Grow Max India Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 27 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 49.25 Cr
- Satisfied Charges ₹ 30.64 Cr
- Revenue Growth 2.16%
- Profit Growth 40.28%
- Ebitda 26.46%
- Net Worth 33.44%
- Total Assets -0.28%
About Grow Max India
Grow Max India Private Limited (GMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 March 1998 and has a history of 27 years and two months. Its registered office is in Delhi, India.
The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹49.25 Cr. The company has closed loans amounting to ₹30.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Punam Aggarwal, Pawan Aggarwal, Ankit Aggarwal, and One other member serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25202DL1998PTC092525
- Company No.
092525
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Mar 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Manufacturing
Grow Max India Private Limited
Explore comprehensive data for Grow Max India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Grow Max India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ankit Aggarwal  | Additional Director | 27-Mar-2024 | Current |
| Punam Aggarwal | Director | 15-Mar-2000 | Current |
| Pawan Aggarwal | Director | 03-Mar-1998 | Current |
| Kamal Kumar | Director | 09-Mar-2015 | Current |
Financial Performance of Grow Max India.
Grow Max India Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.16% increase. The company also saw a substantial improvement in profitability, with a 40.28% increase in profit. The company's net worth Soared by an impressive increase of 33.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grow Max India?
In 2023, Grow Max India had a promoter holding of 99.27% and a public holding of 0.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Punam Aggarwal and Ankit Aggarwal are mutual person
- Grow Polymers Private Limited
Punam Aggarwal, Pawan Aggarwal and 1 more are mutual person
Charges (Loans)
Open Charges
₹49.25 Cr
Satisfied Charges
₹30.64 Cr
Charges Breakdown by Lending Institutions
- The Hongkong And Shanghai Banking Corporation Limited : 40.00 Cr
- Hdfc Bank Limited : 9.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2024 | The Hongkong And Shanghai Banking Corporation Limited | ₹25.00 Cr | Open |
| 12 Sep 2016 | The Hongkong And Shanghai Banking Corporation Limited | ₹15.00 Cr | Open |
| 23 Nov 2013 | Hdfc Bank Limited | ₹9.25 Cr | Open |
| 03 Nov 2023 | Others | ₹7.20 Cr | Satisfied |
| 23 Jul 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹6.00 Cr | Satisfied |
How Many Employees Work at Grow Max India?
Grow Max India has a workforce of 207 employees as of Apr 08, 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 Grow Max India, 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 Max India'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.
Latest Updates, News, and FAQs on Grow Max India
Recent activity within the organization
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 18 May 2024 with Charge ID 100922536 was modified on 24 Sep 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.00 Cr registered on 12 Sep 2016 with Charge ID 100049607 was modified on 21 Sep 2024.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 25.00 Cr with Charge ID 100922536 was registered on 18 May 2024.
- Director Appointment
Ankit Aggarwal was appointed as a Additional Director was appointed as a Additional Director on 27 Mar 2024 & has been associated with this company since 1 year 1 month .
- Charges
A charge with Hdfc Bank Limited of Rs. 9.25 Cr registered on 23 Nov 2013 with Charge ID 10461771 was modified on 15 Mar 2024.
- Charges
A charge registered on 03 Nov 2023 via Charge ID 100830916 with Others was fully satisfied on 07 Mar 2024.
Frequently asked questions
What is the Incorporation or founding date of Grow Max India Private Limited?
Grow Max India Private Limited was incorporated on 03 Mar 1998.
What is authorized share capital and paid-up capital of Grow Max India Private Limited?
The authorized share capital of Grow Max India Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Grow Max India Private Limited?
Currently 4 directors are associated with Grow Max India Private Limited.
- Punam Aggarwal
- Pawan Kumar Aggarwal
- Ankit Aggarwal
- Kamal Kumar
What is the registered address of Grow Max India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grow Max India Private Limited is 404 4Th Floor Crown Heights Sector-10, Rohini India, Delhi, 110085.
What is the corporate identification number (CIN) and company number of Grow Max India Private Limited?
The corporate identification number (CIN) of Grow Max India Private Limited is U25202DL1998PTC092525 and the company number is 092525 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grow Max India Private Limited?
The Official website of Grow Max India Private Limited is https://www.growmaxindia.co.in
What has been the recent revenue trend for Grow Max India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Grow Max India Private Limited has risen by 2.16%.
How many employees does Grow Max India Private Limited currently have?
As Per 2023 financial reports, 207 employees are currently employed by Grow Max India Private Limited.
What change has been observed in the net worth of Grow Max India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Grow Max India Private Limited has experienced an upsurge of 33.44%.
What are the total open charges for Grow Max India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Grow Max India Private Limited amount to ₹ 49.25 Cr.
When was the last Balance Sheet of Grow Max India Private Limited filed with the ROC?
The most recent Balance Sheet for Grow Max India Private Limited was filed with the ROC on 31 Mar 2023.
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