Growlease Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.86 Cr
- Satisfied Charges ₹ 2.69 Cr
- Revenue Growth 23.70%
- Profit Growth 434.69%
- Ebitda 580.22%
- Net Worth 169.81%
- Total Assets -17.43%
About Growlease
Growlease Private Limited (GPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 January 2018 (Seven years and three months 2 days old ). Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Growthally Resolution Private Limited. The Company is engaged in the Financial Services 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹13.86 Cr. The company has closed loans amounting to ₹2.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bhupinder Garg, Shekhar Bhuwania, and Ravi Jaisalmeria serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH2018PTC304144
- Company No.
304144
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jan 2018
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Growlease Private Limited
Explore comprehensive data for Growlease Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Growlease?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shekhar Bhuwania  | Director | 12-Jan-2018 | Current |
| Ravi Jaisalmeria | Director | 12-Jan-2018 | Current |
| Bhupinder Garg | Director | 12-Jan-2018 | Current |
Financial Performance of Growlease.
Growlease Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.7% increase. The company also saw a substantial improvement in profitability, with a 434.69% increase in profit. The company's net worth Soared by an impressive increase of 169.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Growlease?
In 2023, Growlease had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Luna Apparels Private LimitedShekhar Bhuwania is a mutual person
- Growthally Fintech Private Limited
Bhupinder Garg, Shekhar Bhuwania and 1 more are mutual person
- Growthally Advisors Private Limited
Bhupinder Garg, Shekhar Bhuwania and 1 more are mutual person
Kir Enterprises LlpBhupinder Garg is a mutual person
- Growlease Fintech I Llp
Bhupinder Garg and Shekhar Bhuwania are mutual person
- Growlease Fintech Ii Llp
Bhupinder Garg and Shekhar Bhuwania are mutual person
Charges (Loans)
Open Charges
₹138.59 M
Satisfied Charges
₹26.93 M
Charges Breakdown by Lending Institutions
- Tata Capital Financial Services Limited : 13.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 May 2023 | Tata Capital Financial Services Limited | ₹0.95 M | Open |
| 24 Apr 2023 | Tata Capital Financial Services Limited | ₹7.36 M | Open |
| 24 Mar 2023 | Tata Capital Financial Services Limited | ₹5.33 M | Open |
| 13 Mar 2023 | Tata Capital Financial Services Limited | ₹5.31 M | Open |
| 28 Feb 2023 | Tata Capital Financial Services Limited | ₹4.98 M | Open |
How Many Employees Work at Growlease?
Unlock and access historical data on people associated with Growlease, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Growlease, 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 Growlease'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 Growlease
Recent activity within the organization
- Charges
A charge registered on 04 Dec 2020 via Charge ID 100399497 with Tata Capital Financial Services Limited was fully satisfied on 02 Nov 2023.
- Annual General Meeting
Growlease Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 21 Aug 2020 via Charge ID 100375087 with Tata Capital Financial Services Limited was fully satisfied on 06 Jul 2023.
- Charges
A charge registered on 21 Aug 2020 via Charge ID 100375091 with Tata Capital Financial Services Limited was fully satisfied on 06 Jul 2023.
- Charges
A charge registered on 21 Aug 2020 via Charge ID 100375092 with Tata Capital Financial Services Limited was fully satisfied on 06 Jul 2023.
- Charges
A charge registered on 14 Aug 2020 via Charge ID 100367261 with Tata Capital Financial Services Limited was fully satisfied on 06 Jul 2023.
Frequently asked questions
What is the Incorporation or founding date of Growlease Private Limited?
Growlease Private Limited was incorporated on 12 Jan 2018.
What is authorized share capital and paid-up capital of Growlease Private Limited?
The authorized share capital of Growlease Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Growlease Private Limited?
Currently 3 directors are associated with Growlease Private Limited.
- Bhupinder Narendra Garg
- Shekhar Shrawankumar Bhuwania
- Ravi Jaisalmeria
What is the registered address of Growlease Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Growlease Private Limited is 21A Vasudev Chambers 2Nd Floor Old Nagardas Road Andheri East, India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Growlease Private Limited?
The corporate identification number (CIN) of Growlease Private Limited is U74999MH2018PTC304144 and the company number is 304144 as per Ministry of Corporate Affairs (MCA).
What is the official website of Growlease Private Limited?
The Official website of Growlease Private Limited is https://www.growthally.org
What has been the recent revenue trend for Growlease Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Growlease Private Limited has risen by 23.70%.
What change has been observed in the net worth of Growlease Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Growlease Private Limited has experienced an upsurge of 169.81%.
What are the total open charges for Growlease Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Growlease Private Limited amount to ₹ 13.86 Cr.
When was the last Balance Sheet of Growlease Private Limited filed with the ROC?
The most recent Balance Sheet for Growlease Private Limited was filed with the ROC on 31 Mar 2023.
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