MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-MH-19-0106022
Adret Retail Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹349.24 Cr
▲ 49% YoY
Net loss · FY 2025
₹68.86 Cr
Net margin -19.7%
EBITDA · FY 2025
-₹64.05 Cr
EBITDA margin -18.3%
Authorised capital
₹29.09 Cr
Registered with MCA
Paid-up capital
₹24.64 Cr
Issued & subscribed
Open charges
₹135 Cr
Satisfied ₹20 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
362
Provident fund records
About Adret Retail Private Limited
Data last updated:
Adret Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the ayurvedic products and services segment of the healthcare sector. It was incorporated on 14 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2015PTC196406. Its GSTIN is 29AAOCA0382N1Z4 (Karnataka). The company holds 19 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹29.09 Cr and a paid-up capital of ₹24.64 Cr. It is led by directors including Ameve Sharma and Ayushi Saraf Sharma.
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 2 Vaishnavi Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹349.24 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹68.86 Cr (net margin -19.7%) and EBITDA of -₹64.05 Cr (EBITDA margin -18.3%).
The company has about 362 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kapiva. As per MCA filings, the company has open charges of ₹135 Cr and satisfied charges of ₹20 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 26 deals on record (20 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹672.52 Cr; the latest was in October 2025. The company has 28 MSME Form 1 returns on record between 2018 and 2024, listing 1,682 overdue payments to 56 micro and small suppliers.
Adret Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0106022). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kapiva.in.
Company details
CIN U52100KA2015PTC196406
Registration Number 196406
Incorporation Date 14 December 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0106022
CIN history
Adret Retail has one previous CIN (Corporate Identification Number): U52100WB2015PTC208790. The current CIN is U52100KA2015PTC196406, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100KA2015PTC196406 | Current |
| U52100WB2015PTC208790 | Previous |
Key People
Ameve Sharma Director Benedict Jerome Mathias Nominee Director Sumona Chakraborty Nominee Director Recognitions & Rankings of Adret Retail
Contact details
Adret Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is kapiva.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy No 16 – 1 And 17 – 2 Vaishnavi Tech Park, Ambalipura Village Varthur Hobli Varthur, Bangalore, Karnataka, India – 560103
- IndustryHealthcare, Ayurvedic Products & Services
To see the full contact details of Adret Retail Private Limited, buy the company report.
Comprehensive company report
Adret Retail 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Adret Retail 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 Adret Retail Private Limited, buy the company report.
Financials of Adret Retail Private Limited
FY 2025 filings availableAdret Retail Private Limited reported revenue of ₹349.24 Cr (up 49% YoY) for FY 2025.
Revenue · FY 2025
₹349.24 Cr ▲ 49%
Net loss · FY 2025
₹68.86 Cr margin -19.7%
EBITDA · FY 2025
-₹64.05 Cr margin -18.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
Revenue rose 49% in the latest 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 | -₹64.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹68.86 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -18.3% | ||||
| Net Profit Margin | -19.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Adret Retail Private Limited, buy the company report.
Board of directors of Adret Retail Private Limited
Adret Retail has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ameve Sharma Also directs: Goodcare Pharma Pvt Ltd, Baidyanath Pharma Private Limited, Divakar Merchandise Pvt Ltd and 5 more | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Benedict Jerome Mathias | Nominee Director | 08 Jan 2021 | 5 Years 9 Months | Current |
| Sumona Chakraborty Also directs: Arcatron Mobility Private Limited, Redcliffe Hygiene Private Limited, Lifecell International Private Limited and 1 more | Nominee Director | 02 Nov 2022 | 3 Years 11 Months | Current |
| Sunny Sharma Also directs: Marksans Pharma Limited, Advanced Enzyme Technologies Limited, Arcatron Mobility Private Limited and 5 more | Nominee Director | 02 Nov 2022 | 3 Years 11 Months | Current |
| Ayushi Saraf Sharma | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Tarun Sharma Also directs: Qure.Ai Technologies Private Limited, Hearing Solutions Private Limited, Sri Kauvery Medical Care (India) Limited and 1 more | Additional Director | 21 Aug 2026 | 0 Years 2 Months | Current |
Showing 6 of 7 current directors. View all directors
Auditor
Adret Retail Private Limited is audited by B S R & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2024 | 101248W/W-100022 |
Shareholding
The shareholding of Adret Retail Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Adret Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹135 Cr
Satisfied charges
₹20 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2024 | 101049114 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 23 Jan 2024 | 100864483 | Others | ₹15 Cr | Open | |
| 27 Jul 2023 | 100753190 | Hdfc Bank Limited | ₹60 Cr | Open | |
| 13 Dec 2021 | 100833272 | Others | ₹5 Cr | Satisfied | |
| 01 Dec 2021 | 100971825 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Adret Retail Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Adret Retail Private Limited has 26 deals on record (20 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹672.52 Cr; the latest was in October 2025.
