MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0150145
MH Ventures Private Limited
MH Ventures Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹66.11 Cr
▲ 89% YoY
Net profit · FY 2023
₹1.79 Cr
Net margin 2.7%
EBITDA · FY 2023
₹6.69 Cr
EBITDA margin 10.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹2.85 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
127
Provident fund records
About MH Ventures Private Limited
Data last updated:
MH Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 15 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2021PTC145311. Its GSTIN is 29AAOCM4115B1ZM (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Nikhil Motwani and Shubham Motwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #180 Commercial Street Shivajinagar, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹66.11 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 2.7%) and EBITDA of ₹6.69 Cr (EBITDA margin 10.1%).
The company has about 127 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.85 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
MH Ventures Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0150145).
Company details
CIN U51909KA2021PTC145311
Registration Number 145311
Incorporation Date 15 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0150145
Recognitions & Rankings of MH Ventures
Contact details
MH Ventures Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#180 Commercial Street Shivajinagar, Bangalore, Karnataka, India – 560001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of MH Ventures Private Limited, buy the company report.
Comprehensive company report
MH Ventures Private Limited - one report that includes everything
- 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
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Financials of MH Ventures Private Limited
FY 2025 filings availableMH Ventures Private Limited reported revenue of ₹66.11 Cr (up 89% YoY) for FY 2023.
Revenue · FY 2023
₹66.11 Cr ▲ 89%
Net profit · FY 2023
₹1.79 Cr margin 2.7%
EBITDA · FY 2023
₹6.69 Cr margin 10.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
EBITDA CAGR growth
1 year
▲ 154%
Revenue rose 89% in the latest year. EBITDA rose 154% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹66.11 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.69 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.79 Cr | ||
| 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 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.1% | ||
| Net Profit Margin | 2.7% | ||
| 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 MH Ventures Private Limited, buy the company report.
Board of directors of MH Ventures Private Limited
MH Ventures has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Motwani Also directs: Elevated Softech Private Limited | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Shubham Motwani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Ajay Ghanshyam Motwani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Sanjay Ghanshyam Motwani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Auditor
MH Ventures Private Limited is audited by SHARMA AND PAGARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARMA AND PAGARIA | FY 2023 | 008217S |
Shareholding
The shareholding of MH Ventures Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MH Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2022 | 100590564 | Others | ₹35 Lakh | Open | |
| 07 Feb 2022 | 100543482 | Yes Bank Limited | ₹2.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
MH Ventures Private Limited has 2 court cases on record: 2 filed by MH Ventures. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Vedant Fashions Limited and 2 others | Pending |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against Vedant Fashions Limited R/B Its Authorised Signatory Mr Srinivas C.H and 1 other | Disposed |
To see the full case history of MH Ventures 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
No delayed payments to MSME suppliers are on our record for MH Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MH Ventures Private Limited has a workforce of 127 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
Employee count
127
Active EPFO establishments
1
Employee growth
32.29%
GST
MH Ventures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM4115B1ZM | Karnataka | Active | 30 Mar 2021 |
To see the full GST registrations and return filing status of MH Ventures Private Limited, buy the company report.
Recent activity
MH Ventures Private Limited has 4 board changes on record since 2021: 4 appointments. The latest: Ajay Ghanshyam Motwani was appointed as Director on 15 Mar 2021.
AGM
Mh Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mh Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 35.00 Lakh with Charge ID 100590564 was registered on 01 Jul 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 100543482 was registered on 07 Feb 2022.
Appointed
Ajay Ghanshyam Motwani was appointed as Director.
Appointed
Nikhil Motwani was appointed as Director.
Appointed
Sanjay Ghanshyam Motwani was appointed as Director.
Appointed
Shubham Motwani was appointed as Director.
Incorporation
15 Mar 2021
Mh Ventures Private Limited was registered on 15 Mar 2021 with Roc Bangalore & aged 5 years 7 months as per MCA records.
Frequently asked questions
MH Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 15 March 2021 (5+ years old) and is registered under CIN U51909KA2021PTC145311.
MH Ventures has 4 current directors:
- Nikhil Motwani - Director
- Shubham Motwani - Director
- Ajay Ghanshyam Motwani - Director
- Sanjay Ghanshyam Motwani - Director
The latest financial statements of MH Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of MH Ventures is 29AAOCM4115B1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of MH Ventures is U51909KA2021PTC145311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MH Ventures has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
MH Ventures was incorporated on 15 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Ajay Ghanshyam Motwani was appointed as Director on 15 Mar 2021. Nikhil Motwani was appointed as Director on 15 Mar 2021. Sanjay Ghanshyam Motwani was appointed as Director on 15 Mar 2021. MH Ventures has 4 board changes on record in total.
Yes, MH Ventures is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0150145).
The registered office of MH Ventures is at #180 Commercial Street Shivajinagar, Bangalore, Karnataka, India – 560001.
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