Grovect Engineering Solutions Private Limited
About Grovect Engineering Solutions Private Limited
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Grovect Engineering Solutions Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It was incorporated on 14 July 2023.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U62013MP2023PTC066694. Its GSTIN is 23AAKCG5915D1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Durgesh and Maha Shiva Nand Giri.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.29 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹51,493 (net margin 4.2%) and EBITDA of ₹67,036 (EBITDA margin 5.5%).
As per MCA filings, the company has open charges of ₹96 Lakh on record.
Company details
Contact details
Grovect Engineering Solutions Private Limited's registered office is in Indore, Madhya Pradesh.
- Registered Address140 Dharamkunj Colony, Kalibillod Betma, Indore, Madhya Pradesh, India – 453001
- 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 Grovect Engineering Solutions is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Grovect Engineering Solutions Private Limited, buy the company report.
Financials of Grovect Engineering Solutions Private Limited
FY 2025 filings availableGrovect Engineering Solutions Private Limited reported revenue of ₹12.29 Lakh (up 164% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 164% in the latest year. EBITDA rose 107% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
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| EBITDA | ₹67,036 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹51,493 | |
| Balance Sheet | ||
| Share Capital | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.5% | |
| Net Profit Margin | 4.2% | |
| Return on Equity (ROE) | ||
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| Return on Assets (ROA) | ||
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To see the full financial statements and ratios of Grovect Engineering Solutions Private Limited, buy the company report.
Board of directors of Grovect Engineering Solutions Private Limited
Grovect Engineering Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgesh | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Maha Shiva Nand Giri | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Harshit Jain | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Grovect Engineering Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (information service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Szi Technologies Private Limited | ₹12.38 Lakh (FY 2025) | -91.0% | Kolkata, West Bengal, India | |||
| Pincer Communications Private Limited | ₹12.36 Lakh (FY 2024) | 61.0% | Mumbai, Maharashtra, India | |||
| Meghverge Technologies (OPC) Private Limited | ₹12.36 Lakh (FY 2025) | -72.0% | Pune, Maharashtra, India | |||
| Talentpro Square Private Limited | ₹12.35 Lakh (FY 2024) | -58.0% | Hyderabad, Telangana, India | |||
| Allcode Technologies Private Limited | ₹12.31 Lakh (FY 2025) | 58.0% | Guwahati, Assam, India | |||
| Grovect Engineering Solutions Private Limitedthis company | ₹12.29 Lakh (FY 2025) | ₹51,493 | 4.2% | 164.0% | Indore, Madhya Pradesh, India | |
| Airheads Solutions Private Limited | ₹12.28 Lakh (FY 2025) | -33.0% | Bangalore, Karnataka, India | |||
| Animehunch Private Limited | ₹12.27 Lakh (FY 2024) | -22.0% | Panvel, Maharashtra, India | |||
| Telomerek Private Limited | ₹12.26 Lakh (FY 2025) | Pune, Maharashtra, India | ||||
| Tech Ominia Private Limited | ₹12.26 Lakh (FY 2024) | Tiljala, West Bengal, India | ||||
| Ovik Techfin Private Limited | ₹12.24 Lakh (FY 2023) | Jaipur, Rajasthan, India |
To see the full peer comparison of Grovect Engineering Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2026 | 101219323 | Others | ₹96 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Grovect Engineering Solutions 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 Grovect Engineering Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grovect Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCG5915D1ZU | Madhya Pradesh | Active | 12 Oct 2023 |
To see the full GST registrations and return filing status of Grovect Engineering Solutions Private Limited, buy the company report.
Recent activity
Grovect Engineering Solutions Private Limited has 5 board changes on record since 2023: 4 appointments and 1 cessation. The latest: Rishi Raj Bhogal ceased to be Director on 05 Jun 2025.
Frequently asked questions
Grovect Engineering Solutions is an active private limited company based in Indore, Madhya Pradesh, India. It was incorporated on 14 July 2023 (3+ years old) and is registered under CIN U62013MP2023PTC066694.
Grovect Engineering Solutions has 3 current directors:
- Durgesh - Director
- Maha Shiva Nand Giri - Director
- Harshit Jain - Director
The latest financial statements of Grovect Engineering Solutions 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 FY 2024 are in the company report.
The GSTIN of Grovect Engineering Solutions is 23AAKCG5915D1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Grovect Engineering Solutions is U62013MP2023PTC066694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grovect Engineering Solutions was incorporated on 14 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Grovect Engineering Solutions by revenue are Szi Technologies Private Limited, Pincer Communications Private Limited, Meghverge Technologies (OPC) Private Limited, Talentpro Square Private Limited, Allcode Technologies Private Limited and 5 more, all in the same principal business activity (information service activities).
Rishi Raj Bhogal ceased to be Director on 05 Jun 2025. Durgesh was appointed as Director on 14 Jul 2023. Harshit Jain was appointed as Director on 14 Jul 2023. Grovect Engineering Solutions has 5 board changes on record in total.
The registered office of Grovect Engineering Solutions is at 140 Dharamkunj Colony, Kalibillod Betma, Indore, Madhya Pradesh, India – 453001.
Grovect Engineering Solutions has open charges of ₹96 Lakh and no satisfied charges on record as per latest MCA filings.
Grovect Engineering Solutions can be reached at its registered office: 140 Dharamkunj Colony, Kalibillod Betma, Indore, Madhya Pradesh, India – 453001.
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