Heads Up Ventures Limited

Manufactures and promotes fashion apparel and accessories, based in Maharashtra.

2011 | Thane, Maharashtra (India) | Active
Last Updated:

Heads Up Ventures Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 22.08 Cr
  • Company Age 14 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 60.00 Cr
  • Revenue Growth -54.80%
  • Profit Growth -92.21%
  • Ebitda 16.73%
  • Net Worth -16.20%
  • Total Assets -20.22%

About Heads Up Ventures

Heads Up Ventures Limited (HUVL) is a Public Limited Indian Non-Government Company incorporated in India on 12 February 2011 and has a history of 14 years and two months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540210 and on the National Stock Exchange(NSE) under TMRVL.

The Corporate was formerly known as Mandhana Retail Ventures Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 22.08 Cr.

The company has closed loans amounting to ₹60.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Heads Up Ventures Limited India are Dhanashree Salgaonkar as COMPANY SECRETARY and Helly Raval as Cfo. Sudhir Arya, Neeraj Bala, Hansraj Rathor, and Two other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L52390MH2011PLC213349

  • Company No.

    213349

  • Stock Symbol

    BSE : 540210 NSE : TMRVL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Feb 2011

  • Date of AGM

    12 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Fashion and Textile
Company report

Heads Up Ventures Limited

Explore comprehensive data for Heads Up Ventures Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Heads Up Ventures?

Executive Team (3)

NameDesignationAppointment DateStatus
Hansraj Rathor Country flag representing In Managing Director01-Feb-2024Current
Dhanashree Salgaonkar Company Secretary06-Dec-2024Current
Helly Raval CFO06-Dec-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Sheth Bhai Country flag representing In Director 13-Jun-2024Current
Sudhir Arya Country flag representing In Director 27-Mar-2024Current
Neeraj Bala Country flag representing In Director 27-Mar-2024Current
Abhishek Giri Country flag representing In Additional Director 11-Nov-2024Current

Financial Performance of Heads Up Ventures.

Heads Up Ventures Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 54.8% decrease. The company also saw a substantial fall in profitability, with a 92.21% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.2%.

Heads Up Ventures revenue growth over time
Heads Up Ventures profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-54.80%
Revenue from Operations
120.41%
Total Assets
-20.22%
Profit or Loss
-92.21%
Net Worth
-16.20%
EBITDA
16.73%

What is the Ownership and Shareholding Structure of Heads Up Ventures?

In 2022, Heads Up Ventures had a promoter holding of 33.17% and a public holding of 66.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹60.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.00 Cr
  • Hdfc Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jan 2017Hdfc Bank Limited₹10.00 CrSatisfied
26 Sep 2016Axis Bank Limited₹50.00 CrSatisfied

How Many Employees Work at Heads Up Ventures?

Heads Up Ventures has a workforce of 12 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Heads Up Ventures Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Heads Up Ventures, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Heads Up Ventures's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Heads Up Ventures

Recent activity within the organization

  • Director Appointment

    Dhanashree Vaibhav Salgaonkar was appointed as a Company Secretary was appointed as a Company Secretary on 06 Dec 2024 & has been associated with this company since 4 months 7 days .

  • Director Appointment

    Helly Jayeshbhai Raval was appointed as a Cfo was appointed as a Cfo on 06 Dec 2024 & has been associated with this company since 4 months 7 days .

  • Director Appointment

    Abhishek Shivpujan Giri was appointed as a Additional Director was appointed as a Additional Director on 11 Nov 2024 & has been associated with this company since 5 months 1 day .

  • Charges

    A charge registered on 26 Sep 2016 via Charge ID 100080649 with Axis Bank Limited was fully satisfied on 24 Sep 2024.

  • Annual General Meeting

    Heads Up Ventures Limited last Annual general meeting of members was held on 12 Sep 2024 as per latest MCA records.

  • Director Appointment

    Sheth Ronak Pankaj Bhai was appointed as a Director was appointed as a Director on 13 Jun 2024 & has been associated with this company since 9 months 30 days .

Frequently asked questions

  • What is the Incorporation or founding date of Heads Up Ventures Limited?

    Heads Up Ventures Limited was incorporated on 12 Feb 2011.

  • What is authorized share capital and paid-up capital of Heads Up Ventures Limited?

    The authorized share capital of Heads Up Ventures Limited is ₹ 40.00 Cr and paid-up capital is ₹ 22.08 Cr.

  • Who are the current board members & directors of Heads Up Ventures Limited?

    Currently 7 directors are associated with Heads Up Ventures Limited.

    • Sudhir Kumar Arya
    • Neeraj Bala
    • Hansraj Rathor
    • Sheth Ronak Pankaj Bhai
    • Abhishek Shivpujan Giri
    • Dhanashree Vaibhav Salgaonkar
    • Helly Jayeshbhai Raval

  • What is the registered address of Heads Up Ventures Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Heads Up Ventures Limited is Plot No.E -132 M.I.D.C. Tarapur Industrial Area, India, Boisar, Maharashtra, 401506.

  • What is the corporate identification number (CIN) and company number of Heads Up Ventures Limited?

    The corporate identification number (CIN) of Heads Up Ventures Limited is L52390MH2011PLC213349 and the company number is 213349 as per Ministry of Corporate Affairs (MCA).

  • Is Heads Up Ventures Limited registered with any stock exchange in India?

    Yes, Heads Up Ventures Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): TMRVL.

  • What is the official website of Heads Up Ventures Limited?

    The Official website of Heads Up Ventures Limited is https://www.mrvlindia.com

  • What has been the recent revenue trend for Heads Up Ventures Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Heads Up Ventures Limited has fallen by -54.80%.

  • How many employees does Heads Up Ventures Limited currently have?

    As Per 2022 financial reports, 12 employees are currently employed by Heads Up Ventures Limited.

  • What change has been observed in the net worth of Heads Up Ventures Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Heads Up Ventures Limited has experienced an downturn of -16.20%.

  • When was the last Balance Sheet of Heads Up Ventures Limited filed with the ROC?

    The most recent Balance Sheet for Heads Up Ventures Limited was filed with the ROC on 31 Mar 2024.

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