
Grow Well Mercantile Private Limited
Founded in 1997 and headquartered in Maharashtra, India.
Founded in 1997 and headquartered in Maharashtra, India.
Grow Well Mercantile Private Limited (GWMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1997 and has a history of 28 years and three months. Its registered office is in Raigarh, Maharashtra, India.
The Corporate was formerly known as Grow Well Mercantile Limited. The Company is engaged in the Trading 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 15.00 Cr and a paid-up capital of Rs 14.66 Cr.
The company has closed loans amounting to ₹989.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Grow Well Mercantile Private Limited India is Ashutosh Sharma as COMPANY SECRETARY. Ram Sharma and Purushottam Nemani serve as directors at the Company.
Raigarh, Maharashtra, India
+91-XXXXXXXXXX
U51900MH1997PTC420169
047058
Private Limited Indian Non-Government Company
20 Jan 1997
30 Sep 2024
31 Mar 2024
Unlisted
Roc Mumbai
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ashutosh Sharma | Company Secretary | 02-May-2022 | Current |
Name | Designation | Appointment Date | Status |
---|---|---|---|
Ram Sharma ![]() | Director | 01-Oct-2018 | Current |
Purushottam Nemani ![]() | Director | 24-Apr-2019 | Current |
Grow Well Mercantile Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.33% decrease. The company also saw a substantial fall in profitability, with a 72.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.63%.
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In 2024, Grow Well Mercantile had a promoter holding of 81.64% and a public holding of 18.36%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Ram Sharma is a mutual person
Ram Sharma is a mutual person
Ram Sharma is a mutual person
Ram Sharma is a mutual person
Ram Sharma is a mutual person
Purushottam Nemani is a mutual person
₹0
₹989.75 Cr
Date | Lender | Amount | Status |
---|---|---|---|
24 Nov 2021 | Others | ₹50.00 Cr | Satisfied |
06 Apr 2017 | Punjab And Maharashtra Co-Operative Bank Limited | ₹5.50 M | Satisfied |
30 Jun 2015 | Axis Trustee Services Limited | ₹125.00 Cr | Satisfied |
30 Jun 2015 | Axis Trustee Services Limited | ₹425.00 Cr | Satisfied |
06 Nov 2007 | Union Bank Of India | ₹40.35 Cr | Satisfied |
Grow Well Mercantile has a workforce of 2 employees as of Dec 17, 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.
Gain comprehensive insights into the Deals and Valuation data of Grow Well Mercantile, 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 Well Mercantile's trajectory.
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Grow Well Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Grow Well Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
A charge registered on 24 Nov 2021 via Charge ID 100506658 with Others was fully satisfied on 09 Sep 2022.
A charge registered on 06 Apr 2017 via Charge ID 100094439 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 07 Sep 2022.
Ashutosh Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2022 & has been associated with this company since 3 years 11 days .
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100506658 was registered on 24 Nov 2021.
Grow Well Mercantile Private Limited was incorporated on 20 Jan 1997.
The authorized share capital of Grow Well Mercantile Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.66 Cr.
Currently 3 directors are associated with Grow Well Mercantile Private Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Grow Well Mercantile Private Limited is Office No A 105 Plot 514 Steel Chambers India, Panvel, Maharashtra, 410218.
The corporate identification number (CIN) of Grow Well Mercantile Private Limited is U51900MH1997PTC420169 and the company number is 047058 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2023, the revenue trend for Grow Well Mercantile Private Limited has fallen by -70.33%.
As Per 2023 financial reports, 2 employees are currently employed by Grow Well Mercantile Private Limited.
The financial reports for the fiscal year 2023 indicates that The net worth of Grow Well Mercantile Private Limited has experienced an upsurge of 0.63%.
The most recent Balance Sheet for Grow Well Mercantile Private Limited was filed with the ROC on 31 Mar 2024.
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