Growlease Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 7 Year, 19 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 13.86 Cr
- Satisfied Charges ₹ 2.69 Cr
- Revenue Growth 297.48%
- Profit Growth 147.02%
- Ebitda 409.75%
- Net Worth 155.47%
- Total Assets 160.73%
About Growlease
Growlease Private Limited (GPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 January 2018 (Seven years 19 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
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 2023, experienced significant growth in revenue, with a 297.48% increase. The company also saw a substantial improvement in profitability, with a 147.02% increase in profit. The company's net worth Soared by an impressive increase of 155.47%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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 LimitedBhupinder 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)
₹138.59 M
₹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.