MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-20-0035384
Plusgrow Merchantry Private Limited - automotive in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.98 Cr
▼ 9% YoY
Net loss · FY 2025
₹46.86 Lakh
Net margin -5.9%
EBITDA · FY 2025
₹57.17 Lakh
EBITDA margin 7.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.06 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
About Plusgrow Merchantry Private Limited
Data last updated:
Plusgrow Merchantry Private Limited is a private limited company based in Nagpur, Maharashtra, India, a subsidiary of Plusgrow Holdings Private Limited. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 17 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2018PTC318387. Its GSTIN is 27AAKCP2525Q1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vibhore Premanand Agrawal (Whole-Time Director) and Rahul Khullar.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at T – 31 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.98 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹46.86 Lakh (net margin -5.9%) and EBITDA of ₹57.17 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 15% over five years.
The company is associated with 2 brands: Motousher and PlusGrow Group. As per MCA filings, the company has open charges of ₹2.06 Cr on record.
Plusgrow Merchantry Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0035384). For more details, the company can be reached via its website plusgrow.org.
Company details
CIN U51909MH2018PTC318387
Registration Number 318387
Incorporation Date 17 December 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Plusgrow Holdings Private Limited
MSME Classification Small
Udyam Registration UDYAM-MH-20-0035384
Key People
Vibhore Premanand Agrawal Whole-Time Director Rahul Khullar Director Meera Khullar Director Recognitions & Rankings of Plusgrow Merchantry
Contact details
Plusgrow Merchantry Private Limited's registered office is in Nagpur, Maharashtra. Its website is plusgrow.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressT – 31 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Plusgrow Merchantry Private Limited, buy the company report.
Comprehensive company report
Plusgrow Merchantry 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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Secure checkout · GST invoice included
Brands
Plusgrow Merchantry operates two associated brands: Motousher and PlusGrow Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers coal industry, imports, trade, and warehousing solutions globally. | plusgrow.org | |
| Importing and distributing motorcycle parts, accessories, and consumables in India. | motousher.com |
Business activity
The main business activity of Plusgrow Merchantry is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Plusgrow Merchantry Private Limited, buy the company report.
Financials of Plusgrow Merchantry Private Limited
FY 2025 filings availablePlusgrow Merchantry Private Limited reported revenue of ₹7.98 Cr (down 9% YoY) for FY 2025.
Revenue · FY 2025
₹7.98 Cr ▼ 9%
Net loss · FY 2025
₹46.86 Lakh margin -5.9%
EBITDA · FY 2025
₹57.17 Lakh margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 5%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 6%
5 years · compounded
▲ 17%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 37% 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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| Total Expenses | |||||
| EBITDA | ₹57.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹46.86 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | -5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Plusgrow Merchantry Private Limited, buy the company report.
Board of directors of Plusgrow Merchantry Private Limited
Plusgrow Merchantry has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Khullar Also directs: Plusgrow Holdings Private Limited | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
| Vibhore Premanand Agrawal Also directs: Artopus Creatives (OPC) Private Limited | Whole-Time Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Meera Khullar | Director | 17 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Plusgrow Merchantry Private Limited is audited by P T CHHABRIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P T CHHABRIA & CO | FY 2021 | 101790W |
Shareholding
The shareholding of Plusgrow Merchantry Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Plusgrow Merchantry Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.06 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2025 | 101178866 | Hdfc Bank Limited | ₹24 Lakh | Open | |
| 25 Jul 2023 | 100759266 | Hdfc Bank Limited | ₹1.82 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Plusgrow Merchantry 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 Plusgrow Merchantry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Plusgrow Merchantry has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP2525Q1ZU | Maharashtra | Active | 01 Jan 2019 |
| 29AAKCP2525Q1ZQ | Karnataka | Active | 09 Mar 2020 |
To see the full GST registrations and return filing status of Plusgrow Merchantry Private Limited, buy the company report.
Recent activity
Plusgrow Merchantry Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Rahul Khullar ceased to be Director on 29 Nov 2023.
AGM
Plusgrow Merchantry Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.00 Lakh with Charge ID 101178866 was registered on 25 Sep 2025.
Filing
Plusgrow Merchantry Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Rahul Khullar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 182.00 Lakh with Charge ID 100759266 was registered on 25 Jul 2023.
Ceased
Meera Khullar ceased to be Director.
Appointed
Vibhore Premanand Agrawal was appointed as Whole-Time Director.
Appointed
Meera Khullar was appointed as Director.
Appointed
Rahul Khullar was appointed as Director.
Incorporation
17 Dec 2018
Plusgrow Merchantry Private Limited was registered on 17 Dec 2018 with Roc Mumbai & aged 7 years 10 months as per MCA records.
Frequently asked questions
Plusgrow Merchantry is an active private limited company based in Nagpur, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 17 December 2018 (8+ years old) and is registered under CIN U51909MH2018PTC318387.
Plusgrow Merchantry has 3 current directors:
- Vibhore Premanand Agrawal - Whole-Time Director
- Rahul Khullar - Director
- Meera Khullar - Director
The latest financial statements of Plusgrow Merchantry on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Plusgrow Merchantry is 27AAKCP2525Q1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAKCP2525Q1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Plusgrow Merchantry is U51909MH2018PTC318387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plusgrow Merchantry was incorporated on 17 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Rahul Khullar ceased to be Director on 29 Nov 2023. Meera Khullar ceased to be Director on 12 Apr 2022. Vibhore Premanand Agrawal was appointed as Whole-Time Director on 01 Apr 2021. Plusgrow Merchantry has 5 board changes on record in total.
Yes, Plusgrow Merchantry is registered as a small enterprise under Udyam registration (number: UDYAM-MH-20-0035384).
Plusgrow Merchantry can be reached through the website plusgrow.org. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Plusgrow Merchantry is at T – 31 MIDC Industrial Area Hingna Road, Nagpur, Maharashtra, India – 440016.