Groyyo Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2021PTC363392 Incorporated 06 July 2021 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2024
₹446.07 Cr
▼ 13% YoY
Net loss · FY 2024
₹73.85 Cr
Net margin -16.6%
EBITDA · FY 2024
-₹58.81 Cr
EBITDA margin -13.2%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹9.69 Lakh
Issued & subscribed
Open charges
₹86.76 Cr
Satisfied ₹28 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
181
Provident fund records

About Groyyo Private Limited

Data last updated:

Groyyo Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 06 July 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2021PTC363392. Its GSTIN is 27AAJCG1210C1Z9 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹9.69 Lakh. It is led by directors Subin Kumar Mitra (Managing Director) and Pratik Tiwari.

Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹446.07 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹73.85 Cr (net margin -16.6%) and EBITDA of -₹58.81 Cr (EBITDA margin -13.2%).

The company has about 181 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Groyyo. As per MCA filings, the company has open charges of ₹86.76 Cr and satisfied charges of ₹28 Cr on record. Court records list 60 cases involving the company, including 45 filed by the company and 15 filed against it; 33 cases are pending. The company has 9 deals on record (6 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹379.93 Cr; the latest was in July 2026. The company has 4 MSME Form 1 returns on record between 2023 and 2024, listing 84 overdue payments to 20 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groyyo.com.

Company details

CIN U74999MH2021PTC363392
Registration Number 363392
Incorporation Date 06 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Groyyo Private Limited's registered office is in Mumbai, Maharashtra. Its website is groyyo.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    64 – B 6th Floor, Mittal Tower, Mumbai, Maharashtra, India – 400021
  • Industry
    E-Commerce, General E-Commerce Platforms

To see the full contact details of Groyyo Private Limited, buy the company report.

Comprehensive company report
Groyyo 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

Groyyo operates one associated brand: Groyyo. Each brand links to its own profile.

BrandDescriptionWebsite
AI-powered automation platform for MSME garment factories is provided.groyyo.com

Business activity

The main business activities of Groyyo are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Groyyo Private Limited, buy the company report.

Financials of Groyyo Private Limited

FY 2024 filings available

Groyyo Private Limited reported revenue of ₹446.07 Cr (down 13% YoY) for FY 2024.

Revenue · FY 2024
₹446.07 Cr ▼ 13%
Net loss · FY 2024
₹73.85 Cr margin -16.6%
EBITDA · FY 2024
-₹58.81 Cr margin -13.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 13%
EBITDA CAGR growth
1 year
▼ 1%

Revenue fell 13% in the latest year. EBITDA fell 1% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 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-₹58.81 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹73.85 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-13.2%
Net Profit Margin-16.6%
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 Groyyo Private Limited, buy the company report.

Board of directors of Groyyo Private Limited

Groyyo has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Subin Kumar MitraManaging Director06 Jul 20215 Years 3 MonthsCurrent
Pratik TiwariDirector06 Jul 20215 Years 3 MonthsCurrent

Auditor

Groyyo Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2023001076N/N500013

Shareholding

The shareholding of Groyyo Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Groyyo Private Limited, buy the company report.

Charges & borrowings

Open charges
₹86.76 Cr
Satisfied charges
₹28 Cr
Breakdown by lending institutions
Others₹67.26 Cr
Axis Bank Limited₹12.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹7.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Nov 2025101191077Others₹5 CrOpen
22 Nov 2024101019210Axis Bank Limited₹12 CrOpen
13 Oct 2023100853310Others₹20 CrOpen
22 Sep 2023100795203Others₹34.26 CrOpen
21 Sep 2023100927326Others₹8 CrOpen

To see the full charge records of Groyyo Private Limited, buy the company report.

Total charge records: 8 View all charges

Deals & funding

Groyyo Private Limited has 9 deals on record (6 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹379.93 Cr; the latest was in July 2026.

