About Growel Projects Limited
Data last updated:
Growel Projects Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 26 November 1981.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1981PLC147552. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Growel Houseakurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.08 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹16,201 (net margin 0.2%) and EBITDA of ₹2.42 Lakh (EBITDA margin 2.2%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The last known website on record is growel.com.
Company details
CIN history
Growel Projects has one previous CIN (Corporate Identification Number): U45200MH2004PTC147552. The current CIN is U45200MH1981PLC147552, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1981PLC147552 | Current |
| U45200MH2004PTC147552 | Previous |
Contact details
Growel Projects Limited's registered office is in Mumbai, Maharashtra. Its website is growel.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressGrowel Houseakurli Road Kandivali (East), Mumbai, Maharashtra, India – 400101
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Growel Projects Limited, 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
Business activity
The main business activities of Growel Projects are support service to organizations and trade. In detail, this covers housekeeping & maintenance service and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Growel Projects Limited, buy the company report.
Financials of Growel Projects Limited
FY 2016 filings availableGrowel Projects Limited reported revenue of ₹1.08 Cr (up 86% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 86% in the latest year. EBITDA fell 86% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.08 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.42 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹16,201 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.2% | |
| Net Profit Margin | 0.2% | |
| 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 | ||
To see the full financial statements and ratios of Growel Projects Limited, buy the company report.
Board of directors of Growel Projects Limited
Growel Projects has 4 former directors on record and no current directors listed.
Auditor
Growel Projects Limited is audited by M M NISSIM & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M NISSIM & CO | FY 2016 | 107122W |
Shareholding
The shareholding of Growel Projects Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Growel Projects Limited, buy the company report.
Legal cases
Growel Projects Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Chief Commissioner of Income Tax (Osd) | Pending |
To see the full case history of Growel Projects Limited, 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
No delayed payments to MSME suppliers are on our record for Growel Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Growel Projects Limited has 1 active EPFO establishment as of Mar 29, 2024.
GST
Growel Projects has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Growel Projects Limited, buy the company report.
Recent activity
Growel Projects Limited has 4 board changes on record since 2014: 0 appointments and 4 cessations. The latest: Dipen Narendra Parikh ceased to be Director on 29 Nov 2016.
News
Frequently asked questions
Growel Projects has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Growel Projects was a public limited company based in Mumbai, Maharashtra, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 26 November 1981 and is registered under CIN U45200MH1981PLC147552. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Growel Projects is U45200MH1981PLC147552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growel Projects was incorporated on 26 November 1981. It is registered with the Registrar of Companies, Mumbai.
Growel Projects can be reached through the website growel.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Growel Projects is at Growel Houseakurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Growel Projects on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Growel Projects has 2 GST registrations on record and all of them are cancelled or inactive.
Growel Projects operated in the infrastructure and utilities industry, in the general construction services segment.
Growel Projects has 1 court case on record: 1 filed against it. 1 is pending.
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