About Venta Realtech Private Limited
Data last updated:
Venta Realtech Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 June 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2010PTC203693. Its GSTIN is 07AAECK2047G2ZQ (Delhi). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.89 Cr. It was formerly known as Krrish Realtynirman Private Limited. It was led by directors Satish Kumar Seth and Rajiv Narda.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Unit No. 201/202 Plot No. 8 Elegance Tower Jasola, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2019, the company reported a revenue of ₹94.83 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹31.09 Lakh (net margin -32.8%) and EBITDA of -₹14.12 Lakh (EBITDA margin -14.9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years.
The company had about 9 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹2.5 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 2 cases are pending.
The last known website on record is thekrrishgroup.com.
Company details
Contact details
Venta Realtech Private Limited's registered office is in New Delhi, Delhi. Its website is thekrrishgroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No. 201/202 Plot No. 8 Elegance Tower Jasola, New Delhi, Delhi, India – 110025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Venta Realtech Private Limited, buy the company report.
- 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
Business activity
The main business activity of Venta Realtech is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Venta Realtech Private Limited
FY 2019 filings availableVenta Realtech Private Limited reported revenue of ₹94.83 Lakh (down 21% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 31%. EBITDA rose 99% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹94.83 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.09 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.9% | ||||
| Net Profit Margin | -32.8% | ||||
| 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 Venta Realtech Private Limited, buy the company report.
Board of directors of Venta Realtech Private Limited
Venta Realtech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Kumar Seth Also directs: Vicinity Hotels Private Limited, Krrish Realtech Private Limited | Director | 22 May 2012 | 14 Years 5 Months | As last reported |
| Rajiv Narda Also directs: Arnav Buildwell Private Limited, Galaxy Realbuild Private Limited, Heaven Tradelink Pvt Ltd and 5 more | Director | 05 Sep 2017 | 9 Years 2 Months | As last reported |
Auditor
Venta Realtech Private Limited is audited by A K N R & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K N R & CO | FY 2017 | 023076C |
Shareholding
The shareholding of Venta Realtech Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Venta Realtech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2017 | 100140652 | Others | ₹2.5 Cr | Satisfied |
To see the full charge records of Venta Realtech Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Venta Realtech Private Limited has 11 court cases on record: 4 filed by Venta Realtech, 7 filed against it. 2 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 2 | 1 | 0 |
| NCLAT | 2 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Global Credit Capital Ltd. | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against Global Credit Capital Ltd. Through Its Authorised Signatory R-5, Green Park Market, New Delhi ,New Delhi , Delhi | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against M/S Anumaya Interiors Pvt Ltd | Disposed |
| District court, Central, Delhi | Criminal case | Filed against the company by Income Tax Office | Pending |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by individuals | Disposed |
To see the full case history of Venta Realtech 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.
Credit ratings & regulatory alerts
Venta Realtech Private Limited was last rated by Care on 20 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 20 Feb 2023 |
To see the full credit ratings and regulatory alerts of Venta Realtech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Venta Realtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Venta Realtech has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECK2047G2ZQ | Delhi | Active | 21 Jul 2020 |
To see the full GST registrations and return filing status of Venta Realtech Private Limited, buy the company report.
Recent activity
Venta Realtech Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Amit Katyal ceased to be Additional Director on 28 Feb 2019.
2 earlier events are in the company report.
Frequently asked questions
Venta Realtech has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Venta Realtech was a private limited company based in New Delhi, Delhi, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 June 2010 and is registered under CIN U45400DL2010PTC203693. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Venta Realtech was incorporated on 05 June 2010. It is registered with the Registrar of Companies, Delhi.
Venta Realtech had 2 directors:
- Satish Kumar Seth - Director
- Rajiv Narda - Director
The CIN (Corporate Identification Number) of Venta Realtech is U45400DL2010PTC203693. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Venta Realtech is at Unit No. 201202 Plot No. 8 Elegance Tower Jasola, New Delhi, Delhi, India – 110025.
Venta Realtech can be reached through the website thekrrishgroup.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Venta Realtech on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Venta Realtech is 07AAECK2047G2ZQ, registered in Delhi. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Venta Realtech operated in the real estate and construction industry, in the real estate builders and developers segment.
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