About Avika Retail Online Private Limited
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Avika Retail Online Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 10 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2016PTC272999. Its GSTIN is 27AAOCA1498H1ZA (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Mehulkumar Narendrakumar Patel and Hirav Anil Virani.
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 222 – A Panchratna Mama Parmanand Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.18 Lakh. For the same year it recorded a net profit of ₹60.66 Lakh (net margin 72.1%) and EBITDA of ₹83.43 Lakh (EBITDA margin 99.1%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karpgroup.com.
Company details
Contact details
Avika Retail Online Private Limited's registered office is in Mumbai, Maharashtra. Its website is karpgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address222 – A Panchratna Mama Parmanand Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Avika Retail Online 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 Avika Retail Online Private Limited
FY 2025 filings availableAvika Retail Online Private Limited reported revenue of ₹84.18 Lakh for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹83.43 Lakh | ||||
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| Net Profit (PAT) | ₹60.66 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 99.1% | ||||
| Net Profit Margin | 72.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Avika Retail Online Private Limited, buy the company report.
Board of directors of Avika Retail Online Private Limited
Avika Retail Online has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehulkumar Narendrakumar Patel Also directs: Rockrush Online Private Limited, Karp Impex Limited | Director | 10 Feb 2016 | 10 Years 8 Months | Current |
| Hirav Anil Virani | Director | 06 May 2024 | 2 Years 6 Months | Current |
| Sumeet Pritam Rewari Also directs: Bombay Gymkhana Limited | Director | 10 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Avika Retail Online Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swarn Abhishek Private Limited | ₹90.23 Lakh (FY 2024) | 486.0% | Batala, Punjab, India | |||
| Sna Studios Private Limited | ₹87.77 Lakh (FY 2025) | -22.0% | Kolkata, West Bengal, India | |||
| Suffire Ekart Private Limited | ₹87.09 Lakh (FY 2024) | 39.0% | Delhi, India | |||
| Yoof Imagine Private Limited | ₹85.61 Lakh (FY 2024) | -63.0% | Delhi, India | |||
| Adorable Jewels India Private Limited | ₹84.3 Lakh (FY 2025) | 72.0% | Mumbai, Maharashtra, India | |||
| Avika Retail Online Private Limitedthis company | ₹84.18 Lakh (FY 2025) | ₹60.66 Lakh | 72.1% | Mumbai, Maharashtra, India | ||
| Ratna Sagar Jewels Private Limited | ₹83.89 Lakh (FY 2025) | -39.0% | Jaipur, Rajasthan, India | |||
| CK Pearls & Gems Private Limited | ₹80.87 Lakh (FY 2025) | 34.0% | Hyderabad, Telangana, India | |||
| Trisa Jewellery Private Limited | ₹79.93 Lakh (FY 2018) | 692.0% | Chennai, Tamil Nadu, India | |||
| Goodstone Jewels Private Limited | ₹78.35 Lakh (FY 2025) | -17.0% | Jaipur, Rajasthan, India | |||
| Glambug Mart Private Limited | ₹76.49 Lakh (FY 2024) | 142.0% | Attapur, Telangana, India |
To see the full peer comparison of Avika Retail Online Private Limited, buy the company report.
Auditor
Avika Retail Online Private Limited is audited by PKMG AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKMG AND COMPANY | FY 2023 | 0129894W |
Shareholding
The shareholding of Avika Retail Online 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 Avika Retail Online Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avika Retail Online 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 Avika Retail Online Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avika Retail Online has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCA1498H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avika Retail Online Private Limited, buy the company report.
Recent activity
Avika Retail Online Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Hirav Anil Virani ceased to be Additional Director on 24 Sep 2024.
Frequently asked questions
Avika Retail Online is an active private limited company based in Mumbai, Maharashtra, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 10 February 2016 (10+ years old) and is registered under CIN U74900MH2016PTC272999.
Avika Retail Online has 3 current directors:
- Mehulkumar Narendrakumar Patel - Director
- Hirav Anil Virani - Director
- Sumeet Pritam Rewari - Director
The latest financial statements of Avika Retail Online 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 Avika Retail Online is 27AAOCA1498H1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avika Retail Online is U74900MH2016PTC272999. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avika Retail Online was incorporated on 10 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Avika Retail Online by revenue are Swarn Abhishek Private Limited, Sna Studios Private Limited, Suffire Ekart Private Limited, Yoof Imagine Private Limited, Adorable Jewels India Private Limited and 5 more, all in the Ecommerce and Internet industry (Watches and Jewellery).
Hirav Anil Virani ceased to be Additional Director on 24 Sep 2024. Hirav Anil Virani was appointed as Director on 06 May 2024. Mehulkumar Narendrakumar Patel was appointed as Director on 10 Feb 2016. Avika Retail Online has 4 board changes on record in total.
Avika Retail Online can be reached through the website karpgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Avika Retail Online is at 222 – A Panchratna Mama Parmanand Marg Opera House Girgaon, Mumbai, Maharashtra, India – 400004.
Avika Retail Online operates in the e-commerce industry, in the online watches and jewelry retail segment.
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