Total deals
9
Funding rounds
6
Debt financings
2
Secondary share transfer
1
Disclosed funding
₹379.93 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Jul 2026Funding round · Series B₹90 CrInvestors: Cornerstone Venture Partners Fund (CSVP Fund), Others Undisclosed Investors
Jan 2024Debt financing₹44.9 CrInvestors: Lighthouse Canton, Trifecta Capital
Oct 2023Debt financing₹8 CrInvestors: Lighthouse Canton
Jun 2022Funding round · Series A₹210.26 CrInvestors: Tiger Global, Alpha Wave Global, Sparrow Capital
Apr 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Sparrow Capital

To see the full deal history of Groyyo Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Groyyo Private Limited has 4 MSME Form 1 returns on record between 2023 and 2024, listing 84 overdue payments to 20 micro and small suppliers. 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 (5 of 20)

SupplierAmount dueDue sinceReported on
an individual supplier
SKR Apparels Private Limited
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Groyyo Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Groyyo Private Limited has a workforce of 142 employees on its EPFO records as of Jan 21, 2025, across 1 active EPFO establishment.

Employee count
142
Active EPFO establishments
1
Employee growth
-20.67%

GST

Groyyo has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AAJCG1210C1Z9MaharashtraActive06 Sep 2021
06AAJCG1210C1ZDHaryanaActive17 Sep 2021

To see the full GST registrations and return filing status of Groyyo Private Limited, buy the company report.

Recent activity

Groyyo Private Limited has 4 board changes on record since 2021: 2 appointments and 2 cessations. The latest: Ridam Upadhyay ceased to be Director on 24 Mar 2025.

Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 101191077 was registered on 25 Nov 2025.
Charges
A charge with Others of Rs. 3,426.36 Lakh registered on 22 Sep 2023 with Charge ID 100795203 was modified on 24 Jul 2025.
Ceased
Ridam Upadhyay ceased to be Director.
AGM
Groyyo Private Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 1,200.00 Lakh with Charge ID 101019210 was registered on 22 Nov 2024.
Charges
A charge registered on 24 Dec 2021 via Charge ID 100528812 with Others was fully satisfied on 24 Sep 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 750.00 Lakh registered on 04 Oct 2022 with Charge ID 100622260 was modified on 20 Aug 2024.
Charges
A charge registered on 15 Feb 2023 via Charge ID 100680759 with Others was fully satisfied on 04 Jun 2024.
Filing
Groyyo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 2,000.00 Lakh with Charge ID 100853310 was registered on 13 Oct 2023.
Charges
A charge with Others amounted to Rs. 3,426.36 Lakh with Charge ID 100795203 was registered on 22 Sep 2023.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 100927326 was registered on 21 Sep 2023.

7 earlier events are in the company report.

Frequently asked questions

Groyyo is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 06 July 2021 (5+ years old) and is registered under CIN U74999MH2021PTC363392.

Groyyo has 2 current directors:

The latest financial statements of Groyyo on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Groyyo is 27AAJCG1210C1Z9, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAJCG1210C1ZD (Haryana).

The CIN (Corporate Identification Number) of Groyyo is U74999MH2021PTC363392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Groyyo has 60 court cases on record: 45 filed by the company and 15 filed against it. 33 are pending. Most are in the district courts.

Groyyo was incorporated on 06 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

Groyyo has 9 deals on record (6 funding rounds, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹379.93 Cr; the latest was in July 2026.

Ridam Upadhyay ceased to be Director on 24 Mar 2025. Subin Kumar Mitra ceased to be Director on 21 Jul 2022. Pratik Tiwari was appointed as Director on 06 Jul 2021. Groyyo has 4 board changes on record in total.

Groyyo has 4 MSME Form 1 returns on record between 2023 and 2024, listing 84 overdue payments to 20 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Groyyo can be reached through the website groyyo.com. Its registered office is in Mumbai, Maharashtra, India.