Grovis Advisory Private Limited
About Grovis Advisory Private Limited
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Grovis Advisory Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 20 November 2019.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2019PTC129878.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramesh Singh and Shiv Kumari Devi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 363 19th Main Road 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2024, the company reported a revenue of ₹90,300. For the same year it recorded a net profit of ₹56,336 (net margin 62.4%) and EBITDA of ₹76,136 (EBITDA margin 84.3%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
Company details
Contact details
Grovis Advisory Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Social Media
- Registered Address363 19th Main Road 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Grovis Advisory Private Limited, 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 Grovis Advisory is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Grovis Advisory Private Limited, buy the company report.
Financials of Grovis Advisory Private Limited
FY 2024 filings availableGrovis Advisory Private Limited reported revenue of ₹90,300 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 51% over three years. EBITDA rose 339% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹76,136 | ||||
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| Net Profit (PAT) | ₹56,336 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 84.3% | ||||
| Net Profit Margin | 62.4% | ||||
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To see the full financial statements and ratios of Grovis Advisory Private Limited, buy the company report.
Board of directors of Grovis Advisory Private Limited
Grovis Advisory has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Singh | Director | 20 Nov 2019 | 6 Years 11 Months | As last reported |
| Shiv Kumari Devi | Director | 20 Nov 2019 | 6 Years 11 Months | As last reported |
Peer comparison
Grovis Advisory Private Limited is compared with the 6 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bimste Cloud Solutions Private Limited | ₹90,500 (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Iqrup Software Solutions Private Limited | ₹90,350 (FY 2021) | -25.0% | Jalandhar, Punjab, India | |||
| Grovis Advisory Private Limitedthis company | ₹90,300 (FY 2024) | ₹56,336 | 62.4% | Bangalore, Karnataka, India | ||
| Leads Crown Private Limited | ₹90,262 (FY 2022) | 8926.0% | Delhi, India | |||
| Siteworkz Private Limited | ₹90,238 (FY 2024) | Bangalore, Karnataka, India | ||||
| Staghorn Glory Private Limited | ₹90,140 (FY 2025) | -28.0% | Churu, Rajasthan, India | |||
| Brothersinnovative Technology Services Private Limited | ₹90,127 (FY 2018) | 101.0% | Siddapur, Karnataka, India |
To see the full peer comparison of Grovis Advisory Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grovis Advisory 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 Grovis Advisory Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Grovis Advisory Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Grovis Advisory Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ramesh Singh was appointed as Director on 20 Nov 2019.
Frequently asked questions
Grovis Advisory has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Grovis Advisory was a private limited company based in Bangalore, Karnataka, India. The company worked in other services, within the business services industry. It was incorporated on 20 November 2019 and is registered under CIN U74999KA2019PTC129878. The company has been struck off by the Registrar of Companies and is no longer operational.
Grovis Advisory had 2 directors:
- Ramesh Singh - Director
- Shiv Kumari Devi - Director
The CIN (Corporate Identification Number) of Grovis Advisory is U74999KA2019PTC129878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Grovis Advisory is at 363 19th Main Road 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010.
Grovis Advisory was incorporated on 20 November 2019. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Grovis Advisory on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2020 are in the company report.
Grovis Advisory operated in the business services industry, in the other services segment. It worked in this industry before it was struck off.
The peers of Grovis Advisory by revenue are Bimste Cloud Solutions Private Limited, Iqrup Software Solutions Private Limited, Leads Crown Private Limited, Siteworkz Private Limited, Staghorn Glory Private Limited and 1 more, all in the same principal business activity (other professional, scientific and technical activities).
Ramesh Singh was appointed as Director on 20 Nov 2019. Shiv Kumari Devi was appointed as Director on 20 Nov 2019.
Grovis Advisory can be reached at its registered office: 363 19th Main Road 1st Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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