MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0002181
Lightalive Solutions Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.45 Cr
▼ 31% YoY
Net profit · FY 2025
₹48.77 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹1.59 Cr
EBITDA margin 6.8%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹39.59 Cr
Satisfied ₹21.54 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
23
Provident fund records
About Lightalive Solutions Private Limited
Data last updated:
Lightalive Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2013PTC239967. Its GSTIN is 27AACCL4292L1Z4 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Suketu Suryakant Jhaveri and Maulik Suketu Jhaveri.
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 10 – 11B Floor – G Plot – 470/471 Bussa Industrial Estate S H Tandel Marg Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.45 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹48.77 Lakh (net margin 2.1%) and EBITDA of ₹1.59 Cr (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 15% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lightalive. As per MCA filings, the company has open charges of ₹39.59 Cr and satisfied charges of ₹21.54 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in August 2021. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Sree Ashapuri Marketing (Madras) Private Limited with revenue of ₹23.51 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 63 overdue payments to 5 micro and small suppliers.
Lightalive Solutions Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0002181). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lightalive.in.
Company Details of Lightalive Solutions Private Limited
CIN U74999MH2013PTC239967
Registration Number 239967
Incorporation Date 24 January 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0002181
Key People
Suketu Suryakant Jhaveri Director Maulik Suketu Jhaveri Director Yash Shirish Jhaveri Director Recognitions & Rankings of Lightalive Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address10 – 11B Floor – G Plot – 470/471 Bussa Industrial Estate S H Tandel Marg Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
Comprehensive company report
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Associated Brands with Lightalive Solutions Private Limited
Lightalive Solutions operates one associated brand: Lightalive. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| LED lighting technology and design services in India. | lightalive.in |
Business Activity of Lightalive Solutions Private Limited
The main business activities of Lightalive Solutions are trade and support service to organizations. In detail, this covers wholesale trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Lightalive Solutions Private Limited FY 2024 filings available
Lightalive Solutions Private Limited reported revenue of ₹23.45 Cr (down 31% YoY) for FY 2025.
Revenue · FY 2025
₹23.45 Cr ▼ 31%
Net profit · FY 2025
₹48.77 Lakh margin 2.1%
EBITDA · FY 2025
₹1.59 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR) of Lightalive Solutions Private Limited
Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▼ 9%
5 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 2%
5 years · compounded
▼ 28%
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 31% fall in the latest year. EBITDA fell 28% 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 of Lightalive Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.59 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.77 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 of Lightalive Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lightalive Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Lightalive Solutions Private Limited
Lightalive Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suketu Suryakant Jhaveri | Director | 24 Jan 2013 | 13 Years 8 Months | Current |
| Maulik Suketu Jhaveri Also directs: Phos Lighting India LLP | Director | 24 Jan 2013 | 13 Years 8 Months | Current |
| Yash Shirish Jhaveri | Director | 24 Jan 2013 | 13 Years 8 Months | Current |
Peer Comparison of Lightalive Solutions Private Limited
Lightalive Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Ashapuri Marketing (Madras) Private Limited | ₹23.51 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Aroras D.P. Electronics Private Limited | ₹23.47 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Nordic Corrupack Private Limited | ₹23.47 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Charkhi Dadri, Haryana, India |
| Haikawa Appliances Private Limited | ₹23.46 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Omnidext Works and Consultancy Private Limited | ₹23.45 Cr (FY 2025) | •••• | •••• | 520.0% | •••• | Dehradun, Uttarakhand, India |
| Lightalive Solutions Private Limited this company | ₹23.45 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
| G. P. Distributors Private Limited | ₹23.4 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Lucknow, Uttar Pradesh, India |
| Rectus Marketing Advisory Private Limited | ₹23.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Ernakulam, Kerala, India |
| Adhunik Switchgears Pvt Ltd | ₹23.38 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| XL Electricals Private Limited | ₹23.37 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Micromax Technologies Private Limited. | ₹23.33 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Lightalive Solutions by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lightalive Solutions Private Limited
Lightalive Solutions Private Limited is audited by NATVARLAL VEPARI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NATVARLAL VEPARI & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Lightalive Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Lightalive Solutions Private Limited
Open charges
₹39.59 Cr
Satisfied charges
₹21.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2022 | Hdfc Bank Limited | ₹2.69 Cr | Open |
| 10 Dec 2014 | Hdfc Bank Limited | ₹36.9 Cr | Open |
| 22 Nov 2023 | Others | ₹1 Cr | Satisfied |
| 22 Nov 2023 | Others | ₹10 Cr | Satisfied |
| 13 Jul 2017 | Others | ₹2.98 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Lightalive Solutions Private Limited
Lightalive Solutions Private Limited has 3 deals on record (3 secondary share transfers); the latest was in August 2021.
