Groww Trustee Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 16 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -8.48%
- Profit Growth -1692.69%
- Ebitda -524.15%
- Net Worth -41.07%
- Total Assets -34.83%
About Groww Trustee
Groww Trustee Limited (GTL) is a Public Limited Indian Non-Government Company incorporated in India on 10 April 2008 and has a history of 16 years and ten months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Indiabulls Trustee Company Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajinder Loona, Hemanta Pradhan, Ashutosh Naik, and One other member serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U65991KA2008PLC183561
- Company No.
176626
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Apr 2008
- Date of AGM
21 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Groww Trustee?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajinder Loona  | Director | 03-May-2023 | Current |
| Ashutosh Naik | Director | 03-May-2023 | Current |
| Hemanta Pradhan | Director | 03-May-2023 | Current |
| Sushil Solanki | Director | 03-May-2023 | Current |
Financial Performance of Groww Trustee.
Groww Trustee Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 8.48% decrease. The company also saw a substantial fall in profitability, with a 1692.69% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Groww Trustee?
In 2023, Groww Trustee 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)
Kesar Multimodal Logistics LimitedRajinder Loona is a mutual person
- Groww Creditserv Technology Private Limited
Ashutosh Naik is a mutual person
- Groww Pay Services Private Limited
Ashutosh Naik is a mutual person
- Groww Ifsc Private Limited
Ashutosh Naik is a mutual person
Kesar Terminals & Infrastructure LimitedRajinder Loona is a mutual person
Ratnamani Metals And Tubes LimitedSushil Solanki is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Groww Trustee?
Unlock and access historical data on people associated with Groww Trustee, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Groww Trustee, 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 Trustee'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 Groww Trustee
Recent activity within the organization
- Annual General Meeting
Groww Trustee Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.
- Director Appointment
Rajinder Singh Loona 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
Hemanta Kumar Pradhan 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
Ashutosh Ashok Naik 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
Sushil Solanki 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 .
- Balance Sheet
Groww Trustee Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Recent News, Updates & Announcement
Groww and Zerodha's New Features Protect F&O Traders from Losses and High-Risk Bets - Trade Responsibly!.When you lose money in F&O trading, Groww's new feature got you covered. It helps you exit when you hit a certain loss. 15% of their customers are into this risky business, but don't worry, they got your back. They also have a 'anti-nudge' feature to warn you about high-risk bets. Zerodha also has a similar feature. Let's trade responsibly, guys..
- Funding Winter shuts over 35,000 startups in 2023. Will VCs fund tech platforms this year? | Mint.
Indian startup ecosystem faced challenges in 2023 with funding winter intensifying, leading to venture closures. Deal volume and size declined, mega rounds dropped by 70%, and unicorns decreased. Tech startups saw a decline while focus shifted to traditional sectors. .
- Groww App Not Working: Users Unable to Login as Financial Trading Platform Faces Technical Glitch,.
Groww App, a popular trading app, was recently reportedly by the users on X to be showing error while accessing it. The users complained on X about the 'Groww App Not Working' issue and the company responded by fixing the error. .
- Indiabulls Housing Finance Shifts Focus to Retail Loans, Aims for 20% Growth and Positive Image.
Indiabulls Housing Finance is leaving risky developer loans and focusing on retail loans. They want to grow their loan book and profits by 20% in the next few years. They also want to change the negative perception around them..
Frequently asked questions
What is the Incorporation or founding date of Groww Trustee Limited?
Groww Trustee Limited was incorporated on 10 Apr 2008.
What is authorized share capital and paid-up capital of Groww Trustee Limited?
The authorized share capital of Groww Trustee Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Groww Trustee Limited?
Currently 4 directors are associated with Groww Trustee Limited.
- Rajinder Singh Loona
- Hemanta Kumar Pradhan
- Ashutosh Ashok Naik
- Sushil Solanki
What is the registered address of Groww Trustee Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Groww Trustee 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 Trustee Limited?
The corporate identification number (CIN) of Groww Trustee Limited is U65991KA2008PLC183561 and the company number is 176626 as per Ministry of Corporate Affairs (MCA).
What is the official website of Groww Trustee Limited?
The Official website of Groww Trustee Limited is https://www.groww.in
What has been the recent revenue trend for Groww Trustee Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Groww Trustee Limited has fallen by -8.48%.
What change has been observed in the net worth of Groww Trustee Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Groww Trustee Limited has experienced an downturn of -41.07%.
When was the last Balance Sheet of Groww Trustee Limited filed with the ROC?
The most recent Balance Sheet for Groww Trustee Limited was filed with the ROC on 31 Mar 2023.
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