Grow Indigo Private Limited

Wholesale company providing biological and digital solutions for fertilizers and agrochemicals.

2018 | Mumbai, Maharashtra (India) | Active
Last Updated: October 23, 2024

Grow Indigo Profile

Key Indicators

  • Authorised Capital ₹ 153.90 Cr
  • Paid Up Capital ₹ 144.06 Cr
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 40.00 Cr
  • Revenue Growth 65.25%
  • Profit Growth -133.89%
  • Ebitda -137.58%
  • Net Worth 39.51%
  • Total Assets 30.37%

About Grow Indigo

Grow Indigo Private Limited (GIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 19 January 2018 (Seven years and one month 2 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Sgrow Agri Inputs Private Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 153.90 Cr and a paid-up capital of Rs 144.06 Cr.

The company currently has active open charges totaling ₹40.00 Cr.

The Key Managerial Personnel (KMP) at Grow Indigo Private Limited India is Kirthee Thakkar as COMPANY SECRETARY. Usha Brent, Shirish Barwale, Karsten Neuffer, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    growindigo.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01100MH2018PTC304488

  • Company No.

    304488

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 2018

  • Date of AGM

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Agriculture

What products or services does Grow Indigo Private Limited offer?

Grow Indigo Private Limited offers a wide range of products and services, including Fertilizers and Soil Additives, Nitrogen Fertilizers, Bio Fertilizers.

Who are the key members and board of directors at Grow Indigo?

Executive Team (1)

NameDesignationAppointment DateStatus
Kirthee Thakkar Country flag representing In Company Secretary02-May-2019Current

Board Members (5)

NameDesignationAppointment DateStatus
Shirish Barwale Country flag representing In Director 19-Jan-2018Current
Robert Berendes Country flag representing De Director 25-Apr-2022Current
Karsten Neuffer Country flag representing De Director 13-Aug-2018Current
Usha Brent Country flag representing Us Director 07-Feb-2019Current
Ewan Lamont Country flag representing Gb Director 10-May-2022Current

Financial Performance of Grow Indigo.

Grow Indigo Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.25% increase. The company also saw a substantial fall in profitability, with a 133.89% decrease in profit. The company's net worth Soared by an impressive increase of 39.51%.

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
65.25%
Revenue from Operations
65.17%
Total Assets
30.37%
Profit or Loss
-133.89%
Net Worth
39.51%
EBITDA
-137.58%

What is the Ownership and Shareholding Structure of Grow Indigo?

In 2023, Grow Indigo had a promoter holding of 89.98% and a public holding of 10.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹40.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 30.00 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2024Others₹10.00 CrOpen
16 Jun 2022Hdfc Bank Limited₹30.00 CrOpen

How Many Employees Work at Grow Indigo?

Grow Indigo has a workforce of 267 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grow Indigo, 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 Grow Indigo'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 Grow Indigo

Recent activity within the organization

  • Annual General Meeting

    Grow Indigo Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

    09 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100934751 was registered on 24 May 2024.

    24 May 2024

  • Balance Sheet

    Grow Indigo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 16 Jun 2022 with Charge ID 100589765 was modified on 26 Mar 2024.

    26 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100589765 was registered on 16 Jun 2022.

    16 Jun 2022

  • Director Appointment

    Ewan Lamont was appointed as a Director was appointed as a Director on 10 May 2022 & has been associated with this company since 2 years 9 months .

    10 May 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Grow Indigo Private Limited was incorporated on 19 Jan 2018.

  • The authorized share capital of Grow Indigo Private Limited is ₹ 153.90 Cr and paid-up capital is ₹ 144.06 Cr.

  • Currently 6 directors are associated with Grow Indigo Private Limited.

    • Usha Zehr Brent
    • Shirish Rajendra Barwale
    • Karsten Neuffer
    • Robert Berendes
    • Ewan Lamont
    • Kirthee Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grow Indigo Private Limited is 19 Raj Mahal 84 Veer Nariman Road, Churchgate India, Mumbai, Maharashtra, 400020.

  • The corporate identification number (CIN) of Grow Indigo Private Limited is U01100MH2018PTC304488 and the company number is 304488 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grow Indigo Private Limited is https://www.growindigo.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grow Indigo Private Limited has risen by 65.25%.

  • As Per 2023 financial reports, 267 employees are currently employed by Grow Indigo Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grow Indigo Private Limited has experienced an upsurge of 39.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grow Indigo Private Limited amount to ₹ 40.00 Cr.

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

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