About Gne Growatt Private Limited
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Gne Growatt Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U43222MH2023PTC406970.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Varun Gajra and Mehernosh Rusi Currawalla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹53.23 Lakh (net margin 1.2%) and EBITDA of ₹78.79 Lakh (EBITDA margin 1.7%).
As per MCA filings, the company has open charges of ₹9.5 Lakh on record.
For more details, the company can be reached via its website gne.solar.
Company details
Contact details
Gne Growatt Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressWe Work Enam Sambhav C – 20, G – Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Business activity
The main business activity of Gne Growatt 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Gne Growatt Private Limited, buy the company report.
Financials of Gne Growatt Private Limited
FY 2025 filings availableGne Growatt Private Limited reported revenue of ₹45.15 Cr (up 1434% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
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| Depreciation and Amortisation | ||
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| Total Expenses | ||
| EBITDA | ₹78.79 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹53.23 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Long-term Borrowings | ||
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| Trade Payables | ||
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| Investments | ||
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| Trade Receivables | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.7% | |
| Net Profit Margin | 1.2% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Gne Growatt Private Limited, buy the company report.
Board of directors of Gne Growatt Private Limited
Gne Growatt has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Gajra | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
| Mehernosh Rusi Currawalla Also directs: Fundalogical Ventures Growth LLP, Fundalogical Ventures Investment Management LLP, Mazda Express Logistics LLP and 4 more | Director | 20 Jul 2023 | 3 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101048205 | Hdfc Bank Limited | ₹9.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Gne Growatt 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 Gne Growatt Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gne Growatt Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gne Growatt Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Varun Gajra ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Gne Growatt is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 July 2023 (3+ years old) and is registered under CIN U43222MH2023PTC406970.
Gne Growatt has 2 current directors:
- Varun Gajra - Director
- Mehernosh Rusi Currawalla - Director
The latest financial statements of Gne Growatt on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Gne Growatt is U43222MH2023PTC406970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gne Growatt was incorporated on 20 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Varun Gajra ceased to be Additional Director on 29 Sep 2024. Rajesh Lohia ceased to be Director on 01 Mar 2024. Varun Gajra was appointed as Director on 24 Jul 2023. Gne Growatt has 4 board changes on record in total.
Gne Growatt can be reached through the website gne.solar. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gne Growatt is at We Work Enam Sambhav C – 20, G – Block Bandra Kurla Complex, Mumbai, Maharashtra, India – 400051.
Gne Growatt operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Gne Growatt has open charges of ₹9.5 Lakh and no satisfied charges on record as per latest MCA filings.
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