Parvir Wellness Private Limited
About Parvir Wellness Private Limited
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Parvir Wellness Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 06 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC233090. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Karishmaa Manohar Sawilani and Jitender Ramesh Samtani.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 801 Madhur Milan 14B Road Khar – West, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2018, the company reported a revenue of ₹90.62 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹71.33 Lakh (net margin -78.7%) and EBITDA of -₹55.68 Lakh (EBITDA margin -61.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parvir Wellness Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address801 Madhur Milan 14B Road Khar – West, Mumbai, Maharashtra, India – 400052
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Parvir Wellness 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 Parvir Wellness is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
To see the full business activity and turnover split of Parvir Wellness Private Limited, buy the company report.
Financials of Parvir Wellness Private Limited
FY 2018 filings availableParvir Wellness Private Limited reported revenue of ₹90.62 Lakh (down 34% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 34% fall in the latest year. EBITDA fell 9% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹90.62 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹55.68 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹71.33 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -61.4% | |||
| Net Profit Margin | -78.7% | |||
| 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 Parvir Wellness Private Limited, buy the company report.
Board of directors of Parvir Wellness Private Limited
Parvir Wellness has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karishmaa Manohar Sawilani | Director | 06 Jul 2012 | 14 Years 3 Months | Current |
| Silky Gianchand Rekhi | Additional Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Jitender Ramesh Samtani Also directs: Vipav Marketing Private Limited | Director | 06 Jul 2012 | 14 Years 3 Months | Current |
Peer comparison
Parvir Wellness Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eco Belleza Private Limited | ₹92.28 Lakh (FY 2023) | 30.0% | Bhubaneswar, Odisha, India | |||
| Parvir Wellness Private Limitedthis company | ₹90.62 Lakh (FY 2018) | -₹71.33 Lakh | -78.7% | -34.0% | Mumbai, Maharashtra, India | |
| Styleiconspa Private Limited | ₹90.42 Lakh (FY 2019) | 7.0% | Bangalore, Karnataka, India | |||
| Fab Skinology Solutions Private Limited | ₹89.7 Lakh (FY 2024) | 37.0% | Indore, Madhya Pradesh, India | |||
| SSB Salon & Spa Private Limited | ₹88.99 Lakh (FY 2017) | -1.0% | Delhi, India |
To see the full peer comparison of Parvir Wellness Private Limited, buy the company report.
Auditor
Parvir Wellness Private Limited is audited by TRIVENI TAPASVI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TRIVENI TAPASVI & ASSOCIATES | FY 2018 | 121791W |
Shareholding
The shareholding of Parvir Wellness Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Parvir Wellness Private Limited, buy the company report.
Legal cases
Parvir Wellness Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by New Growth Credit P.Ltd. | Disposed |
To see the full case history of Parvir Wellness 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 Parvir Wellness Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parvir Wellness has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parvir Wellness Private Limited, buy the company report.
Recent activity
Parvir Wellness Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Silky Gianchand Rekhi was appointed as Additional Director on 20 Apr 2019.
Frequently asked questions
Parvir Wellness is an active private limited company based in Mumbai, Maharashtra, India. The company works in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 06 July 2012 (14+ years old) and is registered under CIN U74999MH2012PTC233090.
Parvir Wellness has 3 current directors:
- Karishmaa Manohar Sawilani - Director
- Silky Gianchand Rekhi - Additional Director
- Jitender Ramesh Samtani - Director
The latest financial statements of Parvir Wellness on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Parvir Wellness has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Parvir Wellness is U74999MH2012PTC233090. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parvir Wellness has 1 court case on record: 1 filed against it.
Parvir Wellness was incorporated on 06 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parvir Wellness by revenue are Eco Belleza Private Limited, Styleiconspa Private Limited, Fab Skinology Solutions Private Limited, SSB Salon & Spa Private Limited, all in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment).
Silky Gianchand Rekhi was appointed as Additional Director on 20 Apr 2019. Jitender Ramesh Samtani was appointed as Director on 06 Jul 2012. Karishmaa Manohar Sawilani was appointed as Director on 06 Jul 2012.
The registered office of Parvir Wellness is at 801 Madhur Milan 14B Road Khar – West, Mumbai, Maharashtra, India – 400052.
Parvir Wellness operates in the health and wellness services industry, in the beauty salons and wellness spas segment.
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