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.
Company details
Contact details
Grow Lance Business Developers Private Limited's registered office is in Thiruvananthapuram, Kerala.
- 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
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Grow Lance Business Developers Private Limited, buy the company report.
Financials of Grow Lance Business Developers Private Limited
FY 2025 filings availableGrow Lance Business Developers Private Limited reported revenue of ₹15.35 Lakh (up 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24,461 | ||||
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| Net Profit (PAT) | ₹14,596 | ||||
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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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| EBITDA Margin | 1.6% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Grow Lance Business Developers Private Limited, buy the company report.
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 | 6 Years 0 Months | Current |
| Ratheesh Kumar Raveendran Also directs: Grow Lance Nidhi Limited | Director | 23 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Grow Lance Business Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| 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 Limitedthis company | ₹15.35 Lakh (FY 2025) | ₹14,596 | 1% | 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 |
To see the full peer comparison of Grow Lance Business Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grow Lance Business Developers 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 Grow Lance Business Developers 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 Grow Lance Business Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
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.
Frequently asked questions
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 has 2 current directors:
- Chandra Lekha - Director
- Ratheesh Kumar Raveendran - Director
The latest financial statements of Grow Lance Business Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2021 are in the company report.
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 operates in the healthcare industry, in the human health activities segment.
Grow Lance Business Developers can be reached at its registered office: No.Kp.XI287 Moriah Building Udiyankulagara, Thiruvananthapuram, Kerala, India – 695122.
Grow Lance Business Developers is registered under the jurisdiction of the Registrar of Companies (ROC), Ernakulam.