Grow Lance Business Developers Private Limited
About Grow Lance Business Developers Private Limited
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Grow Lance Business Developers Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the healthcare services segment of the healthcare sector. It was incorporated on 23 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U85100KL2020PTC065268.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹5.6 Lakh. It is led by directors Chandra Lekha and Ratheesh Kumar Raveendran.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.Kp.XI/287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.35 Lakh, a growth of 77% compared to the previous year. For the same year it recorded a net profit of ₹14,596 (net margin 1%) and EBITDA of ₹24,461 (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
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- Registered AddressNo.Kp.XI/287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122
- IndustryHealthcare, Human Health Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Grow Lance Business Developers Private Limited
The main business activity of Grow Lance Business Developers is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Grow Lance Business Developers Private Limited FY 2025 filings available
Grow Lance Business Developers Private Limited reported revenue of ₹15.35 Lakh (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grow Lance Business Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 77% growth in the latest year. EBITDA fell 37% 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 of Grow Lance Business Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24,461 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14,596 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Grow Lance Business Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Grow Lance Business Developers are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Grow Lance Business Developers Private Limited
Grow Lance Business Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Lekha Also directs: Grow Lance Nidhi Limited | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
| Ratheesh Kumar Raveendran Also directs: Grow Lance Nidhi Limited | Director | 23 Oct 2020 | 5 Years 11 Months | Current |
Peer Comparison of Grow Lance Business Developers Private Limited
Grow Lance Business Developers Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other Hospital and Medical Care Activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rithika Surabhi Medicare Private Limited | ₹15.38 Lakh (FY 2023) | •••• | •••• | 296.0% | •••• | Tirupati, Andhra Pradesh, India |
| Medicant Hospital and Research Centre Private Limited | ₹15.38 Lakh (FY 2024) | •••• | •••• | 67.0% | •••• | Delhi, India |
| Vviva Skin & Hair Clinic Private Limited | ₹15.37 Lakh (FY 2023) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| Manentia Research Private Limited | ₹15.36 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Noida, Uttar Pradesh, India |
| Hclub Medical Services Private Limited | ₹15.35 Lakh (FY 2019) | •••• | •••• | 48.0% | •••• | Hyderabad, Telangana, India |
| Grow Lance Business Developers Private Limited this company | ₹15.35 Lakh (FY 2025) | •••• | •••• | 77.0% | •••• | Thiruvananthapuram, Kerala, India |
| Glorious Hospitality Services Private Limited | ₹15.34 Lakh (FY 2025) | •••• | •••• | -16.0% | •••• | Ahmedabad, Gujarat, India |
| Chudgar Psychiatric Care Private Limited | ₹15.33 Lakh (FY 2017) | •••• | •••• | -13.0% | •••• | Ahmedabad, Gujarat, India |
| Vydhyam Healthcare Private Limited | ₹15.33 Lakh (FY 2020) | •••• | •••• | -29.0% | •••• | Manikonda, Telangana, India |
| Citadel Fine Pharmaceuticals Private Limited | ₹15.31 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Kingscure Medicare Private Limited | ₹15.3 Lakh (FY 2024) | •••• | •••• | 2593524.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Grow Lance Business Developers by revenue in the same principal business activity (Other Hospital and Medical Care Activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Grow Lance Business Developers Private Limited
Grow Lance Business Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grow Lance Business Developers Private Limited
Employment history and EPFO contributions of people linked to Grow Lance Business Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Grow Lance Business Developers Private Limited
Grow Lance Business Developers Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Chandra Lekha was appointed as Director on 23 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Grow Lance Business Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Grow Lance Business Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Grow Lance Business Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Grow Lance Business Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Grow Lance Business Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Grow Lance Business Developers Private Limited
Grow Lance Business Developers is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in human health activities, within the healthcare industry. It was incorporated on 23 October 2020 (6+ years old) and is registered under CIN U85100KL2020PTC065268.
Grow Lance Business Developers reported revenue of ₹15.35 Lakh for FY 2025 (up 77% YoY).
Grow Lance Business Developers has 2 current directors:
- Chandra Lekha - Director
- Ratheesh Kumar Raveendran - Director
Grow Lance Business Developers reported a net profit of ₹14,596 (net margin 1%) and EBITDA of ₹24,461 (EBITDA margin 1.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grow Lance Business Developers is 14% over three years. In the latest year (FY 2025) revenue rose 77%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Grow Lance Business Developers is U85100KL2020PTC065268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow Lance Business Developers was incorporated on 23 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Grow Lance Business Developers by revenue are Rithika Surabhi Medicare Private Limited, Medicant Hospital and Research Centre Private Limited, Vviva Skin & Hair Clinic Private Limited, Manentia Research Private Limited, Hclub Medical Services Private Limited and 5 more, all in the same principal business activity (Other Hospital and Medical Care Activities).
Chandra Lekha was appointed as Director on 23 Oct 2020. Ratheesh Kumar Raveendran was appointed as Director on 23 Oct 2020.
The registered office of Grow Lance Business Developers is at No.Kp.XI287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
Grow Lance Business Developers has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹5.6 Lakh.