Growit India Profile
Key Indicators
- Authorised Capital ₹ 5.10 Cr
- Paid Up Capital ₹ 4.51 Cr
- Company Age 4 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.95 Cr
- Revenue Growth 35.79%
- Profit Growth -220.72%
- Ebitda -385.38%
- Net Worth -83.69%
- Total Assets -36.78%
About Growit India
Growit India Private Limited (GIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 08 June 2020 (Four years and ten months 18 days old ). Its registered office is in Surat, Gujarat, India.
The Company is engaged in the Agriculture 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 5.10 Cr and a paid-up capital of Rs 4.51 Cr.
The company currently has active open charges totaling ₹8.95 Cr.
Saurabh Agarwal and Akshay Agarwal serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25199GJ2020PTC113833
- Company No.
113833
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
08 Jun 2020
- Date of AGM
20 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Agriculture
What products or services does Growit India Private Limited offer?
Growit India Private Limited offers a wide range of products and services, including Farming Tools, Equipment & Machines, Greenhouse Accessories, Agricultural Ground & Crop Covers, Packaging Films & Foils, Protective Film, Garden & Landscaping Products, Garden Decor, Tents, Tarpaulins & PE Covers, Polyethylene Cover, Agricultural Equipment.
Growit India Private Limited
Explore comprehensive data for Growit India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Growit India?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurabh Agarwal  | Director | 08-Jun-2020 | Current |
| Akshay Agarwal | Director | 08-Jun-2020 | Current |
Financial Performance of Growit India.
Growit India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.79% increase. The company also saw a substantial fall in profitability, with a 220.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 83.69%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Growit India?
In 2023, Growit India had a promoter holding of 88.54% and a public holding of 11.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Raw Edge Industrial Solutions LimitedSaurabh Agarwal is a mutual person
Navitas Alpha Renewables Private LimitedAkshay Agarwal is a mutual person
Alpha Plastomers Private LimitedSaurabh Agarwal and Akshay Agarwal are mutual person
Ambient United LlpAkshay Agarwal is a mutual person
Charges (Loans)
Open Charges
₹8.95 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.95 Cr
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2024 | Others | ₹2.00 Cr | Open |
| 30 Dec 2022 | Others | ₹2.00 Cr | Open |
| 26 Oct 2020 | Hdfc Bank Limited | ₹4.95 Cr | Open |
How Many Employees Work at Growit India?
Growit India has a workforce of 55 employees as of Apr 07, 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 Growit 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 Growit 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 Growit India
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100930835 was registered on 11 Jun 2024.
- Annual General Meeting
Growit India Private Limited last Annual general meeting of members was held on 20 Sep 2023 as per latest MCA records.
- Balance Sheet
Growit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100670457 was registered on 30 Dec 2022.
- Charges
A charge with Hdfc Bank Limited of Rs. 4.95 Cr registered on 26 Oct 2020 with Charge ID 100381645 was modified on 14 Nov 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100381645 was registered on 26 Oct 2020.
Recent News, Updates & Announcement
- GrowiT India Secures Rs. 50 Lakhs in Debt funding in Shark Tank India.
GrowiT India - An Agritech Startup and Farmer First Emarketplace raised 50 Lakhs in Debt funding from Sharks Peeyush Bansal and Namita Thapar..
Frequently asked questions
What is the Incorporation or founding date of Growit India Private Limited?
Growit India Private Limited was incorporated on 08 Jun 2020.
What is authorized share capital and paid-up capital of Growit India Private Limited?
The authorized share capital of Growit India Private Limited is ₹ 5.10 Cr and paid-up capital is ₹ 4.51 Cr.
Who are the current board members & directors of Growit India Private Limited?
Currently 2 directors are associated with Growit India Private Limited.
- Saurabh Kamalkishore Agarwal
- Akshay Kamalkishore Agarwal
What is the registered address of Growit India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Growit India Private Limited is Office-606A Union Heights Opp. Lalbhai Stadium, Vesu India, Surat, Gujarat, 395007.
What is the corporate identification number (CIN) and company number of Growit India Private Limited?
The corporate identification number (CIN) of Growit India Private Limited is U25199GJ2020PTC113833 and the company number is 113833 as per Ministry of Corporate Affairs (MCA).
What is the official website of Growit India Private Limited?
The Official website of Growit India Private Limited is https://www.thegrowit.com
What has been the recent revenue trend for Growit India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Growit India Private Limited has risen by 35.79%.
How many employees does Growit India Private Limited currently have?
As Per 2023 financial reports, 55 employees are currently employed by Growit India Private Limited.
What change has been observed in the net worth of Growit India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Growit India Private Limited has experienced an downturn of -83.69%.
What are the total open charges for Growit India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Growit India Private Limited amount to ₹ 8.95 Cr.
When was the last Balance Sheet of Growit India Private Limited filed with the ROC?
The most recent Balance Sheet for Growit India Private Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records