About Growcoms Private Limited
Data last updated:
Growcoms Private Limited is a private limited company based in Kochi, Kerala, India, recognised as a startup by DPIIT. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 15 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U15400KL2020PTC066370. Its GSTIN is 32AAICG7286R1ZS (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.2 Lakh. It is led by directors including Kurien George Kannanthanam (Managing Director) and Prem Nath Narendra Nath.
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 31/2D – 2 Ambelipadam Road, Kochi, Kerala, India – 682019.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.62 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.2 Cr (net margin -11.2%) and EBITDA of -₹4.12 Cr (EBITDA margin -10.9%).
The company has about 40 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growcoms. As per MCA filings, the company has open charges of ₹11 Cr on record. The company has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹36.14 Cr; the latest was in November 2023. Its 10 peer companies in the Agriculture industry (Agro Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Vanasri Agro Services Private Limited with revenue of ₹37.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growcoms.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address31/2D – 2 Ambelipadam Road, Kochi, Kerala, India – 682019
- IndustryAgriculture, Agro 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 Growcoms Private Limited
The main business activity of Growcoms is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| 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 Growcoms Private Limited FY 2024 filings available
Growcoms Private Limited reported revenue of ₹37.62 Cr (up 173% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Growcoms Private Limited
Revenue rose 173% in the latest year. EBITDA fell 95% 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 Growcoms Private Limited
| 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 | -₹4.12 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.2 Cr | •••• | •••• | •••• |
| 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 Growcoms Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -10.9% | •••• | •••• | •••• |
| Net Profit Margin | -11.2% | •••• | •••• | •••• |
| 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 Growcoms are in the company report.
Financial statements from FY 2021
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 Growcoms Private Limited
Growcoms Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vanasri Agro Services Private Limited | ₹37.94 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bommakal, Telangana, India |
| Yadadri Manufacturers & Traders Private Limited | ₹37.88 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Hyderabad, Telangana, India |
| Srijon Pacific Private Limited | ₹37.87 Cr (FY 2023) | •••• | •••• | 547.0% | •••• | Kolkata, West Bengal, India |
| Debco Pharma Private Limited | ₹37.76 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Kolkata, West Bengal, India |
| Purplemagic International Enterprise Limited | ₹37.65 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Growcoms Private Limited this company | ₹37.62 Cr (FY 2024) | •••• | •••• | 173.0% | •••• | Kochi, Kerala, India |
| Tanish Fertilizers Private Limited | ₹37.57 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Jewar, Uttar Pradesh, India |
| SNCL Trading Private Limited | ₹37.56 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Patna, Bihar, India |
| Oxygrow Agro Tech Private Limited | ₹37.55 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Etawa, Uttar Pradesh, India |
| Growventure Future Private Limited | ₹37.46 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sunfood Agro Products Private Limited | ₹37.39 Cr (FY 2025) | •••• | •••• | 134870.0% | •••• | Rajahmundry, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below Growcoms by revenue in the Agriculture industry (Agro Retail and Distribution), 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 Growcoms Private Limited
Growcoms Private Limited is audited by G A T and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G A T and Associates | 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 Growcoms Private Limited
Growcoms has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunandan Rajiv Also directs: Arali Ventures LLP, Arali Investment Manager LLP, Arali Ventures Sponsor LLP and 4 more | Nominee Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Sachin Tagra | Nominee Director | 01 Dec 2023 | 2 Years 10 Months | Current |
| Kurien George Kannanthanam | Managing Director | 22 Feb 2022 | 4 Years 7 Months | Current |
| Prem Nath Narendra Nath | Director | 22 Feb 2022 | 4 Years 7 Months | Current |
| Bibin Mathews | Director | 22 Feb 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Growcoms 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 Growcoms Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2024 | Hdfc Bank Limited | ₹11 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Growcoms Private Limited
Growcoms Private Limited has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹36.14 Cr; the latest was in November 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Funding round | ₹27.99 Cr | Investors: JSW Ventures, Arali Ventures, Info Edge Ventures |
| Aug 2022 | Funding round · Seed | ₹7.5 Cr | Investors: Info Edge Ventures |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Oct 2021 | Funding round | ₹15 Lakh | Investors: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Growcoms Private Limited
Growcoms operates one associated brand: Growcoms. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online B2B marketplace offering a range of spices | growcoms.com |
Employees and EPFO Compliance at Growcoms Private Limited
Growcoms Private Limited has a workforce of 40 employees as of Apr 07, 2024.
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.
News related to Growcoms Private Limited
Recent Activity on Growcoms Private Limited
Growcoms Private Limited has 7 board changes on record since 2022: 5 appointments and 2 cessations. The latest: Raghunandan Rajiv was appointed as Nominee Director on 01 Dec 2023.
Credit Ratings, Litigation & Regulatory Alerts for Growcoms 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 Growcoms 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 Growcoms 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 Growcoms Private Limited
Growcoms has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAICG7286R1ZS | Kerala | Active | 17 Feb 2021 |
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 Growcoms 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 Growcoms Private Limited
Growcoms is an active private limited company based in Kochi, Kerala, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 15 December 2020 (6+ years old) and is registered under CIN U15400KL2020PTC066370.
Growcoms reported revenue of ₹37.62 Cr for FY 2024 (up 173% YoY).
Growcoms has 5 current directors:
- Kurien George Kannanthanam - Managing Director
- Raghunandan Rajiv - Nominee Director
- Sachin Tagra - Nominee Director
- Prem Nath Narendra Nath - Director
- Bibin Mathews - Director
Growcoms reported a net loss of ₹4.2 Cr (net margin -11.2%) and EBITDA of -₹4.12 Cr (EBITDA margin -10.9%) for FY 2024, as per its filed financial statements.
The GSTIN of Growcoms is 32AAICG7286R1ZS, registered in Kerala.
The CIN (Corporate Identification Number) of Growcoms is U15400KL2020PTC066370. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growcoms was incorporated on 15 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ernakulam.
Growcoms has 5 deals on record (3 funding rounds, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹36.14 Cr; the latest was in November 2023.
The peers of Growcoms by revenue are Vanasri Agro Services Private Limited, Yadadri Manufacturers & Traders Private Limited, Srijon Pacific Private Limited, Debco Pharma Private Limited, Purplemagic International Enterprise Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Raghunandan Rajiv was appointed as Nominee Director on 01 Dec 2023. Sachin Tagra was appointed as Nominee Director on 01 Dec 2023. Lekshmi Sen ceased to be Managing Director on 01 Mar 2022. Growcoms has 7 board changes on record in total.
Yes, Growcoms is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).