MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0174343
Areovision India Private Limited
Areovision India Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹6.96 Cr
▼ 44% YoY
Net profit · FY 2021
₹69,898
Net margin 0.1%
EBITDA · FY 2021
₹6.21 Lakh
EBITDA margin 0.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Areovision India Private Limited
Data last updated:
Areovision India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51505MH2008PTC183919. Its GSTIN is 27AABCL4858M1ZZ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lighting Design & Excellence Private Limited. It is led by directors including Suresh Bachubhai Tarsaria and Pankaj Shantilal Doshi.
Its last annual general meeting (AGM) was held on 31 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.96 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹69,898 (net margin 0.1%) and EBITDA of ₹6.21 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 14% over five years.
Court records list 19 cases involving the company, including 18 filed by the company and 1 filed against it.
Areovision India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0174343). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51505MH2008PTC183919
Registration Number 183919
Incorporation Date 24 June 2008
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0174343
Key People
Pankaj Shantilal Doshi Additional Director Suresh Bachubhai Tarsaria Director Vanshita Suresh Tarasariya Additional Director Recognitions & Rankings of Areovision India
Contact details
Areovision India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 5 1st Floor Taher Mansion Also Known As Haji Building, Narayan Dhuru Street Mandavi, Mumbai, Maharashtra, India – 400003
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Areovision India Private Limited, buy the company report.
Comprehensive company report
Areovision India 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
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Business activity
The main business activity of Areovision India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Areovision India Private Limited, buy the company report.
Financials of Areovision India Private Limited
FY 2021 filings availableAreovision India Private Limited reported revenue of ₹6.96 Cr (down 44% YoY) for FY 2021.
Revenue · FY 2021
₹6.96 Cr ▼ 44%
Net profit · FY 2021
₹69,898 margin 0.1%
EBITDA · FY 2021
₹6.21 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 23%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 226%
3 years · compounded
▼ 35%
5 years · compounded
▲ 15%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 44% fall in the latest year. EBITDA rose 226% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.96 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69,898 | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Areovision India Private Limited, buy the company report.
Board of directors of Areovision India Private Limited
Areovision India has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Shantilal Doshi | Additional Director | 01 Apr 2022 | 4 Years 7 Months | Current |
| Suresh Bachubhai Tarsaria Also directs: MM Boutique Private Limited, GLS Lighting Solutions Private Limited, Effort BPO Private Limited and 1 more | Director | 15 Apr 2016 | 10 Years 6 Months | Current |
| Vanshita Suresh Tarasariya | Additional Director | 16 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Areovision India Private Limited is audited by NIRANJAN S KARMARKAR & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRANJAN S KARMARKAR & ASSOCIATES | FY 2021 | 126236W |
Shareholding
The shareholding of Areovision India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Areovision India Private Limited, buy the company report.
Legal cases
Areovision India Private Limited has 19 court cases on record: 18 filed by Areovision India, 1 filed against it. All cases are disposed.
Total cases
19
Filed by the company
18
Filed against the company
1
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 18 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed against the company by Ambit Finvest Pvt Ltd and 1 other | Disposed |
| NCLT, NCLT Mumbai | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLT, Indore | Insolvency matter | Filed by the company against an individual | Disposed |
To see the full case history of Areovision India 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 Areovision India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Areovision India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL4858M1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Areovision India Private Limited, buy the company report.
Recent activity
Areovision India Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Vanshita Suresh Tarasariya was appointed as Additional Director on 16 Feb 2026.
Appointed
Vanshita Suresh Tarasariya was appointed as Additional Director.
Appointed
Pankaj Shantilal Doshi was appointed as Additional Director.
Ceased
Vipul Kishorkumar Parekh ceased to be Additional Director.
AGM
Areovision India Private Limited last Annual general meeting of members was held on 31 Dec 2021 as per latest MCA records.
Ceased
Pankaj Shantilal Doshi ceased to be Director.
Filing
Areovision India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai I.
Ceased
Leena Vipul Parekh ceased to be Director.
Appointed
Suresh Bachubhai Tarsaria was appointed as Director.
Ceased
Mansukhlal Lallubhai Parekh ceased to be Director.
Incorporation
24 Jun 2008
Areovision India Private Limited was registered on 24 Jun 2008 with Roc Mumbai I & aged 18 years 4 months as per MCA records.
Frequently asked questions
Areovision India is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 June 2008 (18+ years old) and is registered under CIN U51505MH2008PTC183919.
Areovision India has 3 current directors:
- Pankaj Shantilal Doshi - Additional Director
- Suresh Bachubhai Tarsaria - Director
- Vanshita Suresh Tarasariya - Additional Director
The latest financial statements of Areovision India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 31 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Areovision India is 27AABCL4858M1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Areovision India is U51505MH2008PTC183919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Areovision India has 19 court cases on record: 18 filed by the company and 1 filed against it. Most are in the nclt.
Areovision India was incorporated on 24 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Vanshita Suresh Tarasariya was appointed as Additional Director on 16 Feb 2026. Pankaj Shantilal Doshi was appointed as Additional Director on 01 Apr 2022. Vipul Kishorkumar Parekh ceased to be Additional Director on 01 Apr 2022. Areovision India has 7 board changes on record in total.
Yes, Areovision India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0174343).
The registered office of Areovision India is at Office No. 5 1st Floor Taher Mansion Also Known As Haji Building, Narayan Dhuru Street Mandavi, Mumbai, Maharashtra, India – 400003.
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