Growmore International Limited

Manufacturer and exporter of leather products, including wallets, belts, footwear, and accessories.

2005 | Kanpur Nagar, Uttar Pradesh (India) | Active
Last Updated:

Growmore International Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.52 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 20.76 Cr
  • Satisfied Charges ₹ 109.32 Cr
  • Revenue Growth 16.08%
  • Profit Growth 101.18%
  • Ebitda 43.63%
  • Net Worth 14.56%
  • Total Assets 3.50%

About Growmore International

Growmore International Limited (GIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 2005 and has a history of 19 years and 11 months. Its registered office is in Kanpur Nagar, Uttar Pradesh, India.

The Corporate was formerly known as Growmore International Leather Private Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.52 Cr.

The company currently has active open charges totaling ₹20.76 Cr. The company has closed loans amounting to ₹109.32 Cr, as per Ministry of Corporate Affairs (MCA) records.

Devendra Singh, Yadvendra Singh, Reena Sachan, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanpur Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    growmore.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U19113UP2005PLC029612

  • Company No.

    029612

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Goods

Who are the key members and board of directors at Growmore International?

Board Members (4)

NameDesignationAppointment DateStatus
Devendra Singh Country flag representing In Whole-Time Director 01-Oct-2005Current
Yadvendra Singh Country flag representing In Whole-Time Director 14-Mar-2005Current
Reena Sachan Country flag representing In Director 14-Mar-2005Current
Shivendra Singh Country flag representing In Director 25-Feb-2023Current

Financial Performance of Growmore International.

Growmore International Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.08% increase. The company also saw a substantial improvement in profitability, with a 101.18% increase in profit. The company's net worth Soared by an impressive increase of 14.56%.

Growmore International revenue growth over time
Growmore International 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
16.08%
Revenue from Operations
13.59%
Total Assets
3.50%
Profit or Loss
101.18%
Net Worth
14.56%
EBITDA
43.63%

What is the Ownership and Shareholding Structure of Growmore International?

In 2023, Growmore International had a promoter holding of 99.99% and a public holding of 0.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.76 Cr

Satisfied Charges

₹109.32 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 18.76 Cr
  • Others : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2023Others₹9.50 MOpen
25 May 2023Others₹5.00 MOpen
28 Feb 2023Others₹5.50 MOpen
05 Apr 2021State Bank Of India₹18.76 CrOpen
20 Aug 2018Sidbi₹7.20 MSatisfied

How Many Employees Work at Growmore International?

Growmore International has a workforce of 192 employees as of Mar 28, 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.

Employee growth trends for Growmore International Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Growmore International, 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 International'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 International

Recent activity within the organization

  • Annual General Meeting

    Growmore International Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Growmore International Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge with Others amounted to Rs. 0.95 Cr with Charge ID 100767467 was registered on 20 Jul 2023.

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100734878 was registered on 25 May 2023.

  • Charges

    A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100685950 was registered on 28 Feb 2023.

  • Director Appointment

    Shivendra Singh was appointed as a Director was appointed as a Director on 25 Feb 2023 & has been associated with this company since 2 years 5 days .

Frequently asked questions

  • What is the Incorporation or founding date of Growmore International Limited?

    Growmore International Limited was incorporated on 14 Mar 2005.

  • What is authorized share capital and paid-up capital of Growmore International Limited?

    The authorized share capital of Growmore International Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.52 Cr.

  • Who are the current board members & directors of Growmore International Limited?

    Currently 4 directors are associated with Growmore International Limited.

    • Devendra Singh
    • Yadvendra Singh
    • Reena Sachan
    • Shivendra Singh
  • What is the registered address of Growmore International Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Growmore International Limited is D-5 Site No. 1, Panki Industrial Area India, Kanpur, Uttar Pradesh, 208022.

  • What is the corporate identification number (CIN) and company number of Growmore International Limited?

    The corporate identification number (CIN) of Growmore International Limited is U19113UP2005PLC029612 and the company number is 029612 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Growmore International Limited?

    The Official website of Growmore International Limited is https://www.growmore.in

  • What has been the recent revenue trend for Growmore International Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Growmore International Limited has risen by 16.08%.

  • How many employees does Growmore International Limited currently have?

    As Per 2023 financial reports, 192 employees are currently employed by Growmore International Limited.

  • What change has been observed in the net worth of Growmore International Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Growmore International Limited has experienced an upsurge of 14.56%.

  • What are the total open charges for Growmore International Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Growmore International Limited amount to ₹ 20.76 Cr.

  • When was the last Balance Sheet of Growmore International Limited filed with the ROC?

    The most recent Balance Sheet for Growmore International Limited was filed with the ROC on 31 Mar 2024.