Growsmart SMB Solutions Private Limited

Growsmart SMB Solutions Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2017PTC116102 Incorporated 18 April 2017 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2025
₹6.56 Cr
▲ 23% YoY
Net profit · FY 2025
₹9.93 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹30.13 Lakh
EBITDA margin 4.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹62.33 Lakh
Satisfied ₹50 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
27
Provident fund records

About Growsmart SMB Solutions Private Limited

Data last updated:

Growsmart SMB Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 18 April 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2017PTC116102. Its GSTIN is 33AAGCG7969P1ZQ (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rajesh Elumalai (Managing Director) and Rekha Gopi.

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 No:96 First Floor 4th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083.

As per the financials filed for FY 2025, the company reported a revenue of ₹6.56 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹9.93 Lakh (net margin 1.5%) and EBITDA of ₹30.13 Lakh (EBITDA margin 4.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 28% over five years.

The company has about 27 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: GrowthSmartSMB and ProjectBase. As per MCA filings, the company has open charges of ₹62.33 Lakh and satisfied charges of ₹50 Lakh on record.

Growsmart SMB Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0151104). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growsmartsmb.com.

Company details

CIN U72900TN2017PTC116102
Registration Number 116102
Incorporation Date 18 April 2017
ROC Chennai
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
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0151104

Recognitions & Rankings of Growsmart SMB Solutions

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0151104

Contact details

Growsmart SMB Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is growsmartsmb.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Apps
  • Registered Address
    No:96 First Floor 4th Avenue Ashok Nagar, Chennai, Tamil Nadu, India – 600083
  • Industry
    Information Technology, SaaS (Software as a Service) Providers

To see the full contact details of Growsmart SMB Solutions Private Limited, buy the company report.

Comprehensive company report
Growsmart SMB Solutions 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

Growsmart SMB Solutions operates two associated brands: GrowthSmartSMB and ProjectBase. Each brand links to its own profile.

BrandDescriptionWebsite
Cloud-based ERP software for industries like construction and equipment management.growsmartsmb.com
Construction software for project management, procurement, cost control, and billing.projectbase.com

Business activity

The main business activity of Growsmart SMB Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Growsmart SMB Solutions Private Limited, buy the company report.

Financials of Growsmart SMB Solutions Private Limited

FY 2025 filings available

Growsmart SMB Solutions Private Limited reported revenue of ₹6.56 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹6.56 Cr ▲ 23%
Net profit · FY 2025
₹9.93 Lakh margin 1.5%
EBITDA · FY 2025
₹30.13 Lakh margin 4.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 26%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 27%
5 years · compounded
▲ 14%

Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 23% growth in the latest year. EBITDA rose 1% 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₹30.13 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹9.93 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 Margin4.6%
Net Profit Margin1.5%
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 Growsmart SMB Solutions Private Limited, buy the company report.

Board of directors of Growsmart SMB Solutions Private Limited

Growsmart SMB Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rekha GopiDirector18 Apr 20179 Years 6 MonthsCurrent
Dinesh ElumalaiDirector22 Aug 20242 Years 2 MonthsCurrent
Buvanesh ElumalaiDirector18 Apr 20179 Years 6 MonthsCurrent
Rajesh ElumalaiManaging Director18 Apr 20179 Years 6 MonthsCurrent

Auditor

Growsmart SMB Solutions Private Limited is audited by MADHUKAAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MADHUKAAR & ASSOCIATESFY 2023012339S

Shareholding

The shareholding of Growsmart SMB Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Growsmart SMB Solutions Private Limited, buy the company report.

Charges & borrowings

Open charges
₹62.33 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Others₹0.62 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Oct 2025101177800Others₹25 LakhOpen
22 Sep 2022100617599Others₹37.33 LakhOpen
22 Jan 2020100321472Others₹50 LakhSatisfied

To see the full charge records of Growsmart SMB Solutions Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Growsmart SMB Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Growsmart SMB Solutions Private Limited has a workforce of 27 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.

Employee count
27
Active EPFO establishments
1

GST

Growsmart SMB Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAGCG7969P1ZQTamil NaduActive11 Jul 2017

To see the full GST registrations and return filing status of Growsmart SMB Solutions Private Limited, buy the company report.

Recent activity

Growsmart SMB Solutions Private Limited has 6 board changes on record since 2017: 4 appointments and 2 cessations. The latest: Dinesh Elumalai ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 101177800 was registered on 15 Oct 2025.
AGM
Growsmart Smb Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Growsmart Smb Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Dinesh Elumalai ceased to be Additional Director.
Appointed
Dinesh Elumalai was appointed as Director.
Ceased
Venugopal Ganesh Kumar ceased to be Director.
Charges
A charge registered on 22 Jan 2020 via Charge ID 100321472 with Others was fully satisfied on 09 Nov 2022.
Charges
A charge with Others amounted to Rs. 37.33 Lakh with Charge ID 100617599 was registered on 22 Sep 2022.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100321472 was registered on 22 Jan 2020.
Appointed
Buvanesh Elumalai was appointed as Director.
Appointed
Rajesh Elumalai was appointed as Managing Director.
Appointed
Rekha Gopi was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Growsmart SMB Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 18 April 2017 (9+ years old) and is registered under CIN U72900TN2017PTC116102.

Growsmart SMB Solutions has 4 current directors:

The latest financial statements of Growsmart SMB Solutions 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 Growsmart SMB Solutions is 33AAGCG7969P1ZQ, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Growsmart SMB Solutions is U72900TN2017PTC116102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Growsmart SMB Solutions was incorporated on 18 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.

Dinesh Elumalai ceased to be Additional Director on 29 Sep 2024. Dinesh Elumalai was appointed as Director on 22 Aug 2024. Venugopal Ganesh Kumar ceased to be Director on 01 Jul 2024. Growsmart SMB Solutions has 6 board changes on record in total.

Yes, Growsmart SMB Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Growsmart SMB Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0151104).

Growsmart SMB Solutions can be reached through the website growsmartsmb.com. Its registered office is in Chennai, Tamil Nadu, India.