
Enhance Holdings Private Limited
About Enhance Holdings Private Limited
Data last updated:
Enhance Holdings Private Limited is a private limited company based in Mahalaxmi, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the business support services segment of the business services sector. It was incorporated on 31 March 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2007PTC169479.
The company has an authorised share capital of ₹13.5 Cr and a paid-up capital of ₹13.09 Cr. It was formerly known as Kalani Holdings Private Limited. It is led by directors including Varun Parwal and Ashwin Rikhabraj Singhvi.
Its last annual general meeting (AGM) was held on 11 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mahalaxmi, Maharashtra.
Court records list 3 cases involving the company, including 3 filed against it.
Company details
Contact details
Enhance Holdings Private Limited's registered office is in Mahalaxmi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011
- IndustryBusiness Services, Business Support Services
To see the full contact details of Enhance Holdings 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 Enhance Holdings Private Limited
FY 2024 filings availableEnhance Holdings Private Limited reported revenue of ₹1,350 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years. 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 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Enhance Holdings Private Limited, buy the company report.
Board of directors of Enhance Holdings Private Limited
Enhance Holdings has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varun Parwal Also directs: Orcus Realty Limited, Columbus Investment Advisory LLP, Island Star Mall Developers Private Limited and 5 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Ashwin Rikhabraj Singhvi Also directs: Orcus Realty Limited, Thoth Mall and Commercial Real Estate Private Limited, Roomy Construction Company Private Limited and 2 more | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Vidyasagar Venkat Ratnam Pingali Also directs: Padmashil Hospitality and Leisure Private Limited, Mugwort Land Holdings Private Limited, Calypso Retail Private Limited and 5 more | Director | 02 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Enhance Holdings Private Limited is compared with the 10 companies closest to it by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hope Scientific (OPC) Private Limited | ₹1,516 (FY 2025) | Delhi, India | ||||
| Retailindia Leaders Association | ₹1,438 (FY 2025) | Delhi, India | ||||
| Meetish Infotech Private Limited | ₹1,409 (FY 2021) | -65.0% | New Delhi, Delhi, India | |||
| International Institute for Human Development | ₹1,394 (FY 2022) | -100.0% | New Delhi, Delhi, India | |||
| Parish Business Support Services Private Limited | ₹1,378 (FY 2022) | -96.0% | Gurgaon, Haryana, India | |||
| Enhance Holdings Private Limitedthis company | ₹1,350 (FY 2024) | Mahalaxmi, Maharashtra, India | ||||
| JBM Corporate Services Private Limited | ₹1,350 (FY 2023) | -56.0% | Gurugram, Haryana, India | |||
| Ujita Collection Private Limited | ₹1,277 (FY 2025) | -100.0% | Muzaffarpur, Bihar, India | |||
| Gigaparsec Solutions Private Limited | ₹1,260 (FY 2025) | -99.0% | Mumbai, Maharashtra, India | |||
| Aqueous Care Private Limited | ₹1,232 (FY 2025) | 1.0% | Allahabad, Uttar Pradesh, India | |||
| RFZ Management Private Limited | ₹1,228 (FY 2025) | -100.0% | Delhi, India |
To see the full peer comparison of Enhance Holdings Private Limited, buy the company report.
Auditor
Enhance Holdings Private Limited is audited by A. M. GHELANI & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A. M. GHELANI & COMPANY | FY 2023 | 103173W |
Shareholding
The shareholding of Enhance Holdings Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Enhance Holdings Private Limited, buy the company report.
Legal cases
Enhance Holdings Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Commercial suit | Filed against the company by The Phoenix Mills Limited and Anr | Disposed |
| Bombay High Court | Appeal | Filed against the company by The Phoenix Mills Limited and Anr | Disposed |
To see the full case history of Enhance Holdings 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 Enhance Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Enhance Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Enhance Holdings Private Limited has 17 board changes on record since 2008: 3 appointments and 14 cessations. The latest: Bhavesh Manilal Gada ceased to be Additional Director on 15 Jul 2024.
8 earlier events are in the company report.
Frequently asked questions
Enhance Holdings is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Enhance Holdings is a company pending strike off, currently registered as a private limited company based in Mahalaxmi, Maharashtra, India. The company works in business support services, within the business services industry. It was incorporated on 31 March 2007 and is registered under CIN U67120MH2007PTC169479. The company may be struck off soon - caution is advised.
The compliance status of Enhance Holdings is compliant as of 28 August 2026.
Enhance Holdings has 3 current directors:
- Varun Parwal - Director
- Ashwin Rikhabraj Singhvi - Director
- Vidyasagar Venkat Ratnam Pingali - Director
The CIN (Corporate Identification Number) of Enhance Holdings is U67120MH2007PTC169479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Enhance Holdings was incorporated on 31 March 2007. It is registered with the Registrar of Companies, Mumbai.
The registered office of Enhance Holdings is at CO Market City Resources Pvt. Ltd Ground Floor R.R. Hosiery Bldg Shree Luxmi Woollen Mi, Lls Estate, Mahalaxmi, Maharashtra, India – 400011.
The latest financial statements of Enhance Holdings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 11 September 2024. Year-wise statements from 2015 are in the company report.
Enhance Holdings operates in the business services industry, in the business support services segment.
The peers of Enhance Holdings by revenue are Hope Scientific (OPC) Private Limited, Retailindia Leaders Association, Meetish Infotech Private Limited, International Institute for Human Development, Parish Business Support Services Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).
Enhance Holdings has 3 court cases on record: 3 filed against it.

