About Growel Sidasa Industries Private Limited
Data last updated:
Growel Sidasa Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 07 April 2005.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2005PTC152475. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.59 Cr. It is led by directors Rohit Rameshkumar More and Nirajkumar More.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Growel House Akurli Roadkandivali E, Mumbai, Maharashtra, India – 400101.
As per the financials filed for FY 2022, the company reported a revenue of ₹30,361, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹78,002 (net margin -256.9%) and EBITDA of -₹78,002 (EBITDA margin -256.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 4% over five years.
The company is associated with 1 brand: Grauer & Weil India. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The last known website on record is growel.com.
Company details
Contact details
Growel Sidasa Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is growel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGrowel House Akurli Roadkandivali E, Mumbai, Maharashtra, India – 400101
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Growel Sidasa Industries Private 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
Brands
Growel Sidasa Industries operates one associated brand: Grauer & Weil India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electroplating chemicals, paints, and equipment are manufactured by the company. | growel.com |
Financials of Growel Sidasa Industries Private Limited
FY 2022 filings availableGrowel Sidasa Industries Private Limited reported revenue of ₹30,361 (up 383% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 383% growth in the latest year. EBITDA rose 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30,361 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹78,002 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹78,002 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -256.9% | ||||
| Net Profit Margin | -256.9% | ||||
| 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 Sidasa Industries Private Limited, buy the company report.
Board of directors of Growel Sidasa Industries Private Limited
Growel Sidasa Industries has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Rameshkumar More Also directs: Grauer and Weil (India) Limited, Shree M P J Cement Works LLP, Digikore Digital LLP and 5 more | Director | 01 Jan 2018 | 8 Years 10 Months | Current |
| Nirajkumar More Also directs: Grauer and Weil (India) Limited, Ridhi Sidhi Limited | Director | 07 Apr 2005 | 21 Years 6 Months | Current |
Peer comparison
Growel Sidasa Industries Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Industrial Chemicals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HKSK Chemicals Private Limited | ₹32,563 (FY 2024) | Aurangabad, Maharashtra, India | ||||
| Bajaj Chemicals Pvt Ltd | ₹32,356 (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Medamos Life Sciences Private Limited | ₹31,945 (FY 2024) | Bangalore, Karnataka, India | ||||
| United Nanotech Innovations Private Limited | ₹30,587 (FY 2024) | Hoskote, Karnataka, India | ||||
| Kuber Recycle Projects Private Limited | ₹30,501 (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Growel Sidasa Industries Private Limitedthis company | ₹30,361 (FY 2022) | -₹78,002 | -256.9% | 383.0% | Mumbai, Maharashtra, India | |
| Protin Bone Meal Industries Private Limited | ₹30,000 (FY 2019) | Ambernath, Maharashtra, India | ||||
| Imperial Procurement Services Limited | ₹30,000 (FY 2025) | -99.0% | Chennai, Tamil Nadu, India | |||
| Ambuja Laboratories Limited | ₹30,000 (FY 2024) | 7733.0% | Hyderabad, Telangana, India | |||
| Sajdev Sushraj Investments Private Limited | ₹29,938 (FY 2020) | 66.0% | Bangalore, Karnataka, India | |||
| Chest Chem Private Limited | ₹29,881 (FY 2025) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Growel Sidasa Industries Private Limited, buy the company report.
Auditor
Growel Sidasa Industries Private Limited is audited by M. M. Nissim & Co. Llp for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. M. Nissim & Co. Llp | FY 2022 | 107122W/W100672 |
Shareholding
The shareholding of Growel Sidasa Industries Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growel Sidasa Industries Private Limited, buy the company report.
Legal cases
Growel Sidasa Industries Private Limited has 4 court cases on record: 2 filed by Growel Sidasa Industries, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Hanjer Biotech Vadodara Pvt. Ltd. and Ors and 5 others | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by an individual | Disposed |
To see the full case history of Growel Sidasa Industries Private 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
Growel Sidasa Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M M Nissim & Co LLP |
To see the full MSME payment records of Growel Sidasa Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Growel Sidasa Industries has 3 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 Sidasa Industries Private Limited, buy the company report.
Recent activity
Growel Sidasa Industries Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Rohit Rameshkumar More ceased to be Additional Director on 29 Sep 2018.
News
Frequently asked questions
Growel Sidasa Industries is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Growel Sidasa Industries is a company pending strike off, currently registered as a private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 07 April 2005 and is registered under CIN U24100MH2005PTC152475. The company may be struck off soon - caution is advised.
The compliance status of Growel Sidasa Industries is compliant as of 01 August 2026.
Growel Sidasa Industries has 2 current directors:
- Rohit Rameshkumar More - Director
- Nirajkumar More - Director
The CIN (Corporate Identification Number) of Growel Sidasa Industries is U24100MH2005PTC152475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growel Sidasa Industries was incorporated on 07 April 2005. It is registered with the Registrar of Companies, Mumbai.
Growel Sidasa Industries can be reached through the website growel.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Growel Sidasa Industries is at Growel House Akurli Roadkandivali E, Mumbai, Maharashtra, India – 400101.
The latest financial statements of Growel Sidasa Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Growel Sidasa Industries has 3 GST registrations on record and all of them are cancelled or inactive.
Growel Sidasa Industries operates in the chemicals and materials industry, in the industrial chemicals segment.
The peers of Growel Sidasa Industries by revenue are HKSK Chemicals Private Limited, Bajaj Chemicals Pvt Ltd, Medamos Life Sciences Private Limited, United Nanotech Innovations Private Limited, Kuber Recycle Projects Private Limited and 5 more, all in the Chemicals industry (Industrial Chemicals).
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