Grip Polymers Ltd - Due diligence report

A 360° intelligence report on Grip Polymers Ltd: trust score, financial health, credit view, compliance, directors, growth and distress sign…

1993-11-04 Thane, Maharashtra Active Unlisted Active Compliant
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GP Grip Polymers Ltd
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Grip Polymers Ltd — 360° Intelligence Report

Generated from MCA filings & public records
66/100
Trust Score
Moderate

Grip Polymers Ltd is assessed as Moderate with a Trust Score of 66/100. Grip Polymers Ltd is an active public limited indian non-government company incorporated in 1993, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 21 Jul 2026 from the latest processed filings. Grip Polymers Ltd snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › 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 ScoreModerate
66/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
25/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 3 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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
SANTOSH PRABHAKAR JADHAV 01234567 Director 01/04/2018 6 yrs Approved
NEELAM SANJAY JADHAV 01234567 Director 01/04/2018 6 yrs Approved
NIHAR JADHAV 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
06

Ownership & Group Intelligence

As per FY 2022 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
Grp Limited
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Grp Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +38% over 2 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
Operating for 32+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
Negative net worth.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment50/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view59/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 13 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
29 Sep 2023
Director ceased
SANTOSH PRABHAKAR JADHAV
Director ceased
NEELAM SANJAY JADHAV
Director ceased
NIHAR JADHAV
21 Mar 2023
Director appointed
SANTOSH PRABHAKAR JADHAV (Director)
Director appointed
NEELAM SANJAY JADHAV (Director)
Director appointed
NIHAR JADHAV (Director)
Director ceased
RAJENDRA VADILAL GANDHI
Director ceased
HARSH RAJENDRA GANDHI
Director ceased
NAYNA RAJENDRA GANDHI
20 Feb 2019
Securities allotted
3050000 Equity Shares - 3.05 cr raised
04 Nov 1993
Incorporated
Registered with Roc Mumbai
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 2 financial year(s).
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Badaya Enterprises Private Limited U74140RJ1999PTC015868 Jaipur, Rajasthan, India
Highness Nidhi Limited U65990KL2016PLC046401 Thrissur, Kerala, India
Baid (India) Pvt Ltd U17125WB1985PTC038717 Kol, West Bengal, India
Fine Gems Export Pvt.Ltd. U36911RJ1988PTC004689 Jaipur, Rajasthan, India
Sri Eragachelva Investments Private Limited U65993TZ1987PTC001922 Coimbatore, Tamil Nadu, India
Ska Techinfra Private Limited U74900MH2016PTC272864 Kandivali East, Maharashtra, India
Spenta Wines And Trades Private Limited U15500MH1988PTC046893 Mumbai, Maharashtra, India
Kathiani Chits U65992TG1990PTC011200 Hyderabad, Telangana, India
12

Who Uses This Report

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

Verify Grip Polymers Ltd before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Grip Polymers Ltd: 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: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 85/100, margin trends, ownership structure and peer set for Grip Polymers Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 66/100, distress signals and MSME payment-delay disclosures - know whether Grip Polymers Ltd pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Grip Polymers Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Grip Polymers Ltd an active company?

Grip Polymers Ltd has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Grip Polymers Ltd financially healthy?

Grip Polymers Ltd has a Financial Health Score of 25/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Grip Polymers Ltd?

Its overall Trust Score is 66/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Grip Polymers Ltd?

The ultimate holding entity is Grp Limited. 3 active director(s) are on record.

Does Grip Polymers Ltd have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Grip Polymers Ltd up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Grip Polymers Ltd?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

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.