V2 Retail Profile
Key Indicators
- Authorised Capital ₹ 45.84 Cr
- Paid Up Capital ₹ 34.59 Cr
- Company Age 23 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.57 Cr
- Satisfied Charges ₹ 987.07 Cr
- Revenue Growth 31.05%
- Profit Growth -12.29%
- Ebitda 29.81%
- Net Worth -4.97%
- Total Assets -0.71%
About V2 Retail
V2 Retail Limited (VRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 2001 and has a history of 23 years and six months. Its registered office is in New Delhi, Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532867 and on the National Stock Exchange(NSE) under V2RETAIL.
The Corporate was formerly known as Vishal Retail 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 2023. It's a company limited by shares with an authorized capital of Rs 45.84 Cr and a paid-up capital of Rs 34.59 Cr.
The company currently has active open charges totaling ₹80.57 Cr. The company has closed loans amounting to ₹987.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at V2 Retail Limited India are Manshu Tandon as Ceo, Pratik Adukia as Cfo, and Shivam Aggarwal as Company Secretary. Arun Roopanwal, Ram Agarwal, Uma Agarwal, and Three other members serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
What products or services does V2 Retail Limited offer?
V2 Retail Limited offers a wide range of products and services, including Commercial Vehicles & Three Wheelers, Special Purpose Vehicle.
Who are the key members and board of directors at V2 Retail?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ram Agarwal  | Managing Director | 23-Jul-2001 | Current |
| Manshu Tandon | CEO | 27-Jan-2020 | Current |
| Pratik Adukia | CFO | 10-Feb-2023 | Current |
| Shivam Aggarwal | Company Secretary | 19-Jun-2024 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Roopanwal | Director | 27-Jan-2020 | Current |
| Uma Agarwal | Whole-Time Director | 23-Jul-2001 | Current |
| Akash Agarwal | Whole-Time Director | 29-Sep-2017 | Current |
| Archana Yadav | Director | 27-Jan-2020 | Current |
| Srinivas Mannava | Director | 26-Mar-2023 | Current |
Financial Performance of V2 Retail.
V2 Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.05% increase. The company also saw a substantial fall in profitability, with a 12.29% decrease in profit. The company's net worth dipped by a decrease of 4.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of V2 Retail?
In 2023, V2 Retail had a promoter holding of 53.57% and a public holding of 46.45%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Resonance Specialties LimitedArchana Yadav is a mutual person
J. Kumar Infraprojects LimitedArchana Yadav is a mutual person
V2 Smart Manufacturing Private LimitedRam Agarwal, Akash Agarwal and 1 more are mutual person
- Ricon Commodities Pvt.Ltd.
Ram Agarwal and Uma Agarwal are mutual person
- Vrl Retailer Business Solutions Private Limited
Ram Agarwal is a mutual person
- Vishal Waterworld Private Limited
Ram Agarwal and Uma Agarwal are mutual person
Charges (Loans)
₹80.57 Cr
₹987.07 Cr
Charges Breakdown by Lending Institutions
- Others : 75.00 Cr
- Sidbi : 4.85 Cr
- Axis Bank Limited : 0.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jan 2024 | Sidbi | ₹4.85 Cr | Open |
| 20 Jun 2023 | Axis Bank Limited | ₹7.17 M | Open |
| 02 Aug 2019 | Others | ₹75.00 Cr | Open |
| 07 Mar 2019 | Others | ₹1.45 Cr | Satisfied |
| 22 Oct 2009 | Uco Bank | ₹60.00 Cr | Satisfied |
How Many Employees Work at V2 Retail?
V2 Retail has a workforce of 2742 employees as of Jul 18, 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 V2 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 V2 Retail'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.
