MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0044492
Growthtree Ventures Private Limited
Growthtree Ventures Private Limited - metals and minerals in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹59.74 Cr
▲ 54% YoY
Net profit · FY 2023
₹60.13 Lakh
Net margin 1%
EBITDA · FY 2023
₹1.33 Cr
EBITDA margin 2.2%
Authorised capital
₹1.19 Cr
Registered with MCA
Paid-up capital
₹26.18 Lakh
Issued & subscribed
Open charges
₹1.3 Cr
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Growthtree Ventures Private Limited
Data last updated:
Growthtree Ventures Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 04 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2008PTC131055. Its GSTIN is 37AAECR1843D1ZL (Andhra Pradesh). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1.19 Cr and a paid-up capital of ₹26.18 Lakh. It was formerly known as Romeo Banijya Private Limited. It is led by directors Nitesh Dutt Jha and Vardan Vinod Bora.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹59.74 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹60.13 Lakh (net margin 1%) and EBITDA of ₹1.33 Cr (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 90% over three years and 122% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 4 cases are pending.
Growthtree Ventures Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0044492). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909WB2008PTC131055
Registration Number 131055
Incorporation Date 04 December 2008
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0044492
Recognitions & Rankings of Growthtree Ventures
Contact details
Growthtree Ventures Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Room No 5, 4/1 Red Cross Street, Kolkata, West Bengal, India – 700001
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Growthtree Ventures Private Limited, buy the company report.
Comprehensive company report
Growthtree Ventures 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Growthtree Ventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Growthtree Ventures Private Limited, buy the company report.
Financials of Growthtree Ventures Private Limited
FY 2023 filings availableGrowthtree Ventures Private Limited reported revenue of ₹59.74 Cr (up 54% YoY) for FY 2023.
Revenue · FY 2023
₹59.74 Cr ▲ 54%
Net profit · FY 2023
₹60.13 Lakh margin 1%
EBITDA · FY 2023
₹1.33 Cr margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 90%
5 years · compounded
▲ 122%
EBITDA CAGR growth
1 year
▼ 44%
3 years · compounded
▲ 119%
5 years · compounded
▲ 54%
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years, including 54% growth in the latest year. EBITDA fell 44% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.74 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.13 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 1% | ||||
| 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 Growthtree Ventures Private Limited, buy the company report.
Board of directors of Growthtree Ventures Private Limited
Growthtree Ventures has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitesh Dutt Jha Also directs: Growthtree Healthy Super Foods Private Limited, Averill Trading Private Limited, Varaha Global Private Limited and 3 more | Director | 24 Aug 2021 | 5 Years 1 Months | Current |
| Vardan Vinod Bora | Director | 17 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Growthtree Ventures Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A J Coal Private Limited | ₹60.59 Cr (FY 2024) | -21.0% | Mumbai, Maharashtra, India | |||
| Bigmans Metals and Alloys Private Limited | ₹60.16 Cr (FY 2021) | 448.0% | Bangalore, Karnataka, India | |||
| Growthtree Ventures Private Limitedthis company | ₹59.74 Cr (FY 2023) | ₹60.13 Lakh | 1% | 54.0% | Kolkata, West Bengal, India | |
| Jaidka Concast Limited | ₹59.3 Cr (FY 2025) | 60.0% | Punjab, India | |||
| Subhadra Commercial Private Limited | ₹59.11 Cr (FY 2024) | 71.0% | Durgapur, West Bengal, India |
To see the full peer comparison of Growthtree Ventures Private Limited, buy the company report.
Auditor
Growthtree Ventures Private Limited is audited by MRUDULA BRODIE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRUDULA BRODIE & ASSOCIATES | FY 2023 | 153090W |
Shareholding
The shareholding of Growthtree Ventures Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growthtree Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2022 | 100668063 | Others | ₹1.3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Growthtree Ventures Private Limited has 7 court cases on record: 6 filed by Growthtree Ventures, 1 filed against it. 4 cases are pending and 3 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
4
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 4 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Rintac Trading Private Limited and 2 and 2 others | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Umbrella Genomics Private Limited | Pending |
| NCLT, Guwahati | Insolvency matter | Filed by the company against Umbrella Genomics Private Limited and 1 other | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed by the company against NCC Limited | Disposed |
| District court, Surendranagar, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
To see the full case history of Growthtree Ventures 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
No delayed payments to MSME suppliers are on our record for Growthtree Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growthtree Ventures has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
6
Active
5
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAECR1843D1ZL | Andhra Pradesh | Active | 01 Jul 2017 |
| 27AAECR1843D1ZM | Maharashtra | Active | 10 Aug 2020 |
| 10AAECR1843D1Z1 | Bihar | Active | 21 Sep 2021 |
| 18AAECR1843D1ZL | Assam | Active | 12 Sep 2022 |
To see the full GST registrations and return filing status of Growthtree Ventures Private Limited, buy the company report.
Recent activity
Growthtree Ventures Private Limited has 17 board changes on record since 2008: 2 appointments and 15 cessations. The latest: Jayanta Kumar Maiti ceased to be Director on 18 Jul 2022.
AGM
Growthtree Ventures Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Growthtree Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
Charges
A charge with Others amounted to Rs. 1.30 Cr with Charge ID 100668063 was registered on 15 Dec 2022.
Ceased
Jayanta Kumar Maiti ceased to be Director.
Ceased
Ravishankar Nandkumar Mishra ceased to be Director.
Ceased
Nitesh Dutt Jha ceased to be Additional Director.
Ceased
Vardan Vinod Bora ceased to be Additional Director.
Appointed
Vardan Vinod Bora was appointed as Director.
Appointed
Nitesh Dutt Jha was appointed as Director.
Ceased
Siddharth Prasad ceased to be Additional Director.
Ceased
Anand Mohan Prasad ceased to be Additional Director.
Ceased
Harinarayan Sakaldev Chauhan ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Growthtree Ventures is an active private limited company based in Kolkata, West Bengal, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 04 December 2008 (18+ years old) and is registered under CIN U51909WB2008PTC131055.
Growthtree Ventures has 2 current directors:
- Nitesh Dutt Jha - Director
- Vardan Vinod Bora - Director
The latest financial statements of Growthtree Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Growthtree Ventures is 37AAECR1843D1ZL, registered in Andhra Pradesh. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAECR1843D1ZM (Maharashtra), 10AAECR1843D1Z1 (Bihar), 18AAECR1843D1ZL (Assam).
The CIN (Corporate Identification Number) of Growthtree Ventures is U51909WB2008PTC131055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growthtree Ventures has 7 court cases on record: 6 filed by the company and 1 filed against it. 4 are pending. Most are in the district courts.
Growthtree Ventures was incorporated on 04 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Growthtree Ventures by revenue are A J Coal Private Limited, Bigmans Metals and Alloys Private Limited, Jaidka Concast Limited, Subhadra Commercial Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Jayanta Kumar Maiti ceased to be Director on 18 Jul 2022. Ravishankar Nandkumar Mishra ceased to be Director on 18 Jul 2022. Nitesh Dutt Jha ceased to be Additional Director on 26 Nov 2021. Growthtree Ventures has 17 board changes on record in total.
Yes, Growthtree Ventures is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0044492).
The registered office of Growthtree Ventures is at 2nd Floor Room No 5, 41 Red Cross Street, Kolkata, West Bengal, India – 700001.