Growforever Properties Private Limited
About Growforever Properties Private Limited
Data last updated:
Growforever Properties Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 03 May 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC152991.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Vinay Kantilal Mehta and Pankaj Kantilal Mehta.
Its last annual general meeting (AGM) was held on 01 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹8.55 Lakh, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹4.33 Lakh (net margin 50.6%) and EBITDA of ₹5.8 Lakh (EBITDA margin 67.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 16% over five years.
Company details
Contact details
Growforever Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBlock No 1 Evergreen Indl Estate Dr E Moses Road Shakti Mill Lane Jacob Circle Mahalaxm, I, Mumbai, Maharashtra, India – 400011
- IndustryFinancial Services, Financial Activities
To see the full contact details of Growforever Properties 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 Growforever Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Growforever Properties Private Limited, buy the company report.
Financials of Growforever Properties Private Limited
FY 2022 filings availableGrowforever Properties Private Limited reported revenue of ₹8.55 Lakh (up 138% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 138% growth in the latest year. EBITDA rose 82% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.8 Lakh | ||||
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| Net Profit (PAT) | ₹4.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 67.8% | ||||
| Net Profit Margin | 50.6% | ||||
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To see the full financial statements and ratios of Growforever Properties Private Limited, buy the company report.
Board of directors of Growforever Properties Private Limited
Growforever Properties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kantilal Mehta Also directs: Growforever Properties LLP | Director | 03 May 2005 | 21 Years 5 Months | As last reported |
| Pankaj Kantilal Mehta | Director | 03 May 2005 | 21 Years 5 Months | As last reported |
| Ashwin Kantilal Mehta Also directs: Growforever Properties LLP | Director | 03 May 2005 | 21 Years 5 Months | As last reported |
Peer comparison
Growforever Properties Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenstar Buildcon. Private Limited | ₹8.57 Lakh (FY 2025) | -18.0% | New Delhi, Delhi, India | |||
| Corporatelux Private Limited | ₹8.56 Lakh (FY 2025) | 3819.0% | Delhi, India | |||
| Stan Real Estates Private Limited | ₹8.56 Lakh (FY 2025) | 30.0% | Thrissur, Kerala, India | |||
| Chandrasekhara Holdings (Chennai) Private Limited | ₹8.56 Lakh (FY 2025) | -25.0% | Chennai, Tamil Nadu, India | |||
| Cyan Consultants Private Limited | ₹8.55 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Growforever Properties Private Limitedthis company | ₹8.55 Lakh (FY 2022) | ₹4.33 Lakh | 50.6% | 138.0% | Mumbai, Maharashtra, India | |
| Abode Infrastructures Private Limited | ₹8.55 Lakh (FY 2024) | 5.0% | Guwahati, Assam, India | |||
| Nikhiljoshi Enterprises Private Limited | ₹8.54 Lakh (FY 2024) | -54.0% | Hyderabad, Telangana, India | |||
| Sbiz Technologies Private Limited | ₹8.54 Lakh (FY 2021) | Delhi, India | ||||
| Winner Developers Private Limited | ₹8.53 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Citadel Real Estates Private Limited | ₹8.53 Lakh (FY 2025) | 32.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Growforever Properties Private Limited, buy the company report.
Auditor
Growforever Properties Private Limited is audited by GHALLA&BHANSALI for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHALLA&BHANSALI | FY 2017 | 103142W |
Shareholding
The shareholding of Growforever Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Growforever Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Growforever Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Growforever Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Growforever Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Growforever Properties Private Limited has 3 board changes on record since 2005: 3 appointments. The latest: Ashwin Kantilal Mehta was appointed as Director on 03 May 2005.
Frequently asked questions
Growforever Properties has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Growforever Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 03 May 2005 and is registered under CIN U70100MH2005PTC152991. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Growforever Properties is U70100MH2005PTC152991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growforever Properties had 3 directors:
- Vinay Kantilal Mehta - Director
- Pankaj Kantilal Mehta - Director
- Ashwin Kantilal Mehta - Director
Growforever Properties was incorporated on 03 May 2005. It is registered with the Registrar of Companies, Mumbai.
The registered office of Growforever Properties is at Block No 1 Evergreen Indl Estate Dr E Moses Road Shakti Mill Lane Jacob Circle Mahalaxm, I, Mumbai, Maharashtra, India – 400011.
The latest financial statements of Growforever Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 June 2022. Year-wise statements from 2015 are in the company report.
Growforever Properties operated in the financial services industry, in the financial activities segment.
The peers of Growforever Properties by revenue are Greenstar Buildcon. Private Limited, Corporatelux Private Limited, Stan Real Estates Private Limited, Chandrasekhara Holdings (Chennai) Private Limited, Cyan Consultants Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Ashwin Kantilal Mehta was appointed as Director on 03 May 2005. Pankaj Kantilal Mehta was appointed as Director on 03 May 2005. Vinay Kantilal Mehta was appointed as Director on 03 May 2005.
The compliance status of Growforever Properties is compliant as of 06 September 2026.