Growmech Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 18 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 45.00 Cr
- Satisfied Charges ₹ 16.50 Cr
- Revenue Growth 15.07%
- Profit Growth 56.34%
- Ebitda 249.46%
- Net Worth 42.12%
- Total Assets -40.08%
About Growmech Industries
Growmech Industries Private Limited (GIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 2007 and has a history of 18 years and one month. Its registered office is in Vashi Navi Mumbai, Maharashtra.
The Corporate was formerly known as Globus International Private Limited. The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹16.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pradeep Jain, Arun Goyal, Anup Agarwal, and One other member serve as directors at the Company.
Company Details
- Location Vashi Navi Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72100MH2007PTC167064
- Company No.
167064
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Jan 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
What products or services does Growmech Industries Private Limited offer?
Growmech Industries Private Limited offers a wide range of products and services, including Scooter.
Growmech Industries Private Limited
Explore comprehensive data for Growmech Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Growmech Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pradeep Jain  | Director | 14-Feb-2019 | Current |
| Arun Goyal | Director | 25-May-2018 | Current |
| Anup Agarwal | Director | 13-Mar-2018 | Current |
| Ajeet Mundra | Director | 13-Mar-2018 | Current |
Financial Performance of Growmech Industries.
Growmech Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.07% increase. The company also saw a substantial improvement in profitability, with a 56.34% increase in profit. The company's net worth Soared by an impressive increase of 42.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Growmech Industries?
In 2023, Growmech Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Venus Bikes Private LimitedPradeep Jain and Anup Agarwal are mutual person
- African Industries Global Services Private Limited
Pradeep Jain and Anup Agarwal are mutual person
- Mega Land Solutions Private Limited
Arun Goyal is a mutual person
- Bilt Rite Packagings Private Limited
Arun Goyal is a mutual person
Charges (Loans)
Open Charges
₹45.00 Cr
Satisfied Charges
₹16.50 Cr
Charges Breakdown by Lending Institutions
- Others : 20.00 Cr
- Yes Bank Limited : 15.00 Cr
- Axis Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jul 2024 | Yes Bank Limited | ₹15.00 Cr | Open |
| 04 Mar 2024 | Axis Bank Limited | ₹10.00 Cr | Open |
| 27 Apr 2023 | Others | ₹20.00 Cr | Open |
| 10 Nov 2021 | Others | ₹8.00 Cr | Satisfied |
| 26 Feb 2007 | Bank Of India | ₹8.50 Cr | Satisfied |
How Many Employees Work at Growmech Industries?
Growmech Industries has a workforce of 57 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Growmech Industries, 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 Growmech Industries'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 Growmech Industries
Recent activity within the organization
- Charges
A charge with Yes Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100958488 was registered on 23 Jul 2024.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100890814 was registered on 04 Mar 2024.
- Annual General Meeting
Growmech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Apr 2023 with Charge ID 100731581 was modified on 15 Jul 2023.
- Charges
A charge registered on 10 Nov 2021 via Charge ID 100498916 with Others was fully satisfied on 11 Jul 2023.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100731581 was registered on 27 Apr 2023.
Frequently asked questions
What is the Incorporation or founding date of Growmech Industries Private Limited?
Growmech Industries Private Limited was incorporated on 17 Jan 2007.
What is authorized share capital and paid-up capital of Growmech Industries Private Limited?
The authorized share capital of Growmech Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Growmech Industries Private Limited?
Currently 4 directors are associated with Growmech Industries Private Limited.
- Pradeep Kumar Jain
- Arun Goyal
- Anup Kumar Agarwal
- Ajeet Mundra
What is the registered address of Growmech Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Growmech Industries Private Limited is B 507 Bsel Tech Park Sector - 30A Opp. Vashi Rly, Station Navi Mumbai India, Vashi Navi Mumbai, Maharashtra, 400705.
What is the corporate identification number (CIN) and company number of Growmech Industries Private Limited?
The corporate identification number (CIN) of Growmech Industries Private Limited is U72100MH2007PTC167064 and the company number is 167064 as per Ministry of Corporate Affairs (MCA).
What is the official website of Growmech Industries Private Limited?
The Official website of Growmech Industries Private Limited is https://www.growmechgroup.com
What has been the recent revenue trend for Growmech Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Growmech Industries Private Limited has risen by 15.07%.
How many employees does Growmech Industries Private Limited currently have?
As Per 2023 financial reports, 57 employees are currently employed by Growmech Industries Private Limited.
What change has been observed in the net worth of Growmech Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Growmech Industries Private Limited has experienced an upsurge of 42.12%.
What are the total open charges for Growmech Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Growmech Industries Private Limited amount to ₹ 45.00 Cr.
When was the last Balance Sheet of Growmech Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Growmech Industries Private Limited was filed with the ROC on 31 Mar 2023.
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