Essence Retail Ventures Private Limited
About Essence Retail Ventures Private Limited
Data last updated:
Essence Retail Ventures Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate leasing and property management segment of the real estate sector. It was incorporated on 23 March 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2006PTC160687.
The company had an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It was led by directors Janvi Dinesh Pamnani and Dinesh Rajkumar Pamnani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1603 Lok Nirman Bldg A/3 Wing Ambedkar Road Khar West Near Soni Medical Store, Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.4 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net loss of ₹8.61 Lakh (net margin -358%) and EBITDA of -₹71,604 (EBITDA margin -29.8%).
As per MCA filings, the company had satisfied charges of ₹7.38 Cr on record.
Company details
Contact details
Essence Retail Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1603 Lok Nirman Bldg A/3 Wing Ambedkar Road Khar West Near Soni Medical Store, Mumbai, Maharashtra, India – 400052
- IndustryReal Estate, Real Estate Leasing, Contractual Work
To see the full contact details of Essence Retail Ventures 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
Business activity
The main business activity of Essence Retail Ventures is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Essence Retail Ventures Private Limited, buy the company report.
Financials of Essence Retail Ventures Private Limited
FY 2020 filings availableEssence Retail Ventures Private Limited reported revenue of ₹2.4 Lakh (up 65% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 65% in the latest 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 |
|---|---|---|---|---|---|
| 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 | -₹71,604 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.61 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -29.8% | ||||
| Net Profit Margin | -358% | ||||
| 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 Essence Retail Ventures Private Limited, buy the company report.
Board of directors of Essence Retail Ventures Private Limited
Essence Retail Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Janvi Dinesh Pamnani | Director | 26 Jun 2009 | 17 Years 4 Months | As last reported |
| Dinesh Rajkumar Pamnani | Director | 23 Mar 2006 | 20 Years 7 Months | As last reported |
Peer comparison
Essence Retail Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Havendwell Developers Private Limited | ₹2.41 Lakh (FY 2021) | Padrauna, Uttar Pradesh, India | ||||
| DKG Estates Private Limited | ₹2.41 Lakh (FY 2025) | -60.0% | Delhi, India | |||
| Anamika Infracon Private Limited | ₹2.41 Lakh (FY 2024) | -7.0% | Kuchaman, Rajasthan, India | |||
| Linkway Projects Private Limited | ₹2.41 Lakh (FY 2025) | 502.0% | Kolkata, West Bengal, India | |||
| Aatharva Devcon Private Limited | ₹2.41 Lakh (FY 2024) | 34.0% | Indore, Madhya Pradesh, India | |||
| Essence Retail Ventures Private Limitedthis company | ₹2.4 Lakh (FY 2019) | -₹8.61 Lakh | -358% | 65.0% | Mumbai, Maharashtra, India | |
| Reliable Tradex Private Limited | ₹2.4 Lakh (FY 2018) | Delhi, India | ||||
| Swarneem Developers Private Limited | ₹2.4 Lakh (FY 2019) | -49.0% | New Delhi, Delhi, India | |||
| Akash Buildcons Private Limited | ₹2.4 Lakh (FY 2024) | 1614.0% | Agra, Uttar Pradesh, India | |||
| Adi Business Ventures Private Limited | ₹2.4 Lakh (FY 2019) | -46.0% | Kolkata, West Bengal, India | |||
| Vishwakarma Shakti Private Limited | ₹2.4 Lakh (FY 2023) | Delhi, India |
To see the full peer comparison of Essence Retail Ventures Private Limited, buy the company report.
Auditor
Essence Retail Ventures Private Limited is audited by Shankar & Kishor for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shankar & Kishor | FY 2017 | 112451W |
Shareholding
The shareholding of Essence Retail Ventures 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 Essence Retail Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2007 | 10069650 | Punjab National Bank | ₹7.38 Cr | Satisfied |
To see the full charge records of Essence Retail Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Essence Retail Ventures 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 Essence Retail Ventures 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 Essence Retail Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Essence Retail Ventures Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Janvi Dinesh Pamnani ceased to be Additional Director on 10 Sep 2012.
Frequently asked questions
Essence Retail Ventures 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.
Essence Retail Ventures was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate leasing, within the real estate industry. It was incorporated on 23 March 2006 and is registered under CIN U51900MH2006PTC160687. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Essence Retail Ventures was incorporated on 23 March 2006. It is registered with the Registrar of Companies, Mumbai.
Essence Retail Ventures had 2 directors:
- Janvi Dinesh Pamnani - Director
- Dinesh Rajkumar Pamnani - Director
The CIN (Corporate Identification Number) of Essence Retail Ventures is U51900MH2006PTC160687. 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 Essence Retail Ventures is at 1603 Lok Nirman Bldg A3 Wing Ambedkar Road Khar West Near Soni Medical Store, Mumbai, Maharashtra, India – 400052.
The latest financial statements of Essence Retail Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Essence Retail Ventures operated in the real estate industry, in the real estate leasing segment.
The peers of Essence Retail Ventures by revenue are Havendwell Developers Private Limited, DKG Estates Private Limited, Anamika Infracon Private Limited, Linkway Projects Private Limited, Aatharva Devcon Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Janvi Dinesh Pamnani ceased to be Additional Director on 10 Sep 2012. Abhay Bengeri ceased to be Director on 28 Jul 2009. Janvi Dinesh Pamnani was appointed as Director on 26 Jun 2009. Essence Retail Ventures has 4 board changes on record in total.
Essence Retail Ventures has no open charges and satisfied charges of ₹7.38 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
