
About Growfinn Wealth Private Limited
Data last updated:
Growfinn Wealth Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 31 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U67120PN2008PTC131359. Its GSTIN is 27AAGCA7899C1ZB (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Growfinn Wealth Management Private Limited and Abhipray Securities Private Limited. It is led by directors including Abhijit Haribhau Bongirwar and Abhishek Prakash Subhedar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kasat House City Surve No.63 And Fp No.42/14 Erandawana, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.17 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹23.79 Lakh (net margin 2.3%) and EBITDA of ₹32.68 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 38% over five years.
The company is associated with 1 brand: Growfinn. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growfinn.com.
Company details
Name history
Growfinn Wealth has undergone 2 name changes throughout its history. The company was previously known as Growfinn Wealth Management Private Limited, and Abhipray Securities Private Limited. The current legal name is Growfinn Wealth Private Limited.
| Company Name | Status |
|---|---|
| Growfinn Wealth Private Limited | Current |
| Growfinn Wealth Management Private Limited | Previous |
| Abhipray Securities Private Limited | Previous |
Contact details
Growfinn Wealth Private Limited's registered office is in Pune, Maharashtra. Its website is growfinn.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressKasat House City Surve No.63 And Fp No.42/14 Erandawana, Pune, Maharashtra, India – 411004
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Growfinn Wealth 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
Growfinn Wealth operates one associated brand: Growfinn. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Personalized financial advisory for wealth creation and management services. | growfinn.com |
Business activity
The main business activity of Growfinn Wealth is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Growfinn Wealth Private Limited, buy the company report.
Financials of Growfinn Wealth Private Limited
FY 2025 filings availableGrowfinn Wealth Private Limited reported revenue of ₹10.17 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 45% growth in the latest year. EBITDA fell 92% 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 2024-25 | 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 | ₹32.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.79 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 2.3% | ||||
| 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 Growfinn Wealth Private Limited, buy the company report.
Board of directors of Growfinn Wealth Private Limited
Growfinn Wealth has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Haribhau Bongirwar | Director | 31 Jan 2008 | 18 Years 9 Months | Current |
| Abhishek Prakash Subhedar Also directs: Be Wealthset Financial Services LLP | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Ketan Aniruddha Joshi Also directs: Growfinn Investment Services LLP | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
Peer comparison
Growfinn Wealth Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Growfinn Wealth Private Limitedthis company | ₹10.17 Cr (FY 2025) | ₹23.79 Lakh | 2.3% | 45.0% | Pune, Maharashtra, India | |
| STFL Trading and Finance Private Limited | ₹10.12 Cr (FY 2025) | -85.0% | Noida, Uttar Pradesh, India | |||
| GSL Stocks & Shares Private Limited | ₹10.11 Cr (FY 2025) | 11446518.0% | Chennai, Tamil Nadu, India | |||
| Plamu Commercials Private Limited | ₹10.05 Cr (FY 2025) | -64.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Growfinn Wealth Private Limited, buy the company report.
Auditor
Growfinn Wealth Private Limited is audited by S P C M & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P C M & ASSOCIATES | FY 2024 | 112165W |
Shareholding
The shareholding of Growfinn Wealth Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growfinn Wealth Private Limited, buy the company report.
Legal cases
Growfinn Wealth Private Limited has 2 court cases on record: 1 filed by Growfinn Wealth, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Abhipra Capital Ltd | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed against the company by Abhipra Capital Limited | Disposed |
To see the full case history of Growfinn Wealth 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
No delayed payments to MSME suppliers are on our record for Growfinn Wealth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growfinn Wealth has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA7899C1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Growfinn Wealth Private Limited, buy the company report.
Recent activity
Growfinn Wealth Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Abhishek Prakash Subhedar ceased to be Additional Director on 27 Sep 2018.
Frequently asked questions
Growfinn Wealth is an active private limited company based in Pune, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 31 January 2008 (18+ years old) and is registered under CIN U67120PN2008PTC131359.
Growfinn Wealth has 3 current directors:
- Abhijit Haribhau Bongirwar - Director
- Abhishek Prakash Subhedar - Director
- Ketan Aniruddha Joshi - Director
The latest financial statements of Growfinn Wealth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Growfinn Wealth is 27AAGCA7899C1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Growfinn Wealth is U67120PN2008PTC131359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growfinn Wealth has 2 court cases on record: 1 filed by the company and 1 filed against it.
Growfinn Wealth was incorporated on 31 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Growfinn Wealth by revenue are STFL Trading and Finance Private Limited, GSL Stocks & Shares Private Limited, Plamu Commercials Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Abhishek Prakash Subhedar ceased to be Additional Director on 27 Sep 2018. Ketan Aniruddha Joshi ceased to be Additional Director on 27 Sep 2018. Pratibha Dhondu Jadhav ceased to be Additional Director on 14 Aug 2018. Growfinn Wealth has 7 board changes on record in total.
Growfinn Wealth can be reached through the website growfinn.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Growfinn Wealth is at Kasat House City Surve No.63 And Fp No.4214 Erandawana, Pune, Maharashtra, India – 411004.

