About Mehta Ventures Private Limited
Data last updated:
Mehta Ventures Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Mehta Wealth Limited. It operates in the business support services segment of the business services sector. It was incorporated on 09 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67100GJ2014PTC080053. Its GSTIN is 24AAJCM4605P3Z3 (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹55.07 Lakh. It was formerly known as Mehta Insurance Brokers Private Limited and Mehta Wealth Management Private Limited. It is led by directors Krunal Mehta Jeevan and Kinjal Mehta Krunal.
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 712 Luxuria Business Hub Near Vr Mall Dumas Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.72 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹30.74 Lakh (net margin 96.9%) and EBITDA of ₹30.87 Lakh (EBITDA margin 97.3%). Revenue has grown at a compounded annual rate (CAGR) of 62% over five years.
The company is associated with 1 brand: Mehta Fincon.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehtafincon.com.
Company details
Name history
Mehta Ventures has undergone 6 name changes throughout its history. The current legal name is Mehta Ventures Private Limited.
| Company Name | Status |
|---|---|
| Mehta Ventures Private Limited | Current |
| Mehta Insurance Brokers Private Limited | Previous |
| Mehta Wealth Management Private Limited | Previous |
| Mehta Asset Management Private Limited | Previous |
| Mehta Global Investments Private Limited | Previous |
| Mehta Alternate Investment Private Limited | Previous |
CIN history
Mehta Ventures has one previous CIN (Corporate Identification Number): U66000GJ2014PTC080053. The current CIN is U67100GJ2014PTC080053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67100GJ2014PTC080053 | Current |
| U66000GJ2014PTC080053 | Previous |
Contact details
Mehta Ventures Private Limited's registered office is in Surat, Gujarat. Its website is mehtafincon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address712 Luxuria Business Hub Near Vr Mall Dumas Road, Surat, Gujarat, India – 395007
- IndustryBusiness Services, Business Support Services
To see the full contact details of Mehta Ventures 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
Mehta Ventures operates one associated brand: Mehta Fincon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides wealth management services, including portfolio advisory and planning. | mehtafincon.com |
Business activity
The main business activity of Mehta Ventures is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Mehta Ventures Private Limited, buy the company report.
Financials of Mehta Ventures Private Limited
FY 2024 filings availableMehta Ventures Private Limited reported revenue of ₹31.72 Lakh (up 3910% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years. 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 |
|---|---|---|---|---|---|
| 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 | ₹30.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.74 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.3% | ||||
| Net Profit Margin | 96.9% | ||||
| 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 Mehta Ventures Private Limited, buy the company report.
Board of directors of Mehta Ventures Private Limited
Mehta Ventures has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krunal Mehta Jeevan Also directs: Arigato Capital Advisory LLP, Mehta Capital Private Limited, Mehta Alternates Private Limited and 5 more | Director | 09 Jul 2014 | 12 Years 3 Months | Current |
| Kinjal Mehta Krunal Also directs: Mehta Capital Private Limited, Mehta Alternates Private Limited, Mehta Wealth Limited and 4 more | Director | 14 Dec 2023 | 2 Years 10 Months | Current |
Auditor
Mehta Ventures Private Limited is audited by KBD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KBD & CO | FY 2023 | 107453W |
Shareholding
The shareholding of Mehta Ventures 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 Mehta Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mehta Ventures 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 Mehta Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mehta Ventures has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAJCM4605P3Z3 | Gujarat | Active | 25 Jan 2024 |
To see the full GST registrations and return filing status of Mehta Ventures Private Limited, buy the company report.
Recent activity
Mehta Ventures Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Keyur Mehta Jeevan ceased to be Director on 15 Dec 2023.
Frequently asked questions
Mehta Ventures is an active private limited company based in Surat, Gujarat, India. The company works in business support services, within the business services industry. It was incorporated on 09 July 2014 (12+ years old) and is registered under CIN U67100GJ2014PTC080053.
Mehta Ventures has 2 current directors:
- Krunal Mehta Jeevan - Director
- Kinjal Mehta Krunal - Director
The latest financial statements of Mehta Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mehta Ventures is 24AAJCM4605P3Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mehta Ventures is U67100GJ2014PTC080053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehta Ventures was incorporated on 09 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Mehta Jeevan ceased to be Director on 15 Dec 2023. Kinjal Mehta Krunal was appointed as Director on 14 Dec 2023. Deepika Mehta Jeevanbhai ceased to be Director on 16 Aug 2019. Mehta Ventures has 4 board changes on record in total.
Mehta Ventures can be reached through the website mehtafincon.com. Its registered office is in Surat, Gujarat, India.
The registered office of Mehta Ventures is at 712 Luxuria Business Hub Near Vr Mall Dumas Road, Surat, Gujarat, India – 395007.
Mehta Ventures operates in the business services industry, in the business support services segment.