MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0020242
Asvsp Retail Chain Private Limited - e-commerce in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹4.62 Cr
▲ 59% YoY
Net profit · FY 2021
₹12.06 Lakh
Net margin 2.6%
EBITDA · FY 2021
₹28.48 Lakh
EBITDA margin 6.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
6
Provident fund records
Directors on board
2
As per MCA filings
About Asvsp Retail Chain Private Limited
Data last updated:
Asvsp Retail Chain Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the online grocery platforms segment of the e-commerce sector. It was incorporated on 28 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15549TN2016PTC113532. Its GSTIN is 33AAOCA9449E1ZG (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.01 Cr. It was formerly known as Asvsp Ricemandi Private Limited. It is led by directors Somasundaram Dhanalakshmi and Vijayan Somasundaram.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ground Floor 2/404 Seethakathi Street J.J.Nagar Mugappair East, Chennai, Tamil Nadu, India – 600037.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.62 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹12.06 Lakh (net margin 2.6%) and EBITDA of ₹28.48 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Asvsp Retail Chain Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0020242). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ricemandi.com.
Company details
CIN U15549TN2016PTC113532
Registration Number 113532
Incorporation Date 28 November 2016
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0020242
Recognitions & Rankings of Asvsp Retail Chain
Contact details
Asvsp Retail Chain Private Limited's registered office is in Chennai, Tamil Nadu. Its website is ricemandi.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressGround Floor 2/404 Seethakathi Street J.J.Nagar Mugappair East, Chennai, Tamil Nadu, India – 600037
- IndustryE-Commerce, Online Grocery Platforms
To see the full contact details of Asvsp Retail Chain Private Limited, buy the company report.
Comprehensive company report
Asvsp Retail Chain Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Asvsp Retail Chain is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Asvsp Retail Chain Private Limited, buy the company report.
Financials of Asvsp Retail Chain Private Limited
FY 2021 filings availableAsvsp Retail Chain Private Limited reported revenue of ₹4.62 Cr (up 59% YoY) for FY 2021.
Revenue · FY 2021
₹4.62 Cr ▲ 59%
Net profit · FY 2021
₹12.06 Lakh margin 2.6%
EBITDA · FY 2021
₹28.48 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 59%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 6% over three years, including 59% growth in the latest year. EBITDA rose 49% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹28.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.06 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Asvsp Retail Chain Private Limited, buy the company report.
Board of directors of Asvsp Retail Chain Private Limited
Asvsp Retail Chain has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Somasundaram Dhanalakshmi | Director | 28 Nov 2016 | 9 Years 11 Months | Current |
| Vijayan Somasundaram | Director | 28 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Asvsp Retail Chain Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Grocery), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Og Grocery and Services Private Limited | ₹5.1 Cr (FY 2022) | 4888.0% | Rourkela, Odisha, India | |||
| Asvsp Retail Chain Private Limitedthis company | ₹4.62 Cr (FY 2021) | ₹12.06 Lakh | 2.6% | 59.0% | 6 | Chennai, Tamil Nadu, India |
| Suan Carriers Solutions Private Limited | ₹4.13 Cr (FY 2025) | -32.0% | Cuttack, Odisha, India | |||
| Milkano Agro India Private Limited | ₹4.04 Cr (FY 2024) | 119.0% | New Delhi, Delhi, India | |||
| Ram Esuper Store Private Limited | ₹3.96 Cr (FY 2021) | -30.0% | Sangli, Maharashtra, India |
To see the full peer comparison of Asvsp Retail Chain Private Limited, buy the company report.
Auditor
Asvsp Retail Chain Private Limited is audited by K N R S G & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K N R S G & ASSOCIATES | FY 2020 | 007236S |
Shareholding
The shareholding of Asvsp Retail Chain Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asvsp Retail Chain Private Limited, buy the company report.
Legal cases
Asvsp Retail Chain Private Limited has 4 court cases on record: 3 filed by Asvsp Retail Chain, 1 filed against it. All cases are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Court case (STC/PC) | Filed against the company by an individual | Disposed |
To see the full case history of Asvsp Retail Chain Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asvsp Retail Chain Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asvsp Retail Chain Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
-81.25%
GST
Asvsp Retail Chain has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAOCA9449E1ZG | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asvsp Retail Chain Private Limited, buy the company report.
Recent activity
Asvsp Retail Chain Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Somasundaram Dhanalakshmi was appointed as Director on 28 Nov 2016.
AGM
Asvsp Retail Chain Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Asvsp Retail Chain Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Chennai.
Appointed
Somasundaram Dhanalakshmi was appointed as Director.
Appointed
Vijayan Somasundaram was appointed as Director.
Incorporation
28 Nov 2016
Asvsp Retail Chain Private Limited was registered on 28 Nov 2016 with Roc Chennai & aged 9 years 11 months as per MCA records.
Frequently asked questions
Asvsp Retail Chain is an active private limited company based in Chennai, Tamil Nadu, India. The company works in online grocery platforms, within the e-commerce industry. It was incorporated on 28 November 2016 (10+ years old) and is registered under CIN U15549TN2016PTC113532.
Asvsp Retail Chain has 2 current directors:
- Somasundaram Dhanalakshmi - Director
- Vijayan Somasundaram - Director
The latest financial statements of Asvsp Retail Chain on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Asvsp Retail Chain is 33AAOCA9449E1ZG, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asvsp Retail Chain is U15549TN2016PTC113532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asvsp Retail Chain has 4 court cases on record: 3 filed by the company and 1 filed against it.
Asvsp Retail Chain was incorporated on 28 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Asvsp Retail Chain by revenue are Og Grocery and Services Private Limited, Suan Carriers Solutions Private Limited, Milkano Agro India Private Limited, Ram Esuper Store Private Limited, all in the Ecommerce and Internet industry (Grocery), with the same principal business activity (retail trading).
Somasundaram Dhanalakshmi was appointed as Director on 28 Nov 2016. Vijayan Somasundaram was appointed as Director on 28 Nov 2016.
Yes, Asvsp Retail Chain is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0020242).
Asvsp Retail Chain can be reached through the website ricemandi.com. Its registered office is in Chennai, Tamil Nadu, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages