Luminous Venture Private Limited
About Luminous Venture Private Limited
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Luminous Venture Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 21 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2007PTC176068.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹59.95 Lakh. It is led by directors Abhishek Palaparthy and Vani Murthy Palaparthy.
Its last annual general meeting (AGM) was held on 31 July 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹25,468, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.43 Lakh and EBITDA of ₹2,568 (EBITDA margin 10.1%).
As per MCA filings, the company has open charges of ₹18 Cr on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.96 Cr; the latest was in May 2010.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Luminous Venture Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. A/4 Sagar Darshan Rajpal Co – Op Housing Society Plot No. 8 12 13 & 14. Khar W, Est, Mumbai, Maharashtra, India – 400052
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Luminous Venture 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 Luminous Venture 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 Luminous Venture Private Limited
FY 2015 filings availableLuminous Venture Private Limited reported revenue of ₹25,468 (down 89% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 89% in the latest year. EBITDA fell 98% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹25,468 |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹2,568 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.43 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 10.1% |
| Net Profit Margin | |
| 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 Luminous Venture Private Limited, buy the company report.
Board of directors of Luminous Venture Private Limited
Luminous Venture has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Palaparthy | Director | 21 Jun 2010 | 16 Years 4 Months | Current |
| Vani Murthy Palaparthy Also directs: Beyond Cinema LLP, Abhirama Hotels and Resorts Private Limited, Abhirama Media Private Limited and 1 more | Director | 21 Jun 2010 | 16 Years 4 Months | Current |
Auditor
Luminous Venture Private Limited is audited by BANSAL BANSAL & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL BANSAL & CO | FY 2015 | 100986W |
Shareholding
The shareholding of Luminous Venture Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Luminous Venture Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2017 | 100178695 | Lakshmi Vilas Bank Limited | ₹18 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Luminous Venture Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.96 Cr; the latest was in May 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Alaap Infrastructure Private Limited , Priya Mercantile Private Limited , Amal Mercantile Private Limited Seller: Osgood Tie-Up Private Limited , Durvish Vyapaar Private Limited , Miracle Commotrade Private Limited |
| Sep 2009 | Funding round | ₹3.83 Cr | Investors: Durvish Vyapaar Private Limited , Miracle Commotrade Private Limited , Stocknet International Ltd |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Osgood Tie-Up Private Limited , Eden Financial Services, an individual Seller: Rajshila Fertilisers Private Limited , Sujla Tie-Up Private Limited , Savi Global Realtors Limited |
| Mar 2008 | Funding round | ₹4.13 Cr | Investors: Rajshila Fertilisers Private Limited , Sujla Tie-Up Private Limited , Savi Global Realtors 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 Luminous Venture 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 Luminous Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Luminous Venture Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Luminous Venture Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Nilesh Shantichandji Bhandari ceased to be Director on 30 Dec 2011.
Frequently asked questions
Luminous Venture is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 21 November 2007 (19+ years old) and is registered under CIN U51900MH2007PTC176068.
Luminous Venture has 2 current directors:
- Abhishek Palaparthy - Director
- Vani Murthy Palaparthy - Director
The latest financial statements of Luminous Venture on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 31 July 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Luminous Venture is U51900MH2007PTC176068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luminous Venture was incorporated on 21 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Luminous Venture has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹7.96 Cr; the latest was in May 2010.
Nilesh Shantichandji Bhandari ceased to be Director on 30 Dec 2011. Abhishek Palaparthy was appointed as Director on 21 Jun 2010. Vani Murthy Palaparthy was appointed as Director on 21 Jun 2010. Luminous Venture has 5 board changes on record in total.
The registered office of Luminous Venture is at Flat No. A4 Sagar Darshan Rajpal Co – Op Housing Society Plot No. 8 12 13 & 14. Khar W, Est, Mumbai, Maharashtra, India – 400052.
Luminous Venture operates in the financial services industry, in the diversified financial services segment.
Luminous Venture has open charges of ₹18 Cr and no satisfied charges on record as per latest MCA filings.