Grove Profile
Key Indicators
- Authorised Capital ₹ 15.25 Cr
- Paid Up Capital ₹ 15.25 Cr
- Company Age 29 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.09 Cr
- Revenue Growth 25.74%
- Profit Growth -140.07%
- Ebitda -375.44%
- Net Worth -9.55%
- Total Assets -21.41%
About Grove
Grove Limited (GL) is a Public Limited Indian Non-Government Company incorporated in India on 27 June 1995 and has a history of 29 years and seven months. Its registered office is in Kalamassery, Kerala.
The Corporate was formerly known as Grove Private Limited. The Company is engaged in the Food And Beverages 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 15.25 Cr and a paid-up capital of Rs 15.25 Cr.
The company has closed loans amounting to ₹7.09 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grove Limited India is Raj Thomas as CFO. Raj Thomas, Rahul Raju, and Jolly Thomas serve as directors at the Company.
Company Details
-
LocationKalamassery, Kerala
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24222KL1995PLC009169
-
Company No.
009169
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
27 Jun 1995
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Ernakulam
Industry
Who are the key members and board of directors at Grove?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Raj Thomas | CFO | 25-Jul-2020 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raj Thomas
|
Additional Director | 16-Aug-2024 | Current |
|
Rahul Raju
|
Additional Director | Current | |
|
Jolly Thomas
|
Director | 27-Jun-1995 | Current |
Financial Performance of Grove.
Grove Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.74% increase. The company also saw a substantial fall in profitability, with a 140.07% decrease in profit. The company's net worth dipped by a decrease of 9.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Grove?
In 2023, Grove had a promoter holding of 99.82% and a public holding of 0.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Merchem India Pvt LtdRaj Thomas and Jolly Thomas are mutual person
-
Spicesphere Exports Private LimitedRahul Raju is a mutual person
Charges (Loans)
₹0
₹7.09 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 4.81 Cr
- National Bank For Agricultural And Rural Development : 2.28 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2007 | Canara Bank | ₹4.81 Cr | Satisfied |
| 23 May 2007 | National Bank For Agricultural And Rural Development | ₹2.28 Cr | Satisfied |
How Many Employees Work at Grove?
Grove has a workforce of 0 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grove, 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 Grove's trajectory.
Rating
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
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.
