About Heads Up Ventures Limited
Data last updated: 11 March 2026
Heads Up Ventures Limited is a public limited company based in Palghar, Maharashtra, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 12 February 2011, the company has been in operation for over 15 years.
Registered with ROC Mumbai under CIN L52390MH2011PLC213349. Listed on BSE: 540210 and NSE: TMRVL.
Capital: an authorised share capital of ₹40 Cr and a paid-up capital of ₹22.08 Cr. Formerly known as Mandhana Retail Ventures Limited and Macrovision Retail Ventures Limited. It is led by directors including Abhishek Shivpujan Giri and Harsh Pravinbhai Patel.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Palghar, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.26 Cr, reflecting significant growth compared to the previous year.
The company has a workforce of approximately 12 employees as per the latest available data.
The company is associated with 2 brands - Being Human Clothing, Mrvl. As per MCA filings, the company has satisfied charges of ₹60 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrvlindia.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered Address11103/5 Ostwal Empire, Saravalital, Palghar, Maharashtra, India – 401501
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Heads Up Ventures Limited
Heads Up Ventures Limited has undergone 4 name changes throughout its history. The current legal name is Heads Up Ventures Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Heads Up Ventures Limited | Current |
| Mandhana Retail Ventures Limited | Previous |
| Macrovision Retail Ventures Limited | Previous |
| The Mandhana Retail Ventures Limited | Previous |
| Moonflower Retail Ventures Limited | Previous |
CIN History of Heads Up Ventures Limited
Heads Up Ventures Limited has one previous CIN (Corporate Identification Number): U52390MH2011PLC213349. The current CIN is L52390MH2011PLC213349, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L52390MH2011PLC213349 | Current |
| U52390MH2011PLC213349 | Previous |
Associated Brands with Heads Up Ventures Limited
Heads Up Ventures Limited operates two associated brands: Being Human Clothing and MRVL. These brands represent Heads Up Ventures Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Runs a direct-to-consumer brand offering casual apparel for men and women. | beinghumanclothing.com | |
| Internet first brand offering apparel and fashion accessories for men and women | mrvlindia.com |
Competitors & Alternatives of Heads Up Ventures Limited
Brands and companies operating in the same space as Heads Up Ventures Limited include Inditex, Hopscotch, Bewakoof and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Inditex
|
Retailer of fashion products | Arteixo, Spain, Spain | 1974 |
Hopscotch
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Apparel and accessories for children are provided online. | Thane, India, India | 2012 |
Bewakoof
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Multi-category fashion products are sold by an internet-first brand. | Mumbai, India, India | 2011 |
American Eagle Outfitters
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Multi-category fashion products for men and women are offered. | Pittsburgh, United States, United States | 1977 |
Styched
