Allygrow Technologies Private Limited

Allygrow Technologies Private Limited - engineering in Haveli, Maharashtra, India. Directors, charges & compliance details.
CIN U74900PN2015PTC155682 Incorporated 06 July 2015 ROC Pune HQ Haveli, Maharashtra, India
Merged Private Limited Company engineering
Data last updated
Revenue · FY 2024
₹41.32 Cr
▲ 76% YoY
Net profit · FY 2024
₹11.4 Cr
Net margin 27.6%
EBITDA · FY 2024
₹16.59 Cr
EBITDA margin 40.2%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹25.28 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
131
Provident fund records
Directors on board
5
As per MCA filings

About Allygrow Technologies Private Limited

Data last updated:

Allygrow Technologies Private Limited was a private limited company based in Haveli, Maharashtra, India, operated as a subsidiary of Ceinsys Tech Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the engineering design and consultancy segment of the engineering sector. It was incorporated on 06 July 2015.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC155682. Its GSTIN is 27AANCA6170D1ZO (Maharashtra). The company held 3 GST registrations, all of them active.

The company had an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹25.28 Lakh. It was led by directors including Vishal Babasaheb Pawar (Whole-Time Director) and Satish Ramchandra Wate.

Its last annual general meeting (AGM) was held on 19 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 8th Floor Unit 802 Amar Madhuban Tech Park, Haveli, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹41.32 Cr, a growth of 76% compared to the previous year. For the same year it recorded a net profit of ₹11.4 Cr (net margin 27.6%) and EBITDA of ₹16.59 Cr (EBITDA margin 40.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 7% over five years.

The company had about 131 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 2 subsidiaries.

The company was associated with 1 brand: Allygrow. Court records list 5 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹141.49 Cr; the latest was in August 2022. Its 10 peer companies in the Engineering industry (Engineering Design) are compared by revenue, 5 larger and 5 smaller; the largest is Sutek Systems (India) Private Limited. The company has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier.

The last known website on record is allygrow.com.

Company Details of Allygrow Technologies Private Limited
CIN U74900PN2015PTC155682
Registration Number 155682
Incorporation Date 06 July 2015
ROC Pune
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 19 August 2024
Date of Balance Sheet 31 March 2024
Parent Company Ceinsys Tech Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    8th Floor Unit 802 Amar Madhuban Tech Park, Survey No. 43/1 And 44/1/1 Opp. Audi Showroom Baner Pune, Haveli, Maharashtra, India – 411045
  • Industry
    Engineering, Engineering Design & Consultancy
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Financials, compliance, directors, charges, ownership and filings for Allygrow Technologies Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of Allygrow Technologies Private Limited

The main business activity of Allygrow Technologies is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Allygrow Technologies Private Limited FY 2024 filings available

Allygrow Technologies Private Limited reported revenue of ₹41.32 Cr (up 76% YoY) for FY 2024.

Revenue · FY 2024
₹41.32 Cr ▲ 76%
Net profit · FY 2024
₹11.4 Cr margin 27.6%
EBITDA · FY 2024
₹16.59 Cr margin 40.2%

Compounded Annual Growth Rate (CAGR) of Allygrow Technologies Private Limited

Revenue CAGR growth
1 year
▲ 76%
3 years · compounded
▲ 12%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 32%
3 years · compounded
▲ 38%
5 years · compounded
▲ 29%

Revenue rose 76% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 32% 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 of Allygrow Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹16.59 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹11.4 Cr••••••••••••••••
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 of Allygrow Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin40.2%••••••••••••••••
Net Profit Margin27.6%••••••••••••••••
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 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 Allygrow Technologies are in the company report.

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Financial statements from FY 2016

Earlier years and trend charts are in the company report.

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Peer Comparison of Allygrow Technologies Private Limited

Allygrow Technologies Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Design). Revenue, net profit, margin and growth of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sutek Systems (India) Private Limited••••••••••••••••60Bangalore, Karnataka, India
Ambigai Consultancy Services (India) Private Limited••••••••••••••••119Chennai, Tamil Nadu, India
Opmobility Lighting India Private Limited••••••••••••••••-Haveli, Maharashtra, India
Structwel Designers and Consultants Private Limited••••••••••••••••-Navi Mumbai, Maharashtra, India
Gstone Infra Private Limited••••••••••••••••-Delhi, India
Allygrow Technologies Private Limited this company••••••••••••••••-Haveli, Maharashtra, India
Suria Steeltech Private Limited••••••••••••••••-Pune, Maharashtra, India
Core-Ehs Solutions Private Limited••••••••••••••••392Surat, Gujarat, India
RM Engineering Interiors India Private Limited••••••••••••••••209Chennai, Tamil Nadu, India
Ishom Estate Private Limited••••••••••••••••-New Delhi, Delhi, India
Ams Semiconductors India Private Limited••••••••••••••••48Hyderabad, Telangana, India

Peers are the five companies nearest above and the five nearest below Allygrow Technologies by revenue in the Engineering industry (Engineering Design), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.

Auditor Details of Allygrow Technologies Private Limited

Allygrow Technologies Private Limited is audited by Chaturvedi & Shah LLP for the financial year 2023.

