MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0080285
Tee Ventures (India) Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.23 Cr
▲ 15% YoY
Net loss · FY 2025
₹5.81 Cr
Net margin -473.7%
EBITDA · FY 2025
-₹2.58 Cr
EBITDA margin -210.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹4.99 Cr
Satisfied ₹12.31 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
13
Provident fund records
About Tee Ventures (India) Private Limited
Data last updated:
Tee Ventures (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the sports equipment manufacturing segment of the consumer goods sector. It was incorporated on 29 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2011PTC273236. Its GSTIN is 24AADCT8130G1ZJ (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Tee Ventures (India) Limited. It is led by directors Dhiren Shah Shevantilal and Shreyam Dhiren Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 303 3rd Floor Peninsula Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.23 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹5.81 Cr (net margin -473.7%) and EBITDA of -₹2.58 Cr (EBITDA margin -210.6%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 28% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.99 Cr and satisfied charges of ₹12.31 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2015. Its 4 peer companies in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 4 larger; the largest is Hercules Sport Private Limited with revenue of ₹1.49 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers.
Tee Ventures (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0080285). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website teeventures.com.
Company details
CIN U70200MH2011PTC273236
Registration Number 273236
Incorporation Date 29 March 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0080285
CIN history
Tee Ventures (India) has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70200MH2011PTC273236, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200MH2011PTC273236 | Current |
| U36939TZ2011PLC016911 | Previous |
| U36939MH2011PTC273236 | Previous |
| U36939TZ2011PTC016911 | Previous |
Recognitions & Rankings of Tee Ventures (India)
Contact details
Tee Ventures (India) Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered AddressUnit No.303 3rd Floor Peninsula Business Park Tower – A Ganpatrao Kadam Marg Lower P, Arel, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Goods, Sports Equipment Manufacturing
Comprehensive company report
Tee Ventures (India) 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Tee Ventures (India) is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Tee Ventures (India) Private Limited, buy the company report.
Financials of Tee Ventures (India) Private Limited
FY 2025 filings availableTee Ventures (India) Private Limited reported revenue of ₹1.23 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹1.23 Cr ▲ 15%
Net loss · FY 2025
₹5.81 Cr margin -473.7%
EBITDA · FY 2025
-₹2.58 Cr margin -210.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 48%
5 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 15% growth in the latest year. EBITDA rose 12% 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 2024-25 | 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 | -₹2.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.81 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -210.6% | ||||
| Net Profit Margin | -473.7% | ||||
| 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 Tee Ventures (India) Private Limited, buy the company report.
Board of directors of Tee Ventures (India) Private Limited
Tee Ventures (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiren Shah Shevantilal Also directs: Anchor Pens and Stationery Private Limited, Rigata Tools Private Limited, MRK Healthcare Private Limited and 5 more | Director | 29 Mar 2011 | 15 Years 6 Months | Current |
| Shreyam Dhiren Shah | Director | 04 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Tee Ventures (India) Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hercules Sport Private Limited | ₹1.49 Cr (FY 2017) | -2.0% | Bangalore, Karnataka, India | |||
| Oceanic Fitness Private Limited | ₹1.28 Cr (FY 2025) | -13.0% | Mohali, Punjab, India | |||
| KK Sports Private Limited | ₹1.28 Cr (FY 2025) | 20.0% | Meerut, Uttar Pradesh, India | |||
| Ki Sports Private Limited | ₹1.26 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Tee Ventures (India) Private Limitedthis company | ₹1.23 Cr (FY 2025) | -₹5.81 Cr | -473.7% | 15.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tee Ventures (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.99 Cr
Satisfied charges
₹12.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2022 | 100666650 | Others | ₹4.99 Cr | Open | |
| 28 Oct 2020 | 100380579 | Others | ₹85.5 Lakh | Satisfied | |
| 19 Aug 2016 | 100054032 | Others | ₹11.45 Cr | Satisfied |
To see the full charge records of Tee Ventures (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Tee Ventures (India) Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Dhiren S Shah HUF, 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tee Ventures (India) Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bharuch, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Tee Ventures (India) 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.
Credit ratings & regulatory alerts
Tee Ventures (India) Private Limited was last rated by Icra on 24 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 24 Mar 2021 |
To see the full credit ratings and regulatory alerts of Tee Ventures (India) Private Limited, buy the company report.
MSME payment delays
Tee Ventures (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Watrana Traction Private Limited |
To see the full MSME payment records of Tee Ventures (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Tee Ventures (India) has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT8130G1ZJ | Gujarat | Active | 01 Jul 2017 |
| 33AADCT8130G1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Tee Ventures (India) Private Limited, buy the company report.
Recent activity
Tee Ventures (India) Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Moneshi Shah Sahil ceased to be Director on 30 Nov 2020.
AGM
Tee Ventures (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tee Ventures (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 4.99 Cr with Charge ID 100666650 was registered on 21 Dec 2022.
Charges
A charge registered on 19 Aug 2016 via Charge ID 100054032 with Others was fully satisfied on 31 Oct 2022.
Charges
A charge registered on 28 Oct 2020 via Charge ID 100380579 with Others was fully satisfied on 15 Sep 2022.
Ceased
Moneshi Shah Sahil ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.86 Cr with Charge ID 100380579 was registered on 28 Oct 2020.
Charges
A charge with Others of Rs. 11.45 Cr registered on 19 Aug 2016 with Charge ID 100054032 was modified on 22 Nov 2018.
Ceased
Gopinathan Pillai Krishna Kumar ceased to be Director.
Charges
A charge with Others amounted to Rs. 11.45 Cr with Charge ID 100054032 was registered on 19 Aug 2016.
Ceased
Shreyam Dhiren Shah ceased to be Additional Director.
Ceased
Bharat Jamnadas Dattani ceased to be Director.
4 earlier events are in the company report.
Frequently asked questions
Tee Ventures (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in sports equipment manufacturing, within the consumer goods industry. It was incorporated on 29 March 2011 (15+ years old) and is registered under CIN U70200MH2011PTC273236.
Tee Ventures (India) has 2 current directors:
- Dhiren Shah Shevantilal - Director
- Shreyam Dhiren Shah - Director
The latest financial statements of Tee Ventures (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Tee Ventures (India) is 24AADCT8130G1ZJ, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AADCT8130G1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Tee Ventures (India) is U70200MH2011PTC273236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tee Ventures (India) has 2 court cases on record: 2 filed against it.
Tee Ventures (India) was incorporated on 29 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Tee Ventures (India) has 1 deal on record (1 secondary share transfer); the latest was in March 2015.
The peers of Tee Ventures (India) by revenue are Hercules Sport Private Limited, Oceanic Fitness Private Limited, KK Sports Private Limited, Ki Sports Private Limited, all in the Consumer Products industry (Sports Equipment Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Moneshi Shah Sahil ceased to be Director on 30 Nov 2020. Gopinathan Pillai Krishna Kumar ceased to be Director on 02 May 2017. Shreyam Dhiren Shah ceased to be Additional Director on 25 Sep 2015. Tee Ventures (India) has 7 board changes on record in total.
Yes, Tee Ventures (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0080285).
Tee Ventures (India) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.