Pali Grover Textiles Private Limited
About Pali Grover Textiles Private Limited
Data last updated:
Pali Grover Textiles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 March 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH2004PTC145451. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.25 Lakh. It was led by directors Shrey Grover and Uday Kapilmuni Grover.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 17 Usha Kiran15 M L Dahamukar Marg, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.13 Lakh, a growth of 106% compared to the previous year. For the same year it recorded a net loss of ₹1,390 (net margin -1.2%) and EBITDA of -₹4,926 (EBITDA margin -4.4%).
Company details
Contact details
Pali Grover Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17 Usha Kiran15 M L Dahamukar Marg, Mumbai, Maharashtra, India – 400026
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Pali Grover Textiles 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 Pali Grover Textiles 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 |
Financials of Pali Grover Textiles Private Limited
FY 2022 filings availablePali Grover Textiles Private Limited reported revenue of ₹1.13 Lakh (up 106% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 106% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.13 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹4,926 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1,390 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.4% | |
| Net Profit Margin | -1.2% | |
| 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 Pali Grover Textiles Private Limited, buy the company report.
Board of directors of Pali Grover Textiles Private Limited
Pali Grover Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrey Grover | Director | 20 Jun 2015 | 11 Years 4 Months | As last reported |
| Uday Kapilmuni Grover | Director | 31 Mar 2004 | 22 Years 6 Months | As last reported |
Auditor
Pali Grover Textiles Private Limited is audited by Shekhar & Co. for the financial year 2014.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shekhar & Co. | FY 2014 |
Shareholding
The shareholding of Pali Grover Textiles 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 Pali Grover Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Pali Grover Textiles 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 Pali Grover Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pali Grover Textiles has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pali Grover Textiles Private Limited, buy the company report.
Recent activity
Pali Grover Textiles Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Shrey Grover ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Pali Grover Textiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Pali Grover Textiles was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 31 March 2004 and is registered under CIN U17120MH2004PTC145451. The company has been struck off by the Registrar of Companies and is no longer operational.
Pali Grover Textiles had 2 directors:
- Shrey Grover - Director
- Uday Kapilmuni Grover - Director
The CIN (Corporate Identification Number) of Pali Grover Textiles is U17120MH2004PTC145451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pali Grover Textiles is at 17 Usha Kiran15 M L Dahamukar Marg, Mumbai, Maharashtra, India – 400026.
Pali Grover Textiles was incorporated on 31 March 2004. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Pali Grover Textiles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Pali Grover Textiles has 1 GST registration on record and it is cancelled or inactive.
Pali Grover Textiles operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Shrey Grover ceased to be Additional Director on 30 Sep 2015. Anuradha Grover ceased to be Director on 26 Jun 2015. Shrey Grover was appointed as Director on 20 Jun 2015. Pali Grover Textiles has 4 board changes on record in total.