- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0020367

About Growlease Private Limited
Data last updated:
Growlease Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 12 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66309MH2018PTC304144. Its GSTIN is 27AAHCG1513A1Z9 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Growthally Resolution Private Limited and Growlease Residuary Private Limited. It is led by directors Yogendra Narendra Garg and Brijen Urvish Shah.
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 ₹1.73 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹45.78 Lakh (net margin 26.5%) and EBITDA of ₹61.67 Lakh (EBITDA margin 35.7%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹72.4 Cr and satisfied charges of ₹8.36 Cr on record.
Growlease Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0020367). For more details, the company can be reached via its website growthally.org.
Company details
Name history
Growlease has undergone 2 name changes throughout its history. The company was previously known as Growthally Resolution Private Limited, and Growlease Residuary Private Limited. The current legal name is Growlease Private Limited.
| Company Name | Status |
|---|---|
| Growlease Private Limited | Current |
| Growthally Resolution Private Limited | Previous |
| Growlease Residuary Private Limited | Previous |
CIN history
Growlease has one previous CIN (Corporate Identification Number): U74999MH2018PTC304144. The current CIN is U66309MH2018PTC304144, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66309MH2018PTC304144 | Current |
| U74999MH2018PTC304144 | Previous |
Recognitions & Rankings of Growlease
Contact details
Growlease Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressFloor – 1 Plot No. – 503/505 Lotlikar Building, J S Seth Marg Kamathiwadi Chira, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Diversified Financial Services, Equipment Leasing & Financing
- 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 Growlease is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Growlease Private Limited, buy the company report.
Financials of Growlease Private Limited
FY 2025 filings availableGrowlease Private Limited reported revenue of ₹1.73 Cr (up 33% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 33% growth 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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| EBITDA | ₹61.67 Lakh | ||||
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| Net Profit (PAT) | ₹45.78 Lakh | ||||
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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 | 35.7% | ||||
| Net Profit Margin | 26.5% | ||||
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To see the full financial statements and ratios of Growlease Private Limited, buy the company report.
Board of directors of Growlease Private Limited
Growlease has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogendra Narendra Garg Also directs: Growthally Asset Management Private Limited | Director | 07 Apr 2025 | 1 Years 6 Months | Current |
| Brijen Urvish Shah Also directs: Growthally Asset Management Private Limited | Director | 07 Apr 2025 | 1 Years 6 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2025 | 101198900 | Others | ₹5.32 Cr | Open | |
| 31 Oct 2025 | 101180030 | Others | ₹4.69 Cr | Open | |
| 31 Oct 2025 | 101180670 | Others | ₹2.46 Cr | Open | |
| 17 Sep 2025 | 101164309 | Others | ₹7.71 Cr | Open | |
| 30 Aug 2025 | 101149545 | Others | ₹10.02 Cr | Open |
To see the full charge records of Growlease Private Limited, buy the company report.
Total charge records: 34 View all charges
Legal cases
No court or tribunal cases involving Growlease 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 Growlease Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growlease has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG1513A1Z9 | Maharashtra | Active | 10 Sep 2018 |
| 24AAHCG1513A1ZF | Gujarat | Active | 04 Jul 2019 |
To see the full GST registrations and return filing status of Growlease Private Limited, buy the company report.
Recent activity
Growlease Private Limited has 7 board changes on record since 2025: 2 appointments and 5 cessations. The latest: Brijen Urvish Shah ceased to be Additional Director on 29 Sep 2025.
48 earlier events are in the company report.
Frequently asked questions
Growlease is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 12 January 2018 (8+ years old) and is registered under CIN U66309MH2018PTC304144.
Growlease has 2 current directors:
- Yogendra Narendra Garg - Director
- Brijen Urvish Shah - Director
The latest financial statements of Growlease 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 2018 are in the company report.
The GSTIN of Growlease is 27AAHCG1513A1Z9, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAHCG1513A1ZF (Gujarat).
The CIN (Corporate Identification Number) of Growlease is U66309MH2018PTC304144. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growlease was incorporated on 12 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Brijen Urvish Shah ceased to be Additional Director on 29 Sep 2025. Yogendra Narendra Garg ceased to be Additional Director on 29 Sep 2025. Bhupinder Narendra Garg ceased to be Director on 08 Apr 2025. Growlease has 7 board changes on record in total.
Yes, Growlease is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0020367).
Growlease can be reached through the website growthally.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Growlease is at Floor – 1 Plot No. – 503505 Lotlikar Building, J S Seth Marg Kamathiwadi Chira, Mumbai, Maharashtra, India – 400002.

