Grid India Power Cables Private Limited

Grid India Power Cables Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74999DL1996PTC083590 Incorporated 03 December 1996 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company manufacturing MSME · Small
Data last updated
Revenue · FY 2022
₹10.74 Cr
▼ 70% YoY
Net loss · FY 2022
₹47.49 Lakh
Net margin -4.4%
EBITDA · FY 2022
₹1.4 Cr
EBITDA margin 13%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.38 Cr
Issued & subscribed
Open charges
₹34.65 Cr
Satisfied ₹8.21 Cr
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings

About Grid India Power Cables Private Limited

Data last updated:

Grid India Power Cables Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power cables segment of the manufacturing sector. It was incorporated on 03 December 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1996PTC083590. Its GSTIN is 02AABCG0293K1ZV (Himachal Pradesh). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.38 Cr. It is led by directors Anu Gupta and Rajesh Kumar Gupta (Person Incharge).

Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A – 2/121 Janak Puri, New Delhi, Delhi, India – 110058.

As per the financials filed for FY 2022, the company reported a revenue of ₹10.74 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹47.49 Lakh (net margin -4.4%) and EBITDA of ₹1.4 Cr (EBITDA margin 13%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 55% over five years.

As per MCA filings, the company has open charges of ₹34.65 Cr and satisfied charges of ₹8.21 Cr on record. Court records list 68 cases involving the company, including 13 filed by the company and 55 filed against it; 6 cases are pending. The company has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.18 Cr; the latest was in March 2020.

Grid India Power Cables Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0020675). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gridcables.com.

Company details

CIN U74999DL1996PTC083590
Registration Number 083590
Incorporation Date 03 December 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-05-0020675

CIN history

Grid India Power Cables has one previous CIN (Corporate Identification Number): U99999DL1996PTC083590. The current CIN is U74999DL1996PTC083590, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999DL1996PTC083590Current
U99999DL1996PTC083590Previous

Recognitions & Rankings of Grid India Power Cables

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-HR-05-0020675

Contact details

Grid India Power Cables Private Limited's registered office is in New Delhi, Delhi. Its website is gridcables.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    A – 2/121 Janak Puri, New Delhi, Delhi, India – 110058
  • Industry
    Manufacturing, Power Cables

To see the full contact details of Grid India Power Cables Private Limited, buy the company report.

Comprehensive company report
Grid India Power Cables 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 activities of Grid India Power Cables are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Grid India Power Cables Private Limited, buy the company report.

Financials of Grid India Power Cables Private Limited

FY 2023 filings available

Grid India Power Cables Private Limited reported revenue of ₹10.74 Cr (down 70% YoY) for FY 2022.

Revenue · FY 2022
₹10.74 Cr ▼ 70%
Net loss · FY 2022
₹47.49 Lakh margin -4.4%
EBITDA · FY 2022
₹1.4 Cr margin 13%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▼ 42%
5 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▲ 295%
3 years · compounded
▼ 7%
5 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 70% fall in the latest year. EBITDA rose 295% 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹10.74 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.4 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹47.49 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin13%
Net Profit Margin-4.4%
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

To see the full financial statements and ratios of Grid India Power Cables Private Limited, buy the company report.

Board of directors of Grid India Power Cables Private Limited

Grid India Power Cables has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anu GuptaDirector26 Dec 201213 Years 10 MonthsCurrent
Rajesh Kumar GuptaPerson Incharge06 Feb 201214 Years 8 MonthsCurrent

Auditor

Grid India Power Cables Private Limited is audited by Ashok Arora & Co. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Ashok Arora & Co.FY 2022005266N

Shareholding

The shareholding of Grid India Power Cables Private 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Grid India Power Cables Private Limited, buy the company report.

Charges & borrowings

Open charges
₹34.65 Cr
Satisfied charges
₹8.21 Cr
Breakdown by lending institutions
Allahabad Bank (Lead Bank)₹17.96 Cr
Allahabad Bank₹11.49 Cr
Canara Bank₹2.70 Cr
Bank of Maharashtra₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Apr 201310425636Allahabad Bank (Lead Bank)₹17.96 CrOpen
21 Jan 201310403002Bank of Maharashtra₹2.5 CrOpen
28 May 201210357771Allahabad Bank₹65 LakhOpen
18 Jun 201010230222Allahabad Bank₹10 CrOpen
18 Jun 201010229404Allahabad Bank₹73 LakhOpen

To see the full charge records of Grid India Power Cables Private Limited, buy the company report.

Total charge records: 14 View all charges

Deals & funding

Grid India Power Cables Private Limited has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.18 Cr; the latest was in March 2020.

Total deals
5
Secondary share transfers
2
Funding rounds
2
Rights issue
1
Disclosed funding
₹1.18 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Mar 2020Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2015Rights issue₹15 LakhInvestors: an individual
Dec 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Dec 2011Funding round₹1.09 CrInvestors: 2 individuals
Jun 2009Funding round₹9.4 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Grid India Power Cables has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
02AABCG0293K1ZVHimachal PradeshActive01 Jul 2017
06AABCG0293K1ZNHaryanaActive01 Jul 2017

To see the full GST registrations and return filing status of Grid India Power Cables Private Limited, buy the company report.

Recent activity

Grid India Power Cables Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Anu Gupta ceased to be Additional Director on 30 Sep 2013.

AGM
Grid India Power Cables Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Grid India Power Cables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Charges
A charge with Allahabad Bank (Lead Bank) of Rs. 17.96 Cr registered on 13 Apr 2013 with Charge ID 10425636 was modified on 25 Jan 2014.
Ceased
Anu Gupta ceased to be Additional Director.
Charges
A charge with Allahabad Bank (Lead Bank) amounted to Rs. 17.96 Cr with Charge ID 10425636 was registered on 13 Apr 2013.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 2.50 Cr with Charge ID 10403002 was registered on 21 Jan 2013.
Appointed
Anu Gupta was appointed as Director.
Ceased
Bimla Devi ceased to be Director.
Charges
A charge with Allahabad Bank amounted to Rs. 0.65 Cr with Charge ID 10357771 was registered on 28 May 2012.
Appointed
Rajesh Kumar Gupta was appointed as Person Incharge.
Charges
A charge registered on 22 Oct 2009 via Charge ID 10183616 with Canara Bank was fully satisfied on 05 Jul 2010.
Charges
A charge registered on 18 Mar 2008 via Charge ID 10102413 with Canara Bank was fully satisfied on 05 Jul 2010.

22 earlier events are in the company report.

Frequently asked questions

Grid India Power Cables is an active private limited company based in New Delhi, Delhi, India. The company works in power cables, within the manufacturing industry. It was incorporated on 03 December 1996 (30+ years old) and is registered under CIN U74999DL1996PTC083590.

Grid India Power Cables has 2 current directors:

The latest financial statements of Grid India Power Cables on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Grid India Power Cables is 02AABCG0293K1ZV, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCG0293K1ZN (Haryana).

The CIN (Corporate Identification Number) of Grid India Power Cables is U74999DL1996PTC083590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Grid India Power Cables has 68 court cases on record: 13 filed by the company and 55 filed against it. 6 are pending. Most are in the district courts.

Grid India Power Cables was incorporated on 03 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.

Grid India Power Cables has 5 deals on record (2 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.18 Cr; the latest was in March 2020.

Anu Gupta ceased to be Additional Director on 30 Sep 2013. Anu Gupta was appointed as Director on 26 Dec 2012. Bimla Devi ceased to be Director on 26 Dec 2012. Grid India Power Cables has 4 board changes on record in total.

Yes, Grid India Power Cables is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0020675).