About GROWFITTER PRIVATE LIMITED
GROWFITTER PRIVATE LIMITED is a Private Limited Company and was incorporated on May 19, 2016 in India. It is registered at Registrar of Companies, ROC Mumbai. Its registered address is B/104 1st Floor, Shree Sainath Society CHS Anand Nagar, Vakola Police Lane Santacru, z East, Mumbai City, Mumbai, Maharashtra, India, 400055. Its corporate identification number is (CIN) U93000MH2016PTC281315 and its current status is Active. Its industry classification as per MCA is other Service Activities.
GROWFITTER PRIVATE LIMITED's last Annual General Meeting (AGM) was held on Sep 30, 2022 as per records from Ministry of Corporate Affairs (MCA). GROWFITTER PRIVATE LIMITED's authorised share capital is ₹20L and its paid up capital is ₹8.1L. The current board of directors of GROWFITTER PRIVATE LIMITED comprises Harshit Sethy, Sanmati Pande and 1 more.
GROWFITTER PRIVATE LIMITED generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2021.
Contact Details for GROWFITTER PRIVATE LIMITED
- *****@growfitter.com
- Registered Address
- B/104 1st Floor, Shree Sainath Society CHS Anand Nagar, Vakola Police Lane Santacru, z East, Mumbai City, Mumbai, Maharashtra, India, 400055
Brands associated with GROWFITTER PRIVATE LIMITED
Name | Short Description | Founded Year | Location | Current Stage |
|---|---|---|---|---|
Provider of a gamified digital health reward platform that adds financial benefits to physical activity | 2016 | Seed |
Principal Business Activity of GROWFITTER PRIVATE LIMITED
Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
S | Personal and Household service | S1 | Activities of membership organisations | oxk |
Documents of GROWFITTER PRIVATE LIMITED
Filing Summary
Here is a summary of filing activity and document availability across financial years:
File Type | FY 21-22 | FY 20-21 | FY 19-20 | FY 18-19 | FY 17-18 |
|---|---|---|---|---|---|
Financial Statements | - | ||||
Annual Returns |
Latest Financials, Share Allotment and Annual Report
The latest filed financial documents, annual reports, and share allotment filings are shown below:
Recent Filings
Below are the most recent filings submitted by the company:
Document Name | Category | Filing Date |
|---|---|---|
Form ADT-3 | Other eForm Documents | Jun 01, 2026 |
Resignation letter | Other eForm Documents | Jun 01, 2026 |
Form MGT-14 | Other eForm Documents | Jul 29, 2024 |
Optional attachment(s) - if any | Other eForm Documents | Jul 29, 2024 |
Copy(s) of resolution(s) along with copy of explanatory statement under section 173 | Other eForm Documents | Jul 29, 2024 |
Optional attachment(s)- if any | Other eForm Documents | Feb 16, 2024 |
Optional attachment(s)- if any | Other eForm Documents | Feb 16, 2024 |
Optional attachment(s)- if any | Other eForm Documents | Feb 16, 2024 |
Optional attachment(s)- if any | Other eForm Documents | Feb 16, 2024 |
Optional attachment(s)- if any | Other eForm Documents | Feb 16, 2024 |
Financials of GROWFITTER PRIVATE LIMITED
Financial Statement Summary
Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 1048 | 8889 | 7282 | 4188 | 5444 |
Total Sales | 2891 | 2142 | 1820 | 4780 | 4009 |
Total Expenses | 8548 | 9588 | 7822 | 1568 | 5806 |
Operating Expenses | 9670 | 1433 | 4688 | 3870 | 3671 |
Employee Expenses | 2104 | 8596 | 6913 | 1319 | 1749 |
Operating Income (EBIT) | 7513 | 5207 | 9271 | 4523 | 9980 |
Interest Expenses | 2008 | 3112 | 4940 | 9417 | 1076 |
Expenses from other activities | 2866 | 9664 | 4695 | 1660 | 3013 |
EBITDA | 3958 | 5278 | 4284 | 9835 | 3331 |
Taxes | 7179 | 8360 | 5973 | 7618 | 5787 |
Net Profit | 7672 | 2753 | 8190 | 5026 | 2690 |
Balance Sheet | |||||
Assets | 1687 | 8441 | 2901 | 7343 | 6667 |
Accounts Receivables | 2750 | 8317 | 9958 | 6806 | 4599 |
Inventory | 6274 | 5644 | 6023 | 7339 | 9603 |
Liabilities | 9693 | 7821 | 9996 | 8267 | 1788 |
Total Debt | 3406 | 7682 | 1500 | 9172 | 2742 |
Accounts Payable | 4829 | 5445 | 1549 | 3929 | 8837 |
Equities | 2501 | 8502 | 2801 | 9647 | 7714 |
Ratios
Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
Profitability Ratios | |||||
EBITDA Margin | 3209 | 8581 | 8543 | 5273 | 4071 |
EBIT Margin | 2257 | 7131 | 7111 | 8583 | 4423 |
Net Profit Margin | 5668 | 5595 | 5714 | 7496 | 8636 |
Return on Assets (ROA) | 2581 | 3772 | 1505 | 9776 | 7056 |
Return on Equity (ROE) | 4912 | 1544 | 1366 | 5175 | 9030 |
Return on Capital Employed | 5878 | 7516 | 9848 | 9462 | 6405 |
Return on Invested Capital | 2977 | 6970 | 9722 | 7849 | 4725 |
