Better Virtual Mall Private Limited
About Better Virtual Mall Private Limited
Data last updated:
Better Virtual Mall Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 05 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2008PTC177397.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Niraj Dakshesh Shah and Chandru Jeevandas Punjabee.
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 5 Prabha Kunj 24th Road Khar (W), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2024, the company reported a revenue of ₹10,630, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹400 (net margin -3.8%) and EBITDA of -₹400 (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 25% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Better Virtual Mall Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Prabha Kunj 24th Road Khar (W), Mumbai, Maharashtra, India – 400052
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Better Virtual Mall 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
Financials of Better Virtual Mall Private Limited
FY 2025 filings availableBetter Virtual Mall Private Limited reported revenue of ₹10,630 (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 62% 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 |
|---|---|---|---|---|---|
| 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 | -₹400 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹400 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -3.8% | ||||
| 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 Better Virtual Mall Private Limited, buy the company report.
Board of directors of Better Virtual Mall Private Limited
Better Virtual Mall has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Dakshesh Shah Also directs: Keshav Developers P.Ltd., Robin Home Developers Private Limited, Better Homes Developers Private Limited and 1 more | Director | 30 Sep 2017 | 9 Years 0 Months | Current |
| Chandru Jeevandas Punjabee Also directs: Keshav Developers P.Ltd., Robin Home Developers Private Limited, Better Homes Developers Private Limited and 3 more | Director | 05 Jan 2008 | 18 Years 9 Months | Current |
Shareholding
The shareholding of Better Virtual Mall Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Better Virtual Mall Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Better Virtual Mall 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 Better Virtual Mall Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Better Virtual Mall Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Better Virtual Mall Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Niraj Dakshesh Shah was appointed as Director on 30 Sep 2017.
Frequently asked questions
Better Virtual Mall is an active private limited company based in Mumbai, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 05 January 2008 (18+ years old) and is registered under CIN U51109MH2008PTC177397.
Better Virtual Mall has 2 current directors:
- Niraj Dakshesh Shah - Director
- Chandru Jeevandas Punjabee - Director
The latest financial statements of Better Virtual Mall 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 CIN (Corporate Identification Number) of Better Virtual Mall is U51109MH2008PTC177397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Better Virtual Mall was incorporated on 05 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Niraj Dakshesh Shah was appointed as Director on 30 Sep 2017. Harsh Chandru Punjabee ceased to be Director on 01 Nov 2016. Huseni Taiyabali Mamoowala ceased to be Director on 01 Nov 2016. Better Virtual Mall has 4 board changes on record in total.
The registered office of Better Virtual Mall is at 5 Prabha Kunj 24th Road Khar W, Mumbai, Maharashtra, India – 400052.
Better Virtual Mall operates in the trading industry, in the retailers segment.
The compliance status of Better Virtual Mall is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.
Better Virtual Mall can be reached at its registered office: 5 Prabha Kunj 24th Road Khar W, Mumbai, Maharashtra, India – 400052.