Growel Formulations Private Limited

Manufacturer of aquaculture healthcare formulations, including feed supplements and pond management products.

1993 | Hyderabad, Telangana (India) | Active
Last Updated:

Growel Formulations Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 7.21 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.96 Cr
  • Satisfied Charges ₹ 1.75 Cr
  • Revenue Growth 9.12%
  • Profit Growth -3.73%
  • Ebitda -11.77%
  • Net Worth 20.44%
  • Total Assets 7.58%

About Growel Formulations

Growel Formulations Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 1993 and has a history of 31 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Pharma 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 8.00 Cr and a paid-up capital of Rs 7.21 Cr.

The company currently has active open charges totaling ₹42.96 Cr. The company has closed loans amounting to ₹1.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vedadri Mudumbi, Ranga Mudumbi, and Padma Mudumbi serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U24239TG1993PTC015700

  • Company No.

    015700

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Apr 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

What products or services does Growel Formulations Private Limited offer?

Growel Formulations Private Limited offers a wide range of products and services, including Bird Food, Poultry & Animal Food, Animal Feed Supplement, Animal Feed.

Who are the key members and board of directors at Growel Formulations?

Board Members (3)

NameDesignationAppointment DateStatus
Ranga Mudumbi Country flag representing In Director 24-Aug-2017Current
Vedadri Mudumbi Country flag representing In Whole-Time Director 28-Dec-2001Current
Padma Mudumbi Country flag representing In Director 24-Aug-2017Current

Financial Performance of Growel Formulations.

Growel Formulations Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.12% increase. The company also saw a slight decrease in profitability, with a 3.73% decrease in profit. The company's net worth Soared by an impressive increase of 20.44%.

Growel Formulations revenue growth over time
Growel Formulations 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
9.12%
Revenue from Operations
9.11%
Total Assets
7.58%
Profit or Loss
-3.73%
Net Worth
20.44%
EBITDA
-11.77%

What is the Ownership and Shareholding Structure of Growel Formulations?

In 2023, Growel Formulations had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.96 Cr

Satisfied Charges

₹1.75 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 41.06 Cr
  • Axis Bank Limited : 1.91 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 2022State Bank Of India₹2.78 MOpen
01 Jul 2020Axis Bank Limited₹7.25 MOpen
05 Jul 2019Axis Bank Limited₹1.18 CrOpen
04 Dec 1995State Bank Of India₹40.78 CrOpen
24 Feb 2001State Bank Of India₹7.50 MSatisfied

How Many Employees Work at Growel Formulations?

Growel Formulations has a workforce of 104 employees as of Apr 02, 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.

Employee growth trends for Growel Formulations Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Growel Formulations, 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 Growel Formulations'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 Growel Formulations

Recent activity within the organization

  • Annual General Meeting

    Growel Formulations Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Growel Formulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with State Bank Of India of Rs. 40.78 Cr registered on 04 Dec 1995 with Charge ID 90123832 was modified on 20 Mar 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.28 Cr with Charge ID 100604892 was registered on 05 Jul 2022.

  • Charges

    A charge registered on 24 Feb 2001 via Charge ID 90122948 with State Bank Of India was fully satisfied on 07 May 2022.

  • Charges

    A charge registered on 01 Jan 1994 via Charge ID 90123710 with State Bank Of India was fully satisfied on 07 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Growel Formulations Private Limited?

    Growel Formulations Private Limited was incorporated on 29 Apr 1993.

  • What is authorized share capital and paid-up capital of Growel Formulations Private Limited?

    The authorized share capital of Growel Formulations Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 7.21 Cr.

  • Who are the current board members & directors of Growel Formulations Private Limited?

    Currently 3 directors are associated with Growel Formulations Private Limited.

    • Vedadri Narasimha Sesha Chary Mudumbi
    • Ranga Kirtana Mudumbi
    • Padma Preeti Mudumbi

  • What is the registered address of Growel Formulations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Growel Formulations Private Limited is Survey No.64-67 Chengicherla Village Road Rangareddy District, Hyderabad, Telangana, India, 500039.

  • What is the corporate identification number (CIN) and company number of Growel Formulations Private Limited?

    The corporate identification number (CIN) of Growel Formulations Private Limited is U24239TG1993PTC015700 and the company number is 015700 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Growel Formulations Private Limited?

    The Official website of Growel Formulations Private Limited is https://www.growelformulations.com

  • What has been the recent revenue trend for Growel Formulations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Growel Formulations Private Limited has risen by 9.12%.

  • How many employees does Growel Formulations Private Limited currently have?

    As Per 2023 financial reports, 104 employees are currently employed by Growel Formulations Private Limited.

  • What change has been observed in the net worth of Growel Formulations Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Growel Formulations Private Limited has experienced an upsurge of 20.44%.

  • What are the total open charges for Growel Formulations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Growel Formulations Private Limited amount to ₹ 42.96 Cr.

  • When was the last Balance Sheet of Growel Formulations Private Limited filed with the ROC?

    The most recent Balance Sheet for Growel Formulations Private Limited was filed with the ROC on 31 Mar 2023.

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