Groovy Commotrade Limited
About Groovy Commotrade Limited
Data last updated:
Groovy Commotrade Limited is a public limited company based in Panaji, Goa, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 28 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U74900GA2014PLC013538.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kriti Agarwal and Raj Kamal.
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 Unit No. 306 3rd Floor Gera'S Imperium Grand Edc Complex Patto – Plaza, Panaji, Goa, India – 403001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.29 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹2.23 Cr (net margin 30.6%) and EBITDA of ₹3.22 Cr (EBITDA margin 44.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 117% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History
Groovy Commotrade has one previous CIN (Corporate Identification Number): U74900WB2014PLC203930. The current CIN is U74900GA2014PLC013538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900GA2014PLC013538 | Current |
| U74900WB2014PLC203930 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No. 306 3rd Floor Gera'S Imperium Grand Edc Complex Patto – Plaza, Panaji, Goa, India – 403001
- IndustryFinancial Services, Diversified Financial Services
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Groovy Commotrade is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Groovy Commotrade Limited
FY 2025 filings availableGroovy Commotrade Limited reported revenue of ₹7.29 Cr (down 62% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 62% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 117%. EBITDA fell 9% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹3.22 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹2.23 Cr | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 44.1% | |
| Net Profit Margin | 30.6% | |
| Return on Equity (ROE) | •••• | |
| Return on Capital Employed (ROCE) | •••• | |
| Return on Assets (ROA) | •••• | |
| Liquidity and Debt | ||
| Current Ratio | •••• | |
| Quick Ratio | •••• | |
| Debt-to-Equity Ratio | •••• | |
| Interest Coverage Ratio | •••• | |
| Efficiency and Growth | ||
| Asset Turnover | •••• | |
| Receivable Days | •••• | |
| Payable Days | •••• | |
| Inventory Days | •••• | |
| Revenue Growth | •••• | |
| Net Profit Growth | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Groovy Commotrade are in the company report.
: available in the company report
Board of Directors of Groovy Commotrade Limited
Groovy Commotrade has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kriti Agarwal Also directs: Deep Point Solutions Private Limited, Surakshit Distributors Pvt Ltd, Ashtek Consultancy Private Limited and 1 more | Director | 03 Nov 2020 | 5 Years 11 Months | Current |
| Raj Kamal Also directs: Deep Point Solutions Private Limited, Surakshit Distributors Pvt Ltd, Ashtek Consultancy Private Limited and 2 more | Director | 27 May 2024 | 2 Years 4 Months | Current |
| Ajit Mittal Also directs: Deep Point Solutions Private Limited, Surakshit Distributors Pvt Ltd, Ashtek Consultancy Private Limited and 5 more | Director | 16 Mar 2016 | 10 Years 7 Months | Current |
| Devkrish Mittal Also directs: Deep Point Solutions Private Limited, Surakshit Distributors Pvt Ltd, Ashtek Consultancy Private Limited and 4 more | Director | 06 Aug 2024 | 2 Years 2 Months | Current |
Auditor Details
Groovy Commotrade Limited is audited by SANJEEV AGARWAL & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJEEV AGARWAL & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Groovy Commotrade Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases
Groovy Commotrade Limited has 1 court case on record: 1 filed by Groovy Commotrade. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Groovy Commotrade.
: available in the company report
Recent Activity
Groovy Commotrade Limited has 14 board changes on record since 2016: 5 appointments and 9 cessations. The latest: Devkrish Mittal ceased to be Additional Director on 29 Sep 2024.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Groovy Commotrade is an active public limited company based in Panaji, Goa, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 28 October 2014 (12+ years old) and is registered under CIN U74900GA2014PLC013538.
Groovy Commotrade has 4 current directors:
- Kriti Agarwal - Director
- Raj Kamal - Director
- Ajit Mittal - Director
- Devkrish Mittal - Director
The latest financial statements of Groovy Commotrade 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Groovy Commotrade is U74900GA2014PLC013538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Groovy Commotrade has 1 court case on record: 1 filed by the company.
Groovy Commotrade was incorporated on 28 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Goa.
Devkrish Mittal ceased to be Additional Director on 29 Sep 2024. Raj Kamal ceased to be Director on 29 Sep 2024. Devkrish Mittal was appointed as Director on 06 Aug 2024. Groovy Commotrade has 14 board changes on record in total.
The registered office of Groovy Commotrade is at Unit No. 306 3rd Floor GeraS Imperium Grand Edc Complex Patto – Plaza, Panaji, Goa, India – 403001.
Groovy Commotrade operates in the financial services industry, in the diversified financial services segment.
The compliance status of Groovy Commotrade is compliant as of 27 July 2026. The company is actively filing with the Registrar of Companies.