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Multi-category fashion for men and women is offered online. | Bengaluru, India, India | 2019 |
NNNOW
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Online platform for purchasing top international fashion and footwear brands. | Bengaluru, India, India | 2016 |
Levi Strauss
|
Brand of fashion apparel for men and women | San Francisco, United States, United States | 1853 |
Max Fashion
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Internet first brand of clothing, footwear, and accessories for women, men, and kids | Bengaluru, India, India | 2006 |
Nobero
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Internet first brand offering apparel for women and men | Hyderabad, India, India | 2014 |
The Indian Garage Co
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Online brand offering mens and womens apparel | Bengaluru, India, India | 2011 |
Business Activity of Heads Up Ventures Limited
Heads Up Ventures Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | ********* |
Auditor Details of Heads Up Ventures Limited
Heads Up Ventures Limited is audited by Shweta Jain & Co LLP (ICAI peer reviewed, certificate valid till 2026-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Shweta Jain & Co LLP (ICAI peer reviewed, certificate valid till 2026-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Heads Up Ventures Limited
Heads Up Ventures Limited is currently managed by 8 directors, with 33 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Abhishek Shivpujan Giri
Also directs:
Sellwin Traders Ltd, Heads Up Ventures Limited, Mendrive Healthcare Private Limited and 1 more
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Director | 11 Nov 2024 | 1 Years 7 Months | Current |
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Harsh Pravinbhai Patel
Also directs:
Heads Up Ventures Limited
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Director | 16 Dec 2024 | 1 Years 6 Months | Current |
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Kunj Yogeshbhai Patel
Also directs:
Heads Up Ventures Limited
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Director | 16 Dec 2024 | 1 Years 6 Months | Current |
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Amrita Ashutosh Tiwari
Also directs:
Heads Up Ventures Limited
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Director | 16 Dec 2024 | 1 Years 6 Months | Current |
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Asmitaben Ravikumar Patel
Also directs:
Heads Up Ventures Limited
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Additional Director | 14 Nov 2025 | 0 Years 7 Months | Current |
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Ayush Patel
Also directs:
Heads Up Ventures Limited, Auri Grow India Limited
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Additional Director | 23 Feb 2026 | 0 Years 4 Months | Current |
Financials of Heads Up Ventures Limited FY 2026 filings available
Heads Up Ventures Limited reported revenue of ₹17.26 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹17.26 Cr |
| Other Income | ₹1.78 Cr |
| Total Income | ₹19.04 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹26.71 Cr |
| Changes in Inventories | -₹9.14 Cr |
| Employee Benefit Expense | ₹22.08 Lakh |
| Finance Costs | ₹0 |
