About Grew Industries Private Limited
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Grew Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 September 1966 and has been in existence for over 60 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28920MH1966PTC013582. Its GSTIN is 27AAACG0529M2ZK (Maharashtra). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹13.6 Cr. It was formerly known as G R Engineering Works Private Limited and Grew Industries Limited. It is led by directors Ramesh Doulatram Hariani (Managing Director) and Chilamilika Lalini Hariani.
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 Poonam Chambersdr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.85 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹11.72 Lakh (net margin -6.3%) and EBITDA of ₹43.35 Lakh (EBITDA margin 23.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹36.9 Cr and satisfied charges of ₹317.98 Cr on record. Court records list 29 cases involving the company, including 20 filed by the company and 9 filed against it; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website grengg.com.
Company details
Name history
Grew Industries has undergone 3 name changes throughout its history. The company was previously known as G R Engineering Works Private Limited, Grew Industries Limited, and G R Engineering Works Limited. The current legal name is Grew Industries Private Limited.
| Company Name | Status |
|---|---|
| Grew Industries Private Limited | Current |
| G R Engineering Works Private Limited | Previous |
| Grew Industries Limited | Previous |
| G R Engineering Works Limited | Previous |
CIN history
Grew Industries has one previous CIN (Corporate Identification Number): U28920MH1966PLC013582. The current CIN is U28920MH1966PTC013582, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920MH1966PTC013582 | Current |
| U28920MH1966PLC013582 | Previous |
Contact details
Grew Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is grengg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPoonam Chambersdr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Grew Industries 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 Grew Industries is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Grew Industries Private Limited, buy the company report.
Financials of Grew Industries Private Limited
FY 2024 filings availableGrew Industries Private Limited reported revenue of ₹1.85 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 64%. EBITDA rose 25% 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 | ₹43.35 Lakh | ||||
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| Net Profit (PAT) | -₹11.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.4% | ||||
| Net Profit Margin | -6.3% | ||||
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To see the full financial statements and ratios of Grew Industries Private Limited, buy the company report.
Board of directors of Grew Industries Private Limited
Grew Industries has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chilamilika Lalini Hariani Also directs: Taj Madurai Limited, G. R. Engineering Private Limited | Director | 01 Dec 2006 | 19 Years 11 Months | Current |
| Ramesh Doulatram Hariani Also directs: Oriental Hotels Limited, G. R. Infrastructure Private Limited, Taj Madurai Limited and 2 more | Managing Director | 22 Sep 1966 | 60 Years 1 Months | Current |
Auditor
Grew Industries Private Limited is audited by Sharp & Tannan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharp & Tannan | FY 2023 | 109982W |
Shareholding
The shareholding of Grew 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grew Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2024 | 100997135 | Others | ₹26.4 Cr | Open | |
| 16 Apr 2024 | 100911171 | Hdfc Bank Limited | ₹10.5 Cr | Open | |
| 31 Mar 2021 | 100482464 | Others | ₹5 Cr | Satisfied | |
| 25 May 2017 | 100102608 | The Zoroastrian Co-Operative Bank Limited | ₹3.78 Cr | Satisfied | |
| 30 Mar 2016 | 100027108 | Others | ₹16.1 Cr | Satisfied |
To see the full charge records of Grew Industries Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Grew Industries Private Limited has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Daulatram P Hariani HUF, an individual |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grew Industries Private Limited has 29 court cases on record: 20 filed by Grew Industries, 9 filed against it. 3 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 5 | 2 |
| District courts | 9 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Gail(India) Ltd | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Gail (India) Ltd | Disposed |
| High Court | Appeal | Filed by the company against Oil India Ltd. and Ors and 2 others | Disposed |
| High Court | Court case (MC) | Filed by the company against Oil India Ltd. and Ors | Disposed |
| High Court | Writ petition | Filed by the company against Oil India Ltd. and Ors and 2 others | Disposed |
To see the full case history of Grew Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grew Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Grew Industries has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Grew Industries has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG0529M2ZK | Maharashtra | Active | 01 Jul 2017 |
| 29AAACG0529M1ZH | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grew Industries Private Limited, buy the company report.
Recent activity
Grew Industries Private Limited has 8 board changes on record since 1966: 2 appointments and 6 cessations. The latest: Shankar Shripad Shirolkar ceased to be Director on 05 Feb 2022.
29 earlier events are in the company report.
News
Frequently asked questions
Grew Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 September 1966 (60+ years old) and is registered under CIN U28920MH1966PTC013582.
Grew Industries has 2 current directors:
- Ramesh Doulatram Hariani - Managing Director
- Chilamilika Lalini Hariani - Director
The latest financial statements of Grew 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 Grew Industries is 27AAACG0529M2ZK, registered in Maharashtra. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAACG0529M1ZH (Karnataka).
The CIN (Corporate Identification Number) of Grew Industries is U28920MH1966PTC013582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grew Industries has 29 court cases on record: 20 filed by the company and 9 filed against it. 3 are pending. Most are in the high courts.
Grew Industries was incorporated on 22 September 1966, making it 60+ years old. It is registered with the Registrar of Companies, Mumbai.
Grew Industries has 3 deals on record (3 secondary share transfers); the latest was in March 2018.
Shankar Shripad Shirolkar ceased to be Director on 05 Feb 2022. Chilamilika Lalini Hariani ceased to be Whole-Time Director on 10 Nov 2017. Parmeshwari Doulatram Hariani ceased to be Whole-Time Director on 10 Nov 2017. Grew Industries has 8 board changes on record in total.
Grew Industries can be reached through the website grengg.com. Its registered office is in Mumbai, Maharashtra, India.
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