- Category
- Small (2020-21)
- Udyam number
- UDYAM-UP-28-0009968

About Growel Impex Pvt. Ltd.
Data last updated:
Growel Impex Pvt. Ltd. is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52322DL1999PTC100566. Its GSTIN is 09AABCG2592D1ZQ (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.8 Lakh. It is led by directors including Sanjay Gulati and Meghna Gulati.
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 E – 16 Greater Kailash II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.74 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 7.1%) and EBITDA of ₹3.17 Cr (EBITDA margin 12.8%). Revenue has grown at a compounded annual rate (CAGR) of 128% over three years and 23% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growel Impex. As per MCA filings, the company has open charges of ₹41.67 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 5 cases are pending.
Growel Impex Pvt. Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0009968). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growelimpex.com.
Company details
Recognitions & Rankings of Growel Impex
Contact details
Growel Impex Pvt. Ltd.'s registered office is in New Delhi, Delhi. Its website is growelimpex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 16 Greater Kailash II, New Delhi, Delhi, India – 110048
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Growel Impex Pvt. Ltd., buy the company report.
- 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
Brands
Growel Impex operates one associated brand: Growel Impex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Garment processing, apparel manufacturing, and fabric dealing by Growel Impex in India. | growelimpex.com |
Business activity
The main business activity of Growel Impex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Growel Impex Pvt. Ltd., buy the company report.
Financials of Growel Impex Pvt. Ltd.
FY 2024 filings availableGrowel Impex Pvt. Ltd. reported revenue of ₹24.74 Cr (up 10% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 10% growth in the latest year. EBITDA fell 15% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.76 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.8% | ||||
| Net Profit Margin | 7.1% | ||||
| 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 Growel Impex Pvt. Ltd., buy the company report.
Board of directors of Growel Impex Pvt. Ltd.
Growel Impex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanat Gulati Also directs: Swachh Towel Private Limited, Inception Effect Private Limited, Ashiana Apparels Private Limited and 2 more | Additional Director | 04 Jun 2019 | 7 Years 4 Months | Current |
| Sanjay Gulati Also directs: Zhed Fashiontech LLP, Swachh Towel Private Limited, Inception Effect Private Limited and 4 more | Director | 07 Jul 1999 | 27 Years 3 Months | Current |
| Meghna Gulati Also directs: Fuente Unica Private Limited | Director | 07 Jul 1999 | 27 Years 3 Months | Current |
Peer comparison
Growel Impex Pvt. Ltd. is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bunaai Whiteofficial Private Limited | ₹24.79 Cr (FY 2024) | 15.0% | Jaipur, Rajasthan, India | |||
| Shree Ganesh Acro Yarns Private Limited | ₹24.78 Cr (FY 2025) | -10.0% | Punjab, India | |||
| Prakash Polyester Private Limited | ₹24.74 Cr (FY 2024) | -1.0% | Mumbai, Maharashtra, India | |||
| Sada Shivam Weavetex Private Limited | ₹24.74 Cr (FY 2025) | 37.0% | Jaipur, Rajasthan, India | |||
| Growel Impex Pvt. Ltd.this company | ₹24.74 Cr (FY 2023) | ₹1.76 Cr | 7.1% | 10.0% | 37 | New Delhi, Delhi, India |
| Kousthuba Spinners Private Limited | ₹24.72 Cr (FY 2025) | -4.0% | Rajapalayam, Tamil Nadu, India | |||
| Dineshraja Spintex India Private Limited | ₹24.7 Cr (FY 2025) | 17.0% | Namakkal, Tamil Nadu, India | |||
| Nd Apparels Private Limited | ₹24.69 Cr (FY 2025) | 18.0% | Ulhasnagar, Maharashtra, India | |||
| Shivani Cotton Private Limited | ₹24.64 Cr (FY 2025) | -72.0% | Mehsana, Gujarat, India |
To see the full peer comparison of Growel Impex Pvt. Ltd., buy the company report.
Auditor
Growel Impex Pvt. Ltd. is audited by RAJIV MEHTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV MEHTA & ASSOCIATES | FY 2023 | 017137N |
Shareholding
The shareholding of Growel Impex Pvt. Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growel Impex Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101196222 | Others | ₹8.5 Cr | Open | |
| 20 May 2025 | 101100969 | Hdfc Bank Limited | ₹3.15 Cr | Open | |
| 12 Jul 2023 | 100744032 | Others | ₹12.09 Cr | Open | |
| 26 Mar 2015 | 10558089 | Others | ₹17.39 Cr | Open | |
| 12 Dec 2013 | 10472236 | Bank of India | ₹3.5 Lakh | Open |
To see the full charge records of Growel Impex Pvt. Ltd., buy the company report.
Total charge records: 6 View all charges
Legal cases
Growel Impex Pvt. Ltd. has 11 court cases on record: 3 filed by Growel Impex, 8 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 8 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Civil suit | Filed against the company by M/S Grover Knitters Private Limited | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by Haryana Texprints (Overseas) Limited | Pending |
| District court, North West, Delhi | Civil suit | Filed against the company by Aura Fabrics Pvt. Ltd | Pending |
| District court, North, Delhi | Criminal case | Filed against the company by M/S Aura Fabrics Pvt. Ltd. | Pending |
| District court, Amritsar, Punjab | Appeal | Filed by the company against M/S Grover Knitters Private Limited | Disposed |
To see the full case history of Growel Impex Pvt. Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Growel Impex Pvt. Ltd. has 3 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Tushar Engineering Co | |||
| an individual supplier |
To see the full MSME payment records of Growel Impex Pvt. Ltd., buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Growel Impex Pvt. Ltd. has a workforce of 37 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Growel Impex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCG2592D1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
| 06AABCG2592D1ZW | Haryana | Active | 24 Mar 2020 |
To see the full GST registrations and return filing status of Growel Impex Pvt. Ltd., buy the company report.
Recent activity
Growel Impex Pvt. Ltd. has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Kamal Gulati ceased to be Director on 11 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Growel Impex is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 July 1999 (27+ years old) and is registered under CIN U52322DL1999PTC100566.
Growel Impex has 3 current directors:
- Sanat Gulati - Additional Director
- Sanjay Gulati - Director
- Meghna Gulati - Director
The latest financial statements of Growel Impex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Growel Impex is 09AABCG2592D1ZQ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AABCG2592D1ZW (Haryana).
The CIN (Corporate Identification Number) of Growel Impex is U52322DL1999PTC100566. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growel Impex has 11 court cases on record: 3 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.
Growel Impex was incorporated on 07 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Growel Impex by revenue are Bunaai Whiteofficial Private Limited, Shree Ganesh Acro Yarns Private Limited, Prakash Polyester Private Limited, Sada Shivam Weavetex Private Limited, Kousthuba Spinners Private Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kamal Gulati ceased to be Director on 11 Sep 2024. Sanat Gulati was appointed as Additional Director on 04 Jun 2019. Meghna Gulati was appointed as Director on 07 Jul 1999. Growel Impex has 4 board changes on record in total.
Yes, Growel Impex is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0009968).
Growel Impex has 3 MSME Form 1 returns on record between 2019 and 2023, listing 211 overdue payments to 23 micro and small suppliers. The latest return was filed on 04 Sep 2023.
Growel Impex can be reached through the website growelimpex.com. Its registered office is in New Delhi, Delhi, India.