Grovey Innovations Private Limited - Company Profile

It is a consumer goods private limited company based in Mumbai, Maharashtra, India, established in 1989.
1989 Mumbai, Maharashtra, India Struck Off
Last Updated:
About Grovey Innovations Private Limited

Grovey Innovations Private Limited, a struck off private limited company, was established on 04 October 1989 in Mumbai, Maharashtra, India. Engaging in leather goods manufacturing within the trade sector, it holds CIN: U19120MH1989PTC053739. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹4.50 M.

It upholds a active non-compliant status. Its leadership includes Nilesh Khatau Manek (Director), Nayna Nilesh Manek (Director). Past directors included Dinesh Tanna, Raghubir Singh. It holds no open charges and ₹11.85 Cr settled loans. Its latest AGM occurred on 30 September 2015, with the balance sheet filed on 31 March 2015. It is based at E - 518, Floral Deck Plaza, Central Midc Road, Andheri (E),, Mumbai, Maharashtra, 400093.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U19120MH1989PTC053739

  • Registration Number

    053739

  • Incorporation Date

    04 October 1989

  • Authorized Capital

    ₹5.00 M

  • Paid-Up Capital

    ₹4.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Struck Off

Key Metrics
  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2015
  • Satisfied Charges ₹ 11.85 Cr
  • Revenue Growth **** -48.28%
  • Profit Growth **** -2871.21%
  • Ebitda **** -201.85%
  • Net Worth -98.25%
  • Total Assets **** 7.18%
Company report

Grovey Innovations Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Grovey Innovations 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 Grovey Innovations Private Limited?
Current Directors
Name Designation Appointment Date Status
Nilesh Khatau Manek Director 04 Oct 1989 Current
Nayna Nilesh Manek Director 30 Oct 2015 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Jun 2010 Past
Pramod Abcsdd Director 31 Oct 2015 Past

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Financial Performance of Grovey Innovations.

Grovey Innovations Private Limited, for the financial year ended 2015, experienced significant reduction in revenue, with a 48.28% decrease. The company also saw a substantial fall in profitability, with a 2871.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 98.25%.

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

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
********
-48.28%
*******
*******
*******
*******
Revenue from Operations
*******
-48.19%
*******
*******
*******
*******
Total Assets
*******
7.18%
*******
*******
*******
*******
Profit or Loss
*******
-2871.21%
*******
*******
*******
*******
Net Worth
*******
-98.25%
*******
*******
*******
*******
EBITDA
*******
-201.85%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grovey Innovations?

In 2015, Grovey Innovations had a promoter holding of 99.94% and a public holding of 0.06%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹0

Satisfied Charges

₹118,500,000.00

Charges Breakdown by Lending Institutions
  • Dhanlaxmi Bank Limited : 5.95 Cr
  • Barclays Bank Plc : 3.80 Cr
  • Uco Bank : 1.50 Cr
  • Uco Bank Worli Branch : 0.60 Cr
Latest Charge Details
Date Lender Amount Status
25 Oct 2011 Dhanlaxmi Bank Limited ₹5.95 Cr Satisfied
09 Jun 2008 Barclays Bank Plc ₹3.80 Cr Satisfied
13 Nov 2007 Uco Bank Worli Branch ₹3.50 M Satisfied
09 Feb 2007 Uco Bank Worli Branch ₹2.50 M Satisfied
07 Dec 2005 Uco Bank ₹1.50 Cr Satisfied

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How Many Employees Work at Grovey Innovations?

Unlock and access historical data on people associated with Grovey Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Grovey Innovations, 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 Grovey Innovations's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Grovey Innovations
Recent Activity within the Organization
  • Charges

    A charge registered on 25 Oct 2011 via Charge ID 10315843 with Dhanlaxmi Bank Limited was fully satisfied on 26 Sep 2018. was recorded as a recent event.

  • Director Appointment

    Progress on Nayna Nilesh Manek was appointed as a Director was appointed as a Director on 30 Oct 2015 & has been associated with this company since 10 years 4 months . was documented.

  • Annual General Meeting

    Progress on Grovey Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Grovey Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Dhanlaxmi Bank Limited of Rs. 59.50 M registered on 25 Oct 2011 with Charge ID 10315843 was modified on 06 Jan 2014. was documented.

  • Charges

    Progress on A charge registered on 09 Jun 2008 via Charge ID 10113084 with Barclays Bank Plc was fully satisfied on 09 Nov 2011. was documented.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Grovey Innovations Private Limited?

The CIN of Grovey Innovations Private Limited is U19120MH1989PTC053739.

Where is Grovey Innovations Private Limited headquartered?

Grovey Innovations Private Limited is headquartered at E - 518, Floral Deck Plaza, Central Midc Road, Andheri (E),, Mumbai, Maharashtra, 400093.

When was Grovey Innovations Private Limited incorporated?

Grovey Innovations Private Limited was incorporated on 04 October 1989.

Who are the current directors of Grovey Innovations Private Limited?

The current directors of Grovey Innovations Private Limited are

What is the primary industry of Grovey Innovations Private Limited?

The primary industry of Grovey Innovations Private Limited is Trade.

Is Grovey Innovations Private Limited a listed company?

Grovey Innovations Private Limited is unlisted.

What is the capital structure of Grovey Innovations Private Limited?

The authorized capital of Grovey Innovations Private Limited is ₹5.00 M, and the paid-up capital is ₹4.50 M.

What is the compliance status of Grovey Innovations Private Limited?

The compliance status of Grovey Innovations Private Limited is Active Non-Compliant.

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