About Grandway Technologies Private Limited
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Grandway Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Grandway Advisory Services Llp (Indian Llp). It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 20 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U64990KA2020PTC136220. Its GSTIN is 29AAICG4018P1Z3 (Karnataka).
The company has an authorised share capital of ₹150.1 Cr and a paid-up capital of ₹150.04 Cr. It is led by directors Rakesh Kumar Aggarwal and Vishnu Jerome.
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 No. 430 3rd Floor 4th Block 8th Main Road Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.3 Lakh, a decline of 87% compared to the previous year. For the same year it recorded a net loss of ₹53.21 Lakh (net margin -68%) and EBITDA of -₹24.54 Lakh (EBITDA margin -31.3%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years.
As per MCA filings, the company has open charges of ₹150 Cr and satisfied charges of ₹150 Cr on record.
For more details, the company can be reached via its website grandwaytech.com.
Company details
CIN history
Grandway Technologies has one previous CIN (Corporate Identification Number): U72900KA2020PTC136220. The current CIN is U64990KA2020PTC136220, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990KA2020PTC136220 | Current |
| U72900KA2020PTC136220 | Previous |
Contact details
Grandway Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is grandwaytech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 430 3rd Floor 4th Block 8th Main Road Koramangala, Bangalore, Karnataka, India – 560034
- IndustryInternet, Online Financial Services
To see the full contact details of Grandway Technologies 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
Financials of Grandway Technologies Private Limited
FY 2025 filings availableGrandway Technologies Private Limited reported revenue of ₹78.3 Lakh (down 87% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over three years, including a 87% fall in the latest year. EBITDA fell 110% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹24.54 Lakh | ||||
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| Net Profit (PAT) | -₹53.21 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -31.3% | ||||
| Net Profit Margin | -68% | ||||
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To see the full financial statements and ratios of Grandway Technologies Private Limited, buy the company report.
Board of directors of Grandway Technologies Private Limited
Grandway Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Aggarwal Also directs: Grandway Advisory Services LLP, Atlas Equifin Private Limited, Genejunction Healthcare Services Private Limited and 1 more | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Vishnu Jerome Also directs: Grandway Advisory Services LLP, Genejunction Healthcare Services Private Limited, Jerome Merchant & Partners LLP and 4 more | Director | 20 Jul 2020 | 6 Years 3 Months | Current |
Peer comparison
Grandway Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karaikudi Finance Limited | ₹78.53 Lakh (FY 2025) | -46.0% | Karaikudi, Tamil Nadu, India | |||
| Vistas Finance Private Limited | ₹78.53 Lakh (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Neofirst Technologies India Private Limited | ₹78.48 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Gurukripa Finance & Consultancy Private Limited | ₹78.4 Lakh (FY 2024) | 53.0% | Mumbai, Maharashtra, India | |||
| JSS Investment & Finance Pvt Ltd | ₹78.34 Lakh (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Grandway Technologies Private Limitedthis company | ₹78.3 Lakh (FY 2025) | -₹53.21 Lakh | -68% | -87.0% | Bangalore, Karnataka, India | |
| Shaan Finance Limited | ₹78.24 Lakh (FY 2025) | -75.0% | Bangalore, Karnataka, India | |||
| Bhamburdekar Finance Private Limited | ₹78.14 Lakh (FY 2024) | 429.0% | Pune, Maharashtra, India | |||
| Infinity Finance Limited | ₹78.12 Lakh (FY 2017) | 11.0% | Kolkata, West Bengal, India | |||
| Anupam Motor Finance Limited | ₹78.12 Lakh (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| Paridhi Finance Limited | ₹78.06 Lakh (FY 2025) | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Grandway Technologies Private Limited, buy the company report.
Auditor
Grandway Technologies Private Limited is audited by ZADN & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZADN & Associates | FY 2023 | 112306W |
Shareholding
The shareholding of Grandway Technologies Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Grandway Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Oct 2020 | 100396099 | Citi Bank N.A. | ₹150 Cr | Open | |
| 27 Oct 2022 | 100655027 | Hdfc Bank Limited | ₹75 Cr | Satisfied | |
| 27 Oct 2022 | 100666303 | Hdfc Bank Limited | ₹75 Cr | Satisfied |
To see the full charge records of Grandway Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Grandway Technologies 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 Grandway Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grandway Technologies Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Grandway Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICG4018P1Z3 | Karnataka | Active | 07 Aug 2020 |
To see the full GST registrations and return filing status of Grandway Technologies Private Limited, buy the company report.
Recent activity
Grandway Technologies Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Rakesh Kumar Aggarwal ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Grandway Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in online financial services, within the internet industry. It was incorporated on 20 July 2020 (6+ years old) and is registered under CIN U64990KA2020PTC136220.
Grandway Technologies has 2 current directors:
- Rakesh Kumar Aggarwal - Director
- Vishnu Jerome - Director
The latest financial statements of Grandway Technologies 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 2021 are in the company report.
The GSTIN of Grandway Technologies is 29AAICG4018P1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Grandway Technologies is U64990KA2020PTC136220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grandway Technologies was incorporated on 20 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Grandway Technologies by revenue are Karaikudi Finance Limited, Vistas Finance Private Limited, Neofirst Technologies India Private Limited, Gurukripa Finance & Consultancy Private Limited, JSS Investment & Finance Pvt Ltd and 5 more, all in the Ecommerce and Internet industry (Finance).
Rakesh Kumar Aggarwal ceased to be Additional Director on 30 Nov 2021. Rakesh Kumar Aggarwal was appointed as Director on 15 Mar 2021. Santu Narayan Das ceased to be Director on 15 Mar 2021. Grandway Technologies has 4 board changes on record in total.
Grandway Technologies can be reached through the website grandwaytech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Grandway Technologies is at No. 430 3rd Floor 4th Block 8th Main Road Koramangala, Bangalore, Karnataka, India – 560034.
Grandway Technologies operates in the internet industry, in the online financial services segment.