Parvathy Ventures Private Limited
About Parvathy Ventures Private Limited
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Parvathy Ventures Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 27 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U01403TZ2016PTC022220. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.9 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Smitha Viswanadhan (Managing Director) and Madhavan Viswanadhan.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Srivari Srimath 3rd Floor Door No.1045 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018.
As per the financials filed for FY 2018, the company reported a revenue of ₹21.28 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.34 Lakh (net margin -0.5%) and EBITDA of ₹66.32 Lakh (EBITDA margin 3.1%).
As per MCA filings, the company has open charges of ₹3.07 Cr on record. Court records list 10 cases involving the company, including 10 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parvathy Ventures Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSrivari Srimath 3rd Floor Door No.1045 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Parvathy 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
Business activity
The main business activity of Parvathy Ventures is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Parvathy Ventures Private Limited, buy the company report.
Financials of Parvathy Ventures Private Limited
FY 2018 filings availableParvathy Ventures Private Limited reported revenue of ₹21.28 Cr (up 4942% YoY) for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹21.28 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹66.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹11.34 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 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.1% | ||
| Net Profit Margin | -0.5% | ||
| 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 Parvathy Ventures Private Limited, buy the company report.
Board of directors of Parvathy Ventures Private Limited
Parvathy Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smitha Viswanadhan | Managing Director | 27 Jan 2016 | 10 Years 8 Months | Current |
| Madhavan Viswanadhan | Director | 27 Jan 2016 | 10 Years 8 Months | Current |
| Santhakumari Viswanadhan | Director | 27 Jan 2016 | 10 Years 8 Months | Current |
Auditor
Parvathy Ventures Private Limited is audited by JAYARAJAN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAYARAJAN & ASSOCIATES | FY 2018 | 001303S |
Shareholding
The shareholding of Parvathy Ventures Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parvathy Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2017 | 100087004 | State Bank of Travancore | ₹1.57 Cr | Open | |
| 24 Mar 2017 | 100087007 | State Bank of Travancore | ₹1.5 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Parvathy Ventures Private Limited has 10 court cases on record: 10 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 2 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, TUMAKURU, Karnataka | Civil suit | Filed against the company by Parimala Agro Foods and Feeds Pvt Ltd | Pending |
| District court, Ernakulam, Kerala | Execution petition | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, Erode, Tamil Nadu | Civil suit | Filed against the company by Icici Bank Ltd., Erode Branch, Rep by Its Debt Manager Rep by Its Poongavanam K | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, DAVANGERE, Karnataka | Criminal complaint | Filed against the company by Chinmadhu Agro Sale Pvt, Ltd.,Represented by Its Directors,Sri. Ramprasad Kulkarni | Pending |
To see the full case history of Parvathy 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 Parvathy Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parvathy Ventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parvathy Ventures Private Limited, buy the company report.
Recent activity
Parvathy Ventures Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Madhavan Viswanadhan was appointed as Director on 27 Jan 2016.
Frequently asked questions
Parvathy Ventures is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 27 January 2016 (10+ years old) and is registered under CIN U01403TZ2016PTC022220.
Parvathy Ventures has 3 current directors:
- Smitha Viswanadhan - Managing Director
- Madhavan Viswanadhan - Director
- Santhakumari Viswanadhan - Director
The latest financial statements of Parvathy Ventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from FY 2016 are in the company report.
No. Parvathy Ventures has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Parvathy Ventures is U01403TZ2016PTC022220. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parvathy Ventures has 10 court cases on record: 10 filed against it. 2 are pending. Most are in the district courts.
Parvathy Ventures was incorporated on 27 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Madhavan Viswanadhan was appointed as Director on 27 Jan 2016. Santhakumari Viswanadhan was appointed as Director on 27 Jan 2016. Smitha Viswanadhan was appointed as Managing Director on 27 Jan 2016.
The registered office of Parvathy Ventures is at Srivari Srimath 3rd Floor Door No.1045 Avinashi Road, Coimbatore, Tamil Nadu, India – 641018.
Parvathy Ventures operates in the food and beverages industry, in the food and beverage retail and distribution segment.