Mithvassaa Ventures Private Limited

Mithvassaa Ventures Private Limited - chemicals and materials in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U74999TG2005PTC048431 Incorporated 14 December 2005 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2023
₹14.51 Cr
▲ 56% YoY
Net profit · FY 2023
₹5.89 Cr
Net margin 40.6%
EBITDA · FY 2023
₹8.44 Cr
EBITDA margin 58.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.32 Cr
Issued & subscribed
Open charges
₹50 Cr
Satisfied ₹29.43 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Mithvassaa Ventures Private Limited

Data last updated:

Mithvassaa Ventures Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 14 December 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2005PTC048431. Its GSTIN is 36AACCB7508F1ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.32 Cr. It was formerly known as Bhuviteja Enterprises (India) Private Limited. It is led by directors Indira Konda (Managing Director) and Madhusudhan Rao Konda.

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 Plot No.348 H.No. 8 – 2 – 293/82/Jiii/348 Road No.80 Jubilee Hills Phase – III, Hyderabad, Telangana, India – 500034.

As per the financials filed for FY 2023, the company reported a revenue of ₹14.51 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹5.89 Cr (net margin 40.6%) and EBITDA of ₹8.44 Cr (EBITDA margin 58.2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 16% over five years.

As per MCA filings, the company has open charges of ₹50 Cr and satisfied charges of ₹29.43 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 7 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Mithvassaa Ventures Private Limited
CIN U74999TG2005PTC048431
Registration Number 048431
Incorporation Date 14 December 2005
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No.348 H.No. 8 – 2 – 293/82/Jiii/348 Road No.80 Jubilee Hills Phase – III, Hyderabad, Telangana, India – 500034
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail
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Financials, compliance, directors, charges, ownership and filings for Mithvassaa Ventures Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

CIN History of Mithvassaa Ventures Private Limited

Mithvassaa Ventures has one previous CIN (Corporate Identification Number): U74999AP2005PTC048431. The current CIN is U74999TG2005PTC048431, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999TG2005PTC048431Current
U74999AP2005PTC048431Previous

Business Activity of Mithvassaa Ventures Private Limited

The main business activity of Mithvassaa Ventures is trade. In detail, this covers retail trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG2Retail TradingLocked
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Auditor Details of Mithvassaa Ventures Private Limited

Mithvassaa Ventures Private Limited is audited by KRISHNA REDDY & CO. for the financial year 2023.

NameStatusAppointment DateCessation Date
KRISHNA REDDY & CO.LockedLockedLocked
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Board of Directors of Mithvassaa Ventures Private Limited

Mithvassaa Ventures has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhusudhan Rao KondaDirector30 Jun 20179 Years 3 MonthsCurrent
Indira KondaManaging Director14 Dec 200520 Years 9 MonthsCurrent

Financials of Mithvassaa Ventures Private Limited FY 2024 filings available

Mithvassaa Ventures Private Limited reported revenue of ₹14.51 Cr (up 56% YoY) for FY 2023.

Revenue · FY 2023
₹14.51 Cr ▲ 56%
Net profit · FY 2023
₹5.89 Cr margin 40.6%
EBITDA · FY 2023
₹8.44 Cr margin 58.2%

Compounded Annual Growth Rate (CAGR) of Mithvassaa Ventures Private Limited

Revenue CAGR growth
1 year
▲ 56%
3 years · compounded
▼ 33%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 527%
3 years · compounded
▲ 51%
5 years · compounded
▲ 23%

Revenue rose 56% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 527% 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 Mithvassaa Ventures Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹14.51 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹8.44 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹5.89 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 of Mithvassaa Ventures Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin58.2%••••••••••••••••
Net Profit Margin40.6%••••••••••••••••
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 Mithvassaa Ventures are in the company report.

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Ownership and Shareholding of Mithvassaa Ventures Private Limited

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Charges & Borrowings of Mithvassaa Ventures Private Limited

Open charges
₹50 Cr
Satisfied charges
₹29.43 Cr
Breakdown by lending institutions
Others₹27.22 Cr
Standard Chartered Bank₹16.25 Cr
Tata Capital Financial Services Limited₹3.03 Cr
Andhra Bank Gachibowli Branch₹2.50 Cr
Axis Bank Limited₹0.50 Cr
Others₹0.50 Cr
Latest charge details
DateLenderAmountStatus
23 Mar 2022Others₹22.6 CrOpen
21 Jun 2021Standard Chartered Bank₹2.45 CrOpen
19 Aug 2020Others₹17.5 LakhOpen
18 Jun 2020Axis Bank Limited₹50 LakhOpen
03 Mar 2020Standard Chartered Bank₹5.2 CrOpen

Total charge records: 13 View all charges

Employees and EPFO Compliance at Mithvassaa Ventures Private Limited

Employment history and EPFO contributions of people linked to Mithvassaa Ventures.

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GST Compliance of Mithvassaa Ventures Private Limited

Mithvassaa Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AACCB7508F1ZVTelanganaActive01 Jul 2017
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Credit Ratings, Litigation & Regulatory Alerts for Mithvassaa Ventures Private Limited

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MSME Payment Delays by Mithvassaa Ventures Private Limited

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Subsidiaries & Group Companies of Mithvassaa Ventures Private Limited

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MCA Filings & Documents of Mithvassaa Ventures Private Limited

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Recent Activity on Mithvassaa Ventures Private Limited

Activity
30 Sep 2024
Mithvassaa Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Activity
31 Mar 2024
Mithvassaa Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
04 May 2022
A charge registered on 29 Oct 2008 via Charge ID 10133926 with Bank Of India was fully satisfied on 04 May 2022.
Charges
23 Mar 2022
A charge with Others amounted to Rs. 22.60 Cr with Charge ID 100578743 was registered on 23 Mar 2022.
Charges
21 Jun 2021
A charge with Standard Chartered Bank amounted to Rs. 2.45 Cr with Charge ID 100469083 was registered on 21 Jun 2021.
Charges
19 Aug 2020
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 100384208 was registered on 19 Aug 2020.

Frequently Asked Questions about Mithvassaa Ventures Private Limited

Mithvassaa Ventures is an active private limited company based in Hyderabad, Telangana, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 14 December 2005 (21+ years old) and is registered under CIN U74999TG2005PTC048431.

Mithvassaa Ventures reported revenue of ₹14.51 Cr for FY 2023 (up 56% YoY).

Mithvassaa Ventures has 2 current directors:

Mithvassaa Ventures reported a net profit of ₹5.89 Cr (net margin 40.6%) and EBITDA of ₹8.44 Cr (EBITDA margin 58.2%) for FY 2023, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mithvassaa Ventures is -33% over three years and -16% over five years. In the latest year (FY 2023) revenue rose 56%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mithvassaa Ventures is 36AACCB7508F1ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Mithvassaa Ventures is U74999TG2005PTC048431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mithvassaa Ventures has 12 court cases on record: 3 filed by the company and 9 filed against it. 7 are pending. Most are in the district courts.

Mithvassaa Ventures was incorporated on 14 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.

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