Startup India Government of India
Garishtha Ventures Private Limited - electrical in Ulhasnagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.5 Lakh
▼ 73% YoY
Net profit · FY 2024
₹13,611
Net margin 0.4%
EBITDA · FY 2024
₹69,180
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
3
Provident fund records
Directors on board
6
As per MCA filings
About Garishtha Ventures Private Limited
Data last updated:
Garishtha Ventures Private Limited is a private limited company based in Ulhasnagar, Maharashtra, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the electrical equipment sector. It was incorporated on 25 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH2019PTC324531. Its GSTIN is 27AAHCG7924R1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ritesh Harbhajan Ailsinghani and Sunil Juriani.
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 Office On Basement Amar Residency Barrack No. 2123 Dist Thane, Ulhasnagar, Maharashtra, India – 421005.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.5 Lakh, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹13,611 (net margin 0.4%) and EBITDA of ₹69,180 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
Garishtha Ventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0024485). For more details, the company can be reached via its website garishtha.co.in.
Company details
CIN U31100MH2019PTC324531
Registration Number 324531
Incorporation Date 25 April 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0024485
CIN history
Garishtha Ventures has one previous CIN (Corporate Identification Number): U19110MH2019PTC324531. The current CIN is U31100MH2019PTC324531, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100MH2019PTC324531 | Current |
| U19110MH2019PTC324531 | Previous |
Key People
Ritesh Harbhajan Ailsinghani Director Sunil Juriani Director Prakash Madanlal Sareen Director Recognitions & Rankings of Garishtha Ventures
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0024485
Contact details
Garishtha Ventures Private Limited's registered office is in Ulhasnagar, Maharashtra. Its website is garishtha.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice On Basement Amar Residency Barrack No. 2123 Dist Thane, Ulhasnagar, Maharashtra, India – 421005
- IndustryElectrical, Manufacturing, Electric Motors, Generators And Transformers
To see the full contact details of Garishtha Ventures Private Limited, buy the company report.
Comprehensive company report
Garishtha Ventures 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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Business activity
The main business activity of Garishtha Ventures 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 Garishtha Ventures Private Limited, buy the company report.
Financials of Garishtha Ventures Private Limited
FY 2024 filings availableGarishtha Ventures Private Limited reported revenue of ₹34.5 Lakh (down 73% YoY) for FY 2024.
Revenue · FY 2024
₹34.5 Lakh ▼ 73%
Net profit · FY 2024
₹13,611 margin 0.4%
EBITDA · FY 2024
₹69,180 margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 42%
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 73% fall in the latest year. EBITDA fell 48% 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 | ₹69,180 | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹13,611 | ||||
| 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 | 2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Garishtha Ventures Private Limited, buy the company report.
Board of directors of Garishtha Ventures Private Limited
Garishtha Ventures has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Harbhajan Ailsinghani | Director | 08 Jan 2024 | 2 Years 9 Months | Current |
| Sunil Juriani | Director | 15 Mar 2023 | 3 Years 7 Months | Current |
| Prakash Madanlal Sareen | Director | 07 Apr 2022 | 4 Years 6 Months | Current |
| Aakash Daulat Narang | Additional Director | 22 Jan 2026 | 0 Years 9 Months | Current |
| Jairamdas Amarlal Kukreja | Director | 25 Apr 2019 | 7 Years 6 Months | Current |
| Neha Daulat Narang | Additional Director | 17 Feb 2025 | 1 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Garishtha 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 Garishtha Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garishtha Ventures Private Limited has a workforce of 3 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Garishtha Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG7924R1ZR | Maharashtra | Active | 02 May 2019 |
To see the full GST registrations and return filing status of Garishtha Ventures Private Limited, buy the company report.
Recent activity
Garishtha Ventures Private Limited has 12 board changes on record since 2019: 6 appointments and 6 cessations. The latest: Aakash Daulat Narang was appointed as Additional Director on 22 Jan 2026.
Appointed
Aakash Daulat Narang was appointed as Additional Director.
Ceased
Jairamdas Amarlal Kukreja ceased to be Director.
Ceased
Aakash Daulat Narang ceased to be Director.
Appointed
Neha Daulat Narang was appointed as Additional Director.
AGM
Garishtha Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ritesh Harbhajan Ailsinghani ceased to be Additional Director.
Filing
Garishtha Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Ritesh Harbhajan Ailsinghani was appointed as Director.
Ceased
Sahil Juriani ceased to be Additional Director.
Ceased
Sunil Juriani ceased to be Additional Director.
Appointed
Sunil Juriani was appointed as Director.
Ceased
Prakash Madanlal Sareen ceased to be Additional Director.
3 earlier events are in the company report.
Frequently asked questions
Garishtha Ventures is an active private limited company based in Ulhasnagar, Maharashtra, India. The company works in manufacturing, within the electrical industry. It was incorporated on 25 April 2019 (7+ years old) and is registered under CIN U31100MH2019PTC324531.
Garishtha Ventures has 6 current directors:
- Ritesh Harbhajan Ailsinghani - Director
- Sunil Juriani - Director
- Prakash Madanlal Sareen - Director
- Aakash Daulat Narang - Additional Director
- Jairamdas Amarlal Kukreja - Director
- Neha Daulat Narang - Additional Director
The latest financial statements of Garishtha Ventures 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 FY 2020 are in the company report.
The GSTIN of Garishtha Ventures is 27AAHCG7924R1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Garishtha Ventures is U31100MH2019PTC324531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garishtha Ventures was incorporated on 25 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Aakash Daulat Narang was appointed as Additional Director on 22 Jan 2026. Jairamdas Amarlal Kukreja ceased to be Director on 22 Jan 2026. Aakash Daulat Narang ceased to be Director on 18 Feb 2025. Garishtha Ventures has 12 board changes on record in total.
Yes, Garishtha Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Garishtha Ventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0024485).
Garishtha Ventures can be reached through the website garishtha.co.in. Its registered office is in Ulhasnagar, Maharashtra, India.
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