Growmore Logistics Private Limited

Provides logistics management services for businesses.

2011 | Jamnagar, Gujarat (India) | Active
Last Updated: January 16, 2025

Growmore Logistics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.94 Cr
  • Satisfied Charges ₹ 9.98 Cr
  • Revenue Growth 27.02%
  • Profit Growth -3.97%
  • Ebitda 36.19%
  • Net Worth 108.97%
  • Total Assets 10.43%

About Growmore Logistics

Growmore Logistics Private Limited (GLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 August 2011 and has a history of 13 years and six months. Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Transport And Logistics 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 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹5.94 Cr. The company has closed loans amounting to ₹9.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rishit Bhanderi, Harishchandrasinh Sodha, and Hirenpal Deora serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    growmorebrass.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63040GJ2011PTC066637

  • Company No.

    066637

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Transport and Logistics

What products or services does Growmore Logistics Private Limited offer?

Growmore Logistics Private Limited offers a wide range of products and services, including Copper & Brass Products, Brass Machining Parts, CNC Machines & Lathe Machine, CNC Machined Components, Cables & Wiring Components, Cable Gland and Accessories, Nails, Fasteners, Rivets & Shackles, Metal Fastener.

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

Board Members (3)

NameDesignationAppointment DateStatus
Rishit Bhanderi Country flag representing In Director 04-Aug-2011Current
Harishchandrasinh Sodha Country flag representing In Director 04-Feb-2021Current
Hirenpal Deora Country flag representing In Director 24-Aug-2023Current

Financial Performance of Growmore Logistics.

Growmore Logistics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.02% increase. The company also saw a slight decrease in profitability, with a 3.97% decrease in profit. The company's net worth Soared by an impressive increase of 108.97%.

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
27.02%
Revenue from Operations
26.96%
Total Assets
10.43%
Profit or Loss
-3.97%
Net Worth
108.97%
EBITDA
36.19%

What is the Ownership and Shareholding Structure of Growmore Logistics?

Unlock access to Growmore Logistics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹59.42 M

Satisfied Charges

₹99.80 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.58 Cr
  • Others : 1.37 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2024Hdfc Bank Limited₹3.60 MOpen
16 Oct 2023Others₹1.37 CrOpen
20 Sep 2023Hdfc Bank Limited₹6.90 MOpen
05 Sep 2023Hdfc Bank Limited₹1.80 CrOpen
16 Jul 2022Hdfc Bank Limited₹4.26 MOpen

How Many Employees Work at Growmore Logistics?

Unlock and access historical data on people associated with Growmore Logistics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.60 M with Charge ID 100903820 was registered on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge with Others amounted to Rs. 13.67 M with Charge ID 100817390 was registered on 16 Oct 2023.

    16 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.90 M with Charge ID 100791431 was registered on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 18.00 M with Charge ID 100778239 was registered on 05 Sep 2023.

    05 Sep 2023

  • Director Appointment

    Hirenpal Singh Deora was appointed as a Director was appointed as a Director on 24 Aug 2023 & has been associated with this company since 1 year 6 months .

    24 Aug 2023

Frequently asked questions

  • Growmore Logistics Private Limited was incorporated on 04 Aug 2011.

  • The authorized share capital of Growmore Logistics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.30 M.

  • Currently 3 directors are associated with Growmore Logistics Private Limited.

    • Rishit Nilesh Bhanderi
    • Harishchandrasinh Ajitsinh Sodha
    • Hirenpal Singh Deora
  • As per Ministry of Corporate Affairs (Mca), the registered address of Growmore Logistics Private Limited is C-2/33 Gidc Shanker Tekri, India, Jamnagar, Gujarat, 361004.

  • The corporate identification number (CIN) of Growmore Logistics Private Limited is U63040GJ2011PTC066637 and the company number is 066637 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Growmore Logistics Private Limited is https://www.growmorebrass.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Growmore Logistics Private Limited has risen by 27.02%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Growmore Logistics Private Limited has experienced an upsurge of 108.97%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Growmore Logistics Private Limited amount to ₹ 5.94 Cr.

  • The most recent Balance Sheet for Growmore Logistics Private Limited was filed with the ROC on 31 Mar 2023.

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