Growmech Industries Private Limited

Growmech Industries Private Limited - metals and minerals in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U72100MH2007PTC167064 Incorporated 17 January 2007 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company metals and minerals MSME
Data last updated
Revenue · FY 2025
₹322.76 Cr
▲ 35% YoY
Net profit · FY 2025
₹2.23 Cr
Net margin 0.7%
EBITDA · FY 2025
₹6.73 Cr
EBITDA margin 2.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹65 Cr
Satisfied ₹26.5 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
57
Provident fund records

About Growmech Industries Private Limited

Data last updated:

Growmech Industries Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 17 January 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72100MH2007PTC167064. Its GSTIN is 27AACCG7494D1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Globus International Private Limited. It is led by directors including Pradeep Kumar Jain and Anup Kumar Agarwal.

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 Thane, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹322.76 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 0.7%) and EBITDA of ₹6.73 Cr (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 47% over five years.

The company has about 57 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹65 Cr and satisfied charges of ₹26.5 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2018. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 151 overdue payments to 62 micro and small suppliers.

Growmech Industries Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-33-0029013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growmechgroup.com.

Company details

CIN U72100MH2007PTC167064
Registration Number 167064
Incorporation Date 17 January 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-33-0029013

CIN history

Growmech Industries has one previous CIN (Corporate Identification Number): U51101MH2007PTC167064. The current CIN is U72100MH2007PTC167064, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72100MH2007PTC167064Current
U51101MH2007PTC167064Previous
Key People
Pradeep Kumar Jain Director Anup Kumar Agarwal Director Arun Goyal Director

Recognitions & Rankings of Growmech Industries

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-33-0029013

Contact details

Growmech Industries Private Limited's registered office is in Thane, Maharashtra. Its website is growmechgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    growmechgroup.com
  • Social Media
  • Registered Address
    Office – 1501 Plot No – 9 The Affaires, Sec – 17 Sanpada Navi Mumbai, Thane, Maharashtra, India – 400703
  • Industry
    Metals and Minerals, Metal Retail & Distribution

To see the full contact details of Growmech Industries Private Limited, buy the company report.

Comprehensive company report
Growmech Industries 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
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Business activity

The main business activity of Growmech Industries is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles46Wholesale trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Growmech Industries Private Limited, buy the company report.

Financials of Growmech Industries Private Limited

FY 2024 filings available

Growmech Industries Private Limited reported revenue of ₹322.76 Cr (up 35% YoY) for FY 2025.

Revenue · FY 2025
₹322.76 Cr ▲ 35%
Net profit · FY 2025
₹2.23 Cr margin 0.7%
EBITDA · FY 2025
₹6.73 Cr margin 2.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 18%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 52%
5 years · compounded
▲ 69%

Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 35% growth in the latest year. EBITDA rose 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹6.73 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.23 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.1%
Net Profit Margin0.7%
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 Growmech Industries Private Limited, buy the company report.

Board of directors of Growmech Industries Private Limited

Growmech Industries has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pradeep Kumar Jain
Also directs: Venus Bikes Private Limited, Innov Engineering Private Limited, Elegent Business Solutions Private Limited and 1 more
Director14 Feb 20197 Years 8 MonthsCurrent
Anup Kumar Agarwal
Also directs: Venus Bikes Private Limited, Innov Engineering Private Limited, Elegent Business Solutions Private Limited and 1 more
Director13 Mar 20188 Years 7 MonthsCurrent
Arun Goyal
Also directs: Innov Engineering Private Limited, Mega Land Solutions Private Limited, Bilt Rite Packagings Private Limited
Director25 May 20188 Years 5 MonthsCurrent
Ajeet Mundra
Also directs: Elegent Business Solutions Private Limited
Director13 Mar 20188 Years 7 MonthsCurrent
View all directors

Auditor

Growmech Industries Private Limited is audited by Tanveer Bhagat & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Tanveer Bhagat & Co.FY 2023140696W

Shareholding

The shareholding of Growmech Industries 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 Growmech Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹65 Cr
Satisfied charges
₹26.5 Cr
Breakdown by lending institutions
Others₹50.00 Cr
Yes Bank Limited₹15.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jan 2025101067215Others₹10 CrOpen
07 Dec 2024101018821Others₹20 CrOpen
23 Jul 2024100958488Yes Bank Limited₹15 CrOpen
27 Apr 2023100731581Others₹20 CrOpen
04 Mar 2024100890814Axis Bank Limited₹10 CrSatisfied

To see the full charge records of Growmech Industries Private Limited, buy the company report.

Total charge records: 7 View all charges

Deals & funding

Growmech Industries Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals

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

MSME payment delays

Growmech Industries Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 151 overdue payments to 62 micro and small suppliers. 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 (5 of 62)

SupplierAmount dueDue sinceReported on
Innovative Technologies
Indomax
Hitech Tools and Instruments
an individual supplier
an individual supplier

To see the full MSME payment records of Growmech Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Growmech Industries Private Limited has a workforce of 57 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
57
Active EPFO establishments
1
Employee growth
29.55%

GST

Growmech Industries has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AACCG7494D1ZGMaharashtraActive01 Jul 2017
06AACCG7494D1ZKHaryanaActive19 Sep 2023

To see the full GST registrations and return filing status of Growmech Industries Private Limited, buy the company report.

Recent activity

Growmech Industries Private Limited has 8 board changes on record since 2018: 4 appointments and 4 cessations. The latest: Om Prakash Mundra ceased to be Director on 21 Jul 2024.

Charges
A charge with Others of Rs. 10.00 Cr registered on 31 Jan 2025 with Charge ID 101067215 was modified on 02 Sep 2025.
Charges
A charge registered on 04 Mar 2024 via Charge ID 100890814 with Axis Bank Limited was fully satisfied on 27 Feb 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101067215 was registered on 31 Jan 2025.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101018821 was registered on 07 Dec 2024.
AGM
Growmech Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Yes Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100958488 was registered on 23 Jul 2024.
Ceased
Om Prakash Mundra ceased to be Director.
Filing
Growmech Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100890814 was registered on 04 Mar 2024.
Charges
A charge with Others of Rs. 20.00 Cr registered on 27 Apr 2023 with Charge ID 100731581 was modified on 15 Jul 2023.
Charges
A charge registered on 10 Nov 2021 via Charge ID 100498916 with Others was fully satisfied on 11 Jul 2023.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100731581 was registered on 27 Apr 2023.

12 earlier events are in the company report.

Frequently asked questions

Growmech Industries is an active private limited company based in Thane, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 17 January 2007 (19+ years old) and is registered under CIN U72100MH2007PTC167064.

Growmech Industries has 4 current directors:

The latest financial statements of Growmech Industries 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 Growmech Industries is 27AACCG7494D1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AACCG7494D1ZK (Haryana).

The CIN (Corporate Identification Number) of Growmech Industries is U72100MH2007PTC167064. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Growmech Industries has 13 court cases on record: 11 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

Growmech Industries was incorporated on 17 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

Growmech Industries has 2 deals on record (2 secondary share transfers); the latest was in March 2018.

Om Prakash Mundra ceased to be Director on 21 Jul 2024. Pradeep Kumar Jain ceased to be Additional Director on 30 Sep 2019. Pradeep Kumar Jain was appointed as Director on 14 Feb 2019. Growmech Industries has 8 board changes on record in total.

Yes, Growmech Industries is registered as an MSME under Udyam registration (number: UDYAM-MH-33-0029013).

Growmech Industries has 12 MSME Form 1 returns on record between 2019 and 2024, listing 151 overdue payments to 62 micro and small suppliers. The latest return was filed on 30 Apr 2024.