About Proveda Herbal Private Limited
Data last updated:
Proveda Herbal Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the personal care and skincare products segment of the FMCG sector. It was incorporated on 08 October 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U24100DL2010PTC209223. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Aseem Sood and Braham Prakash Sood.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 44 Second Floor Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.31 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹3.85 Cr (net margin -41.3%) and EBITDA of -₹3.8 Cr (EBITDA margin -40.8%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years.
The company was associated with 1 brand: Proveda Herbals. Court records list 32 cases involving the company, including 4 filed by the company and 28 filed against it; 11 cases are pending.
The last known website on record is provedaherbal.in.
Company details
Contact details
Proveda Herbal Private Limited's registered office is in New Delhi, Delhi. Its website is provedaherbal.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address44 Second Floor Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Proveda Herbal 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
Brands
Proveda Herbal operates one associated brand: Proveda Herbals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality natural and organic cosmetic products. | provedaherbals.com |
Business activity
The main business activity of Proveda Herbal 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 Proveda Herbal Private Limited, buy the company report.
Financials of Proveda Herbal Private Limited
FY 2017 filings availableProveda Herbal Private Limited reported revenue of ₹9.31 Cr (down 24% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 65%. EBITDA fell 204% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹9.31 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.8 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.85 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -40.8% | ||
| Net Profit Margin | -41.3% | ||
| 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 Proveda Herbal Private Limited, buy the company report.
Board of directors of Proveda Herbal Private Limited
Proveda Herbal has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Braham Prakash Sood Also directs: TBC by Nature Private Limited | Additional Director | 16 Apr 2019 | 7 Years 6 Months | As last reported |
| Aseem Sood | Director | 08 Oct 2010 | 16 Years 0 Months | As last reported |
Auditor
Proveda Herbal Private Limited is audited by KUMAR VISHNU & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR VISHNU & CO | FY 2017 | 017495C |
Shareholding
The shareholding of Proveda Herbal Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Proveda Herbal Private Limited, buy the company report.
Legal cases
Proveda Herbal Private Limited has 32 court cases on record: 4 filed by Proveda Herbal, 28 filed against it. 11 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 26 | 11 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Vincent Impex Private Limited Though Director and Ar Hemant Surendra Jain | Pending |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by Eksutra Marketing Pvt. Ltd. THR. Vishvajeet Verma | Pending |
| District court, Lucknow, Uttar Pradesh | Cheque dishonour complaint | Filed against the company by Eksutra Marketing Pvt. Ltd. THR. Vishvajeet Verma | Pending |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Keshav Hichem Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal miscellaneous application | Filed against the company by Phyto Life Sciences Pvt Ltd | Disposed |
To see the full case history of Proveda Herbal 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 Proveda Herbal Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Proveda Herbal has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Proveda Herbal Private Limited, buy the company report.
Recent activity
Proveda Herbal Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Braham Prakash Sood was appointed as Additional Director on 16 Apr 2019.
Frequently asked questions
Proveda Herbal has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Proveda Herbal was a private limited company based in New Delhi, Delhi, India. The company worked in personal care and skincare products, within the FMCG industry. It was incorporated on 08 October 2010 and is registered under CIN U24100DL2010PTC209223. The company has been struck off by the Registrar of Companies and is no longer operational.
Proveda Herbal had 2 directors:
- Braham Prakash Sood - Additional Director
- Aseem Sood - Director
The CIN (Corporate Identification Number) of Proveda Herbal is U24100DL2010PTC209223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Proveda Herbal is at 44 Second Floor Basant Lok Vasant Vihar, New Delhi, Delhi, India – 110057.
Proveda Herbal was incorporated on 08 October 2010. It is registered with the Registrar of Companies, Delhi.
Proveda Herbal can be reached through the website provedaherbal.in. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Proveda Herbal on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Proveda Herbal has 4 GST registrations on record and all of them are cancelled or inactive.
Proveda Herbal operated in the FMCG industry, in the personal care and skincare products segment. It worked in this industry before it was struck off.