- CEO
- Harsh Rajendra Gandhi
- Full Time Employees
- 909
- Sector
- Producer manufacturing
- Industry
- Miscellaneous manufacturing
- Address
- Kohinoor City Commercial I Mumbai MA India 400070
- IPO Date
- Feb 12, 2015
- Business
- GRP Limited (GRPLTD.NS), established in 1974 and headquartered in Mumbai, India, manufactures reclaimed rubber and upcycled polymer products from end-of-life tyres and waste materials. The company operates five business verticals—Reclaim Rubber, Engineering Plastics, Repurposed Polyolefins, Polymer Composites, and Custom Die Forms—with seven manufacturing units across India boasting an installed capacity of 81,200 metric tons per annum; it serves the global polymer industry in tyre, automotive, industrial, construction, logistics, and packaging sectors. Core products include high-quality reclaim rubber from whole tyres, tread peelings, natural rubber, and butyl tubes for tyre and non-tyre applications; engineering plastics such as upscaled polyamide from nylon waste and thermoplastic elastomers; repurposed polyolefins for rigid packaging equivalent to virgin materials; durable polymer composites from 100% recycled content as wood substitutes; and custom die forms like mats and vibration-absorbing components from truck and bus tyres. GRP maintains certifications including IATF 16949:2016, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 for its reclaim rubber units, with REACH certification for EU markets; it exports internationally while focusing on sustainability through reduced CO2 emissions and landfill diversion.
In recent developments, GRP incorporated GRP Circular Solutions Limited in August 2022 to expand its circular economy initiatives. The company added capacity in fiscal 2022, including 2,800 MTPA in engineering plastics, 1,500 MTPA and 3,400 MTPA in polymer composites and reclaim rubber, respectively, alongside new product approvals from electrical and furniture manufacturers. GRP divested its stake in the Marangoni GRP joint venture to Marangoni Group around 2022, sharpening focus on core rubber, plastics, and composites operations while continuing supply partnerships.