Prestige Retail Ventures Limited

Prestige Retail Ventures Limited - infrastructure and utilities in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45200KA2017PLC104527 Incorporated 11 July 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Public Limited Company infrastructure and utilities
Data last updated
Revenue · FY 2025
₹112.56 Cr
▼ 75% YoY
Net profit · FY 2025
₹54.46 Cr
Net margin 48.4%
EBITDA · FY 2025
₹107.19 Cr
EBITDA margin 95.2%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Satisfied charges
₹2,139 Cr
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
4
Provident fund records

About Prestige Retail Ventures Limited

Data last updated:

Prestige Retail Ventures Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Prestige Estates Projects Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.

Its director Rezwan Razack is #246 among India's richest people (2026). Its director Noaman Razack is #246 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2017PLC104527. Its GSTIN is 29AAJCP3623Q1ZQ (Karnataka).

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It is led by directors including Noaman Razack and Irfanrazack.

Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025.

As per the financials filed for FY 2025, the company reported a revenue of ₹112.56 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹54.46 Cr (net margin 48.4%) and EBITDA of ₹107.19 Cr (EBITDA margin 95.2%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 7% over five years.

The company has about 4 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2,139 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it. The company has 2 deals on record (1 debt financing, 1 acquisition), with disclosed funding of ₹650 Cr; the latest was in February 2020. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 23 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prestigeconstructions.com.

Company details

CIN U45200KA2017PLC104527
Registration Number 104527
Incorporation Date 11 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Prestige Estates Projects Limited
Compliance Status Active Compliant

Recognitions & Rankings of Prestige Retail Ventures

India's Richest People 2026 edition · 2 directors · Source: Hurun India

Contact details

Prestige Retail Ventures Limited's registered office is in Bangalore, Karnataka. Its website is prestigeconstructions.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Prestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025
  • Industry
    Infrastructure and Utilities, General Construction Services

To see the full contact details of Prestige Retail Ventures Limited, buy the company report.

Comprehensive company report
Prestige Retail Ventures 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activities of Prestige Retail Ventures are administrative and support service activities and financial and insurance activities. In detail, this covers rental and leasing activities and activities auxiliary to financial service and insurance activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
NAdministrative and support service activities77Rental and leasing activities
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Prestige Retail Ventures Limited, buy the company report.

Financials of Prestige Retail Ventures Limited

FY 2025 filings available

Prestige Retail Ventures Limited reported revenue of ₹112.56 Cr (down 75% YoY) for FY 2025.

Revenue · FY 2025
₹112.56 Cr ▼ 75%
Net profit · FY 2025
₹54.46 Cr margin 48.4%
EBITDA · FY 2025
₹107.19 Cr margin 95.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▲ 81%
5 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▼ 2%
5 years · compounded
▲ 9%

Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 77% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹107.19 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹54.46 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin95.2%
Net Profit Margin48.4%
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 Prestige Retail Ventures Limited, buy the company report.

Board of directors of Prestige Retail Ventures Limited

Prestige Retail Ventures has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Noaman RazackDirector11 Jul 20179 Years 3 MonthsCurrent
IrfanrazackDirector11 Jul 20179 Years 3 MonthsCurrent
Rezwan RazackDirector11 Jul 20179 Years 3 MonthsCurrent

Auditor

Prestige Retail Ventures Limited is audited by MSSV & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MSSV & CoFY 2023001987S

Shareholding

The shareholding of Prestige Retail Ventures Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Prestige Retail Ventures Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2,139 Cr
Breakdown by lending institutions
Idbi Trusteeship Services Limited₹1,495.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹634.00 Cr
Others₹10.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Mar 2021100437062Idbi Trusteeship Services Limited₹1,495 CrSatisfied
22 Jul 2019100281594The Hongkong and Shanghai Banking Corporation Limited₹317 CrSatisfied
17 Jan 2019100232320Others₹10 CrSatisfied
13 Dec 2018100224255The Hongkong and Shanghai Banking Corporation Limited₹317 CrSatisfied

To see the full charge records of Prestige Retail Ventures Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Prestige Retail Ventures Limited has 2 deals on record (1 debt financing, 1 acquisition), with disclosed funding of ₹650 Cr; the latest was in February 2020.

