Grind Master Machines Private Limited - Due diligence report

A 360° intelligence report on Grind Master Machines: trust score, financial health, credit view, compliance, directors, growth and distress …

1993-12-08 Aurangabad, Maharashtra Active Unlisted Active Compliant
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GM Grind Master Machines Private Limited
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Grind Master Machines — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Grind Master Machines is assessed as Low Risk with a Trust Score of 87/100. Grind Master Machines is an active private limited indian non-government company incorporated in 1993, operating in the Machinery and Equipment sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 09 Jul 2026 from the latest processed filings. Grind Master Machines Private 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
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
74/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
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 ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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
  • Negative operating earnings - debt service depends on external support.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 1 open (34.00 cr) · 13 satisfied (29.16 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited1 48.0 cr
Yes Bank Limited1 48.0 cr
Sidbi4 48.0 cr
Uti Bank Limited2 48.0 cr
United Western Bank Ltd.2 48.0 cr
Small Industries Development Bank Of India2 48.0 cr
Compliance Score: 74/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
Ravindra Pralhad Gokhale 01234567 Director 01/04/2018 6 yrs Approved
MILIND DINKAR KELKAR 01234567 Director 01/04/2018 6 yrs Approved
SAMEER MILIND KELKAR 01234567 Director 01/04/2018 6 yrs Approved
  • 3 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 2023 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
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Grind Master Machine Tools (beijing) Co. Ltd. Subsidiary Company 74.00%
Spms Sas Subsidiary Company 74.00%

Key managerial personnel: MILIND DINKAR KELKAR (Managing Director) · SAMEER MILIND KELKAR (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 80
Growth signals & trust indicators
Operating for 32+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
1 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence80/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment76/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 34.00 cr already registered.
  • Compliance record supports lending.
Investor view71/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
13 Nov 2025
Director appointed
SAMEER MILIND KELKAR (Whole-time director)
04 Mar 2025
Charge satisfied
Others
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
18 Mar 2024
Charge satisfied
Yes Bank Limited
06 Mar 2024
Director appointed
Ravindra Pralhad Gokhale (Additional Director)
03 Jan 2024
Charge satisfied
Sidbi
25 Nov 2022
Charge created
Yes Bank Limited - 10.00 cr
19 Jul 2022
Charge satisfied
Sidbi
06 Mar 2020
Charge created
Sidbi - 1.19 cr
01 Mar 2020
Director ceased
MOHINI MILIND KELKAR
15 Mar 2019
Charge created
Sidbi - 2.00 cr
31 Oct 2017
Charge satisfied
Small Industries Development Bank Of India
06 Oct 2017
Charge satisfied
Uti Bank Limited
28 Sep 2017
Charge created
Others - 20.00 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
7 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Jay Thakurji Multimetals Private Limited U74999PB2009PTC051502 Mandi Gobindgarh, Punjab, India
Pci Cables Industries Private Limited U74900WB2013PTC197061 Dankuni, West Bengal, India
Shree Krishana Recycling India Private Limited U28994UP2020PTC126015 Ghaziabad, Uttar Pradesh, India
Lahliwala Steels Pvt Ltd U27109WB2005PTC106712 Howrah, West Bengal, India
Gunina Alloy And Steel Private Limited U27109GJ2010PTC062178 Bhavnagar, Gujarat, India
Telecom Network Solutions Pvt. Ltd. U32202DL2001PTC112118 Delhi, Delhi, India
Kepco Alloys Private Limited U28999GJ2018PTC103069 Talod, Gujarat, India
Pawanjay Sponge Iron Limited U27102OR2000PLC006060 Panposh, Orissa, India
12

Who Uses This Report

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

Verify Grind Master Machines before audits and certifications: compliance score 74/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Grind Master Machines: 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 40/100, margin trends, ownership structure and peer set for Grind Master Machines - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Grind Master Machines pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Grind Master Machines - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Grind Master Machines an active company?

Grind Master Machines has MCA status “Active” with a compliance score of 74/100 (Moderate).

Is Grind Master Machines financially healthy?

Grind Master Machines has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Grind Master Machines?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Grind Master Machines?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Grind Master Machines have loans or charges against its assets?

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

Is Grind Master Machines up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 74/100 (Moderate).

Is it risky to lend to Grind Master Machines?

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.