Grover Associates Private Ltd
About Grover Associates Private Ltd
Data last updated:
Grover Associates Private Ltd is a private limited company based in New Delhi, Delhi, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 25 July 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC024944. Its GSTIN is 07AAACG0709M1ZP (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.49 Lakh. It is led by directors including Ujjwal Bhasin and Shefali Bhasin.
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 G – 58 Masjid Mothgreater Kailash, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.08 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹79,363 (net margin 0.1%) and EBITDA of ₹7.18 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Grover Associates Private Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 58 Masjid Mothgreater Kailash, New Delhi, Delhi, India – 110048
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Grover Associates Private Ltd, 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 Grover Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Grover Associates Private Ltd, buy the company report.
Financials of Grover Associates Private Ltd
FY 2025 filings availableGrover Associates Private Ltd reported revenue of ₹9.08 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 13% growth 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 | ₹7.18 Lakh | ||||
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| Net Profit (PAT) | ₹79,363 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Grover Associates Private Ltd, buy the company report.
Board of directors of Grover Associates Private Ltd
Grover Associates has 6 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ujjwal Bhasin Also directs: Grover Agro Industries Private Limited | Director | 06 Feb 2024 | 2 Years 8 Months | Current |
| Shefali Bhasin Also directs: Grover Agro Industries Private Limited | Director | 25 Jul 1986 | 40 Years 3 Months | Current |
| Khushi Arora Ram Also directs: Grover Agro Industries Private Limited | Director | 25 Jul 1986 | 40 Years 3 Months | Current |
| Krishna Arora Also directs: Grover Agro Industries Private Limited | Director | 25 Jul 1986 | 40 Years 3 Months | Current |
| Prateik Bhasin Also directs: Grover Agro Industries Private Limited | Director | 20 Jun 2011 | 15 Years 4 Months | Current |
| Vitesh Bhasin Also directs: Grover Agro Industries Private Limited | Director | 30 Sep 1998 | 28 Years 0 Months | Current |
Peer comparison
Grover Associates Private Ltd is compared with the 3 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uv Foods Private Limited | ₹9.13 Cr (FY 2025) | -55.0% | New Delhi, Delhi, India | |||
| Vee Gun Agro Private Limited | ₹9.11 Cr (FY 2024) | -65.0% | Chennai, Tamil Nadu, India | |||
| Grover Associates Private Ltdthis company | ₹9.08 Cr (FY 2025) | ₹79,363 | 0.1% | 13.0% | New Delhi, Delhi, India | |
| Lagom Food Labs Private Limited | ₹9.06 Cr (FY 2024) | 46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Grover Associates Private Ltd, buy the company report.
Auditor
Grover Associates Private Ltd is audited by ARORA AND BHARAT ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARORA AND BHARAT ASSOCIATES | FY 2017 | 016387N |
Shareholding
The shareholding of Grover Associates Private Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grover Associates Private Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2023 | 100841091 | Others | ₹5 Lakh | Open | |
| 20 Jul 2021 | 100478827 | Hdfc Bank Limited | ₹5 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Grover Associates Private Ltd 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 Grover Associates Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grover Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACG0709M1ZP | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grover Associates Private Ltd, buy the company report.
Recent activity
Grover Associates Private Ltd has 6 board changes on record since 1986: 6 appointments. The latest: Ujjwal Bhasin was appointed as Director on 06 Feb 2024.
Frequently asked questions
Grover Associates is an active private limited company based in New Delhi, Delhi, India. The company works in other wholesale, within the trading industry. It was incorporated on 25 July 1986 (40+ years old) and is registered under CIN U74899DL1986PTC024944.
Grover Associates has 6 current directors:
- Ujjwal Bhasin - Director
- Shefali Bhasin - Director
- Khushi Arora Ram - Director
- Krishna Arora - Director
- Prateik Bhasin - Director
- Vitesh Bhasin - Director
The latest financial statements of Grover Associates 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 GSTIN of Grover Associates is 07AAACG0709M1ZP, registered in Delhi.
The CIN (Corporate Identification Number) of Grover Associates is U74899DL1986PTC024944. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grover Associates was incorporated on 25 July 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Grover Associates by revenue are Uv Foods Private Limited, Vee Gun Agro Private Limited, Lagom Food Labs Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Ujjwal Bhasin was appointed as Director on 06 Feb 2024. Prateik Bhasin was appointed as Director on 20 Jun 2011. Vitesh Bhasin was appointed as Director on 30 Sep 1998. Grover Associates has 6 board changes on record in total.
The registered office of Grover Associates is at G – 58 Masjid Mothgreater Kailash, New Delhi, Delhi, India – 110048.
Grover Associates operates in the trading industry, in the other wholesale segment.
Grover Associates has open charges of ₹10 Lakh and no satisfied charges on record as per latest MCA filings.