About Groww Trustee Limited
Data last updated:
Groww Trustee Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Indiabulls Housing Finance Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65991KA2008PLC183561. Its GSTIN is 27AABCI9148R1ZR (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Indiabulls Trustee Company Limited. It is led by directors including Rajinder Singh Loona and Ashutosh Ashok Naik.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Vaishnavi Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹4.68 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Cr and EBITDA of -₹1.32 Cr. Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has 1 deal on record (1 acquisition); the latest was in May 2021. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Apollo Buildcon Private Limited with revenue of ₹4.78 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groww.in.
CIN History of Groww Trustee Limited
Groww Trustee has one previous CIN (Corporate Identification Number): U65991DL2008PLC176626. The current CIN is U65991KA2008PLC183561, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65991KA2008PLC183561 | Current |
| U65991DL2008PLC176626 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressVaishnavi Tech Park South Tower 3rd Floor, Survey No.16/1 And 17/2 Ambalipura Village Varthur Hobli, Bangalore, Karnataka, India – 560103
- IndustryFinancial Services, Diversified Financial 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 Trustee Limited
The main business activity of Groww Trustee is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial 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 Trustee Limited FY 2025 filings available
Groww Trustee Limited reported revenue of ₹4.68 Lakh (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Groww Trustee Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 2% fall in the latest year. EBITDA fell 3% 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 Trustee Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 | -₹1.32 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.32 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 Trustee Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Trustee are in the company report.
Financial statements from 2015
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.
Board of Directors of Groww Trustee Limited
Groww Trustee has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajinder Singh Loona Also directs: Cupid Limited, Waaree Energies Limited, Kesar Terminals & Infrastructure Limited and 1 more | Director | 03 May 2023 | 3 Years 5 Months | Current |
| Ashutosh Ashok Naik Also directs: Groww Wealth Tech Private Limited, Groww Creditserv Technology Private Limited, Groww Pay Services Private Limited and 2 more | Director | 03 May 2023 | 3 Years 5 Months | Current |
| Hemanta Kumar Pradhan | Director | 03 May 2023 | 3 Years 5 Months | Current |
| Sushil Solanki Also directs: Ratnamani Metals and Tubes Limited | Director | 03 May 2023 | 3 Years 5 Months | Current |
Peer Comparison of Groww Trustee Limited
Groww Trustee Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apollo Buildcon Private Limited | ₹4.78 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| Silvershine Commerce Private Limited | ₹4.78 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Kolkata, West Bengal, India |
| K. G. Somani Management Consultants Private Limited | ₹4.78 Lakh (FY 2024) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Simran Credit Capital Services Limited | ₹4.78 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Ludhiana, Punjab, India |
| Krishaa Tradex Private Limited | ₹4.77 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Kolkata, West Bengal, India |
| H.R. Forex and Capital Management (India) Private Limited | ₹4.76 Lakh (FY 2018) | •••• | •••• | -49.0% | •••• | Kanpur, Uttar Pradesh, India |
| Mayur Krishna Pvt Ltd | ₹4.76 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Assam, India |
| Efficent Tie-Up Private Limited | ₹4.75 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Ahmedabad, Gujarat, India |
| Balwas Investments Private Limited | ₹4.75 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Magnum Commercials and Financiers Pvt Ltd | ₹4.75 Lakh (FY 2019) | •••• | •••• | 38.0% | •••• | Kolkata, West Bengal, India |
| Groww Trustee Limited this company | ₹4.68 Lakh (FY 2026) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Groww Trustee by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Groww Trustee Limited
Groww Trustee Limited is audited by Kumar Singhal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kumar Singhal & Co. | 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.
Ownership and Shareholding of Groww Trustee 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 Trustee Limited
Groww Trustee Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Groww Trustee Limited
Groww Trustee Limited has 1 deal on record (1 acquisition); the latest was in May 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2021 | Acquisition | Undisclosed | Buyer: Groww Invest Tech Private Limited Seller: Groww Trustee Limited |
Full deal history
All 1 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.
Employees and EPFO Compliance at Groww Trustee Limited
Employment history and EPFO contributions of people linked to Groww Trustee.
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.
Recent Activity on Groww Trustee Limited
Groww Trustee Limited has 20 board changes on record since 2008: 4 appointments and 16 cessations. The latest: Ashutosh Ashok Naik was appointed as Director on 03 May 2023.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Groww Trustee 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.
MSME Payment Delays by Groww Trustee Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Groww Trustee 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 Trustee Limited
Groww Trustee has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI9148R1ZR | Maharashtra | Active | 05 Dec 2024 |
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 Trustee 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.
Related news about Groww Trustee Limited
Frequently Asked Questions about Groww Trustee Limited
Groww Trustee is an active public limited company based in Bangalore, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 April 2008 (18+ years old) and is registered under CIN U65991KA2008PLC183561.
Groww Trustee reported revenue of ₹4.68 Lakh for FY 2026 (down 2% YoY).
Groww Trustee has 4 current directors:
- Rajinder Singh Loona - Director
- Ashutosh Ashok Naik - Director
- Hemanta Kumar Pradhan - Director
- Sushil Solanki - Director
Groww Trustee reported a net loss of ₹1.32 Cr and EBITDA of -₹1.32 Cr for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Groww Trustee is -26% over three years and -17% over five years. In the latest year (FY 2026) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Groww Trustee is 27AABCI9148R1ZR, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Groww Trustee is U65991KA2008PLC183561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Groww Trustee was incorporated on 10 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Groww Trustee has 1 deal on record (1 acquisition); the latest was in May 2021.
The peers of Groww Trustee by revenue are Apollo Buildcon Private Limited, Silvershine Commerce Private Limited, K. G. Somani Management Consultants Private Limited, Simran Credit Capital Services Limited, Krishaa Tradex Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ashutosh Ashok Naik was appointed as Director on 03 May 2023. Ashutosh Ashok Naik ceased to be Additional Director on 03 May 2023. Hemanta Kumar Pradhan was appointed as Director on 03 May 2023. Groww Trustee has 20 board changes on record in total.