MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TN-03-0064477
S.P Retail Ventures Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹79.41 Cr
▼ 4% YoY
Net loss · FY 2025
₹10.55 Cr
Net margin -13.3%
EBITDA · FY 2025
-₹7.34 Cr
EBITDA margin -9.2%
Authorised capital
₹14.55 Cr
Registered with MCA
Paid-up capital
₹7.3 Cr
Issued & subscribed
Open charges
₹45 Cr
Satisfied ₹16 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
319
Provident fund records
About S.P Retail Ventures Limited
Data last updated:
S.P Retail Ventures Limited is a public limited company based in Tirupur, Tamil Nadu, India, a subsidiary of S.P.Apparels Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 17 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17290TZ2021PLC036832. Its GSTIN is 33ABGCS6742K1Z1 (Tamil Nadu). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹14.55 Cr and a paid-up capital of ₹7.3 Cr. It was formerly known as S.P Retail Ventures Private Limited. It is led by directors including Sundararajan Chenduran (Managing Director) and Chathamur Raman Rajagopal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 39A Extension Street Kaikattipudur Avinashi, Tirupur, Tamil Nadu, India – 641654.
As per the financials filed for FY 2025, the company reported a revenue of ₹79.41 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹10.55 Cr (net margin -13.3%) and EBITDA of -₹7.34 Cr (EBITDA margin -9.2%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years.
The company has about 319 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SP Retail Ventures. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹16 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹54 Cr; the latest was in August 2022. Its 4 peer companies in the Apparel industry (Branded Wear), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 2 smaller; the largest is Proline India Limited with revenue of ₹86.16 Cr.
S.P Retail Ventures Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0064477). For more details, the company can be reached via its website sprvl.in.
Company details
CIN U17290TZ2021PLC036832
Registration Number 036832
Incorporation Date 17 August 2021
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company S.P.Apparels Limited
MSME Classification Small
Udyam Registration UDYAM-TN-03-0064477
CIN history
S.P Retail Ventures has one previous CIN (Corporate Identification Number): U17290TZ2021PTC036832. The current CIN is U17290TZ2021PLC036832, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17290TZ2021PLC036832 | Current |
| U17290TZ2021PTC036832 | Previous |
Key People
Sundararajan Chenduran Managing Director Chathamur Raman Rajagopal Director Perumal Sundararajan Director Recognitions & Rankings of S.P Retail Ventures
Contact details
S.P Retail Ventures Limited's registered office is in Tirupur, Tamil Nadu. Its website is sprvl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address39A Extension Street Kaikattipudur Avinashi, Tirupur, Tamil Nadu, India – 641654
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of S.P Retail Ventures Limited, buy the company report.
Comprehensive company report
S.P 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
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Brands
S.P Retail Ventures operates one associated brand: SP Retail Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailer of menswear, sportswear, athleisure, and premium kids wear apparel | sprvl.in |
Business activity
The main business activity of S.P Retail Ventures 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 S.P Retail Ventures Limited, buy the company report.
Financials of S.P Retail Ventures Limited
FY 2025 filings availableS.P Retail Ventures Limited reported revenue of ₹79.41 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹79.41 Cr ▼ 4%
Net loss · FY 2025
₹10.55 Cr margin -13.3%
EBITDA · FY 2025
-₹7.34 Cr margin -9.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 70%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▼ 288%
Revenue fell 4% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 70%. EBITDA rose 10% 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 |
|---|---|---|---|---|
| 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 | -₹7.34 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.55 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -9.2% | |||
| Net Profit Margin | -13.3% | |||
| 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 S.P Retail Ventures Limited, buy the company report.
Board of directors of S.P Retail Ventures Limited
S.P Retail Ventures has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundararajan Chenduran Also directs: S.P.Apparels Limited, Poornam Enterprises Private Limited, Young Brand Apparel Private Limited and 3 more | Managing Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Chathamur Raman Rajagopal Also directs: S.P.Apparels Limited, Young Brand Apparel Private Limited, Young Brand Global Private Limited and 5 more | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Perumal Sundararajan Also directs: S.P.Apparels Limited, Poornam Enterprises Private Limited, S P Superfine Cotton Mills Private Limited and 3 more | Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Sundararajan Latha Also directs: S.P.Apparels Limited, Young Brand Apparel Private Limited, Crocodile Products Private Limited and 1 more | Director | 15 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
S.P Retail Ventures Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Proline India Limited | ₹86.16 Cr (FY 2020) | 5.0% | Mumbai, Maharashtra, India | |||
| Unik Bazar Limited | ₹81.31 Cr (FY 2020) | -11.0% | Delhi, India | |||
| S.P Retail Ventures Limitedthis company | ₹79.41 Cr (FY 2025) | -₹10.55 Cr | -13.3% | -4.0% | 319 | Tirupur, Tamil Nadu, India |
| Tistabene Enterprises Private Limited | ₹71.8 Cr (FY 2025) | 4.0% | Jaipur, Rajasthan, India | |||
| Cover Story Clothing Limited | ₹70.91 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of S.P Retail Ventures Limited, buy the company report.
