About Belita Retail Private Limited
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Belita Retail Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Enrich Hair And Skin Solutions Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 15 September 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC222046. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.76 Lakh. It was led by directors including Garima Jain and Akshay Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at D – 712 7th Floor Sungrace Chs Ltd Raheja Vihar Chandivali Pawai, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2019, the company reported a revenue of ₹45,628, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.73 Lakh and EBITDA of -₹27,366 (EBITDA margin -60%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years.
The company was associated with 1 brand: Belita. As per MCA filings, the company had satisfied charges of ₹50 Lakh on record. The company has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.98 Cr; the latest was in September 2017. Its 3 peer companies in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment) are compared by revenue, 1 larger and 2 smaller; the largest is Metal Ma Fashion & Spa Private Limited with revenue of ₹54,311.
The last known website on record is belitaindia.com.
Company details
Contact details
Belita Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is belitaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 712 7th Floor Sungrace Chs Ltd Raheja Vihar Chandivali Pawai, Mumbai, Maharashtra, India – 400072
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of Belita Retail 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
Brands
Belita Retail operates one associated brand: Belita. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| On-demand beauty and salon services are delivered at home. | belitaindia.com |
Business activity
The main business activity of Belita Retail is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
Financials of Belita Retail Private Limited
FY 2019 filings availableBelita Retail Private Limited reported revenue of ₹45,628 (up 162% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 162% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 86%. EBITDA fell 24% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹27,366 | ||||
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| Net Profit (PAT) | -₹10.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -60% | ||||
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To see the full financial statements and ratios of Belita Retail Private Limited, buy the company report.
Board of directors of Belita Retail Private Limited
Belita Retail has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Garima Jain Also directs: Omizoo Private Limited | Director | 15 Sep 2011 | 15 Years 1 Months | As last reported |
| Akshay Jain Also directs: Vedam Design & Technical Consultancy Private Limited | Director | 06 Jul 2015 | 11 Years 4 Months | As last reported |
| Bhupesh Dinger Also directs: Biomebar Health and Wellness Solutions Private Limited | Director | 01 Aug 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Belita Retail Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Beauty Salons and Spas), with the same principal business activity (washing and cleaning of textile and fur products, hair dressing and other beauty treatment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Metal Ma Fashion & Spa Private Limited | ₹54,311 (FY 2017) | -8.0% | New Delhi, Delhi, India | |||
| Belita Retail Private Limitedthis company | ₹45,628 (FY 2019) | -₹10.73 Lakh | 162.0% | Mumbai, Maharashtra, India | ||
| Hair Club for Men Private Limited | ₹30,863 (FY 2024) | -92.0% | Ahmedabad, Gujarat, India | |||
| Salonapple Services and Academy Limited | ₹30,000 (FY 2024) | -97.0% | Pune, Maharashtra, India |
To see the full peer comparison of Belita Retail Private Limited, buy the company report.
Auditor
Belita Retail Private Limited is audited by CHARUDATTA MANTRI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHARUDATTA MANTRI & CO | FY 2017 | 124933W |
Shareholding
The shareholding of Belita Retail Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Belita Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2013 | 10423431 | Dena Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Belita Retail Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Belita Retail Private Limited has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.98 Cr; the latest was in September 2017.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2017 | Acquisition | ₹11.85 Cr | Buyer: Enrich Hair and Skin Solutions Private Limited Seller: India Quotient, Others Belita Retail Private Limited, 2 individuals |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Others Belita Retail Private Limited, an individual Seller: 4 individuals |
| Aug 2015 | Funding round · Series B | ₹2.25 Cr | Investors: 4 individuals |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Belita 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
No court or tribunal cases involving Belita Retail 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 Belita Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Belita Retail has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Belita Retail Private Limited, buy the company report.
Recent activity
Belita Retail Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Anandkumar Raichand Lunia ceased to be Director on 29 May 2018.
Frequently asked questions
Belita Retail has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Belita Retail was a private limited company based in Mumbai, Maharashtra, India. The company worked in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 15 September 2011 and is registered under CIN U74120MH2011PTC222046. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Belita Retail was incorporated on 15 September 2011. It is registered with the Registrar of Companies, Mumbai.
Belita Retail had 3 directors:
- Garima Jain - Director
- Akshay Jain - Director
- Bhupesh Dinger - Director
The CIN (Corporate Identification Number) of Belita Retail is U74120MH2011PTC222046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Belita Retail is at D – 712 7th Floor Sungrace Chs Ltd Raheja Vihar Chandivali Pawai, Mumbai, Maharashtra, India – 400072.
Belita Retail can be reached through the website belitaindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Belita Retail on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Belita Retail has 1 GST registration on record and it is cancelled or inactive.
Belita Retail operated in the health and wellness services industry, in the beauty salons and wellness spas segment.
Belita Retail has 7 deals on record (3 funding rounds, 3 secondary share transfers, 1 acquisition), with disclosed funding of ₹2.98 Cr; the latest was in September 2017.
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