
About Grow-Wel Engineering Export Private Limited
Data last updated:
Grow-Wel Engineering Export Private Limited is a private limited company based in Main Gate, Bangalore, Karnataka, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 22 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1994PTC016296. Its GSTIN is 29AABCG5480A1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.54 Lakh. It is led by directors including Jayasheela Hodrali Venkatesh (Whole-Time Director) and Seema Kannukere Sridharamurthy (Whole-Time Director).
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 2/2 Second Floor Lalbagh Roadmain Gate Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.83 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹74.35 Lakh (net margin 5.8%) and EBITDA of ₹1.15 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grow-wel.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2/2 Second Floor Lalbagh Roadmain Gate Bangalore, Karnataka, India – 560004
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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 Grow-Wel Engineering Export Private Limited
The main business activity of Grow-Wel Engineering Export is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | 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 Grow-Wel Engineering Export Private Limited FY 2025 filings available
Grow-Wel Engineering Export Private Limited reported revenue of ₹12.83 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grow-Wel Engineering Export Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 22% growth in the latest year. EBITDA rose 10% 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 Grow-Wel Engineering Export 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 | ₹1.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹74.35 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 of Grow-Wel Engineering Export Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| 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 Grow-Wel Engineering Export 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.
Peer Comparison of Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Reena Mechanicals Private Limited | •••• | •••• | •••• | •••• | 22 | Nagpur, Maharashtra, India |
| Mithila Quality Products Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Superior Services Advertising Private Limited | •••• | •••• | •••• | •••• | - | Jabalpur, Madhya Pradesh, India |
| Bombay Machinery Stores Shevgaon Private Limited | •••• | •••• | •••• | •••• | - | Shevgaon, Maharashtra, India |
| Sarc Projects Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Grow-Wel Engineering Export Private Limited this company | •••• | •••• | •••• | •••• | - | Main Gate, Bangalore, Karnataka, India |
| Kumkang Kind India Private Limited | •••• | •••• | •••• | •••• | 34 | Pune, Maharashtra, India |
| Cinque Solutions Private Limited | •••• | •••• | •••• | •••• | 13 | Thane, Maharashtra, India |
| Fayon India Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Rajent Enterprises Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Ka Wholesale Traders Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Grow-Wel Engineering Export by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), 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 Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export Private Limited is audited by ABHIRAM BHAT H.R for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ABHIRAM BHAT H.R | 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 Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayasheela Hodrali Venkatesh | Whole-Time Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Seema Kannukere Sridharamurthy | Whole-Time Director | 17 Nov 2001 | 24 Years 10 Months | Current |
| Venkatesh Rao Hodrali Ramachandra | Whole-Time Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Hodrali Venkatesh Rao Sudindra | Whole-Time Director | 17 Nov 2001 | 24 Years 10 Months | Current |
Ownership and Shareholding of Grow-Wel Engineering Export 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 Grow-Wel Engineering Export Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Nov 2003 | Koteshwara Co-Op Bank Ltd | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Grow-Wel Engineering Export Private Limited
Employment history and EPFO contributions of people linked to Grow-Wel Engineering Export.
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 Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Hodrali Venkatesh Rao Raghavendra ceased to be Whole-Time Director on 29 Nov 2025.
Credit Ratings, Litigation & Regulatory Alerts for Grow-Wel Engineering Export 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.
MSME Payment Delays by Grow-Wel Engineering Export Private 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 Grow-Wel Engineering Export 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 Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG5480A1ZT | Karnataka | Active | 01 Jul 2017 |
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 Grow-Wel Engineering Export 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 Grow-Wel Engineering Export Private Limited
Grow-Wel Engineering Export is an active private limited company based in Main Gate, Bangalore, Karnataka, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 22 September 1994 (32+ years old) and is registered under CIN U51909KA1994PTC016296.
Grow-Wel Engineering Export reported revenue of ₹12.83 Cr for FY 2025 (up 22% YoY).
Grow-Wel Engineering Export has 4 current directors:
- Jayasheela Hodrali Venkatesh - Whole-Time Director
- Seema Kannukere Sridharamurthy - Whole-Time Director
- Venkatesh Rao Hodrali Ramachandra - Whole-Time Director
- Hodrali Venkatesh Rao Sudindra - Whole-Time Director
Grow-Wel Engineering Export reported a net profit of ₹74.35 Lakh (net margin 5.8%) and EBITDA of ₹1.15 Cr (EBITDA margin 9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grow-Wel Engineering Export is 27% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grow-Wel Engineering Export is 29AABCG5480A1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Grow-Wel Engineering Export is U51909KA1994PTC016296. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grow-Wel Engineering Export was incorporated on 22 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Grow-Wel Engineering Export by revenue are Reena Mechanicals Private Limited, Mithila Quality Products Private Limited, Superior Services Advertising Private Limited, Bombay Machinery Stores Shevgaon Private Limited, Sarc Projects Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Hodrali Venkatesh Rao Raghavendra ceased to be Whole-Time Director on 29 Nov 2025. Jayasheela Hodrali Venkatesh was appointed as Whole-Time Director on 01 Apr 2023. Venkatesh Rao Hodrali Ramachandra was appointed as Whole-Time Director on 01 Apr 2023. Grow-Wel Engineering Export has 7 board changes on record in total.
Grow-Wel Engineering Export can be reached through the website grow-wel.com. Its registered office is in Main Gate, Bangalore, Karnataka, India.