Shalak Venture Private Limited
About Shalak Venture Private Limited
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Shalak Venture Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55209KA2018PTC111272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravi Arvind Kumar and Karineravanda Bheemaiah Mamatha.
Its last annual general meeting (AGM) was held on 28 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 39 Ramesh Kumar Road Oil Mill Road Crs Kammanahalli, Bangalore, Karnataka, India – 560033.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.24 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹9.79 Lakh (net margin -7.9%) and EBITDA of ₹2.64 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
As per MCA filings, the company has open charges of ₹1.14 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Shalak Venture Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address39 Ramesh Kumar Road Oil Mill Road Crs Kammanahalli, Bangalore, Karnataka, India – 560033
- IndustryTravel and Hospitality, Restaurants & Dining Services
To see the full contact details of Shalak Venture 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 activities of Shalak Venture are manufacturing and accommodation and food service. In detail, this covers repair & installation of machinery & equipment, motor vehicles and food and beverage services provided by hotels, restaurants, caterers, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Shalak Venture Private Limited, buy the company report.
Financials of Shalak Venture Private Limited
FY 2023 filings availableShalak Venture Private Limited reported revenue of ₹1.24 Cr (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 16% growth in the latest year. EBITDA fell 31% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.64 Lakh | ||||
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| Net Profit (PAT) | -₹9.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | -7.9% | ||||
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To see the full financial statements and ratios of Shalak Venture Private Limited, buy the company report.
Board of directors of Shalak Venture Private Limited
Shalak Venture has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Arvind Kumar Also directs: Jaanvi's Cloud Kitchen LLP, Odd Squad Ventures Private Limited, Twinspark Motors Private Limited and 1 more | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
| Karineravanda Bheemaiah Mamatha | Director | 16 Mar 2018 | 8 Years 7 Months | Current |
Shareholding
The shareholding of Shalak Venture Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Shalak Venture Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2018 | 100197477 | Others | ₹1.14 Cr | Open |
To see the full charge records of Shalak Venture Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shalak Venture Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by M/S.Piramal Finance Ltd | Disposed |
To see the full case history of Shalak Venture 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 Shalak Venture Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shalak Venture has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Shalak Venture Private Limited, buy the company report.
Recent activity
Shalak Venture Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Karineravanda Bheemaiah Mamatha was appointed as Director on 16 Mar 2018.
Frequently asked questions
Shalak Venture is an active private limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U55209KA2018PTC111272.
Shalak Venture has 2 current directors:
- Ravi Arvind Kumar - Director
- Karineravanda Bheemaiah Mamatha - Director
The latest financial statements of Shalak Venture on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 September 2023. Year-wise statements from FY 2018 are in the company report.
No. Shalak Venture has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Shalak Venture is U55209KA2018PTC111272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shalak Venture has 1 court case on record: 1 filed against it.
Shalak Venture was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Karineravanda Bheemaiah Mamatha was appointed as Director on 16 Mar 2018. Ravi Arvind Kumar was appointed as Director on 16 Mar 2018.
The registered office of Shalak Venture is at 39 Ramesh Kumar Road Oil Mill Road Crs Kammanahalli, Bangalore, Karnataka, India – 560033.
Shalak Venture operates in the travel and hospitality industry, in the restaurants and dining services segment.
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