NameStatusAppointment DateCessation Date
Chaturvedi & Shah LLPLockedLockedLocked
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Board of Directors of Allygrow Technologies Private Limited

Allygrow Technologies has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Satish Ramchandra WateDirector07 Feb 20224 Years 8 MonthsAs last reported
Rahul Sudhakar JoharapurkarDirector07 Feb 20224 Years 8 MonthsAs last reported
Abhay Surendra KimmatkarDirector07 Feb 20224 Years 8 MonthsAs last reported
Prashant Prabhakar KamatDirector07 Feb 20224 Years 8 MonthsAs last reported
Vishal Babasaheb PawarWhole-Time Director07 Feb 20224 Years 8 MonthsAs last reported

Ownership and Shareholding of Allygrow Technologies Private Limited

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Charges & Borrowings of Allygrow Technologies Private Limited

Allygrow Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Allygrow Technologies Private Limited

Allygrow Technologies Private Limited has 10 deals on record (6 secondary share transfers, 4 funding rounds), with disclosed funding of ₹141.49 Cr; the latest was in August 2022.

Total deals
10
Secondary share transfers
6
Funding rounds
4
Disclosed funding
₹141.49 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Jun 2022Secondary share transferUndisclosedBuyer: Ceinsys Tech Limited
Seller: Zodius Capital, Elder Ventures LLP, Ashok Patni Family Trust
Dec 2021Secondary share transferUndisclosedSeller: Allgrow Technologies Esop Trust, WST Capital GMBH, Elder Ventures LLP
Mar 2021Secondary share transferUndisclosedBuyer: Elder Ventures LLP
Seller: Techpro Ventures
Jan 2019Funding round · Series A₹6.5 CrInvestors: Zodius Capital, Techpro Ventures
Jul 2016Funding round · Series A₹14.01 CrInvestors: Zodius Capital, Techpro Ventures
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Full deal history

All 10 deals with amounts, valuations, instruments and every party are in the company report.

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

MSME Payment Delays by Allygrow Technologies Private Limited

Allygrow Technologies Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Vinnovative Engineering Private Limited••••••••••••
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Full MSME payment history

Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.

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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Associated Brands with Allygrow Technologies Private Limited

Allygrow Technologies operates one associated brand: Allygrow. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of product design and industrial automation solutionsallygrow.com

Employees and EPFO Compliance at Allygrow Technologies Private Limited

Allygrow Technologies Private Limited has a workforce of 131 employees as of Mar 22, 2024.

Employee count
131
Active EPFO establishments
1
Employee growth
24.76%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Allygrow Technologies Private Limited

Allygrow Technologies has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Allygrow Engineering Services Private LimitedU72200PN2015FTC167067Locked
Allygram Systems And Technologies Private LimitedU74999PN2018PTC177637Locked

Showing major subsidiaries. Total: 2.

Recent Activity on Allygrow Technologies Private Limited

Allygrow Technologies Private Limited has 17 board changes on record since 2020: 5 appointments and 12 cessations. The latest: Jaideep Prakash Pandya ceased to be Company Secretary on 06 May 2023.

AGM
Allygrow Technologies Private Limited last Annual general meeting of members was held on 19 Aug 2024 as per latest MCA records.
Filing
Allygrow Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Jaideep Prakash Pandya ceased to be Company Secretary.
Appointed
Abhay Surendra Kimmatkar was appointed as Director.
Ceased
Abhay Surendra Kimmatkar ceased to be Additional Director.
Ceased
Neeraj Bhargava ceased to be Director.
Appointed
Prashant Prabhakar Kamat was appointed as Director.
Ceased
Prashant Prabhakar Kamat ceased to be Additional Director.
Appointed
Rahul Sudhakar Joharapurkar was appointed as Director.
Ceased
Rahul Sudhakar Joharapurkar ceased to be Additional Director.
Appointed
Satish Ramchandra Wate was appointed as Director.
Ceased
Satish Ramchandra Wate ceased to be Additional Director.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Allygrow Technologies Private Limited

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Subsidiaries & Group Companies of Allygrow Technologies Private Limited

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GST Compliance of Allygrow Technologies Private Limited

Allygrow Technologies has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
27AANCA6170D1ZOMaharashtraActive01 Jul 2017
29AANCA6170D1ZKKarnatakaActive01 Jul 2017
27AANCA6170D2ZNMaharashtraActive06 Sep 2018
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Allygrow Technologies Private Limited

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MCA filings and documents

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Frequently Asked Questions about Allygrow Technologies Private Limited

Allygrow Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Allygrow Technologies was a private limited company based in Haveli, Maharashtra, India. The company worked in engineering design and consultancy, within the engineering industry. It was incorporated on 06 July 2015 and is registered under CIN U74900PN2015PTC155682. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Allygrow Technologies was incorporated on 06 July 2015. It is registered with the Registrar of Companies, Pune.

Allygrow Technologies had 5 directors:

The CIN (Corporate Identification Number) of Allygrow Technologies is U74900PN2015PTC155682. 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 Allygrow Technologies is at 8th Floor Unit 802 Amar Madhuban Tech Park, Survey No. 431 And 4411 Opp. Audi Showroom Baner Pune, Haveli, Maharashtra, India – 411045.

Allygrow Technologies can be reached through the website allygrow.com. Its registered office is in Haveli, Maharashtra, India.

Allygrow Technologies reported revenue of ₹41.32 Cr for FY 2024 (up 76% YoY).

Allygrow Technologies has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹25.28 Lakh.

Allygrow Technologies reported a net profit of ₹11.4 Cr (net margin 27.6%) and EBITDA of ₹16.59 Cr (EBITDA margin 40.2%) for FY 2024, as per its filed financial statements.

The GSTIN of Allygrow Technologies is 27AANCA6170D1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AANCA6170D1ZK (Karnataka), 27AANCA6170D2ZN (Maharashtra).

Allygrow Technologies operated in the engineering industry, in the engineering design and consultancy segment.

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