Groww Invest Tech Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 6.63 Cr
- Company Age 8 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 670.00 Cr
- Satisfied Charges ₹ 100.00 Cr
- Revenue Growth 251.83%
- Profit Growth 973.86%
- Ebitda 636.89%
- Net Worth 14.21%
- Total Assets 21.88%
About Groww Invest Tech
Groww Invest Tech Private Limited (GITPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 04 May 2016 (Eight years and ten months 22 days old ). 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 20.00 Cr and a paid-up capital of Rs 6.63 Cr.
The company currently has active open charges totaling ₹670.00 Cr. The company has closed loans amounting to ₹100.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Neetu Kashiramka, Lalit Keshre, Harsh Jain, and Four other members 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
U65100KA2016PTC092879
- Company No.
092879
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 May 2016
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
Who are the key members and board of directors at Groww Invest Tech?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Jayaram  | Director | 16-Dec-2021 | Current |
| Neetu Kashiramka | Director | 05-Jul-2024 | Current |
| Harsh Jain | Director | 04-May-2016 | Current |
| Lalit Keshre | Director | 04-May-2016 | Current |
| Prashant Saran | Director | 17-May-2022 | Current |
| Nishant Singh | Director | 28-Mar-2023 | Current |
Financial Performance of Groww Invest Tech.
Groww Invest Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 251.83% increase. The company also saw a substantial improvement in profitability, with a 973.86% increase in profit. The company's net worth Soared by an impressive increase of 14.21%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Groww Invest Tech?
In 2024, Groww Invest Tech had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kfin Technologies LimitedPrashant Saran is a mutual person
- Billionbrains Garage Ventures Private Limited
Lalit Keshre and Harsh Jain are mutual person
- Groww Creditserv Technology Private Limited
Harsh Jain and Subhabrata Ghosh are mutual person
- Groww Asset Management Limited
Harsh Jain is a mutual person
V I P Industries LimitedNeetu Kashiramka is a mutual person
Blow Plast Retail LimitedNeetu Kashiramka is a mutual person
Charges (Loans)
Open Charges
₹670.00 Cr
Satisfied Charges
₹100.00 Cr
Charges Breakdown by Lending Institutions
- Others : 660.00 Cr
- Hdfc Bank Limited : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2024 | Others | ₹100.00 Cr | Open |
| 31 Jul 2024 | Others | ₹60.00 Cr | Open |
| 01 Jul 2024 | Others | ₹400.00 Cr | Open |
| 12 Mar 2024 | Others | ₹100.00 Cr | Open |
| 11 Aug 2020 | Hdfc Bank Limited | ₹10.00 Cr | Open |
How Many Employees Work at Groww Invest Tech?
Groww Invest Tech has a workforce of 261 employees as of Jan 12, 2025. 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Groww Invest Tech, 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 Invest Tech'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 Invest Tech
Recent activity within the organization
- Annual General Meeting
Groww Invest Tech Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100977706 was registered on 16 Aug 2024.
- Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100961818 was registered on 31 Jul 2024.
- Director Appointment
Neetu Kashiramka was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 8 months 21 days .
- Director Appointment
Subhabrata Ghosh was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 8 months 21 days .
- Charges
A charge with Others amounted to Rs. 400.00 Cr with Charge ID 100947599 was registered on 01 Jul 2024.
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. .
Frequently asked questions
What is the Incorporation or founding date of Groww Invest Tech Private Limited?
Groww Invest Tech Private Limited was incorporated on 04 May 2016.
What is authorized share capital and paid-up capital of Groww Invest Tech Private Limited?
The authorized share capital of Groww Invest Tech Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 6.63 Cr.
Who are the current board members & directors of Groww Invest Tech Private Limited?
Currently 7 directors are associated with Groww Invest Tech Private Limited.
- Neetu Kashiramka
- Lalit Keshre
- Harsh Jain
- Santosh Jayaram
- Prashant Saran
- Nishant Kumar Singh
- Subhabrata Ghosh
What is the registered address of Groww Invest Tech Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Groww Invest Tech Private Limited is No.11 80Ft Road 4Th Block S.T Bed, Koramangala India, Bangalore, Karnataka, 560034.
What is the corporate identification number (CIN) and company number of Groww Invest Tech Private Limited?
The corporate identification number (CIN) of Groww Invest Tech Private Limited is U65100KA2016PTC092879 and the company number is 092879 as per Ministry of Corporate Affairs (MCA).
What is the official website of Groww Invest Tech Private Limited?
The Official website of Groww Invest Tech Private Limited is https://www.groww.in
What has been the recent revenue trend for Groww Invest Tech Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Groww Invest Tech Private Limited has risen by 251.83%.
How many employees does Groww Invest Tech Private Limited currently have?
As Per 2023 financial reports, 261 employees are currently employed by Groww Invest Tech Private Limited.
What change has been observed in the net worth of Groww Invest Tech Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Groww Invest Tech Private Limited has experienced an upsurge of 14.21%.
What are the total open charges for Groww Invest Tech Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Groww Invest Tech Private Limited amount to ₹ 670.00 Cr.
When was the last Balance Sheet of Groww Invest Tech Private Limited filed with the ROC?
The most recent Balance Sheet for Groww Invest Tech Private Limited was filed with the ROC on 31 Mar 2024.
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