Tavasya Venture Partners Private Limited

Tavasya Venture Partners Private Limited - financial services in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U74140OR2007PTC009653 Incorporated 03 December 2007 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company financial services MSME
Data last updated
Revenue · FY 2024
₹104.87 Cr
▲ 73% YoY
Net profit · FY 2024
₹6.32 Cr
Net margin 6%
EBITDA · FY 2024
₹24.64 Cr
EBITDA margin 23.5%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹3.26 Cr
Issued & subscribed
Open charges
₹62.34 Cr
Satisfied ₹24.45 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
4
Provident fund records

About Tavasya Venture Partners Private Limited

Data last updated:

Tavasya Venture Partners Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 03 December 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74140OR2007PTC009653. Its GSTIN is 21AACCT7984R1ZJ (Odisha). The company holds 8 GST registrations, of which 7 are active.

The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹3.26 Cr. It is led by directors Tanmay Das and Choudhury Prasanjit Mishra.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bhubaneswar, Odisha.

As per the financials filed for FY 2024, the company reported a revenue of ₹104.87 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹6.32 Cr (net margin 6%) and EBITDA of ₹24.64 Cr (EBITDA margin 23.5%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 17% over five years.

The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 1 brand: Tavasya. As per MCA filings, the company has open charges of ₹62.34 Cr and satisfied charges of ₹24.45 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 4 cases are pending. The company has 13 deals on record (6 funding rounds, 4 debt financings, 3 secondary share transfers), with disclosed funding of ₹29.91 Cr; the latest was in March 2023. Its 6 peer companies in the Metals and Minerals industry (Holding Company, Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 5 smaller; the largest is Kaizen Cold Formed Steel Private Limited with revenue of ₹105.61 Cr. The company has 31 MSME Form 1 returns on record between 2013 and 2021, listing 48 overdue payments to 15 micro and small suppliers.

Tavasya Venture Partners Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-OD-19-0001681). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ventures.tavasyafoundation.com.

Company details

CIN U74140OR2007PTC009653
Registration Number 009653
Incorporation Date 03 December 2007
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-OD-19-0001681
Key People
Tanmay Das Director Choudhury Prasanjit Mishra Director

Recognitions & Rankings of Tavasya Venture Partners

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-OD-19-0001681

Contact details

Tavasya Venture Partners Private Limited's registered office is in Bhubaneswar, Odisha. Its website is ventures.tavasyafoundation.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ventures.tavasyafoundation.com
  • Registered Address
    Flat – 103 1st Floor Utshav Enclave, Niladrivihar Road Chandrasekharpur, Bhubaneswar, Odisha, India – 751016
  • Industry
    Financial Services, Financial Holding Companies

To see the full contact details of Tavasya Venture Partners Private Limited, buy the company report.

Comprehensive company report
Tavasya Venture Partners 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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Brands

Tavasya Venture Partners operates one associated brand: Tavasya. Each brand links to its own profile.

BrandDescriptionWebsite
Tavasya
Develops and operates renewable energy projects with EPC solutions in India.tavasya.com

Business activity

The main business activities of Tavasya Venture Partners are trade and professional, scientific and technical. In detail, this covers wholesale trading and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading
MProfessional, Scientific and TechnicalM4Architecture, engineering activities, technical testing and analysis activities

To see the full business activity and turnover split of Tavasya Venture Partners Private Limited, buy the company report.

Financials of Tavasya Venture Partners Private Limited

FY 2024 filings available

Tavasya Venture Partners Private Limited reported revenue of ₹104.87 Cr (up 73% YoY) for FY 2024.

Revenue · FY 2024
₹104.87 Cr ▲ 73%
Net profit · FY 2024
₹6.32 Cr margin 6%
EBITDA · FY 2024
₹24.64 Cr margin 23.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 52%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 37%
5 years · compounded
▲ 1%

Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 73% growth in the latest year. EBITDA rose 24% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹24.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.32 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin23.5%
Net Profit Margin6%
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 Tavasya Venture Partners Private Limited, buy the company report.

