S.P Retail Ventures Limited

Manufacturer and distributor of various ready-made garments and textiles made from different fibers.

2021 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

S.P Retail Ventures Profile

Key Indicators

  • Authorised Capital ₹ 7.35 Cr
  • Paid Up Capital ₹ 7.30 Cr
  • Company Age 3 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 45.00 Cr
  • Satisfied Charges ₹ 16.00 Cr
  • Revenue Growth 402.02%
  • Profit Growth -1232.59%
  • Ebitda -10203.68%
  • Net Worth 7377.88%
  • Total Assets 32.44%

About S.P Retail Ventures

S.P Retail Ventures Limited (SRVL) is a Public Limited Indian Non-Government Company incorporated in India on 17 August 2021 (Three years and six months 8 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as S.P Retail Ventures Private Limited. The Company is engaged in the Fashion And Textile 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 7.35 Cr and a paid-up capital of Rs 7.30 Cr.

The company currently has active open charges totaling ₹45.00 Cr. The company has closed loans amounting to ₹16.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Perumal Sundararajan, Sundararajan Latha, Sundararajan Chenduran, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sprvl.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17290TZ2021PLC036832

  • Company No.

    036832

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

Who are the key members and board of directors at S.P Retail Ventures?

Executive Team (1)

NameDesignationAppointment DateStatus
Sundararajan Chenduran Country flag representing In Managing Director17-Aug-2021Current

Board Members (3)

NameDesignationAppointment DateStatus
Perumal Sundararajan Country flag representing In Director 17-Aug-2021Current
Sundararajan Latha Country flag representing In Director 15-Oct-2021Current
Chathamur Rajagopal Country flag representing In Director 17-Aug-2021Current

Financial Performance of S.P Retail Ventures.

S.P Retail Ventures Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 402.02% increase. The company also saw a substantial fall in profitability, with a 1232.59% decrease in profit. The company's net worth Soared by an impressive increase of 7377.88%.

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
402.02%
Revenue from Operations
401.68%
Total Assets
32.44%
Profit or Loss
-1232.59%
Net Worth
7377.88%
EBITDA
-10203.68%

What is the Ownership and Shareholding Structure of S.P Retail Ventures?

In 2022, S.P Retail Ventures had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹45.00 Cr

Satisfied Charges

₹16.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 34.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 6.00 Cr
  • Idbi Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2023Idbi Bank Limited₹5.00 CrOpen
14 Nov 2022Hdfc Bank Limited₹34.00 CrOpen
11 Jan 2022The Hongkong And Shanghai Banking Corporation Limited₹6.00 CrOpen
28 Dec 2021Idbi Bank Limited₹4.00 CrSatisfied
24 Dec 2021State Bank Of India₹12.00 CrSatisfied

How Many Employees Work at S.P Retail Ventures?

S.P Retail Ventures has a workforce of 319 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 S.P 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 S.P Retail 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 S.P Retail Ventures

Recent activity within the organization

  • Annual General Meeting

    S.P Retail Ventures Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 14 Nov 2022 with Charge ID 100647486 was modified on 07 Jun 2024.

    07 Jun 2024

  • Balance Sheet

    S.P Retail Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge registered on 24 Dec 2021 via Charge ID 100519173 with State Bank Of India was fully satisfied on 16 Nov 2023.

    16 Nov 2023

  • Charges

    A charge registered on 28 Dec 2021 via Charge ID 100516989 with Idbi Bank Limited was fully satisfied on 07 Jul 2023.

    07 Jul 2023

  • Charges

    A charge with State Bank Of India of Rs. 12.00 Cr registered on 24 Dec 2021 with Charge ID 100519173 was modified on 28 Feb 2023.

    28 Feb 2023

Frequently asked questions

  • S.P Retail Ventures Limited was incorporated on 17 Aug 2021.

  • The authorized share capital of S.P Retail Ventures Limited is ₹ 7.35 Cr and paid-up capital is ₹ 7.30 Cr.

  • Currently 4 directors are associated with S.P Retail Ventures Limited.

    • Perumal Sundararajan
    • Sundararajan Latha
    • Sundararajan Chenduran
    • Chathamur Raman Rajagopal
  • As per Ministry of Corporate Affairs (Mca), the registered address of S.P Retail Ventures Limited is 39A Extension Street Kaikattipudur, Avinashi India, Tirupur, Tamil Nadu, 641654.

  • The corporate identification number (CIN) of S.P Retail Ventures Limited is U17290TZ2021PLC036832 and the company number is 036832 as per Ministry of Corporate Affairs (MCA).

  • The Official website of S.P Retail Ventures Limited is https://www.sprvl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for S.P Retail Ventures Limited has risen by 402.02%.

  • As Per 2023 financial reports, 319 employees are currently employed by S.P Retail Ventures Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of S.P Retail Ventures Limited has experienced an upsurge of 7377.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for S.P Retail Ventures Limited amount to ₹ 45.00 Cr.

  • The most recent Balance Sheet for S.P Retail Ventures Limited was filed with the ROC on 31 Mar 2024.