Growsecure Financial Services Imf Private Limited
About Growsecure Financial Services Imf Private Limited
Data last updated:
Growsecure Financial Services Imf Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the insurance and pension funding segment of the insurance sector. It was incorporated on 16 October 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U66000MH2018PTC315828. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Kausar Sameer Ahmed Kasmani and Altaf Yusuf Kasmani.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit No118 1st Floor Plot No B – 58 Ravikiran Nr Monginis Factory Link Road, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2021, the company reported a revenue of ₹30,911, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹28,333 (net margin -91.7%) and EBITDA of -₹11,803 (EBITDA margin -38.2%).
Company details
Contact details
Growsecure Financial Services Imf Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit No118 1st Floor Plot No B – 58 Ravikiran Nr Monginis Factory Link Road, Mumbai, Maharashtra, India – 400053
- IndustryInsurance, Insurance & Pension Funding
To see the full contact details of Growsecure Financial Services Imf 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 Growsecure Financial Services Imf is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Growsecure Financial Services Imf Private Limited, buy the company report.
Financials of Growsecure Financial Services Imf Private Limited
FY 2021 filings availableGrowsecure Financial Services Imf Private Limited reported revenue of ₹30,911 (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year. EBITDA rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | -₹11,803 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹28,333 | ||
| 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -38.2% | ||
| Net Profit Margin | -91.7% | ||
| 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 Growsecure Financial Services Imf Private Limited, buy the company report.
Board of directors of Growsecure Financial Services Imf Private Limited
Growsecure Financial Services Imf has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kausar Sameer Ahmed Kasmani | Director | 16 Oct 2018 | 8 Years 0 Months | As last reported |
| Altaf Yusuf Kasmani | Director | 16 Oct 2018 | 8 Years 0 Months | As last reported |
| Nasreen Firoz Kasmani | Director | 16 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Growsecure Financial Services Imf Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hayat Consultancy Services Private Limited | ₹31,094 (FY 2022) | New Delhi, Delhi, India | ||||
| Wings E-Tax Solutions Private Limited | ₹31,087 (FY 2019) | 149.0% | Ramamurthy Nagar, Karnataka, India | |||
| Chaolung Sukaphaa Ventures Private Limited | ₹31,058 (FY 2021) | Nagaon, Assam, India | ||||
| Arogyam Financial Consultants India Private Limited | ₹31,000 (FY 2016) | Banswada, Rajasthan, India | ||||
| Chaarvi Management & Consultancy Services Private Limited | ₹30,943 (FY 2025) | 116.0% | New Delhi, Delhi, India | |||
| Growsecure Financial Services Imf Private Limitedthis company | ₹30,911 (FY 2021) | -₹28,333 | -91.7% | -50.0% | Mumbai, Maharashtra, India | |
| Moneymend Financial Advisory Private Limited | ₹30,894 (FY 2025) | -94.0% | New Delhi, Delhi, India | |||
| Gupta Coal Industries P Ltd. | ₹30,760 (FY 2021) | 186.0% | Howrah, West Bengal, India | |||
| Dream Linex Private Limited | ₹30,743 (FY 2025) | -78.0% | Howrah, West Bengal, India | |||
| Gramatthan Invest and Fintech Service Private Limited | ₹30,730 (FY 2023) | Dharmapuri, Tamil Nadu, India | ||||
| Tulsi Brokers Services Private Limited | ₹30,603 (FY 2025) | -13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Growsecure Financial Services Imf Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Growsecure Financial Services Imf 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 Growsecure Financial Services Imf Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growsecure Financial Services Imf has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Growsecure Financial Services Imf Private Limited, buy the company report.
Recent activity
Growsecure Financial Services Imf Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Altaf Yusuf Kasmani was appointed as Director on 16 Oct 2018.
Frequently asked questions
Growsecure Financial Services Imf has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Growsecure Financial Services Imf was a private limited company based in Mumbai, Maharashtra, India. The company worked in insurance and pension funding, within the insurance industry. It was incorporated on 16 October 2018 and is registered under CIN U66000MH2018PTC315828. The company has been struck off by the Registrar of Companies and is no longer operational.
Growsecure Financial Services Imf had 3 directors:
- Kausar Sameer Ahmed Kasmani - Director
- Altaf Yusuf Kasmani - Director
- Nasreen Firoz Kasmani - Director
The CIN (Corporate Identification Number) of Growsecure Financial Services Imf is U66000MH2018PTC315828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Growsecure Financial Services Imf is at Unit No118 1st Floor Plot No B – 58 Ravikiran Nr Monginis Factory Link Road, Mumbai, Maharashtra, India – 400053.
Growsecure Financial Services Imf was incorporated on 16 October 2018. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Growsecure Financial Services Imf on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
No. Growsecure Financial Services Imf has 1 GST registration on record and it is cancelled or inactive.
Growsecure Financial Services Imf operated in the insurance industry, in the insurance and pension funding segment. It worked in this industry before it was struck off.
The peers of Growsecure Financial Services Imf by revenue are Hayat Consultancy Services Private Limited, Wings E-Tax Solutions Private Limited, Chaolung Sukaphaa Ventures Private Limited, Arogyam Financial Consultants India Private Limited, Chaarvi Management & Consultancy Services Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Altaf Yusuf Kasmani was appointed as Director on 16 Oct 2018. Kausar Sameer Ahmed Kasmani was appointed as Director on 16 Oct 2018. Nasreen Firoz Kasmani was appointed as Director on 16 Oct 2018.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
