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Growit India Private Limited - agriculture in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹47.46 Cr
▲ 35% YoY
Net loss · FY 2025
₹4.89 Cr
Net margin -10.3%
EBITDA · FY 2025
-₹5.21 Cr
EBITDA margin -11%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹13.54 Cr
Issued & subscribed
Open charges
₹8.95 Cr
Satisfied ₹2 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
55
Provident fund records
About Growit India Private Limited
Data last updated:
Growit India Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Alpha Plastomers Private Limited and recognised as a startup by DPIIT. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 08 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25199GJ2020PTC113833. Its GSTIN is 24AAICG3267A1ZZ (Gujarat). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.54 Cr. It is led by directors including Saurabh Kamalkishore Agarwal and Akshay Kamalkishore Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office – 606A Union Heights Opp. Lalbhai Stadium Vesu, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.46 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Cr (net margin -10.3%) and EBITDA of -₹5.21 Cr (EBITDA margin -11%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 55 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Growit. As per MCA filings, the company has open charges of ₹8.95 Cr and satisfied charges of ₹2 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 6 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹36.06 Cr; the latest was in May 2025.
Growit India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0002009). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thegrowit.com.
Company details
CIN U25199GJ2020PTC113833
Registration Number 113833
Incorporation Date 08 June 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Alpha Plastomers Private Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0002009
Key People
Saurabh Kamalkishore Agarwal Director Akshay Kamalkishore Agarwal Director Mihirkumar Arvind Joshi Nominee Director Recognitions & Rankings of Growit India
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0002009
Contact details
Growit India Private Limited's registered office is in Surat, Gujarat. Its website is thegrowit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice – 606A Union Heights Opp. Lalbhai Stadium Vesu, Surat, Gujarat, India – 395007
- IndustryAgriculture, Agri Support Services
To see the full contact details of Growit India Private Limited, buy the company report.
Comprehensive company report
Growit India Private Limited - one report that includes everything
- 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
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Brands
Growit India operates one associated brand: Growit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agricultural growth assistance services are provided to crop cultivators. | thegrowit.com |
Business activity
The main business activity of Growit India is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Growit India Private Limited, buy the company report.
Financials of Growit India Private Limited
FY 2025 filings availableGrowit India Private Limited reported revenue of ₹47.46 Cr (up 35% YoY) for FY 2025.
Revenue · FY 2025
₹47.46 Cr ▲ 35%
Net loss · FY 2025
₹4.89 Cr margin -10.3%
EBITDA · FY 2025
-₹5.21 Cr margin -11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 63%
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 35% growth in the latest year. EBITDA fell 39% 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 |
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹5.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.89 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11% | ||||
| Net Profit Margin | -10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Growit India Private Limited, buy the company report.
Board of directors of Growit India Private Limited
Growit India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Kamalkishore Agarwal | Director | 08 Jun 2020 | 6 Years 4 Months | Current |
| Akshay Kamalkishore Agarwal | Director | 08 Jun 2020 | 6 Years 4 Months | Current |
| Mihirkumar Arvind Joshi Also directs: Alfa Corpuscles Private Limited, Aditi Toys Private Limited, Qarmatek Services Private Limited and 5 more | Nominee Director | 20 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Growit India Private Limited is audited by R. Kejriwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. Kejriwal & Co. | FY 2023 | 133558W |
Shareholding
The shareholding of Growit India Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Growit India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.95 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2024 | 100930835 | Others | ₹2 Cr | Open | |
| 30 Dec 2022 | 100670457 | Others | ₹2 Cr | Open | |
| 26 Oct 2020 | 100381645 | Hdfc Bank Limited | ₹4.95 Cr | Open | |
| 16 Dec 2024 | 101019848 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Growit India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Growit India Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹36.06 Cr; the latest was in May 2025.
Total deals
8
Secondary share transfers
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹36.06 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: We Founder Circle, an individual Seller: Alpha Plastomers Private Limited , Alpha Plastomers Private Limited & Saurabh Kamalkishore Agarwal |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Alpha Plastomers Private Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Alpha Plastomers Private Limited |
| Apr 2022 | Funding round | ₹4.13 Cr | Investors: Rajeev Chlorides & Carbonics Private Limited, 3 individuals |
| Feb 2022 | Rights issue | ₹4 Cr | Investors: Alpha Plastomers Private Limited |
To see the full deal history of Growit India 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
Growit India Private Limited has 7 court cases on record: 5 filed by Growit India, 2 filed against it. 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 2 | 6 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| District court, SURAT, Gujarat | Court case (SPCS) | Filed by the company against individuals | Pending |
| District court, SURAT, Gujarat | Court case (SMCST) | Filed by the company against individuals | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against Zetta Farm LLP and 1 other | Pending |
| District court, SURAT, Gujarat | Court case (SMCST) | Filed by the company against Bharat Agro Solution and 1 other | Pending |
To see the full case history of Growit India 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 Growit India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Growit India Private Limited has a workforce of 55 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
55
Active EPFO establishments
1
Employee growth
-14.06%
GST
Growit India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG3267A1ZZ | Gujarat | Active | 12 Feb 2021 |
| 26AAICG3267A1ZV | Dadra and Nagar Haveli and Daman and Diu | Active | 01 Aug 2020 |
| 23AAICG3267A1Z1 | Madhya Pradesh | Active | 15 Feb 2021 |
| 08AAICG3267A1ZT | Rajasthan | Active | 05 Mar 2021 |
To see the full GST registrations and return filing status of Growit India Private Limited, buy the company report.
Recent activity
Growit India Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Mihirkumar Arvind Joshi was appointed as Nominee Director on 20 Mar 2025.
AGM
Growit India Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Growit India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 16 Dec 2024 via Charge ID 101019848 with Others was fully satisfied on 31 Mar 2025.
Appointed
Mihirkumar Arvind Joshi was appointed as Nominee Director.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101019848 was registered on 16 Dec 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100930835 was registered on 11 Jun 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100670457 was registered on 30 Dec 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 4.95 Cr registered on 26 Oct 2020 with Charge ID 100381645 was modified on 14 Nov 2022.
Ceased
Mahesh Gupta ceased to be Additional Director.
Appointed
Mahesh Gupta was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.95 Cr with Charge ID 100381645 was registered on 26 Oct 2020.
Appointed
Akshay Kamalkishore Agarwal was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Growit India is an active private limited company based in Surat, Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 08 June 2020 (6+ years old) and is registered under CIN U25199GJ2020PTC113833.
Growit India has 3 current directors:
- Saurabh Kamalkishore Agarwal - Director
- Akshay Kamalkishore Agarwal - Director
- Mihirkumar Arvind Joshi - Nominee Director
The latest financial statements of Growit India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Growit India is 24AAICG3267A1ZZ, registered in Gujarat. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 26AAICG3267A1ZV (Dadra and Nagar Haveli and Daman and Diu), 23AAICG3267A1Z1 (Madhya Pradesh), 08AAICG3267A1ZT (Rajasthan).
The CIN (Corporate Identification Number) of Growit India is U25199GJ2020PTC113833. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growit India has 7 court cases on record: 5 filed by the company and 2 filed against it. 6 are pending.
Growit India was incorporated on 08 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Growit India has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹36.06 Cr; the latest was in May 2025.
Mihirkumar Arvind Joshi was appointed as Nominee Director on 20 Mar 2025. Mahesh Gupta ceased to be Additional Director on 30 Sep 2022. Mahesh Gupta was appointed as Additional Director on 17 Sep 2022. Growit India has 5 board changes on record in total.
Yes, Growit India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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