FRSH Ventures Private Limited
About FRSH Ventures Private Limited
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FRSH Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Scentials Beautycare And Wellness Private Limited. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 26 February 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2020PTC338270. Its GSTIN is 27AAECF0349Q1Z8 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Bhupathi and Vikram Tanwar.
Its last annual general meeting (AGM) was held on 14 November 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. D 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2023, the company reported a revenue of ₹5.72 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹5.09 Cr (net margin -89.1%) and EBITDA of -₹4.19 Cr (EBITDA margin -73.3%).
As per MCA filings, the company has open charges of ₹2 Cr on record.
Company details
Contact details
FRSH 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 AddressPlot No. D 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of FRSH 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 FRSH Ventures is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of FRSH Ventures Private Limited, buy the company report.
Financials of FRSH Ventures Private Limited
FY 2023 filings availableFRSH Ventures Private Limited reported revenue of ₹5.72 Cr (down 38% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA fell 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹5.72 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.19 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹5.09 Cr | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -73.3% | |||
| Net Profit Margin | -89.1% | |||
| 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 FRSH Ventures Private Limited, buy the company report.
Board of directors of FRSH Ventures Private Limited
FRSH Ventures has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Bhupathi | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Vikram Tanwar | Director | 27 May 2020 | 6 Years 4 Months | Current |
Auditor
FRSH Ventures Private Limited is audited by Abhi Desai & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abhi Desai & Co. | FY 2023 | 152150 |
Shareholding
The shareholding of FRSH Ventures Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of FRSH Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2020 | 100394060 | Others | ₹2 Cr | Open |
To see the full charge records of FRSH Ventures Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving FRSH 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
FRSH Ventures Private Limited has 5 MSME Form 1 returns on record between 2023 and 2024, listing 115 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Andras India Services Private Limited | |||
| Ntl-Logistics (India) Private Limited | |||
| Savani Transports Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of FRSH Ventures Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
FRSH Ventures has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF0349Q1Z8 | Maharashtra | Active | 09 Apr 2020 |
| 29AAECF0349Q1Z4 | Karnataka | Active | 14 Aug 2020 |
| 07AAECF0349Q1ZA | Delhi | Active | 24 Sep 2020 |
To see the full GST registrations and return filing status of FRSH Ventures Private Limited, buy the company report.
Recent activity
FRSH Ventures Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Manoj Balvantrai Mehta ceased to be Director on 18 Nov 2020.
Frequently asked questions
FRSH Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 26 February 2020 (6+ years old) and is registered under CIN U74994MH2020PTC338270.
FRSH Ventures has 2 current directors:
- Mahesh Bhupathi - Director
- Vikram Tanwar - Director
The latest financial statements of FRSH Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 14 November 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of FRSH Ventures is 27AAECF0349Q1Z8, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAECF0349Q1Z4 (Karnataka), 07AAECF0349Q1ZA (Delhi).
The CIN (Corporate Identification Number) of FRSH Ventures is U74994MH2020PTC338270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FRSH Ventures was incorporated on 26 February 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Manoj Balvantrai Mehta ceased to be Director on 18 Nov 2020. Vikram Tanwar was appointed as Director on 27 May 2020. Mahesh Bhupathi was appointed as Director on 26 Feb 2020.
FRSH Ventures has 5 MSME Form 1 returns on record between 2023 and 2024, listing 115 overdue payments to 13 micro and small suppliers. The latest return was filed on 04 Jul 2024.
The registered office of FRSH Ventures is at Plot No. D 5 Road No. 20 Marol MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
FRSH Ventures operates in the FMCG industry, in the personal care and skincare products segment.
FRSH Ventures has open charges of ₹2 Cr and no satisfied charges on record as per latest MCA filings.