- Category
- Medium (2022-23)
- Udyam number
- UDYAM-TS-20-0003350

About Grip Strapping Technologies Private Limited
Data last updated:
Grip Strapping Technologies Private Limited is a private limited company based in Medchal, Telangana, India. It operates in the packaging machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U27109TG2005PTC047278. Its GSTIN is 36AACCG4120E1Z6 (Telangana). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.27 Cr. It is led by directors including Ananthapadmanaban Narasimman (Managing Director) and Hemant Lajpal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sy No.380 382 And 384 Nuthankal Village, Medchal, Telangana, India – 501401.
As per the financials filed for FY 2022, the company reported a revenue of ₹260.76 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹3.02 Cr (net margin 1.2%) and EBITDA of ₹10.45 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 19% over five years.
The company has about 545 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Grip Strapping Technologies. As per MCA filings, the company has open charges of ₹170.85 Cr and satisfied charges of ₹15.5 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.63 Cr; the latest was in March 2021. The company has 2 MSME Form 1 returns on record between 2020 and 2024, listing 20 overdue payments to 10 micro and small suppliers.
Grip Strapping Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0003350). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gripstrappingtech.com.
Company details
CIN history
Grip Strapping Technologies has one previous CIN (Corporate Identification Number): U27109AP2005PTC047278. The current CIN is U27109TG2005PTC047278, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109TG2005PTC047278 | Current |
| U27109AP2005PTC047278 | Previous |
Recognitions & Rankings of Grip Strapping Technologies
Contact details
Grip Strapping Technologies Private Limited's registered office is in Medchal, Telangana. Its website is gripstrappingtech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.380 382 And 384 Nuthankal Village, Medchal, Telangana, India – 501401
- IndustryMachinery and Equipment, Packaging Machinery & Equipment
To see the full contact details of Grip Strapping Technologies Private 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
Grip Strapping Technologies operates one associated brand: Grip Strapping Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Packaging solutions including strapping, machines, cranes, and lubricants for industrial use. | gripstrappingtech.com |
Financials of Grip Strapping Technologies Private Limited
FY 2025 filings availableGrip Strapping Technologies Private Limited reported revenue of ₹260.76 Cr (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 49% growth in the latest year. EBITDA rose 16% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹260.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.02 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Grip Strapping Technologies Private Limited, buy the company report.
Board of directors of Grip Strapping Technologies Private Limited
Grip Strapping Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Lajpal | Director | 29 Aug 2005 | 21 Years 1 Months | Current |
| Ananthapadmanaban Narasimman | Managing Director | 29 Aug 2005 | 21 Years 1 Months | Current |
| Muthu Mani Also directs: Techmech Cranes India Private Limited, Grip Engineers Private Limited, Grip Strapping Global Private Limited and 1 more | Director | 29 Aug 2005 | 21 Years 1 Months | Current |
Auditor
Grip Strapping Technologies Private Limited is audited by Mukesh M. Shah & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukesh M. Shah & Co. | FY 2022 | 106625W |
Shareholding
The shareholding of Grip Strapping Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grip Strapping Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2025 | 101232945 | Canara Bank | ₹10 Lakh | Open | |
| 08 Apr 2024 | 100908022 | Canara Bank | ₹50 Lakh | Open | |
| 28 Mar 2024 | 100898528 | Sidbi | ₹1.91 Cr | Open | |
| 07 Mar 2022 | 100558387 | Others | ₹24.45 Lakh | Open | |
| 05 Mar 2006 | 10002949 | Canara Bank | ₹168.1 Cr | Open |
To see the full charge records of Grip Strapping Technologies Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Grip Strapping Technologies Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.63 Cr; the latest was in March 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2014 | Funding round | ₹1.63 Cr | Investors: Cyklop Asia Pte Limited, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grip Strapping Technologies Private Limited has 6 court cases on record: 5 filed by Grip Strapping Technologies, 1 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against M/S. MVS Acmei Technologies Pvt. Ltd. and 1 other | Pending |
| District court, Hyderabad Central, Telangana | Court case (STC - NI) | Filed by the company against Srivalli Shipping and Transport Pvt. Ltd. Rep. by P.Babu Rao | Disposed |
| District court, Durg, Chhattisgarh | Court case (Contract Labour) | Filed against the company by an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against State of Andhra Pradesh | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Grip Strapping Technologies Private 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.
MSME payment delays
Grip Strapping Technologies Private Limited has 2 MSME Form 1 returns on record between 2020 and 2024, listing 20 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abbas Transport Company-Tg | |||
| Jaypee Daily Parcel Services | |||
| Associated Road Carriers Ltd | |||
| Shree Bajrangbali Saw Mills | |||
| NSK Engineering |
To see the full MSME payment records of Grip Strapping Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Grip Strapping Technologies Private Limited has a workforce of 545 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Grip Strapping Technologies has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCG4120E1Z6 | Telangana | Active | 01 Jul 2017 |
| 20AACCG4120E1ZJ | Jharkhand | Active | 01 Jul 2017 |
| 21AACCG4120E1ZH | Odisha | Active | 01 Jul 2017 |
| 29AACCG4120E1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grip Strapping Technologies Private Limited, buy the company report.
Recent activity
Grip Strapping Technologies Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Ananthapadmanaban Narasimman ceased to be Director on 06 Oct 2017.
5 earlier events are in the company report.
Frequently asked questions
Grip Strapping Technologies is an active private limited company based in Medchal, Telangana, India. The company works in packaging machinery and equipment, within the machinery and equipment industry. It was incorporated on 29 August 2005 (21+ years old) and is registered under CIN U27109TG2005PTC047278.
Grip Strapping Technologies has 3 current directors:
- Ananthapadmanaban Narasimman - Managing Director
- Hemant Lajpal - Director
- Muthu Mani - Director
The latest financial statements of Grip Strapping Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grip Strapping Technologies is 36AACCG4120E1Z6, registered in Telangana. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 20AACCG4120E1ZJ (Jharkhand), 21AACCG4120E1ZH (Odisha), 29AACCG4120E1Z1 (Karnataka).
The CIN (Corporate Identification Number) of Grip Strapping Technologies is U27109TG2005PTC047278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grip Strapping Technologies has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Grip Strapping Technologies was incorporated on 29 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Grip Strapping Technologies has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.63 Cr; the latest was in March 2021.
Ananthapadmanaban Narasimman ceased to be Director on 06 Oct 2017. Dwarkesh Lajpal ceased to be Director on 06 Dec 2010. Ranjit Arya ceased to be Director on 06 Dec 2010. Grip Strapping Technologies has 6 board changes on record in total.
Yes, Grip Strapping Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-20-0003350).
Grip Strapping Technologies has 2 MSME Form 1 returns on record between 2020 and 2024, listing 20 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.