MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-19-0054226
Herald Multiventures Private Limited
Herald Multiventures Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹1.12 Cr
▲ 2% YoY
Net profit · FY 2018
₹4.5 Lakh
Net margin 4%
EBITDA · FY 2018
₹65.81 Lakh
EBITDA margin 58.5%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹13.2 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Herald Multiventures Private Limited
Data last updated:
Herald Multiventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 06 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC265246. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Radheya Kashinath Khanolkar and Pramod Kashinath Patil.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 321 Gemstar Commercial Complex Kanchpada Ramchandra Lane Ext Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.12 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Lakh (net margin 4%) and EBITDA of ₹65.81 Lakh (EBITDA margin 58.5%).
As per MCA filings, the company has open charges of ₹13.2 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Herald Multiventures Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0054226). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U74999MH2015PTC265246
Registration Number 265246
Incorporation Date 06 June 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0054226
Recognitions & Rankings of Herald Multiventures
Contact details
Herald Multiventures Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address321 Gemstar Commercial Complex Kanchpada Ramchandra Lane Ext Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Herald Multiventures Private Limited, buy the company report.
Comprehensive company report
Herald Multiventures 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Herald Multiventures 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 Herald Multiventures Private Limited, buy the company report.
Financials of Herald Multiventures Private Limited
FY 2018 filings availableHerald Multiventures Private Limited reported revenue of ₹1.12 Cr (up 2% YoY) for FY 2018.
Revenue · FY 2018
₹1.12 Cr ▲ 2%
Net profit · FY 2018
₹4.5 Lakh margin 4%
EBITDA · FY 2018
₹65.81 Lakh margin 58.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
EBITDA CAGR growth
1 year
▲ 25%
Revenue rose 2% in the latest year. EBITDA rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹65.81 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹4.5 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 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 58.5% | ||
| Net Profit Margin | 4% | ||
| 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 Herald Multiventures Private Limited, buy the company report.
Board of directors of Herald Multiventures Private Limited
Herald Multiventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radheya Kashinath Khanolkar | Director | 23 Jun 2015 | 11 Years 4 Months | Current |
| Pramod Kashinath Patil | Director | 23 Jun 2015 | 11 Years 4 Months | Current |
Peer comparison
Herald Multiventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unidates Farmer Producer Company Limited | ₹1.13 Cr (FY 2025) | 110.0% | Kutch, Gujarat, India | |||
| Sona Polyspin Private Limited | ₹1.13 Cr (FY 2024) | -69.0% | Mumbai, Maharashtra, India | |||
| Deffy Foods Processing Private Limited | ₹1.13 Cr (FY 2024) | 22.0% | Siliguri, West Bengal, India | |||
| Kruti Gems Private Limited | ₹1.13 Cr (FY 2016) | Surat, Gujarat, India | ||||
| Pratiksha Filters Private Limited | ₹1.12 Cr (FY 2019) | -14.0% | Mumbai, Maharashtra, India | |||
| Herald Multiventures Private Limitedthis company | ₹1.12 Cr (FY 2018) | ₹4.5 Lakh | 4% | 2.0% | Mumbai, Maharashtra, India | |
| King's Luxurious & Banquets Private Limited | ₹1.12 Cr (FY 2025) | -11.0% | Bareilly, Uttar Pradesh, India | |||
| Cipetian Plastemart Private Limited | ₹1.12 Cr (FY 2024) | 315.0% | Chennai, Tamil Nadu, India | |||
| Pokhran Krishi Fed Producer Company Limited | ₹1.12 Cr (FY 2025) | 802.0% | Pokhran, Rajasthan, India | |||
| Three Sixty Textiles Private Limited | ₹1.12 Cr (FY 2024) | -96.0% | Coimbatore, Tamil Nadu, India | |||
| Davabikri Solution Private Limited | ₹1.12 Cr (FY 2025) | -29.0% | Faridabad, Haryana, India |
To see the full peer comparison of Herald Multiventures Private Limited, buy the company report.
Auditor
Herald Multiventures Private Limited is audited by R J RATHI & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R J RATHI & CO | FY 2017 | 130023W |
Shareholding
The shareholding of Herald Multiventures Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Herald Multiventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2016 | 100034705 | Others | ₹13.2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Herald Multiventures Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Herald Multiventures 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 Herald Multiventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Herald Multiventures has 6 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
6
Associated companies
GST
Herald Multiventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Herald Multiventures Private Limited, buy the company report.
Recent activity
Herald Multiventures Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Pramod Kashinath Patil was appointed as Director on 23 Jun 2015.
AGM
Herald Multiventures Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Herald Multiventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 13.20 Cr with Charge ID 100034705 was registered on 30 May 2016.
Appointed
Pramod Kashinath Patil was appointed as Director.
Appointed
Radheya Kashinath Khanolkar was appointed as Director.
Ceased
Snehal Sadanand Tondwalkar ceased to be Director.
Ceased
Yatin Manohar Naik ceased to be Director.
Incorporation
06 Jun 2015
Herald Multiventures Private Limited was registered on 06 Jun 2015 with Roc Mumbai & aged 11 years 4 months as per MCA records.
Frequently asked questions
Herald Multiventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 06 June 2015 (11+ years old) and is registered under CIN U74999MH2015PTC265246.
Herald Multiventures has 2 current directors:
- Radheya Kashinath Khanolkar - Director
- Pramod Kashinath Patil - Director
The latest financial statements of Herald Multiventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Herald Multiventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Herald Multiventures is U74999MH2015PTC265246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Herald Multiventures has 1 court case on record: 1 filed against it.
Herald Multiventures was incorporated on 06 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Herald Multiventures by revenue are Unidates Farmer Producer Company Limited, Sona Polyspin Private Limited, Deffy Foods Processing Private Limited, Kruti Gems Private Limited, Pratiksha Filters Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Pramod Kashinath Patil was appointed as Director on 23 Jun 2015. Radheya Kashinath Khanolkar was appointed as Director on 23 Jun 2015. Snehal Sadanand Tondwalkar ceased to be Director on 23 Jun 2015. Herald Multiventures has 4 board changes on record in total.
Yes, Herald Multiventures is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0054226).
The registered office of Herald Multiventures is at 321 Gemstar Commercial Complex Kanchpada Ramchandra Lane Ext Malad West, Mumbai, Maharashtra, India – 400064.