About Ishvarah Initiatives Private Limited
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Ishvarah Initiatives Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the health and beauty retail and distribution segment of the consumer goods sector. It was incorporated on 18 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52609DL2017PTC327277. Its GSTIN is 07AAZCS6073R1Z1 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹9.5 Lakh. It was formerly known as Supermillion Hair Private Limited and Ishvarah Initatives Private Limited. It is led by directors including Navraj Bindra and Gulshan Kumar Bindra.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 241 242 247 Vardhman Charve Plaza 3 & 4 Plot No. 21 Commercial Centre Kp Block, New Delhi, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹13,104, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹12,238 (net margin 93.4%) and EBITDA of ₹13,104 (EBITDA margin 100%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 47% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website supermillionhair.in.
Company details
Name history
Ishvarah Initiatives has undergone 3 name changes throughout its history. The company was previously known as Supermillion Hair Private Limited, Ishvarah Initatives Private Limited, and Ishvarah Initiatives Private Limited. The current legal name is Ishvarah Initiatives Private Limited.
| Company Name | Status |
|---|---|
| Ishvarah Initiatives Private Limited | Current |
| Supermillion Hair Private Limited | Previous |
| Ishvarah Initatives Private Limited | Previous |
Contact details
Ishvarah Initiatives Private Limited's registered office is in New Delhi, Delhi. Its website is supermillionhair.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address241 242 247 Vardhman Charve Plaza 3 & 4 Plot No. 21 Commercial Centre Kp Block, New Delhi, Delhi, India – 110034
- IndustryConsumer Goods, Health & Beauty Retail & Distribution
To see the full contact details of Ishvarah Initiatives 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 Ishvarah Initiatives Private Limited
FY 2024 filings availableIshvarah Initiatives Private Limited reported revenue of ₹13,104 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years. EBITDA fell 100% 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 | ₹13,104 | ||||
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| Net Profit (PAT) | ₹12,238 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 100% | ||||
| Net Profit Margin | 93.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ishvarah Initiatives Private Limited, buy the company report.
Board of directors of Ishvarah Initiatives Private Limited
Ishvarah Initiatives has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navraj Bindra | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Gulshan Kumar Bindra | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
| Karan Bindra | Director | 18 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Ishvarah Initiatives Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Health and Beauty Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phantom Resources Private Limited | ₹13,945 (FY 2021) | -100.0% | Mumbai, Maharashtra, India | |||
| Kriya Cosmetics Private Limited | ₹13,110 (FY 2022) | Mumbai, Maharashtra, India | ||||
| Ishvarah Initiatives Private Limitedthis company | ₹13,104 (FY 2024) | ₹12,238 | 93.4% | -100.0% | New Delhi, Delhi, India | |
| Sakamichi Perfumes Private Limited | ₹11,700 (FY 2024) | -32.0% | Delhi, India |
To see the full peer comparison of Ishvarah Initiatives Private Limited, buy the company report.
Auditor
Ishvarah Initiatives Private Limited is audited by AHUJA AGGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AHUJA AGGARWAL & CO. | FY 2023 | 025879N |
Shareholding
The shareholding of Ishvarah Initiatives Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ishvarah Initiatives Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ishvarah Initiatives 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 Ishvarah Initiatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishvarah Initiatives has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAZCS6073R1Z1 | Delhi | Active | 08 Feb 2018 |
To see the full GST registrations and return filing status of Ishvarah Initiatives Private Limited, buy the company report.
Recent activity
Ishvarah Initiatives Private Limited has 5 board changes on record since 2017: 3 appointments and 2 cessations. The latest: Bakul Mistry ceased to be Director on 28 Feb 2023.
Frequently asked questions
Ishvarah Initiatives is an active private limited company based in New Delhi, Delhi, India. The company works in health and beauty retail and distribution, within the consumer goods industry. It was incorporated on 18 December 2017 (9+ years old) and is registered under CIN U52609DL2017PTC327277.
Ishvarah Initiatives has 3 current directors:
- Navraj Bindra - Director
- Gulshan Kumar Bindra - Director
- Karan Bindra - Director
The latest financial statements of Ishvarah Initiatives on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Ishvarah Initiatives is 07AAZCS6073R1Z1, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ishvarah Initiatives is U52609DL2017PTC327277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishvarah Initiatives was incorporated on 18 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ishvarah Initiatives by revenue are Phantom Resources Private Limited, Kriya Cosmetics Private Limited, Sakamichi Perfumes Private Limited, all in the Consumer Products industry (Health and Beauty Retail and Distribution), with the same principal business activity (retail trading).
Bakul Mistry ceased to be Director on 28 Feb 2023. Puneet Kewal Chopra ceased to be Director on 28 Feb 2023. Gulshan Kumar Bindra was appointed as Director on 18 Dec 2017. Ishvarah Initiatives has 5 board changes on record in total.
Ishvarah Initiatives can be reached through the website supermillionhair.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Ishvarah Initiatives is at 241 242 247 Vardhman Charve Plaza 3 & 4 Plot No. 21 Commercial Centre Kp Block, New Delhi, Delhi, India – 110034.
Ishvarah Initiatives operates in the consumer goods industry, in the health and beauty retail and distribution segment.
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