Growex Logistics Limited
About Growex Logistics Limited
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Growex Logistics Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 18 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH2022PLC380736. Its GSTIN is 27AAJCG7107Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Neetu Prajapat and Anita Prajapat.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.41 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Lakh (net margin 0.5%) and EBITDA of ₹9.81 Lakh (EBITDA margin 2.2%).
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- Registered AddressOff – 110 Neo Corporate Plaza Cabin – A Ramchandra Lane Extention, Malad(West) Opp Kapole Wadi, Mumbai, Maharashtra, India – 400064
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
- 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 Growex Logistics Limited
The main business activity of Growex Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation | 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 Growex Logistics Limited FY 2024 filings available
Growex Logistics Limited reported revenue of ₹4.41 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Growex Logistics Limited
Revenue rose 47% in the latest year. EBITDA rose 50% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Growex Logistics Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹9.81 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹2.31 Lakh | •••• |
| 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 Growex Logistics Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.2% | •••• |
| Net Profit Margin | 0.5% | •••• |
| 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 Growex Logistics are in the company report.
Financial statements from FY 2023
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 Growex Logistics Limited
Growex Logistics Limited is compared with the companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pasaro Transsolution Private Limited | ₹4.43 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Bhubaneswar, Odisha, India |
| Green Chariot Private Limited | ₹4.42 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Pune, Maharashtra, India |
| Seasure Shipping and Logistics Private Limited | ₹4.42 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Indore, Madhya Pradesh, India |
| BWL Express Cargo Limited | ₹4.42 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Delsure Logistics Private Limited | ₹4.41 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Ahmedabad, Gujarat, India |
| Growex Logistics Limited this company | ₹4.41 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Prateek Logistics India Private Limited | ₹4.41 Cr (FY 2023) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Somdutt Logistic Private Limited | ₹4.41 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Bawal, Haryana, India |
| Ur Trucks Private Limited | ₹4.4 Cr (FY 2025) | •••• | •••• | 368.0% | •••• | Bangalore, Karnataka, India |
| Bombay Jamnagar Roadlines Private Limited | ₹4.4 Cr (FY 2024) | •••• | •••• | 46.0% | •••• | Thane, Maharashtra, India |
| Mithras Translogic Private Limited | ₹4.4 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Growex Logistics by revenue in the Transport and Logistics industry (Diversified Logistics), 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 Growex Logistics Limited
Growex Logistics Limited is audited by G. MANDOWARA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G. MANDOWARA & CO. | 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 Growex Logistics Limited
Growex Logistics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neetu Prajapat Also directs: Harvly Agro Products Private Limited, Galaxian Healthcare Limited, Nexso Packaging Limited and 5 more | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Anita Prajapat Also directs: Harvly Agro Products Private Limited, Galaxian Healthcare Limited, Nexso Packaging Limited and 5 more | Director | 06 Jan 2025 | 1 Years 9 Months | Current |
| Tanuja Sahu Also directs: Riderkings E-Bikes Limited, Growbig Fintech Limited, Growezy Infotech Limited and 3 more | Additional Director | 28 Aug 2025 | 1 Years 1 Months | Current |
Ownership and Shareholding of Growex Logistics 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 Growex Logistics Limited
Growex Logistics Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Growex Logistics Limited
Growex Logistics Limited has a workforce of 0 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.
Recent Activity on Growex Logistics Limited
Growex Logistics Limited has 8 board changes on record since 2023: 4 appointments and 4 cessations. The latest: Tanuja Sahu was appointed as Additional Director on 28 Aug 2025.
Credit Ratings, Litigation & Regulatory Alerts for Growex Logistics 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 Growex Logistics 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 Growex Logistics 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 Growex Logistics Limited
Growex Logistics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCG7107Q1Z0 | Maharashtra | Active | 27 Jun 2022 |
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 Growex Logistics 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 Growex Logistics Limited
Growex Logistics is an active public limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 18 April 2022 (4+ years old) and is registered under CIN U63040MH2022PLC380736.
Growex Logistics reported revenue of ₹4.41 Cr for FY 2024 (up 47% YoY).
Growex Logistics has 3 current directors:
- Neetu Prajapat - Director
- Anita Prajapat - Director
- Tanuja Sahu - Additional Director
Growex Logistics reported a net profit of ₹2.31 Lakh (net margin 0.5%) and EBITDA of ₹9.81 Lakh (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The GSTIN of Growex Logistics is 27AAJCG7107Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Growex Logistics is U63040MH2022PLC380736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growex Logistics was incorporated on 18 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Growex Logistics by revenue are Pasaro Transsolution Private Limited, Green Chariot Private Limited, Seasure Shipping and Logistics Private Limited, BWL Express Cargo Limited, Delsure Logistics Private Limited and 5 more, all in the Transport and Logistics industry (Diversified Logistics).
Tanuja Sahu was appointed as Additional Director on 28 Aug 2025. Jayanti Lal Mali ceased to be Director on 07 Jan 2025. Shailesh Milind Kadam ceased to be Director on 07 Jan 2025. Growex Logistics has 8 board changes on record in total.
The registered office of Growex Logistics is at Off – 110 Neo Corporate Plaza Cabin – A Ramchandra Lane Extention, MaladWest Opp Kapole Wadi, Mumbai, Maharashtra, India – 400064.
Growex Logistics has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh.