MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0037597
Never Grow Up Workshops Private Limited - events and entertainment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.23 Cr
▲ 5% YoY
Net profit · FY 2025
₹7.34 Lakh
Net margin 1.2%
EBITDA · FY 2025
₹42.09 Lakh
EBITDA margin 6.8%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹70 Lakh
Company age
17 yrs
Est. 2009
Employees · EPFO
54
Provident fund records
About Never Grow Up Workshops Private Limited
Data last updated:
Never Grow Up Workshops Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the event planning and management segment of the events and entertainment sector. It was incorporated on 11 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U92490MH2009PTC197029. Its GSTIN is 27AADCN1595K1Z3 (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shazia Asif Upadhye and Asif Nazir Upadhye.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 5/A Basant Mahal Nana Phadnavis Road Wadala East, Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.23 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹7.34 Lakh (net margin 1.2%) and EBITDA of ₹42.09 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 18% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹70 Lakh on record.
Never Grow Up Workshops Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0037597). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website willnevergrowup.com.
Company details
CIN U92490MH2009PTC197029
Registration Number 197029
Incorporation Date 11 November 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0037597
Recognitions & Rankings of Never Grow Up Workshops
Contact details
Never Grow Up Workshops Private Limited's registered office is in Mumbai, Maharashtra. Its website is willnevergrowup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5/A Basant Mahal Nana Phadnavis Road Wadala East, Mumbai, Maharashtra, India – 400037
- IndustryEvents and Entertainment, Event Planning & Management
To see the full contact details of Never Grow Up Workshops Private Limited, buy the company report.
Comprehensive company report
Never Grow Up Workshops 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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Business activity
The main business activity of Never Grow Up Workshops is professional, scientific and technical activities. In detail, this covers activities of head offices; management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Never Grow Up Workshops Private Limited, buy the company report.
Financials of Never Grow Up Workshops Private Limited
FY 2024 filings availableNever Grow Up Workshops Private Limited reported revenue of ₹6.23 Cr (up 5% YoY) for FY 2025.
Revenue · FY 2025
₹6.23 Cr ▲ 5%
Net profit · FY 2025
₹7.34 Lakh margin 1.2%
EBITDA · FY 2025
₹42.09 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 6%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 310%
3 years · compounded
▼ 33%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 5% growth in the latest year. EBITDA rose 310% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹42.09 Lakh | ||||
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| Net Profit (PAT) | ₹7.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.8% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Never Grow Up Workshops Private Limited, buy the company report.
Board of directors of Never Grow Up Workshops Private Limited
Never Grow Up Workshops has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shazia Asif Upadhye Also directs: Abstract Intelligence Private Limited, Good Wave Foundation | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
| Asif Nazir Upadhye | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
Auditor
Never Grow Up Workshops Private Limited is audited by A. G. Shendye & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. G. Shendye & Co. | FY 2023 | 137751W |
Shareholding
The shareholding of Never Grow Up Workshops Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Never Grow Up Workshops Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2023 | 100694679 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 06 Apr 2021 | 100447660 | Others | ₹40 Lakh | Satisfied | |
| 27 Sep 2019 | 100293597 | Others | ₹30 Lakh | Satisfied |
To see the full charge records of Never Grow Up Workshops Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Never Grow Up Workshops Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Never Grow Up Workshops Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Never Grow Up Workshops has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Never Grow Up Workshops Private Limited has a workforce of 54 employees on its EPFO records as of Jul 22, 2025, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
-1.82%
GST
Never Grow Up Workshops has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1595K1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Never Grow Up Workshops Private Limited, buy the company report.
Recent activity
Never Grow Up Workshops Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Asif Nazir Upadhye was appointed as Director on 11 Nov 2009.
AGM
Never Grow Up Workshops Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Never Grow Up Workshops Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 27 Sep 2019 via Charge ID 100293597 with Others was fully satisfied on 30 May 2023.
Charges
A charge registered on 06 Apr 2021 via Charge ID 100447660 with Others was fully satisfied on 03 Mar 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100694679 was registered on 17 Feb 2023.
Charges
A charge with Others amounted to Rs. 40.00 Lakh with Charge ID 100447660 was registered on 06 Apr 2021.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100293597 was registered on 27 Sep 2019.
Appointed
Asif Nazir Upadhye was appointed as Director.
Appointed
Shazia Asif Upadhye was appointed as Director.
Incorporation
11 Nov 2009
Never Grow Up Workshops Private Limited was registered on 11 Nov 2009 with Roc Mumbai & aged 16 years 11 months as per MCA records.
Frequently asked questions
Never Grow Up Workshops is an active private limited company based in Mumbai, Maharashtra, India. The company works in event planning and management, within the events and entertainment industry. It was incorporated on 11 November 2009 (17+ years old) and is registered under CIN U92490MH2009PTC197029.
Never Grow Up Workshops has 2 current directors:
- Shazia Asif Upadhye - Director
- Asif Nazir Upadhye - Director
The latest financial statements of Never Grow Up Workshops on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Never Grow Up Workshops is 27AADCN1595K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Never Grow Up Workshops is U92490MH2009PTC197029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Never Grow Up Workshops was incorporated on 11 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Asif Nazir Upadhye was appointed as Director on 11 Nov 2009. Shazia Asif Upadhye was appointed as Director on 11 Nov 2009.
Yes, Never Grow Up Workshops is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0037597).
Never Grow Up Workshops can be reached through the website willnevergrowup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Never Grow Up Workshops is at 5A Basant Mahal Nana Phadnavis Road Wadala East, Mumbai, Maharashtra, India – 400037.
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