
About Evergrow Solutions Private Limited
Data last updated:
Evergrow Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 08 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2012PTC230734. Its GSTIN is 27AADCE0414A1ZH (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajiv Suresh Atre and Suchita Rajeev Atre.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 12/312 Vivek Building Roop Nagar Bandra – East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2019, the company reported a revenue of ₹13.74 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹3.98 Lakh (net margin -29%) and EBITDA of -₹3.17 Lakh (EBITDA margin -23.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 22% over five years.
The company is associated with 1 brand: Evergrow Solutions.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website evergrowsolutions.com.
Company details
Contact details
Evergrow Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is evergrowsolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address12/312 Vivek Building Roop Nagar Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryInformation Technology, Web Design & Maintenance Services
To see the full contact details of Evergrow Solutions 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
Brands
Evergrow Solutions operates one associated brand: Evergrow Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers web design, development, SEO, and online promotion services for businesses. | evergrowsolutions.com |
Business activity
The main business activity of Evergrow Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Evergrow Solutions Private Limited, buy the company report.
Financials of Evergrow Solutions Private Limited
FY 2023 filings availableEvergrow Solutions Private Limited reported revenue of ₹13.74 Lakh (down 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 42% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹3.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.98 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.1% | ||||
| Net Profit Margin | -29% | ||||
| 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 Evergrow Solutions Private Limited, buy the company report.
Board of directors of Evergrow Solutions Private Limited
Evergrow Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suchita Rajeev Atre | Additional Director | 06 Jul 2021 | 5 Years 3 Months | Current |
| Rajiv Suresh Atre | Director | 08 May 2012 | 14 Years 5 Months | Current |
Auditor
Evergrow Solutions Private Limited is audited by AMAR BAFNA & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMAR BAFNA & ASSOCIATES | FY 2015 | 114854W |
Shareholding
The shareholding of Evergrow Solutions Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Evergrow Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Evergrow Solutions 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 Evergrow Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Evergrow Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE0414A1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evergrow Solutions Private Limited, buy the company report.
Recent activity
Evergrow Solutions Private Limited has 3 board changes on record since 2012: 2 appointments and 1 cessation. The latest: Suchita Rajeev Atre was appointed as Additional Director on 06 Jul 2021.
Frequently asked questions
Evergrow Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 08 May 2012 (14+ years old) and is registered under CIN U72900MH2012PTC230734.
Evergrow Solutions has 2 current directors:
- Suchita Rajeev Atre - Additional Director
- Rajiv Suresh Atre - Director
The latest financial statements of Evergrow Solutions on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Evergrow Solutions is 27AADCE0414A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Evergrow Solutions is U72900MH2012PTC230734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evergrow Solutions was incorporated on 08 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Suchita Rajeev Atre was appointed as Additional Director on 06 Jul 2021. Suresh Janardan Atre ceased to be Director on 06 Jul 2021. Rajiv Suresh Atre was appointed as Director on 08 May 2012.
Evergrow Solutions can be reached through the website evergrowsolutions.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Evergrow Solutions is at 12312 Vivek Building Roop Nagar Bandra – East, Mumbai, Maharashtra, India – 400051.
Evergrow Solutions operates in the information technology industry, in the web design and maintenance services segment.

