MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0081707
Fi Retail Ventures Private Limited
Fi Retail Ventures Private Limited - fashion and textile in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹1.98 Cr
▼ 30% YoY
Net loss · FY 2020
₹15.8 Lakh
Net margin -8%
EBITDA · FY 2020
₹82.24 Lakh
EBITDA margin 41.6%
Authorised capital
₹1.6 Cr
Registered with MCA
Paid-up capital
₹1.59 Cr
Issued & subscribed
Open charges
₹11.73 Cr
Satisfied ₹2 Cr
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Fi Retail Ventures Private Limited
Data last updated:
Fi Retail Ventures Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18202TN2011PTC080644. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.6 Cr and a paid-up capital of ₹1.59 Cr. It is led by directors Neeta Deepakkumar Bisani and Mankanwar Bisani.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.67 Ranganathan Street T – Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.98 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹15.8 Lakh (net margin -8%) and EBITDA of ₹82.24 Lakh (EBITDA margin 41.6%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years.
As per MCA filings, the company has open charges of ₹11.73 Cr and satisfied charges of ₹2 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Fi Retail Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0081707). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18202TN2011PTC080644
Registration Number 080644
Incorporation Date 16 May 2011
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0081707
Recognitions & Rankings of Fi Retail Ventures
Contact details
Fi Retail Ventures Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.67 Ranganathan Street T – Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Fi Retail Ventures Private Limited, buy the company report.
Comprehensive company report
Fi Retail Ventures 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Fi Retail Ventures 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 Fi Retail Ventures Private Limited, buy the company report.
Financials of Fi Retail Ventures Private Limited
FY 2020 filings availableFi Retail Ventures Private Limited reported revenue of ₹1.98 Cr (down 30% YoY) for FY 2020.
Revenue · FY 2020
₹1.98 Cr ▼ 30%
Net loss · FY 2020
₹15.8 Lakh margin -8%
EBITDA · FY 2020
₹82.24 Lakh margin 41.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 55% over three years, including a 30% fall in the latest year. EBITDA fell 5% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹82.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.8 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.6% | ||||
| Net Profit Margin | -8% | ||||
| 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 Fi Retail Ventures Private Limited, buy the company report.
Board of directors of Fi Retail Ventures Private Limited
Fi Retail Ventures has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeta Deepakkumar Bisani Also directs: Sumero Clothing LLP, Muscke Brands Private Limited | Director | 01 Oct 2020 | 6 Years 0 Months | Current |
| Mankanwar Bisani | Director | 09 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Fi Retail Ventures Private Limited is audited by MANOJ KUMAR D & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ KUMAR D & ASSOCIATES | FY 2020 | 013987S |
Shareholding
The shareholding of Fi Retail Ventures Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fi Retail Ventures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.73 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 May 2017 | 100105180 | Axis Bank Limited | ₹75 Lakh | Open | |
| 11 Jun 2014 | 10508762 | Axis Bank Limited | ₹78 Lakh | Open | |
| 27 Jun 2013 | 10438543 | Axis Bank Limited | ₹10.2 Cr | Open | |
| 27 Jun 2012 | 10369242 | Standard Chartered Bank | ₹1.75 Cr | Satisfied | |
| 25 Jun 2012 | 10369241 | Standard Chartered Bank | ₹25 Lakh | Satisfied |
To see the full charge records of Fi Retail Ventures Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Fi Retail Ventures Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Lifestyle International Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S. Lifestyle International Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by an individual | Disposed |
To see the full case history of Fi Retail Ventures 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 Fi Retail Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fi Retail Ventures has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
Total GSTINs
1
Cancelled / inactive
1
To see the full GST registrations and return filing status of Fi Retail Ventures Private Limited, buy the company report.
Recent activity
Fi Retail Ventures Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Neeta Deepakkumar Bisani was appointed as Director on 01 Oct 2020.
AGM
Fi Retail Ventures Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Appointed
Neeta Deepakkumar Bisani was appointed as Director.
Ceased
Mohanlal Bisani ceased to be Director.
Filing
Fi Retail Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chennai.
Ceased
Neeta Deepakkumar Bisani ceased to be Director.
Appointed
Mankanwar Bisani was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 10.20 Cr registered on 27 Jun 2013 with Charge ID 10438543 was modified on 17 Nov 2017.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100105180 was registered on 11 May 2017.
Charges
A charge with Axis Bank Limited of Rs. 0.78 Cr registered on 11 Jun 2014 with Charge ID 10508762 was modified on 20 Jun 2015.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.78 Cr with Charge ID 10508762 was registered on 11 Jun 2014.
Charges
A charge registered on 27 Jun 2012 via Charge ID 10369242 with Standard Chartered Bank was fully satisfied on 19 Sep 2013.
Charges
A charge registered on 25 Jun 2012 via Charge ID 10369241 with Standard Chartered Bank was fully satisfied on 19 Sep 2013.
5 earlier events are in the company report.
Frequently asked questions
Fi Retail Ventures is an active private limited company based in Chennai, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 16 May 2011 (15+ years old) and is registered under CIN U18202TN2011PTC080644.
Fi Retail Ventures has 2 current directors:
- Neeta Deepakkumar Bisani - Director
- Mankanwar Bisani - Director
The latest financial statements of Fi Retail Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Fi Retail Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Fi Retail Ventures is U18202TN2011PTC080644. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fi Retail Ventures has 5 court cases on record: 5 filed against it. Most are in the district courts.
Fi Retail Ventures was incorporated on 16 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chennai.
Neeta Deepakkumar Bisani was appointed as Director on 01 Oct 2020. Mohanlal Bisani ceased to be Director on 04 Sep 2020. Neeta Deepakkumar Bisani ceased to be Director on 01 Apr 2019. Fi Retail Ventures has 5 board changes on record in total.
Yes, Fi Retail Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0081707).
The registered office of Fi Retail Ventures is at No.67 Ranganathan Street T – Nagar, Chennai, Tamil Nadu, India – 600017.