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Grp Limited
Founded in 1974, Grp Limited has been operating for more than 52 years. Grp Limited holds the CIN L25191GJ1974PLC002555 and registration number 2555. The organization is recorded as company limited by shares under Indian company law. Authorized capital of the company is recorded at ₹10.00 crore. Its paid up capital is ₹5.33 crore.
It deals mainly in manufacture of rubber and plastic products processes. The company’s registration location is Ahmedabad. Its official registered office is situated at Plot No.8,gidc Estate, Ankleshwar., Gujarat, India, 393002. It is an active company at present. Its PAN is registered as AAACG1890M. Grp Limited holds the LEI code 335800DGAS25S9DNRJ33. All official communications can be sent to ganesh.ghangurde@grpweb.com. Grp Limited’s leadership roster features Shilpa Narendra Mehta (CFO).
Company Overview
- CIN
- Date of Incorporation
- 28/06/1974
- Company Status
- Active
- RoC
- Ahmedabad
- Registration Number
- Balance sheet date
- 31/03/2025
- Company Category
- Company limited by shares
- Company Sub Category
- Non-government company
- Listed in Stock Exchange
- Yes
- Class of Company
- Public Limited Company
- LEI Number
- LEI Status
- Issued
- Authorized Capital
- ₹10,00,00,000.00
- Paid up Capital
- ₹5,33,33,320.00
- Activity
- Manufacture Of Rubber And Plastic Products
- ganesh.ghangurde@grpweb.com
- PAN
GST Numbers
| State | GST Number | Status |
|---|---|---|
| Gujarat | 24AAACG1890M1ZH | Active |
| Maharashtra | 27AAACG1890M2ZA | Active |
| 27AAACG1890M1ZB | Active | |
| Tamil Nadu | 33AAACG1890M1ZI | Inactive |
ISIN Numbers
| ISIN | Security | Interest Rate | Maturity Date | FISN | CFI |
|---|---|---|---|---|---|
| IN8137I01014 | GRP LIMITED EQ LISTING/TRADING APPROVAL AWAITED | - | 12/10/2026 | GRP LTD/SH VTG | ESVUFN |
| INE137I01015 | GRP LIMITED EQ | - | 12/10/2026 | GRP LTD/SH VTG | ESVUFN |
Balance Sheet
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2017 |
|---|---|---|---|---|---|---|
| Net PPE | ₹23,102.84L | ₹20,838.38L | ₹15,944.58L | ₹11,328.66L | ₹0.00L | ₹0.00L |
| Net Debt | ₹20,591.26L | ₹14,491.77L | ₹11,238.09L | ₹8,768.74L | ₹0.00L | ₹0.00L |
| Gross PPE | ₹41,156.32L | ₹37,484.12L | ₹31,581.65L | ₹25,816.93L | ₹0.00L | ₹0.00L |
| Inventory | ₹5,184.29L | ₹5,343.63L | ₹4,913.95L | ₹4,640.85L | ₹0.00L | ₹0.00L |
| Total Debt | ₹20,750.06L | ₹14,674.96L | ₹11,318.81L | ₹8,914.86L | ₹0.00L | ₹0.00L |
| Common Stock | ₹533.33L | ₹533.33L | ₹133.33L | ₹133.33L | ₹0.00L | ₹0.00L |
| Current Debt | ₹12,009.63L | ₹10,857.79L | ₹9,065.70L | ₹6,335.73L | ₹0.00L | ₹0.00L |
| Share Issued | ₹53.33L | ₹53.33L | ₹53.33L | ₹53.33L | ₹0.00L | ₹0.00L |
| Total Assets | ₹46,179.21L | ₹41,197.64L | ₹34,244.66L | ₹28,671.19L | ₹0.00L | ₹0.00L |
| Capital Stock | ₹533.33L | ₹533.33L | ₹133.33L | ₹133.33L | ₹0.00L | ₹0.00L |
