Grow Well Mercantile Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
as on 17-12-2024
- Paid Up Capital ₹ 14.66 Cr
as on 17-12-2024
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 989.75 Cr
as on 17-12-2024
- Revenue -70.33%
(FY 2023)
- Profit -72.40%
(FY 2023)
- Ebitda -117.55%
(FY 2023)
- Net Worth 0.63%
(FY 2023)
- Total Assets 13.88%
(FY 2023)
About Grow Well Mercantile
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.
- CIN/LLPIN
U51900MH1997PTC420169
- Company No.
047058
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Jan 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Raigarh, Maharashtra, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Grow Well Mercantile?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashutosh Sharma | Company Secretary | 02-May-2022 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ram Sharma  | Director | 01-Oct-2018 | Current |
| Purushottam Nemani | Director | 24-Apr-2019 | Current |
Financial Performance and Corporate Structure Insights of Grow Well Mercantile.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grow Well Mercantile?
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.
Related Corporates (Common Directorship)
- Thespian Lovers International Film Private LimitedActive 12 years 6 months
Ram Sharma is a mutual person
- Metallurgical Engineering And Equipments Private LimitedActive 42 years 11 months
Ram Sharma is a mutual person
- Hb Promoters & Developers Private LimitedActive 17 years 7 months
Purushottam Nemani is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 24 Nov 2021 | ₹50.00 Cr | Satisfied |
Punjab And Maharashtra Co-Operative Bank Limited Creation Date: 06 Apr 2017 | ₹5.50 M | Satisfied |
Axis Trustee Services Limited Creation Date: 30 Jun 2015 | ₹125.00 Cr | Satisfied |
How Many Employees Work at Grow Well Mercantile?
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.
Deals i
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.
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.
