About Hela Holdings Pvt.Ltd.
Data last updated:
Hela Holdings Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Tristar Pvt Ltd. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 26 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1991PTC051556.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors Hemendra Sheth Nandlal and Paresh Nandlal Sheth.
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 34 Chittaranjan Avenue, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.02 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹9.65 Lakh (net margin 2.4%) and EBITDA of ₹84.86 Lakh (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 47% over five years.
The company is associated with 1 brand: Hela Clothing. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shethbrothers.in.
Company details
Contact details
Hela Holdings Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its website is shethbrothers.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address34 Chittaranjan Avenue, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Hela Holdings Pvt.Ltd., 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
Hela Holdings operates one associated brand: Hela Clothing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Private label manufacturer of apparel | helaclothing.com |
Business activity
The main business activity of Hela Holdings is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Hela Holdings Pvt.Ltd., buy the company report.
Financials of Hela Holdings Pvt.Ltd.
FY 2025 filings availableHela Holdings Pvt.Ltd. reported revenue of ₹4.02 Cr (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 47%. EBITDA fell 59% 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 | ₹84.86 Lakh | ||||
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| Net Profit (PAT) | ₹9.65 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.1% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Hela Holdings Pvt.Ltd., buy the company report.
Board of directors of Hela Holdings Pvt.Ltd.
Hela Holdings has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemendra Sheth Nandlal Also directs: Saishaa Allied Industries LLP, Tristar Pvt Ltd, Ellora Tower & Resources Pvt Ltd and 1 more | Director | 24 Dec 1992 | 33 Years 10 Months | Current |
| Paresh Nandlal Sheth | Director | 24 Dec 1992 | 33 Years 10 Months | Current |
Peer comparison
Hela Holdings Pvt.Ltd. is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cheers Financial Services Pvt Ltd | ₹4.03 Cr (FY 2025) | 18.0% | Guwahati, Assam, India | |||
| Sheth Commercial Pvt.Ltd. | ₹4.02 Cr (FY 2024) | 22.0% | Kolkata, West Bengal, India | |||
| Hela Holdings Pvt.Ltd.this company | ₹4.02 Cr (FY 2025) | ₹9.65 Lakh | 2.4% | -78.0% | Kolkata, West Bengal, India | |
| Futuristic Solutions Limited | ₹4.02 Cr (FY 2019) | 1245.0% | Delhi, India | |||
| Golcha Commodities Pvt.Ltd. | ₹4.02 Cr (FY 2023) | -23.0% | Kolkata, West Bengal, India | |||
| Sri Kode Finvest Private Limited | ₹4.01 Cr (FY 2025) | 99.0% | Hyderabad, Telangana, India | |||
| Marco Private Limited | ₹4.01 Cr (FY 2017) | -38.0% | Vapi, Gujarat, India |
To see the full peer comparison of Hela Holdings Pvt.Ltd., buy the company report.
Auditor
Hela Holdings Pvt.Ltd. is audited by SUSHIL K LAHOTI AND CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUSHIL K LAHOTI AND CO | FY 2021 | 323070E |
Shareholding
The shareholding of Hela Holdings Pvt.Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hela Holdings Pvt.Ltd., buy the company report.
Legal cases
Hela Holdings Pvt.Ltd. has 2 court cases on record: 2 filed by Hela Holdings. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against In the Matter of : Amber Equitable Investment Pvt Ltd | Disposed |
| High Court | Tax appeal | Filed by the company against an individual | Disposed |
To see the full case history of Hela Holdings Pvt.Ltd., 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 Hela Holdings Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hela Holdings has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Hela Holdings Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hela Holdings Pvt.Ltd. has 2 board changes on record since 1992: 2 appointments. The latest: Hemendra Sheth Nandlal was appointed as Director on 24 Dec 1992.
Frequently asked questions
Hela Holdings is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 26 April 1991 (35+ years old) and is registered under CIN U70101WB1991PTC051556.
Hela Holdings has 2 current directors:
- Hemendra Sheth Nandlal - Director
- Paresh Nandlal Sheth - Director
The latest financial statements of Hela Holdings 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 Hela Holdings is U70101WB1991PTC051556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hela Holdings has 2 court cases on record: 2 filed by the company.
Hela Holdings was incorporated on 26 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Hela Holdings by revenue are Cheers Financial Services Pvt Ltd, Sheth Commercial Pvt.Ltd, Futuristic Solutions Limited, Golcha Commodities Pvt.Ltd, Sri Kode Finvest Private Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Hemendra Sheth Nandlal was appointed as Director on 24 Dec 1992. Paresh Nandlal Sheth was appointed as Director on 24 Dec 1992.
Hela Holdings can be reached through the website shethbrothers.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Hela Holdings is at 34 Chittaranjan Avenue, Kolkata, West Bengal, India – 700012.
Hela Holdings operates in the financial services industry, in the investment and credit nbfc segment.
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