MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0020754
Riva Elegance Private Limited
Riva Elegance Private Limited - fashion and textile in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.63 Cr
▼ 19% YoY
Net profit · FY 2024
₹2.16 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹47.17 Lakh
EBITDA margin 13%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹80 Lakh
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Riva Elegance Private Limited
Data last updated:
Riva Elegance Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 24 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52100OR2020PTC034891. Its GSTIN is 21AAKCR6214J1ZG (Odisha).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Doctorbhabani Sankar Pati (Managing Director) and Prashant Kumar Kundu.
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 Flat No 1104 10th Floor Dn Oxypark Dumduma Khandagiri, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.63 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹2.16 Lakh (net margin 0.6%) and EBITDA of ₹47.17 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 168% over three years.
As per MCA filings, the company has open charges of ₹80 Lakh on record.
Riva Elegance Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0020754). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Riva Elegance Private Limited
CIN U52100OR2020PTC034891
Registration Number 034891
Incorporation Date 24 November 2020
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0020754
Recognitions & Rankings of Riva Elegance
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressFlat No 1104 10th Floor Dn Oxypark Dumduma Khandagiri, Bhubaneswar, Odisha, India – 751019
- IndustryFashion and Textile, Fashion Retail
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Business Activity of Riva Elegance Private Limited
The main business activity of Riva Elegance is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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- Filing-level activity changes
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Financials of Riva Elegance Private Limited FY 2024 filings available
Riva Elegance Private Limited reported revenue of ₹3.63 Cr (down 19% YoY) for FY 2024.
Revenue · FY 2024
₹3.63 Cr ▼ 19%
Net profit · FY 2024
₹2.16 Lakh margin 0.6%
EBITDA · FY 2024
₹47.17 Lakh margin 13%
Compounded Annual Growth Rate (CAGR) of Riva Elegance Private Limited
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▲ 168%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 143%
Revenue fell 19% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 168%. EBITDA fell 4% 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 Riva Elegance Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹47.17 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.16 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 of Riva Elegance Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13% | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• |
| 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 Riva Elegance are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Riva Elegance Private Limited
Riva Elegance has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Kumar Kundu | Director | 24 Nov 2020 | 5 Years 10 Months | Current |
| Doctorbhabani Sankar Pati Also directs: Odivissa Health Research Private Limited | Managing Director | 24 Nov 2020 | 5 Years 10 Months | Current |
Peer Comparison of Riva Elegance Private Limited
Riva Elegance Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Health and Beauty Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Muller and Phipps (India) Limited Listed | ₹3.67 Cr (FY 2022) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Pinqstory Private Limited | ₹3.66 Cr (FY 2024) | •••• | •••• | 200.0% | •••• | New Delhi, Delhi, India |
| Safely Yours Private Limited | ₹3.66 Cr (FY 2025) | •••• | •••• | 240.0% | •••• | Greator Noida West, Uttar Pradesh, India |
| A.N.G Merchandise Private Limited | ₹3.65 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | New Delhi, Delhi, India |
| Balodia Venture Private Limited | ₹3.63 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Rourkela, Odisha, India |
| Riva Elegance Private Limited this company | ₹3.63 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Bhubaneswar, Odisha, India |
| Vsi Overseas Exim Private Limited | ₹3.63 Cr (FY 2020) | •••• | •••• | -92.0% | •••• | Ludhiana, Punjab, India |
| Sevika Sarees Private Limited | ₹3.63 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Varanasi, Uttar Pradesh, India |
| Amounee Handloom Ventures Private Limited | ₹3.62 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Ahmedabad, Gujarat, India |
| Sandeep Fashions Private Limited | ₹3.61 Cr (FY 2023) | •••• | •••• | 130.0% | •••• | Kolkata, West Bengal, India |
| BCS Textiles Private Limited | ₹3.6 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Riva Elegance by revenue in the Apparel industry (Apparel Retail and Distribution, Health and Beauty Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Riva Elegance Private Limited
Riva Elegance Private Limited is audited by DVR MURTY AND CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DVR MURTY AND CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Riva Elegance Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Riva Elegance Private Limited
Open charges
₹80 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2022 | State Bank of India | ₹80 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Riva Elegance Private Limited
Riva Elegance Private Limited has a workforce of 0 employees as of Mar 26, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Riva Elegance Private Limited
Riva Elegance Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Doctorbhabani Sankar Pati was appointed as Managing Director on 24 Nov 2020.
AGM
Riva Elegance Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Riva Elegance Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Charges
A charge with State Bank Of India of Rs. 80.00 Lakh registered on 21 Jan 2022 with Charge ID 100533649 was modified on 21 Feb 2023.
Charges
A charge with State Bank Of India amounted to Rs. 80.00 Lakh with Charge ID 100533649 was registered on 21 Jan 2022.
Appointed
Doctorbhabani Sankar Pati was appointed as Managing Director.
Appointed
Prashant Kumar Kundu was appointed as Director.
Incorporation
24 Nov 2020
Riva Elegance Private Limited was registered on 24 Nov 2020 with Roc Cuttack & aged 5 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Riva Elegance Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Riva Elegance Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Riva Elegance Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Riva Elegance Private Limited
Riva Elegance has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCR6214J1ZG | Odisha | Active | 25 Dec 2020 |
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MCA Filings & Documents of Riva Elegance Private Limited
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Frequently Asked Questions about Riva Elegance Private Limited
Riva Elegance is an active private limited company based in Bhubaneswar, Odisha, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 24 November 2020 (6+ years old) and is registered under CIN U52100OR2020PTC034891.
Riva Elegance reported revenue of ₹3.63 Cr for FY 2024 (down 19% YoY).
Riva Elegance has 2 current directors:
- Doctorbhabani Sankar Pati - Managing Director
- Prashant Kumar Kundu - Director
Riva Elegance reported a net profit of ₹2.16 Lakh (net margin 0.6%) and EBITDA of ₹47.17 Lakh (EBITDA margin 13%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Riva Elegance is 168% over three years. In the latest year (FY 2024) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Riva Elegance is 21AAKCR6214J1ZG, registered in Odisha.
The CIN (Corporate Identification Number) of Riva Elegance is U52100OR2020PTC034891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riva Elegance was incorporated on 24 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Riva Elegance by revenue are Muller and Phipps (India) Limited, Pinqstory Private Limited, Safely Yours Private Limited, A.N.G Merchandise Private Limited, Balodia Venture Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Health and Beauty Retail and Distribution).
Doctorbhabani Sankar Pati was appointed as Managing Director on 24 Nov 2020. Prashant Kumar Kundu was appointed as Director on 24 Nov 2020.
Yes, Riva Elegance is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0020754).