Parvenu Vanigam Private Limited
About Parvenu Vanigam Private Limited
Data last updated:
Parvenu Vanigam Private Limited was a private limited company based in Chennai, Tamil Nadu, 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 agricultural products distribution segment of the agriculture sector. It was incorporated on 25 June 1981.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U15499TN1981PTC008832. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹54 Lakh and a paid-up capital of ₹52.61 Lakh. It was led by directors including Shyam Venugopal (Managing Director) and Selvarajan Ramadoss.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at New No.31 Lazarus Church Road, Chennai, Tamil Nadu, India – 600028.
As per the financials filed for FY 2018, the company reported a revenue of ₹28.32 Cr, a decline of 63% compared to the previous year. For the same year it recorded a net loss of ₹2.97 Lakh (net margin -0.1%) and EBITDA of ₹58.85 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years.
As per MCA filings, the company had satisfied charges of ₹13.01 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Contact details
Parvenu Vanigam 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 AddressNew No.31 Lazarus Church Road, Chennai, Tamil Nadu, India – 600028
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Parvenu Vanigam 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 Parvenu Vanigam is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Parvenu Vanigam Private Limited, buy the company report.
Financials of Parvenu Vanigam Private Limited
FY 2018 filings availableParvenu Vanigam Private Limited reported revenue of ₹28.32 Cr (down 63% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over three years, including a 63% fall in the latest year. EBITDA fell 18% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| 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 | ₹58.85 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹2.97 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.1% | |||
| Net Profit Margin | -0.1% | |||
| 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 Parvenu Vanigam Private Limited, buy the company report.
Board of directors of Parvenu Vanigam Private Limited
Parvenu Vanigam has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Venugopal | Managing Director | 14 Feb 2011 | 15 Years 8 Months | As last reported |
| Selvarajan Ramadoss | Director | 09 Apr 2004 | 22 Years 7 Months | As last reported |
| Thyagarajulu Dharmavaram | Director | 09 Apr 2004 | 22 Years 7 Months | As last reported |
Peer comparison
Parvenu Vanigam Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TTL Enterprises Limited | ₹28.39 Cr (FY 2025) | -26.0% | Ahmedabad, Gujarat, India | |||
| Parvenu Vanigam Private Limitedthis company | ₹28.32 Cr (FY 2018) | -₹2.97 Lakh | -0.1% | -63.0% | Chennai, Tamil Nadu, India | |
| Impact Agro Products Private Limited | ₹28.28 Cr (FY 2024) | 8.0% | Jaipur, Rajasthan, India | |||
| Yashita Global Spirit Private Limited | ₹28.26 Cr (FY 2024) | -5.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Parvenu Vanigam Private Limited, buy the company report.
Auditor
Parvenu Vanigam Private Limited is audited by D SAMPATHKUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D SAMPATHKUMAR & CO | FY 2017 | 003556S |
Shareholding
The shareholding of Parvenu Vanigam 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 Parvenu Vanigam Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2016 | 10626790 | Small Industries Development Bank of India | ₹4 Cr | Satisfied | |
| 10 Jan 2014 | 10475921 | State Bank of India | ₹4.6 Cr | Satisfied | |
| 22 Aug 2013 | 10449881 | Canbank Factors Limited | ₹2 Cr | Satisfied | |
| 24 Jun 2011 | 10300628 | Lakshmi Vilas Bank Limited | ₹1 Cr | Satisfied | |
| 12 Jan 2010 | 10195579 | Lakshmi Vilas Bank Limited | ₹27 Lakh | Satisfied |
To see the full charge records of Parvenu Vanigam Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Parvenu Vanigam Private Limited has 4 court cases on record: 2 filed by Parvenu Vanigam, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against M/S.Integrated Finance Company Ltd., and 1 other | Disposed |
| Madras High Court | Appeal | Filed against the company by M/S.Integrated Finance Company Ltd | Disposed |
| High Court, TAMIL NADU | Petition | Filed by the company against M/S.Integrated Financecompany and 1 other | Disposed |
To see the full case history of Parvenu Vanigam 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 Parvenu Vanigam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parvenu Vanigam Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Parvenu Vanigam has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Parvenu Vanigam Private Limited, buy the company report.
Recent activity
Parvenu Vanigam Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Shanmugam Sethupillai ceased to be Director on 14 Jul 2014.
12 earlier events are in the company report.
Frequently asked questions
Parvenu Vanigam 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.
Parvenu Vanigam was a private limited company based in Chennai, Tamil Nadu, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 25 June 1981 and is registered under CIN U15499TN1981PTC008832. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Parvenu Vanigam was incorporated on 25 June 1981. It is registered with the Registrar of Companies, Chennai.
Parvenu Vanigam had 3 directors:
- Shyam Venugopal - Managing Director
- Selvarajan Ramadoss - Director
- Thyagarajulu Dharmavaram - Director
The CIN (Corporate Identification Number) of Parvenu Vanigam is U15499TN1981PTC008832. 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 Parvenu Vanigam is at New No.31 Lazarus Church Road, Chennai, Tamil Nadu, India – 600028.
The latest financial statements of Parvenu Vanigam on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. Parvenu Vanigam has 1 GST registration on record and it is cancelled or inactive.
Parvenu Vanigam operated in the agriculture industry, in the agro retail and distribution segment.
The peers of Parvenu Vanigam by revenue are TTL Enterprises Limited, Impact Agro Products Private Limited, Yashita Global Spirit Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Parvenu Vanigam has 4 court cases on record: 2 filed by the company and 2 filed against it.
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