About Grandeur Products Limited
Data last updated:
Grandeur Products Limited was a public limited company based in Hyderabad, Telangana, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the seed production and distribution segment of the agriculture sector. It was incorporated on 03 January 1983.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN L15500TG1983PLC110115. Its GSTIN is 36AAACV8476E1Z2 (Telangana). It is recorded as listed by MCA, but its shares were delisted from BSE on 03 Jan 2022 · merger, and no longer trade on a stock exchange.
The company had an authorised share capital of ₹30 Cr and a paid-up capital of ₹25.16 Cr. It was formerly known as Chhajer Commercial Company Limited and Bul Steels and Energy Limited. It was led by directors including Vijay Kumar Deekonda (Whole-Time Director) and Sridevi Dasari.
Its last annual general meeting (AGM) was held on 21 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2021, the company reported a revenue of ₹58.37 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹6.27 Cr (net margin -10.7%) and EBITDA of -₹21.06 Lakh (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 29% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries and 1 joint venture.
The company was associated with 2 brands: Grandeur Products and Tierra Seed Science. As per MCA filings, the company had satisfied charges of ₹20.31 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company. The company has 3 deals on record (3 market trades); the latest was in October 2017.
The last known website on record is grandeurproducts.com.
Company details
Name history
Grandeur Products has undergone 3 name changes throughout its history. The company was previously known as Chhajer Commercial Company Limited, Bul Steels And Energy Limited, and Vidyut Commercial Ltd.. The current legal name is Grandeur Products Limited.
| Company Name | Status |
|---|---|
| Grandeur Products Limited | Current |
| Chhajer Commercial Company Limited | Previous |
| Bul Steels And Energy Limited | Previous |
| Vidyut Commercial Ltd. | Previous |
CIN history
Grandeur Products has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L15500TG1983PLC110115, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L15500TG1983PLC110115 | Current |
| L52335WB1983PLC035627 | Previous |
| U52335WB1983PLC035627 | Previous |
| L15500WB1983PLC035627 | Previous |
Contact details
Grandeur Products Limited's registered office is in Hyderabad, Telangana. Its website is grandeurproducts.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor Sravana Complex Kamalapuri Colony Lane Next To Lvprasad Hospital Road.No.2 Ba, Njarahills, Hyderabad, Telangana, India – 500034
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Grandeur Products 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
Grandeur Products operates two associated brands: Grandeur Products and Tierra Seed Science. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty coffee and FMCG products are produced and exported globally. | grandeurproducts.com | |
| Non genetically modified hybrid seeds of tomato, cotton, rice, and corn. | tierraseedscience.com |
Financials of Grandeur Products Limited
FY 2021 filings availableGrandeur Products Limited reported revenue of ₹58.37 Cr (down 41% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 41% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 103% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹21.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.27 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -10.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Grandeur Products Limited, buy the company report.
Board of directors of Grandeur Products Limited
Grandeur Products has 8 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridevi Dasari | Director | 31 May 2016 | 10 Years 5 Months | As last reported |
| Suryanarayana Simhadri Also directs: Tierra Agrotech Limited, Lakshmi Finance and Industrial Corporation Ltd, Sspdl Limited and 3 more | Director | 04 Feb 2021 | 5 Years 9 Months | As last reported |
| Srinivasa Rao Paturi | Director | 04 Feb 2021 | 5 Years 9 Months | As last reported |
| Suresh Atluri Also directs: Turmeric Assets LLP, Evisca Agro Science Private Limited, Chimaera Agritech Private Limited and 2 more | Director | 30 Sep 2019 | 7 Years 1 Months | As last reported |
| Vijay Kumar Deekonda Also directs: Tierra Agrotech Limited, Tidas Agrotech Private Limited | Whole-Time Director | 01 Oct 2014 | 12 Years 1 Months | As last reported |
| Venkata Krishna Rau Gogineni | Director | 04 Feb 2021 | 5 Years 9 Months | As last reported |
Auditor
Grandeur Products Limited is audited by Ramasamy Koteswara Rao & Co. for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramasamy Koteswara Rao & Co. | FY 2020 | 010396S/S200084 |
Shareholding
The shareholding of Grandeur Products Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grandeur Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2020 | 100372180 | Others | ₹1.81 Cr | Satisfied | |
| 29 Aug 2018 | 100202007 | Others | ₹7.5 Cr | Satisfied | |
| 15 Dec 2017 | 100165354 | Others | ₹5 Cr | Satisfied | |
| 13 Sep 2016 | 100051356 | Others | ₹6 Cr | Satisfied |
To see the full charge records of Grandeur Products Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Grandeur Products Limited has 3 deals on record (3 market trades); the latest was in October 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Market trade | ₹70.3 Lakh | Buyer: an individual |
| Sep 2017 | Market trade | ₹54.9 Lakh | Buyer: an individual Seller: Veda Equity Services Private Limited |
| Mar 2017 | Market trade | ₹4.5 Cr | Buyer: 4 individuals Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grandeur Products Limited has 3 court cases on record: 3 filed by Grandeur Products. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against M/S. Imi Software Ltd. | Disposed |
| NCLT, Hyderabad | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Grandeur Products 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
No delayed payments to MSME suppliers are on our record for Grandeur Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Grandeur Products has 2 subsidiary companies and 1 joint venture. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Tierra Agrotech Private Limited | U01119TG2013PTC090004 | |
| Tierra Seed Science Private Limited | U01403TG2012PTC078361 |
To see the full group structure of Grandeur Products Limited, buy the company report.
Employees & EPFO
Grandeur Products Limited has a workforce of 2 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Grandeur Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACV8476E1Z2 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grandeur Products Limited, buy the company report.
Recent activity
Grandeur Products Limited has 34 board changes on record since 2000: 21 appointments and 13 cessations. The latest: Venkatesh Achanta ceased to be Director on 18 Aug 2021.
33 earlier events are in the company report.
Frequently asked questions
Grandeur Products has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Grandeur Products was a public limited company based in Hyderabad, Telangana, India. The company worked in seed production and distribution, within the agriculture industry. It was incorporated on 03 January 1983 and is registered under CIN L15500TG1983PLC110115. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Grandeur Products was incorporated on 03 January 1983. It is registered with the Registrar of Companies, Hyderabad.
Grandeur Products had 8 directors:
- Vijay Kumar Deekonda - Whole-Time Director
- Sridevi Dasari - Director
- Suryanarayana Simhadri - Director
- Srinivasa Rao Paturi - Director
- Suresh Atluri - Director
- Venkata Krishna Rau Gogineni - Director
- Bandi Mohan Krishna - Director
- Ramesh Babu Nemani - Director
The CIN (Corporate Identification Number) of Grandeur Products is L15500TG1983PLC110115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grandeur Products is recorded as a listed company by MCA, but its shares were delisted from BSE on 03 Jan 2022 · merger, and no longer trade on a stock exchange.
The registered office of Grandeur Products is at 1st Floor Sravana Complex Kamalapuri Colony Lane Next To Lvprasad Hospital Road.No.2 Ba, Njarahills, Hyderabad, Telangana, India – 500034.
Grandeur Products can be reached through the website grandeurproducts.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Grandeur Products on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 21 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Grandeur Products is 36AAACV8476E1Z2, registered in Telangana.
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