About Simply Grow Technologies Private Limited
Data last updated:
Simply Grow Technologies Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 28 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC111181. Its GSTIN is 36AAXCS5142B2Z6 (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.34 Lakh. It is led by directors including Manoj Kumar Trivedi and Vaidehi Swarna Medury.
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 No. 53 Maple Town Sun City Hydershakote Don Bosco Post, Hyderabad, Telangana, India – 500048.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.67 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹21.26 Lakh (net margin -8%) and EBITDA of ₹18.49 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 84% over five years.
The company is associated with 3 brands: Jama Wealth, Jama and MaxiomWealth. The company has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in July 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jama.co.in.
Company details
Contact details
Simply Grow Technologies Private Limited's registered office is in Hyderabad, Telangana. Its website is jama.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressNo. 53 Maple Town Sun City Hydershakote Don Bosco Post, Hyderabad, Telangana, India – 500048
- IndustryInternet, Online Financial Services
To see the full contact details of Simply Grow Technologies Private Limited, buy the company report.
- 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
Brands
Simply Grow Technologies operates multiple associated brands including Jama Wealth, Jama, and MaxiomWealth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wealth management and financial tools are offered through an app that requires JavaScript. | jamawealth.com | |
| Wealth management services via an app in the USA. | jama.co.in | |
| Investment advisory firm providing clean and unbiased equity portfolios to help individuals achieve financial independence and wealth growth | maxiomwealth.com |
Business activity
The main business activity of Simply Grow Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Simply Grow Technologies Private Limited, buy the company report.
Financials of Simply Grow Technologies Private Limited
FY 2024 filings availableSimply Grow Technologies Private Limited reported revenue of ₹2.67 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 84% over five years, including 31% growth in the latest year. EBITDA fell 79% 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 |
|---|---|---|---|---|---|
| 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 | ₹18.49 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹21.26 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | -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 | |||||
To see the full financial statements and ratios of Simply Grow Technologies Private Limited, buy the company report.
Board of directors of Simply Grow Technologies Private Limited
Simply Grow Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Trivedi Also directs: Maxiom Asset Management Private Limited | Director | 15 Nov 2019 | 6 Years 11 Months | Current |
| Vaidehi Swarna Medury Also directs: Technoscion Solutions LLP | Director | 28 Jul 2016 | 10 Years 2 Months | Current |
| Ram Kalyan Kumar Medury Also directs: Technoscion Solutions LLP, Maxiom Asset Management Private Limited | Director | 28 Jul 2016 | 10 Years 2 Months | Current |
Auditor
Simply Grow Technologies Private Limited is audited by CB & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CB & ASSOCIATES | FY 2022 | 012596S |
Shareholding
The shareholding of Simply Grow Technologies Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Simply Grow Technologies Private Limited, buy the company report.
Deals & funding
Simply Grow Technologies Private Limited has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in July 2019.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Rights issue | ₹48.5 Lakh | Investors: 3 individuals |
| Apr 2019 | Funding round | ₹90 Lakh | Investors: 4 individuals |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2018 | Rights issue | ₹40 Lakh | Investors: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Simply Grow Technologies 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 Simply Grow Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Simply Grow Technologies has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAXCS5142B2Z6 | Telangana | Active | 04 Sep 2017 |
To see the full GST registrations and return filing status of Simply Grow Technologies Private Limited, buy the company report.
Recent activity
Simply Grow Technologies Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Manoj Kumar Trivedi ceased to be Additional Director on 31 Dec 2020.
Frequently asked questions
Simply Grow Technologies is an active private limited company based in Hyderabad, Telangana, India. The company works in online financial services, within the internet industry. It was incorporated on 28 July 2016 (10+ years old) and is registered under CIN U74999TG2016PTC111181.
Simply Grow Technologies has 3 current directors:
- Manoj Kumar Trivedi - Director
- Vaidehi Swarna Medury - Director
- Ram Kalyan Kumar Medury - Director
The latest financial statements of Simply Grow Technologies 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 FY 2017 are in the company report.
The GSTIN of Simply Grow Technologies is 36AAXCS5142B2Z6, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Simply Grow Technologies is U74999TG2016PTC111181. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simply Grow Technologies was incorporated on 28 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Simply Grow Technologies has 5 deals on record (2 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹90 Lakh; the latest was in July 2019.
Manoj Kumar Trivedi ceased to be Additional Director on 31 Dec 2020. Manoj Kumar Trivedi was appointed as Director on 15 Nov 2019. Ram Kalyan Kumar Medury was appointed as Director on 28 Jul 2016. Simply Grow Technologies has 4 board changes on record in total.
Simply Grow Technologies can be reached through the website jama.co.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Simply Grow Technologies is at No. 53 Maple Town Sun City Hydershakote Don Bosco Post, Hyderabad, Telangana, India – 500048.