About GrowMoreSpace Solutions
GrowMoreSpace Solutions is a company based in Mumbai (India) founded in 2010. It operates as a B2C. GrowMoreSpace Solutions offers products and services including GrowMore Onyx, GrowMore Emerald, and GrowMore Bliss. GrowMoreSpace Solutions operates in a competitive market with competitors including Arkade, Shriram Properties, Puravankara, Alliance Infrastructure and VBHC, among others.
- Headquarter Mumbai, India
- SectorsReal Estate & Construction
- Email••••••••
- Phone•••• ••••
- Website growmorespace.com
- Social X Facebook Instagram
- Legal Name Growmore Space Solutions Private Limited
- Date of Incorporation 15 Feb, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹59.77 Cr
FY 2024 · +552% YoY
- Net Profit₹1.59 Cr
FY 2024 · 3% margin
- EBITDA₹5.83 Cr
FY 2024 · 10% margin
Associated legal entities of GrowMoreSpace Solutions
GrowMoreSpace Solutions operates through Growmore Space Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Growmore Space Solutions Private Limited CIN U70109MH2010PTC200002 | Active | 15 Feb 2010 | Mumbai, Maharashtra | ₹59.8 Cr | – | 7 | View details |
Products & Services of GrowMoreSpace Solutions
GrowMoreSpace Solutions offers a comprehensive portfolio of products and services, including GrowMore Onyx, GrowMore Emerald, and GrowMore Bliss.
Affordable housing development in Malad Mumbai.
Calm living residential project in Malad.
Completed affordable housing in Malwani area.
Board of directors of Growmore Space Solutions Private Limited (GrowMoreSpace Solutions)
Growmore Space Solutions Private Limited is the primary company behind GrowMoreSpace Solutions. The board of Growmore Space Solutions Private Limited currently have 7 directors; the longest-serving is Thakershi Meghji Shethia, appointed in 2010. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Thakershi Meghji Shethia DIN 01359628 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Bharat Meghji Shethia DIN 00276755 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Jayantilal Meghji Shethia DIN 01359584 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Samir Thakershi Shethia DIN 01720669 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Pratik Shantilal Shethia DIN 02915454 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Mayur Kirti Shethia DIN 02928610 | Director | 15 Feb 2010 | 16 yrs 7 mo | Growmore Space Solutions Private Limited |
| Kayvan Narendra Nandu DIN 07992951 | Director | 15 Nov 2017 | 8 yrs 10 mo | Growmore Space Solutions Private Limited |
Financials of GrowMoreSpace Solutions
Figures of Growmore Space Solutions Private Limited, the primary company behind GrowMoreSpace Solutions, for FY 2024. Revenue was ₹59.77 Cr (+552% year on year). Net profit was ₹1.59 Cr (3% margin). EBITDA was ₹5.83 Cr (10% margin). Revenue has grown at a compounded annual rate of +455% over three years and +70% over five years.
- ₹59.77 CrRevenue · FY 2024 · +552% YoY
- ₹1.59 CrNet profit · 3% margin
- ₹5.83 CrEBITDA · 10% margin
- ₹80 LakhPaid-up capital
- +455%Revenue CAGR, 3 years
- +70%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Growmore Space Solutions Private Limited are on its company page.
Detailed financial statements for GrowMoreSpace Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Competitors of GrowMoreSpace Solutions
GrowMoreSpace Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Arkade, Shriram Properties, Puravankara, Alliance Infrastructure and VBHC, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arkade.in | 1984 | Mumbai, India | $1.1M | 98 | Residential properties are developed by Arkade in Mumbai, India. | |
| shriramproperties.com | 1995 | Bengaluru, India | $642.34M | 1,620 | Residential properties are developed in mid-market and affordable segments. | |
| puravankara.com | 1975 | Bengaluru, India | – | 940 | Residential and commercial properties are developed across various segments. | |
| alliancein.com | 2004 | Chennai, India | – | 350 | Residential real estate properties are developed by Alliance Infrastructure. | |
| vbhc.com | 2009 | Bengaluru, India | $135.12M | 88 | Developer of residential real estate projects | |
| providenthousing.com | 2008 | Bengaluru, India | $138.02M | 429 | Residential properties are developed for aspirational home ownership. | |
| jalindia.com | 1958 | Noida, India | – | 5,774 | Diversified operations across multiple industries are managed by Jaypee Group. | |
| tvsgroup.com | 1911 | Madurai, India | – | 29 | Operations are conducted across multiple industries by the diversified conglomerate. | |
| rohanbuilders.com | 1993 | Pune, India | $8.7M | 2,234 | Provider of real estate and infrastructure developer services | |
| panchshil.com | 2002 | Pune, India | – | – | Residential buildings are developed by Panchshil in Pune, India. |
Detailed competitors of GrowMoreSpace Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to GrowMoreSpace Solutions
10 companies that operate in the same segment as GrowMoreSpace Solutions (Affordable & Senior Housing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Loans for affordable housing in tier 2,3 and 4 cities | 2010 | Mumbai, Maharashtra, India | USD 607.85 M | USD 389.13 M | 4,580 | |
Affordable housing finance solutions are provided to underserved individuals. | 2010 | Gurugram, Haryana, India | USD 236.82 M | USD 31.04 M | 2,880 | |
Home loans and financial services are provided to customers. | 2014 | Bengaluru, Karnataka, India | USD 38.2 M | USD 4.42 M | 579 | |
REIT that focuses on senior living and healthcare sectors | 1992 | Hunt Valley, Maryland, United States | – | USD 1.2 B | 60 | |
Provider of prefabricated building solutions for diverse sectors | 1999 | Noida, Uttar Pradesh, India | USD 61.74 M | USD 162.53 M | – | |
Nursing and senior living center services are provided nationwide. | 1978 | Durant, Oklahoma, United States | USD 100 M | USD 3.19 B | 36,000 | |
Healthcare real estate investment trust | 1970 | Toledo, Ohio, United States | – | USD 6.56 B | 533 | |
Provider of assisted living and senior independent living homes | 2017 | Chennai, Tamil Nadu, India | USD 18.65 M | USD 2.62 M | 424 | |
Loans for affordable housing are provided to low-income families. | 2009 | Chennai, Tamil Nadu, India | USD 188.49 M | USD 239.17 M | 3,350 | |
Age-friendly homes are developed for senior living communities. | 1979 | Delhi, Delhi, India | – | USD 121.82 M | 4,320 |
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Frequently Asked Questions about GrowMoreSpace Solutions
GrowMoreSpace Solutions was founded in 2010.
GrowMoreSpace Solutions is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind GrowMoreSpace Solutions, Growmore Space Solutions Private Limited, reported revenue of ₹59.77 Cr for FY 2024, up 552% year on year.
GrowMoreSpace Solutions Pvt. Ltd. specializes in real estate development, providing project management and turnkey solutions for residential properties. They focus on affordable housing in Mumbai, with projects like GrowMore Onyx and Emerald in Malad. Operating for over a decade, they bridge contemporary and budget living, serving families through direct sales and site developments. Key locations include Santacruz and Malad areas.
GrowMoreSpace Solutions's top competitors include Arkade, Puravankara and Shriram Properties.
GrowMoreSpace Solutions offers GrowMore Onyx, GrowMore Emerald, and GrowMore Bliss.
GrowMoreSpace Solutions operates through Growmore Space Solutions Private Limited.
The legal entities of GrowMoreSpace Solutions currently have 7 directors, including Kayvan Narendra Nandu, Thakershi Meghji Shethia, Bharat Meghji Shethia and others.