About HVM Network Private Limited
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HVM Network Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the online cosmetics retail segment of the e-commerce sector. It was incorporated on 30 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2000PTC105975. Its GSTIN is 07AAACH8986K1ZX (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Bharti Modi and Harshvardhan Modi.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 395 Shahpur Jat, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.67 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹3.03 Cr (net margin 16.2%) and EBITDA of ₹4 Cr (EBITDA margin 21.4%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company is associated with 2 brands: Vedic Line and Inveda. As per MCA filings, the company has open charges of ₹2.4 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vedicline.com.
Company details
Contact details
HVM Network Private Limited's registered office is in New Delhi, Delhi. Its website is vedicline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address395 Shahpur Jat, New Delhi, Delhi, India – 110049
- IndustryE-Commerce, Online Cosmetics Retail
To see the full contact details of HVM Network 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
Brands
HVM Network operates two associated brands: Vedic Line and Inveda. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer of Ayurvedic skin, hair, and body care products. | vedicline.com | |
| Offers Ayurvedic skincare, body, and hair care products through online sales. | inveda.in |
Business activity
The main business activity of HVM Network 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 HVM Network Private Limited, buy the company report.
Financials of HVM Network Private Limited
FY 2025 filings availableHVM Network Private Limited reported revenue of ₹18.67 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 395% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.4% | ||||
| Net Profit Margin | 16.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of HVM Network Private Limited, buy the company report.
Board of directors of HVM Network Private Limited
HVM Network has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharti Modi Also directs: HVM Naturals Private Limited | Director | 30 May 2000 | 26 Years 5 Months | Current |
| Harshvardhan Modi Also directs: HVM Naturals Private Limited, HVM Enterprises Private Limited | Director | 30 May 2000 | 26 Years 5 Months | Current |
Peer comparison
HVM Network Private Limited is compared with the 3 companies closest to it by revenue in the FMCG industry (Personal Care and Skin Care), with 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 |
|---|---|---|---|---|---|---|
| Cimera Care Private Limited | ₹18.8 Cr (FY 2025) | 97.0% | Haridwar, Uttarakhand, India | |||
| HVM Network Private Limitedthis company | ₹18.67 Cr (FY 2025) | ₹3.03 Cr | 16.2% | 6.0% | New Delhi, Delhi, India | |
| Rgnia Dermaceuticals Private Limited | ₹18.32 Cr (FY 2023) | 39.0% | Delhi, India | |||
| Global Fragrances Private Limited | ₹18.15 Cr (FY 2017) | -22.0% | New Delhi, Delhi, India |
To see the full peer comparison of HVM Network Private Limited, buy the company report.
Auditor
HVM Network Private Limited is audited by A G S A & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G S A & CO | FY 2023 | 025306N |
Shareholding
The shareholding of HVM Network 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 HVM Network Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2025 | 101143299 | Others | ₹85 Lakh | Open | |
| 19 Aug 2023 | 100823255 | Axis Bank Limited | ₹1.1 Cr | Open | |
| 06 Jun 2022 | 100602394 | Hdfc Bank Limited | ₹45 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
HVM Network Private Limited has 8 court cases on record: 7 filed by HVM Network, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Hi Tech Polyflex Pvt Ltd | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against M/S Pooja Cosmetics and Another | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Execution petition | Filed by the company against M/S Pooja Cosmetics and Anr | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against M/S Pooja Cosmetics and 1 other | Disposed |
To see the full case history of HVM Network 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
HVM Network Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 21 overdue payments to 10 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Jag Bros Consultants Private Limited | |||
| an individual supplier | |||
| Join Pack Machines Private Limited | |||
| Kapco International Limited |
To see the full MSME payment records of HVM Network Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
HVM Network has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACH8986K1ZX | Delhi | Active | 01 Jul 2017 |
| 29AAACH8986K1ZR | Karnataka | Active | 30 Mar 2019 |
| 27AAACH8986K1ZV | Maharashtra | Active | 05 Apr 2019 |
| 06AAACH8986K1ZZ | Haryana | Active | 17 Oct 2019 |
To see the full GST registrations and return filing status of HVM Network Private Limited, buy the company report.
Recent activity
HVM Network Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Bharti Modi was appointed as Director on 30 May 2000.
Frequently asked questions
HVM Network is an active private limited company based in New Delhi, Delhi, India. The company works in online cosmetics retail, within the e-commerce industry. It was incorporated on 30 May 2000 (26+ years old) and is registered under CIN U72900DL2000PTC105975.
HVM Network has 2 current directors:
- Bharti Modi - Director
- Harshvardhan Modi - Director
The latest financial statements of HVM Network on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of HVM Network is 07AAACH8986K1ZX, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACH8986K1ZR (Karnataka), 27AAACH8986K1ZV (Maharashtra), 06AAACH8986K1ZZ (Haryana).
The CIN (Corporate Identification Number) of HVM Network is U72900DL2000PTC105975. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HVM Network has 8 court cases on record: 7 filed by the company and 1 filed against it.
HVM Network was incorporated on 30 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of HVM Network by revenue are Cimera Care Private Limited, Rgnia Dermaceuticals Private Limited, Global Fragrances Private Limited, all in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (wholesale trading).
Bharti Modi was appointed as Director on 30 May 2000. Harshvardhan Modi was appointed as Director on 30 May 2000.
HVM Network has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 21 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 May 2019.
HVM Network can be reached through the website vedicline.com. Its registered office is in New Delhi, Delhi, India.
The registered office of HVM Network is at 395 Shahpur Jat, New Delhi, Delhi, India – 110049.
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