Heirs Enterprises Private Limited
About Heirs Enterprises Private Limited
Data last updated:
Heirs Enterprises Private Limited is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2019PTC352799. Its GSTIN is 07AAECH9853K2Z0 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Paras Tuteja and Pranshu Tuteja.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 17/3, Wazirpur Industrial Area, Delhi, India – 110052.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.38 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.21 Lakh (net margin 1.3%) and EBITDA of ₹4.64 Lakh (EBITDA margin 1.9%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Heirs Enterprises Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 17/3, Wazirpur Industrial Area, Delhi, India – 110052
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Heirs Enterprises 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 Heirs Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Heirs Enterprises Private Limited, buy the company report.
Financials of Heirs Enterprises Private Limited
FY 2023 filings availableHeirs Enterprises Private Limited reported revenue of ₹2.38 Cr (up 585% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 585% in the latest year. EBITDA rose 380% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹2.38 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.64 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹3.21 Lakh | |||
| 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 | 1.9% | |||
| Net Profit Margin | 1.3% | |||
| 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 Heirs Enterprises Private Limited, buy the company report.
Board of directors of Heirs Enterprises Private Limited
Heirs Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paras Tuteja | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
| Pranshu Tuteja | Director | 18 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Heirs Enterprises Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bakshish Retail Private Limited | ₹2.41 Cr (FY 2020) | 115.0% | Faridabad, Haryana, India | |||
| Go Purple Nut Creations Private Limited | ₹2.4 Cr (FY 2025) | -26.0% | Ghaziabad, Uttar Pradesh, India | |||
| Nisarga Bliss Private Limited | ₹2.39 Cr (FY 2025) | 3.0% | Bhubaneswar, Odisha, India | |||
| Heirs Enterprises Private Limitedthis company | ₹2.38 Cr (FY 2023) | ₹3.21 Lakh | 1.3% | 585.0% | Delhi, India | |
| Blue Ocean E-Commerce Private Limited | ₹2.35 Cr (FY 2023) | -16.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Heirs Enterprises Private Limited, buy the company report.
Auditor
Heirs Enterprises Private Limited is audited by Gitesh Sharma & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gitesh Sharma & Associates | FY 2023 | 028392N |
Shareholding
The shareholding of Heirs Enterprises Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Heirs Enterprises Private Limited, buy the company report.
Legal cases
Heirs Enterprises Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Heirs Enterprises 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 Heirs Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Heirs Enterprises has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECH9853K2Z0 | Delhi | Active | 02 Aug 2021 |
To see the full GST registrations and return filing status of Heirs Enterprises Private Limited, buy the company report.
Recent activity
Heirs Enterprises Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Paras Tuteja was appointed as Director on 18 Jul 2019.
Frequently asked questions
Heirs Enterprises is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 July 2019 (7+ years old) and is registered under CIN U51909DL2019PTC352799.
Heirs Enterprises has 2 current directors:
- Paras Tuteja - Director
- Pranshu Tuteja - Director
The latest financial statements of Heirs Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Heirs Enterprises is 07AAECH9853K2Z0, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Heirs Enterprises is U51909DL2019PTC352799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heirs Enterprises has 1 court case on record: 1 filed against it. 1 is pending.
Heirs Enterprises was incorporated on 18 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Heirs Enterprises by revenue are Bakshish Retail Private Limited, Go Purple Nut Creations Private Limited, Nisarga Bliss Private Limited, Blue Ocean E-Commerce Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (retail trading).
Paras Tuteja was appointed as Director on 18 Jul 2019. Pranshu Tuteja was appointed as Director on 18 Jul 2019.
The registered office of Heirs Enterprises is at C – 173, Wazirpur Industrial Area, Delhi, India – 110052.
Heirs Enterprises operates in the consumer electronics and durables industry, in the electronics manufacturing segment.