Growmore Bio-Tech Limited

Produces and sells various types of bamboo plants.

1995 | Tamilnadu, Tamil Nadu (India) | Active
Last Updated: July 02, 2024

Growmore Bio-Tech Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 29 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.00 M
  • Revenue Growth 69.80%
  • Profit Growth 8.35%
  • Ebitda -96.11%
  • Net Worth 0.76%
  • Total Assets 33.82%

About Growmore Bio-Tech

Growmore Bio-Tech Limited (GBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 July 1995 and has a history of 29 years and seven months. Its registered office is in Tamilnadu, Tamil Nadu, 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹3.00 M.

Sivaram Jetty, Shalini Jetty, Srinivas Prasad, and Four other members serve as directors at the Company.

Company Details

  • Location

    Tamilnadu, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    growmorebiotech.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01119TN1995PLC032185

  • Company No.

    032185

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jul 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Agriculture

What products or services does Growmore Bio-Tech Limited offer?

Growmore Bio-Tech Limited offers a wide range of products and services, including Outdoor Plant, Bamboo Plants, Fresh Flowers, Plants & Trees.

Who are the key members and board of directors at Growmore Bio-Tech?

Board Members (7)

NameDesignationAppointment DateStatus
Nambi Shridhar Country flag representing In Director 26-Feb-2009Current
Sivaram Jetty Country flag representing In Director 26-Feb-2009Current
Shalini Jetty Country flag representing In Director 19-Mar-2020Current
Srinivas Prasad Country flag representing In Director 19-Mar-2020Current
Nambhi Barathi Country flag representing In Director 10-Jul-1995Current
Padmavathy Shridhar Country flag representing In Director 01-Nov-2009Current

Financial Performance of Growmore Bio-Tech.

Growmore Bio-Tech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.8% increase. The company also saw a slight improvement in profitability, with a 8.35% increase in profit. The company's net worth moved up by a moderate rise of 0.76%.

Graph illustrating revenue growth over time
Graph showing 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
69.80%
Revenue from Operations
68.74%
Total Assets
33.82%
Profit or Loss
8.35%
Net Worth
0.76%
EBITDA
-96.11%

What is the Ownership and Shareholding Structure of Growmore Bio-Tech?

In 2023, Growmore Bio-Tech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2000State Bank Of India₹3.00 MOpen

How Many Employees Work at Growmore Bio-Tech?

Growmore Bio-Tech has a workforce of 61 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Growmore Bio-Tech, 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 Growmore Bio-Tech'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 Growmore Bio-Tech

Recent activity within the organization

  • Annual General Meeting

    Growmore Bio-Tech Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Growmore Bio-Tech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Shalini Jetty was appointed as a Director was appointed as a Director on 19 Mar 2020 & has been associated with this company since 4 years 11 months .

    19 Mar 2020

  • Director Appointment

    Padmavathy Shridhar was appointed as a Director was appointed as a Director on 01 Nov 2009 & has been associated with this company since 15 years 3 months .

    01 Nov 2009

  • Director Appointment

    Shanti Jetty was appointed as a Director was appointed as a Director on 01 Nov 2009 & has been associated with this company since 15 years 3 months .

    01 Nov 2009

  • Director Appointment

    Sivaram Prasad Jetty was appointed as a Director was appointed as a Director on 26 Feb 2009 & has been associated with this company since 15 years 11 months .

    26 Feb 2009

Frequently asked questions

  • Growmore Bio-Tech Limited was incorporated on 10 Jul 1995.

  • The authorized share capital of Growmore Bio-Tech Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 7 directors are associated with Growmore Bio-Tech Limited.

    • Sivaram Prasad Jetty
    • Shalini Jetty
    • Srinivas Sai Prasad
    • Nambhi Barathi
    • Padmavathy Shridhar
    • Shanti Jetty
    • Nambi Shridhar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Growmore Bio-Tech Limited is 43Main RoadKovilpatti-627 701. Tamilnadu, Tamil Nadu, India, 627701.

  • The corporate identification number (CIN) of Growmore Bio-Tech Limited is U01119TN1995PLC032185 and the company number is 032185 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Growmore Bio-Tech Limited is https://www.growmorebiotech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Growmore Bio-Tech Limited has risen by 69.80%.

  • As Per 2023 financial reports, 61 employees are currently employed by Growmore Bio-Tech Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Growmore Bio-Tech Limited has experienced an upsurge of 0.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Growmore Bio-Tech Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Growmore Bio-Tech Limited was filed with the ROC on 31 Mar 2023.

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