Grover Stainless Private Limited

Grover Stainless Private Limited - engineering in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U27310DL2005PTC143501 Incorporated 09 December 2005 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company engineering
Data last updated
Revenue · FY 2025
₹41.32 Cr
▼ 8% YoY
Net profit · FY 2025
₹80.32 Lakh
Net margin 1.9%
EBITDA · FY 2025
₹1.7 Cr
EBITDA margin 4.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹8.45 Lakh
Issued & subscribed
Open charges
₹1.39 Cr
Satisfied ₹1.25 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
17
Provident fund records

About Grover Stainless Private Limited

Data last updated:

Grover Stainless Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 09 December 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27310DL2005PTC143501. Its GSTIN is 07AAGCA0043E1ZB (Delhi). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹8.45 Lakh. It was formerly known as A a S Infotech Private Limited. It is led by directors including Aman Grover and Ashok Grover.

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 E – 14 Sma Industrial Area G.T. Karnal Road, New Delhi, Delhi, India – 110033.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.32 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹80.32 Lakh (net margin 1.9%) and EBITDA of ₹1.7 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 18% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹1.39 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is 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 groverstainless.co.in.

Company details

CIN U27310DL2005PTC143501
Registration Number 143501
Incorporation Date 09 December 2005
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Grover Stainless has one previous CIN (Corporate Identification Number): U74899DL2005PTC143501. The current CIN is U27310DL2005PTC143501, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U27310DL2005PTC143501Current
U74899DL2005PTC143501Previous

Contact details

Grover Stainless Private Limited's registered office is in New Delhi, Delhi. Its website is groverstainless.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    E – 14 Sma Industrial Area G.T. Karnal Road, New Delhi, Delhi, India – 110033
  • Industry
    Engineering, Metal Foundry & Fabrication Services

To see the full contact details of Grover Stainless Private Limited, buy the company report.

Comprehensive company report
Grover Stainless Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Grover Stainless is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Grover Stainless Private Limited, buy the company report.

Financials of Grover Stainless Private Limited

FY 2024 filings available

Grover Stainless Private Limited reported revenue of ₹41.32 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹41.32 Cr ▼ 8%
Net profit · FY 2025
₹80.32 Lakh margin 1.9%
EBITDA · FY 2025
₹1.7 Cr margin 4.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 3%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 59%
5 years · compounded
▲ 15%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 77% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.7 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹80.32 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.1%
Net Profit Margin1.9%
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

To see the full financial statements and ratios of Grover Stainless Private Limited, buy the company report.

Board of directors of Grover Stainless Private Limited

Grover Stainless has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aman GroverDirector13 Mar 200818 Years 7 MonthsCurrent
Ashok GroverDirector13 Mar 200818 Years 7 MonthsCurrent
Rekha GroverDirector04 Dec 20187 Years 10 MonthsCurrent
Neha GroverDirector04 Dec 20187 Years 10 MonthsCurrent

Peer comparison

Grover Stainless Private Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Northern Castings Private Limited₹41.44 Cr (FY 2025)25.0%Bhiwadi, Rajasthan, India
Radhika Profiles Private Limited₹41.35 Cr (FY 2024)47.0%Raipur, Chhattisgarh, India
Grover Stainless Private Limitedthis company₹41.32 Cr (FY 2025)₹80.32 Lakh1.9%-8.0%17New Delhi, Delhi, India
Corewire Surface Technology Private Limited₹41.09 Cr (FY 2025)10.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Grover Stainless Private Limited, buy the company report.

Auditor

Grover Stainless Private Limited is audited by K P THAPAR & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
K P THAPAR & COFY 2023019073N

Shareholding

The shareholding of Grover Stainless Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Grover Stainless Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.39 Cr
Satisfied charges
₹1.25 Cr
Breakdown by lending institutions
Others₹1.08 Cr
Axis Bank Limited₹0.32 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Feb 2024100889698Others₹1.08 CrOpen
11 Mar 2020100331261Axis Bank Limited₹31.74 LakhOpen
23 Nov 201110319286Kotak Mahindra Bank Limited₹1.25 CrSatisfied

To see the full charge records of Grover Stainless Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Grover Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Grover Stainless Private Limited has a workforce of 17 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-10.53%

GST

Grover Stainless has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
07AAGCA0043E1ZBDelhiActive01 Jul 2017
08AAGCA0043E2Z8RajasthanActive13 Jul 2017
06AAGCA0043E1ZDHaryanaActive16 Jul 2019

To see the full GST registrations and return filing status of Grover Stainless Private Limited, buy the company report.

Recent activity

Grover Stainless Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Neha Grover ceased to be Additional Director on 30 Sep 2019.

AGM
Grover Stainless Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Grover Stainless Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 107.76 Lakh with Charge ID 100889698 was registered on 13 Feb 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 31.74 Lakh with Charge ID 100331261 was registered on 11 Mar 2020.
Ceased
Neha Grover ceased to be Additional Director.
Ceased
Rekha Grover ceased to be Additional Director.
Appointed
Neha Grover was appointed as Director.
Appointed
Rekha Grover was appointed as Director.
Charges
A charge registered on 23 Nov 2011 via Charge ID 10319286 with Kotak Mahindra Bank Limited was fully satisfied on 28 May 2018.
Charges
A charge with Kotak Mahindra Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 10319286 was registered on 23 Nov 2011.
Ceased
Aman Grover ceased to be Additional Director.
Ceased
Ashok Grover ceased to be Additional Director.

6 earlier events are in the company report.

Frequently asked questions

Grover Stainless is an active private limited company based in New Delhi, Delhi, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 09 December 2005 (21+ years old) and is registered under CIN U27310DL2005PTC143501.

Grover Stainless has 4 current directors:

The latest financial statements of Grover Stainless 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 Grover Stainless is 07AAGCA0043E1ZB, registered in Delhi. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAGCA0043E2Z8 (Rajasthan), 06AAGCA0043E1ZD (Haryana).

The CIN (Corporate Identification Number) of Grover Stainless is U27310DL2005PTC143501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grover Stainless has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the high courts.

Grover Stainless was incorporated on 09 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Grover Stainless by revenue are Northern Castings Private Limited, Radhika Profiles Private Limited, Corewire Surface Technology Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).

Neha Grover ceased to be Additional Director on 30 Sep 2019. Rekha Grover ceased to be Additional Director on 30 Sep 2019. Neha Grover was appointed as Director on 04 Dec 2018. Grover Stainless has 11 board changes on record in total.

Grover Stainless can be reached through the website groverstainless.co.in. Its registered office is in New Delhi, Delhi, India.

The registered office of Grover Stainless is at E – 14 Sma Industrial Area G.T. Karnal Road, New Delhi, Delhi, India – 110033.