Prestige Retail Ventures Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 7 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2,139.00 Cr
- Revenue Growth 1329.52%
- Profit Growth 243.08%
- Ebitda 1152.92%
- Net Worth 60.72%
- Total Assets 44.58%
About Prestige Retail Ventures
Prestige Retail Ventures Limited (PRVL) is a Public Limited Indian Non-Government Company incorporated in India on 11 July 2017 (Seven years and six months 23 days old ). Its registered office is in Bangaluru, Karnataka, India.
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 2024. 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.
Rezwan Razack, Irfanrazack, and Noaman Razack serve as directors at the Company.
Company Details
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Location
Bangaluru, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U45200KA2017PLC104527
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Company No.
104527
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
11 Jul 2017
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Prestige Retail Ventures?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rezwan Razack
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Director | 11-Jul-2017 | Current |
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Irfanrazack
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Director | 11-Jul-2017 | Current |
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Noaman Razack
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Director | 11-Jul-2017 | Current |
Financial Performance of Prestige Retail Ventures.
Prestige Retail Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 1329.52% increase. The company also saw a substantial improvement in profitability, with a 243.08% increase in profit. The company's net worth Soared by an impressive increase of 60.72%.
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What is the Ownership and Shareholding Structure of Prestige Retail Ventures?
In 2023, Prestige Retail 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.
Related Corporates (Common Directorship)
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Prestige Fashions Private LimitedRezwan Razack, Irfanrazack and 1 more are mutual person
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K2k Infrastructure India Private LimitedRezwan Razack and Irfanrazack are mutual person
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Prestige Estates Projects LimitedRezwan Razack, Irfanrazack and 1 more are mutual person
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Prestige Builders And Developers Private Limited
Rezwan Razack, Irfanrazack and 1 more are mutual person
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Prestige Golf Resorts Private Limited
Rezwan Razack, Irfanrazack and 1 more are mutual person
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Prestige Hospitality Ventures Limited
Rezwan Razack, Irfanrazack and 1 more are mutual person
Charges (Loans)
₹0
₹2,139.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 1495.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 634.00 Cr
- Others : 10.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2021 | Idbi Trusteeship Services Limited | ₹1,495.00 Cr | Satisfied |
| 22 Jul 2019 | The Hongkong And Shanghai Banking Corporation Limited | ₹317.00 Cr | Satisfied |
| 17 Jan 2019 | Others | ₹10.00 Cr | Satisfied |
| 13 Dec 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹317.00 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.
