Prestige Retail Ventures Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 09-07-2024
- Paid Up Capital ₹ 6.00 Cr
as on 09-07-2024
- Company Age 7 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 2,139.00 Cr
as on 09-07-2024
- Revenue -67.40%
(FY 2022)
- Profit 172.10%
(FY 2022)
- Ebitda -104.23%
(FY 2022)
- Net Worth 343.53%
(FY 2022)
- Total Assets 12.60%
(FY 2022)
About Prestige Retail Ventures
The Company is engaged in the Infrastructure And Utilities 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 10.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company has closed loans amounting to ₹2,139.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Noaman Razack, Irfanrazack, and Rezwan Razack serve as directors at the Company.
- CIN/LLPIN
U45200KA2017PLC104527
- Company No.
104527
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
11 Jul 2017
- Date of AGM
18 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Prestige Retail Ventures?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Noaman Razack  | Director | 11-Jul-2017 | Current |
| Irfanrazack | Director | 11-Jul-2017 | Current |
| Rezwan Razack | Director | 11-Jul-2017 | Current |
Financial Performance and Corporate Structure Insights of Prestige Retail Ventures.
Prestige Retail Ventures Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 67.4% decrease. The company also saw a substantial improvement in profitability, with a 172.1% increase in profit. The company's net worth Soared by an impressive increase of 343.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Prestige Retail Ventures?
In 2021, Prestige Retail Ventures had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prestige Fashions Private LimitedActive 28 years 9 monthsNoaman Razack, Irfanrazack and 1 more are mutual person
K2k Infrastructure India Private LimitedActive 17 years 6 monthsIrfanrazack and Rezwan Razack are mutual person
Prestige Estates Projects LimitedActive 27 years 6 monthsNoaman Razack, Irfanrazack and 1 more are mutual person
- Prestige Builders And Developers Private LimitedActive 17 years 4 months
Noaman Razack, Irfanrazack and 1 more are mutual person
- Prestige Golf Resorts Private LimitedActive 17 years 4 months
Noaman Razack, Irfanrazack and 1 more are mutual person
- Prestige Hospitality Ventures LimitedActive 6 years 11 months
Noaman Razack, Irfanrazack and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Idbi Trusteeship Services Limited Creation Date: 26 Mar 2021 | ₹1,495.00 Cr | Satisfied |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 22 Jul 2019 | ₹317.00 Cr | Satisfied |
Others Creation Date: 17 Jan 2019 | ₹10.00 Cr | Satisfied |
How Many Employees Work at Prestige Retail Ventures?
Prestige Retail Ventures has a workforce of 4 employees as of Apr 07, 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 Prestige Retail 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 Prestige Retail Ventures'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.
