About Palred Retail Private Limited
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Palred Retail Private Limited is a private limited company based in Orvakal, Andhra Pradesh, India, a subsidiary of Palred Technologies Limited. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 17 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC108429. Its GSTIN is 37AAJCP8811G1Z6 (Andhra Pradesh). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹3.63 Cr and a paid-up capital of ₹3.11 Cr. It is led by directors including Ameen Ashik Khwaja (Managing Director) and Pinekalapati Harish Naidu.
Its last annual general meeting (AGM) was held on 09 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No.1240 Nannur, Orvakal, Andhra Pradesh, India – 518002.
As per the financials filed for FY 2025, the company reported a revenue of ₹87,000, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹2.92 Lakh (net margin -335.6%) and EBITDA of -₹2.78 Lakh (EBITDA margin -319.5%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 75% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Latest One and Venetian 3966.
For more details, the company can be reached via its website palredretail.com.
Company details
Contact details
Palred Retail Private Limited's registered office is in Orvakal, Andhra Pradesh. Its website is palredretail.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSurvey No.1240 Nannur, Orvakal, Andhra Pradesh, India – 518002
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Palred Retail 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
Brands
Palred Retail operates two associated brands: Latest One and Venetian 3966. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mobile and fashion accessories are sold through an online platform. | latestone.com | |
| Online gambling and casino services via website in Macao. | palredretail.com |
Business activity
The main business activity of Palred Retail 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 Palred Retail Private Limited, buy the company report.
Financials of Palred Retail Private Limited
FY 2025 filings availablePalred Retail Private Limited reported revenue of ₹87,000 (down 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 75% over five years, including a 68% fall in the latest year. EBITDA rose 68% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.78 Lakh | ||||
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| Net Profit (PAT) | -₹2.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -319.5% | ||||
| Net Profit Margin | -335.6% | ||||
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To see the full financial statements and ratios of Palred Retail Private Limited, buy the company report.
Board of directors of Palred Retail Private Limited
Palred Retail has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ameen Ashik Khwaja | Managing Director | 17 May 2018 | 8 Years 5 Months | Current |
| Pinekalapati Harish Naidu | Director | 17 May 2018 | 8 Years 5 Months | Current |
| Stuthi Reddy | Director | 31 Aug 2020 | 6 Years 1 Months | Current |
Auditor
Palred Retail Private Limited is audited by M S K A & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2022 | 105047W |
Shareholding
The shareholding of Palred Retail Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Palred Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Palred Retail Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palred Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Palred Retail Private Limited has a workforce of 26 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
Palred Retail has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAJCP8811G1Z6 | Andhra Pradesh | Active | 17 May 2018 |
| 07AAJCP8811G1Z9 | Delhi | Active | 17 May 2018 |
| 36AAJCP8811G1Z8 | Telangana | Active | 17 May 2018 |
| 27AAJCP8811G1Z7 | Maharashtra | Active | 04 Sep 2018 |
To see the full GST registrations and return filing status of Palred Retail Private Limited, buy the company report.
Recent activity
Palred Retail Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Venkata Ratna Srinivas Yeluripati ceased to be Director on 13 May 2025.
News
Frequently asked questions
Palred Retail is an active private limited company based in Orvakal, Andhra Pradesh, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 17 May 2018 (8+ years old) and is registered under CIN U74999AP2018PTC108429.
Palred Retail has 3 current directors:
- Ameen Ashik Khwaja - Managing Director
- Pinekalapati Harish Naidu - Director
- Stuthi Reddy - Director
The latest financial statements of Palred Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Palred Retail is 37AAJCP8811G1Z6, registered in Andhra Pradesh. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 07AAJCP8811G1Z9 (Delhi), 36AAJCP8811G1Z8 (Telangana), 27AAJCP8811G1Z7 (Maharashtra).
The CIN (Corporate Identification Number) of Palred Retail is U74999AP2018PTC108429. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palred Retail was incorporated on 17 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Venkata Ratna Srinivas Yeluripati ceased to be Director on 13 May 2025. Vijaya Saradhi Sribhashyam ceased to be Director on 13 May 2025. Mulugu Venkata Lakshmi Narasimha Murthy ceased to be Director on 08 Jun 2022. Palred Retail has 8 board changes on record in total.
Palred Retail can be reached through the website palredretail.com. Its registered office is in Orvakal, Andhra Pradesh, India.
The registered office of Palred Retail is at Survey No.1240 Nannur, Orvakal, Andhra Pradesh, India – 518002.
Palred Retail operates in the e-commerce industry, in the general e-commerce platforms segment.