Total deals
3
Secondary share transfers
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
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Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Lightalive Solutions Private Limited
Lightalive Solutions Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 63 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Flomic Freight Services Pvt Ltd | •••• | •••• | •••• |
| Bharat-Alurays | •••• | •••• | •••• |
| Alw Lighting (India) Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
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Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Lightalive Solutions Private Limited
Lightalive Solutions Private Limited has a workforce of 23 employees as of Apr 05, 2024.
Employee count
23
Active EPFO establishments
1
Employee growth
-4.17%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Lightalive Solutions Private Limited
Lightalive Solutions Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Shirish Suryakant Jhaveri ceased to be Director on 28 Jun 2021.
Charges
A charge registered on 22 Nov 2023 via Charge ID 100835578 with Others was fully satisfied on 05 Aug 2025.
Charges
A charge registered on 22 Nov 2023 via Charge ID 100835576 with Others was fully satisfied on 05 Aug 2025.
AGM
Lightalive Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lightalive Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100835578 was registered on 22 Nov 2023.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100835576 was registered on 22 Nov 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 3,689.57 Lakh registered on 10 Dec 2014 with Charge ID 10536224 was modified on 21 Feb 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 269.09 Lakh with Charge ID 100559494 was registered on 30 Mar 2022.
Charges
A charge registered on 13 Jul 2017 via Charge ID 100116590 with Others was fully satisfied on 22 Sep 2021.
Ceased
Shirish Suryakant Jhaveri ceased to be Director.
Charges
A charge with Others amounted to Rs. 298.00 Lakh with Charge ID 100116590 was registered on 13 Jul 2017.
Charges
A charge registered on 15 Feb 2016 via Charge ID 10623500 with Indiabulls Housing Finance Limited was fully satisfied on 22 May 2017.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lightalive Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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Subsidiaries & Group Companies of Lightalive Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Lightalive Solutions Private Limited
Lightalive Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL4292L1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 29AACCL4292L1Z0 | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Lightalive Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Lightalive Solutions Private Limited
Lightalive Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 January 2013 (13+ years old) and is registered under CIN U74999MH2013PTC239967.
Lightalive Solutions reported revenue of ₹23.45 Cr for FY 2025 (down 31% YoY).
Lightalive Solutions has 3 current directors:
- Suketu Suryakant Jhaveri - Director
- Maulik Suketu Jhaveri - Director
- Yash Shirish Jhaveri - Director
Lightalive Solutions reported a net profit of ₹48.77 Lakh (net margin 2.1%) and EBITDA of ₹1.59 Cr (EBITDA margin 6.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lightalive Solutions is -9% over three years and -15% over five years. In the latest year (FY 2025) revenue fell 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lightalive Solutions is 27AACCL4292L1Z4, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AACCL4292L1Z0 (Karnataka).
The CIN (Corporate Identification Number) of Lightalive Solutions is U74999MH2013PTC239967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lightalive Solutions was incorporated on 24 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Lightalive Solutions has 3 deals on record (3 secondary share transfers); the latest was in August 2021.
The peers of Lightalive Solutions by revenue are Sree Ashapuri Marketing (Madras) Private Limited, Aroras D.P. Electronics Private Limited, Nordic Corrupack Private Limited, Haikawa Appliances Private Limited, Omnidext Works and Consultancy Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Shirish Suryakant Jhaveri ceased to be Director on 28 Jun 2021. Maulik Suketu Jhaveri was appointed as Director on 24 Jan 2013. Suketu Suryakant Jhaveri was appointed as Director on 24 Jan 2013. Lightalive Solutions has 4 board changes on record in total.
Yes, Lightalive Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0002181).