MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0019408
Corvi Led Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.52 Cr
▼ 26% YoY
Net loss · FY 2024
₹7.77 Cr
Net margin -67.5%
EBITDA · FY 2024
-₹3.49 Cr
EBITDA margin -30.3%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹2.23 Cr
Issued & subscribed
Open charges
₹6.52 Cr
Satisfied ₹32.4 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
48
Provident fund records
About Corvi Led Limited
Data last updated:
Corvi Led Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PLC256575. Its GSTIN is 27AAFCC7218J1ZI (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹2.23 Cr. It is led by directors including Shlok Vimal Soni and Vimal Jayant Soni.
Its last annual general meeting (AGM) was held on 30 September 2024, 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 ₹11.52 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹7.77 Cr (net margin -67.5%) and EBITDA of -₹3.49 Cr (EBITDA margin -30.3%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 33% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Corvi. As per MCA filings, the company has open charges of ₹6.52 Cr and satisfied charges of ₹32.4 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹161.82 Cr; the latest was in July 2024.
Corvi Led Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0019408). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website corvi.com.
Company details
CIN U74900MH2014PLC256575
Registration Number 256575
Incorporation Date 25 July 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0019408
CIN history
Corvi Led has one previous CIN (Corporate Identification Number): U74900MH2014PTC256575. The current CIN is U74900MH2014PLC256575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2014PLC256575 | Current |
| U74900MH2014PTC256575 | Previous |
Key People
Shlok Vimal Soni Director Kunal Avinash Kumthekar Nominee Director Vimal Jayant Soni Director Recognitions & Rankings of Corvi Led
Contact details
Corvi Led Limited's registered office is in Mumbai, Maharashtra. Its website is corvi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Ganesh Building Nr. Adhyaru Ind Estate, Sun Mill Compd S.J Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Corvi Led Limited, buy the company report.
Comprehensive company report
Corvi Led 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 Corvi Led is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Corvi Led Limited, buy the company report.
Financials of Corvi Led Limited
FY 2024 filings availableCorvi Led Limited reported revenue of ₹11.52 Cr (down 26% YoY) for FY 2024.
Revenue · FY 2024
₹11.52 Cr ▼ 26%
Net loss · FY 2024
₹7.77 Cr margin -67.5%
EBITDA · FY 2024
-₹3.49 Cr margin -30.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 26%
3 years · compounded
▼ 25%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 3%
5 years · compounded
▲ 27%
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 26% fall in the latest year. EBITDA rose 11% 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 | -₹3.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.77 Cr | ||||
| Balance Sheet | |||||
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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 | -30.3% | ||||
| Net Profit Margin | -67.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Corvi Led Limited, buy the company report.
Board of directors of Corvi Led Limited
Corvi Led has 4 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 |
|---|---|---|---|---|
| Shlok Vimal Soni Also directs: Interline Design LLP | Director | 01 Sep 2023 | 3 Years 1 Months | Current |
| Kunal Avinash Kumthekar Also directs: Kpin Real Estate Ventures LLP, Raa Investment Capital Advisory LLP, Plexus Capital Ventures Private Limited and 5 more | Nominee Director | 21 Aug 2024 | 2 Years 2 Months | Current |
| Vimal Jayant Soni | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
| Hitesh Prakash Mutha | Nominee Director | 21 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Corvi Led Limited is audited by A V Gandhi and Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A V Gandhi and Co. | FY 2024 | 141344W |
Shareholding
The shareholding of Corvi Led Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Corvi Led Limited, buy the company report.
Charges & borrowings
Open charges
₹6.52 Cr
Satisfied charges
₹32.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100258770 | Others | ₹2.24 Cr | Open | |
| 22 Feb 2017 | 100106675 | Others | ₹4.28 Cr | Open | |
| 18 Feb 2020 | 100383519 | Others | ₹3.5 Cr | Satisfied | |
| 15 Apr 2019 | 100258794 | Others | ₹1 Cr | Satisfied | |
| 30 Mar 2019 | 100270292 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Corvi Led Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Corvi Led Limited has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹161.82 Cr; the latest was in July 2024.
