Grove Business Private Limited - Company Profile

It is a transport and logistics private limited company based in Hyderabad, Telangana, India, established in 2017.
2017 Hyderabad, Telangana, India Active
Last Updated:
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About Grove Business Private Limited

Grove Business Private Limited, a active private limited company, was established on 22 August 2017 in Hyderabad, Telangana, India. Engaging in integrated & diversified logistics services within the trade sector, it holds CIN: U74999TG2017PTC119030. Registered under ROC Roc Hyderabad. it is unlisted. It has an authorized capital of ₹0.10 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Nandeep Patel (Director), Tarun Patel (Director). Past directors included Neha Vikram Patel. It holds ₹1.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 1-4-938/6, Bakaram, Musheerabad, Hyderabad, Telangana, 500020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U74999TG2017PTC119030

  • Registration Number

    119030

  • Incorporation Date

    22 August 2017

  • Authorized Capital

    ₹0.10 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Hyderabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Revenue Growth **** -16.07%
  • Profit Growth **** -108.48%
  • Ebitda **** -50.32%
  • Net Worth -10.74%
  • Total Assets **** 14.36%
Company report

Grove Business Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grove Business Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Grove Business Private Limited?
Current Directors
Name Designation Appointment Date Status
Nandeep Patel Director 22 Aug 2017 Current
Tarun Patel Director 22 Aug 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 24 Aug 2018 Past

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Financial Performance of Grove Business.

Grove Business Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.07% decrease. The company also saw a substantial fall in profitability, with a 108.48% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.74%.

Grove Business revenue growth over time
Grove Business profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -16.07%
*******
*******
*******
*******
Revenue from Operations
*******
 -15.90%
*******
*******
*******
*******
Total Assets
*******
 14.36%
*******
*******
*******
*******
Profit or Loss
*******
 -108.48%
*******
*******
*******
*******
Net Worth
*******
 -10.74%
*******
*******
*******
*******
EBITDA
*******
 -50.32%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grove Business?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹10,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 1.00 Cr
Latest Charge Details
Date Lender Amount Status
15 Dec 2023 State Bank Of India ₹1.00 Cr Open

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How Many Employees Work at Grove Business?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grove Business, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grove Business's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Grove Business
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Grove Business Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Grove Business Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad. was documented.

  • Charges

    The activity A charge with State Bank Of India amounted to Rs. 10.00 M with Charge ID 100831245 was registered on 15 Dec 2023. was completed.

  • Director Appointment

    Nandeep Patel was appointed as a Director was appointed as a Director on 22 Aug 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Tarun Patel was appointed as a Director was appointed as a Director on 22 Aug 2017 & has been associated with this company since 8 years 6 months . was documented.

  • Company Incorporation

    Progress on Grove Business Private Limited was registered on 22 Aug 2017 with Roc Hyderabad & aged 8 years 6 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Grove Business Private Limited?

The CIN of Grove Business Private Limited is U74999TG2017PTC119030.

Where is Grove Business Private Limited headquartered?

Grove Business Private Limited is headquartered at 1-4-938/6, Bakaram, Musheerabad, Hyderabad, Telangana, 500020.

When was Grove Business Private Limited incorporated?

Grove Business Private Limited was incorporated on 22 August 2017.

Who are the current directors of Grove Business Private Limited?

The current directors of Grove Business Private Limited are

What is the primary industry of Grove Business Private Limited?

The primary industry of Grove Business Private Limited is Trade.

Is Grove Business Private Limited a listed company?

Grove Business Private Limited is unlisted.

What is the capital structure of Grove Business Private Limited?

The authorized capital of Grove Business Private Limited is ₹0.10 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Grove Business Private Limited?

The compliance status of Grove Business Private Limited is Compliant.

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