Heads Up Ventures Limited - Company Profile

Q: Where is Heads Up Ventures Limited headquartered?

Heads Up Ventures Limited is headquartered at 111035 Ostwal Empire, Saravalital, Palghar, Maharashtra, 401501.

Q: Who are the current directors of Heads Up Ventures Limited?

The current directors of Heads Up Ventures Limited are Dhanashree Vaibhav Salgaonkar, Abhishek Shivpujan Giri, Sudhir Kumar Arya, Harsh Pravinbhai Patel, Kunj Yogeshbhai Patel, Amrita Ashutosh Tiwari, Helly Jayeshbhai Raval, Asmitaben Ravikumar Patel.

It is a manufacturing public limited company based in Palghar, Maharashtra, India, established in 2011.

2011 Palghar, Maharashtra, India Active

Last Updated: January 12, 2026

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About Heads Up Ventures Limited

Heads Up Ventures Limited, a active public limited company, was established on 12 February 2011 in Palghar, Maharashtra, India. Engaging in textile & fabric production within the trade sector, it holds CIN: L52390MH2011PLC213349. Registered under ROC Roc Mumbai. it is listed on BSE: 540210 and NSE: TMRVL. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹22.08 Cr.

Formerly known as Mandhana Retail Ventures Limited, Macrovision Retail Ventures Limited. It upholds a compliant status. In 2022, it reported revenue of ₹2.52 Cr and a net worth of ₹27.78 Cr. Employing 12 professional, Its leadership includes Abhishek Shivpujan Giri (Director), Sudhir Kumar Arya (Director), Harsh Pravinbhai Patel (Director). Past directors included Kiran Chintamani Vaidya, Sangeeta Manish Mandhana, Roshan Ravindra More. It holds no open charges and ₹60.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 11103/5 Ostwal Empire, Saravalital, Palghar, Maharashtra, 401501.

Company Details

CIN/LLPIN
L52390MH2011PLC213349
Registration Number
213349
Incorporation Date
12 February 2011
Authorized Capital
₹40.00 Cr
Paid-Up Capital
₹22.08 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 540210, NSE: TMRVL)
Company Status
Active

Key Metrics

Authorised Capital ₹ 40.00 Cr as on 12-01-2026
Paid Up Capital ₹ 22.08 Cr as on 12-01-2026
Company Age 15 Year,
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 60.00 Cr as on 12-01-2026
Revenue Growth **** -54.80% (FY 2022)
Profit Growth **** -92.21% (FY 2022)
Ebitda **** 16.73% (FY 2022)
Net Worth -16.20% (FY 2022)
Total Assets -20.22% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Heads Up Ventures Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Heads Up Ventures Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abhishek Shivpujan Giri	Director	11 Nov 2024	Current
Sudhir Kumar Arya	Director	27 Mar 2024	Current
Harsh Pravinbhai Patel	Director	16 Dec 2024	Current
Kunj Yogeshbhai Patel	Director	16 Dec 2024	Current
Amrita Ashutosh Tiwari	Director	16 Dec 2024	Current
Asmitaben Ravikumar Patel	Additional Director	14 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	20 Sep 2017	Past
Pramod Abcsdd	Cfo	05 Jul 2019	Past
Pramod Abcsdd	Additional Director	21 Aug 2023	Past
Pramod Abcsdd	Director	08 Aug 2016	Past
Pramod Abcsdd	Additional Director	28 Nov 2020	Past
Pramod Abcsdd	Additional Director	07 Mar 2025	Past

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Financial Performance of Heads Up Ventures.

Heads Up Ventures Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 54.8% decrease. The company also saw a substantial fall in profitability, with a 92.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.2%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-54.80%

*******

Revenue from Operations

*******

120.41%

*******

Total Assets

*******

-20.22%

*******

Profit or Loss

*******

-92.21%

*******

Net Worth

*******

-16.20%

*******

EBITDA

*******

16.73%

*******

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What is the Ownership and Shareholding Structure of Heads Up Ventures?

In 2022, Heads Up Ventures had a promoter holding of 33.17% and a public holding of 66.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹600,000,000.00

Charges Breakdown by Lending Institutions

Axis Bank Limited : 50.00 Cr
Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jan 2017	Hdfc Bank Limited	₹10.00 Cr	Satisfied
26 Sep 2016	Axis Bank Limited	₹50.00 Cr	Satisfied

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How Many Employees Work at Heads Up Ventures?

Heads Up Ventures has a workforce of 12 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Heads Up Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Heads Up Ventures's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Heads Up Ventures

Recent Activity within the Organization

Director Appointment

Asmitaben Ravikumar Patel was appointed as a Additional Director was appointed as a Additional Director on 14 Nov 2025 & has been associated with this company since 2 months 30 days . was recorded as a recent event.
14 Nov 2025
Annual General Meeting

Heads Up Ventures Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Progress on Heads Up Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.
31 Mar 2025
Director Appointment

The activity Harsh Pravinbhai Patel was appointed as a Director was appointed as a Director on 16 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.
16 Dec 2024
Director Appointment

Progress on Kunj Yogeshbhai Patel was appointed as a Director was appointed as a Director on 16 Dec 2024 & has been associated with this company since 1 year 1 month . was documented.
16 Dec 2024
Director Appointment

The activity Amrita Ashutosh Tiwari was appointed as a Director was appointed as a Director on 16 Dec 2024 & has been associated with this company since 1 year 1 month . was completed.
16 Dec 2024

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