V - Retail Limited

Operates 31 branded retail stores selling footwear and textiles in South India.

2009 | Hyderabad, Telangana (India) | Active
Last Updated: July 27, 2024

V - Retail Profile

Key Indicators

  • Authorised Capital ₹ 15.80 Cr
  • Paid Up Capital ₹ 14.00 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 70.07 Cr
  • Revenue Growth 46.24%
  • Profit Growth -44.48%
  • Ebitda 55.13%
  • Net Worth 25.08%
  • Total Assets 30.99%

About V - Retail

V - Retail Limited (VRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 April 2009 and has a history of 15 years and nine months. Its registered office is in Hyderabad, Telangana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 15.80 Cr and a paid-up capital of Rs 14.00 Cr.

The company has closed loans amounting to ₹70.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at V - Retail Limited India are Lakshmi Ramadasan as COMPANY SECRETARY and Ketan Khodiyar as Cfo. Krishnan Sudarshan, Akhilesh Prasad, Renuka Chandrashekaraiah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fashioncentro.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52300TG2009PLC063445

  • Company No.

    063445

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2009

  • Date of AGM

    18 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Fashion and Textile

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sridhar Bollam Country flag representing In Managing Director24-Apr-2009Current
Lakshmi Ramadasan Company Secretary07-Feb-2024Current
Ketan Khodiyar CFO18-Jan-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Krishnan Sudarshan Country flag representing In Director 18-Jan-2023Current
Akhilesh Prasad Country flag representing In Director 21-Oct-2022Current
Renuka Chandrashekaraiah Country flag representing In Director 26-Jun-2023Current
Nikhil Kavipurapu Country flag representing In Director 18-Apr-2023Current
Balasubrmanian Chandrasekaran Country flag representing In Director 18-Jan-2023Current

Financial Performance of V - Retail.

V - Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.24% increase. The company also saw a substantial fall in profitability, with a 44.48% decrease in profit. The company's net worth Soared by an impressive increase of 25.08%.

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
46.24%
Revenue from Operations
51.66%
Total Assets
30.99%
Profit or Loss
-44.48%
Net Worth
25.08%
EBITDA
55.13%

What is the Ownership and Shareholding Structure of V - Retail?

In 2023, V - Retail had a promoter holding of 85.00% and a public holding of 15.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹70.07 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 27.89 Cr
  • Kotak Mahindra Bank Limited : 10.68 Cr
  • Yes Bank Limited : 10.00 Cr
  • The State Bank Of India : 10.00 Cr
  • Others : 6.50 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2022Hdfc Bank Limited₹4.00 CrSatisfied
24 Dec 2021Hdfc Bank Limited₹6.08 MSatisfied
22 Jun 2019Yes Bank Limited₹10.00 CrSatisfied
27 Nov 2017Others₹2.50 CrSatisfied
19 Jun 2017Hdfc Bank Limited₹23.28 CrSatisfied

How Many Employees Work at V - Retail?

V - Retail has a workforce of 372 employees as of Apr 04, 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 V - 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 V - 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 V - Retail

Recent activity within the organization

  • Director Appointment

    Lakshmi Priya Ramadasan was appointed as a Company Secretary was appointed as a Company Secretary on 07 Feb 2024 & has been associated with this company since 1 year 14 days .

    07 Feb 2024

  • Annual General Meeting

    V - Retail Limited last Annual general meeting of members was held on 18 Sep 2023 as per latest MCA records.

    18 Sep 2023

  • Director Appointment

    Nikhil Chakrapani Suryanarayana Kavipurapu was appointed as a Director was appointed as a Director on 18 Apr 2023 & has been associated with this company since 1 year 10 months .

    18 Apr 2023

  • Balance Sheet

    V - Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 31 Jan 2022 via Charge ID 100538816 with Hdfc Bank Limited was fully satisfied on 23 Feb 2023.

    23 Feb 2023

  • Charges

    A charge registered on 19 Jun 2017 via Charge ID 100113090 with Hdfc Bank Limited was fully satisfied on 03 Feb 2023.

    03 Feb 2023

Frequently asked questions

  • V - Retail Limited was incorporated on 24 Apr 2009.

  • The authorized share capital of V - Retail Limited is ₹ 15.80 Cr and paid-up capital is ₹ 14.00 Cr.

  • Currently 8 directors are associated with V - Retail Limited.

    • Krishnan Sudarshan
    • Akhilesh Prasad
    • Renuka Mukanayakanakote Chandrashekaraiah
    • Sridhar Ganesh Bollam
    • Nikhil Chakrapani Suryanarayana Kavipurapu
    • Balasubrmanian Chandrasekaran
    • Lakshmi Priya Ramadasan
    • Ketan Shivlal Khodiyar
  • As per Ministry of Corporate Affairs (Mca), the registered address of V - Retail Limited is Survey No 50PPlot No187 To 200 Silpa Summit Gachibowli Serilingampall, Y Mandal, Hyderabad, Telangana, India, 500032.

  • The corporate identification number (CIN) of V - Retail Limited is U52300TG2009PLC063445 and the company number is 063445 as per Ministry of Corporate Affairs (MCA).

  • The Official website of V - Retail Limited is https://www.fashioncentro.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for V - Retail Limited has risen by 46.24%.

  • As Per 2023 financial reports, 372 employees are currently employed by V - Retail Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of V - Retail Limited has experienced an upsurge of 25.08%.

  • The most recent Balance Sheet for V - Retail Limited was filed with the ROC on 31 Mar 2023.

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