| Depreciation & Amortisation | ₹44,000 |
| Other Expenses | ₹1 Cr |
| Total Expenses | ₹18.8 Cr |
| Profit Before Exceptional Items & Tax | ₹23.76 Lakh |
| Exceptional Items | ₹0 |
| Profit Before Tax | ₹23.76 Lakh |
| Total Tax Expense | ₹27.02 Lakh |
| Net Profit | -₹3.26 Lakh |
| Other Comprehensive Income | ₹0 |
| Total Comprehensive Income | -₹3.26 Lakh |
| EBITDA (computed) | ₹24.2 Lakh |
| Basic EPS | ₹-0.01 |
| Diluted EPS | ₹-0.01 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹45.09 Cr |
| Non-current Assets | ₹8.67 Cr |
| Current Assets | ₹36.42 Cr |
| Property, Plant & Equipment | ₹14.83 Lakh |
| Inventories | ₹9.14 Cr |
| Trade Receivables | ₹17.84 Cr |
| Cash & Equivalents | ₹1.03 Cr |
| Equity (Net Worth) | ₹15.33 Cr |
| Equity Share Capital | ₹22.08 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹0 |
| Total Debt (computed) | ₹0 |
| Current Liabilities | ₹29.76 Cr |
| Total Liabilities | ₹29.76 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | -₹94.92 Lakh |
| Investing Cash Flow | ₹0 |
| Financing Cash Flow | -₹30.55 Lakh |
| Capital Expenditure | ₹0 |
| Free Cash Flow (computed) | -₹94.92 Lakh |
| Dividends Paid | ₹0 |
| Net Change in Cash | -₹1.25 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹2.8 Cr | ₹0 | ₹2.96 Cr | ₹11.5 Cr |
| Other Income | ₹0 | ₹0 | ₹1.03 Cr | ₹74.6 Lakh |
| Total Income | ₹2.8 Cr | ₹0 | ₹3.99 Cr | ₹12.25 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹14.93 Cr | ₹0 | ₹2.9 Cr | ₹8.89 Cr |
| Changes in Inventories | -₹9.14 Cr | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹7.96 Lakh | ₹3.28 Lakh | ₹4.08 Lakh | ₹6.76 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹43,000 | ₹0 | ₹0 | ₹0 |
| Other Expenses | ₹4.52 Lakh | ₹57.65 Lakh | ₹2,000 | ₹37.99 Lakh |
| Total Expenses | ₹5.91 Cr | ₹60.93 Lakh | ₹2.94 Cr | ₹9.33 Cr |
| Profit Before Exceptional Items & Tax | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr |
| Total Tax Expense | ₹60,000 | ₹0 | ₹26.42 Lakh | ₹0 |
| Net Profit | -₹3.12 Cr | -₹60.93 Lakh | ₹78.21 Lakh | ₹2.91 Cr |
| attributable to Owners | - | - | - | ₹0 |
| attributable to NCI | - | - | - | ₹0 |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | -₹3.12 Cr | -₹60.93 Lakh | ₹78.21 Lakh | ₹2.91 Cr |
| EBITDA (computed) | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr |
| Basic EPS | ₹-1.41 | ₹-0.28 | ₹0.35 | ₹1.32 |
| Diluted EPS | ₹-1.41 | ₹-0.28 | ₹0.35 | ₹1.32 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹17.26 Cr | ₹1.42 Cr | ₹62.8 Lakh | ₹73.21 Lakh | ₹97.31 Lakh | ₹44.15 Lakh | ₹151.9 Cr |
| Other Income | ₹1.78 Cr | ₹83.82 Lakh | ₹16.16 Lakh | ₹77.86 Lakh | ₹1.54 Cr | ₹5.13 Cr | ₹8.84 Cr |
| Total Income | ₹19.04 Cr | ₹2.26 Cr | ₹78.96 Lakh | ₹1.51 Cr | ₹2.52 Cr | ₹5.57 Cr | ₹160.73 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹26.71 Cr | ₹0 | ₹8.15 Lakh | ₹2 Cr | ₹85.28 Lakh | ₹10.16 Lakh | ₹45.04 Cr |
| Changes in Inventories | -₹9.14 Cr | ₹0 | ₹1.32 Cr | -₹1.32 Cr | ₹0 | ₹15.75 Lakh | ₹27.18 Cr |
| Employee Benefit Expense | ₹22.08 Lakh | ₹28.19 Lakh | ₹1.82 Cr | ₹3.56 Cr | ₹3.56 Cr | ₹4.05 Cr | ₹20.66 Cr |
| Finance Costs | ₹0 | ₹28,000 | ₹0 | ₹49.23 Lakh | ₹48.03 Lakh | ₹20.05 Lakh | ₹7.15 Cr |
| Depreciation & Amortisation | ₹44,000 | ₹1.31 Lakh | ₹5.49 Lakh | ₹3.88 Lakh | ₹4.13 Lakh | ₹5.04 Lakh | ₹14.01 Cr |
