Growmore Credit Advisors Private Limited
About Growmore Credit Advisors Private Limited
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Growmore Credit Advisors Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 09 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14108MH2003PTC143458.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5.32 Lakh. It is led by directors Sunita Sudhir Dara and Simran Vinay Dara.
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 Sf – 13 14 Bhiwapurkar Chambers Opp. Yashwant Stadium Dhantoli, Nagpur, Maharashtra, India – 440012.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.03 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net profit of ₹66,927 (net margin 16.6%) and EBITDA of ₹67,687 (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Growmore Credit Advisors Private Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressSf – 13 14 Bhiwapurkar Chambers Opp. Yashwant Stadium Dhantoli, Nagpur, Maharashtra, India – 440012
- IndustryFinancial Services, Financial Activities
- 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 Growmore Credit Advisors is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Growmore Credit Advisors Private Limited, buy the company report.
Financials of Growmore Credit Advisors Private Limited
FY 2025 filings availableGrowmore Credit Advisors Private Limited reported revenue of ₹4.03 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 61% fall in the latest year. EBITDA fell 89% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹67,687 | ||||
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| Net Profit (PAT) | ₹66,927 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | 16.6% | ||||
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To see the full financial statements and ratios of Growmore Credit Advisors Private Limited, buy the company report.
Board of directors of Growmore Credit Advisors Private Limited
Growmore Credit Advisors 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 |
|---|---|---|---|---|
| Sunita Sudhir Dara Also directs: Phoenix Mining Private Limited, Abhinandan Distributors Private Limited, Purple Infraventures Private Limited and 2 more | Director | 09 Sep 2019 | 7 Years 2 Months | Current |
| Simran Vinay Dara Also directs: Phoenix Mining Private Limited, Abhinandan Distributors Private Limited, Nasik Finance Pvt Ltd and 2 more | Director | 09 Sep 2019 | 7 Years 2 Months | Current |
Peer comparison
Growmore Credit Advisors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ugna Nidhi Limited | ₹4.03 Lakh (FY 2024) | 110.0% | Delhi, India | |||
| FBP Consultants Private Limited | ₹4.03 Lakh (FY 2025) | 107.0% | Bangalore, Karnataka, India | |||
| Bheemidi Chit Funds Private Limited | ₹4.03 Lakh (FY 2020) | -77.0% | Hyderabad, Telangana, India | |||
| Luxury Nirman Private Limited | ₹4.03 Lakh (FY 2023) | 1.0% | Kolkata, West Bengal, India | |||
| Southcity Nidhi Limited | ₹4.03 Lakh (FY 2019) | -44.0% | Chennai, Tamil Nadu, India | |||
| Growmore Credit Advisors Private Limitedthis company | ₹4.03 Lakh (FY 2024) | ₹66,927 | 16.6% | -61.0% | Nagpur, Maharashtra, India | |
| Kreditserve Financial Advisory Services Private Limited | ₹4.03 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Manava Mythree Nidhi Limited | ₹4.03 Lakh (FY 2023) | 26.0% | Kodungallur, Kerala, India | |||
| Lionking Marketing Private Limited | ₹4.03 Lakh (FY 2024) | 26.0% | Patna, Bihar, India | |||
| Vibrant Nidhi Limited | ₹4.02 Lakh (FY 2025) | -55.0% | Banswara, Rajasthan, India | |||
| Saga Sports Shoes Pvt Ltd | ₹4.02 Lakh (FY 2025) | -92.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Growmore Credit Advisors Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Growmore Credit Advisors 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 Growmore Credit Advisors 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 Growmore Credit Advisors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Growmore Credit Advisors Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sudhir Dara Peshuram ceased to be Director on 10 Sep 2019.
Frequently asked questions
Growmore Credit Advisors is an active private limited company based in Nagpur, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 09 December 2003 (23+ years old) and is registered under CIN U14108MH2003PTC143458.
Growmore Credit Advisors has 2 current directors:
- Sunita Sudhir Dara - Director
- Simran Vinay Dara - Director
The latest financial statements of Growmore Credit Advisors 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Growmore Credit Advisors is U14108MH2003PTC143458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growmore Credit Advisors was incorporated on 09 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Growmore Credit Advisors by revenue are Ugna Nidhi Limited, FBP Consultants Private Limited, Bheemidi Chit Funds Private Limited, Luxury Nirman Private Limited, Southcity Nidhi Limited and 5 more, all in the same principal business activity (other financial activities).
Sudhir Dara Peshuram ceased to be Director on 10 Sep 2019. Vinay Peshuram Dara ceased to be Director on 10 Sep 2019. Simran Vinay Dara was appointed as Director on 09 Sep 2019. Growmore Credit Advisors has 4 board changes on record in total.
The registered office of Growmore Credit Advisors is at Sf – 13 14 Bhiwapurkar Chambers Opp. Yashwant Stadium Dhantoli, Nagpur, Maharashtra, India – 440012.
Growmore Credit Advisors operates in the financial services industry, in the financial activities segment.
The compliance status of Growmore Credit Advisors is compliant as of 31 July 2026. The company is actively filing with the Registrar of Companies.
Growmore Credit Advisors can be reached at its registered office: Sf – 13 14 Bhiwapurkar Chambers Opp. Yashwant Stadium Dhantoli, Nagpur, Maharashtra, India – 440012.
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