Grass Sprout Heritage Private Limited
About Grass Sprout Heritage Private Limited
Data last updated:
Grass Sprout Heritage Private Limited was a private limited company based in Ernakulam, Kerala, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the restaurants and food services segment of the hospitality and wellness sector. It was incorporated on 25 October 2018.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U55209KL2018PTC055271.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Simmy Balan and Ashalatha Chakkingal.
Its last annual general meeting (AGM) was held on 22 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Door No:IX/91 Pulikkal Building Vattapara Edakkattuvayal, Ernakulam, Kerala, India – 682313.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.61 Lakh, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹5.88 Lakh (net margin -225.3%) and EBITDA of -₹5.52 Lakh (EBITDA margin -211.6%).
Company details
Contact details
Grass Sprout Heritage Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No:IX/91 Pulikkal Building Vattapara Edakkattuvayal, Ernakulam, Kerala, India – 682313
- IndustryHospitality & Wellness, Restaurants, Bars And Canteens
To see the full contact details of Grass Sprout Heritage 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
Business activity
The main business activity of Grass Sprout Heritage is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Grass Sprout Heritage Private Limited, buy the company report.
Financials of Grass Sprout Heritage Private Limited
FY 2021 filings availableGrass Sprout Heritage Private Limited reported revenue of ₹2.61 Lakh (down 74% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹2.61 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹5.52 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹5.88 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -211.6% | ||
| Net Profit Margin | -225.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Grass Sprout Heritage Private Limited, buy the company report.
Board of directors of Grass Sprout Heritage Private Limited
Grass Sprout Heritage has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simmy Balan Also directs: Quest Sales Concepts LLP | Director | 09 Nov 2018 | 7 Years 11 Months | As last reported |
| Ashalatha Chakkingal Also directs: Purvaja Fincap Private Limited | Director | 25 Oct 2018 | 8 Years 0 Months | As last reported |
| Sumith Sekhar | Director | 09 Nov 2018 | 7 Years 11 Months | As last reported |
| Ashok Moothedath | Director | 25 Oct 2018 | 8 Years 0 Months | As last reported |
Peer comparison
Grass Sprout Heritage Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Luzern Ventures Private Limited | ₹2.62 Lakh (FY 2022) | 113.0% | Lucknow, Uttar Pradesh, India | |||
| Hamara Holiday Private Limited | ₹2.62 Lakh (FY 2022) | 34.0% | Delhi, India | |||
| Livelehood Habitat Solutions Private Limited | ₹2.62 Lakh (FY 2024) | Vanur, Tamil Nadu, India | ||||
| Deepsea Holidays Private Limited | ₹2.61 Lakh (FY 2021) | Nagpur, Maharashtra, India | ||||
| Finework Infraproject Private Limited | ₹2.61 Lakh (FY 2020) | 983.0% | Pune, Maharashtra, India | |||
| Grass Sprout Heritage Private Limitedthis company | ₹2.61 Lakh (FY 2021) | -₹5.88 Lakh | -225.3% | -74.0% | Ernakulam, Kerala, India | |
| Sukham Hospitality Private Limited | ₹2.6 Lakh (FY 2024) | -59.0% | Dalhousie, Himachal Pradesh, India | |||
| Shirui Lily Private Limited | ₹2.57 Lakh (FY 2024) | -54.0% | Imphal, Manipur, India | |||
| Elite Health and Resorts Company Private Limited | ₹2.57 Lakh (FY 2024) | Malappuram, Kerala, India | ||||
| Karbonik21 Private Limited | ₹2.57 Lakh (FY 2025) | 398.0% | Bareilly, Uttar Pradesh, India | |||
| Cinnamon Hotels Private Limited | ₹2.56 Lakh (FY 2025) | 102.0% | Calangute, Goa, India |
To see the full peer comparison of Grass Sprout Heritage Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grass Sprout Heritage 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 Grass Sprout Heritage 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 Grass Sprout Heritage Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grass Sprout Heritage Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Simmy Balan ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Grass Sprout Heritage has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Grass Sprout Heritage was a private limited company based in Ernakulam, Kerala, India. The company worked in restaurants, within the hospitality and wellness industry. It was incorporated on 25 October 2018 and is registered under CIN U55209KL2018PTC055271. The company has been struck off by the Registrar of Companies and is no longer operational.
Grass Sprout Heritage had 4 directors:
- Simmy Balan - Director
- Ashalatha Chakkingal - Director
- Sumith Sekhar - Director
- Ashok Moothedath - Director
The CIN (Corporate Identification Number) of Grass Sprout Heritage is U55209KL2018PTC055271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Grass Sprout Heritage is at Door No:IX91 Pulikkal Building Vattapara Edakkattuvayal, Ernakulam, Kerala, India – 682313.
Grass Sprout Heritage was incorporated on 25 October 2018. It is registered with the Registrar of Companies, Ernakulam.
The latest financial statements of Grass Sprout Heritage on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 22 September 2021. Year-wise statements from FY 2019 are in the company report.
Grass Sprout Heritage operated in the hospitality and wellness industry, in the restaurants segment. It worked in this industry before it was struck off.
The peers of Grass Sprout Heritage by revenue are Luzern Ventures Private Limited, Hamara Holiday Private Limited, Livelehood Habitat Solutions Private Limited, Deepsea Holidays Private Limited, Finework Infraproject Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Simmy Balan ceased to be Additional Director on 30 Sep 2019. Sumith Sekhar ceased to be Additional Director on 30 Sep 2019. Simmy Balan was appointed as Director on 09 Nov 2018. Grass Sprout Heritage has 6 board changes on record in total.
Grass Sprout Heritage can be reached at its registered office: Door No:IX91 Pulikkal Building Vattapara Edakkattuvayal, Ernakulam, Kerala, India – 682313.
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