
Adiveer Enterprise Private Limited
About Adiveer Enterprise Private Limited
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Adiveer Enterprise Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC306649. Its GSTIN is 27AAECH4751Q1Z0 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Hiralal Riachand Private Limited. It is led by directors Shail Ketan Shah and Sheetal Ketan Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 25 9 Capri Manav Mandir Road Teen Batti Malabar Hill, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2025, the company reported a revenue of ₹41,280, a growth of 69% compared to the previous year. For the same year it recorded a net loss of ₹23,836 (net margin -57.7%) and EBITDA of -₹13,936 (EBITDA margin -33.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over five years.
Adiveer Enterprise Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0034045).
Company details
Recognitions & Rankings of Adiveer Enterprise
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0034045
Contact details
Adiveer Enterprise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address25 9 Capri Manav Mandir Road Teen Batti Malabar Hill, Mumbai, Maharashtra, India – 400006
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Adiveer Enterprise 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
Business activity
The main business activity of Adiveer Enterprise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Adiveer Enterprise Private Limited, buy the company report.
Financials of Adiveer Enterprise Private Limited
FY 2025 filings availableAdiveer Enterprise Private Limited reported revenue of ₹41,280 (up 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 69% growth in the latest year. EBITDA rose 97% 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 | -₹13,936 | ||||
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| Net Profit (PAT) | -₹23,836 | ||||
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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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| EBITDA Margin | -33.8% | ||||
| Net Profit Margin | -57.7% | ||||
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To see the full financial statements and ratios of Adiveer Enterprise Private Limited, buy the company report.
Board of directors of Adiveer Enterprise Private Limited
Adiveer Enterprise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shail Ketan Shah | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
| Sheetal Ketan Shah | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Adiveer Enterprise 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 Adiveer Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Adiveer Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH4751Q1Z0 | Maharashtra | Active | 25 Jun 2019 |
To see the full GST registrations and return filing status of Adiveer Enterprise Private Limited, buy the company report.
Recent activity
Adiveer Enterprise Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Shail Ketan Shah was appointed as Director on 16 Mar 2018.
Frequently asked questions
Adiveer Enterprise is an active private limited company based in Mumbai, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U74999MH2018PTC306649.
Adiveer Enterprise has 2 current directors:
- Shail Ketan Shah - Director
- Sheetal Ketan Shah - Director
The latest financial statements of Adiveer Enterprise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Adiveer Enterprise is 27AAECH4751Q1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Adiveer Enterprise is U74999MH2018PTC306649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adiveer Enterprise was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Shail Ketan Shah was appointed as Director on 16 Mar 2018. Sheetal Ketan Shah was appointed as Director on 16 Mar 2018.
Yes, Adiveer Enterprise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Adiveer Enterprise is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0034045).
The registered office of Adiveer Enterprise is at 25 9 Capri Manav Mandir Road Teen Batti Malabar Hill, Mumbai, Maharashtra, India – 400006.