Startup India Government of India
Growthpal Technologies Private Limited - internet in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.77 Cr
▲ 21% YoY
Net loss · FY 2024
₹1.55 Cr
Net margin -26.8%
EBITDA · FY 2024
-₹1.51 Cr
EBITDA margin -26.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
38
Provident fund records
Directors on board
2
As per MCA filings
About Growthpal Technologies Private Limited
Data last updated:
Growthpal Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Growthpal Technologies Pte Ltd and recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 19 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019PTC188509. Its GSTIN is 27AAICG1373M1Z9 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Maneesh Bhandari and Sunil Pandurang Nikhar.
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 Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.77 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.55 Cr (net margin -26.8%) and EBITDA of -₹1.51 Cr (EBITDA margin -26.1%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: GrowthPal. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (1 secondary share transfer, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹1 Cr; the latest was in May 2025. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier.
Growthpal Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0327048). For more details, the company can be reached via its website growthpal.com.
Company details
CIN U72900PN2019PTC188509
Registration Number 188509
Incorporation Date 19 December 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Growthpal Technologies Pte Ltd
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0327048
Recognitions & Rankings of Growthpal Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0327048
Contact details
Growthpal Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is growthpal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSr. No. 132/1 Meera Apartments H. No. 101 Deepa Society, Baner Pashan Link Road Near Hdfc Bank Pashan, Pune, Maharashtra, India – 411021
- IndustryInternet, Online Financial Services
To see the full contact details of Growthpal Technologies Private Limited, buy the company report.
Comprehensive company report
Growthpal Technologies 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
Growthpal Technologies operates one associated brand: GrowthPal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| M&A deals are sourced via data-driven AI platform for startups. | growthpal.com |
Business activity
The main business activity of Growthpal Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Growthpal Technologies Private Limited, buy the company report.
Financials of Growthpal Technologies Private Limited
FY 2025 filings availableGrowthpal Technologies Private Limited reported revenue of ₹5.77 Cr (up 21% YoY) for FY 2024.
Revenue · FY 2024
₹5.77 Cr ▲ 21%
Net loss · FY 2024
₹1.55 Cr margin -26.8%
EBITDA · FY 2024
-₹1.51 Cr margin -26.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 69%
3 years · compounded
▼ 173%
Revenue has grown at a compounded annual rate (CAGR) of 64% over three years, including 21% growth in the latest year. EBITDA rose 69% 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 | -₹1.51 Cr | ||||
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| Net Profit (PAT) | -₹1.55 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.1% | ||||
| Net Profit Margin | -26.8% | ||||
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To see the full financial statements and ratios of Growthpal Technologies Private Limited, buy the company report.
Board of directors of Growthpal Technologies Private Limited
Growthpal Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maneesh Bhandari | Director | 19 Dec 2019 | 6 Years 10 Months | Current |
| Sunil Pandurang Nikhar Also directs: Maxis Advisors LLP, Dr. Hemakshi's Wanyama Wildescapes LLP, Vertical Relevance India Private Limited and 4 more | Director | 28 Jan 2020 | 6 Years 8 Months | Current |
Auditor
Growthpal Technologies Private Limited is audited by Amit G Malu & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit G Malu & Associates | FY 2023 | 138064W |
Shareholding
The shareholding of Growthpal Technologies 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Growthpal Technologies Private Limited, buy the company report.
Deals & funding
Growthpal Technologies Private Limited has 3 deals on record (1 secondary share transfer, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹1 Cr; the latest was in May 2025.
Total deals
3
Secondary share transfer
1
Convertible or debt financing
1
Acquisition
1
Disclosed funding
₹1 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Acquisition | ₹6 Cr | Buyer: Ideaspring Capital |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Growtpal Technologies Pte Limited & Maneesh Bhandari, Growtpal Technologies Pte Limited Seller: 2 individuals |
To see the full deal history of Growthpal Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Growthpal Technologies Private Limited has 1 court case on record: 1 filed by Growthpal Technologies. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Firstsource Solutions Ltd | Disposed |
To see the full case history of Growthpal Technologies Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Growthpal Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ranadey Professional Services Private Limited |
To see the full MSME payment records of Growthpal Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Growthpal Technologies Private Limited has a workforce of 38 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
38
Active EPFO establishments
1
Employee growth
11.76%
GST
Growthpal Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG1373M1Z9 | Maharashtra | Active | 03 Feb 2020 |
To see the full GST registrations and return filing status of Growthpal Technologies Private Limited, buy the company report.
Recent activity
Growthpal Technologies Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Sunil Pandurang Nikhar ceased to be Additional Director on 31 Dec 2020.
AGM
Growthpal Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Growthpal Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sunil Pandurang Nikhar ceased to be Additional Director.
Ceased
Ruchi Bhandari ceased to be Director.
Appointed
Sunil Pandurang Nikhar was appointed as Director.
Appointed
Maneesh Bhandari was appointed as Director.
Incorporation
19 Dec 2019
Growthpal Technologies Private Limited was registered on 19 Dec 2019 with Roc Pune & aged 6 years 10 months as per MCA records.
Frequently asked questions
Growthpal Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U72900PN2019PTC188509.
Growthpal Technologies has 2 current directors:
- Maneesh Bhandari - Director
- Sunil Pandurang Nikhar - Director
The latest financial statements of Growthpal Technologies 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 2020 are in the company report.
The GSTIN of Growthpal Technologies is 27AAICG1373M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Growthpal Technologies is U72900PN2019PTC188509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growthpal Technologies has 1 court case on record: 1 filed by the company.
Growthpal Technologies was incorporated on 19 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Growthpal Technologies has 3 deals on record (1 secondary share transfer, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹1 Cr; the latest was in May 2025.
Sunil Pandurang Nikhar ceased to be Additional Director on 31 Dec 2020. Ruchi Bhandari ceased to be Director on 30 Sep 2020. Sunil Pandurang Nikhar was appointed as Director on 28 Jan 2020. Growthpal Technologies has 4 board changes on record in total.
Yes, Growthpal Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Growthpal Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0327048).