- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-20-0034964

Elite Multiventures Private Limited
About Elite Multiventures Private Limited
Data last updated:
Elite Multiventures Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 25 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U51900MH2014PTC257551. Its GSTIN is 27AADCE7908D1ZQ (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mukund Dattatray Dubey and Hema Mukund Dubey.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 12 B/B Corporation Colony North Ambazari Road, Nagpur, Maharashtra, India – 440033.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.18 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹59,775 (net margin -0.5%) and EBITDA of -₹11,534 (EBITDA margin -0.1%). Revenue has grown at a compounded annual rate (CAGR) of 543% over three years and 79% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
Elite Multiventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0034964). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Elite Multiventures
Contact details
Elite Multiventures Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12 B/B Corporation Colony North Ambazari Road, Nagpur, Maharashtra, India – 440033
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Elite Multiventures 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 Elite Multiventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Elite Multiventures Private Limited, buy the company report.
Financials of Elite Multiventures Private Limited
FY 2021 filings availableElite Multiventures Private Limited reported revenue of ₹1.18 Cr (down 46% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 79%. EBITDA fell 123% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | -₹11,534 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹59,775 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -0.5% | ||||
| 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 Elite Multiventures Private Limited, buy the company report.
Board of directors of Elite Multiventures Private Limited
Elite Multiventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Dattatray Dubey | Director | 25 Aug 2014 | 12 Years 2 Months | Current |
| Hema Mukund Dubey | Director | 14 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Elite Multiventures Private Limited is compared with the 5 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Emediserve Multiventure Private Limited | ₹1.18 Cr (FY 2025) | 1842.0% | Patna, Bihar, India | |||
| Alvista Labs Private Limited | ₹1.18 Cr (FY 2025) | 48.0% | Agra, Uttar Pradesh, India | |||
| Nexure Lifesciences Private Limited | ₹1.18 Cr (FY 2025) | -16.0% | Agra, Uttar Pradesh, India | |||
| Elite Multiventures Private Limitedthis company | ₹1.18 Cr (FY 2021) | -₹59,775 | -0.5% | -46.0% | Nagpur, Maharashtra, India | |
| Vividha Pharmaceutical and Surgical Distributors Private Limited | ₹1.18 Cr (FY 2022) | -33.0% | Dharwad, Karnataka, India | |||
| Quantis Biotech India Private Limited | ₹1.18 Cr (FY 2023) | 156.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Elite Multiventures Private Limited, buy the company report.
Auditor
Elite Multiventures Private Limited is audited by R B PETHE & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R B PETHE & CO | FY 2018 | 115273W |
Shareholding
The shareholding of Elite Multiventures Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Elite Multiventures Private Limited, buy the company report.
Legal cases
Elite Multiventures Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandrapur, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by Hinduja Leyland Finance Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed against the company by Bausch and Lomb India Pvt. Ltd. | Disposed |
To see the full case history of Elite Multiventures 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 Elite Multiventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Elite Multiventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCE7908D1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Elite Multiventures Private Limited, buy the company report.
Recent activity
Elite Multiventures Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Akash Radhikaprasad Dubey ceased to be Director on 13 Apr 2022.
Frequently asked questions
Elite Multiventures is an active private limited company based in Nagpur, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 25 August 2014 (12+ years old) and is registered under CIN U51900MH2014PTC257551.
Elite Multiventures has 2 current directors:
- Mukund Dattatray Dubey - Director
- Hema Mukund Dubey - Director
The latest financial statements of Elite Multiventures on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Multiventures is 27AADCE7908D1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Elite Multiventures is U51900MH2014PTC257551. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Elite Multiventures has 2 court cases on record: 2 filed against it.
Elite Multiventures was incorporated on 25 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Elite Multiventures by revenue are Emediserve Multiventure Private Limited, Alvista Labs Private Limited, Nexure Lifesciences Private Limited, Vividha Pharmaceutical and Surgical Distributors Private Limited, Quantis Biotech India Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Akash Radhikaprasad Dubey ceased to be Director on 13 Apr 2022. Rita Radhikaprasad Dube ceased to be Director on 13 Apr 2022. Hitesh Raghunathrao Matte ceased to be Director on 01 Jun 2016. Elite Multiventures has 8 board changes on record in total.
Yes, Elite Multiventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0034964).
The registered office of Elite Multiventures is at 12 BB Corporation Colony North Ambazari Road, Nagpur, Maharashtra, India – 440033.