Gro Digital Initiatives Private Limited

Online bicycle subscription service with various bike options.

2020 | Bangaluru, Karnataka (India) | Active
Last Updated:

Gro Digital Initiatives Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 4 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Revenue Growth 2874.74%
  • Profit Growth -1451.43%
  • Ebitda -995.91%
  • Net Worth -6059.72%
  • Total Assets 87.18%

About Gro Digital Initiatives

Gro Digital Initiatives Private Limited (GDIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 03 September 2020 (Four years and eight months 8 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Internet Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹5.00 M.

Basankhan Gowda and Purushotam Range serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U35999KA2020PTC138092

  • Company No.

    138092

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Internet
Company report

Gro Digital Initiatives Private Limited

Explore comprehensive data for Gro Digital Initiatives Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gro Digital Initiatives?

Board Members (2)

NameDesignationAppointment DateStatus
Basankhan Gowda Country flag representing In Director 19-Nov-2021Current
Purushotam Range Country flag representing In Director 03-Sep-2020Current

Financial Performance of Gro Digital Initiatives.

Gro Digital Initiatives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 2874.74% increase. The company also saw a substantial fall in profitability, with a 1451.43% decrease in profit. The company's net worth observed a substantial decline by a decrease of 6059.72%.

Gro Digital Initiatives revenue growth over time
Gro Digital Initiatives profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
2874.74%
Revenue from Operations
2866.28%
Total Assets
87.18%
Profit or Loss
-1451.43%
Net Worth
-6059.72%
EBITDA
-995.91%

What is the Ownership and Shareholding Structure of Gro Digital Initiatives?

In 2023, Gro Digital Initiatives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2024Others₹5.00 MOpen

How Many Employees Work at Gro Digital Initiatives?

Gro Digital Initiatives has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gro Digital Initiatives Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gro Digital Initiatives, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gro Digital Initiatives's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gro Digital Initiatives

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100881658 was registered on 31 Jan 2024.

  • Annual General Meeting

    Gro Digital Initiatives Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gro Digital Initiatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Basankhan Parameshwara Pruthviraj Gowda was appointed as a Director was appointed as a Director on 19 Nov 2021 & has been associated with this company since 3 years 5 months .

  • Director Appointment

    Purushotam Gowda Range was appointed as a Director was appointed as a Director on 03 Sep 2020 & has been associated with this company since 4 years 8 months .

  • Company Incorporation

    Gro Digital Initiatives Private Limited was registered on 03 Sep 2020 with Roc Bangalore & aged 4 years 8 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Gro Digital Initiatives Private Limited?

    Gro Digital Initiatives Private Limited was incorporated on 03 Sep 2020.

  • What is authorized share capital and paid-up capital of Gro Digital Initiatives Private Limited?

    The authorized share capital of Gro Digital Initiatives Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Who are the current board members & directors of Gro Digital Initiatives Private Limited?

    Currently 2 directors are associated with Gro Digital Initiatives Private Limited.

    • Basankhan Parameshwara Pruthviraj Gowda
    • Purushotam Gowda Range
  • What is the registered address of Gro Digital Initiatives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gro Digital Initiatives Private Limited is No. E-86 Manyata Residency Behind Techpark Rachenahalli Village, Nagawara India, Bangalore North, Karnataka, 560045.

  • What is the corporate identification number (CIN) and company number of Gro Digital Initiatives Private Limited?

    The corporate identification number (CIN) of Gro Digital Initiatives Private Limited is U35999KA2020PTC138092 and the company number is 138092 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gro Digital Initiatives Private Limited?

    The Official website of Gro Digital Initiatives Private Limited is https://www.gro.club

  • What has been the recent revenue trend for Gro Digital Initiatives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gro Digital Initiatives Private Limited has risen by 2874.74%.

  • What change has been observed in the net worth of Gro Digital Initiatives Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gro Digital Initiatives Private Limited has experienced an downturn of -6059.72%.

  • What are the total open charges for Gro Digital Initiatives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gro Digital Initiatives Private Limited amount to ₹ 5.00 M.

  • When was the last Balance Sheet of Gro Digital Initiatives Private Limited filed with the ROC?

    The most recent Balance Sheet for Gro Digital Initiatives Private Limited was filed with the ROC on 31 Mar 2023.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Online Service Marketplaces