About Groww Serv Private Limited
Data last updated:
Groww Serv Private Limited is a private limited company based in Bangalore South, Karnataka, India, a subsidiary of Billionbrains Garage Ventures Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2020PTC134558. Its GSTIN is 29AAJCB0205E1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.15 Cr. It was formerly known as Billionbrains Capital Private Limited. It is led by directors Sunil Bissa and Lalit Bhimani.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.95 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Cr (net margin -3.4%) and EBITDA of ₹36.1 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 656% over three years.
The company has about 346 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 rights issues); the latest was in April 2024. Its 10 peer companies in the Business Services industry (Business Auxiliary Services) are compared by revenue, 5 larger and 5 smaller; the largest is KMC Oiltools India Private Limited. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
For more details, the company can be reached via its website groww.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered Address1st Floor Obeya Tulip Regent Insignia Mahakavi Vemana Road, Khb Block Koramangala 4 – B Block 4th Block, Bangalore South, Karnataka, India – 560034
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Groww Serv Private Limited
The main business activity of Groww Serv is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Groww Serv Private Limited FY 2025 filings available
Groww Serv Private Limited reported revenue of ₹38.95 Cr (up 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Groww Serv Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 656% over three years, including 59% growth in the latest year. EBITDA rose 145% 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 of Groww Serv Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹36.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.31 Cr | •••• | •••• | •••• | •••• |
| 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 of Groww Serv Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Groww Serv are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Groww Serv Private Limited
Groww Serv Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KMC Oiltools India Private Limited | •••• | •••• | •••• | •••• | 26 | Mumbai, Maharashtra, India |
| Bertelsmann Corporate Services India Private Limited | •••• | •••• | •••• | •••• | 19 | New Delhi, Delhi, India |
| Docquity Services Private Limited | •••• | •••• | •••• | •••• | 156 | New Delhi, Delhi, India |
| LGC Petrochemical India Private Limited | •••• | •••• | •••• | •••• | 40 | Mumbai, Maharashtra, India |
| Essar House Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Groww Serv Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| RCH Service India Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Sony Research India Private Limited | •••• | •••• | •••• | •••• | 26 | Bengaluru, Karnataka, India |
| Archer Transnational Systems Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| Ascertis Services Private Limited | •••• | •••• | •••• | •••• | - | Dlf Qe, Haryana, India |
| T-Hub Foundation | •••• | •••• | •••• | •••• | 89 | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Groww Serv by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Groww Serv Private Limited
Groww Serv Private Limited is audited by TR Chadha & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TR Chadha & Co LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Groww Serv Private Limited
Groww Serv has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Bissa | Director | 15 Feb 2022 | 4 Years 7 Months | Current |
| Lalit Bhimani Also directs: Groww Wealth Tech Private Limited, Groww Insurance Broking Private Limited, Groww Ifsc Private Limited and 3 more | Director | 06 Feb 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Groww Serv Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Groww Serv Private Limited
Groww Serv Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Groww Serv Private Limited
Groww Serv Private Limited has 2 deals on record (2 rights issues); the latest was in April 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2024 | Rights issue | ₹4 Cr | Investors: Billionbrains Garage Ventures Limited |
| Dec 2022 | Rights issue | ₹6 Cr | Investors: Billionbrains Garage Ventures Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Groww Serv Private Limited
Groww Serv Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, 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 |
|---|---|---|---|
| Ocfo Enterprises Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Groww Serv Private Limited
Groww Serv Private Limited has a workforce of 346 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Groww Serv Private Limited
Groww Serv has one previous CIN (Corporate Identification Number): U65990KA2020PTC134558. The current CIN is U74110KA2020PTC134558, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2020PTC134558 | Current |
| U65990KA2020PTC134558 | Previous |
News related to Groww Serv Private Limited
Recent Activity on Groww Serv Private Limited
Groww Serv Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Beejish Balakrishna Pillai ceased to be Director on 17 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Groww Serv Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Groww Serv Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Groww Serv Private Limited
Groww Serv has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCB0205E1Z5 | Karnataka | Active | 06 May 2022 |
| 08AAJCB0205E1Z9 | Rajasthan | Active | 02 May 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Groww Serv Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Groww Serv Private Limited
Groww Serv is an active private limited company based in Bangalore South, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U74110KA2020PTC134558.
Groww Serv reported revenue of ₹38.95 Cr for FY 2025 (up 59% YoY).
Groww Serv has 2 current directors:
- Sunil Bissa - Director
- Lalit Bhimani - Director
Groww Serv reported a net loss of ₹1.31 Cr (net margin -3.4%) and EBITDA of ₹36.1 Lakh (EBITDA margin 0.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Groww Serv is 656% over three years. In the latest year (FY 2025) revenue rose 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Groww Serv is 29AAJCB0205E1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAJCB0205E1Z9 (Rajasthan).
The CIN (Corporate Identification Number) of Groww Serv is U74110KA2020PTC134558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Groww Serv was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Groww Serv has 2 deals on record (2 rights issues); the latest was in April 2024.
The peers of Groww Serv by revenue are KMC Oiltools India Private Limited, Bertelsmann Corporate Services India Private Limited, Docquity Services Private Limited, LGC Petrochemical India Private Limited, Essar House Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Beejish Balakrishna Pillai ceased to be Director on 17 Feb 2025. Lalit Bhimani was appointed as Director on 06 Feb 2025. Harsh Jain ceased to be Director on 25 Feb 2022. Groww Serv has 8 board changes on record in total.
Groww Serv has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.