Infiniti Retail Profile
Key Indicators
- Authorised Capital ₹ 4,000.00 Cr
- Paid Up Capital ₹ 2,790.00 Cr
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 110.00 Cr
- Satisfied Charges ₹ 525.00 Cr
- Revenue Growth 92.09%
- Profit Growth -114.86%
- Ebitda -371.40%
- Net Worth 351.80%
- Total Assets 55.66%
About Infiniti Retail
Infiniti Retail Limited (IRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 December 2005 and has a history of 19 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Value Electronics Limited. The Company is engaged in the Consumer Electronics & Durables 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 4,000.00 Cr and a paid-up capital of Rs 2,790.00 Cr.
The company currently has active open charges totaling ₹110.00 Cr. The company has closed loans amounting to ₹525.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Infiniti Retail Limited India are Avijit Mitra as Ceo, Pramod Dangaich as Cfo, and Sheetal Merai as Company Secretary. Avijit Mitra, Lakshmanan Kumar, Harish Bhat, and Four other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900MH2005PLC158120
- Company No.
158120
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 Dec 2005
- Date of AGM
23 May 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
What products or services does Infiniti Retail Limited offer?
Infiniti Retail Limited offers a wide range of products and services, including Air Coolers, Kenstar Air Cooler, Portable Air Cooler, Heatig, Water Preheaters, Dinnerware Serveware, Borosilicate Glass Bowl, Ho Misce, Extractor Hood, Tyre.
Who are the key members and board of directors at Infiniti Retail?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avijit Mitra  | Managing Director | 01-Apr-2018 | Current |
| Pramod Dangaich | CFO | 01-Sep-2017 | Current |
| Sheetal Merai | Company Secretary | 24-Aug-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naveen Tahilyani | Director | 23-Apr-2024 | Current |
| Harish Bhat | Director | 13-Sep-2013 | Current |
| Ankur Verma | Director | 09-May-2023 | Current |
| Aarthi Subramanian | Director | 06-Jun-2020 | Current |
| Lakshmanan Kumar | Director | 30-Jan-2021 | Current |
Naveen Krishna  | Director | 11-Aug-2020 | Current |
Financial Performance of Infiniti Retail.
Infiniti Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.09% increase. The company also saw a substantial fall in profitability, with a 114.86% decrease in profit. The company's net worth Soared by an impressive increase of 351.8%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Infiniti Retail?
In 2023, Infiniti Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tata Teleservices (Maharashtra) LimitedAnkur Verma is a mutual person
Tata Teleservices LimitedAnkur Verma is a mutual person
Tata Play LimitedAnkur Verma is a mutual person
Tata Consulting Engineers LimitedLakshmanan Kumar is a mutual person
Retailers Association's Skill Council Of IndiaAvijit Mitra is a mutual person
Pfizer LimitedLakshmanan Kumar is a mutual person
Charges (Loans)
Open Charges
₹110.00 Cr
Satisfied Charges
₹525.00 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 60.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2007 | Hdfc Bank Limited | ₹60.00 Cr | Open |
| 02 Jul 2007 | The Hongkong And Shanghai Banking Corporation Limited | ₹50.00 Cr | Open |
| 18 Dec 2015 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Satisfied |
| 21 Oct 2013 | Idbi Trusteeship Services Limited | ₹100.00 Cr | Satisfied |
| 05 Jun 2012 | Idbi Trusteeship Services Limited | ₹150.00 Cr | Satisfied |
How Many Employees Work at Infiniti Retail?
Infiniti Retail has a workforce of 13300 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Infiniti Retail, 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 Infiniti Retail's trajectory.
Rating
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
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 Infiniti Retail
Recent activity within the organization
- Annual General Meeting
Infiniti Retail Limited last Annual general meeting of members was held on 23 May 2024 as per latest MCA records.
- Director Appointment
Naveen Dindayal Tahilyani was appointed as a Director was appointed as a Director on 23 Apr 2024 & has been associated with this company since 11 months 4 days .
- Balance Sheet
Infiniti Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ankur Verma was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 1 year 10 months .
- Director Appointment
Lakshmanan Krishna Kumar was appointed as a Director was appointed as a Director on 30 Jan 2021 & has been associated with this company since 4 years 1 month .
- Director Appointment
Aarthi Subramanian was appointed as a Director was appointed as a Director on 06 Jun 2020 & has been associated with this company since 4 years 9 months .
Recent News, Updates & Announcement
- "Croma Store Opens in Prime Market Area of Cuttack, Bringing Tech Heaven to City Residents #Blessed #CromaCuttack".
When you finally get a Croma store in your city and it's conveniently located in the major market area. #Blessed #TechHeaven #CromaCuttack.
Frequently asked questions
What is the Incorporation or founding date of Infiniti Retail Limited?
Infiniti Retail Limited was incorporated on 16 Dec 2005.
What is authorized share capital and paid-up capital of Infiniti Retail Limited?
The authorized share capital of Infiniti Retail Limited is ₹ 4,000.00 Cr and paid-up capital is ₹ 2,790.00 Cr.
Who are the current board members & directors of Infiniti Retail Limited?
Currently 10 directors are associated with Infiniti Retail Limited.
- Avijit Mitra
- Lakshmanan Krishna Kumar
- Harish Ramananda Bhat
- Naveen Dindayal Tahilyani
- Aarthi Subramanian
- Ankur Verma
- Naveen Krishna
- Avijit Mitra
- Pramod Dangaich
- Sheetal Manojkumar Merai
What is the registered address of Infiniti Retail Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Infiniti Retail Limited is Unit No. 701 702 Wing A 7Th Floor Kaledonia Sahar Road, Andheri East India, Mumbai, Maharashtra, 400069.
What is the corporate identification number (CIN) and company number of Infiniti Retail Limited?
The corporate identification number (CIN) of Infiniti Retail Limited is U31900MH2005PLC158120 and the company number is 158120 as per Ministry of Corporate Affairs (MCA).
What is the official website of Infiniti Retail Limited?
The Official website of Infiniti Retail Limited is https://www.croma.com
What has been the recent revenue trend for Infiniti Retail Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Infiniti Retail Limited has risen by 92.09%.
How many employees does Infiniti Retail Limited currently have?
As Per 2023 financial reports, 13300 employees are currently employed by Infiniti Retail Limited.
What change has been observed in the net worth of Infiniti Retail Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Infiniti Retail Limited has experienced an upsurge of 351.80%.
What are the total open charges for Infiniti Retail Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Infiniti Retail Limited amount to ₹ 110.00 Cr.
When was the last Balance Sheet of Infiniti Retail Limited filed with the ROC?
The most recent Balance Sheet for Infiniti Retail Limited was filed with the ROC on 31 Mar 2024.
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