MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-06-0003228
Grow Max India Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹193.09 Cr
▲ 8% YoY
Net profit · FY 2025
₹19.85 Cr
Net margin 10.3%
EBITDA · FY 2025
₹34.49 Cr
EBITDA margin 17.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹55.25 Cr
Satisfied ₹30.64 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
207
Provident fund records
About Grow Max India Private Limited
Data last updated:
Grow Max India Private Limited is a private limited company based in Delhi, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 03 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U25202DL1998PTC092525. Its GSTIN is 07AABCG0277B1Z4 (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Pawan Kumar Aggarwal and Kamal Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 404 4th Floor Crown Heights Sector – 10 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹193.09 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹19.85 Cr (net margin 10.3%) and EBITDA of ₹34.49 Cr (EBITDA margin 17.9%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 6% over five years.
The company has about 207 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growmax India. As per MCA filings, the company has open charges of ₹55.25 Cr and satisfied charges of ₹30.64 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it; 1 case is pending. The company has 16 deals on record (10 funding rounds, 6 secondary share transfers), with disclosed funding of ₹5.55 Cr; the latest was in June 2020. The company has 16 MSME Form 1 returns on record between 2019 and 2023, listing 434 overdue payments to 21 micro and small suppliers.
Grow Max India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0003228). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growmaxindia.co.in.
Company details
CIN U25202DL1998PTC092525
Registration Number 092525
Incorporation Date 03 March 1998
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-06-0003228
Recognitions & Rankings of Grow Max India
Contact details
Grow Max India Private Limited's registered office is in Delhi, Delhi. Its website is growmaxindia.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address404 4th Floor Crown Heights Sector – 10 Rohini, Delhi, India – 110085
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Grow Max India Private Limited, buy the company report.
Comprehensive company report
Grow Max India Private Limited - 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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Brands
Grow Max India operates one associated brand: Growmax India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plastic containers and polybags are supplied for packaging applications. | growmaxindia.co.in |
Business activity
The main business activity of Grow Max India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Grow Max India Private Limited, buy the company report.
Financials of Grow Max India Private Limited
FY 2024 filings availableGrow Max India Private Limited reported revenue of ₹193.09 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹193.09 Cr ▲ 8%
Net profit · FY 2025
₹19.85 Cr margin 10.3%
EBITDA · FY 2025
₹34.49 Cr margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 1%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 1%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 8% growth in the latest year. EBITDA fell 1% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹34.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Grow Max India Private Limited, buy the company report.
Board of directors of Grow Max India Private Limited
Grow Max India has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punam Aggarwal | Additional Director | 01 Oct 2025 | 1 Years 1 Months | Current |
| Pawan Kumar Aggarwal Also directs: Max Polyplast Private Limited, Grow Polymers Private Limited, Paclean Ventures Private Limited and 2 more | Director | 03 Mar 1998 | 28 Years 7 Months | Current |
| Kamal Kumar | Director | 09 Mar 2015 | 11 Years 7 Months | Current |
| Ankit Aggarwal Also directs: V R Automobiles Private Limited, Grow Polymers Private Limited, Paclean Ventures Private Limited and 5 more | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Grow Max India Private Limited is audited by GUPTA JALAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA JALAN & ASSOCIATES | FY 2023 | 003721N |
Shareholding
The shareholding of Grow Max India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Grow Max India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55.25 Cr
Satisfied charges
₹30.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 May 2024 | 100922536 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open | |
| 12 Sep 2016 | 100049607 | The Hongkong and Shanghai Banking Corporation Limited | ₹21 Cr | Open | |
| 23 Nov 2013 | 10461771 | Hdfc Bank Limited | ₹9.25 Cr | Open | |
| 03 Nov 2023 | 100830916 | Others | ₹7.2 Cr | Satisfied | |
| 23 Jul 2018 | 100192960 | The Hongkong and Shanghai Banking Corporation Limited | ₹6 Cr | Satisfied |
To see the full charge records of Grow Max India Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Grow Max India Private Limited has 16 deals on record (10 funding rounds, 6 secondary share transfers), with disclosed funding of ₹5.55 Cr; the latest was in June 2020.
Total deals
16
Funding rounds
10
Secondary share transfers
6
Disclosed funding
₹5.55 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: A V Industries, Trisis Ventures, 2 individuals Seller: Grow Exim Private Limited , Devi Prashan HUF |
| Mar 2012 | Funding round | ₹1.31 Cr | Investors: Grow Exim Private Limited , 3 individuals |
| Jan 2011 | Funding round | ₹1.34 Cr | Investors: Grow Exim Private Limited , Pawan Kumar Aggarwal Huf, 2 individuals |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Grow Exim Private Limited Seller: Oasis Syntex Pvt Ltd , Eeshan Corporation Limited , Basic Portfolio Management Private Limited , an individual |
| Jan 2010 | Funding round | ₹75.1 Lakh | Investors: Eeshan Corporation Limited , Basic Portfolio Management Private Limited , Frontier Vanijya Pvt Ltd |
To see the full deal history of Grow Max India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grow Max India Private Limited has 13 court cases on record: 8 filed by Grow Max India, 5 filed against it. 1 case is pending and 12 are disposed.
