MSME (Udyam registered) Ministry of MSME
- Category
- Small (2021-22)
- Udyam number
- UDYAM-OD-19-0002817
Saraswati Multiventures Limited
Saraswati Multiventures Limited - food and beverages in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.37 Cr
▼ 38% YoY
Net profit · FY 2024
₹1.31 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹39.08 Lakh
EBITDA margin 3.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹8.3 Cr
Satisfied ₹1.35 Cr
Company age
24 yrs
Est. 2002
Directors on board
5
As per MCA filings
About Saraswati Multiventures Limited
Data last updated:
Saraswati Multiventures Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 07 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74300OR2002PLC006941. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Srm Advertising and Marketing Limited. It is led by directors including Gita Priyadarshini and Brundaban Srichandan.
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. 58 Second Floor Bapuji Nagar, Bhubaneswar, Odisha, India – 751009.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.37 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Lakh (net margin 0.1%) and EBITDA of ₹39.08 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹8.3 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 33 cases involving the company, including 21 filed by the company and 12 filed against it; 7 cases are pending.
Saraswati Multiventures Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0002817). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74300OR2002PLC006941
Registration Number 006941
Incorporation Date 07 October 2002
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 Small
Udyam Registration UDYAM-OD-19-0002817
Name history
Saraswati Multiventures has undergone 2 name changes throughout its history. The company was previously known as Srm Advertising And Marketing Limited, and Saraswati Multiventures Limited. The current legal name is Saraswati Multiventures Limited.
| Company Name | Status |
|---|---|
| Saraswati Multiventures Limited | Current |
| Srm Advertising And Marketing Limited | Previous |
Key People
Manoj Chhabra Additional Director Ashok Kumar Gaur Additional Director Gita Priyadarshini Director Recognitions & Rankings of Saraswati Multiventures
Contact details
Saraswati Multiventures Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 58 Second Floor Bapuji Nagar, Bhubaneswar, Odisha, India – 751009
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Saraswati Multiventures Limited, buy the company report.
Comprehensive company report
Saraswati Multiventures 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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Business activity
The main business activity of Saraswati Multiventures is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saraswati Multiventures Limited, buy the company report.
Financials of Saraswati Multiventures Limited
FY 2024 filings availableSaraswati Multiventures Limited reported revenue of ₹12.37 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹12.37 Cr ▼ 38%
Net profit · FY 2024
₹1.31 Lakh margin 0.1%
EBITDA · FY 2024
₹39.08 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 49%
3 years · compounded
▼ 20%
5 years · compounded
▼ 28%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 49% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹39.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.31 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Saraswati Multiventures Limited, buy the company report.
Board of directors of Saraswati Multiventures Limited
Saraswati Multiventures has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Chhabra | Additional Director | 29 Jul 2023 | 3 Years 2 Months | Current |
| Ashok Kumar Gaur | Additional Director | 29 Jul 2023 | 3 Years 2 Months | Current |
| Gita Priyadarshini Also directs: Agrani Buildcon Private Limited, Assurance Resources Limited | Director | 30 Dec 2015 | 10 Years 9 Months | Current |
| Brundaban Srichandan | Director | 17 Nov 2017 | 8 Years 11 Months | Current |
| Himansu Sekhar Routray | Additional Director | 15 Oct 2018 | 8 Years 0 Months | Current |
Auditor
Saraswati Multiventures Limited is audited by PANIGRAHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PANIGRAHI & CO. | FY 2023 | 322420E |
Shareholding
The shareholding of Saraswati Multiventures 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 category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saraswati Multiventures Limited, buy the company report.
Charges & borrowings
Open charges
₹8.3 Cr
Satisfied charges
₹1.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2017 | 100157229 | Others | ₹1.83 Cr | Open | |
| 15 Dec 2017 | 100157233 | Others | ₹1.83 Cr | Open | |
| 20 Oct 2017 | 100159472 | Hdfc Bank Limited | ₹4.63 Cr | Open | |
| 04 Mar 2016 | 100019569 | Others | ₹1.15 Cr | Satisfied | |
| 21 Jun 2005 | 80068227 | Uco Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Saraswati Multiventures Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Saraswati Multiventures Limited has 33 court cases on record: 21 filed by Saraswati Multiventures, 12 filed against it. 7 cases are pending and 26 are disposed.
Total cases
33
Filed by the company
21
Filed against the company
12
Pending
7
Disposed
26
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 22 | 2 | 1 |
| District courts | 11 | 10 | 6 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by HDFC Bank | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against HDFC Bank Ltd. and 2 others | Disposed |
| High Court, ORISSA | Writ petition | Filed by the company against Srei Equipment Finance Ltd and 2 others | Disposed |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed against the company by Reliance Industries Ltd. | Disposed |
| District court, East, Delhi | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Saraswati Multiventures 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 Saraswati Multiventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saraswati Multiventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Saraswati Multiventures Limited, buy the company report.
Recent activity
Saraswati Multiventures Limited has 15 board changes on record since 2013: 5 appointments and 10 cessations. The latest: Ashok Kumar Gaur was appointed as Additional Director on 29 Jul 2023.
Charges
A charge registered on 04 Mar 2016 via Charge ID 100019569 with Others was fully satisfied on 17 Jan 2025.
AGM
Saraswati Multiventures Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Saraswati Multiventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Appointed
Ashok Kumar Gaur was appointed as Additional Director.
Appointed
Manoj Chhabra was appointed as Additional Director.
Appointed
Himansu Sekhar Routray was appointed as Additional Director.
Ceased
Puspanjali Mishra ceased to be Director.
Ceased
Dipansu Shekhar Mohanty ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 183.42 Lakh with Charge ID 100157229 was registered on 15 Dec 2017.
Charges
A charge with Others amounted to Rs. 183.42 Lakh with Charge ID 100157233 was registered on 15 Dec 2017.
Appointed
Brundaban Srichandan was appointed as Director.
Ceased
Himansu Sekhar Routray ceased to be Director.
14 earlier events are in the company report.
Frequently asked questions
Saraswati Multiventures is an active public limited company based in Bhubaneswar, Odisha, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 07 October 2002 (24+ years old) and is registered under CIN U74300OR2002PLC006941.
Saraswati Multiventures has 5 current directors:
- Manoj Chhabra - Additional Director
- Ashok Kumar Gaur - Additional Director
- Gita Priyadarshini - Director
- Brundaban Srichandan - Director
- Himansu Sekhar Routray - Additional Director
The latest financial statements of Saraswati Multiventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Saraswati Multiventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Saraswati Multiventures is U74300OR2002PLC006941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraswati Multiventures has 33 court cases on record: 21 filed by the company and 12 filed against it. 7 are pending. Most are in the high courts.
Saraswati Multiventures was incorporated on 07 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Cuttack.
Ashok Kumar Gaur was appointed as Additional Director on 29 Jul 2023. Manoj Chhabra was appointed as Additional Director on 29 Jul 2023. Himansu Sekhar Routray was appointed as Additional Director on 15 Oct 2018. Saraswati Multiventures has 15 board changes on record in total.
Yes, Saraswati Multiventures is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0002817).
The registered office of Saraswati Multiventures is at Plot No. 58 Second Floor Bapuji Nagar, Bhubaneswar, Odisha, India – 751009.