Growheels Technologies Private Limited
About Growheels Technologies Private Limited
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Growheels Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the social science research segment of the research and development sector. It was incorporated on 18 November 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73200MH2023PTC413973.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Derick Cyril Thomas and Kiran Sumit Prajapati.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.24 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹6.27 Lakh (net margin 1.5%) and EBITDA of ₹10.09 Lakh (EBITDA margin 2.4%).
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growheels.
Company details
Contact details
Growheels Technologies Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressHd186Weworkspectrumtower, 4 Lrmindspacechicholibrd, Mumbai, Maharashtra, India – 400064
- IndustryResearch & Development, Social Science Research
- 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
Growheels Technologies operates one associated brand: Growheels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform for vehicle loans, sales, and financing of two-wheelers, four-wheelers, trucks, and tractors. | growheels.com |
Business activity
The main business activity of Growheels Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Growheels Technologies Private Limited, buy the company report.
Financials of Growheels Technologies Private Limited
FY 2025 filings availableGrowheels Technologies Private Limited reported revenue of ₹4.24 Cr (up 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 82% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
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| EBITDA | ₹10.09 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹6.27 Lakh | |
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.4% | |
| Net Profit Margin | 1.5% | |
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To see the full financial statements and ratios of Growheels Technologies Private Limited, buy the company report.
Board of directors of Growheels Technologies Private Limited
Growheels Technologies has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Derick Cyril Thomas Also directs: Exciton Technologies LLP | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
| Kiran Sumit Prajapati | Director | 18 Nov 2023 | 2 Years 11 Months | Current |
Legal cases
No court or tribunal cases involving Growheels Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Growheels Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Growheels Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Growheels Technologies Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Derick Cyril Thomas was appointed as Director on 18 Nov 2023.
Frequently asked questions
Growheels Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in social science research, within the research and development industry. It was incorporated on 18 November 2023 (3+ years old) and is registered under CIN U73200MH2023PTC413973.
Growheels Technologies has 2 current directors:
- Derick Cyril Thomas - Director
- Kiran Sumit Prajapati - Director
The latest financial statements of Growheels Technologies 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Growheels Technologies is U73200MH2023PTC413973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growheels Technologies was incorporated on 18 November 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Derick Cyril Thomas was appointed as Director on 18 Nov 2023. Kiran Sumit Prajapati was appointed as Director on 18 Nov 2023.
The registered office of Growheels Technologies is at Hd186Weworkspectrumtower, 4 Lrmindspacechicholibrd, Mumbai, Maharashtra, India – 400064.
Growheels Technologies operates in the research and development industry, in the social science research segment.
Growheels Technologies has 1 associated brand: Growheels.
Growheels Technologies can be reached at its registered office: Hd186Weworkspectrumtower, 4 Lrmindspacechicholibrd, Mumbai, Maharashtra, India – 400064.
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