Board of directors of Tavasya Venture Partners Private Limited

Tavasya Venture Partners has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tanmay Das
Also directs: Pipekang Hydro Power Private Limited, Raajratna Energy Holdings Private Limited, Belij Hydro Power Private Limited and 5 more
Director20 May 201313 Years 5 MonthsCurrent
Choudhury Prasanjit Mishra
Also directs: Pipekang Hydro Power Private Limited, Kangteng Hydro Power Private Limited, Adishankar Khuitam Power Private Limited and 3 more
Director09 Aug 20215 Years 2 MonthsCurrent
View all directors

Peer comparison

Tavasya Venture Partners Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Holding Company, Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kaizen Cold Formed Steel Private Limited₹105.61 Cr (FY 2024)31.0%Chennai, Tamil Nadu, India
Tavasya Venture Partners Private Limitedthis company₹104.87 Cr (FY 2024)₹6.32 Cr6%73.0%Bhubaneswar, Odisha, India
Kaushik Udyog Private Limited₹104.86 Cr (FY 2025)80.0%Nagpur, Maharashtra, India
Shree Metalloys Limited₹104.47 Cr (FY 2025)10.0%Ahmedabad, Gujarat, India
Gulshan Exim Private Limited₹104.44 Cr (FY 2025)42.0%New Delhi, Delhi, India
Vinayak Metasteel Private Limited₹104.28 Cr (FY 2022)75.0%Jaipur, Rajasthan, India
Steel House & Infra Private Limited₹104.02 Cr (FY 2025)18.0%Ranchi, Jharkhand, India

To see the full peer comparison of Tavasya Venture Partners Private Limited, buy the company report.

Auditor

Tavasya Venture Partners Private Limited is audited by Umamaheswara Rao & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Umamaheswara Rao & CoFY 2023004453S

Shareholding

The shareholding of Tavasya Venture Partners 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Tavasya Venture Partners Private Limited, buy the company report.

Charges & borrowings

Open charges
₹62.34 Cr
Satisfied charges
₹24.45 Cr
Breakdown by lending institutions
Uco Bank₹42.45 Cr
Others₹18.93 Cr
Hdfc Bank Limited₹0.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Sep 2025101159203Others₹4.5 CrOpen
24 Dec 2024101019229Uco Bank₹60 LakhOpen
21 Sep 2024100998362Uco Bank₹6 CrOpen
21 Nov 2023100826221Uco Bank₹15 CrOpen
07 Oct 2023100810699Hdfc Bank Limited₹96 LakhOpen

To see the full charge records of Tavasya Venture Partners Private Limited, buy the company report.

Total charge records: 12 View all charges

Deals & funding

Tavasya Venture Partners Private Limited has 13 deals on record (6 funding rounds, 4 debt financings, 3 secondary share transfers), with disclosed funding of ₹29.91 Cr; the latest was in March 2023.

Total deals
13
Funding rounds
6
Debt financings
4
Secondary share transfers
3
Disclosed funding
₹29.91 Cr

Deals on record (5 of 13)

WhenDealAmountParties
Mar 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 4 individuals
Mar 2023Debt financing₹2 CrInvestors: Suvibha Trust
Mar 2022Secondary share transferUndisclosedSeller: Evergreen Education (India) Private Limited
Dec 2020Debt financing₹6.25 CrInvestors: an individual
Feb 2019Debt financing₹5.5 CrInvestors: 3 individuals

To see the full deal history of Tavasya Venture Partners Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Tavasya Venture Partners Private Limited was last rated by Care on 25 Jan 2022.

Rating agencyRated onRating
Care25 Jan 2022

To see the full credit ratings and regulatory alerts of Tavasya Venture Partners Private Limited, buy the company report.

MSME payment delays

Tavasya Venture Partners Private Limited has 31 MSME Form 1 returns on record between 2013 and 2021, listing 48 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
Union Roadways Ltd.
Digital Refresh Networks Private Limited
Inkilab Technologies Private Limited
Jaya Sarv-O-Steam Boilers
Megha Engineering & Infrastructures Limited

To see the full MSME payment records of Tavasya Venture Partners Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Tavasya Venture Partners has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Top Blue Supply Chains Private LimitedU01400TG2012PTC084823
Raajratna Energy Holdings Private LimitedU40100TG2004PTC076551

To see the full group structure of Tavasya Venture Partners Private Limited, buy the company report.

