About Azuretale Private Limited
Data last updated:
Azuretale Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 20 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2021PTC357497. Its GSTIN is 27AAUCA9803E1ZD (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹53 Lakh and a paid-up capital of ₹52.98 Lakh. It is led by directors including Akash Amit Shah (Whole-Time Director) and Akash Ajay Dhoot (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.15 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹55.98 Lakh (net margin 1.6%) and EBITDA of ₹84.28 Lakh (EBITDA margin 2.5%).
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Better Alt. As per MCA filings, the company has open charges of ₹325 Cr and satisfied charges of ₹50 Lakh on record. The company has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.21 Cr; the latest was in January 2022. Its 10 peer companies in the Ecommerce and Internet industry (Healthcare Products) are compared by revenue, 5 larger and 5 smaller; the largest is Wellness Ville Private Limited with revenue of ₹36.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thebetteralt.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOne International Centre Unit No. 2401 24th Floor Tower 2, Senapati Bapat Marg – Prabhadevi, Mumbai, Maharashtra, India – 400013
- IndustryE-Commerce, Online Healthcare Product Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Azuretale Private Limited
The main business activity of Azuretale is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Azuretale Private Limited FY 2024 filings available
Azuretale Private Limited reported revenue of ₹34.15 Cr (up 606% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Azuretale Private Limited
Revenue rose 606% in the latest year. EBITDA rose 148% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Azuretale Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹84.28 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹55.98 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 of Azuretale Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.5% | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Azuretale are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Azuretale Private Limited
Azuretale Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wellness Ville Private Limited | ₹36.5 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Gurgaon, Haryana, India |
| Gayatri Ayupharma Private Limited | ₹35.89 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| Pharmonix Biologicals Private Limited | ₹35.43 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Thane, Maharashtra, India |
| Drstore Healthcare Services India Private Limited | ₹35.13 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Thane, Maharashtra, India |
| Oddity Healthcare Private Limited | ₹34.56 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Azuretale Private Limited this company | ₹34.15 Cr (FY 2024) | •••• | •••• | 606.0% | •••• | Mumbai, Maharashtra, India |
| QNT Sport India Private Limited | ₹33.39 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Maheshwari Pharmaceuticals (India) Limited | ₹32.92 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Hyuga Ecommerce Ventures Private Limited | ₹32.17 Cr (FY 2024) | •••• | •••• | 1937.0% | •••• | Mumbai, Maharashtra, India |
| Kamal Healthcare Products Private Limited | ₹32.01 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Tuticorin, Tamil Nadu, India |
| Jayant Specialities Private Limited | ₹31.59 Cr (FY 2024) | •••• | •••• | -32.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Azuretale by revenue in the Ecommerce and Internet industry (Healthcare Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Azuretale Private Limited
Azuretale Private Limited is audited by Rajendra.K.NIMLA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Rajendra.K.NIMLA & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Azuretale Private Limited
Azuretale has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeevkumar Taparia Also directs: Vishwamukh Trading LLP, Quanterra Stratergies LLP, Gyan Plantations Private Limited and 5 more | Director | 15 May 2023 | 3 Years 4 Months | Current |
| Akash Amit Shah | Whole-Time Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Akash Ajay Dhoot Also directs: Ha Consultancy LLP, Saudaa Labs Private Limited | Whole-Time Director | 25 Aug 2021 | 5 Years 1 Months | Current |
| Jinay Bharat Jain Also directs: Guardian Nutrition and Healthcare Private Limited, Anveya Living Private Limited, Bevzilla Private Limited and 5 more | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Ashutosh Taparia Also directs: Vishwamukh Trading LLP, Quanterra Stratergies LLP, Gyan Plantations Private Limited and 5 more | Director | 15 May 2023 | 3 Years 4 Months | Current |
Ownership and Shareholding of Azuretale Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Azuretale Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Dec 2025 | Others | ₹325 Cr | Open |
| 19 Aug 2022 | Others | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Azuretale Private Limited
Azuretale Private Limited has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.21 Cr; the latest was in January 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹2.21 Cr | Investors: Plan B Innovations Labs, Angel List, LVX (LetsVenture) |
| Nov 2021 | Rights issue | ₹25 Lakh | Investors: 2 individuals |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Azuretale Private Limited
Azuretale operates one associated brand: Better Alt. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand of mushroom coffee, millet & beet root powder | thebetteralt.com |
Employees and EPFO Compliance at Azuretale Private Limited
Azuretale Private Limited has a workforce of 49 employees as of Dec 24, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Azuretale Private Limited
Azuretale Private Limited has 13 board changes on record since 2021: 5 appointments and 8 cessations. The latest: Jinay Bharat Jain ceased to be Additional Director on 29 Sep 2025.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Azuretale Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Azuretale Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Azuretale Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Azuretale Private Limited
Azuretale has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCA9803E1ZD | Maharashtra | Active | 05 May 2021 |
| 06AAUCA9803E2ZG | Haryana | Active | 19 Oct 2023 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Azuretale Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Azuretale Private Limited
Azuretale is an active private limited company based in Mumbai, Maharashtra, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 20 March 2021 (5+ years old) and is registered under CIN U51909MH2021PTC357497.
Azuretale reported revenue of ₹34.15 Cr for FY 2024 (up 606% YoY).
Azuretale has 5 current directors:
- Akash Amit Shah - Whole-Time Director
- Akash Ajay Dhoot - Whole-Time Director
- Sanjeevkumar Taparia - Director
- Jinay Bharat Jain - Director
- Ashutosh Taparia - Director
Azuretale reported a net profit of ₹55.98 Lakh (net margin 1.6%) and EBITDA of ₹84.28 Lakh (EBITDA margin 2.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Azuretale is 27AAUCA9803E1ZD, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAUCA9803E2ZG (Haryana).
The CIN (Corporate Identification Number) of Azuretale is U51909MH2021PTC357497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azuretale was incorporated on 20 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Azuretale has 3 deals on record (1 rights issue, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2.21 Cr; the latest was in January 2022.
The peers of Azuretale by revenue are Wellness Ville Private Limited, Gayatri Ayupharma Private Limited, Pharmonix Biologicals Private Limited, Drstore Healthcare Services India Private Limited, Oddity Healthcare Private Limited and 5 more, all in the Ecommerce and Internet industry (Healthcare Products).
Jinay Bharat Jain ceased to be Additional Director on 29 Sep 2025. Jinay Bharat Jain was appointed as Director on 01 Aug 2025. Ashutosh Taparia was appointed as Director on 15 May 2023. Azuretale has 13 board changes on record in total.
Yes, Azuretale is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).