Standard Retail Private Limited

Trading company specializing in steel products under various brands, part of Standard Group.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: December 06, 2024

Standard Retail Profile

Key Indicators

  • Authorised Capital ₹ 5.01 Cr
  • Paid Up Capital ₹ 3.82 Cr
  • Company Age 14 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 405.00 Cr
  • Satisfied Charges ₹ 50.00 Cr
  • Revenue Growth 13.44%
  • Profit Growth 58.79%
  • Ebitda 15.58%
  • Net Worth 5.41%
  • Total Assets -4.74%

About Standard Retail

Standard Retail Private Limited (SRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 May 2010 and has a history of 14 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 5.01 Cr and a paid-up capital of Rs 3.82 Cr.

The company currently has active open charges totaling ₹405.00 Cr. The company has closed loans amounting to ₹50.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nikunj Turakhia and Parth Turakhia serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2010PTC202778

  • Company No.

    202778

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Standard Retail Private Limited offer?

Standard Retail Private Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Water Heater Tubes & Accessories, Indoor Lights & Lighting Accessories, Lighting Component.

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

Board Members (2)

Name Designation Appointment Date Status
Nikunj Turakhia Country flag representing In Director 05-May-2010 Current
Parth Turakhia Country flag representing In Director 20-Aug-2014 Current

Financial Performance of Standard Retail.

Standard Retail Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.44% increase. The company also saw a substantial improvement in profitability, with a 58.79% increase in profit. The company's net worth moved up by a moderate rise of 5.41%.

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
13.44%
Revenue from Operations
14.84%
Total Assets
-4.74%
Profit or Loss
58.79%
Net Worth
5.41%
EBITDA
15.58%

What is the Ownership and Shareholding Structure of Standard Retail?

In 2022, Standard Retail had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹405.00 Cr

Satisfied Charges

₹50.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 375.00 Cr
  • Bank Of India : 30.00 Cr

Latest Charge Details

Date Lender Amount Status
06 Aug 2014 Bank Of India ₹30.00 Cr Open
08 May 2014 Sbicap Trustee Company Limited ₹375.00 Cr Open
23 Jan 2020 Yes Bank Limited ₹25.00 Cr Satisfied
05 Jun 2019 Yes Bank Limited ₹25.00 Cr Satisfied

How Many Employees Work at Standard Retail?

Unlock and access historical data on people associated with Standard Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Standard 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 Standard 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 Standard Retail

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Standard Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 375.00 Cr registered on 08 May 2014 with Charge ID 10501631 was modified on 06 Nov 2020.

    06 Nov 2020

  • Charges

    A charge registered on 23 Jan 2020 via Charge ID 100322455 with Yes Bank Limited was fully satisfied on 30 Sep 2020.

    30 Sep 2020

  • Charges

    A charge registered on 05 Jun 2019 via Charge ID 100272055 with Yes Bank Limited was fully satisfied on 30 Sep 2020.

    30 Sep 2020

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100322455 was registered on 23 Jan 2020.

    23 Jan 2020

Frequently asked questions

  • Standard Retail Private Limited was incorporated on 05 May 2010.

  • The authorized share capital of Standard Retail Private Limited is ₹ 5.01 Cr and paid-up capital is ₹ 3.82 Cr.

  • Currently 2 directors are associated with Standard Retail Private Limited.

    • Nikunj Mansukhlal Turakhia
    • Parth Nikunj Turakhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Standard Retail Private Limited is A-1302 Floor-13 A Wing Naman Midtown Elphinstone Road Prabhadevi, India, Mumbai, Maharashtra, 400013.

  • The corporate identification number (CIN) of Standard Retail Private Limited is U51101MH2010PTC202778 and the company number is 202778 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Standard Retail Private Limited is https://www.standardgroupindia.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Standard Retail Private Limited has risen by 13.44%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Standard Retail Private Limited has experienced an upsurge of 5.41%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Standard Retail Private Limited amount to ₹ 405.00 Cr.

  • The most recent Balance Sheet for Standard Retail Private Limited was filed with the ROC on 31 Mar 2024.

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