Velvet Ventures Private Limited
About Velvet Ventures Private Limited
Data last updated:
Velvet Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 04 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52190MH2005PTC155129. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Fu-Com Retail Private Limited. It is led by directors including Mafatlal Poonamchand Shah and Popatlal Punamchand Shah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Velvet Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address13/14 1st Floor 99/103 Bhagwan Bhuvan Mumbadevi Road Tambakata Pydhonie, Mandvi, Mumbai, Maharashtra, India – 400003
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Velvet Ventures 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 Velvet Ventures Private Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Velvet Ventures Private Limited, buy the company report.
Board of directors of Velvet Ventures Private Limited
Velvet Ventures has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mafatlal Poonamchand Shah Also directs: Shreeji Haveli Realtors LLP | Director | 09 Jan 2012 | 14 Years 9 Months | Current |
| Popatlal Punamchand Shah | Director | 10 Apr 2012 | 14 Years 6 Months | Current |
| Mukesh Pratapchand Shah | Director | 10 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Velvet Ventures Private Limited is audited by V C SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V C SHAH & CO | FY 2018 | 109818W |
Shareholding
The shareholding of Velvet Ventures Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
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To see the full shareholding pattern of Velvet Ventures Private Limited, buy the company report.
Legal cases
Velvet Ventures Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by M/S. Fig Leaf Marketing Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed against the company by M/S. Fig Leaf Marketing Pvt. Ltd. | Disposed |
To see the full case history of Velvet 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 Velvet Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Velvet Ventures 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 Velvet Ventures Private Limited, buy the company report.
Recent activity
Velvet Ventures Private Limited has 11 board changes on record since 2009: 3 appointments and 8 cessations. The latest: Mafatlal Poonamchand Shah ceased to be Additional Director on 28 Sep 2012.
2 earlier events are in the company report.
Frequently asked questions
Velvet Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 04 August 2005 (21+ years old) and is registered under CIN U52190MH2005PTC155129.
Velvet Ventures has 3 current directors:
- Mafatlal Poonamchand Shah - Director
- Popatlal Punamchand Shah - Director
- Mukesh Pratapchand Shah - Director
The latest financial statements of Velvet Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Velvet Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Velvet Ventures is U52190MH2005PTC155129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Velvet Ventures has 3 court cases on record: 3 filed against it.
Velvet Ventures was incorporated on 04 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Mafatlal Poonamchand Shah ceased to be Additional Director on 28 Sep 2012. Popatlal Punamchand Shah ceased to be Additional Director on 28 Sep 2012. Popatlal Punamchand Shah was appointed as Director on 10 Apr 2012. Velvet Ventures has 11 board changes on record in total.
The registered office of Velvet Ventures is at 1314 1st Floor 99103 Bhagwan Bhuvan Mumbadevi Road Tambakata Pydhonie, Mandvi, Mumbai, Maharashtra, India – 400003.
Velvet Ventures operates in the e-commerce industry, in the general e-commerce platforms segment.