Victory Bazars Private Limited

Retail company offering various products through physical and online channels.

2022 | Godavari, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Victory Bazars Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 44.72 Cr
  • Company Age 2 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 57.00 Cr

About Victory Bazars

Victory Bazars Private Limited (VBPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 May 2022 (Two years and nine months 17 days old ). Its registered office is in Godavari, Andhra Pradesh, India.

The Company is engaged in the Consumer Services 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 45.00 Cr and a paid-up capital of Rs 44.72 Cr.

The company currently has active open charges totaling ₹57.00 Cr.

The Key Managerial Personnel (KMP) at Victory Bazars Private Limited India are Suman Gupta as COMPANY SECRETARY and Jagannadha Vegesna as Ceo. Ramireddy Karri, Reddy Karri, Vishnu Karri, and Six other members serve as directors at the Company.

Company Details

  • Location

    Godavari, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51390AP2022PTC121579

  • Company No.

    121579

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 May 2022

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Consumer Services

Who are the key members and board of directors at Victory Bazars?

Executive Team (3)

NameDesignationAppointment DateStatus
Reddy Karri Country flag representing In Managing Director21-May-2022Current
Suman Gupta Company Secretary01-Jun-2022Current
Jagannadha Vegesna CEO21-May-2022Current

Board Members (7)

NameDesignationAppointment DateStatus
Ramireddy Karri Country flag representing In Director 21-May-2022Current
Vishnu Karri Country flag representing In Director 21-May-2022Current
Naga Tadi Country flag representing In Director 21-May-2022Current
Raja Jagata Country flag representing In Director 21-May-2022Current
Goluguri Reddy Country flag representing In Director 09-May-2022Current
Chinna Tetali Country flag representing In Director 09-May-2022Current

Financial Performance of Victory Bazars.

Victory Bazars Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Victory Bazars?

In 2023, Victory Bazars had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 57.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2024Hdfc Bank Limited₹56.00 CrOpen
16 Jul 2024Hdfc Bank Limited₹10.00 MOpen

How Many Employees Work at Victory Bazars?

Victory Bazars has a workforce of 97 employees as of Apr 07, 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 Victory Bazars, 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 Victory Bazars'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 Victory Bazars

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 56.00 Cr with Charge ID 100993007 was registered on 21 Sep 2024.

    21 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100983214 was registered on 16 Jul 2024.

    16 Jul 2024

  • Annual General Meeting

    Victory Bazars Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Victory Bazars Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Vijayawada.

    31 Mar 2023

  • Director Appointment

    Suman Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2022 & has been associated with this company since 2 years 8 months .

    01 Jun 2022

  • Director Appointment

    Ramireddy Karri was appointed as a Director was appointed as a Director on 21 May 2022 & has been associated with this company since 2 years 9 months .

    21 May 2022

Frequently asked questions

  • Victory Bazars Private Limited was incorporated on 09 May 2022.

  • The authorized share capital of Victory Bazars Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 44.72 Cr.

  • Currently 11 directors are associated with Victory Bazars Private Limited.

    • Ramireddy Karri
    • Reddy Nagasatyanarayana Karri
    • Vishnu Prakash Reddy Karri
    • Suman Gupta
    • Jagannadha Raju Vegesna
    • Naga Mohan Reddy Tadi
    • Raja Gopala Krishna Jagata
    • Jagannadha Raju Vegesna
    • Goluguri Venkata Reddy
    • Chinna Reddy Tetali
    • Rama Raju Vegesina
  • As per Ministry of Corporate Affairs (Mca), the registered address of Victory Bazars Private Limited is 8-452/2 Crc Road, India, Ravulapalem, Andhra Pradesh, 533238.

  • The corporate identification number (CIN) of Victory Bazars Private Limited is U51390AP2022PTC121579 and the company number is 121579 as per Ministry of Corporate Affairs (MCA).

  • As Per 2023 financial reports, 97 employees are currently employed by Victory Bazars Private Limited.

  • As per the financial statements for fiscal Year 2023, The total open charges for Victory Bazars Private Limited amount to ₹ 57.00 Cr.

  • The most recent Balance Sheet for Victory Bazars Private Limited was filed with the ROC on 31 Mar 2023.