India's Richest People 2026 edition · 1 director · Source: Hurun India
- #257 Kalpana & Apurva Parekh ₹14,500 Cr
Revenue · FY 2025
₹54.61 Lakh
▲ 9% YoY
Net loss · FY 2025
₹17.09 Cr
Latest filing
EBITDA · FY 2025
-₹3.5 Lakh
EBITDA margin -6.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹40.29 Lakh
Issued & subscribed
Company age
37 yrs
Est. 1989
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Pidilite Ventures Private Limited
Data last updated:
Pidilite Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pidilite Industries Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 01 June 1989 and has been in existence for over 37 years.
Its director Kalpana and Apurva Parekh is #257 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24114MH1989PTC052007.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹40.29 Lakh. It was formerly known as Madhumala Traders Pvt Ltd. It is led by directors including Sanket Sushilkumar Parekh and Apurva Narendrakumar Parekh.
Its last annual general meeting (AGM) was held on 30 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Regent Chambers7Th Floor 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹54.61 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹17.09 Cr and EBITDA of -₹3.5 Lakh (EBITDA margin -6.4%). Revenue has declined at a compounded annual rate (CAGR) of 179% over three years and 16% over five 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. For more details, the company can be reached via its website pidilite.com.
Company details
CIN U24114MH1989PTC052007
Registration Number 052007
Incorporation Date 01 June 1989
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Pidilite Industries Limited
Compliance Status Active Compliant
Key People
Sanket Sushilkumar Parekh Director Apurva Narendrakumar Parekh Director Sanjay Bahadur Director Recognitions & Rankings of Pidilite Ventures
Contact details
Pidilite Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is pidilite.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRegent Chambers7Th Floor 208 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Pidilite Ventures Private Limited, buy the company report.
Comprehensive company report
Pidilite 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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Financials of Pidilite Ventures Private Limited
FY 2025 filings availablePidilite Ventures Private Limited reported revenue of ₹54.61 Lakh (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹54.61 Lakh ▲ 9%
Net loss · FY 2025
₹17.09 Cr
EBITDA · FY 2025
-₹3.5 Lakh margin -6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 179%
5 years · compounded
▼ 16%
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹54.61 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.09 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | ||||
| Net Profit Margin | |||||
| 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 Pidilite Ventures Private Limited, buy the company report.
Board of directors of Pidilite Ventures Private Limited
Pidilite Ventures has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanket Sushilkumar Parekh Also directs: Pidichem Private Limited, Imagimake Play Solutions Private Limited, Ruchiket Private Limited and 3 more | Director | 29 Jul 2022 | 4 Years 3 Months | Current |
| Apurva Narendrakumar Parekh Also directs: Solstice Business Solutions Private Limited, Parbro Trading LLP, P4 Capital Advisor LLP and 5 more | Director | 29 Jul 2022 | 4 Years 3 Months | Current |
| Sanjay Bahadur Also directs: Tenax Pidilite India Private Limited, Pidilite Grupo Puma Manufacturing Limited, Building Envelope Systems India Limited and 5 more | Director | 29 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Pidilite Ventures Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunrich Capital and Advisory Services Private Limited | ₹54.69 Lakh (FY 2025) | -34.0% | Delhi, India | |||
| Pee Enn Impex Private Limited | ₹54.68 Lakh (FY 2019) | 37.0% | New Delhi, Delhi, India | |||
| Capstone Business Solutions Private Limited | ₹54.68 Lakh (FY 2024) | -9.0% | Indore, Madhya Pradesh, India | |||
| Interstar Financial Services Limited. | ₹54.67 Lakh (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Sivani Forex Private Limited | ₹54.64 Lakh (FY 2019) | 27.0% | Bhubaneswar, Odisha, India | |||
| Pidilite Ventures Private Limitedthis company | ₹54.61 Lakh (FY 2025) | -₹17.09 Cr | 9.0% | Mumbai, Maharashtra, India | ||
| MJBR Marketing and Financial Services Private Limited | ₹54.59 Lakh (FY 2025) | 35.0% | Kochi, Kerala, India | |||
| Zuzu Software Services Private Limited | ₹54.49 Lakh (FY 2023) | 78.0% | Hyderabad, Telangana, India | |||
| Standard Corporate Services Private Limited | ₹54.49 Lakh (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Nitus Capital Private Limited | ₹54.48 Lakh (FY 2018) | -52.0% | Noida, Uttar Pradesh, India | |||
| Krusch Leasing Private Limited | ₹54.48 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Pidilite Ventures Private Limited, buy the company report.
Auditor
Pidilite Ventures Private Limited is audited by KHANNA & PANCHMIA for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANNA & PANCHMIA | FY 2025 | 136041W |
Shareholding
The shareholding of Pidilite Ventures 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 Pidilite Ventures Private Limited, buy the company report.
Legal cases
Pidilite Ventures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Court case (T) | Filed against the company by A B N Lamination P Ltd. | Disposed |
To see the full case history of Pidilite Ventures 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 Pidilite 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 Pidilite Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pidilite Ventures Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Bharat Odhavji Mehta ceased to be Director on 07 Oct 2022.
AGM
Pidilite Ventures Private Limited last Annual general meeting of members was held on 30 Jul 2025 as per latest MCA records.
Filing
Pidilite Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Bharat Odhavji Mehta ceased to be Director.
Ceased
Priykant Chhotalal Patel ceased to be Director.
Ceased
Apurva Narendrakumar Parekh ceased to be Additional Director.
Ceased
Sanjay Bahadur ceased to be Additional Director.
Ceased
Sanket Sushilkumar Parekh ceased to be Additional Director.
Appointed
Apurva Narendrakumar Parekh was appointed as Director.
Appointed
Sanjay Bahadur was appointed as Director.
Appointed
Sanket Sushilkumar Parekh was appointed as Director.
Ceased
Prabodh Kumar Kansal ceased to be Director.
Ceased
Santosh Kumar ceased to be Director.
5 earlier events are in the company report.
News
Frequently asked questions
Pidilite Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 01 June 1989 (37+ years old) and is registered under CIN U24114MH1989PTC052007.
Pidilite Ventures has 3 current directors:
- Sanket Sushilkumar Parekh - Director
- Apurva Narendrakumar Parekh - Director
- Sanjay Bahadur - Director
The latest financial statements of Pidilite Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pidilite Ventures is U24114MH1989PTC052007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pidilite Ventures has 1 court case on record: 1 filed against it.
Pidilite Ventures was incorporated on 01 June 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pidilite Ventures by revenue are Sunrich Capital and Advisory Services Private Limited, Pee Enn Impex Private Limited, Capstone Business Solutions Private Limited, Interstar Financial Services Limited, Sivani Forex Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Bharat Odhavji Mehta ceased to be Director on 07 Oct 2022. Priykant Chhotalal Patel ceased to be Director on 07 Oct 2022. Apurva Narendrakumar Parekh ceased to be Additional Director on 05 Aug 2022. Pidilite Ventures has 14 board changes on record in total.
Pidilite Ventures can be reached through the website pidilite.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pidilite Ventures is at Regent Chambers7Th Floor 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
Pidilite Ventures operates in the financial services industry, in the diversified financial services segment.
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