Growlease Private Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U66309MH2018PTC304144 Incorporated 12 January 2018 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2025
₹1.73 Cr
▲ 33% YoY
Net profit · FY 2025
₹45.78 Lakh
Net margin 26.5%
EBITDA · FY 2025
₹61.67 Lakh
EBITDA margin 35.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹72.4 Cr
Satisfied ₹8.36 Cr
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

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

CIN U66309MH2018PTC304144
Registration Number 304144
Incorporation Date 12 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0020367

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 NameStatus
Growlease Private LimitedCurrent
Growthally Resolution Private LimitedPrevious
Growlease Residuary Private LimitedPrevious

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.

CINStatus
U66309MH2018PTC304144Current
U74999MH2018PTC304144Previous

Recognitions & Rankings of Growlease

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0020367

Contact details

Growlease Private Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    Floor – 1 Plot No. – 503/505 Lotlikar Building, J S Seth Marg Kamathiwadi Chira, Mumbai, Maharashtra, India – 400002
  • Industry
    Financial Services, Diversified Financial Services, Equipment Leasing & Financing
Comprehensive company report
Growlease 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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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
NSupport service to OrganizationsN1Rental 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 available

Growlease Private Limited reported revenue of ₹1.73 Cr (up 33% YoY) for FY 2025.

Revenue · FY 2025
₹1.73 Cr ▲ 33%
Net profit · FY 2025
₹45.78 Lakh margin 26.5%
EBITDA · FY 2025
₹61.67 Lakh margin 35.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 61%
5 years · compounded
▲ 41%
EBITDA CAGR growth
3 years · compounded
▲ 78%
5 years · compounded
▲ 101%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹61.67 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹45.78 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin35.7%
Net Profit Margin26.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Yogendra Narendra GargDirector07 Apr 20251 Years 6 MonthsCurrent
Brijen Urvish ShahDirector07 Apr 20251 Years 6 MonthsCurrent

Charges & borrowings

Open charges
₹72.4 Cr
Satisfied charges
₹8.36 Cr
Breakdown by lending institutions
Others₹64.20 Cr
Tata Capital Financial Services Limited₹8.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Nov 2025101198900Others₹5.32 CrOpen
31 Oct 2025101180030Others₹4.69 CrOpen
31 Oct 2025101180670Others₹2.46 CrOpen
17 Sep 2025101164309Others₹7.71 CrOpen
30 Aug 2025101149545Others₹10.02 CrOpen

To see the full charge records of Growlease Private Limited, buy the company report.

Total charge records: 34 View all charges

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.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAHCG1513A1Z9MaharashtraActive10 Sep 2018
24AAHCG1513A1ZFGujaratActive04 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.

Charges
A charge registered on 22 Nov 2022 via Charge ID 100656848 with Tata Capital Financial Services Limited was fully satisfied on 10 Dec 2025.
Charges
A charge with Others amounted to Rs. 532.10 Lakh with Charge ID 101198900 was registered on 27 Nov 2025.
Charges
A charge with Others amounted to Rs. 469.00 Lakh with Charge ID 101180030 was registered on 31 Oct 2025.
Charges
A charge with Others amounted to Rs. 245.66 Lakh with Charge ID 101180670 was registered on 31 Oct 2025.
AGM
Growlease Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Brijen Urvish Shah ceased to be Additional Director.
Ceased
Yogendra Narendra Garg ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 770.67 Lakh with Charge ID 101164309 was registered on 17 Sep 2025.
Charges
A charge with Others amounted to Rs. 1,002.48 Lakh with Charge ID 101149545 was registered on 30 Aug 2025.
Charges
A charge with Others amounted to Rs. 3,294.04 Lakh with Charge ID 101126382 was registered on 30 Jun 2025.
Charges
A charge with Others amounted to Rs. 106.53 Lakh with Charge ID 101107020 was registered on 23 May 2025.
Ceased
Bhupinder Narendra Garg ceased to be Director.

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:

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.