- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0248197

Heetarth Industries Private Limited
About Heetarth Industries Private Limited
Data last updated:
Heetarth Industries Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 20 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27310GJ2017PTC099170.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Kairav Dipakkumar Shah (Managing Director) and Nayanaben Dipakkumar Shah.
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 5 Spf Mill Compound Near Kewal Kanta Rakhiyal, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2023, the company reported a revenue of ₹91,500, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹38,425 (net margin -42%) and EBITDA of -₹3,000 (EBITDA margin -3.3%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 59% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Heetarth Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0248197). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Heetarth Industries
Contact details
Heetarth Industries Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Spf Mill Compound Near Kewal Kanta Rakhiyal, Ahmedabad, Gujarat, India – 380023
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Heetarth Industries 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 Heetarth Industries 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 Heetarth Industries Private Limited, buy the company report.
Financials of Heetarth Industries Private Limited
FY 2024 filings availableHeetarth Industries Private Limited reported revenue of ₹91,500 (down 100% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years. EBITDA fell 104% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹91,500 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹3,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38,425 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | ||||
| Net Profit Margin | -42% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Heetarth Industries Private Limited, buy the company report.
Board of directors of Heetarth Industries Private Limited
Heetarth Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kairav Dipakkumar Shah Also directs: Heetarth Commodities Marketing LLP | Managing Director | 07 Feb 2019 | 7 Years 9 Months | Current |
| Nayanaben Dipakkumar Shah | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
| Bhavana Kairav Shah Also directs: Heetarth Commodities Marketing LLP | Director | 20 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Heetarth Industries Private Limited is audited by Mehta & Maisheri for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta & Maisheri | FY 2023 | 150531W |
Shareholding
The shareholding of Heetarth Industries Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Heetarth Industries Private Limited, buy the company report.
Legal cases
Heetarth Industries Private Limited has 1 court case on record: 1 filed by Heetarth Industries. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Mep Infrastructure Developers Limited | Disposed |
To see the full case history of Heetarth Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Heetarth Industries 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 Heetarth Industries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Heetarth Industries Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Kairav Dipakkumar Shah was appointed as Managing Director on 07 Feb 2019.
Frequently asked questions
Heetarth Industries is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 20 September 2017 (9+ years old) and is registered under CIN U27310GJ2017PTC099170.
Heetarth Industries has 3 current directors:
- Kairav Dipakkumar Shah - Managing Director
- Nayanaben Dipakkumar Shah - Director
- Bhavana Kairav Shah - Director
The latest financial statements of Heetarth Industries 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 2018 are in the company report.
The CIN (Corporate Identification Number) of Heetarth Industries is U27310GJ2017PTC099170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heetarth Industries has 1 court case on record: 1 filed by the company.
Heetarth Industries was incorporated on 20 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kairav Dipakkumar Shah was appointed as Managing Director on 07 Feb 2019. Bhavana Kairav Shah was appointed as Director on 20 Sep 2017. Nayanaben Dipakkumar Shah was appointed as Director on 20 Sep 2017.
Yes, Heetarth Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0248197).
The registered office of Heetarth Industries is at 5 Spf Mill Compound Near Kewal Kanta Rakhiyal, Ahmedabad, Gujarat, India – 380023.
Heetarth Industries operates in the trading industry, in the wholesale segment.

