Virata Retail Private Limited

Retail company selling clothing, accessories, and footwear made of various fabrics.

2012 | Rangareddy, Telangana (India) | Active
Last Updated: December 26, 2024

Virata Retail Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 12 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 9.23 Cr
  • Revenue Growth -62.64%
  • Profit Growth -129.96%
  • Ebitda -76.39%
  • Net Worth -10.08%
  • Total Assets -10.96%

About Virata Retail

Virata Retail Private Limited (VRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 May 2012 and has a history of 12 years and nine months. Its registered office is in Rangareddy, Telangana, India.

The Company is engaged in the Home & Lifestyle 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company has closed loans amounting to ₹9.23 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Srikanth Bollam and Srilatha Narsin serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    vretailgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52100TG2012PTC080713

  • Company No.

    080713

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 May 2012

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Home & Lifestyle
Consumer Goods

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

Executive Team (1)

NameDesignationAppointment DateStatus
Srikanth Bollam Country flag representing In Managing Director04-May-2012Current

Board Members (1)

NameDesignationAppointment DateStatus
Srilatha Narsin Country flag representing In Director 29-Jul-2014Current

Financial Performance of Virata Retail.

Virata Retail Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 62.64% decrease. The company also saw a substantial fall in profitability, with a 129.96% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.08%.

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
-62.64%
Revenue from Operations
-62.73%
Total Assets
-10.96%
Profit or Loss
-129.96%
Net Worth
-10.08%
EBITDA
-76.39%

What is the Ownership and Shareholding Structure of Virata Retail?

In 2020, Virata Retail 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

₹0

Satisfied Charges

₹9.23 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.90 Cr
  • Hdfc Bank Limited : 0.33 Cr

Latest Charge Details

DateLenderAmountStatus
06 Nov 2021Hdfc Bank Limited₹3.29 MSatisfied
14 Sep 2012State Bank Of India₹8.90 CrSatisfied

How Many Employees Work at Virata Retail?

Unlock and access historical data on people associated with Virata 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 Virata 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 Virata 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 Virata Retail

Recent activity within the organization

  • Annual General Meeting

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

    29 Sep 2023

  • Balance Sheet

    Virata Retail Private 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 06 Nov 2021 via Charge ID 100515837 with Hdfc Bank Limited was fully satisfied on 17 Nov 2022.

    17 Nov 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100515837 was registered on 06 Nov 2021.

    06 Nov 2021

  • Charges

    A charge registered on 14 Sep 2012 via Charge ID 10375849 with State Bank Of India was fully satisfied on 04 Jun 2016.

    04 Jun 2016

  • Director Appointment

    Srilatha Narsin was appointed as a Director was appointed as a Director on 29 Jul 2014 & has been associated with this company since 10 years 6 months .

    29 Jul 2014

Frequently asked questions

  • Virata Retail Private Limited was incorporated on 04 May 2012.

  • The authorized share capital of Virata Retail Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

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

    • Srikanth Bollam
    • Srilatha Narsin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Virata Retail Private Limited is Silpa Summit Plot No.187 188 199 200 3Rd Floor Sy No.50(P) Behind Indusind Bank, Gachibo Wli India, Hyderabad, Telangana, 500032.

  • The corporate identification number (CIN) of Virata Retail Private Limited is U52100TG2012PTC080713 and the company number is 080713 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Virata Retail Private Limited is https://www.vretailgroup.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Virata Retail Private Limited has fallen by -62.64%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Virata Retail Private Limited has experienced an downturn of -10.08%.

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

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