MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0197433
Calvin Associates Private Limited
Calvin Associates Private Limited - business outsourcing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.43 Cr
▲ 28% YoY
Net profit · FY 2024
₹1.06 Cr
Net margin 43.4%
EBITDA · FY 2024
₹2.02 Cr
EBITDA margin 83.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹4.27 Cr
Company age
41 yrs
Est. 1985
Directors on board
2
As per MCA filings
About Calvin Associates Private Limited
Data last updated:
Calvin Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 16 December 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH1985PTC038339. Its GSTIN is 27AAACR1841F1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Calvin Properties Private Ltd and Red Rose Silk Mills Private Limited. It is led by directors Poonam Kausshal Bagadia and Kausshal Kanhayalal Bagadia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 107 Niranjan99 Marine Drive, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.43 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Cr (net margin 43.4%) and EBITDA of ₹2.02 Cr (EBITDA margin 83.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹4.27 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Calvin Associates Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0197433). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51100MH1985PTC038339
Registration Number 038339
Incorporation Date 16 December 1985
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0197433
Name history
Calvin Associates has undergone 2 name changes throughout its history. The company was previously known as Calvin Properties Private Ltd, and Red Rose Silk Mills Private Limited. The current legal name is Calvin Associates Private Limited.
| Company Name | Status |
|---|---|
| Calvin Associates Private Limited | Current |
| Calvin Properties Private Ltd | Previous |
| Red Rose Silk Mills Private Limited | Previous |
CIN history
Calvin Associates has one previous CIN (Corporate Identification Number): U17120MH1985PTC038339. The current CIN is U51100MH1985PTC038339, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH1985PTC038339 | Current |
| U17120MH1985PTC038339 | Previous |
Recognitions & Rankings of Calvin Associates
Contact details
Calvin Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address107 Niranjan99 Marine Drive, Mumbai, Maharashtra, India – 400005
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Calvin Associates Private Limited, buy the company report.
Comprehensive company report
Calvin Associates 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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Secure checkout · GST invoice included
Financials of Calvin Associates Private Limited
FY 2025 filings availableCalvin Associates Private Limited reported revenue of ₹2.43 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹2.43 Cr ▲ 28%
Net profit · FY 2024
₹1.06 Cr margin 43.4%
EBITDA · FY 2024
₹2.02 Cr margin 83.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 14%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 18%
5 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 28% growth in the latest year. EBITDA rose 29% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.02 Cr | ||||
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| Net Profit (PAT) | ₹1.06 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.2% | ||||
| Net Profit Margin | 43.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Calvin Associates Private Limited, buy the company report.
Board of directors of Calvin Associates Private Limited
Calvin Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Poonam Kausshal Bagadia | Director | 21 Sep 2009 | 17 Years 1 Months | Current |
| Kausshal Kanhayalal Bagadia Also directs: Acmepack Pvt Ltd, Calvin Investment Company Private Limited, Calvin Trade and Developers Private Limited and 2 more | Director | 05 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Calvin Associates Private Limited is audited by SARAF & CHANDRA LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAF & CHANDRA LLP | FY 2022 | 0315096E |
Shareholding
The shareholding of Calvin Associates 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 Calvin Associates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹4.27 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2023 | 100741260 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 27 Jul 2009 | 10172915 | Nkgsb Co-Operative Bank Ltd. | ₹4.27 Cr | Satisfied |
To see the full charge records of Calvin Associates Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Calvin Associates Private Limited has 4 court cases on record: 3 filed by Calvin Associates, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Commercial suit | Filed by the company against Silver Land Developers Private Limited and 2 others | Pending |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Carestream Health India Private Limited | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The Divisional Joint Registrar Cooperativ Societys and Ors and 3 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed by the company against an individual | Disposed |
To see the full case history of Calvin Associates 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 Calvin Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Calvin Associates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR1841F1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Calvin Associates Private Limited, buy the company report.
Recent activity
Calvin Associates Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Poonam Kausshal Bagadia ceased to be Additional Director on 30 Sep 2010.
AGM
Calvin Associates Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Calvin Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 500.00 Lakh with Charge ID 100741260 was registered on 12 Jun 2023.
Charges
A charge registered on 27 Jul 2009 via Charge ID 10172915 with Nkgsb Co-Operative Bank Ltd. was fully satisfied on 25 Sep 2013.
Charges
A charge with Nkgsb Co-Operative Bank Ltd. of Rs. 427.00 Lakh registered on 27 Jul 2009 with Charge ID 10172915 was modified on 13 Jun 2011.
Ceased
Poonam Kausshal Bagadia ceased to be Additional Director.
Ceased
Kanhayalal Bagadia ceased to be Director.
Appointed
Poonam Kausshal Bagadia was appointed as Director.
Charges
A charge with Nkgsb Co-Operative Bank Ltd. amounted to Rs. 427.00 Lakh with Charge ID 10172915 was registered on 27 Jul 2009.
Appointed
Kausshal Kanhayalal Bagadia was appointed as Director.
Incorporation
16 Dec 1985
Calvin Associates Private Limited was registered on 16 Dec 1985 with Roc Mumbai & aged 40 years 10 months as per MCA records.
Frequently asked questions
Calvin Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 16 December 1985 (41+ years old) and is registered under CIN U51100MH1985PTC038339.
Calvin Associates has 2 current directors:
- Poonam Kausshal Bagadia - Director
- Kausshal Kanhayalal Bagadia - Director
The latest financial statements of Calvin Associates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Calvin Associates is 27AAACR1841F1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Calvin Associates is U51100MH1985PTC038339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Calvin Associates has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Calvin Associates was incorporated on 16 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Poonam Kausshal Bagadia ceased to be Additional Director on 30 Sep 2010. Kanhayalal Bagadia ceased to be Director on 30 Sep 2009. Poonam Kausshal Bagadia was appointed as Director on 21 Sep 2009. Calvin Associates has 4 board changes on record in total.
Yes, Calvin Associates is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0197433).
The registered office of Calvin Associates is at 107 Niranjan99 Marine Drive, Mumbai, Maharashtra, India – 400005.