Grow Well Mercantile Private Limited - Company Profile

It is a trading private limited company based in Panvel, Maharashtra, India, established in 1997.
1997 Panvel, Maharashtra, India Active
Last Updated:
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About Grow Well Mercantile Private Limited

Grow 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 Ii. 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 (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.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51900MH1997PTC420169

  • Registration Number

    420169

  • Incorporation Date

    20 January 1997

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹14.66 Cr

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.66 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 989.75 Cr
  • Revenue Growth **** -70.33%
  • Profit Growth **** -72.40%
  • Ebitda **** -117.55%
  • Net Worth 0.63%
  • Total Assets **** 13.88%
Company report

Grow Well Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

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.

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Who are the key members and board of directors at Grow Well Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Ram Chandra Sharma Director 01 Oct 2018 Current
Purushottam Mangilalji Nemani Director 24 Apr 2019 Current
Rajesh Sharma Director 01 Sep 2025 Current
Past Directors
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

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Financial Performance of Grow Well Mercantile.

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%.

Grow Well Mercantile revenue growth over time
Grow Well Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -70.33%
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Revenue from Operations
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 -71.03%
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*******
*******
Total Assets
*******
 13.88%
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*******
*******
Profit or Loss
*******
 -72.40%
*******
*******
*******
*******
Net Worth
*******
 0.63%
*******
*******
*******
*******
EBITDA
*******
 -117.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Grow Well Mercantile?

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.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹9,897,500,000.00

Charges Breakdown by Lending Institutions
  • Axis Trustee Services Limited : 550.00 Cr
  • Union Bank Of India : 389.20 Cr
  • Others : 50.00 Cr
  • Punjab And Maharashtra Co-Operative Bank Limited : 0.55 Cr
Latest Charge Details
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 ₹125.00 Cr Satisfied
30 Jun 2015 Axis Trustee Services Limited ₹425.00 Cr Satisfied
06 Nov 2007 Union Bank Of India ₹40.35 Cr Satisfied

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How Many Employees Work at Grow Well Mercantile?

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.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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.

Rating
Graph displaying rating trends over time

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.

Alerts
Alert Indicator

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.

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Latest Updates, News, and FAQs on Grow Well Mercantile
Recent Activity within the Organization
  • Annual General Meeting

    Grow Well Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Rajesh Sharma was appointed as a Director was appointed as a Director on 01 Sep 2025 & has been associated with this company since 6 months 28 days . was recorded as a recent event.

  • Balance Sheet

    Grow Well Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 24 Nov 2021 via Charge ID 100506658 with Others was fully satisfied on 09 Sep 2022. was documented.

  • Charges

    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 recorded as a recent event.

  • Director Appointment

    Progress on 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 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Grow Well Mercantile Private Limited?

The CIN of Grow Well Mercantile Private Limited is U51900MH1997PTC420169.

Where is Grow Well Mercantile Private Limited headquartered?

Grow Well Mercantile Private Limited is headquartered at Office No A 105, Plot No 514 Steel Chambers, Panvel, Maharashtra, 410218.

When was Grow Well Mercantile Private Limited incorporated?

Grow Well Mercantile Private Limited was incorporated on 20 January 1997.

Who are the current directors of Grow Well Mercantile Private Limited?

The current directors of Grow Well Mercantile Private Limited are

What is the primary industry of Grow Well Mercantile Private Limited?

The primary industry of Grow Well Mercantile Private Limited is Trade.

Is Grow Well Mercantile Private Limited a listed company?

Grow Well Mercantile Private Limited is unlisted.

What is the capital structure of Grow Well Mercantile Private Limited?

The authorized capital of Grow Well Mercantile Private Limited is ₹15.00 Cr, and the paid-up capital is ₹14.66 Cr.

What is the compliance status of Grow Well Mercantile Private Limited?

The compliance status of Grow Well Mercantile Private Limited is Compliant.

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