Smart Choice Retail Private Limited
About Smart Choice Retail Private Limited
Data last updated:
Smart Choice Retail Private Limited was a private limited company based in Tirunelveli, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 26 September 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2013PTC093149. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Paramasivan Muthukumar and Mahesh Muthukumar.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.66 Rajeshwari Nagar 3rd North Street New Bus Stand Opposite Kulavanigarpuram, Tirunelveli, Tamil Nadu, India – 627001.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.68 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.07 Cr (net margin -16.1%) and EBITDA of -₹1.03 Cr (EBITDA margin -15.4%).
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 2 cases are pending.
Company details
Contact details
Smart Choice Retail Private Limited's registered office is in Tirunelveli, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.66 Rajeshwari Nagar 3rd North Street New Bus Stand Opposite Kulavanigarpuram, Tirunelveli, Tamil Nadu, India – 627001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Smart Choice 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
Business activity
The main business activity of Smart Choice 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 Smart Choice Retail Private Limited, buy the company report.
Financials of Smart Choice Retail Private Limited
FY 2017 filings availableSmart Choice Retail Private Limited reported revenue of ₹6.68 Cr (up 27% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year. EBITDA fell 188% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6.68 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.03 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.07 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -15.4% | |
| Net Profit Margin | -16.1% | |
| 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 Smart Choice Retail Private Limited, buy the company report.
Board of directors of Smart Choice Retail Private Limited
Smart Choice Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paramasivan Muthukumar | Director | 20 Feb 2017 | 9 Years 8 Months | As last reported |
| Mahesh Muthukumar | Director | 20 Feb 2017 | 9 Years 8 Months | As last reported |
Peer comparison
Smart Choice Retail Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raptors Healthcare Trading Private Limited | ₹6.73 Cr (FY 2018) | 497.0% | Sasthamangalam.P.O, Kerala, India | |||
| Smart Choice Retail Private Limitedthis company | ₹6.68 Cr (FY 2016) | -₹1.07 Cr | -16.1% | 27.0% | 6 | Tirunelveli, Tamil Nadu, India |
| Shikha Electrical Industries Private Limited | ₹6.66 Cr (FY 2023) | 15.0% | Bhopal, Madhya Pradesh, India | |||
| Santosh Sales Pvt Ltd | ₹6.65 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Sherry Network Private Limited | ₹6.65 Cr (FY 2025) | -58.0% | New Delhi, Delhi, India |
To see the full peer comparison of Smart Choice Retail Private Limited, buy the company report.
Shareholding
The shareholding of Smart Choice Retail Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Smart Choice Retail Private Limited, buy the company report.
Legal cases
Smart Choice Retail Private Limited has 9 court cases on record: 2 filed by Smart Choice Retail, 7 filed against it. 2 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Epimoney Private Limited | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Epimoney Private Limited - Nayana Ashokbhai Parmar | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP(MD)) | Filed against the company by an individual | Disposed |
| District court, Tirunelveli, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Madurai, Tamil Nadu | Criminal case | Filed against the company by an individual | Disposed |
To see the full case history of Smart Choice Retail 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 Smart Choice Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Smart Choice Retail Private Limited has a workforce of 6 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Smart Choice Retail 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 Smart Choice Retail Private Limited, buy the company report.
Recent activity
Smart Choice Retail Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Selva Nayagam ceased to be Director on 21 Feb 2017.
Frequently asked questions
Smart Choice Retail has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Smart Choice Retail was a private limited company based in Tirunelveli, Tamil Nadu, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 26 September 2013 and is registered under CIN U72900TN2013PTC093149. The company has been struck off by the Registrar of Companies and is no longer operational.
Smart Choice Retail had 2 directors:
- Paramasivan Muthukumar - Director
- Mahesh Muthukumar - Director
The CIN (Corporate Identification Number) of Smart Choice Retail is U72900TN2013PTC093149. 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 Smart Choice Retail is at No.66 Rajeshwari Nagar 3rd North Street New Bus Stand Opposite Kulavanigarpuram, Tirunelveli, Tamil Nadu, India – 627001.
Smart Choice Retail was incorporated on 26 September 2013. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Smart Choice Retail on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
No. Smart Choice Retail has 1 GST registration on record and it is cancelled or inactive.
Smart Choice Retail operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
The peers of Smart Choice Retail by revenue are Raptors Healthcare Trading Private Limited, Shikha Electrical Industries Private Limited, Santosh Sales Pvt Ltd, Sherry Network Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (retail trading).
Smart Choice Retail has 9 court cases on record: 2 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
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