Gromo Retail Private Limited

Gromo Retail Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U52100MH2019PTC325070 Incorporated 07 May 2019 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce MSME · Micro
Data last updated
Revenue · FY 2023
₹4.89 Cr
▼ 12% YoY
Net profit · FY 2023
₹3.28 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹8.03 Lakh
EBITDA margin 1.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.75 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Gromo Retail Private Limited

Data last updated:

Gromo Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 07 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2019PTC325070. Its GSTIN is 27AAHCG8097P1ZL (Maharashtra).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.75 Lakh. It was formerly known as Growmart Retail & Technologies Private Limited. It is led by directors Shadab Ali Sayed (Managing Director) and Huzefa Ismail Chhawniwala.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹4.89 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Lakh (net margin 0.7%) and EBITDA of ₹8.03 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.

Gromo Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0167381). For more details, the company can be reached via its website gromoretail.com.

Company details

CIN U52100MH2019PTC325070
Registration Number 325070
Incorporation Date 07 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0167381

Recognitions & Rankings of Gromo Retail

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0167381

Contact details

Gromo Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is gromoretail.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    85/671 Ground Floor & First Floor Motilal Nagar No 3, Off New Link Road Goregaon West, Mumbai, Maharashtra, India – 400104
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Gromo Retail Private Limited, buy the company report.

Comprehensive company report
Gromo Retail Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Gromo Retail is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Gromo Retail Private Limited, buy the company report.

Financials of Gromo Retail Private Limited

FY 2024 filings available

Gromo Retail Private Limited reported revenue of ₹4.89 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹4.89 Cr ▼ 12%
Net profit · FY 2023
₹3.28 Lakh margin 0.7%
EBITDA · FY 2023
₹8.03 Lakh margin 1.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 32%

Revenue fell 12% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations₹4.89 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.03 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.28 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.6%
Net Profit Margin0.7%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Gromo Retail Private Limited, buy the company report.

Board of directors of Gromo Retail Private Limited

Gromo Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Huzefa Ismail ChhawniwalaDirector16 Aug 20233 Years 2 MonthsCurrent
Shadab Ali SayedManaging Director07 May 20197 Years 5 MonthsCurrent

Peer comparison

Gromo Retail Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
F C Whitten and Company Enterprises Private Limited₹4.96 Cr (FY 2025)6.0%Mumbai, Maharashtra, India
Kalpamrit Marketing Private Limited₹4.94 Cr (FY 2024)-47.0%Haridwar, Uttarakhand, India
Gromo Retail Private Limitedthis company₹4.89 Cr (FY 2023)₹3.28 Lakh0.7%-12.0%Mumbai, Maharashtra, India
JNS Creations Private Limited₹4.85 Cr (FY 2024)6.0%Delhi, India
Vishnu Image Folio Private Limited₹4.81 Cr (FY 2025)26.0%New Delhi, Delhi, India
Delectable Technologies Private Limited₹4.77 Cr (FY 2024)51.0%Bangalore, Karnataka, India

To see the full peer comparison of Gromo Retail Private Limited, buy the company report.

Auditor

Gromo Retail Private Limited is audited by Rajesh S Iyer & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Rajesh S Iyer & AssociatesFY 2023150963

Shareholding

The shareholding of Gromo Retail Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Gromo Retail Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gromo Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gromo Retail has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAHCG8097P1ZLMaharashtraActive25 Oct 2019

To see the full GST registrations and return filing status of Gromo Retail Private Limited, buy the company report.

Recent activity

Gromo Retail Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Huzefa Ismail Chhawniwala was appointed as Director on 16 Aug 2023.

AGM
Gromo Retail Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gromo Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Huzefa Ismail Chhawniwala was appointed as Director.
Ceased
Shahnawaz Irshadali Syed ceased to be Director.
Ceased
Arif Nadir Panjwani ceased to be Director.
Appointed
Shadab Ali Sayed was appointed as Managing Director.
Incorporation
07 May 2019
Gromo Retail Private Limited was registered on 07 May 2019 with Roc Mumbai & aged 7 years 5 months as per MCA records.

Frequently asked questions

Gromo Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 07 May 2019 (7+ years old) and is registered under CIN U52100MH2019PTC325070.

Gromo Retail has 2 current directors:

The latest financial statements of Gromo Retail on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Gromo Retail is 27AAHCG8097P1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Gromo Retail is U52100MH2019PTC325070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Gromo Retail was incorporated on 07 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Gromo Retail by revenue are F C Whitten and Company Enterprises Private Limited, Kalpamrit Marketing Private Limited, JNS Creations Private Limited, Vishnu Image Folio Private Limited, Delectable Technologies Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).

Huzefa Ismail Chhawniwala was appointed as Director on 16 Aug 2023. Shahnawaz Irshadali Syed ceased to be Director on 16 Aug 2023. Arif Nadir Panjwani ceased to be Director on 21 Sep 2019. Gromo Retail has 4 board changes on record in total.

Yes, Gromo Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0167381).

Gromo Retail can be reached through the website gromoretail.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Gromo Retail is at 85671 Ground Floor & First Floor Motilal Nagar No 3, Off New Link Road Goregaon West, Mumbai, Maharashtra, India – 400104.