Startup India Government of India
V2 Salon Private Limited
V2 Salon Private Limited - health and wellness services in Hospet, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1 Lakh
Latest filing
Net profit · FY 2023
₹71,187
Net margin 71.2%
EBITDA · FY 2023
-₹25,001
EBITDA margin -25%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About V2 Salon Private Limited
Data last updated:
V2 Salon Private Limited is a private limited company based in Hospet, Karnataka, India, recognised as a startup by DPIIT. It operates in the beauty salons and wellness spas segment of the health and wellness sector. It was incorporated on 19 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93000KA2021PTC147628. Its GSTIN is 29AAICV0748F1Z4 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Nikhil Bhurat (Managing Director) and Rikabchand Raju Bhurat.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No 84 K R Road Ranipet, Hospet, Karnataka, India – 583201.
As per the financials filed for FY 2023, the company reported a revenue of ₹1 Lakh. For the same year it recorded a net profit of ₹71,187 (net margin 71.2%) and EBITDA of -₹25,001 (EBITDA margin -25%).
V2 Salon Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0005268).
Company details
CIN U93000KA2021PTC147628
Registration Number 147628
Incorporation Date 19 May 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 05 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-05-0005268
Key People
Nikhil Bhurat Managing Director Rikabchand Raju Bhurat Director Rahul Raju Bhurat Director Recognitions & Rankings of V2 Salon
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-05-0005268
Contact details
V2 Salon Private Limited's registered office is in Hospet, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No 84 K R Road Ranipet, Hospet, Karnataka, India – 583201
- IndustryHealth and Wellness Services, Beauty Salons & Wellness Spas
To see the full contact details of V2 Salon Private Limited, buy the company report.
Comprehensive company report
V2 Salon 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
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Secure checkout · GST invoice included
Business activity
The main business activity of V2 Salon is personal and household service. In detail, this covers washing and cleaning of textile and fur products, hair dressing and other beauty treatment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Personal and Household service | S3 | Washing and cleaning of textile and fur products, Hair dressing and other beauty treatment |
Financials of V2 Salon Private Limited
FY 2025 filings availableV2 Salon Private Limited reported revenue of ₹1 Lakh for FY 2023.
Revenue · FY 2023
₹1 Lakh
Net profit · FY 2023
₹71,187 margin 71.2%
EBITDA · FY 2023
-₹25,001 margin -25%
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹25,001 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹71,187 | |
| 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -25% | |
| Net Profit Margin | 71.2% | |
| 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 V2 Salon Private Limited, buy the company report.
Board of directors of V2 Salon Private Limited
V2 Salon has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Bhurat | Managing Director | 19 May 2021 | 5 Years 5 Months | Current |
| Rikabchand Raju Bhurat | Director | 19 May 2021 | 5 Years 5 Months | Current |
| Rahul Raju Bhurat | Director | 19 May 2021 | 5 Years 5 Months | Current |
Auditor
V2 Salon Private Limited is audited by S.C. BAGRECHA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.C. BAGRECHA AND CO | FY 2023 | 010997S |
Shareholding
The shareholding of V2 Salon Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of V2 Salon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V2 Salon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V2 Salon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
V2 Salon Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
V2 Salon has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICV0748F1Z4 | Karnataka | Active | 25 Jul 2021 |
To see the full GST registrations and return filing status of V2 Salon Private Limited, buy the company report.
Recent activity
V2 Salon Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Nikhil Bhurat was appointed as Managing Director on 19 May 2021.
AGM
V2 Salon Private Limited last Annual general meeting of members was held on 05 Sep 2025 as per latest MCA records.
Filing
V2 Salon Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Nikhil Bhurat was appointed as Managing Director.
Appointed
Rahul Raju Bhurat was appointed as Director.
Appointed
Rikabchand Raju Bhurat was appointed as Director.
Incorporation
19 May 2021
V2 Salon Private Limited was registered on 19 May 2021 with Roc Bangalore & aged 5 years 5 months as per MCA records.
Frequently asked questions
V2 Salon is an active private limited company based in Hospet, Karnataka, India. The company works in beauty salons and wellness spas, within the health and wellness services industry. It was incorporated on 19 May 2021 (5+ years old) and is registered under CIN U93000KA2021PTC147628.
V2 Salon has 3 current directors:
- Nikhil Bhurat - Managing Director
- Rikabchand Raju Bhurat - Director
- Rahul Raju Bhurat - Director
The latest financial statements of V2 Salon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of V2 Salon is 29AAICV0748F1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of V2 Salon is U93000KA2021PTC147628. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V2 Salon was incorporated on 19 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Nikhil Bhurat was appointed as Managing Director on 19 May 2021. Rahul Raju Bhurat was appointed as Director on 19 May 2021. Rikabchand Raju Bhurat was appointed as Director on 19 May 2021.
Yes, V2 Salon is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, V2 Salon is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-05-0005268).
The registered office of V2 Salon is at D.No 84 K R Road Ranipet, Hospet, Karnataka, India – 583201.