Growingone Trade Private Limited
About Growingone Trade Private Limited
Data last updated:
Growingone Trade Private Limited is a foreign private limited company based in Bangalore, Karnataka, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 20 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016FTC093440. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tomonari Sugiyama and Nanjundappa Krishnappa.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.82 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹36.5 Lakh (net margin -20.1%) and EBITDA of -₹35.26 Lakh (EBITDA margin -19.4%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Growingone Trade Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.1 & 2 – 60/1 2nd Main Road Raghavendra Swamy Layout K.B Sandra R.T., Nagar Post, Bangalore, Karnataka, India – 560032
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Growingone Trade 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
Business activity
The main business activity of Growingone Trade is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Growingone Trade Private Limited, buy the company report.
Financials of Growingone Trade Private Limited
FY 2018 filings availableGrowingone Trade Private Limited reported revenue of ₹1.82 Cr (up 168% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 168% in the latest year. EBITDA fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 |
|---|---|---|
| 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 | -₹35.26 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹36.5 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 2017-18 | FY 2016-17 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -19.4% | |
| Net Profit Margin | -20.1% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
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| 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 Growingone Trade Private Limited, buy the company report.
Board of directors of Growingone Trade Private Limited
Growingone Trade 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 |
|---|---|---|---|---|
| Tomonari Sugiyama | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
| Nanjundappa Krishnappa Also directs: Geocom Consulting Private Limited, Pebble Branding Private Limited | Director | 20 May 2016 | 10 Years 5 Months | Current |
Auditor
Growingone Trade Private Limited is audited by BHASKAR H K & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHASKAR H K & CO | FY 2017 | 015954S |
Shareholding
The shareholding of Growingone Trade Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Growingone Trade Private Limited, buy the company report.
Legal cases
Growingone Trade Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed against the company by an individual | Disposed |
To see the full case history of Growingone Trade 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 Growingone Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growingone Trade has 4 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 Growingone Trade Private Limited, buy the company report.
Recent activity
Growingone Trade Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Tomonari Sugiyama ceased to be Additional Director on 30 Dec 2017.
Frequently asked questions
Growingone Trade is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 20 May 2016 (10+ years old) and is registered under CIN U74999KA2016FTC093440.
Growingone Trade has 2 current directors:
- Tomonari Sugiyama - Director
- Nanjundappa Krishnappa - Director
The latest financial statements of Growingone Trade on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2017 are in the company report.
No. Growingone Trade has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Growingone Trade is U74999KA2016FTC093440. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growingone Trade has 1 court case on record: 1 filed against it.
Growingone Trade was incorporated on 20 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Tomonari Sugiyama ceased to be Additional Director on 30 Dec 2017. Kazuki Miwa ceased to be Director on 17 Jun 2017. Tomonari Sugiyama was appointed as Director on 15 Jun 2017. Growingone Trade has 4 board changes on record in total.
The registered office of Growingone Trade is at No.1 & 2 – 601 2nd Main Road Raghavendra Swamy Layout K.B Sandra R.T., Nagar Post, Bangalore, Karnataka, India – 560032.
Growingone Trade operates in the consumer goods industry, in the accessories retail and distribution segment.