About Grow More Hitech Solutions Private Limited
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Grow More Hitech Solutions Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL2009PTC194853. Its GSTIN is 07AADCG5614J1ZM (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Manju Grover and Anupam Mahajan.
Its last annual general meeting (AGM) was held on 28 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop A5 Kh – 405 Village Ghitorni Near Hanuman Mandir, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.93 Lakh (net margin 1.8%) and EBITDA of ₹3.43 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growmoresolutions.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop A5 Kh – 405 Village Ghitorni Near Hanuman Mandir, New Delhi, Delhi, India – 110030
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 More Hitech Solutions Private Limited
The main business activity of Grow More Hitech Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 More Hitech Solutions Private Limited FY 2025 filings available
Grow More Hitech Solutions Private Limited reported revenue of ₹1.05 Cr (down 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grow More Hitech Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 39% fall in the latest year. EBITDA fell 48% 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 More Hitech Solutions 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 | ₹3.43 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.93 Lakh | •••• | •••• | •••• | •••• |
| 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 More Hitech Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 More Hitech Solutions are in the company report.
Financial statements from 2015
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.
Peer Comparison of Grow More Hitech Solutions Private Limited
Grow More Hitech Solutions Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valiant Technovation (India) Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Yamuna Nagar, Haryana, India |
| Darewell Energy Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Hiwaki Pumps Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Indore, Madhya Pradesh, India |
| Epi Switchgears Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | -65.0% | •••• | Chandigarh, India |
| Pulse Power Technologies Pvt Ltd | ₹1.05 Cr (FY 2025) | •••• | •••• | -82.0% | •••• | Kolkata, West Bengal, India |
| Grow More Hitech Solutions Private Limited this company | ₹1.05 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Sun Wind Tech Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Chennai, Tamil Nadu, India |
| Sharparc Welding Services Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Pune, Maharashtra, India |
| VLP Electric Company Private Limited | ₹1.04 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Bangalore, Karnataka, India |
| RTP Controls India Private Limited | ₹1.04 Cr (FY 2018) | •••• | •••• | -67.0% | •••• | Bangalore, Karnataka, India |
| Nanoo Electronics Private Limited | ₹1.03 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Grow More Hitech Solutions by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Grow More Hitech Solutions Private Limited
Grow More Hitech Solutions Private Limited is audited by SUMNISH JAIN & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUMNISH JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Grow More Hitech Solutions Private Limited
Grow More Hitech Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manju Grover | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
| Anupam Mahajan | Director | 01 Oct 2009 | 17 Years 0 Months | Current |
Ownership and Shareholding of Grow More Hitech Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Grow More Hitech Solutions Private Limited
Grow More Hitech Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Grow More Hitech Solutions Private Limited
Employment history and EPFO contributions of people linked to Grow More Hitech Solutions.
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 More Hitech Solutions Private Limited
Grow More Hitech Solutions Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Madhu Mittal ceased to be Additional Director on 23 Apr 2018.
Credit Ratings, Litigation & Regulatory Alerts for Grow More Hitech Solutions 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 More Hitech Solutions 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 More Hitech Solutions 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 More Hitech Solutions Private Limited
Grow More Hitech Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCG5614J1ZM | Delhi | Active | 01 Jul 2017 |
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 More Hitech Solutions 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 More Hitech Solutions Private Limited
Grow More Hitech Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 October 2009 (17+ years old) and is registered under CIN U51101DL2009PTC194853.
Grow More Hitech Solutions reported revenue of ₹1.05 Cr for FY 2025 (down 39% YoY).
Grow More Hitech Solutions has 2 current directors:
- Manju Grover - Director
- Anupam Mahajan - Director
Grow More Hitech Solutions reported a net profit of ₹1.93 Lakh (net margin 1.8%) and EBITDA of ₹3.43 Lakh (EBITDA margin 3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grow More Hitech Solutions is -11% over three years. In the latest year (FY 2025) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grow More Hitech Solutions is 07AADCG5614J1ZM, registered in Delhi.
The CIN (Corporate Identification Number) of Grow More Hitech Solutions is U51101DL2009PTC194853. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow More Hitech Solutions was incorporated on 01 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Grow More Hitech Solutions by revenue are Valiant Technovation (India) Private Limited, Darewell Energy Private Limited, Hiwaki Pumps Private Limited, Epi Switchgears Private Limited, Pulse Power Technologies Pvt Ltd and 5 more, all in the Power industry (Power Equipment Manufacturers).
Madhu Mittal ceased to be Additional Director on 23 Apr 2018. Preeti Mittal ceased to be Additional Director on 23 Apr 2018. Anupam Mahajan was appointed as Director on 01 Oct 2009. Grow More Hitech Solutions has 4 board changes on record in total.
Grow More Hitech Solutions can be reached through the website growmoresolutions.com. Its registered office is in New Delhi, Delhi, India.