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Grown One Tech Private Limited
Grown One Tech Private Limited - consumer goods in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹64.07 Cr
▼ 30% YoY
Net profit · FY 2025
₹86.83 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹35.65 Cr
EBITDA margin 55.6%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹177 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
97
Provident fund records
About Grown One Tech Private Limited
Data last updated:
Grown One Tech Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 04 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36999GJ2020PTC117017. Its GSTIN is 24AAICG5819Q1Z0 (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Varunkumar Babubhai Lakhani and Rajesh Labhubhai Lakhani.
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 Plot No. 152 Surat Special Economic Zone Diamond Park Sachin, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.07 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹86.83 Lakh (net margin 1.4%) and EBITDA of ₹35.65 Cr (EBITDA margin 55.6%).
The company has about 97 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹177 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36999GJ2020PTC117017
Registration Number 117017
Incorporation Date 04 October 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Grown One Tech
Contact details
Grown One Tech Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 152 Surat Special Economic Zone Diamond Park Sachin, Gujarat, India – 394230
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Grown One Tech Private Limited, buy the company report.
Comprehensive company report
Grown One Tech 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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Secure checkout · GST invoice included
Business activity
The main business activity of Grown One Tech is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Grown One Tech Private Limited, buy the company report.
Financials of Grown One Tech Private Limited
FY 2025 filings availableGrown One Tech Private Limited reported revenue of ₹64.07 Cr (down 30% YoY) for FY 2025.
Revenue · FY 2025
₹64.07 Cr ▼ 30%
Net profit · FY 2025
₹86.83 Lakh margin 1.4%
EBITDA · FY 2025
₹35.65 Cr margin 55.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
EBITDA CAGR growth
1 year
▼ 26%
Revenue fell 30% in the latest year. EBITDA fell 26% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹35.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹86.83 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 55.6% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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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 Grown One Tech Private Limited, buy the company report.
Board of directors of Grown One Tech Private Limited
Grown One Tech has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varunkumar Babubhai Lakhani | Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Rajesh Labhubhai Lakhani Also directs: Kira Diam LLP | Director | 19 Jun 2024 | 2 Years 4 Months | Current |
Peer comparison
Grown One Tech Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dimpex Jewels Private Limited | ₹64.69 Cr (FY 2025) | 73.0% | Mumbai, Maharashtra, India | |||
| Janvi LGD Private Limited | ₹64.49 Cr (FY 2025) | -10.0% | Surat, Gujarat, India | |||
| Grown One Tech Private Limitedthis company | ₹64.07 Cr (FY 2025) | ₹86.83 Lakh | 1.4% | -30.0% | 97 | Surat, Gujarat, India |
| Gunjan Jewels Private Limited | ₹63.91 Cr (FY 2025) | 7.0% | Bhiwandi, Maharashtra, India |
To see the full peer comparison of Grown One Tech Private Limited, buy the company report.
Auditor
Grown One Tech Private Limited is audited by J. Vasania & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. Vasania & Associates | FY 2023 | 117332W |
Shareholding
The shareholding of Grown One Tech 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 Grown One Tech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹177 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2023 | 100730159 | State Bank of India | ₹88.5 Cr | Open | |
| 10 May 2023 | 100728297 | State Bank of India | ₹88.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Grown One Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Grown One Tech Private Limited was last rated by Care on 29 Sep 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 29 Sep 2023 |
To see the full credit ratings and regulatory alerts of Grown One Tech Private Limited, buy the company report.
MSME payment delays
Grown One Tech Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 4 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shivdhara Marbo Granito | |||
| Bansary Ceramic | |||
| an individual supplier | |||
| Shah Engineers and Consultants Private Limited |
To see the full MSME payment records of Grown One Tech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Grown One Tech Private Limited has a workforce of 97 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
97
Active EPFO establishments
1
Employee growth
83.02%
GST
Grown One Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG5819Q1Z0 | Gujarat | Active | 10 Dec 2020 |
To see the full GST registrations and return filing status of Grown One Tech Private Limited, buy the company report.
Recent activity
Grown One Tech Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Mehul Pravinbhai Vaghani ceased to be Director on 20 Jun 2024.
AGM
Grown One Tech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Grown One Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Mehul Pravinbhai Vaghani ceased to be Director.
Appointed
Rajesh Labhubhai Lakhani was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 88.50 Cr with Charge ID 100730159 was registered on 17 May 2023.
Charges
A charge with State Bank Of India amounted to Rs. 88.50 Cr with Charge ID 100728297 was registered on 10 May 2023.
Ceased
Chirag Kanubhai Mangukiya ceased to be Director.
Ceased
Kunal Babulal Patel ceased to be Director.
Appointed
Mehul Pravinbhai Vaghani was appointed as Director.
Appointed
Varunkumar Babubhai Lakhani was appointed as Director.
Appointed
Chirag Kanubhai Mangukiya was appointed as Director.
Appointed
Kunal Babulal Patel was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Grown One Tech is an active private limited company based in Surat, Gujarat, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 04 October 2020 (6+ years old) and is registered under CIN U36999GJ2020PTC117017.
Grown One Tech has 2 current directors:
- Varunkumar Babubhai Lakhani - Director
- Rajesh Labhubhai Lakhani - Director
The latest financial statements of Grown One Tech 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 2021 are in the company report.
The GSTIN of Grown One Tech is 24AAICG5819Q1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Grown One Tech is U36999GJ2020PTC117017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grown One Tech was incorporated on 04 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Grown One Tech by revenue are Dimpex Jewels Private Limited, Janvi LGD Private Limited, Gunjan Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Mehul Pravinbhai Vaghani ceased to be Director on 20 Jun 2024. Rajesh Labhubhai Lakhani was appointed as Director on 19 Jun 2024. Chirag Kanubhai Mangukiya ceased to be Director on 30 Mar 2021. Grown One Tech has 8 board changes on record in total.
Yes, Grown One Tech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Grown One Tech has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 4 overdue payments to 4 micro and small suppliers. The latest return was filed on 27 Apr 2023.
The registered office of Grown One Tech is at Plot No. 152 Surat Special Economic Zone Diamond Park Sachin, Gujarat, India – 394230.
Grown One Tech operates in the consumer goods industry, in the watches and jewelry manufacturing segment.