Sree Deepti Ventures Limited
About Sree Deepti Ventures Limited
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Sree Deepti Ventures Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 19 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U17120TN2014PLC096234. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sai Aravind and Tummapudi Subba Rao.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No.123 M.T.H.Road Ambattur, Chennai, Tamil Nadu, India – 600053.
As per the financials filed for FY 2018, the company reported a revenue of ₹17.05 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹63,551 (net margin 0%) and EBITDA of ₹36.48 Lakh (EBITDA margin 2.1%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
Court records list 27 cases involving the company, including 23 filed by the company and 4 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sree Deepti Ventures Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.123 M.T.H.Road Ambattur, Chennai, Tamil Nadu, India – 600053
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Sree Deepti Ventures 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 Sree Deepti 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 Sree Deepti Ventures Limited, buy the company report.
Financials of Sree Deepti Ventures Limited
FY 2018 filings availableSree Deepti Ventures Limited reported revenue of ₹17.05 Cr (up 24% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over three years, including 24% growth in the latest year. EBITDA fell 5% 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 | ₹17.05 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹36.48 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹63,551 | |||
| 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% | |||
| 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 Sree Deepti Ventures Limited, buy the company report.
Board of directors of Sree Deepti Ventures Limited
Sree Deepti Ventures has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Aravind | Director | 27 Aug 2016 | 10 Years 2 Months | Current |
| Thangavelu Selvamani | Additional Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Tummapudi Subba Rao | Director | 11 Nov 2016 | 9 Years 11 Months | Current |
| Manivasagam Kandhaswamy | Additional Director | 01 Apr 2017 | 9 Years 7 Months | Current |
| Seethamma | Director | 09 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Sree Deepti Ventures Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| Keshariya Enterprises Private Limited | ₹17.31 Cr (FY 2024) | 19.0% | Darbhanga, Bihar, India | |||
| Sree Deepti Ventures Limitedthis company | ₹17.05 Cr (FY 2018) | ₹63,551 | 0% | 24.0% | Chennai, Tamil Nadu, India | |
| Toggle Fashion Private Limited | ₹16.96 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| Wist MRG Merchandising Private Limited | ₹16.95 Cr (FY 2025) | 43.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Sree Deepti Ventures Limited, buy the company report.
Shareholding
The shareholding of Sree Deepti Ventures Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sree Deepti Ventures Limited, buy the company report.
Legal cases
Sree Deepti Ventures Limited has 27 court cases on record: 23 filed by Sree Deepti Ventures, 4 filed against it. 12 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 2 | 12 |
| District courts | 13 | 2 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by HDB Financial Services Ltd. | Disposed |
| District court, Tiruvallur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by HDB Financial Services Limited | Disposed |
| Madras High Court | Writ petition | Filed by the company against The State Tax Officer | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The State Tax Officer | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Sree Deepti Ventures 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 Sree Deepti Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sree Deepti Ventures 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 Sree Deepti Ventures Limited, buy the company report.
Recent activity
Sree Deepti Ventures Limited has 12 board changes on record since 2016: 5 appointments and 7 cessations. The latest: Thummapudi Venkata Krishna Rao ceased to be Director on 01 Nov 2017.
3 earlier events are in the company report.
Frequently asked questions
Sree Deepti Ventures is an active public limited company based in Chennai, Tamil Nadu, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 19 June 2014 (12+ years old) and is registered under CIN U17120TN2014PLC096234.
Sree Deepti Ventures has 5 current directors:
- Sai Aravind - Director
- Thangavelu Selvamani - Additional Director
- Tummapudi Subba Rao - Director
- Manivasagam Kandhaswamy - Additional Director
- Seethamma - Director
The latest financial statements of Sree Deepti Ventures on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Sree Deepti Ventures has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sree Deepti Ventures is U17120TN2014PLC096234. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sree Deepti Ventures has 27 court cases on record: 23 filed by the company and 4 filed against it. 12 are pending. Most are in the high courts.
Sree Deepti Ventures was incorporated on 19 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Sree Deepti Ventures by revenue are Keshariya Enterprises Private Limited, Toggle Fashion Private Limited, Wist MRG Merchandising Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Thummapudi Venkata Krishna Rao ceased to be Director on 01 Nov 2017. Manivasagam Kandhaswamy was appointed as Additional Director on 01 Apr 2017. Thangavelu Selvamani was appointed as Additional Director on 01 Apr 2017. Sree Deepti Ventures has 12 board changes on record in total.
The registered office of Sree Deepti Ventures is at Plot No.123 M.T.H.Road Ambattur, Chennai, Tamil Nadu, India – 600053.
Sree Deepti Ventures operates in the fashion and textile industry, in the fashion retail segment.
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