Gromo Retail Private Limited

Online and in-store trading of electronic equipment, fashion, lifestyle, and various other products.

2019 | Mumbai, Maharashtra (India) | Active
Last Updated: February 07, 2025

Gromo Retail Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 5 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -11.66%
  • Profit Growth -38.19%
  • Ebitda -146.62%
  • Net Worth 23.61%
  • Total Assets 17.22%

About Gromo Retail

Gromo Retail Private Limited (GRPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 May 2019 (Five years and nine months 5 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Growmart Retail & Technologies Private Limited. The Company is engaged in the E-Commerce 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 0.50 M and a paid-up capital of Rs 0.18 M, as per Ministry of Corporate Affairs (MCA) records.

Shadab Sayed and Huzefa Chhawniwala serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52100MH2019PTC325070

  • Company No.

    325070

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

Who are the key members and board of directors at Gromo Retail?

Executive Team (1)

Name Designation Appointment Date Status
Shadab Sayed Country flag representing In Managing Director 07-May-2019 Current

Board Members (1)

Name Designation Appointment Date Status
Huzefa Chhawniwala Country flag representing In Director 16-Aug-2023 Current

Financial Performance of Gromo Retail.

Gromo Retail Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.66% decrease. The company also saw a substantial fall in profitability, with a 38.19% decrease in profit. The company's net worth Soared by an impressive increase of 23.61%.

Graph illustrating revenue growth over time
Graph showing 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
-11.66%
Revenue from Operations
-11.65%
Total Assets
17.22%
Profit or Loss
-38.19%
Net Worth
23.61%
EBITDA
-146.62%

What is the Ownership and Shareholding Structure of Gromo Retail?

In 2023, Gromo Retail had a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Gromo Retail?

Unlock and access historical data on people associated with Gromo Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gromo Retail, 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 Gromo Retail'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 Gromo Retail

Recent activity within the organization

  • Annual General Meeting

    Gromo Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Huzefa Ismail Chhawniwala was appointed as a Director was appointed as a Director on 16 Aug 2023 & has been associated with this company since 1 year 5 months .

    16 Aug 2023

  • Balance Sheet

    Gromo Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Shadab Ali Sayed was appointed as a Managing Director was appointed as a Managing Director on 07 May 2019 & has been associated with this company since 5 years 9 months .

    07 May 2019

  • Company Incorporation

    Gromo Retail Private Limited was registered on 07 May 2019 with Roc Mumbai & aged 5 years 9 months as per MCA records.

    07 May 2019

Frequently asked questions

  • Gromo Retail Private Limited was incorporated on 07 May 2019.

  • The authorized share capital of Gromo Retail Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.18 M.

  • Currently 2 directors are associated with Gromo Retail Private Limited.

    • Shadab Ali Sayed
    • Huzefa Ismail Chhawniwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gromo Retail Private Limited is 85/671 Ground Floor First Floor Motilal Nagar No 3 Off New Link Road, India, Goregaon West, Maharashtra, 400104.

  • The corporate identification number (CIN) of Gromo Retail Private Limited is U52100MH2019PTC325070 and the company number is 325070 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gromo Retail Private Limited is https://www.gromoretail.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gromo Retail Private Limited has fallen by -11.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gromo Retail Private Limited has experienced an upsurge of 23.61%.

  • The most recent Balance Sheet for Gromo Retail Private Limited was filed with the ROC on 31 Mar 2023.

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