| Other Expenses | ₹1 Cr | ₹36.16 Lakh | ₹1.83 Cr | ₹6.49 Cr | ₹2.95 Cr | ₹3.8 Cr | ₹68.63 Cr |
| Total Expenses | ₹18.8 Cr | ₹65.94 Lakh | ₹5.11 Cr | ₹11.26 Cr | ₹7.88 Cr | ₹8.36 Cr | ₹182.67 Cr |
| Profit Before Exceptional Items & Tax | ₹23.76 Lakh | ₹1.6 Cr | -₹4.32 Cr | -₹9.75 Cr | -₹5.36 Cr | -₹2.79 Cr | -₹21.94 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹23.76 Lakh | ₹1.6 Cr | -₹4.32 Cr | -₹9.75 Cr | -₹5.36 Cr | -₹2.79 Cr | -₹21.94 Cr |
| Total Tax Expense | ₹27.02 Lakh | ₹20.45 Lakh | ₹0 | -₹9.45 Lakh | ₹0 | ₹0 | ₹9.11 Cr |
| Net Profit | -₹3.26 Lakh | ₹1.39 Cr | -₹4.32 Cr | -₹9.66 Cr | -₹5.36 Cr | -₹2.79 Cr | -₹31.05 Cr |
| Other Comprehensive Income | ₹0 | ₹0 | ₹10.2 Lakh | ₹3.52 Lakh | -₹1.03 Lakh | -₹7.69 Lakh | ₹22.52 Lakh |
| Total Comprehensive Income | -₹3.26 Lakh | ₹1.39 Cr | -₹4.22 Cr | -₹9.62 Cr | -₹5.37 Cr | -₹2.87 Cr | -₹30.83 Cr |
| EBITDA (computed) | ₹24.2 Lakh | ₹1.61 Cr | -₹4.26 Cr | -₹9.22 Cr | -₹4.84 Cr | -₹2.54 Cr | -₹77.3 Lakh |
| Basic EPS | ₹-0.01 | ₹0.63 | ₹-1.96 | ₹-4.37 | ₹-2.43 | ₹-1.26 | ₹-14.06 |
| Diluted EPS | ₹-0.01 | ₹0.63 | ₹-1.96 | ₹-4.37 | ₹-2.43 | ₹-1.26 | ₹-14.06 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹45.09 Cr | ₹18.26 Cr | ₹16.27 Cr | ₹21.5 Cr |
| Non-current Assets | ₹8.67 Cr | ₹1.16 Cr | ₹1.04 Cr | ₹1.22 Cr |
| Current Assets | ₹36.42 Cr | ₹17.11 Cr | ₹15.23 Cr | ₹20.28 Cr |
| Property, Plant & Equipment | ₹14.83 Lakh | ₹15.25 Lakh | ₹3.53 Lakh | ₹9.33 Lakh |
| Inventories | ₹9.14 Cr | ₹0 | ₹0 | ₹1.32 Cr |
| Trade Receivables | ₹17.84 Cr | ₹1.06 Cr | ₹92.31 Lakh | ₹1.12 Cr |
| Cash & Equivalents | ₹1.03 Cr | ₹2.29 Cr | ₹1.35 Cr | ₹2.35 Cr |
| Equity (Net Worth) | ₹15.33 Cr | ₹15.33 Cr | ₹13.94 Cr | ₹18.16 Cr |
| Equity Share Capital | ₹22.08 Cr | ₹22.08 Cr | ₹22.08 Cr | ₹22.08 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹29.76 Cr | ₹2.6 Cr | ₹2.31 Cr | ₹3.02 Cr |
| Total Liabilities | ₹29.76 Cr | ₹2.93 Cr | ₹2.33 Cr | ₹3.34 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | -₹94.92 Lakh | ₹9.44 Lakh | -₹1.14 Cr | -₹9.46 Cr | -₹2.47 Cr | ₹12.2 Cr |
| Investing Cash Flow | ₹0 | ₹83.82 Lakh | ₹14.35 Lakh | ₹1.45 Cr | ₹2.89 Cr | -₹15.15 Cr |
| Financing Cash Flow | -₹30.55 Lakh | ₹0 | ₹0 | -₹49.16 Lakh | -₹48.03 Lakh | -₹2.42 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹2.74 Lakh | ₹15.63 Lakh | ₹4.15 Lakh | ₹1.58 Lakh |
| Free Cash Flow (computed) | -₹94.92 Lakh | ₹9.44 Lakh | -₹1.16 Cr | -₹9.62 Cr | -₹2.51 Cr | ₹12.18 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.25 Cr | ₹93.26 Lakh | -₹99.16 Lakh | -₹8.5 Cr | -₹5.88 Lakh | -₹5.37 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2.8 Cr | ₹0 | ₹2.96 Cr | ₹11.5 Cr | ₹1.27 Cr | ₹14.5 Lakh | ₹0 | ₹0 | ₹15.82 Lakh | ₹0 | ₹2.58 Lakh | ₹44.4 Lakh |
| Other Income | ₹0 | ₹0 | ₹1.03 Cr | ₹74.6 Lakh | ₹16.84 Lakh | ₹16.84 Lakh | ₹31.84 Lakh | ₹18.3 Lakh | ₹4.41 Lakh | ₹1.71 Lakh | ₹10.05 Lakh | ₹0 |
| Total Income | ₹2.8 Cr | ₹0 | ₹3.99 Cr | ₹12.25 Cr | ₹1.44 Cr | ₹31.34 Lakh | ₹31.84 Lakh | ₹18.3 Lakh | ₹20.23 Lakh | ₹1.71 Lakh | ₹12.63 Lakh | ₹44.4 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹14.93 Cr | ₹0 | ₹2.9 Cr | ₹8.89 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹11,000 | ₹0 | ₹0 | ₹8.04 Lakh |
| Changes in Inventories | -₹9.14 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.09 Cr | ₹0 | ₹1.51 Lakh | ₹21.75 Lakh |
