Adriel Venture Private Limited
About Adriel Venture Private Limited
Data last updated:
Adriel Venture Private Limited was a private limited company based in Panipat, Haryana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 03 April 2009.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52390HR2009PTC082652. Its GSTIN is 06AAICA1017G1Z7 (Haryana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21 Lakh. It was led by directors Vinod Kumar and Siddharth Jethi.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at R – 120/121 Near Aditya Garments Insar Bazar, Panipat, Haryana, India – 132103.
As per the financials filed for FY 2023, the company reported a revenue of ₹77.06 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net profit of ₹3.05 Lakh (net margin 4%) and EBITDA of ₹3.07 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 20% over five years.
Its group structure includes 1 subsidiary.
Company details
CIN history
Adriel Venture has one previous CIN (Corporate Identification Number): U52390MH2009PTC191453. The current CIN is U52390HR2009PTC082652, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52390HR2009PTC082652 | Current |
| U52390MH2009PTC191453 | Previous |
Contact details
Adriel Venture Private Limited's registered office is in Panipat, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressR – 120/121 Near Aditya Garments Insar Bazar, Panipat, Haryana, India – 132103
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Adriel Venture 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
Business activity
The main business activity of Adriel 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 Adriel Venture Private Limited, buy the company report.
Financials of Adriel Venture Private Limited
FY 2023 filings availableAdriel Venture Private Limited reported revenue of ₹77.06 Lakh (down 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 57% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹77.06 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.05 Lakh | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Adriel Venture Private Limited, buy the company report.
Board of directors of Adriel Venture Private Limited
Adriel Venture has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Jethi | Additional Director | 19 Jul 2021 | 5 Years 3 Months | As last reported |
| Vinod Kumar Also directs: Adriel Venture LLP, Bankey Bihari Jewellers Private Limited, HWS Impex Private Limited and 1 more | Director | 10 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Adriel Venture Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Colaba Tracon Pvt Ltd | ₹77.36 Lakh (FY 2021) | 7987.0% | Kolkata, West Bengal, India | |||
| Viksun Tradelink Private Limited | ₹77.27 Lakh (FY 2025) | 673.0% | Indore, Madhya Pradesh, India | |||
| Adriel Venture Private Limitedthis company | ₹77.06 Lakh (FY 2023) | ₹3.05 Lakh | 4% | -35.0% | Panipat, Haryana, India | |
| Alfa Suitings Private Limited | ₹77.02 Lakh (FY 2025) | 46.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Adriel Venture Private Limited, buy the company report.
Auditor
Adriel Venture Private Limited is audited by DEEPAK G C GOEL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK G C GOEL & ASSOCIATES | FY 2023 | 020389N |
Shareholding
The shareholding of Adriel Venture 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 Adriel Venture Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Adriel Venture Private 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 Adriel Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Adriel Venture has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Temps Lifestyle Private Limited | U52322DL2013PTC249604 |
To see the full group structure of Adriel Venture Private Limited, buy the company report.
GST
Adriel Venture has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICA1017G1Z7 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Adriel Venture Private Limited, buy the company report.
Recent activity
Adriel Venture Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Sumit Taluja ceased to be Additional Director on 20 Jul 2021.
4 earlier events are in the company report.
Frequently asked questions
Adriel Venture has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Adriel Venture was a private limited company based in Panipat, Haryana, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 03 April 2009 and is registered under CIN U52390HR2009PTC082652. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Adriel Venture is U52390HR2009PTC082652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adriel Venture had 2 directors:
- Siddharth Jethi - Additional Director
- Vinod Kumar - Director
Adriel Venture was incorporated on 03 April 2009. It is registered with the Registrar of Companies, Delhi.
The registered office of Adriel Venture is at R – 120121 Near Aditya Garments Insar Bazar, Panipat, Haryana, India – 132103.
The latest financial statements of Adriel Venture on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Adriel Venture is 06AAICA1017G1Z7, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Adriel Venture operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Adriel Venture by revenue are Colaba Tracon Pvt Ltd, Viksun Tradelink Private Limited, Alfa Suitings Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sumit Taluja ceased to be Additional Director on 20 Jul 2021. Siddharth Jethi was appointed as Additional Director on 19 Jul 2021. Saurabh Taluja ceased to be Director on 30 May 2019. Adriel Venture has 13 board changes on record in total.
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