About SMRM Innovative Ventures Private Limited
Data last updated:
SMRM Innovative Ventures Private Limited is a private limited company based in Pathankot, Punjab, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U47733PB2016PTC045857. Its GSTIN is 03AAXCS7682N1ZA (Punjab). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Sanjive Mahajan and Rakhi Mahajan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Prabha Niwas Lane No. 5 East Near Old Esi Dispensary Patel Nagar, Pathankot, Punjab, India – 145001.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.42 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹76,369 (net margin 0%) and EBITDA of ₹39.76 Lakh (EBITDA margin 1.6%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 50% over five years.
As per MCA filings, the company has open charges of ₹8.36 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website myradiantstore.com.
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- Registered AddressPrabha Niwas Lane No. 5 East Near Old Esi Dispensary Patel Nagar, Pathankot, Punjab, India – 145001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
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Business Activity of SMRM Innovative Ventures Private Limited
The main business activity of SMRM Innovative Ventures is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of SMRM Innovative Ventures Private Limited FY 2024 filings available
SMRM Innovative Ventures Private Limited reported revenue of ₹25.42 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of SMRM Innovative Ventures Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 50%. EBITDA fell 19% 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 of SMRM Innovative Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹39.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76,369 | •••• | •••• | •••• | •••• |
| 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 of SMRM Innovative Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of SMRM Innovative Ventures are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pos Solutions Private Limited | ₹25.55 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Oshivara, Maharashtra, India |
| Vixmart Private Limited | ₹25.48 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Manjeri, Kerala, India |
| Emis Technologies Private Limited | ₹25.46 Cr (FY 2017) | •••• | •••• | •••• | Greater Noida, Uttar Pradesh, India | |
| Kripalu Commercial Private Limited | ₹25.46 Cr (FY 2025) | •••• | •••• | 93.0% | •••• | Kolkata, West Bengal, India |
| Lithium Power Energy Private Limited | ₹25.43 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Delhi, India |
| SMRM Innovative Ventures Private Limited this company | ₹25.42 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Pathankot, Punjab, India |
| CCW Specialities Private Limited | ₹25.41 Cr (FY 2024) | •••• | •••• | 103.0% | •••• | New Delhi, Delhi, India |
| Jainsons Emporio Private Limited | ₹25.41 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Delhi, India |
| Precious Electronics Private Limited | ₹25.39 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Inline Control and Equipment Private Limited | ₹25.39 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Jamshedpur, Jharkhand, India |
| Sun Airvoice Private Limited | ₹25.37 Cr (FY 2022) | •••• | •••• | -62.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below SMRM Innovative Ventures by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures 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 |
|---|---|---|---|---|
| Aditya Mahajan Also directs: Equeue Techsolutions Private Limited | Additional Director | 11 Jul 2025 | 1 Years 2 Months | Current |
| Sanjive Mahajan Also directs: Hammer and Levy Financial Services Private Limited | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
| Rakhi Mahajan Also directs: Equeue Techsolutions Private Limited | Director | 09 Nov 2016 | 9 Years 11 Months | Current |
Charges & Borrowings of SMRM Innovative Ventures Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2024 | State Bank of India | ₹3.58 Cr | Open |
| 18 Jul 2022 | State Bank of India | ₹2.79 Cr | Open |
| 06 Mar 2017 | State Bank of India | ₹1.99 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at SMRM Innovative Ventures Private Limited
Employment history and EPFO contributions of people linked to SMRM Innovative Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures has one previous CIN (Corporate Identification Number): U74999PB2016PTC045857. The current CIN is U47733PB2016PTC045857, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47733PB2016PTC045857 | Current |
| U74999PB2016PTC045857 | Previous |
Recent Activity on SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Aditya Mahajan was appointed as Additional Director on 11 Jul 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for SMRM Innovative Ventures Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by SMRM Innovative Ventures Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of SMRM Innovative Ventures Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAXCS7682N1ZA | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of SMRM Innovative Ventures Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SMRM Innovative Ventures Private Limited
SMRM Innovative Ventures is an active private limited company based in Pathankot, Punjab, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 November 2016 (10+ years old) and is registered under CIN U47733PB2016PTC045857.
SMRM Innovative Ventures reported revenue of ₹25.42 Cr for FY 2024 (down 3% YoY).
SMRM Innovative Ventures has 3 current directors:
- Aditya Mahajan - Additional Director
- Sanjive Mahajan - Director
- Rakhi Mahajan - Director
SMRM Innovative Ventures reported a net profit of ₹76,369 (net margin 0%) and EBITDA of ₹39.76 Lakh (EBITDA margin 1.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of SMRM Innovative Ventures is 40% over three years and 50% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of SMRM Innovative Ventures is 03AAXCS7682N1ZA, registered in Punjab. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of SMRM Innovative Ventures is U47733PB2016PTC045857. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SMRM Innovative Ventures was incorporated on 09 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of SMRM Innovative Ventures by revenue are Pos Solutions Private Limited, Vixmart Private Limited, Emis Technologies Private Limited, Kripalu Commercial Private Limited, Lithium Power Energy Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Aditya Mahajan was appointed as Additional Director on 11 Jul 2025. Rakhi Mahajan ceased to be Director on 30 Jan 2019. Aditya Mahajan ceased to be Additional Director on 30 Sep 2017. SMRM Innovative Ventures has 5 board changes on record in total.
Yes, SMRM Innovative Ventures is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).