V2 Retail Limited

Retail company with 77 stores across 17 states selling garments, textiles, and accessories.

2001 | South West Delhi, Delhi (India) | Active
Last Updated:

V2 Retail Profile

Key Indicators

  • Authorised Capital ₹ 45.84 Cr
  • Paid Up Capital ₹ 34.59 Cr
  • Company Age 23 Year, 7 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 seven months. Its registered office is in South West 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 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 Shivam Aggarwal as Company Secretary, Pratik Adukia as Cfo, and Manshu Tandon as Ceo. Srinivas Mannava, Archana Yadav, Akash Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    South West Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    v2retail.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74999DL2001PLC147724

  • Company No.

    147724

  • Stock Symbol

    BSE : 532867 NSE : V2RETAIL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 2001

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Fashion and Textile

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)

NameDesignationAppointment DateStatus
Shivam Aggarwal Company Secretary19-Jun-2024Current
Pratik Adukia CFO10-Feb-2023Current
Manshu Tandon Country flag representing In CEO27-Jan-2020Current
Ram Agarwal Country flag representing In Managing Director23-Jul-2001Current

Board Members (5)

NameDesignationAppointment DateStatus
Srinivas Mannava Country flag representing In Director 26-Mar-2023Current
Archana Yadav Country flag representing In Director 27-Jan-2020Current
Akash Agarwal Country flag representing In Whole-Time Director 29-Sep-2017Current
Uma Agarwal Country flag representing In Whole-Time Director 23-Jul-2001Current
Arun Roopanwal Country flag representing In Director 27-Jan-2020Current

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%.

V2 Retail revenue growth over time
V2 Retail 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
31.05%
Revenue from Operations
33.32%
Total Assets
-0.71%
Profit or Loss
-12.29%
Net Worth
-4.97%
EBITDA
29.81%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.57 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
19 Jan 2024Sidbi₹4.85 CrOpen
20 Jun 2023Axis Bank Limited₹7.17 MOpen
02 Aug 2019Others₹75.00 CrOpen
07 Mar 2019Others₹1.45 CrSatisfied
22 Oct 2009Uco Bank₹60.00 CrSatisfied

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.

Employee growth trends for V2 Retail Limited

Deals i

Graph showing company valuation over time

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

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 V2 Retail

Recent activity within the organization

  • Director Appointment

    Shivam Aggarwal was appointed as a Company Secretary was appointed as a Company Secretary on 19 Jun 2024 & has been associated with this company since 8 months 12 days .

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 02 Aug 2019 with Charge ID 100283707 was modified on 30 Jan 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 4.85 Cr with Charge ID 100855053 was registered on 19 Jan 2024.

  • Annual General Meeting

    V2 Retail Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.72 Cr with Charge ID 100737558 was registered on 20 Jun 2023.

  • Charges

    A charge registered on 07 Mar 2019 via Charge ID 100261950 with Others was fully satisfied on 17 May 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of V2 Retail Limited?

    V2 Retail Limited was incorporated on 23 Jul 2001.

  • What is authorized share capital and paid-up capital of V2 Retail Limited?

    The authorized share capital of V2 Retail Limited is ₹ 45.84 Cr and paid-up capital is ₹ 34.59 Cr.

  • Who are the current board members & directors of V2 Retail Limited?

    Currently 9 directors are associated with V2 Retail Limited.

    • Shivam Aggarwal
    • Pratik Adukia
    • Manshu Tandon
    • Srinivas Anand Mannava
    • Archana Surendra Yadav
    • Akash Agarwal
    • Uma Agarwal
    • Ram Chandra Agarwal
    • Arun Kumar Roopanwal

  • What is the registered address of V2 Retail Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of V2 Retail Limited is Khasra No. 928 Extended Lal Dora Abadi Village Kapashera, Tehsil Vasant Vihar India, New Delhi, 110037.

  • What is the corporate identification number (CIN) and company number of V2 Retail Limited?

    The corporate identification number (CIN) of V2 Retail Limited is L74999DL2001PLC147724 and the company number is 147724 as per Ministry of Corporate Affairs (MCA).

  • Is V2 Retail Limited registered with any stock exchange in India?

    Yes, V2 Retail Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): V2RETAIL.

  • What is the official website of V2 Retail Limited?

    The Official website of V2 Retail Limited is https://www.v2retail.com

  • What has been the recent revenue trend for V2 Retail Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for V2 Retail Limited has risen by 31.05%.

  • How many employees does V2 Retail Limited currently have?

    As Per 2023 financial reports, 2742 employees are currently employed by V2 Retail Limited.

  • What change has been observed in the net worth of V2 Retail Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of V2 Retail Limited has experienced an downturn of -4.97%.

  • What are the total open charges for V2 Retail Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for V2 Retail Limited amount to ₹ 80.57 Cr.

  • When was the last Balance Sheet of V2 Retail Limited filed with the ROC?

    The most recent Balance Sheet for V2 Retail Limited was filed with the ROC on 31 Mar 2023.

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