Total cases
13
Filed by the company
8
Filed against the company
5
Pending
1
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 1 |
| High courts | 3 | 1 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rohtak, Haryana | Commercial suit | Filed against the company by HDFC Bank Ltd | Disposed |
| NCLT, Allahabad | Insolvency matter | Filed by the company against Coromandel Agrico Pvt.Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Agrimas Chemicals Limited | Disposed |
| District court, North, Delhi | Criminal case | Filed by the company against M/S Petro Star and Ors | Pending |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Commissioner of Customs and 2 others | Disposed |
To see the full case history of Grow Max India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Grow Max India Private Limited has 16 MSME Form 1 returns on record between 2019 and 2023, listing 434 overdue payments to 21 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Plastek Innovations Private Limited | |||
| an individual supplier | |||
| Nutra Solutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Grow Max India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Grow Max India Private Limited has a workforce of 207 employees on its EPFO records as of Apr 08, 2024, across 4 active EPFO establishments.
Employee count
207
Active EPFO establishments
4
Employee growth
2.99%
GST
Grow Max India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCG0277B1Z4 | Delhi | Active | 01 Jul 2017 |
| 06AABCG0277B1Z6 | Haryana | Active | 01 Jul 2017 |
| 29AABCG0277B1ZY | Karnataka | Active | 23 Nov 2017 |
To see the full GST registrations and return filing status of Grow Max India Private Limited, buy the company report.
Recent activity
Grow Max India Private Limited has 10 board changes on record since 1998: 7 appointments and 3 cessations. The latest: Punam Aggarwal was appointed as Additional Director on 01 Oct 2025.
Appointed
Punam Aggarwal was appointed as Additional Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.00 Cr registered on 12 Sep 2016 with Charge ID 100049607 was modified on 04 Jun 2025.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 25.00 Cr registered on 18 May 2024 with Charge ID 100922536 was modified on 21 Feb 2025.
AGM
Grow Max India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 25.00 Cr with Charge ID 100922536 was registered on 18 May 2024.
Filing
Grow Max India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited of Rs. 9.25 Cr registered on 23 Nov 2013 with Charge ID 10461771 was modified on 15 Mar 2024.
Appointed
Ankit Aggarwal was appointed as Director.
Charges
A charge registered on 03 Nov 2023 via Charge ID 100830916 with Others was fully satisfied on 07 Mar 2024.
Charges
A charge registered on 22 Jun 2012 via Charge ID 10365863 with Reliance Capital Ltd was fully satisfied on 21 Feb 2024.
Charges
A charge registered on 10 May 2012 via Charge ID 10353479 with Reliance Capital Ltd was fully satisfied on 21 Feb 2024.
Charges
A charge registered on 05 May 2009 via Charge ID 10158436 with Reliance Capital Ltd was fully satisfied on 21 Feb 2024.
40 earlier events are in the company report.
Frequently asked questions
Grow Max India is an active private limited company based in Delhi, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 03 March 1998 (28+ years old) and is registered under CIN U25202DL1998PTC092525.
Grow Max India has 4 current directors:
- Punam Aggarwal - Additional Director
- Pawan Kumar Aggarwal - Director
- Kamal Kumar - Director
- Ankit Aggarwal - Director
The latest financial statements of Grow Max India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Grow Max India is 07AABCG0277B1Z4, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AABCG0277B1Z6 (Haryana), 29AABCG0277B1ZY (Karnataka).
The CIN (Corporate Identification Number) of Grow Max India is U25202DL1998PTC092525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow Max India has 13 court cases on record: 8 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Grow Max India was incorporated on 03 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Grow Max India has 16 deals on record (10 funding rounds, 6 secondary share transfers), with disclosed funding of ₹5.55 Cr; the latest was in June 2020.
Punam Aggarwal was appointed as Additional Director on 01 Oct 2025. Ankit Aggarwal was appointed as Director on 15 Mar 2024. Vijay Singh Chauhan ceased to be Director on 24 Feb 2022. Grow Max India has 10 board changes on record in total.
Yes, Grow Max India is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0003228).
Grow Max India has 16 MSME Form 1 returns on record between 2019 and 2023, listing 434 overdue payments to 21 micro and small suppliers. The latest return was filed on 21 Oct 2023.
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