About Growfitter Private Limited
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Growfitter Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online healthcare services segment of the internet and digital services sector. It was incorporated on 19 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2016PTC281315. Its GSTIN is 27AAGCG4305D2ZZ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.1 Lakh. It is led by directors Sanmati Anilkumar Pande and Harshit Sethy.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹19.4 Lakh, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.99 Cr and EBITDA of -₹1.94 Cr. Revenue has declined at a compounded annual rate (CAGR) of 57% over three years.
The company is associated with 1 brand: Growfitter. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹17.44 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growfitter.com.
Company details
Contact details
Growfitter Private Limited's registered office is in Mumbai, Maharashtra. Its website is growfitter.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB/104 1st Floor Shree Sainath Society Chs Anand Nagar Vakola Police Lane Santacru, Z East, Mumbai, Maharashtra, India – 400055
- IndustryInternet, Online Healthcare Services
To see the full contact details of Growfitter 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
Growfitter operates one associated brand: Growfitter. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An incentivized wellness platform is offered to promote healthy lifestyles. | growfitter.com |
Business activity
The main business activity of Growfitter is personal and household service. In detail, this covers activities of membership organisations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S1 | Activities of membership organisations |
To see the full business activity and turnover split of Growfitter Private Limited, buy the company report.
Financials of Growfitter Private Limited
FY 2022 filings availableGrowfitter Private Limited reported revenue of ₹19.4 Lakh (down 93% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over three years, including a 93% fall in the latest year. EBITDA fell 8% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹19.4 Lakh | ||||
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| EBITDA | -₹1.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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To see the full financial statements and ratios of Growfitter Private Limited, buy the company report.
Board of directors of Growfitter Private Limited
Growfitter has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanmati Anilkumar Pande | Director | 19 May 2016 | 10 Years 5 Months | Current |
| Harshit Sethy | Director | 19 May 2016 | 10 Years 5 Months | Current |
Auditor
Growfitter Private Limited is audited by Jain & Chopra for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain & Chopra | FY 2021 | 126166W |
Shareholding
The shareholding of Growfitter Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growfitter Private Limited, buy the company report.
Deals & funding
Growfitter Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹17.44 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹5.61 Cr | Investors: Unitive Ventures LLP, Z Nation Lab, Burman Family Holdings |
| Nov 2021 | Funding round | ₹2.86 Cr | Investors: Inflection Point Ventures, 3 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Talwalkars Better Value Fitness Limited , 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2017 | Funding round | ₹5 Cr | Investors: Talwalkars Better Value Fitness Limited |
To see the full deal history of Growfitter Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Growfitter Private Limited has 7 court cases on record: 5 filed by Growfitter, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 1 |
| NCLAT | 3 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary cases) | Filed against the company by an individual | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Growfitter 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 Growfitter Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growfitter has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG4305D2ZZ | Maharashtra | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Growfitter Private Limited, buy the company report.
Recent activity
Growfitter Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Harshit Sethy was appointed as Director on 19 May 2016.
News
Frequently asked questions
Growfitter is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare services, within the internet industry. It was incorporated on 19 May 2016 (10+ years old) and is registered under CIN U93000MH2016PTC281315.
Growfitter has 2 current directors:
- Sanmati Anilkumar Pande - Director
- Harshit Sethy - Director
The latest financial statements of Growfitter 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 FY 2017 are in the company report.
The GSTIN of Growfitter is 27AAGCG4305D2ZZ, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Growfitter is U93000MH2016PTC281315. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growfitter has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Growfitter was incorporated on 19 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Growfitter has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹17.44 Cr; the latest was in March 2022.
Harshit Sethy was appointed as Director on 19 May 2016. Sanmati Anilkumar Pande was appointed as Director on 19 May 2016.
Growfitter can be reached through the website growfitter.com. Its registered office is in Mumbai, Maharashtra, India.