About Kavisri Enterprises Private Limited
Data last updated:
Kavisri Enterprises Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the service-based operations segment of the business services sector. It was incorporated on 11 September 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC313832.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.33 Cr. It was led by directors Manish Poddar and Kamal Kishore Somani.
Its last annual general meeting (AGM) was held on 20 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹153.32 Cr, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹58.09 Lakh (net margin 0.4%) and EBITDA of ₹2.01 Cr (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Arete Capital and SPA Capital Services. The company has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.5 Lakh; the latest was in March 2024. Its 10 peer companies in the same principal business activity (other financial activities) are compared by revenue, 5 larger and 5 smaller; the largest is Sugmya Finance Private Limited with revenue of ₹155.04 Cr.
The last known website on record is spacapital.com.
Company details
Contact details
Kavisri Enterprises Private Limited's registered office is in Mumbai, Maharashtra. Its website is spacapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Kavisri 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
Brands
Kavisri Enterprises operates two associated brands: Arete Capital and SPA Capital Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment advisory and retirement fund solutions are provided. | aretecapital.co.in | |
| Offers financial advisory, wealth management, insurance, and merchant banking services across India. | spacapital.com |
Business activity
The main business activity of Kavisri Enterprises is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Kavisri Enterprises Private Limited
FY 2024 filings availableKavisri Enterprises Private Limited reported revenue of ₹153.32 Cr (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 62% fall in the latest year. EBITDA rose 86% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.01 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹58.09 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.3% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kavisri Enterprises Private Limited, buy the company report.
Board of directors of Kavisri Enterprises Private Limited
Kavisri Enterprises has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Poddar Also directs: Structmast Realtors (Mumbai) Private Limited, Parnasi Trading Private Limited, Banaj Trading Private Limited and 1 more | Director | 10 May 2019 | 7 Years 5 Months | As last reported |
| Kamal Kishore Somani | Director | 08 May 2019 | 7 Years 5 Months | As last reported |
Peer comparison
Kavisri Enterprises Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sugmya Finance Private Limited | ₹155.04 Cr (FY 2025) | 8.0% | Delhi, India | |||
| Khandwala Commercial Private Limited | ₹154.92 Cr (FY 2025) | 224.0% | Ahmedabad, Gujarat, India | |||
| SRG Housing Finance Limited | ₹154.55 Cr (FY 2025) | 22.0% | Udaipur, Rajasthan, India | |||
| Idfc Limited | ₹154.24 Cr (FY 2023) | 70.0% | Chennai, Tamil Nadu, India | |||
| Piramal Retail Private Limited | ₹153.46 Cr (FY 2024) | Mumbai, Maharashtra, India | ||||
| Kavisri Enterprises Private Limitedthis company | ₹153.32 Cr (FY 2024) | ₹58.09 Lakh | 0.4% | -62.0% | Mumbai, Maharashtra, India | |
| R.S. Ajit Singh and Co. (Automotives) Private Limited | ₹153.19 Cr (FY 2018) | -13.0% | New Delhi, Delhi, India | |||
| Standard Chartered Capital Limited | ₹153.17 Cr (FY 2019) | -15.0% | Mumbai, Maharashtra, India | |||
| Future Financial Servicess Private Limited | ₹152.55 Cr (FY 2016) | 116.0% | Bengaluru, Karnataka, India | |||
| RPS Properties Pvt. Ltd. | ₹152.14 Cr (FY 2020) | -3.0% | Kolkata, West Bengal, India | |||
| Tuscan Ventures Private Limited | ₹151.94 Cr (FY 2025) | 50.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Kavisri Enterprises Private Limited, buy the company report.
Auditor
Kavisri Enterprises Private Limited is audited by P A BANSAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A BANSAL & ASSOCIATES | FY 2023 | 131860W |
Shareholding
The shareholding of Kavisri Enterprises Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Kavisri Enterprises Private Limited, buy the company report.
Deals & funding
Kavisri Enterprises Private Limited has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.5 Lakh; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Auric Tradefin Pvt Ltd Seller: Karma Mercantile LLP |
| Mar 2020 | Funding round | ₹14.9 Lakh | Investors: Auric Tradefin Pvt Ltd , Karma Mercantile LLP |
| Feb 2020 | Funding round | ₹6.6 Lakh | Investors: Kamal Kishore Somani HUF, 2 individuals |
| May 2019 | Rights issue | ₹1 Lakh | Investors: Yamini Mercantiles Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Kavisri Enterprises Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kavisri Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Kavisri Enterprises has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Arete Capital Service Private Limited | U67120MH1996PTC104655 |
To see the full group structure of Kavisri Enterprises Private Limited, buy the company report.
GST
No GST registration is on our record for Kavisri Enterprises Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Kavisri Enterprises Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Kamal Kishore Somani ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Kavisri Enterprises has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Kavisri Enterprises was a private limited company based in Mumbai, Maharashtra, India. The company worked in other services, within the business services industry. It was incorporated on 11 September 2018 and is registered under CIN U74999MH2018PTC313832. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Kavisri Enterprises is U74999MH2018PTC313832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kavisri Enterprises had 2 directors:
- Manish Poddar - Director
- Kamal Kishore Somani - Director
Kavisri Enterprises was incorporated on 11 September 2018. It is registered with the Registrar of Companies, Mumbai.
Kavisri Enterprises can be reached through the website spacapital.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Kavisri Enterprises is at 101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Kavisri Enterprises on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 August 2024. Year-wise statements from FY 2019 are in the company report.
Kavisri Enterprises operated in the business services industry, in the other services segment.
Kavisri Enterprises has 4 deals on record (2 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹21.5 Lakh; the latest was in March 2024.
The peers of Kavisri Enterprises by revenue are Sugmya Finance Private Limited, Khandwala Commercial Private Limited, SRG Housing Finance Limited, Idfc Limited, Piramal Retail Private Limited and 5 more, all in the same principal business activity (other financial activities).