Desh Recreation Ventures Private Limited

Desh Recreation Ventures Private Limited - information technology in Mohali, Punjab, India. Directors, charges & compliance details.
CIN U72900PB2022PTC057196 Incorporated 02 November 2022 ROC Chandigarh HQ Mohali, Punjab, India
Active Private Limited Company information technology DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹43.67 Lakh
▲ 2030% YoY
Net loss · FY 2024
₹41.11 Lakh
Net margin -94.1%
EBITDA · FY 2024
-₹38.22 Lakh
EBITDA margin -87.5%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.2 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Desh Recreation Ventures Private Limited

Data last updated:

Desh Recreation Ventures Private Limited is a private limited company based in Mohali, Punjab, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 02 November 2022.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72900PB2022PTC057196.

The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Adit Goel (Managing Director) and Sanchit Budhiraja.

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 SCO – 64 Phase 9 Sector – 63, Mohali, Punjab, India – 160062.

As per the financials filed for FY 2024, the company reported a revenue of ₹43.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹41.11 Lakh (net margin -94.1%) and EBITDA of -₹38.22 Lakh (EBITDA margin -87.5%).

The company is associated with 1 brand: Tida Sports. The company has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in December 2025.

Desh Recreation Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0039471).

Company details

CIN U72900PB2022PTC057196
Registration Number 057196
Incorporation Date 02 November 2022
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-PB-20-0039471

Recognitions & Rankings of Desh Recreation Ventures

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-PB-20-0039471

Contact details

Desh Recreation Ventures Private Limited's registered office is in Mohali, Punjab.

  • Registered Address
    SCO – 64 Phase 9 Sector – 63, Mohali, Punjab, India – 160062
  • Industry
    Information Technology, Application Development & Software Solutions
Comprehensive company report
Desh Recreation Ventures Private Limited - one report that includes everything
  • 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
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Brands

Desh Recreation Ventures operates one associated brand: Tida Sports. Each brand links to its own profile.

BrandDescriptionWebsite
Tida Sportstidasports.com

Business activity

The main business activity of Desh Recreation Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Desh Recreation Ventures Private Limited, buy the company report.

Financials of Desh Recreation Ventures Private Limited

FY 2025 filings available

Desh Recreation Ventures Private Limited reported revenue of ₹43.67 Lakh (up 2030% YoY) for FY 2024.

Revenue · FY 2024
₹43.67 Lakh ▲ 2030%
Net loss · FY 2024
₹41.11 Lakh margin -94.1%
EBITDA · FY 2024
-₹38.22 Lakh margin -87.5%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23
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-₹38.22 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹41.11 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

MetricsFY 2023-24FY 2022-23
Profitability
EBITDA Margin-87.5%
Net Profit Margin-94.1%
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 Desh Recreation Ventures Private Limited, buy the company report.

Board of directors of Desh Recreation Ventures Private Limited

Desh Recreation Ventures has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanchit BudhirajaDirector02 Nov 20223 Years 11 MonthsCurrent
Adit GoelManaging Director02 Nov 20223 Years 11 MonthsCurrent

Deals & funding

Desh Recreation Ventures Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in December 2025.

Total deals
1
Funding round
1
Disclosed funding
₹3 Cr

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2025Funding round · Seed₹3 CrInvestors: Inflection Point Ventures

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Desh Recreation Ventures 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 Desh Recreation Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Desh Recreation Ventures Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Adit Goel was appointed as Managing Director on 02 Nov 2022.

AGM
Desh Recreation Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Desh Recreation Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Adit Goel was appointed as Managing Director.
Appointed
Sanchit Budhiraja was appointed as Director.
Incorporation
02 Nov 2022
Desh Recreation Ventures Private Limited was registered on 02 Nov 2022 with Roc Chandigarh & aged 3 years 11 months as per MCA records.

Frequently asked questions

Desh Recreation Ventures is an active private limited company based in Mohali, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 02 November 2022 (4+ years old) and is registered under CIN U72900PB2022PTC057196.

Desh Recreation Ventures has 2 current directors:

The latest financial statements of Desh Recreation Ventures 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 2023 are in the company report.

The CIN (Corporate Identification Number) of Desh Recreation Ventures is U72900PB2022PTC057196. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Desh Recreation Ventures was incorporated on 02 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chandigarh.

Desh Recreation Ventures has 1 deal on record (1 funding round), with disclosed funding of ₹3 Cr; the latest was in December 2025.

Adit Goel was appointed as Managing Director on 02 Nov 2022. Sanchit Budhiraja was appointed as Director on 02 Nov 2022.

Yes, Desh Recreation Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Desh Recreation Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-20-0039471).

The registered office of Desh Recreation Ventures is at SCO – 64 Phase 9 Sector – 63, Mohali, Punjab, India – 160062.