Grow Lance Business Developers Private Limited
About Grow Lance Business Developers Private Limited
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Grow Lance Business Developers Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85100KL2020PTC065268.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹5.6 Lakh. It is led by directors Chandra Lekha and Ratheesh Kumar Raveendran.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.Kp.XI/287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.35 Lakh, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹14,596 (net margin 1%) and EBITDA of ₹24,461 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
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- Registered AddressNo.Kp.XI/287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122
- IndustryHealthcare, Human Health Activities
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Grow Lance Business Developers is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Grow Lance Business Developers Private Limited
FY 2025 filings availableGrow Lance Business Developers Private Limited reported revenue of ₹15.35 Lakh (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 77% growth in the latest year. EBITDA fell 37% 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹24,461 | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹14,596 | |
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.6% | |
| Net Profit Margin | 1% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grow Lance Business Developers are in the company report.
: available in the company report
Board of Directors of Grow Lance Business Developers Private Limited
Grow Lance Business Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Lekha Also directs: Grow Lance Nidhi Limited | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
| Ratheesh Kumar Raveendran Also directs: Grow Lance Nidhi Limited | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
Peer Comparison
Grow Lance Business Developers Private Limited is compared with the companies closest to it by revenue in the same principal business activity (other hospital and medical care activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rithika Surabhi Medicare Private Limited | ₹15.38 Lakh (FY 2023) | •••• | •••• | 296.0% | •••• | Tirupati, Andhra Pradesh, India |
| Medicant Hospital and Research Centre Private Limited | ₹15.38 Lakh (FY 2024) | •••• | •••• | 67.0% | •••• | Delhi, India |
| Vviva Skin & Hair Clinic Private Limited | ₹15.37 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Manentia Research Private Limited | ₹15.36 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Noida, Uttar Pradesh, India |
| Hclub Medical Services Private Limited | ₹15.35 Lakh (FY 2019) | •••• | •••• | 48.0% | •••• | Hyderabad, Telangana, India |
| Grow Lance Business Developers Private Limited this company | ₹15.35 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Thiruvananthapuram, Kerala, India |
| Glorious Hospitality Services Private Limited | ₹15.34 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Ahmedabad, Gujarat, India |
| Chudgar Psychiatric Care Private Limited | ₹15.33 Lakh (FY 2017) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| Vydhyam Healthcare Private Limited | ₹15.33 Lakh (FY 2020) | •••• | •••• | -29.0% | •••• | Manikonda, Telangana, India |
| Citadel Fine Pharmaceuticals Private Limited | ₹15.31 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Kingscure Medicare Private Limited | ₹15.3 Lakh (FY 2024) | •••• | •••• | 2593524.0% | •••• | Nagpur, Maharashtra, India |
Peers are the companies nearest to Grow Lance Business Developers by revenue, above and below it, in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings
Grow Lance Business Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Grow Lance Business Developers.
: available in the company report
Recent Activity
Grow Lance Business Developers Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandra Lekha was appointed as Director on 23 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Grow Lance Business Developers is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in human health activities, within the healthcare industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U85100KL2020PTC065268.
Grow Lance Business Developers has 2 current directors:
- Chandra Lekha - Director
- Ratheesh Kumar Raveendran - Director
The latest financial statements of Grow Lance Business Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2021 are in the company report.
The CIN (Corporate Identification Number) of Grow Lance Business Developers is U85100KL2020PTC065268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow Lance Business Developers was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Grow Lance Business Developers by revenue are Rithika Surabhi Medicare Private Limited, Medicant Hospital and Research Centre Private Limited, Vviva Skin & Hair Clinic Private Limited, Manentia Research Private Limited, Hclub Medical Services Private Limited and 5 more, all in the same principal business activity (other hospital and medical care activities).
Chandra Lekha was appointed as Director on 23 Oct 2020. Ratheesh Kumar Raveendran was appointed as Director on 23 Oct 2020.
The registered office of Grow Lance Business Developers is at No.Kp.XI287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
Grow Lance Business Developers operates in the healthcare industry, in the human health activities segment.
Grow Lance Business Developers can be reached at its registered office: No.Kp.XI287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
Grow Lance Business Developers is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.