| Long Term Debt | ₹8,629.09L | ₹3,759.29L | ₹2,190.71L | ₹2,492.91L | ₹0.00L | ₹0.00L |
| Current Assets | ₹21,808.38L | ₹19,342.75L | ₹17,359.20L | ₹16,195.32L | ₹0.00L | ₹0.00L |
| Prepaid Assets | ₹716.90L | ₹593.13L | ₹426.03L | ₹600.64L | ₹0.00L | ₹0.00L |
| Working Capital | ₹3,891.00L | ₹2,947.62L | ₹3,604.28L | ₹6,162.02L | ₹0.00L | ₹0.00L |
| Invested Capital | ₹38,474.88L | ₹33,780.40L | ₹27,930.21L | ₹23,570.37L | ₹0.00L | ₹0.00L |
| Other Properties | ₹22,523.35L | ₹18,105.82L | ₹15,839.70L | ₹10,226.79L | ₹0.00L | ₹0.00L |
| Retained Earnings | ₹11,879.56L | ₹12,355.74L | ₹9,900.02L | ₹8,038.56L | ₹0.00L | ₹0.00L |
| Common Stock Equity | ₹17,836.16L | ₹19,163.32L | ₹16,673.80L | ₹14,741.73L | ₹0.00L | ₹0.00L |
| Net Tangible Assets | ₹17,784.74L | ₹19,142.14L | ₹16,652.54L | ₹14,727.26L | ₹0.00L | ₹0.00L |
| Tangible Book Value | ₹17,784.74L | ₹19,142.14L | ₹16,652.54L | ₹14,727.26L | ₹0.00L | ₹0.00L |
| Current Liabilities | ₹17,917.38L | ₹16,395.13L | ₹13,754.92L | ₹10,033.30L | ₹0.00L | ₹0.00L |
| Stockholders Equity | ₹17,836.16L | ₹19,163.32L | ₹16,673.80L | ₹14,741.73L | ₹0.00L | ₹0.00L |
| Other Equity Interest | ₹189.00L | ₹46.72L | ₹0.01L | ₹14,608.40L | ₹0.00L | ₹0.00L |
| Total Capitalization | ₹26,465.25L | ₹22,922.61L | ₹18,864.51L | ₹17,234.64L | ₹0.00L | ₹0.00L |
| Hedging Assets Current | ₹0.00L | ₹6.04L | ₹113.24L | ₹103.27L | ₹0.00L | ₹0.00L |
| Investment Properties | ₹93.29L | ₹95.62L | ₹97.94L | ₹100.26L | ₹0.00L | ₹0.00L |
| Ordinary Shares Number | ₹53.33L | ₹53.33L | ₹53.33L | ₹53.33L | ₹0.00L | ₹0.00L |
| Other Intangible Assets | ₹51.42L | ₹21.18L | ₹21.26L | ₹14.47L | ₹0.00L | ₹0.00L |
| Other Non Current Assets | ₹0.01L | ₹536.51L | ₹1.01L | ₹0.01L | ₹0.00L | ₹0.00L |
| Total Non Current Assets | ₹24,370.84L | ₹21,854.89L | ₹16,886.38L | ₹12,475.86L | ₹0.00L | ₹0.00L |
| Cash And Cash Equivalents | ₹47.46L | ₹125.31L | ₹18.32L | ₹59.90L | ₹0.00L | ₹0.00L |
| Construction In Progress | ₹579.49L | ₹2,732.55L | ₹104.89L | ₹1,101.86L | ₹0.00L | ₹0.00L |
| Accumulated Depreciation | -₹18,053.48L | -₹16,645.74L | -₹15,637.07L | -₹14,488.27L | ₹0.00L | ₹0.00L |
| Additional Paid In Capital | ₹0.00L | ₹0.00L | ₹41.67L | ₹41.67L | ₹0.00L | ₹0.00L |
| Other Short Term Investments | ₹1,356.27L | ₹187.65L | ₹188.19L | ₹1,598.16L | ₹0.00L | ₹0.00L |
| Other Non Current Liabilities | -₹0.01L | ₹5.00L | ₹6.11L | ₹6.99L | ₹0.00L | ₹0.00L |
| Machinery Furniture Equipment | ₹27,588.37L | ₹23,797.69L | ₹21,989.09L | ₹17,971.17L | ₹0.00L | ₹0.00L |
| Goodwill And Other Intangible Assets | ₹51.42L | ₹21.18L | ₹21.26L | ₹14.47L | ₹0.00L | ₹0.00L |
| Total Equity Gross Minority Interest | ₹17,836.81L | ₹19,163.87L | ₹16,674.17L | ₹14,742.08L | ₹0.00L | ₹0.00L |
| Total Liabilities Net Minority Interest | ₹28,342.40L | ₹22,033.77L | ₹17,570.49L | ₹13,929.11L | ₹0.00L | ₹0.00L |
| Current Debt And Capital Lease Obligation | ₹12,045.65L | ₹10,889.35L | ₹9,094.19L | ₹6,370.95L | ₹0.00L | ₹0.00L |
