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Grove Systems Private Limited

Designs and develops audio, video, digital signage, green energy, IoT, and automation products.
2018 | Pune, Maharashtra (India) | Active

Last Updated:

December 16, 2024
HomeCompanyGrove Systems Private Limited

Who are the key members and board of directors at Grove Systems?

Board Members(2)

NameDesignationAppointment DateStatus
Susan Grover In Director 24-Oct-2018Current
Vinod Grover In Director 24-Oct-2018Current

Financial Performance of Grove Systems.

Grove Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 112.13% increase. The company also saw a substantial improvement in profitability, with a 77.44% increase in profit. The company's net worth Soared by an impressive increase of 83.74%.

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  • Key Matrics
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  • Profit and Loss
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Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
112.13%
Revenue from Operations
112.08%
Total Assets
128.64%
Profit or Loss
77.44%
Net Worth
83.74%
EBITDA
86.88%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹30.00 M

LenderAmountStatus

Others

Creation Date: 19 Oct 2024
₹2.00 CrOpen

Hdfc Bank Limited

Creation Date: 18 Aug 2023
₹1.00 CrOpen

How Many Employees Work at Grove Systems?

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

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Latest Updates, News, and FAQs on Grove Systems

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 101011473 was registered on 19 Oct 2024.

    19 Oct 2024

  • Annual General Meeting

    Grove Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Grove Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.00 M with Charge ID 100814709 was registered on 18 Aug 2023.

    18 Aug 2023

  • Director Appointment

    Susan Jubi Grover was appointed as a Director was appointed as a Director on 24 Oct 2018 & has been associated with this company since 6 years 2 months .

    24 Oct 2018

  • Director Appointment

    Vinod Grover was appointed as a Director was appointed as a Director on 24 Oct 2018 & has been associated with this company since 6 years 2 months .

    24 Oct 2018

Frequently asked questions

  • Grove Systems Private Limited was incorporated on 24 Oct 2018.

  • The authorized share capital of Grove Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Grove Systems Private Limited.

    • Susan Jubi Grover
    • Vinod Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grove Systems Private Limited is Flat No C 203 Savannah Wagholi Taluka Hawelli India, Pune, Maharashtra, 412220.

  • The corporate identification number (CIN) of Grove Systems Private Limited is U74999PN2018PTC179799 and the company number is 179799 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grove Systems Private Limited is https://www.grovesystems.co

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grove Systems Private Limited has risen by 112.13%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grove Systems Private Limited has experienced an upsurge of 83.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grove Systems Private Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Grove Systems Private Limited was filed with the ROC on 31 Mar 2024.

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