| Employee Benefit Expense | ₹7.96 Lakh | ₹3.28 Lakh | ₹4.08 Lakh | ₹6.76 Lakh | ₹66,000 | ₹66,000 | ₹3 Lakh | ₹23.84 Lakh | ₹34.99 Lakh | ₹45.15 Lakh | ₹44.52 Lakh | ₹57.3 Lakh |
| Finance Costs | ₹0 | ₹0 | ₹0 | ₹0 | ₹5,000 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹43,000 | ₹0 | ₹0 | ₹0 | ₹90,000 | ₹0 | ₹0 | ₹41,000 | ₹89,000 | ₹1.54 Lakh | ₹2.17 Lakh | ₹89,000 |
| Other Expenses | ₹4.52 Lakh | ₹57.65 Lakh | ₹2,000 | ₹37.99 Lakh | ₹13.17 Lakh | ₹4.88 Lakh | ₹1.13 Lakh | ₹17.24 Lakh | ₹71.3 Lakh | ₹27.28 Lakh | ₹42.35 Lakh | ₹42.16 Lakh |
| Total Expenses | ₹5.91 Cr | ₹60.93 Lakh | ₹2.94 Cr | ₹9.33 Cr | ₹14.78 Lakh | ₹5.54 Lakh | ₹4.13 Lakh | ₹41.49 Lakh | ₹2.16 Cr | ₹73.97 Lakh | ₹90.55 Lakh | ₹1.3 Cr |
| Profit Before Exceptional Items & Tax | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr | ₹1.3 Cr | ₹25.8 Lakh | ₹27.71 Lakh | -₹23.19 Lakh | -₹1.96 Cr | -₹72.26 Lakh | -₹77.92 Lakh | -₹85.74 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1,000 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr | ₹1.3 Cr | ₹25.8 Lakh | ₹27.71 Lakh | -₹23.19 Lakh | -₹1.96 Cr | -₹72.26 Lakh | -₹77.92 Lakh | -₹85.74 Lakh |
| Total Tax Expense | ₹60,000 | ₹0 | ₹26.42 Lakh | ₹0 | ₹19.43 Lakh | ₹0 | ₹1.02 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹3.12 Cr | -₹60.93 Lakh | ₹78.21 Lakh | ₹2.91 Cr | ₹1.1 Cr | ₹25.8 Lakh | ₹26.69 Lakh | -₹23.19 Lakh | -₹1.96 Cr | -₹72.26 Lakh | -₹77.92 Lakh | -₹85.74 Lakh |
| Other Comprehensive Income | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹11.28 Lakh | ₹1.61 Lakh | -₹36,000 | -₹2.33 Lakh |
| Total Comprehensive Income | -₹3.12 Cr | -₹60.93 Lakh | ₹78.21 Lakh | ₹2.91 Cr | ₹1.1 Cr | ₹25.8 Lakh | ₹26.69 Lakh | -₹23.19 Lakh | -₹1.85 Cr | -₹70.65 Lakh | -₹78.28 Lakh | -₹88.07 Lakh |
| EBITDA (computed) | -₹3.11 Cr | -₹60.93 Lakh | ₹1.05 Cr | ₹2.91 Cr | ₹1.3 Cr | ₹25.8 Lakh | ₹27.71 Lakh | -₹22.78 Lakh | -₹1.95 Cr | -₹70.72 Lakh | -₹75.75 Lakh | -₹84.85 Lakh |
| Basic EPS | ₹-1.41 | ₹-0.28 | ₹0.35 | ₹1.32 | ₹0.50 | ₹0.12 | ₹0.12 | ₹-0.11 | ₹-0.89 | ₹-0.33 | ₹-0.35 | ₹-0.39 |
| Diluted EPS | ₹-1.41 | ₹-0.28 | ₹0.35 | ₹1.32 | ₹0.50 | ₹0.12 | ₹0.12 | ₹-0.11 | ₹-0.89 | ₹-0.33 | ₹-0.35 | ₹-0.39 |
| Segment · FY 2024 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Domestic | ₹62.8 Lakh | -₹4.32 Cr | - | - |
| Export | ₹0 | ₹0 | - | - |
Shareholding Pattern of Heads Up Ventures Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 13.55%, foreign institutional investors hold 0.42%, retail and other public shareholders hold 86.03% of Heads Up Ventures Limited. The company had 18,979 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 13.55% | 13.56% | 13.56% | 13.56% | 13.56% | 13.56% |
| Public | 86.45% | 86.44% | 86.44% | 86.44% | 86.44% | 86.44% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 13.55% | 13.56% | 13.79% | 33.17% | 33.17% | 33.17% | 31.03% | 34.07% | 37.75% | 42.95% |
| Public | 86.45% | 86.44% | 86.21% | 66.83% | 66.83% | 66.83% | 68.97% | 65.93% | 62.25% | 57.05% |
| Promoter change (YoY, %pts) | -0.01 | -0.23 | -19.38 | +0.00 | +0.00 | +2.14 | -3.04 | -3.68 | -5.20 | - |
