About Gromor Finance Private Limited
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Gromor Finance Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 14 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65990MH1997PTC110103. Its GSTIN is 27AAGCS3928Q2ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.14 Cr. It was formerly known as Sahayata Savings and Investments Private Limited. It is led by directors including Shailesh Nandkishorsingh Dixit (Managing Director) and Bhupesh Namdeo Morye.
Its last annual general meeting (AGM) was held on 14 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit Nos. 1603 And 1604 Parinee I Situated At Shah Industrial Estate, Near Ghanshyam Industrial Estate Off. Veera Desai Road Andheri (West) Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.18 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹1.76 Cr (net margin -15.7%) and EBITDA of ₹2.43 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 13% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: GLAAS and Gromor Finance. As per MCA filings, the company has open charges of ₹37.37 Cr and satisfied charges of ₹19.74 Cr on record. Court records list 425 cases involving the company, including 422 filed by the company and 3 filed against it; 231 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹46.53 Cr; the latest was in April 2026. Its 6 peer companies in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 2 smaller; the largest is Jindal Capital Limited with revenue of ₹11.21 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gromor.in.
Company details
Contact details
Gromor Finance Private Limited's registered office is in Mumbai, Maharashtra. Its website is gromor.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressUnit Nos. 1603 And 1604 Parinee I Situated At Shah Industrial Estate, Near Ghanshyam Industrial Estate Off. Veera Desai Road Andheri (West) Mumbai, Maharashtra, India – 400053
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Gromor Finance 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 Gromor Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Gromor Finance Private Limited, buy the company report.
Financials of Gromor Finance Private Limited
FY 2025 filings availableGromor Finance Private Limited reported revenue of ₹11.18 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.76 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 21.7% | ||||
| Net Profit Margin | -15.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Gromor Finance Private Limited, buy the company report.
Board of directors of Gromor Finance Private Limited
Gromor Finance has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupesh Namdeo Morye Also directs: Finezza Information Technologies Private Limited | Director | 18 Mar 2017 | 9 Years 7 Months | Current |
| Santosh Raghu Shetty Also directs: Finezza Information Technologies Private Limited | Director | 18 Mar 2017 | 9 Years 7 Months | Current |
| Shailesh Nandkishorsingh Dixit Also directs: Finezza Information Technologies Private Limited | Managing Director | 24 Jul 2018 | 8 Years 3 Months | Current |
Peer comparison
Gromor Finance Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jindal Capital Limited | ₹11.21 Cr (FY 2019) | -4.0% | Delhi, India | |||
| Urbtech Finvest Private Limited | ₹11.2 Cr (FY 2024) | 41.0% | New Delhi, Delhi, India | |||
| Umil Share & Stock Broking Services Ltd. | ₹11.2 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Everest Finance and Investments Private Limited | ₹11.19 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Gromor Finance Private Limitedthis company | ₹11.18 Cr (FY 2025) | -₹1.76 Cr | -15.7% | -19.0% | 37 | Mumbai, Maharashtra, India |
| RMK Fincorp Private Limited | ₹11.15 Cr (FY 2025) | 55.0% | Jaipur, Rajasthan, India | |||
| Novatis Finovative Limited | ₹11.14 Cr (FY 2025) | 47.0% | Surat, Gujarat, India |
To see the full peer comparison of Gromor Finance Private Limited, buy the company report.
Auditor
Gromor Finance Private Limited is audited by A.V. AROLKAR AND CO. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.V. AROLKAR AND CO. | FY 2019 | 032453 |
Shareholding
The shareholding of Gromor Finance 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 Gromor Finance Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2026 | 101334765 | Others | ₹7.92 Cr | Open | |
| 20 May 2026 | 101316792 | Others | ₹1 Cr | Open | |
| 10 Mar 2026 | 101285046 | Others | ₹2.49 Cr | Open | |
| 09 Oct 2025 | 101196008 | Others | ₹4.56 Cr | Open | |
| 30 Apr 2025 | 101132634 | Others | ₹84 Lakh | Open |
To see the full charge records of Gromor Finance Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Gromor Finance Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹46.53 Cr; the latest was in April 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Funding round | ₹46.53 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gromor Finance Private Limited has 425 court cases on record: 422 filed by Gromor Finance, 3 filed against it. 231 cases are pending and 194 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 423 | 1 | 230 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 425)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (CRR) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (I.C.) | Filed against the company by an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Gromor Finance 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 Gromor Finance Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gromor Finance Private Limited has a workforce of 37 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Gromor Finance has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS3928Q2ZL | Maharashtra | Active | 08 Sep 2017 |
| 23AAGCS3928Q1ZU | Madhya Pradesh | Active | 25 Sep 2018 |
To see the full GST registrations and return filing status of Gromor Finance Private Limited, buy the company report.
Recent activity
Gromor Finance Private Limited has 13 board changes on record since 1998: 8 appointments and 5 cessations. The latest: Ayon Dutta ceased to be Director on 31 Aug 2023.
36 earlier events are in the company report.
Frequently asked questions
Gromor Finance is an active private limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 14 August 1997 (29+ years old) and is registered under CIN U65990MH1997PTC110103.
Gromor Finance has 3 current directors:
- Shailesh Nandkishorsingh Dixit - Managing Director
- Bhupesh Namdeo Morye - Director
- Santosh Raghu Shetty - Director
The latest financial statements of Gromor Finance on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 November 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gromor Finance is 27AAGCS3928Q2ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAGCS3928Q1ZU (Madhya Pradesh).
The CIN (Corporate Identification Number) of Gromor Finance is U65990MH1997PTC110103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gromor Finance has 425 court cases on record: 422 filed by the company and 3 filed against it. 231 are pending. Most are in the district courts.
Gromor Finance was incorporated on 14 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Gromor Finance has 1 deal on record (1 funding round), with disclosed funding of ₹46.53 Cr; the latest was in April 2026.
The peers of Gromor Finance by revenue are Jindal Capital Limited, Urbtech Finvest Private Limited, Umil Share & Stock Broking Services Ltd, Everest Finance and Investments Private Limited, RMK Fincorp Private Limited and 1 more, all in the BFSI industry (Finance, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ayon Dutta ceased to be Director on 31 Aug 2023. Shailesh Nandkishorsingh Dixit was appointed as Managing Director on 24 Jul 2018. Ambadas Marotirao Pandilwar ceased to be Director on 18 Mar 2017. Gromor Finance has 13 board changes on record in total.
Gromor Finance can be reached through the website gromor.in. Its registered office is in Mumbai, Maharashtra, India.
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