About Adjavis Venture Limited
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Adjavis Venture Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the aromatics and benzene derivatives segment of the chemicals and materials sector. It was incorporated on 25 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24119GJ2006PLC048310. Its GSTIN is 24AAFCA7946R1ZZ (Gujarat). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Adjavis Venture Private Limited. It is led by directors including Kalyan Kumar Chaudhuri (Whole-Time Director) and Heeralal Motilal Chouhan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Viral House B/H. Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.18 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹3.32 Cr (net margin -4.2%) and EBITDA of -₹3.15 Cr (EBITDA margin -4%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 7% over five years.
The company has about 335 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Berrica and Wottagirl. The company has 17 deals on record (16 secondary share transfers, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in January 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website layerr.com.
Company details
CIN history
Adjavis Venture has one previous CIN (Corporate Identification Number): U24119GJ2006PTC048310. The current CIN is U24119GJ2006PLC048310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24119GJ2006PLC048310 | Current |
| U24119GJ2006PTC048310 | Previous |
Contact details
Adjavis Venture Limited's registered office is in Ahmedabad, Gujarat. Its website is layerr.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressViral House B/H. Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryChemicals and Materials, Aromatics & Benzene Derivatives
To see the full contact details of Adjavis Venture 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
Adjavis Venture operates two associated brands: Berrica and Wottagirl. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides berry-infused creams and gels for skin nourishment and anti-aging. | berrica.com | |
| Offers fragrances, body splashes, and skincare products online for women. | wottagirl.com |
Business activity
The main business activity of Adjavis Venture 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 Adjavis Venture Limited, buy the company report.
Financials of Adjavis Venture Limited
FY 2025 filings availableAdjavis Venture Limited reported revenue of ₹78.18 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 16% growth in the latest year. EBITDA rose 83% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹3.15 Cr | ||||
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| Net Profit (PAT) | -₹3.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -4% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Adjavis Venture Limited, buy the company report.
Board of directors of Adjavis Venture Limited
Adjavis Venture has 6 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heeralal Motilal Chouhan Also directs: Kaia Couture LLP, Udhay-Vj Realty Private Limited, Adjavis Pharmaceuticals Private Limited and 2 more | Director | 01 Oct 2016 | 10 Years 0 Months | Current |
| Devendrabhai Naranbhai Patel | Director | 28 Jan 2013 | 13 Years 9 Months | Current |
| Shail Devendrakumar Patel Also directs: Viral Gruh Nirman LLP, Adjavis Digital LLP, Adjavis Capital Private Limited and 1 more | Director | 28 Jan 2013 | 13 Years 9 Months | Current |
| Sthitapragna Kantilal Shah Also directs: Sterling Addlife India Private Limited | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Kirti Ramanlal Patel | Director | 01 May 2014 | 12 Years 5 Months | Current |
| Kalyan Kumar Chaudhuri Also directs: Welvin Care Private Limited | Whole-Time Director | 01 Oct 2008 | 18 Years 0 Months | Current |
Auditor
Adjavis Venture Limited is audited by Chandulal M. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chandulal M. Shah & Co. | FY 2023 | 101698W |
Shareholding
The shareholding of Adjavis Venture 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 Adjavis Venture Limited, buy the company report.
Deals & funding
Adjavis Venture Limited has 17 deals on record (16 secondary share transfers, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in January 2023.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Mukesh B. Saraff Huf Seller: an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Adjavis Venture Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Adjavis Venture 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 Adjavis Venture Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Adjavis Venture Limited has a workforce of 335 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Adjavis Venture has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA7946R1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adjavis Venture Limited, buy the company report.
Recent activity
Adjavis Venture Limited has 17 board changes on record since 2008: 6 appointments and 11 cessations. The latest: Kalyan Kumar Chaudhuri ceased to be Director on 31 Jul 2023.
8 earlier events are in the company report.
Frequently asked questions
Adjavis Venture is an active public limited company based in Ahmedabad, Gujarat, India. The company works in aromatics and benzene derivatives, within the chemicals and materials industry. It was incorporated on 25 May 2006 (20+ years old) and is registered under CIN U24119GJ2006PLC048310.
Adjavis Venture has 6 current directors:
- Kalyan Kumar Chaudhuri - Whole-Time Director
- Heeralal Motilal Chouhan - Director
- Devendrabhai Naranbhai Patel - Director
- Shail Devendrakumar Patel - Director
- Sthitapragna Kantilal Shah - Director
- Kirti Ramanlal Patel - Director
The latest financial statements of Adjavis Venture on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Adjavis Venture is 24AAFCA7946R1ZZ, registered in Gujarat. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Adjavis Venture is U24119GJ2006PLC048310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adjavis Venture was incorporated on 25 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Adjavis Venture has 17 deals on record (16 secondary share transfers, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in January 2023.
Kalyan Kumar Chaudhuri ceased to be Director on 31 Jul 2023. Sthitapragna Kantilal Shah ceased to be Additional Director on 27 Sep 2021. Sthitapragna Kantilal Shah was appointed as Director on 01 Apr 2021. Adjavis Venture has 17 board changes on record in total.
Adjavis Venture can be reached through the website layerr.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Adjavis Venture is at Viral House BH. Armieda Sindhu Bhavan Road Bodakdev, Ahmedabad, Gujarat, India – 380054.