Efficiency Ratios | |||||
Asset Turnover | 9467 | 4726 | 1960 | 2351 | 7340 |
Receivables Turnover | 4975 | 9758 | 9249 | 4002 | 4095 |
Days Sales Outstanding | 6843 | 5256 | 4764 | 9805 | 6903 |
Inventory Turnover | 2202 | 7313 | 7319 | 2154 | 7448 |
Days Inventory Outstanding | 2358 | 4206 | 8836 | 4743 | 7133 |
Payables Turnover | 3912 | 2844 | 5080 | 1213 | 4794 |
Days Payables Outstanding | 6496 | 1808 | 8753 | 5603 | 2476 |
Liquidity Ratios | |||||
Current Ratio | 1418 | 5729 | 1424 | 1503 | 5605 |
Quick Ratio | 2943 | 1109 | 1188 | 7565 | 2960 |
Debt Ratios | |||||
Debt-to-Equity Ratio | 5817 | 2377 | 6546 | 7283 | 3179 |
Debt Ratio | 1827 | 8465 | 3750 | 6643 | 5530 |
Interest Coverage Ratio | 2326 | 8382 | 5714 | 2644 | 4346 |
Debt Service Coverage Ratio | 2004 | 2955 | 7242 | 9517 | 4466 |
Net Debt/EBITDA | 6779 | 6407 | 7365 | 3611 | 5414 |
Growth Ratios | |||||
Revenue Growth Rate (CAGR) | 8501 | 9542 | 7659 | 2389 | 3830 |
Earnings Growth Rate (CAGR) | 1032 | 8682 | 3982 | 9056 | 6664 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
Compounded Annual Growth Rate of GROWFITTER PRIVATE LIMITED
Revenue CAGR | Growth |
|---|---|
1 Year | -93% |
3 Year | 683 |
5 Year | 742 |
EBITDA CAGR | Growth |
|---|---|
1 Year | -8% |
3 Year | 681 |
5 Year | 734 |
MSME Payment Delays by GROWFITTER PRIVATE LIMITED
GSTIN Details of GROWFITTER PRIVATE LIMITED
Board of Directors and Signatories of GROWFITTER PRIVATE LIMITED
Board of Directors of GROWFITTER PRIVATE LIMITED
Name | Designation | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | May 19, 2016 | 10 Years 4 Months | |
Director | Current | May 19, 2016 | 10 Years 4 Months | |
Additional Director | Current | Apr 10, 2025 | 1 Year 6 Months |
Signatories of GROWFITTER PRIVATE LIMITED
Name | Designation(s) | Status | Appointment Date | Duration |
|---|---|---|---|---|
Director | Current | May 19, 2016 | 10 Years 4 Months | |
Director | Current | May 19, 2016 | 10 Years 4 Months |
Cross Directorships of GROWFITTER PRIVATE LIMITED
Legal Entity Name | % of Common Directors | Common Director(s) | Open Charge(s) | Active Legal Case(s) |
|---|---|---|---|---|
GYMTREKKER FITNESS PRIVATE LIMITED CIN: U93090MH2015PTC262385, India, Strike off | 444 | 585 | 510 | 673 |
Funding and Investors of GROWFITTER PRIVATE LIMITED
Growfitter, the brand associated with GROWFITTER PRIVATE LIMITED, has raised a total funding of $2.7M over 6 rounds. Its first funding round was on Mar 06, 2017. Its latest funding round was a Seed round on Aug 2023 for $*****. 1 investor participated in its latest round. Growfitter has 35 institutional investors and 70 angel investors.
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 2023 | 7258810 | Seed | 9639571 | 8687321 | 4388700 | 9592783 |
Aug 04, 2022 | 3543119 | Seed | 1205984 | 8103917 | 6727138 | |
Feb 17, 2022 | 3574974 | Seed | 7044108 | 5758646 | 7233941 |
Legal Cases involving GROWFITTER PRIVATE LIMITED
Competitors & Alternates of GROWFITTER PRIVATE LIMITED
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | $717M | 85/100 | ||
2nd | Kaia Health 2016, New York City (United States), Acquired | Provider of digital musculoskeletal pain management solutions | $125M | 73/100 | |
3rd | Provider of virtual yoga sessions and habit building wellness programs | - | - | 72/100 | |
4th | Exos 1999, Phoenix (United States), Acquired | Provider of human performance coaching, training, and well-being solutions | $32.1M | 70/100 | |
5th | Noom 2008, New York City (United States), Series F | Provider of a digital platform for weight loss management and behavior change | $624M | 68/100 | |
6th | Aaptiv 2016, New York City (United States), Acquired | Mobile application offering audio-based fitness training content | $60.5M | 61/100 | |
7th | Wondr Health 2007, Dallas (United States), Acquired | Provider of digital behavior change programs for metabolic and emotional health | - | 61/100 | |
8th | Lark Health 2011, Mountain View (United States), Series D | AI-powered platform offering various fitness and wellness services | $162M | 61/100 | |
9th | MapMyFitness 2007, Austin (United States), Acquired | Mobile application for personalized fitness training | $19.2M | 57/100 | |
10th | Glo 2008, Santa Monica (United States), Unfunded | Online platform providing yoga, meditation, and Pilates training | - | - | 57/100 |
70th | Growfitter 2016, Mumbai (India), Seed | Provider of a gamified digital health reward platform that adds financial benefits to physical activity | $2.7M | 44/100 |