About Artemide Lighting India Private Limited
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Artemide Lighting India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vectra Project Lighting Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC209179. Its GSTIN is 27AAICA9204D1ZW (Maharashtra).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.74 Cr. It was formerly known as Artemide India Private Limited. It is led by directors including Prakash Sadhuram Chhabria (Managing Director) and Akshita Prakash Chhabria.
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 Unit No 5 Second Floor Raghuvanshi Mill Compound S. B. Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.78 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹45,737 (net margin -1.3%) and EBITDA of -₹58,631 (EBITDA margin -1.6%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 36% over five years.
The company is associated with 1 brand: Artemide. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website artemide.com.
Company details
Contact details
Artemide Lighting India Private Limited's registered office is in Mumbai, Maharashtra. Its website is artemide.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No 5 Second Floor Raghuvanshi Mill Compound S. B. Marg Lower Parel (West), Mumbai, Maharashtra, India – 400013
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Artemide Lighting India 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
Artemide Lighting India operates one associated brand: Artemide. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lighting solutions for residential and professional applications are offered. | artemide.com |
Business activity
The main business activity of Artemide Lighting India 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 Artemide Lighting India Private Limited, buy the company report.
Financials of Artemide Lighting India Private Limited
FY 2025 filings availableArtemide Lighting India Private Limited reported revenue of ₹35.78 Lakh (down 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 58% fall in the latest year. EBITDA rose 54% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹58,631 | ||||
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| Net Profit (PAT) | -₹45,737 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -1.6% | ||||
| Net Profit Margin | -1.3% | ||||
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To see the full financial statements and ratios of Artemide Lighting India Private Limited, buy the company report.
Board of directors of Artemide Lighting India Private Limited
Artemide Lighting India has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Sadhuram Chhabria Also directs: Shimera Project Lighting Private Limited, Atlantis Lighting Private Limited, Asun Lighting India Private Limited and 4 more | Managing Director | 20 Oct 2010 | 16 Years 0 Months | Current |
| Akshita Prakash Chhabria Also directs: Shimera Project Lighting Private Limited, Atlantis Lighting Private Limited, Vectra Project Lighting Private Limited and 3 more | Nominee Director | 01 Mar 2021 | 5 Years 7 Months | Current |
| Alain Taillandier | Nominee Director | 21 Dec 2012 | 13 Years 10 Months | Current |
| Carlo Maconi | Nominee Director | 14 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Artemide Lighting India Private Limited is audited by JITENDRA SANGHAVI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JITENDRA SANGHAVI & CO | FY 2018 | 104299W |
Shareholding
The shareholding of Artemide Lighting India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Artemide Lighting India Private Limited, buy the company report.
Legal cases
Artemide Lighting India Private Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed against the company by Luce Italia Pvt. Ltd Director Abishek Arvindbhai Soni | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed against the company by Luce Itallia Pvt Ltd. | Pending |
| District court, South, Delhi | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Artemide Lighting India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Artemide Lighting India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Artemide Lighting India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICA9204D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Artemide Lighting India Private Limited, buy the company report.
Recent activity
Artemide Lighting India Private Limited has 13 board changes on record since 2010: 4 appointments and 9 cessations. The latest: Akshita Prakash Chhabria was appointed as Nominee Director on 01 Mar 2021.
4 earlier events are in the company report.
Frequently asked questions
Artemide Lighting India is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 October 2010 (16+ years old) and is registered under CIN U51909MH2010PTC209179.
Artemide Lighting India has 4 current directors:
- Prakash Sadhuram Chhabria - Managing Director
- Akshita Prakash Chhabria - Nominee Director
- Alain Taillandier - Nominee Director
- Carlo Maconi - Nominee Director
The latest financial statements of Artemide Lighting India 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 2015 are in the company report.
The GSTIN of Artemide Lighting India is 27AAICA9204D1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Artemide Lighting India is U51909MH2010PTC209179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Artemide Lighting India has 4 court cases on record: 4 filed against it. 1 is pending.
Artemide Lighting India was incorporated on 20 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Akshita Prakash Chhabria was appointed as Nominee Director on 01 Mar 2021. Sagar Prakash Chhabria ceased to be Nominee Director on 01 Mar 2021. Akshita Prakash Chhabria ceased to be Nominee Director on 29 Jan 2020. Artemide Lighting India has 13 board changes on record in total.
Artemide Lighting India can be reached through the website artemide.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Artemide Lighting India is at Unit No 5 Second Floor Raghuvanshi Mill Compound S. B. Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.
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