd is Active Non-Compliant.

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