Growtech Innovations India Private Limited

Growtech Innovations India Private Limited - business outsourcing in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U72200KA2014PTC077578 Incorporated 03 December 2014 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company business outsourcing MSME · Micro
Data last updated
Revenue · FY 2023
₹18,735
▼ 99% YoY
Net loss · FY 2023
₹7.62 Lakh
Latest filing
EBITDA · FY 2023
-₹5.33 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹5.7 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered

About Growtech Innovations India Private Limited

Data last updated:

Growtech Innovations India Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Livpure Private Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 03 December 2014 and has been in existence for over 12 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC077578. Its GSTIN is 29AAFCG8155N1ZW (Karnataka).

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5.7 Lakh. It is led by directors including Bharat Chand and Manoj Kumar Joshi.

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 Bengaluru, Karnataka.

As per the financials filed for FY 2023, the company reported a revenue of ₹18,735, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹7.62 Lakh and EBITDA of -₹5.33 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 67% over five years.

The company is associated with 1 brand: GrowTech. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.35 Cr; the latest was in September 2016.

Growtech Innovations India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growtech.biz.

Company details

CIN U72200KA2014PTC077578
Registration Number 077578
Incorporation Date 03 December 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Livpure Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0011477

Recognitions & Rankings of Growtech Innovations India

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0011477

Contact details

Growtech Innovations India Private Limited's registered office is in Bengaluru, Karnataka. Its website is growtech.biz. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.302 Gayathri Paradise 3rd Floor Opp. Reliance Fresh Hennur Main Road H, Br Layout, Bengaluru, Karnataka, India – 560043
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Growtech Innovations India Private Limited, buy the company report.

Comprehensive company report
Growtech Innovations India 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

Brands

Growtech Innovations India operates one associated brand: GrowTech. Each brand links to its own profile.

BrandDescriptionWebsite
Diversified BPO services are provided by GrowTech from India.growtech.biz

Financials of Growtech Innovations India Private Limited

FY 2024 filings available

Growtech Innovations India Private Limited reported revenue of ₹18,735 (down 99% YoY) for FY 2023.

Revenue · FY 2023
₹18,735 ▼ 99%
Net loss · FY 2023
₹7.62 Lakh
EBITDA · FY 2023
-₹5.33 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 84%
5 years · compounded
▼ 67%

Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 99% fall 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 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹18,735
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹5.33 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.62 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 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Growtech Innovations India Private Limited, buy the company report.

Board of directors of Growtech Innovations India Private Limited

Growtech Innovations India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bharat ChandDirector08 Jan 20251 Years 10 MonthsCurrent
Manoj Kumar JoshiDirector08 Jan 20251 Years 10 MonthsCurrent
Pradip Radhakrishnan SubramaniamDirector03 Dec 201411 Years 11 MonthsCurrent
Puduruthy Vaidyanathan SubramanianDirector03 Dec 201411 Years 11 MonthsCurrent

Auditor

Growtech Innovations India Private Limited is audited by Venkatesh Bhaskar & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Venkatesh Bhaskar & AssociatesFY 2023009735S

Shareholding

The shareholding of Growtech Innovations India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Growtech Innovations India Private Limited, buy the company report.

Deals & funding

Growtech Innovations India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.35 Cr; the latest was in September 2016.

Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.35 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Sep 2016Secondary share transferUndisclosedBuyer: Rural Technology Business Incubator (RTBI) IIT Madras
Seller: an individual
Nov 2015Funding round₹1.35 CrInvestors: RNT Capital Advisors, 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

GST

Growtech Innovations India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCG8155N1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Growtech Innovations India Private Limited, buy the company report.

Recent activity

Growtech Innovations India Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Bharat Chand ceased to be Additional Director on 29 Sep 2025.

Ceased
Bharat Chand ceased to be Additional Director.
Ceased
Manoj Kumar Joshi ceased to be Additional Director.
Appointed
Bharat Chand was appointed as Director.
Appointed
Manoj Kumar Joshi was appointed as Director.
AGM
Growtech Innovations India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Growtech Innovations India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Pradip Radhakrishnan Subramaniam was appointed as Director.
Appointed
Puduruthy Vaidyanathan Subramanian was appointed as Director.
Incorporation
03 Dec 2014
Growtech Innovations India Private Limited was registered on 03 Dec 2014 with Roc Bangalore & aged 11 years 11 months as per MCA records.

Frequently asked questions

Growtech Innovations India is an active private limited company based in Bengaluru, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 03 December 2014 (12+ years old) and is registered under CIN U72200KA2014PTC077578.

Growtech Innovations India has 4 current directors:

The latest financial statements of Growtech Innovations India 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 2015 are in the company report.

The GSTIN of Growtech Innovations India is 29AAFCG8155N1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Growtech Innovations India is U72200KA2014PTC077578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Growtech Innovations India was incorporated on 03 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.

Growtech Innovations India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.35 Cr; the latest was in September 2016.

Bharat Chand ceased to be Additional Director on 29 Sep 2025. Manoj Kumar Joshi ceased to be Additional Director on 29 Sep 2025. Bharat Chand was appointed as Director on 08 Jan 2025. Growtech Innovations India has 6 board changes on record in total.

Yes, Growtech Innovations India is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0011477).

Growtech Innovations India can be reached through the website growtech.biz. Its registered office is in Bengaluru, Karnataka, India.