Design 76 Ventures Private Limited

Sells plain fabrics, incorporated in 1971, based in Chennai.

1971 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 03, 2024

Design 76 Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.24 Cr
  • Company Age 53 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.12 M
  • Revenue Growth -14.40%
  • Profit Growth -72.58%
  • Ebitda -122.46%
  • Net Worth 1.36%
  • Total Assets 1.31%

About Design 76 Ventures

Design 76 Ventures Private Limited (D7VPL) was founded in India on 30 October 1971 and has a glorious history of 53 years and three months.Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as M A Sathar Private Limited. The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.24 Cr.

The company currently has active open charges totaling ₹0.12 M.

Surinderkumargupta, Ashish Gupta, and Shagun Gupta serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U22120TN1971PTC006063

  • Company No.

    006063

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Oct 1971

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Design 76 Ventures?

Board Members (3)

Name Designation Appointment Date Status
Ashish Gupta Country flag representing In Director 18-Feb-2015 Current
Surinderkumargupta Country flag representing In Director 01-Sep-1989 Current
Shagun Gupta Country flag representing In Director 01-Sep-1989 Current

Financial Performance of Design 76 Ventures.

Design 76 Ventures Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.4% decrease. The company also saw a substantial fall in profitability, with a 72.58% decrease in profit. The company's net worth moved up by a moderate rise of 1.36%.

Graph illustrating revenue growth over time
Graph showing 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
-14.40%
Revenue from Operations
Total Assets
1.31%
Profit or Loss
-72.58%
Net Worth
1.36%
EBITDA
-122.46%

What is the Ownership and Shareholding Structure of Design 76 Ventures?

In 2023, Design 76 Ventures had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Vijaya Bank Ltd : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
03 May 1972 The Vijaya Bank Ltd ₹0.12 M Open

How Many Employees Work at Design 76 Ventures?

Unlock and access historical data on people associated with Design 76 Ventures, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Design 76 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 Design 76 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 Design 76 Ventures

Recent activity within the organization

  • Annual General Meeting

    Design 76 Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Design 76 Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Ashish Gupta was appointed as a Director was appointed as a Director on 18 Feb 2015 & has been associated with this company since 9 years 11 months .

    18 Feb 2015

  • Director Appointment

    Surinderkumargupta was appointed as a Director was appointed as a Director on 01 Sep 1989 & has been associated with this company since 35 years 5 months .

    01 Sep 1989

  • Director Appointment

    Shagun Gupta was appointed as a Director was appointed as a Director on 01 Sep 1989 & has been associated with this company since 35 years 5 months .

    01 Sep 1989

  • Charges

    A charge with The Vijaya Bank Ltd amounted to Rs. 0.01 Cr with Charge ID 90297266 was registered on 03 May 1972.

    03 May 1972

Frequently asked questions

  • Design 76 Ventures Private Limited was incorporated on 30 Oct 1971.

  • The authorized share capital of Design 76 Ventures Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.24 Cr.

  • Currently 3 directors are associated with Design 76 Ventures Private Limited.

    • Surinderkumargupta
    • Ashish Gupta
    • Shagun Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Design 76 Ventures Private Limited is No.16 Crescent Street A B M Avenue R A Puram, Chennai, Tamil Nadu, India, 600028.

  • The corporate identification number (CIN) of Design 76 Ventures Private Limited is U22120TN1971PTC006063 and the company number is 006063 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Design 76 Ventures Private Limited has fallen by -14.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Design 76 Ventures Private Limited has experienced an upsurge of 1.36%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Design 76 Ventures Private Limited amount to ₹ 0.12 M.

  • The most recent Balance Sheet for Design 76 Ventures Private Limited was filed with the ROC on 31 Mar 2023.