Board & Governance of Heads Up Ventures Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Heads Up Ventures Limited has 7 directors - 3 independent and 0 executive. The board is chaired by Harshkumar Pravinbhai Patel.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Abhishek Shivpujan Giri | Non-Executive - Independent Director | 2024-11-11 | 2 |
| Amrita Ashutosh Tiwari | Non-Executive - Independent Director | 2024-12-16 | 1 |
| Kunj Yogeshbhai Patel | Non-Executive - Independent Director | 2024-12-16 | 1 |
| Harshkumar Pravinbhai Patel | Non-Executive - Non Independent Director · Chairperson | 2024-12-16 | 1 |
| Asmitaben Ravikumar Patel | Non-Executive - Non Independent Director | 2024-11-14 | 1 |
| Vaishali Patel | Non-Executive - Non Independent Director | 2026-02-23 | 2 |
| Ayush Patel | Non-Executive - Non Independent Director | 2026-02-23 | 2 |
| Committee | Members |
|---|---|
| Audit Committee | Kunj Yogeshbhai Patel (Chairperson), Asmitaben Ravikumar Patel, Abhishek Shivpujan Giri |
| Nomination and remuneration committee | Kunj Yogeshbhai Patel (Chairperson), Asmitaben Ravikumar Patel, Abhishek Shivpujan Giri |
| Stakeholders Relationship Committee | Kunj Yogeshbhai Patel (Chairperson), Asmitaben Ravikumar Patel, Abhishek Shivpujan Giri |
Charges & Borrowings of Heads Up Ventures Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2017 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
| 26 Sep 2016 | Axis Bank Limited | ₹50 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Heads Up Ventures Limited
Heads Up Ventures Limited has a workforce of 12 employees as of Apr 02, 2024.
Employee Count & EPFO Data of Heads Up Ventures Limited
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GST Compliance of Heads Up Ventures Limited
GSTIN & GST Filing Data of Heads Up Ventures Limited
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Credit Ratings, Litigation & Regulatory Alerts for Heads Up Ventures Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Heads Up Ventures Limited
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MSME Payment Delays by Heads Up Ventures Limited
MSME Payment Delays by Heads Up Ventures Limited
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Subsidiaries & Group Companies of Heads Up Ventures Limited
Subsidiaries & Group Companies of Heads Up Ventures Limited
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MCA Filings & Documents of Heads Up Ventures Limited
MCA Filings & Documents of Heads Up Ventures Limited
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Recent Activity on Heads Up Ventures Limited
Frequently Asked Questions about Heads Up Ventures Limited
Heads Up Ventures Limited is an active public limited company in the manufacturing sector based in Palghar, Maharashtra, India. It was incorporated on 12 February 2011 (15+ years old) and is registered under CIN L52390MH2011PLC213349. Listed on BSE: 540210 and NSE: TMRVL. The company has 12 employees.
Heads Up Ventures Limited reported revenue of ₹2.26 Cr for FY 2025 (up 186.00% YoY).
The current directors of Heads Up Ventures Limited are:
The primary industry of Heads Up Ventures Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes. Heads Up Ventures Limited is listed on both BSE (code: 540210) and NSE (symbol: TMRVL).
Heads Up Ventures Limited can be reached at the registered office: 111035 Ostwal Empire, Saravalital, Palghar, Maharashtra, India – 401501, or through the website mrvlindia.com.