It is a trading private limited company based in Panvel, Maharashtra, India, established in 1997.
1997 | Panvel, Maharashtra, India | ActiveGrow Well Mercantile Private Limited, a active private limited company, was established on 20 January 1997 in Panvel, Maharashtra, India. Engaging in wholesale within the trade sector, it holds CIN: U51900MH1997PTC420169. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹14.66 Cr.
Formerly known as Grow Well Mercantile Limited. It upholds a compliant status. Employing 2 professional, Its leadership includes Ram Chandra Sharma (Director), Purushottam Mangilalji Nemani (Director), Rajesh Sharma (Additional Director). Past directors included Jitendra Chunilal Bhanasali, Ashok Kumar Mahendru, Anuj Rajinder Miglani. It holds no open charges and ₹989.75 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Office No A 105, Plot No 514 Steel Chambers, Panvel, Maharashtra, 410218.
U51900MH1997PTC420169
420169
20 January 1997
₹15.00 Cr
₹14.66 Cr
Roc Mumbai
Unlisted
Active
Explore comprehensive insights into Grow Well Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
Access Report
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ram Chandra Sharma | Director | 01 Oct 2018 | Current |
| Purushottam Mangilalji Nemani | Director | 24 Apr 2019 | Current |
| Rajesh Sharma | Additional Director | 01 Sep 2025 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 09 May 2017 | Past |
| Pramod Abcsdd | Director | 24 Apr 2019 | Past |
| Pramod Abcsdd | Director | 15 Apr 2011 | Past |
| Pramod Abcsdd | Director | 08 Aug 2014 | Past |
| Pramod Abcsdd | Additional Director | 15 Mar 2019 | Past |
| Pramod Abcsdd | Company Secretary | - | Past |
Discover detailed profiles of directors and KMP - Unlock leadership insights today!
Grow Well Mercantile Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 70.33% decrease. The company also saw a substantial fall in profitability, with a 72.4% decrease in profit. The company's net worth moved up by a moderate rise of 0.63%.
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
In 2024, Grow Well Mercantile had a promoter holding of 81.64% and a public holding of 18.36%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Reveal ownership structures and financial performance - Get instant access now!
₹0
₹9,897,500,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2021 | Others | ₹50.00 Cr | Satisfied |
| 06 Apr 2017 | Punjab And Maharashtra Co-Operative Bank Limited | ₹5.50 M | Satisfied |
| 30 Jun 2015 | Axis Trustee Services Limited | ₹425.00 Cr | Satisfied |
| 30 Jun 2015 | Axis Trustee Services Limited | ₹125.00 Cr | Satisfied |
| 06 Nov 2007 | Union Bank Of India | ₹40.35 Cr | Satisfied |
Explore comprehensive loan charge details -
Grow Well Mercantile has a workforce of 2 employees as of Dec 17, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Grow Well Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Grow Well Mercantile's trajectory.
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
The activity Grow Well Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.
Progress on Rajesh Sharma was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2025 & has been associated with this company since 4 months 17 days . was documented.
Grow Well Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
Progress on A charge registered on 24 Nov 2021 via Charge ID 100506658 with Others was fully satisfied on 09 Sep 2022. was documented.
Progress on A charge registered on 06 Apr 2017 via Charge ID 100094439 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 07 Sep 2022. was documented.
The activity Ashutosh Sharma was appointed as a Company Secretary was appointed as a Company Secretary on 02 May 2022 & has been associated with this company since 3 years 8 months . was completed.
The CIN of Grow Well Mercantile Private Limited is U51900MH1997PTC420169.
Grow Well Mercantile Private Limited is headquartered at Office No A 105, Plot No 514 Steel Chambers, Panvel, Maharashtra, 410218.
Grow Well Mercantile Private Limited was incorporated on 20 January 1997.
The current directors of Grow Well Mercantile Private Limited are
The primary industry of Grow Well Mercantile Private Limited is Trade.
Grow Well Mercantile Private Limited is unlisted.
The authorized capital of Grow Well Mercantile Private Limited is ₹15.00 Cr, and the paid-up capital is ₹14.66 Cr.
The compliance status of Grow Well Mercantile Private Limited is Compliant.
Search company & director profiles for free and gain access to critical business data.
Company Details
+91-XXXXXXXXXX