Growbit Business Services Private Limited

Provides online platform for business management, project planning, market research, and advisory services.

2021 | Hyderabad, Telangana (India) | Active
Last Updated: January 04, 2025

Growbit Business Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 975.23%
  • Profit Growth 180.78%
  • Ebitda 111.83%
  • Net Worth 150.66%
  • Total Assets 58.32%

About Growbit Business Services

Growbit Business Services Private Limited (GBSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 07 October 2021 (Three years and four months 15 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Media And Publishing 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Shaik Kousar and Shiva Kanchukommula serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    growbit.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2021PTC155704

  • Company No.

    155704

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Oct 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Media and Publishing

Who are the key members and board of directors at Growbit Business Services?

Board Members (2)

NameDesignationAppointment DateStatus
Shaik Kousar Country flag representing In Director 07-Oct-2021Current
Shiva Kanchukommula Country flag representing In Director 18-Apr-2024Current

Financial Performance of Growbit Business Services.

Growbit Business Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 975.23% increase. The company also saw a substantial improvement in profitability, with a 180.78% increase in profit. The company's net worth Soared by an impressive increase of 150.66%.

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
975.23%
Revenue from Operations
971.38%
Total Assets
58.32%
Profit or Loss
180.78%
Net Worth
150.66%
EBITDA
111.83%

What is the Ownership and Shareholding Structure of Growbit Business Services?

Unlock access to Growbit Business Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Growbit Business Services?

Growbit Business Services has a workforce of 10 employees as of Mar 28, 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 Growbit Business Services, 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 Growbit Business Services'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 Growbit Business Services

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Director Appointment

    Shiva Prasad Kanchukommula was appointed as a Director was appointed as a Director on 18 Apr 2024 & has been associated with this company since 10 months 3 days .

    18 Apr 2024

  • Balance Sheet

    Growbit Business Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Director Appointment

    Shaik Thasmiya Kousar was appointed as a Director was appointed as a Director on 07 Oct 2021 & has been associated with this company since 3 years 4 months .

    07 Oct 2021

  • Company Incorporation

    Growbit Business Services Private Limited was registered on 07 Oct 2021 with Roc Hyderabad & aged 3 years 4 months as per MCA records.

    07 Oct 2021

Frequently asked questions

  • Growbit Business Services Private Limited was incorporated on 07 Oct 2021.

  • The authorized share capital of Growbit Business Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Growbit Business Services Private Limited.

    • Shaik Thasmiya Kousar
    • Shiva Prasad Kanchukommula
  • As per Ministry of Corporate Affairs (Mca), the registered address of Growbit Business Services Private Limited is Plot No -18 B, First Floor Vasavi Colony Karkhana India, Secunderabad, Telangana, 500015.

  • The corporate identification number (CIN) of Growbit Business Services Private Limited is U72200TG2021PTC155704 and the company number is 155704 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Growbit Business Services Private Limited is https://www.growbit.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Growbit Business Services Private Limited has risen by 975.23%.

  • As Per 2023 financial reports, 10 employees are currently employed by Growbit Business Services Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Growbit Business Services Private Limited has experienced an upsurge of 150.66%.

  • The most recent Balance Sheet for Growbit Business Services Private Limited was filed with the ROC on 31 Mar 2024.

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