Total deals
2
Debt financing
1
Acquisition
1
Disclosed funding
₹650 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Feb 2020Debt financing₹650 CrInvestors: Prestige Estates Projects Limited
Jan 2018Acquisition₹341.08 CrBuyer: Prestige Retail Ventures Limited
Seller: Capitaland

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Prestige Retail Ventures Limited was last rated by Icra on 30 Sep 2021.

Rating agencyRated onRating
Icra30 Sep 2021

To see the full credit ratings and regulatory alerts of Prestige Retail Ventures Limited, buy the company report.

MSME payment delays

Prestige Retail Ventures Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 23 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 23)

SupplierAmount dueDue sinceReported on
Omnitec Systems India Private Limited
Atom Interiors LLP
Vka Powermaster Private Limited
an individual supplier
Rock and Stones

To see the full MSME payment records of Prestige Retail Ventures Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Prestige Retail Ventures Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
4
Active EPFO establishments
1

GST

Prestige Retail Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAJCP3623Q1ZQKarnatakaActive08 Sep 2017

To see the full GST registrations and return filing status of Prestige Retail Ventures Limited, buy the company report.

Recent activity

Prestige Retail Ventures Limited has 10 board changes on record since 2017: 3 appointments and 7 cessations. The latest: Nikhil Pradeep Jalan ceased to be Additional Director on 25 May 2022.

AGM
Prestige Retail Ventures Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Filing
Prestige Retail Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 26 Mar 2021 via Charge ID 100437062 with Idbi Trusteeship Services Limited was fully satisfied on 07 Nov 2022.
Ceased
Nikhil Pradeep Jalan ceased to be Additional Director.
Ceased
Alok Kumar Jain ceased to be Additional Director.
Ceased
Rajesh Deo ceased to be Additional Director.
Ceased
Shravan Chandra Sharma ceased to be Additional Director.
Ceased
Sourabh Kishanpuria ceased to be Additional Director.
Ceased
Mohit Arora ceased to be Additional Director.
Ceased
Abhishek Govind Patil ceased to be Additional Director.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 1,495.00 Cr registered on 26 Mar 2021 with Charge ID 100437062 was modified on 06 Jul 2021.
Charges
A charge registered on 22 Jul 2019 via Charge ID 100281594 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 05 Apr 2021.

10 earlier events are in the company report.

Frequently asked questions

Prestige Retail Ventures is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U45200KA2017PLC104527.

Prestige Retail Ventures has 3 current directors:

The latest financial statements of Prestige Retail Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Prestige Retail Ventures is 29AAJCP3623Q1ZQ, registered in Karnataka.

The CIN (Corporate Identification Number) of Prestige Retail Ventures is U45200KA2017PLC104527. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Prestige Retail Ventures has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the high courts.

Prestige Retail Ventures was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Prestige Retail Ventures has 2 deals on record (1 debt financing, 1 acquisition), with disclosed funding of ₹650 Cr; the latest was in February 2020.

Nikhil Pradeep Jalan ceased to be Additional Director on 25 May 2022. Alok Kumar Jain ceased to be Additional Director on 01 Oct 2021. Rajesh Deo ceased to be Additional Director on 29 Sep 2021. Prestige Retail Ventures has 10 board changes on record in total.

Prestige Retail Ventures has 11 MSME Form 1 returns on record between 2019 and 2024, listing 88 overdue payments to 23 micro and small suppliers. The latest return was filed on 30 Apr 2024.

Prestige Retail Ventures can be reached through the website prestigeconstructions.com. Its registered office is in Bangalore, Karnataka, India.