Saravana Selvarathnam Retail Private Limited

Retail company selling textiles, jewelry, utensils, lifestyle products, and FMCG goods.

2005 | Chennai 17, Tamil Nadu (India) | Active
Last Updated: September 27, 2024

Saravana Selvarathnam Retail Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 41.31 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 405.20 Cr
  • Satisfied Charges ₹ 110.60 Cr
  • Revenue Growth 24.47%
  • Profit Growth 101.74%
  • Ebitda 23.17%
  • Net Worth 1.28%
  • Total Assets -0.19%

About Saravana Selvarathnam Retail

Saravana Selvarathnam Retail Private Limited (SSRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 2005 and has a history of 19 years and one month. Its registered office is in Chennai 17, Tamil Nadu, India.

The Company is engaged in the E-Commerce 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 50.00 Cr and a paid-up capital of Rs 41.31 Cr.

The company currently has active open charges totaling ₹405.20 Cr. The company has closed loans amounting to ₹110.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Saravana Selvarathnam Retail Private Limited India is Enkandigai Selvaraj as COMPANY SECRETARY. Selvarathinam Saravana and Shunmuga Priya serve as directors at the Company.

Company Details

  • Location

    Chennai 17, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U52339TN2005PTC058361

  • Company No.

    058361

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

E-Commerce

Who are the key members and board of directors at Saravana Selvarathnam Retail?

Executive Team (2)

Name Designation Appointment Date Status
Selvarathinam Saravana Country flag representing In Managing Director 19-Dec-2005 Current
Enkandigai Selvaraj Company Secretary 06-Mar-2019 Current

Board Members (1)

Name Designation Appointment Date Status
Shunmuga Priya Country flag representing In Director 19-Dec-2005 Current

Financial Performance of Saravana Selvarathnam Retail.

Saravana Selvarathnam Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.47% increase. The company also saw a substantial improvement in profitability, with a 101.74% increase in profit. The company's net worth moved up by a moderate rise of 1.28%.

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
24.47%
Revenue from Operations
24.71%
Total Assets
-0.19%
Profit or Loss
101.74%
Net Worth
1.28%
EBITDA
23.17%

What is the Ownership and Shareholding Structure of Saravana Selvarathnam Retail?

In 2023, Saravana Selvarathnam Retail had a promoter holding of 99.74% and a public holding of 0.26%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹405.20 Cr

Satisfied Charges

₹110.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 220.00 Cr
  • Indian Bank : 181.60 Cr
  • Hdfc Bank Limited : 3.60 Cr

Latest Charge Details

Date Lender Amount Status
13 Dec 2023 Hdfc Bank Limited ₹1.78 Cr Open
27 Sep 2023 Hdfc Bank Limited ₹1.82 Cr Open
24 Jun 2021 State Bank Of India ₹220.00 Cr Open
23 Apr 2018 Indian Bank ₹181.60 Cr Open
13 Jul 2009 Idbi Bank Limited ₹30.60 Cr Satisfied

How Many Employees Work at Saravana Selvarathnam Retail?

Saravana Selvarathnam Retail has a workforce of 405 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Saravana Selvarathnam 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 Saravana Selvarathnam Retail'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 Saravana Selvarathnam Retail

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.78 Cr with Charge ID 100900287 was registered on 13 Dec 2023.

    13 Dec 2023

  • Annual General Meeting

    Saravana Selvarathnam Retail Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.82 Cr with Charge ID 100817227 was registered on 27 Sep 2023.

    27 Sep 2023

  • Balance Sheet

    Saravana Selvarathnam Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Indian Bank of Rs. 181.60 Cr registered on 23 Apr 2018 with Charge ID 100175574 was modified on 15 Jun 2022.

    15 Jun 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 220.00 Cr with Charge ID 100467028 was registered on 24 Jun 2021.

    24 Jun 2021

Frequently asked questions

  • Saravana Selvarathnam Retail Private Limited was incorporated on 19 Dec 2005.

  • The authorized share capital of Saravana Selvarathnam Retail Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 41.31 Cr.

  • Currently 3 directors are associated with Saravana Selvarathnam Retail Private Limited.

    • Selvarathinam Saravana
    • Shunmuga Priya
    • Enkandigai Sreenivasan Selvaraj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Saravana Selvarathnam Retail Private Limited is No14 Ranganathan Streett Nagar Chennai 17, Tamil Nadu, India, 600017.

  • The corporate identification number (CIN) of Saravana Selvarathnam Retail Private Limited is U52339TN2005PTC058361 and the company number is 058361 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Saravana Selvarathnam Retail Private Limited is https://www.saravanaonline.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Saravana Selvarathnam Retail Private Limited has risen by 24.47%.

  • As Per 2023 financial reports, 405 employees are currently employed by Saravana Selvarathnam Retail Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Saravana Selvarathnam Retail Private Limited has experienced an upsurge of 1.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Saravana Selvarathnam Retail Private Limited amount to ₹ 405.20 Cr.

  • The most recent Balance Sheet for Saravana Selvarathnam Retail Private Limited was filed with the ROC on 31 Mar 2023.

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