| Long Term Debt And Capital Lease Obligation | ₹8,704.41L | ₹3,785.61L | ₹2,224.62L | ₹2,543.91L | ₹0.00L | ₹0.00L |
| Cash Cash Equivalents And Short Term Investments | ₹1,403.73L | ₹312.96L | ₹206.51L | ₹1,658.06L | ₹0.00L | ₹0.00L |
| Total Non Current Liabilities Net Minority Interest | ₹10,425.02L | ₹5,638.64L | ₹3,815.57L | ₹3,895.81L | ₹0.00L | ₹0.00L |
Cash Flow
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2017 |
|---|---|---|---|---|---|---|
| Net Income | ₹322.04L | ₹3,070.15L | ₹2,263.74L | ₹0.00L | ₹0.00L | ₹836.78L |
| Free Cash Flow | -₹1,648.27L | -₹2,131.31L | -₹3,028.19L | -₹505.78L | ₹0.00L | ₹0.00L |
| Changes In Cash | -₹56.49L | -₹118.52L | -₹41.58L | ₹30.26L | ₹0.00L | ₹0.00L |
| End Cash Position | -₹156.68L | -₹100.19L | ₹18.32L | ₹59.90L | ₹0.00L | ₹0.00L |
| Financing Cash Flow | ₹2,577.34L | ₹1,550.75L | ₹1,466.84L | -₹1,937.48L | ₹0.00L | ₹0.00L |
| Investing Cash Flow | -₹5,594.43L | -₹6,125.44L | -₹4,209.31L | -₹545.23L | ₹0.00L | ₹0.00L |
| Operating Cash Flow | ₹2,960.60L | ₹4,456.17L | ₹2,700.89L | ₹2,512.97L | ₹0.00L | ₹0.00L |
| Capital Expenditure | -₹4,608.87L | -₹6,587.48L | -₹5,729.08L | -₹3,018.75L | ₹0.00L | ₹0.00L |
| Beginning Cash Position | -₹100.19L | ₹18.32L | ₹59.90L | ₹29.64L | ₹0.00L | ₹0.00L |
Income Statement
| Metric | 31/03/2026 | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2017 |
|---|---|---|---|---|---|
| EBIT | ₹2,137.57L | ₹5,218.40L | ₹3,670.38L | ₹2,117.15L | ₹0.00L |
| Ebit | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| EBITDA | ₹4,003.24L | ₹6,820.15L | ₹4,917.32L | ₹3,367.67L | ₹0.00L |
| Basic EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Net Income | ₹322.04L | ₹3,070.15L | ₹2,263.72L | ₹1,394.83L | ₹836.78L |
| Diluted EPS | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Gross Profit | ₹12,465.92L | ₹12,922.82L | ₹12,628.51L | ₹14,331.40L | ₹0.00L |
| Pretax Income | ₹806.37L | ₹4,293.48L | ₹3,018.16L | ₹1,530.47L | ₹0.00L |
| Tax Provision | ₹484.23L | ₹1,223.16L | ₹754.42L | ₹135.65L | ₹0.00L |
| Total Revenue | ₹50,490.73L | ₹49,698.86L | ₹43,834.95L | ₹44,493.98L | ₹30,319.15L |
| Cost Of Revenue | ₹38,024.81L | ₹36,776.04L | ₹31,206.44L | ₹30,162.58L | ₹0.00L |
| Total Expenses | ₹47,745.76L | ₹44,699.26L | ₹40,334.31L | ₹43,404.98L | ₹0.00L |
| Interest Income | ₹9.50L | ₹26.31L | ₹13.09L | ₹47.56L | ₹0.00L |
| Interest Expense | ₹1,331.20L | ₹924.92L | ₹652.22L | ₹586.68L | ₹0.00L |
| Operating Income | ₹2,744.97L | ₹4,999.60L | ₹3,500.64L | ₹1,089.00L | ₹0.00L |
| Tax Rate For Calcs | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Income Tax Expense | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Normalized EBITDA | ₹4,094.39L | ₹6,922.42L | ₹5,129.84L | ₹2,719.85L | ₹0.00L |
| Normalized Income | ₹376.73L | ₹3,143.28L | ₹2,423.11L | ₹804.41L | ₹0.00L |
| Operating Expense | ₹9,720.95L | ₹7,923.22L | ₹9,127.87L | ₹13,242.40L | ₹0.00L |