GST

Tavasya Venture Partners has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
8
Active
7
Cancelled / inactive
1
GSTINStateStatusRegistered on
21AACCT7984R1ZJOdishaActive01 Jul 2017
22AACCT7984R1ZHChattisgarhActive01 Jul 2017
29AACCT7984R1Z3KarnatakaActive01 Jul 2017
32AACCT7984R1ZGKeralaActive01 Jul 2017

To see the full GST registrations and return filing status of Tavasya Venture Partners Private Limited, buy the company report.

Recent activity

Tavasya Venture Partners Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Choudhury Prasanjit Mishra ceased to be Additional Director on 30 Nov 2021.

AGM
Tavasya Venture Partners Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Uco Bank of Rs. 15.00 Cr registered on 21 Nov 2023 with Charge ID 100826221 was modified on 29 Sep 2025.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 101159203 was registered on 05 Sep 2025.
Charges
A charge with Uco Bank amounted to Rs. 0.60 Cr with Charge ID 101019229 was registered on 24 Dec 2024.
Charges
A charge with Uco Bank amounted to Rs. 6.00 Cr with Charge ID 100998362 was registered on 21 Sep 2024.
Filing
Tavasya Venture Partners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with Uco Bank amounted to Rs. 15.00 Cr with Charge ID 100826221 was registered on 21 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.96 Cr with Charge ID 100810699 was registered on 07 Oct 2023.
Charges
A charge with Uco Bank amounted to Rs. 0.10 Cr with Charge ID 100765129 was registered on 18 Aug 2023.
Charges
A charge with Uco Bank of Rs. 14.74 Cr registered on 28 May 2013 with Charge ID 10429876 was modified on 06 Jul 2022.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100569438 was registered on 28 Feb 2022.
Ceased
Choudhury Prasanjit Mishra ceased to be Additional Director.

15 earlier events are in the company report.

Frequently asked questions

Tavasya Venture Partners is an active private limited company based in Bhubaneswar, Odisha, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 03 December 2007 (19+ years old) and is registered under CIN U74140OR2007PTC009653.

Tavasya Venture Partners has 2 current directors:

The latest financial statements of Tavasya Venture Partners on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Tavasya Venture Partners is 21AACCT7984R1ZJ, registered in Odisha. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 22AACCT7984R1ZH (Chattisgarh), 29AACCT7984R1Z3 (Karnataka), 32AACCT7984R1ZG (Kerala).

The CIN (Corporate Identification Number) of Tavasya Venture Partners is U74140OR2007PTC009653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Tavasya Venture Partners has 9 court cases on record: 4 filed by the company and 5 filed against it. 4 are pending. Most are in the high courts.

Tavasya Venture Partners was incorporated on 03 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Cuttack.

Tavasya Venture Partners has 13 deals on record (6 funding rounds, 4 debt financings, 3 secondary share transfers), with disclosed funding of ₹29.91 Cr; the latest was in March 2023.

The peers of Tavasya Venture Partners by revenue are Kaizen Cold Formed Steel Private Limited, Kaushik Udyog Private Limited, Shree Metalloys Limited, Gulshan Exim Private Limited, Vinayak Metasteel Private Limited and 1 more, all in the Metals and Minerals industry (Holding Company, Metal Retail and Distribution), with the same principal business activity (wholesale trading).

Choudhury Prasanjit Mishra ceased to be Additional Director on 30 Nov 2021. Madhulita Das ceased to be Director on 17 Aug 2021. Choudhury Prasanjit Mishra was appointed as Director on 09 Aug 2021. Tavasya Venture Partners has 6 board changes on record in total.

Yes, Tavasya Venture Partners is registered as an MSME under Udyam registration (number: UDYAM-OD-19-0001681).

Tavasya Venture Partners has 31 MSME Form 1 returns on record between 2013 and 2021, listing 48 overdue payments to 15 micro and small suppliers. The latest return was filed on 08 Feb 2024.