About Aurea Ventures Private Limited
Data last updated:
Aurea Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA2014PTC076071. Its GSTIN is 29AAMCA8515D1ZK (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Jeevan Pappini Veettil (Managing Director) and Rajavalli Pappini Veettil.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.355 1st Floor 4th Cross 4th Main Ombr Layout, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2017, the company reported a revenue of ₹71.55 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹76,032 (net margin 1.1%) and EBITDA of ₹1.17 Lakh (EBITDA margin 1.6%).
The company is associated with 1 brand: Aurea Ventures. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website aureaventures.in.
Company details
Contact details
Aurea Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is aureaventures.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.355 1st Floor 4th Cross 4th Main Ombr Layout, Bangalore, Karnataka, India – 560043
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Aurea 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
Aurea Ventures operates one associated brand: Aurea Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online shopping platform for multi-category home decor products. | aureaventures.in |
Business activity
The main business activity of Aurea Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Aurea Ventures Private Limited, buy the company report.
Financials of Aurea Ventures Private Limited
FY 2017 filings availableAurea Ventures Private Limited reported revenue of ₹71.55 Lakh (up 347% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 347% in the latest year. EBITDA rose 110% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹71.55 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.17 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹76,032 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.6% | ||
| Net Profit Margin | 1.1% | ||
| 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 | |||
To see the full financial statements and ratios of Aurea Ventures Private Limited, buy the company report.
Board of directors of Aurea Ventures Private Limited
Aurea 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 |
|---|---|---|---|---|
| Rajavalli Pappini Veettil | Director | 07 Dec 2016 | 9 Years 10 Months | Current |
| Jeevan Pappini Veettil | Managing Director | 27 Aug 2014 | 12 Years 1 Months | Current |
Auditor
Aurea Ventures Private Limited is audited by J P C & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J P C & ASSOCIATES | FY 2017 | 014835S |
Shareholding
The shareholding of Aurea Ventures Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aurea Ventures Private Limited, buy the company report.
Legal cases
Aurea Ventures Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Synergic Digital Graphics Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by M/S Grindwell Norton Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Pintree Custom Creations Pvt Ltd Rep by Bose George | Disposed |
To see the full case history of Aurea 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 Aurea Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aurea Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCA8515D1ZK | Karnataka | Active | 01 Jul 2017 |
| 32AAMCA8515D1ZX | Kerala | Active | 30 Oct 2020 |
To see the full GST registrations and return filing status of Aurea Ventures Private Limited, buy the company report.
Recent activity
Aurea Ventures Private Limited has 6 board changes on record since 2014: 4 appointments and 2 cessations. The latest: Vinil Kumar ceased to be Director on 23 Mar 2018.
Frequently asked questions
Aurea Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 August 2014 (12+ years old) and is registered under CIN U51109KA2014PTC076071.
Aurea Ventures has 2 current directors:
- Jeevan Pappini Veettil - Managing Director
- Rajavalli Pappini Veettil - Director
The latest financial statements of Aurea Ventures on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Aurea Ventures is 29AAMCA8515D1ZK, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AAMCA8515D1ZX (Kerala).
The CIN (Corporate Identification Number) of Aurea Ventures is U51109KA2014PTC076071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aurea Ventures has 3 court cases on record: 3 filed against it. 2 are pending.
Aurea Ventures was incorporated on 27 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinil Kumar ceased to be Director on 23 Mar 2018. Rajavalli Pappini Veettil was appointed as Director on 07 Dec 2016. Dineshkumar Chodon Puthiyoth ceased to be Director on 28 Oct 2016. Aurea Ventures has 6 board changes on record in total.
Aurea Ventures can be reached through the website aureaventures.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aurea Ventures is at No.355 1st Floor 4th Cross 4th Main Ombr Layout, Bangalore, Karnataka, India – 560043.