| Operating Revenue | ₹50,490.73L | ₹49,698.86L | ₹43,834.95L | ₹44,493.98L | ₹0.00L |
| Net Interest Income | -₹1,425.25L | -₹1,003.45L | -₹712.77L | -₹602.09L | ₹0.00L |
| Total Unusual Items | -₹91.15L | -₹102.27L | -₹212.52L | ₹647.82L | ₹0.00L |
| Basic Average Shares | ₹53.33L | ₹53.33L | ₹53.33L | ₹53.33L | ₹0.00L |
| Diluted Average Shares | ₹53.33L | ₹53.33L | ₹53.33L | ₹53.33L | ₹0.00L |
| Total Other Finance Cost | ₹103.55L | ₹104.84L | ₹73.64L | ₹62.97L | ₹0.00L |
| Other Operating Expenses | ₹218.95L | ₹298.87L | ₹191.70L | ₹209.78L | ₹0.00L |
| Reconciled Depreciation | ₹1,865.67L | ₹1,601.75L | ₹1,246.94L | ₹1,250.52L | ₹0.00L |
| Total Operating Expenses | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Reconciled Cost Of Revenue | ₹38,024.81L | ₹36,776.04L | ₹31,206.44L | ₹30,162.58L | ₹0.00L |
| Rent Expense Supplemental | ₹5.44L | ₹3.33L | ₹9.16L | ₹31.94L | ₹0.00L |
| Tax Effect Of Unusual Items | -₹36.46L | -₹29.14L | -₹53.13L | ₹57.40L | ₹0.00L |
| Interest Income Non Operating | ₹9.50L | ₹26.31L | ₹13.09L | ₹47.56L | ₹0.00L |
| Selling And Marketing Expense | ₹3,234.54L | ₹3,908.65L | ₹3,431.79L | ₹6,285.08L | ₹0.00L |
| Interest Expense Non Operating | ₹1,331.20L | ₹924.92L | ₹652.22L | ₹586.68L | ₹0.00L |
| Net Income Common Stockholders | ₹322.04L | ₹3,070.15L | ₹2,263.72L | ₹1,394.83L | ₹0.00L |
| Net Income Continuous Operations | ₹322.14L | ₹3,070.32L | ₹2,263.74L | ₹1,394.82L | ₹0.00L |
| Diluted NIAvailto Com Stockholders | ₹322.04L | ₹3,070.15L | ₹2,263.72L | ₹1,394.83L | ₹0.00L |
| General And Administrative Expense | ₹1,336.82L | ₹1,312.17L | ₹1,138.21L | ₹911.27L | ₹0.00L |
| Selling General And Administration | ₹4,571.36L | ₹5,220.82L | ₹4,570.00L | ₹7,196.35L | ₹0.00L |
| Otherunder Preferred Stock Dividend | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L | ₹0.00L |
| Total Unusual Items Excluding Goodwill | -₹91.15L | -₹102.27L | -₹212.52L | ₹647.82L | ₹0.00L |
| Net Non Operating Interest Income Expense | -₹1,425.25L | -₹1,003.45L | -₹712.77L | -₹602.09L | ₹0.00L |
| Net Income Including Noncontrolling Interests | ₹322.14L | ₹3,070.32L | ₹2,263.74L | ₹1,394.82L | ₹0.00L |
| Net Income From Continuing And Discontinued Operation | ₹322.04L | ₹3,070.15L | ₹2,263.72L | ₹1,394.83L | ₹0.00L |
| Net Income From Continuing Operation Net Minority Interest | ₹322.04L | ₹3,070.15L | ₹2,263.72L | ₹1,394.83L | ₹0.00L |
Company Performance (FY17–FY26)
₹504.9 Cr₹378.7 Cr₹252.5 Cr₹126.2 Cr₹0
FY17FY23FY24FY25FY26
Directors
| Appointment | Director name | DIN | Designation | |
|---|---|---|---|---|
| 01/08/2010 | Rajendra Vadilal Gandhi | 00189197 | Director | View other directorships |
| 16/06/2012 | Harsh Gandhi | 00133091 | Managing Director | View other directorships |
| 12/09/2017 | Saurabh Surendra Shah | 02094645 | Director | View other directorships |
| 07/08/2018 | Shilpa Narendra Mehta | *****2496M | CFO | |
