Greyforce Industries Limited - Due diligence report

A 360° intelligence report on Greyforce Industries Limited: trust score, financial health, credit view, compliance, directors, growth and di…

2003-06-24 Kolkata, West Bengal Active Unlisted Active Compliant
GI Greyforce Industries Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Greyforce Industries Limited — 360° Intelligence Report

Generated from MCA filings & public records
83/100
Trust Score
Low Risk

Greyforce Industries Limited is assessed as Low Risk with a Trust Score of 83/100. Greyforce Industries Limited is an active public limited indian non-government company incorporated in 2003, operating in the Financial Services sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Greyforce Industries Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
83/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 65/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.
  • Externally credit-rated (B+).

Charges position: 13 open (30.53 cr) · 6 satisfied (7.59 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others14 48.0 cr
Bank Of India1 48.0 cr
Union Bank Of India1 48.0 cr
Bank Of Baroda2 48.0 cr
Hdb Financial Services Limited1 48.0 cr
Compliance Score: 80/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 3 court forum(s).
  • 3 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
DIVYANSH AGRAWAL 01234567 Director 01/04/2018 6 yrs Approved
Vijay Kumar Jain 01234567 Director 01/04/2018 6 yrs Approved
RAJESHWAR JAISWAL 01234567 Director 01/04/2018 6 yrs Approved
GAZAL AGRAWAL 01234567 Director 01/04/2018 6 yrs Approved
GYAN CHAND AGRAWAL 01234567 Director 01/04/2018 6 yrs Approved
ANIL KUMAR AGRAWAL 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 2 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Super Steel Casting Ltd Associate Company 74.00%
Jenco Developers Private Limited Associate Company 74.00%
Barun Electro Steel Private Limited Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Operating for 23+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
13 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence76/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment73/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 13 open charge(s) of 30.53 cr already registered.
  • Compliance record supports lending.
Investor view73/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
31 Oct 2025
Charge created
Others - 63.90 Lakh
Charge created
Others - 29.75 Lakh
30 Sep 2025
Charge created
Hdb Financial Services Limited - 27.00 Lakh
Last AGM held
Annual general meeting
30 Aug 2025
Charge created
Others - 45.00 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
03 Dec 2024
Director appointed
Vijay Kumar Jain (Director)
Director appointed
RAJESHWAR JAISWAL (Director)
30 Nov 2024
Charge created
Others - 32.00 Lakh
20 Jul 2023
Charge satisfied
Others
26 May 2023
Charge created
Bank Of India - 6.42 cr
15 Mar 2022
Charge created
Others - 36.97 Lakh
14 Mar 2022
Charge created
Others - 2.00 cr
10 Mar 2022
Charge created
Others - 3.33 cr
15 Oct 2020
Director ceased
VIKASH AGARWAL
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of B+ from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Theysohn Extrusionstechnik (India) Private Limited U73200PN2006PTC232964 Pune City, Maharashtra, India
Kaolin Techniques Private Limited U14220GJ2014PTC079248 Ahmedabad, Gujarat, India
Tirupati Foam L25199GJ1986PLC009071 Ahmedabad, Gujarat, India
Amco L74899DL1987PLC029035 New Delhi, Delhi, India
Hira Technologies Private Limited U29191PN2002PTC180235 Khed City, Maharashtra, India
Bajaj Polyblends Private Limited U51109WB1997PTC083994 Kolkata, West Bengal, India
Barflex L25209DL2005PLC132346 New Delhi, Delhi, India
Bang Data Forms Pvt Ltd U13999MH1989PTC052672 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Greyforce Industries Limited before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Greyforce Industries Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Greyforce Industries Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 83/100, distress signals and MSME payment-delay disclosures - know whether Greyforce Industries Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Greyforce Industries Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Greyforce Industries Limited an active company?

Greyforce Industries Limited has MCA status “Active” with a compliance score of 80/100 (Low Risk).

Is Greyforce Industries Limited financially healthy?

Greyforce Industries Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Greyforce Industries Limited?

Its overall Trust Score is 83/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Greyforce Industries Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 6 active director(s) are on record.

Does Greyforce Industries Limited have loans or charges against its assets?

13 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.

Is Greyforce Industries Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).

Is it risky to lend to Greyforce Industries Limited?

Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.