MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0288305
Grow Pharmaceutical Private Limited
Grow Pharmaceutical Private Limited - pharma in Akola, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹98.8 Lakh
▲ 40% YoY
Net profit · FY 2024
₹2.47 Lakh
Net margin 2.5%
EBITDA · FY 2024
₹24.8 Lakh
EBITDA margin 25.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Grow Pharmaceutical Private Limited
Data last updated:
Grow Pharmaceutical Private Limited is a private limited company based in Akola, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 28 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51909PN2020PTC195446. Its GSTIN is 27AAICG6308E1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pankaj Manikrao More and Jagdish Ashok Chavhan.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No.60 1st Floor G.M.D Market Ram Nagar, Akola, Maharashtra, India – 444001.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.8 Lakh, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Lakh (net margin 2.5%) and EBITDA of ₹24.8 Lakh (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 393% over three years.
Grow Pharmaceutical Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0288305).
Company details
CIN U51909PN2020PTC195446
Registration Number 195446
Incorporation Date 28 October 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0288305
Recognitions & Rankings of Grow Pharmaceutical
Contact details
Grow Pharmaceutical Private Limited's registered office is in Akola, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No.60 1st Floor G.M.D Market Ram Nagar, Akola, Maharashtra, India – 444001
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Grow Pharmaceutical Private Limited, buy the company report.
Comprehensive company report
Grow Pharmaceutical 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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Business activity
The main business activity of Grow Pharmaceutical is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Grow Pharmaceutical Private Limited, buy the company report.
Financials of Grow Pharmaceutical Private Limited
FY 2025 filings availableGrow Pharmaceutical Private Limited reported revenue of ₹98.8 Lakh (up 40% YoY) for FY 2024.
Revenue · FY 2024
₹98.8 Lakh ▲ 40%
Net profit · FY 2024
₹2.47 Lakh margin 2.5%
EBITDA · FY 2024
₹24.8 Lakh margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 393%
EBITDA CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 814%
Revenue has grown at a compounded annual rate (CAGR) of 393% over three years, including 40% growth in the latest year. EBITDA rose 62% 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 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 | ₹24.8 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.47 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 25.1% | |||
| Net Profit Margin | 2.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Grow Pharmaceutical Private Limited, buy the company report.
Board of directors of Grow Pharmaceutical Private Limited
Grow Pharmaceutical has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Manikrao More | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
| Jagdish Ashok Chavhan | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
Peer comparison
Grow Pharmaceutical Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Op & Sons Traders Private Limited | ₹99.02 Lakh (FY 2025) | -69.0% | Delhi, India | |||
| Mulji Agro Producer Company Limited | ₹98.99 Lakh (FY 2024) | 2.0% | Amravati, Maharashtra, India | |||
| Sathvam Oils and Spices Private Limited | ₹98.97 Lakh (FY 2025) | 44.0% | Karur, Tamil Nadu, India | |||
| Integra Electromechanical Solutions Private Limited | ₹98.93 Lakh (FY 2024) | -68.0% | Bangalore, Karnataka, India | |||
| Gustav Trading Private Limited | ₹98.9 Lakh (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Grow Pharmaceutical Private Limitedthis company | ₹98.8 Lakh (FY 2024) | ₹2.47 Lakh | 2.5% | 40.0% | Akola, Maharashtra, India | |
| Omambey Fashion Private Limited | ₹98.78 Lakh (FY 2024) | 0.0% | Kolkata, West Bengal, India | |||
| Enercon Labs Private Limited | ₹98.75 Lakh (FY 2025) | 33.0% | Bangalore, Karnataka, India | |||
| Bidisha Advisory Private Limited | ₹98.74 Lakh (FY 2025) | -14.0% | Kolkata, West Bengal, India | |||
| Elcon Power Infra Private Limited | ₹98.73 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Rajbonshi India Private Limited | ₹98.63 Lakh (FY 2025) | 100.0% | Thane, Maharashtra, India |
To see the full peer comparison of Grow Pharmaceutical Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Grow Pharmaceutical 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 Pharmaceutical Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Grow Pharmaceutical Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
Active EPFO establishments
1
GST
Grow Pharmaceutical has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG6308E1ZP | Maharashtra | Active | 01 Feb 2021 |
To see the full GST registrations and return filing status of Grow Pharmaceutical Private Limited, buy the company report.
Recent activity
Grow Pharmaceutical Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Jagdish Ashok Chavhan was appointed as Director on 28 Oct 2020.
AGM
Grow Pharmaceutical Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Grow Pharmaceutical Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Jagdish Ashok Chavhan was appointed as Director.
Appointed
Pankaj Manikrao More was appointed as Director.
Incorporation
28 Oct 2020
Grow Pharmaceutical Private Limited was registered on 28 Oct 2020 with Roc Pune & aged 6 years 12 days as per MCA records.
Frequently asked questions
Grow Pharmaceutical is an active private limited company based in Akola, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 28 October 2020 (6+ years old) and is registered under CIN U51909PN2020PTC195446.
Grow Pharmaceutical has 2 current directors:
- Pankaj Manikrao More - Director
- Jagdish Ashok Chavhan - Director
The latest financial statements of Grow Pharmaceutical on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Grow Pharmaceutical is 27AAICG6308E1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grow Pharmaceutical is U51909PN2020PTC195446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow Pharmaceutical was incorporated on 28 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Grow Pharmaceutical by revenue are Op & Sons Traders Private Limited, Mulji Agro Producer Company Limited, Sathvam Oils and Spices Private Limited, Integra Electromechanical Solutions Private Limited, Gustav Trading Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Jagdish Ashok Chavhan was appointed as Director on 28 Oct 2020. Pankaj Manikrao More was appointed as Director on 28 Oct 2020.
Yes, Grow Pharmaceutical is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0288305).
The registered office of Grow Pharmaceutical is at Shop No.60 1st Floor G.M.D Market Ram Nagar, Akola, Maharashtra, India – 444001.
Grow Pharmaceutical operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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