About Grovalue Insurance Broker Private Limited
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Grovalue Insurance Broker Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general insurance providers segment of the financial services sector. It was incorporated on 11 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65924MH2014PTC257068.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Roshni Sethi and Ankit Sethi.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Floor – 2nd 64B Bansilal Building Jagannath Shankar Seth Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.19 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹48.76 Lakh (net margin 41%) and EBITDA of ₹49.24 Lakh (EBITDA margin 41.4%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 4% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grovalueinsurance.in.
Company details
Contact details
Grovalue Insurance Broker Private Limited's registered office is in Mumbai, Maharashtra. Its website is grovalueinsurance.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address5 Floor – 2nd 64B Bansilal Building Jagannath Shankar Seth Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, General Insurance Providers
To see the full contact details of Grovalue Insurance Broker Private Limited, buy the company report.
- 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
Business activity
The main business activity of Grovalue Insurance Broker is financial and insurance activities. In detail, this covers insurance, reinsurance and pension funding, except compulsory social security.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 65 | Insurance, reinsurance and pension funding, except compulsory social security |
To see the full business activity and turnover split of Grovalue Insurance Broker Private Limited, buy the company report.
Financials of Grovalue Insurance Broker Private Limited
FY 2025 filings availableGrovalue Insurance Broker Private Limited reported revenue of ₹1.19 Cr (up 2984% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹49.24 Lakh | ||||
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| Net Profit (PAT) | ₹48.76 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 41.4% | ||||
| Net Profit Margin | 41% | ||||
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To see the full financial statements and ratios of Grovalue Insurance Broker Private Limited, buy the company report.
Board of directors of Grovalue Insurance Broker Private Limited
Grovalue Insurance Broker has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Roshni Sethi | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
| Ankit Sethi | Director | 10 Jun 2024 | 2 Years 4 Months | Current |
Auditor
Grovalue Insurance Broker Private Limited is audited by M S MANDLECHA AND CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S MANDLECHA AND CO | FY 2019 | 129037W |
Shareholding
The shareholding of Grovalue Insurance Broker Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grovalue Insurance Broker Private Limited, buy the company report.
Legal cases
Grovalue Insurance Broker Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (CARBP) | Filed against the company by PNB Metlife India Insurance Company Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Disposed |
To see the full case history of Grovalue Insurance Broker Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grovalue Insurance Broker Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grovalue Insurance Broker Private Limited has a workforce of 8 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Grovalue Insurance Broker Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grovalue Insurance Broker Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Divya Chopda ceased to be Additional Director on 12 Aug 2024.
Frequently asked questions
Grovalue Insurance Broker is an active private limited company based in Mumbai, Maharashtra, India. The company works in general insurance providers, within the financial services industry. It was incorporated on 11 August 2014 (12+ years old) and is registered under CIN U65924MH2014PTC257068.
Grovalue Insurance Broker has 2 current directors:
- Roshni Sethi - Director
- Ankit Sethi - Director
The latest financial statements of Grovalue Insurance Broker on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Grovalue Insurance Broker is U65924MH2014PTC257068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grovalue Insurance Broker has 2 court cases on record: 2 filed against it. Most are in the district courts.
Grovalue Insurance Broker was incorporated on 11 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Divya Chopda ceased to be Additional Director on 12 Aug 2024. Vinit Chopda ceased to be Director on 12 Aug 2024. Ankit Sethi was appointed as Director on 10 Jun 2024. Grovalue Insurance Broker has 5 board changes on record in total.
Grovalue Insurance Broker can be reached through the website grovalueinsurance.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Grovalue Insurance Broker is at 5 Floor – 2nd 64B Bansilal Building Jagannath Shankar Seth Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
Grovalue Insurance Broker operates in the financial services industry, in the general insurance providers segment.
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