
About Namgrass India Private Limited
Data last updated:
Namgrass India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ2012PTC071728. Its GSTIN is 24AAECN0962D1ZU (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hiral Prayaswin Shah and Prayaswin Bharatkumar Shah.
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 A – 407 Premium House Nr. Gandhigram Rly. Station Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.67 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Lakh (net margin 97.5%) and EBITDA of ₹2.61 Lakh (EBITDA margin 97.5%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 56% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website namgrass.com.
Company details
Contact details
Namgrass India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is namgrass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 407 Premium House Nr. Gandhigram Rly. Station Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Namgrass India 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
Business activity
The main business activity of Namgrass India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Namgrass India Private Limited, buy the company report.
Financials of Namgrass India Private Limited
FY 2024 filings availableNamgrass India Private Limited reported revenue of ₹2.67 Lakh (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 81% fall in the latest year. EBITDA rose 162% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.5% | ||||
| Net Profit Margin | 97.5% | ||||
| 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 Namgrass India Private Limited, buy the company report.
Board of directors of Namgrass India Private Limited
Namgrass India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiral Prayaswin Shah | Director | 28 Aug 2012 | 14 Years 2 Months | Current |
| Prayaswin Bharatkumar Shah | Director | 28 Aug 2012 | 14 Years 2 Months | Current |
Peer comparison
Namgrass India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meridian Tyres Private Limited | ₹2.68 Lakh (FY 2020) | -63.0% | Kollam, Kerala, India | |||
| Sarohari Namkeen Products Private Limited | ₹2.68 Lakh (FY 2019) | Pune, Maharashtra, India | ||||
| Trple Seven Retail Private Limited | ₹2.68 Lakh (FY 2025) | -71.0% | Noida, Uttar Pradesh, India | |||
| Adamya Bags Trading Private Limited | ₹2.68 Lakh (FY 2024) | -92.0% | Indore, Madhya Pradesh, India | |||
| Evanii Security Services Private Limited | ₹2.68 Lakh (FY 2024) | -92.0% | Jammu, Jammu and Kashmir, India | |||
| Namgrass India Private Limitedthis company | ₹2.67 Lakh (FY 2024) | ₹2.61 Lakh | 97.5% | -81.0% | Ahmedabad, Gujarat, India | |
| Magnate Corporation Private Limited | ₹2.67 Lakh (FY 2017) | Delhi, India | ||||
| Earth Cooling Systems Private Limited | ₹2.67 Lakh (FY 2024) | 211.0% | Greater Noida, Uttar Pradesh, India | |||
| Avecia Biological Private Limited | ₹2.67 Lakh (FY 2022) | 8.0% | Delhi, India | |||
| Oh My Granola Private Limited | ₹2.67 Lakh (FY 2024) | 53.0% | Bengaluru, Karnataka, India | |||
| Pet Radiopharmacy Private Limited | ₹2.67 Lakh (FY 2019) | New Delhi, Delhi, India |
To see the full peer comparison of Namgrass India Private Limited, buy the company report.
Auditor
Namgrass India Private Limited is audited by G.P.SHETH & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G.P.SHETH & CO. | FY 2017 | 110054W |
Shareholding
The shareholding of Namgrass India Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Namgrass India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Namgrass India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Namgrass India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Namgrass India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN0962D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Namgrass India Private Limited, buy the company report.
Recent activity
Namgrass India Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Bharatkumar Shah ceased to be Director on 27 Sep 2022.
Frequently asked questions
Namgrass India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 28 August 2012 (14+ years old) and is registered under CIN U36100GJ2012PTC071728.
Namgrass India has 2 current directors:
- Hiral Prayaswin Shah - Director
- Prayaswin Bharatkumar Shah - Director
The latest financial statements of Namgrass India 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 Namgrass India is 24AAECN0962D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Namgrass India is U36100GJ2012PTC071728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Namgrass India was incorporated on 28 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Namgrass India by revenue are Meridian Tyres Private Limited, Sarohari Namkeen Products Private Limited, Trple Seven Retail Private Limited, Adamya Bags Trading Private Limited, Evanii Security Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Bharatkumar Shah ceased to be Director on 27 Sep 2022. Rajeshree Shah ceased to be Director on 27 Sep 2022. Anar Bharatkumar Shah ceased to be Director on 30 Mar 2017. Namgrass India has 5 board changes on record in total.
Namgrass India can be reached through the website namgrass.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Namgrass India is at A – 407 Premium House Nr. Gandhigram Rly. Station Navrangpura, Ahmedabad, Gujarat, India – 380009.
Namgrass India operates in the trading industry, in the other wholesale segment.

