Groww Asset Management Limited

Founded in 2008 and headquartered in Karnataka, India.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated:

Groww Asset Management Profile

Key Indicators

  • Authorised Capital ₹ 225.00 Cr
  • Paid Up Capital ₹ 174.15 Cr
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -7.39%
  • Profit Growth -79.45%
  • Ebitda -155.86%
  • Net Worth -56.85%
  • Total Assets -55.57%

About Groww Asset Management

Groww Asset Management Limited (GAML) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 April 2008 and has a history of 16 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 225.00 Cr and a paid-up capital of Rs 174.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Groww Asset Management Limited India are Varun Gupta as Ceo, Roshan Dave as Company Secretary, and Pratik Lakhotia as Cfo. Ashish Goel, Harsh Jain, and Neeru Chaudhry serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65991KA2008PLC180894

  • Company No.

    176627

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Apr 2008

  • Date of AGM

    31 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Groww Asset Management Limited

Explore comprehensive data for Groww Asset Management Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Groww Asset Management?

Executive Team (3)

NameDesignationAppointment DateStatus
Varun Gupta CEO03-May-2023Current
Roshan Dave Company Secretary04-May-2023Current
Pratik Lakhotia CFO03-May-2023Current

Board Members (3)

NameDesignationAppointment DateStatus
Harsh Jain Country flag representing In Director 03-May-2023Current
Ashish Goel Country flag representing In Director 03-May-2023Current
Neeru Chaudhry Country flag representing In Director 03-May-2023Current

Financial Performance of Groww Asset Management.

Groww Asset Management Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.39% decrease. The company also saw a substantial fall in profitability, with a 79.45% decrease in profit. The company's net worth observed a substantial decline by a decrease of 56.85%.

Groww Asset Management revenue growth over time
Groww Asset Management 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
-7.39%
Revenue from Operations
-19.31%
Total Assets
-55.57%
Profit or Loss
-79.45%
Net Worth
-56.85%
EBITDA
-155.86%

What is the Ownership and Shareholding Structure of Groww Asset Management?

In 2022, Groww Asset Management 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Groww Asset Management?

Groww Asset Management has a workforce of 41 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.

Employee growth trends for Groww Asset Management Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Groww Asset Management, 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 Groww Asset Management'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 Groww Asset Management

Recent activity within the organization

  • Annual General Meeting

    Groww Asset Management Limited last Annual general meeting of members was held on 31 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Groww Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Roshan Bhanuprakash Dave was appointed as a Company Secretary was appointed as a Company Secretary on 04 May 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Ashish Goel was appointed as a Director was appointed as a Director on 03 May 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Harsh Jain was appointed as a Director was appointed as a Director on 03 May 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Neeru Chaudhry was appointed as a Director was appointed as a Director on 03 May 2023 & has been associated with this company since 1 year 10 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Groww Asset Management Limited?

    Groww Asset Management Limited was incorporated on 10 Apr 2008.

  • What is authorized share capital and paid-up capital of Groww Asset Management Limited?

    The authorized share capital of Groww Asset Management Limited is ₹ 225.00 Cr and paid-up capital is ₹ 174.15 Cr.

  • Who are the current board members & directors of Groww Asset Management Limited?

    Currently 6 directors are associated with Groww Asset Management Limited.

    • Ashish Goel
    • Harsh Jain
    • Neeru Chaudhry
    • Varun Gupta
    • Roshan Bhanuprakash Dave
    • Pratik Rajkumar Lakhotia
  • What is the registered address of Groww Asset Management Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Groww Asset Management Limited is Vaishnavi Tech Park South Tower 3Rd Floor Survey No.16/1 And 17/2 Ambalipura Village Varthur Hobli, Bangalore India, Bangalore South, Karnataka, 560103.

  • What is the corporate identification number (CIN) and company number of Groww Asset Management Limited?

    The corporate identification number (CIN) of Groww Asset Management Limited is U65991KA2008PLC180894 and the company number is 176627 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Groww Asset Management Limited?

    The Official website of Groww Asset Management Limited is https://www.groww.in

  • What has been the recent revenue trend for Groww Asset Management Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Groww Asset Management Limited has fallen by -7.39%.

  • How many employees does Groww Asset Management Limited currently have?

    As Per 2023 financial reports, 41 employees are currently employed by Groww Asset Management Limited.

  • What change has been observed in the net worth of Groww Asset Management Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Groww Asset Management Limited has experienced an downturn of -56.85%.

  • When was the last Balance Sheet of Groww Asset Management Limited filed with the ROC?

    The most recent Balance Sheet for Groww Asset Management Limited was filed with the ROC on 31 Mar 2024.

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