About
Basic Data Updated:
20 days agoIncorporated in 2005, Infiniti Retail Limited, previously known as Value Electronics Limited, is the proud operator of a national chain of multi-brand electronics stores, known as ‘Croma’. The brand offers a wide range of products, including air conditioners, refrigerators, washing machines, notebooks and computers, home entertainment systems, microwaves, kitchen appliances, communication devices and camcorders. Among its kitchen appliances are food processors, microwaves ovens, OTG products, toasters and sandwich makers, steamers and cookers. According to a credit rating report, IRL currently operates 110 Croma retail outlets across India, providing customers with easy access to their desired products. In addition to physical stores, the company also offers the convenience of online sho... Read More
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
| CIN/LLPIN/FCRN | U31900MH2005PLC158120 |
| Company No. | 158120 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 16 Dec 2005 |
| Date of AGM | 11 May 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Unlisted |
| ROC Code | Roc Mumbai |
Products or Services related to Infiniti Retail Limited
Kenstar Air Cooler
Portable Air Cooler
Water Preheaters
Borosilicate Glass Bowl
Financials of Infiniti Retail Limited
Infiniti Retail Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.09% increase. The company also saw a substantial fall in profitability, with a 114.86% decrease in profit. The company's net worth Soared by an impressive increase of 351.8%.
Enhance accessibility to Infiniti Retail's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Infiniti Retail's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Infiniti Retail Limited
Unlock and access historical data on people associated with Infiniti Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (3)
AM
Avijit Mitra
Managing DirectorAppointment Date: 01-Apr-2018
Status: Current
PD
Pramod Dangaich CFOAppointment Date: 01-Sep-2017
Status: Current
SM
Sheetal Merai Company SecretaryAppointment Date: 24-Aug-2023
Status: Current
Board Members(7)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 08 Oct 2007 | ₹60.00 Cr | Open |
The Hongkong And Shanghai Banking Corporation Limited Creation Date: 02 Jul 2007 | ₹50.00 Cr | Open |
Idbi Trusteeship Services Limited Creation Date: 18 Dec 2015 | ₹150.00 Cr | Satisfied |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Infiniti 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 Infiniti Retail's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
Retailers Association'S Skill Council Of India
Active
12 years 6 months Avijit Mitra is a mutual person
Tata Business Hub Limited
Active 3 years 6 months Modan Saha and Aarthi Subramanian are mutual person
Recent activity within the organization
Annual General Meeting
Infiniti Retail Limited last Annual general meeting of members was held on 11 May 2023 as per latest MCA records.
11 May 2023Director Appointment
Ankur Verma was appointed as a Additional Director was appointed as a Additional Director on 09 May 2023 & has been associated with this company since 1 year 1 day .
09 May 2023Balance Sheet
Infiniti Retail Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
31 Mar 2023Director Appointment
Lakshmanan Krishna Kumar was appointed as a Director was appointed as a Director on 30 Jan 2021 & has been associated with this company since 3 years 3 months .
30 Jan 2021Director Appointment
Aarthi Subramanian was appointed as a Director was appointed as a Director on 06 Jun 2020 & has been associated with this company since 3 years 11 months .
06 Jun 2020
Recent News, Updates & Announcement
Nothing Announces Partnership With Croma In A Bid To Expand Its Offline Presence In India.Gizmochina 19 Oct 2023
- FedEx is expanding its British fleet with electric delivery vans.
Gospodarka 30 Sep 2023
- Sangamo gains on option and license agreement with Chroma.
Seeking Alpha 21 Jul 2023
- Croma Opens New Store in Perinthalmanna.
Newsexperts 15 Jun 2023
- Crayons Advertising IPO to open on May 22 sets price band at Rs 6265 per share.
Journeyline 18 May 2023
Frequently asked questions
What is the Incorporation or founding date of Infiniti Retail Limited?
