Groww Wealth Management Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.54 Cr
- Company Age 8 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -83.95%
- Profit Growth -2782.04%
- Ebitda -3213.47%
- Net Worth -268.75%
- Total Assets 43.23%
About Groww Wealth Management
Groww Wealth Management Private Limited (GWMPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 2016 (Eight years and four months 0 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Finvantage Investment Adviser Private 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 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 18.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Groww Wealth Management Private Limited India is Sri Natarajan as COMPANY SECRETARY. Harsh Jain, Ishan Bansal, Neeraj Singh, and One other member 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
U62099KA2016PTC098116
- Company No.
098116
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 2016
- Date of AGM
12 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Information Technology
Who are the key members and board of directors at Groww Wealth Management?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sri Natarajan | Company Secretary | 21-Sep-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ishan Bansal  | Additional Director | 26-Jul-2024 | Current |
| Harsh Jain | Additional Director | 26-Jul-2024 | Current |
| Neeraj Singh | Director | 10-Jan-2017 | Current |
| Jagdeep Singh | Additional Director | 26-Jul-2024 | Current |
Financial Performance of Groww Wealth Management.
Groww Wealth Management Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.95% decrease. The company also saw a substantial fall in profitability, with a 2782.04% decrease in profit. The company's net worth observed a substantial decline by a decrease of 268.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Groww Wealth Management?
In 2023, Groww Wealth 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.
Related Corporates (Common Directorship)
Groww Invest Tech Private LimitedHarsh Jain is a mutual person
- Groww Creditserv Technology Private Limited
Harsh Jain and Ishan Bansal are mutual person
- Groww Asset Management Limited
Harsh Jain is a mutual person
- Billionbrains Garage Ventures Private Limited
Harsh Jain, Ishan Bansal and 1 more are mutual person
- Groww Pay Services Private Limited
Neeraj Singh is a mutual person
- Groww Ifsc Private Limited
Jagdeep Singh 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 Wealth Management?
Unlock and access historical data on people associated with Groww Wealth Management, 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 Wealth 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 Wealth Management'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 Wealth Management
Recent activity within the organization
- Director Appointment
Sri Balakritikka Vishnampettai Natarajan was appointed as a Company Secretary was appointed as a Company Secretary on 21 Sep 2024 & has been associated with this company since 6 months 8 days .
- Director Appointment
Harsh Jain was appointed as a Additional Director was appointed as a Additional Director on 26 Jul 2024 & has been associated with this company since 8 months 3 days .
- Director Appointment
Ishan Bansal was appointed as a Additional Director was appointed as a Additional Director on 26 Jul 2024 & has been associated with this company since 8 months 3 days .
- Director Appointment
Jagdeep Singh was appointed as a Additional Director was appointed as a Additional Director on 26 Jul 2024 & has been associated with this company since 8 months 3 days .
- Annual General Meeting
Groww Wealth Management Private Limited last Annual general meeting of members was held on 12 Jun 2024 as per latest MCA records.
- Balance Sheet
Groww Wealth Management Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Groww Wealth Management Private Limited?
Groww Wealth Management Private Limited was incorporated on 29 Nov 2016.
What is authorized share capital and paid-up capital of Groww Wealth Management Private Limited?
The authorized share capital of Groww Wealth Management Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.54 Cr.
Who are the current board members & directors of Groww Wealth Management Private Limited?
Currently 5 directors are associated with Groww Wealth Management Private Limited.
- Harsh Jain
- Ishan Bansal
- Neeraj Singh
- Jagdeep Singh
- Sri Balakritikka Vishnampettai Natarajan
What is the registered address of Groww Wealth Management Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Groww Wealth Management Private Limited is Vaishnavi Tech Park South Tower 4Th 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 Wealth Management Private Limited?
The corporate identification number (CIN) of Groww Wealth Management Private Limited is U62099KA2016PTC098116 and the company number is 098116 as per Ministry of Corporate Affairs (MCA).
What is the official website of Groww Wealth Management Private Limited?
The Official website of Groww Wealth Management Private Limited is https://www.groww.in
What has been the recent revenue trend for Groww Wealth Management Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Groww Wealth Management Private Limited has fallen by -83.95%.
What change has been observed in the net worth of Groww Wealth Management Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Groww Wealth Management Private Limited has experienced an downturn of -268.75%.
When was the last Balance Sheet of Groww Wealth Management Private Limited filed with the ROC?
The most recent Balance Sheet for Groww Wealth Management Private Limited was filed with the ROC on 31 Mar 2024.
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