| 08/06/2022 | Jyoti Sancheti | *****3921H | Company Secretary | |
| 22/08/2022 | Vivek Gul Asrani | 00114447 | Director | View other directorships |
| 22/08/2022 | Anshul Mittal | 00139786 | Director | View other directorships |
| 22/08/2022 | Hemal Harsh Gandhi | 01444424 | Whole-time director | View other directorships |
| 09/05/2025 | Belur Krishna Murthy Sethuram | 03498701 | Director | View other directorships |
Business Network
CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership
Directors 9
- Harsh GandhiManaging Director
- Hemal Harsh GandhiWhole-time director
- Belur Krishna Murthy SethuramDirector
- Anshul MittalDirector
- Vivek Gul AsraniDirector
- Saurabh Surendra ShahDirector
- Rajendra Vadilal GandhiDirector
- Jyoti SanchetiCompany Secretary
- Shilpa Narendra MehtaCFO
Subsidiaries 1
- Grp Circular Solutions LimitedDirect
Latest Documents
Category:
| Date | Title | Size |
|---|---|---|
| 28/10/2024 | Form MGT-7-24092024 | - |
| 29/08/2024 | Form AOC-4(XBRL)-29082024_signed | - |
| 20/02/2024 | Form Addendum to AOC-4 CSR-20022024_signed | - |
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| Captain Pipes Limited | L25191GJ2010PLC059094 | Survey No-257, Plot No. 23 To 28, N.h. No. 8-b, Shapar (veraval), Rajkot, Rajkot, Gujarat, India, 360002 |
| M M Rubber Company Limited | L25190KA1964PLC052092 | Empire Infantry, 3rd Floor No.29, Infantry Road, Bangalore, Karnataka, India, 560001 |
| Mahalaxmi Rubtech Ltd | L25190GJ1991PLC016327 | Mahalaxmi House, Ysl Avenue, Opp. Ketav Petrol Pump, Ambawadi, Polytechnic (ahmedabad), Ahmedabad, Ahmadabad City, Gujarat, India, 380015 |
| Rishiroop Rubber (international) Limited | L25191GJ1990PLC017657 | Plot No-5807/08;g I D C; Industrial Estate; Ankleshwarar; Bharuch; Gujarat; 393002; India |
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Direct/Ultimate Children
| Type | Legal Name | LEI code |
|---|---|---|
| Direct | Grp Circular Solutions Limited | 9845009BFCBB3B9S7A81 |
Address
Plot No.8,gidc Estate, Ankleshwar., Gujarat, India, 393002
Frequently Asked Questions
What is the incorporation date of Grp Limited?
The incorporation date of Grp Limited is 28/06/1974.
What is the authorized share capital and paid-up capital of Grp Limited?
The authorized share capital of Grp Limited is ₹10,00,00,000.00. The paid-up capital is ₹5,33,33,320.00.
Who are the current board members & directors of Grp Limited?
The current board member of Grp Limited are:
- Saurabh Surendra Shah
- Harsh Gandhi
- Rajendra Vadilal Gandhi
- Vivek Gul Asrani
- Anshul Mittal
- Hemal Harsh Gandhi
- Belur Krishna Murthy Sethuram
What is the registered address of Grp Limited?
The registered address of Grp Limited is Plot No.8,gidc Estate, Ankleshwar., Gujarat, India, 393002.
What is the Corporate Identification Number of Grp Limited?
The Corporate Identification Number of Grp Limited is L25191GJ1974PLC002555.