MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0244988
Grow India Nirmiti LLP
Grow India Nirmiti LLP - real estate and construction in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹79.89 Lakh
▲ 530% YoY
Net profit · FY 2023
₹6.21 Lakh
Net margin 7.8%
EBITDA · FY 2023
-₹62.45 Lakh
EBITDA margin -78.2%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹260.2 Cr
Satisfied ₹465 Cr
LLP age
10 yrs
Est. 2016
Employees · EPFO
2
Provident fund records
Designated partners
3
As per MCA filings
About Grow India Nirmiti LLP
Data last updated:
Grow India Nirmiti LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 February 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAF-8167. Its GSTIN is 27AAQFG0861P1ZQ (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Bijal Hemendra Shah and Devashish Mehta.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Kunal House 796/A1 F.P. No. 180/A1 Dr Ketkar Road Opp. Kamala Nehru Garden, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹79.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.21 Lakh (net margin 7.8%) and EBITDA of -₹62.45 Lakh (EBITDA margin -78.2%). Revenue has grown at a compounded annual rate (CAGR) of 154% over three years.
The LLP has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹260.2 Cr and satisfied charges of ₹465 Cr on record.
Grow India Nirmiti LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0244988).
Company details
LLPIN AAF-8167
Incorporation Date 29 February 2016
Total Obligation of Contribution ₹1 Lakh
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0244988
Key People
Bijal Hemendra Shah Designated Partner Devashish Mehta Designated Partner Ramesh Girdhardas Shah Designated Partner Recognitions & Rankings of Grow India Nirmiti
Contact details
Grow India Nirmiti LLP's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKunal House 796/A1 F.P. No. 180/A1 Dr Ketkar Road Opp. Kamala Nehru Garden, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Grow India Nirmiti LLP, buy the company report.
Comprehensive company report
Grow India Nirmiti LLP - one report that includes everything
- 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
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Financials of Grow India Nirmiti LLP
FY 2025 filings availableGrow India Nirmiti LLP reported revenue of ₹79.89 Lakh (up 530% YoY) for FY 2023.
Revenue · FY 2023
₹79.89 Lakh ▲ 530%
Net profit · FY 2023
₹6.21 Lakh margin 7.8%
EBITDA · FY 2023
-₹62.45 Lakh margin -78.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 530%
3 years · compounded
▲ 154%
Revenue has grown at a compounded annual rate (CAGR) of 154% over three years, including 530% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹79.89 Lakh | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹6.21 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 7.8% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Grow India Nirmiti LLP, buy the company report.
Designated partners of Grow India Nirmiti LLP
Grow India Nirmiti has 3 current designated partners and 9 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bijal Hemendra Shah | Designated Partner | 02 Sep 2019 | 7 Years 1 Months | Current |
| Devashish Mehta Also directs: Iqoniq Shelters LLP, Fortitude Shelters LLP | Designated Partner | 02 Sep 2019 | 7 Years 1 Months | Current |
| Ramesh Girdhardas Shah | Designated Partner | 09 May 2018 | 8 Years 5 Months | Current |
Charges & borrowings
Open charges
₹260.2 Cr
Satisfied charges
₹465 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2025 | 101208682 | Hdfc Bank Limited | ₹20 Lakh | Open | |
| 27 Mar 2025 | 101068932 | Idbi Trusteeship Services Limited | ₹110 Cr | Open | |
| 27 Mar 2025 | 101069063 | Idbi Trusteeship Services Limited | ₹150 Cr | Open | |
| 23 Feb 2024 | 100883388 | Tata Capital Housing Finance Limited | ₹115 Cr | Satisfied | |
| 25 Oct 2022 | 100653294 | Vistra Itcl India Limited | ₹175 Cr | Satisfied |
To see the full charge records of Grow India Nirmiti LLP, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Grow India Nirmiti LLP 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 Grow India Nirmiti LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grow India Nirmiti LLP has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
GST
Grow India Nirmiti has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQFG0861P1ZQ | Maharashtra | Active | 14 Jun 2018 |
To see the full GST registrations and return filing status of Grow India Nirmiti LLP, buy the company report.
Recent activity
Grow India Nirmiti LLP has 12 designated partner changes on record since 2018: 3 appointments and 9 cessations. The latest: Kanhaiyalal Hotchand Matani ceased to be Designated Partner on 27 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 101208682 was registered on 03 Dec 2025.
AGM
Grow India Nirmiti Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Grow India Nirmiti Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 11,000.00 Lakh with Charge ID 101068932 was registered on 27 Mar 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 15,000.00 Lakh with Charge ID 101069063 was registered on 27 Mar 2025.
Charges
A charge registered on 23 Feb 2024 via Charge ID 100883388 with Tata Capital Housing Finance Limited was fully satisfied on 26 Mar 2025.
Ceased
Kanhaiyalal Hotchand Matani ceased to be Designated Partner.
Ceased
Vashu Hotchand Matani ceased to be Designated Partner.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 11,500.00 Lakh with Charge ID 100883388 was registered on 23 Feb 2024.
Charges
A charge registered on 25 Oct 2022 via Charge ID 100653294 with Vistra Itcl India Limited was fully satisfied on 19 Feb 2024.
Charges
A charge registered on 19 Oct 2022 via Charge ID 100652069 with Vistra Itcl India Limited was fully satisfied on 19 Feb 2024.
Charges
A charge with Vistra Itcl India Limited amounted to Rs. 17,500.00 Lakh with Charge ID 100653294 was registered on 25 Oct 2022.
12 earlier events are in the company report.
Frequently asked questions
Grow India Nirmiti is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 February 2016 (10+ years old) and is registered under LLPIN AAF-8167.
Grow India Nirmiti has 3 current designated partners:
- Bijal Hemendra Shah - Designated Partner
- Devashish Mehta - Designated Partner
- Ramesh Girdhardas Shah - Designated Partner
The latest financial statements of Grow India Nirmiti on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Grow India Nirmiti is 27AAQFG0861P1ZQ, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Grow India Nirmiti is AAF-8167. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Grow India Nirmiti was incorporated on 29 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Kanhaiyalal Hotchand Matani ceased to be Designated Partner on 27 Feb 2024. Vashu Hotchand Matani ceased to be Designated Partner on 27 Feb 2024. Bijal Hemendra Shah was appointed as Designated Partner on 02 Sep 2019. Grow India Nirmiti has 12 designated partner changes on record in total.
Yes, Grow India Nirmiti is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0244988).
The registered office of Grow India Nirmiti is at Kunal House 796A1 F.P. No. 180A1 Dr Ketkar Road Opp. Kamala Nehru Garden, Pune, Maharashtra, India – 411004.
Grow India Nirmiti operates in the real estate and construction industry, in the real estate builders and developers segment.