Auditor
S.P Retail Ventures Limited is audited by RAJAN SANKAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJAN SANKAR & CO | FY 2023 | 003430S |
Shareholding
The shareholding of S.P Retail Ventures Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of S.P Retail Ventures Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
₹16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2023 | 100663938 | Idbi Bank Limited | ₹5 Cr | Open | |
| 14 Nov 2022 | 100647486 | Hdfc Bank Limited | ₹34 Cr | Open | |
| 11 Jan 2022 | 100526835 | The Hongkong and Shanghai Banking Corporation Limited | ₹6 Cr | Open | |
| 28 Dec 2021 | 100516989 | Idbi Bank Limited | ₹4 Cr | Satisfied | |
| 24 Dec 2021 | 100519173 | State Bank of India | ₹12 Cr | Satisfied |
To see the full charge records of S.P Retail Ventures Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
S.P Retail Ventures Limited has 1 deal on record (1 funding round), with disclosed funding of ₹54 Cr; the latest was in August 2022.
Total deals
1
Funding round
1
Disclosed funding
₹54 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Funding round | ₹54 Cr | Investors: S.P.Apparels Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving S.P Retail Ventures 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 S.P Retail Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
S.P Retail Ventures Limited has a workforce of 319 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
319
Active EPFO establishments
1
Employee growth
8.14%
GST
S.P Retail Ventures has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABGCS6742K1Z1 | Tamil Nadu | Active | 21 Nov 2021 |
| 29ABGCS6742K1ZQ | Karnataka | Active | 06 Dec 2021 |
| 32ABGCS6742K1Z3 | Kerala | Active | 13 Dec 2021 |
| 37ABGCS6742K1ZT | Andhra Pradesh | Active | 18 Dec 2021 |
To see the full GST registrations and return filing status of S.P Retail Ventures Limited, buy the company report.
Recent activity
S.P Retail Ventures Limited has 4 board changes on record since 2021: 4 appointments. The latest: Sundararajan Latha was appointed as Director on 15 Oct 2021.
AGM
S.P Retail Ventures Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
S.P Retail Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited of Rs. 34.00 Cr registered on 14 Nov 2022 with Charge ID 100647486 was modified on 07 Jun 2024.
Charges
A charge registered on 24 Dec 2021 via Charge ID 100519173 with State Bank Of India was fully satisfied on 16 Nov 2023.
Charges
A charge registered on 28 Dec 2021 via Charge ID 100516989 with Idbi Bank Limited was fully satisfied on 07 Jul 2023.
Charges
A charge with State Bank Of India of Rs. 12.00 Cr registered on 24 Dec 2021 with Charge ID 100519173 was modified on 28 Feb 2023.
Charges
A charge with Idbi Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100663938 was registered on 04 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 34.00 Cr with Charge ID 100647486 was registered on 14 Nov 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 6.00 Cr with Charge ID 100526835 was registered on 11 Jan 2022.
Charges
A charge with Idbi Bank Limited amounted to Rs. 4.00 Cr with Charge ID 100516989 was registered on 28 Dec 2021.
Charges
A charge with State Bank Of India amounted to Rs. 12.00 Cr with Charge ID 100519173 was registered on 24 Dec 2021.
Appointed
Sundararajan Latha was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
S.P Retail Ventures is an active public limited company based in Tirupur, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 17 August 2021 (5+ years old) and is registered under CIN U17290TZ2021PLC036832.
S.P Retail Ventures has 4 current directors:
- Sundararajan Chenduran - Managing Director
- Chathamur Raman Rajagopal - Director
- Perumal Sundararajan - Director
- Sundararajan Latha - Director
The latest financial statements of S.P Retail Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of S.P Retail Ventures is 33ABGCS6742K1Z1, registered in Tamil Nadu. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29ABGCS6742K1ZQ (Karnataka), 32ABGCS6742K1Z3 (Kerala), 37ABGCS6742K1ZT (Andhra Pradesh).
The CIN (Corporate Identification Number) of S.P Retail Ventures is U17290TZ2021PLC036832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.P Retail Ventures was incorporated on 17 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Coimbatore.
S.P Retail Ventures has 1 deal on record (1 funding round), with disclosed funding of ₹54 Cr; the latest was in August 2022.
The peers of S.P Retail Ventures by revenue are Proline India Limited, Unik Bazar Limited, Tistabene Enterprises Private Limited, Cover Story Clothing Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (retail trading).
Sundararajan Latha was appointed as Director on 15 Oct 2021. Chathamur Raman Rajagopal was appointed as Director on 17 Aug 2021. Perumal Sundararajan was appointed as Director on 17 Aug 2021. S.P Retail Ventures has 4 board changes on record in total.
Yes, S.P Retail Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0064477).
S.P Retail Ventures can be reached through the website sprvl.in. Its registered office is in Tirupur, Tamil Nadu, India.
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