Total deals
26
Funding rounds
20
Secondary share transfers
4
Debt financings
2
Disclosed funding
₹672.52 Cr
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Vertex Ventures SE Asia & India Seller: Goodcare Pharma Pvt Ltd , an individual |
| Dec 2020 | Funding round · Series B | ₹81.32 Cr | Investors: Vertex Ventures SE Asia & India, 3One4 Capital, Jetty Ventures |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 3One4 Capital, Fireside Ventures, Jetty Ventures Seller: Goodcare Pharma Pvt Ltd , 2 individuals |
| Oct 2018 | Funding round · Series A | ₹16.16 Cr | Investors: Fireside Ventures, 3 individuals |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Goodcare Pharma Pvt Ltd |
To see the full deal history of Adret Retail Private 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
Adret Retail Private Limited has 4 court cases on record: 1 filed by Adret Retail, 3 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State - Kongaon Police Station Food and Drugs Inspector Prashantkumar Bhaskarrao Aswar | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Abhinandan Industries & Ors. | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Legal Metrology Department | Disposed |
To see the full case history of Adret Retail 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
Adret Retail Private Limited has 28 MSME Form 1 returns on record between 2018 and 2024, listing 1,682 overdue payments to 56 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 56)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Nutriley Healthcare Private Limited | |||
| an individual supplier | |||
| Webklipper Technologies Private Limited | |||
| Vcommission Media Private Limited |
To see the full MSME payment records of Adret Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Adret Retail Private Limited has a workforce of 362 employees on its EPFO records as of Jan 09, 2025, across 1 active EPFO establishment.
Employee count
362
Active EPFO establishments
1
Employee growth
32.6%
GST
Adret Retail has 19 GST registrations: 15 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
19
Active
15
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCA0382N1Z4 | Karnataka | Active | 01 Jun 2018 |
| 29AAOCA0382N2Z3 | Karnataka | Active | 01 Feb 2023 |
| 19AAOCA0382N1Z5 | West Bengal | Active | 01 Jul 2017 |
| 27AAOCA0382N1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adret Retail Private Limited, buy the company report.
Recent activity
Adret Retail Private Limited has 11 board changes on record since 2015: 7 appointments and 4 cessations. The latest: Tarun Sharma was appointed as Additional Director on 21 Aug 2026.
Appointed
Tarun Sharma was appointed as Additional Director.
Charges
A charge with Others of Rs. 15.00 Cr registered on 23 Jan 2024 with Charge ID 100864483 was modified on 29 Jul 2026.
Appointed
Sanjiv Kakkar was appointed as Director.
AGM
Adret Retail Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 30 Dec 2024 with Charge ID 101049114 was modified on 04 Apr 2025.
Filing
Adret Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Cr with Charge ID 101049114 was registered on 30 Dec 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 27 Jul 2023 with Charge ID 100753190 was modified on 30 Dec 2024.
Ceased
Ayushi Saraf ceased to be Additional Director.
Charges
A charge registered on 01 Dec 2021 via Charge ID 100971825 with Others was fully satisfied on 25 Sep 2024.
Ceased
Vettakkorumakankav Siva Subramaniam Sitaram ceased to be Director.
Appointed
Ayushi Saraf Sharma was appointed as Director.
15 earlier events are in the company report.
News
Frequently asked questions
Adret Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in ayurvedic products and services, within the healthcare industry. It was incorporated on 14 December 2015 (11+ years old) and is registered under CIN U52100KA2015PTC196406.
Adret Retail has 7 current directors:
- Ameve Sharma - Director
- Benedict Jerome Mathias - Nominee Director
- Sumona Chakraborty - Nominee Director
- Sunny Sharma - Nominee Director
- Ayushi Saraf Sharma - Director
- Tarun Sharma - Additional Director
- Sanjiv Kakkar - Director
The latest financial statements of Adret Retail 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 FY 2016 are in the company report.
The GSTIN of Adret Retail is 29AAOCA0382N1Z4, registered in Karnataka. The company has 19 GST registrations in all, of which 15 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAOCA0382N2Z3 (Karnataka), 19AAOCA0382N1Z5 (West Bengal), 27AAOCA0382N1Z8 (Maharashtra).
The CIN (Corporate Identification Number) of Adret Retail is U52100KA2015PTC196406. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adret Retail has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Adret Retail was incorporated on 14 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Adret Retail has 26 deals on record (20 funding rounds, 4 secondary share transfers, 2 debt financings), with disclosed funding of ₹672.52 Cr; the latest was in October 2025.
Tarun Sharma was appointed as Additional Director on 21 Aug 2026. Sanjiv Kakkar was appointed as Director on 01 Apr 2026. Ayushi Saraf ceased to be Additional Director on 26 Sep 2024. Adret Retail has 11 board changes on record in total.
Yes, Adret Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0106022).
Adret Retail has 28 MSME Form 1 returns on record between 2018 and 2024, listing 1,682 overdue payments to 56 micro and small suppliers. The latest return was filed on 22 Apr 2024.