Total deals
7
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Debt financing
1
Disclosed funding
₹161.82 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: Alpna Enterprises, Enam Investments Private Limited , 2 individuals Seller: Hero Enterprise Partner Ventures, 2 individuals |
| Jul 2024 | Funding round · Series B | ₹66.82 Cr | Investors: Enam Investments |
| Jun 2024 | Debt financing | ₹25 Cr | Investors: Akash Bhanshali Family Office, Alpna Enterprises, Dhoot Instruments Private Limited |
| Oct 2016 | Funding round | ₹5 Cr | Investors: an individual |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
To see the full deal history of Corvi Led 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
Corvi Led Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Disposed |
To see the full case history of Corvi Led 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 Corvi Led Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Corvi Led Limited has a workforce of 48 employees on its EPFO records as of Feb 26, 2025, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Employee growth
100%
GST
Corvi Led has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCC7218J1ZI | Maharashtra | Active | 01 Jul 2017 |
| 06AAFCC7218J1ZM | Haryana | Active | 01 Jan 2019 |
| 24AAFCC7218J1ZO | Gujarat | Active | 11 Feb 2019 |
To see the full GST registrations and return filing status of Corvi Led Limited, buy the company report.
Recent activity
Corvi Led Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Ankit Agarwal ceased to be Nominee Director on 30 Sep 2024.
AGM
Corvi Led Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ankit Agarwal ceased to be Nominee Director.
Appointed
Hitesh Prakash Mutha was appointed as Nominee Director.
Appointed
Kunal Avinash Kumthekar was appointed as Nominee Director.
Ceased
Shlok Vimal Soni ceased to be Additional Director.
Charges
A charge with Others of Rs. 2.24 Cr registered on 30 Mar 2019 with Charge ID 100258770 was modified on 30 Apr 2024.
Charges
A charge with Others of Rs. 4.28 Cr registered on 22 Feb 2017 with Charge ID 100106675 was modified on 30 Apr 2024.
Charges
A charge registered on 18 Feb 2020 via Charge ID 100383519 with Others was fully satisfied on 25 Apr 2024.
Charges
A charge registered on 15 Apr 2019 via Charge ID 100258794 with Others was fully satisfied on 25 Apr 2024.
Charges
A charge registered on 30 Mar 2019 via Charge ID 100270292 with Others was fully satisfied on 25 Apr 2024.
Charges
A charge registered on 06 Jan 2017 via Charge ID 100072011 with Others was fully satisfied on 25 Apr 2024.
Filing
Corvi Led Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
17 earlier events are in the company report.
News
Frequently asked questions
Corvi Led is an active public limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 July 2014 (12+ years old) and is registered under CIN U74900MH2014PLC256575.
Corvi Led has 4 current directors:
- Shlok Vimal Soni - Director
- Kunal Avinash Kumthekar - Nominee Director
- Vimal Jayant Soni - Director
- Hitesh Prakash Mutha - Nominee Director
The latest financial statements of Corvi Led on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Corvi Led is 27AAFCC7218J1ZI, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAFCC7218J1ZM (Haryana), 24AAFCC7218J1ZO (Gujarat).
The CIN (Corporate Identification Number) of Corvi Led is U74900MH2014PLC256575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Corvi Led has 1 court case on record: 1 filed against it.
Corvi Led was incorporated on 25 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Corvi Led has 7 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹161.82 Cr; the latest was in July 2024.
Ankit Agarwal ceased to be Nominee Director on 30 Sep 2024. Hitesh Prakash Mutha was appointed as Nominee Director on 21 Aug 2024. Kunal Avinash Kumthekar was appointed as Nominee Director on 21 Aug 2024. Corvi Led has 8 board changes on record in total.
Yes, Corvi Led is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0019408).