About SRS Limited
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SRS Limited is a public limited company based in Faridabad, Haryana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 29 August 2000.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74999HR2000PLC040183. Its GSTIN is 06AAGCS8846R2ZC (Haryana). The company holds 10 GST registrations, of which 3 are active. It is recorded as listed by MCA, but its shares were delisted from NSE on 27 Aug 2021 · winding up and from BSE on 28 Oct 2021 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹280 Cr and a paid-up capital of ₹278.58 Cr. It was formerly known as Srs Entertainment Limited and Srs Entertainment and Multitrade Limited. It is led by directors including Anil Jindal (Whole-Time Director) and Raju Bansal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Srs Multiplex 2nd Floor City Centre Sector – 12, Faridabad, Haryana, India – 121007.
As per the financials filed for FY 2017, the company reported a revenue of ₹1,002.67 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹189.25 Cr (net margin -18.9%) and EBITDA of -₹100.46 Cr (EBITDA margin -10%).
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹835 Cr and satisfied charges of ₹1,054.51 Cr on record. Court records list 380 cases involving the company, including 29 filed by the company and 351 filed against it; 100 cases are pending. The company has 15 deals on record (14 market trades, 1 ipo); the latest was in July 2019. Its 6 peer companies in the Events and Entertainment industry (Apparel Retail and Distribution, Cinema and Multiplex, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Nd Sarraf Jewels Wholesale Private Limited with revenue of ₹1,042.33 Cr.
The last known website on record is srsparivar.com.
Company details
Name history
SRS has undergone 3 name changes throughout its history. The company was previously known as Srs Entertainment Limited, Srs Entertainment And Multitrade Limited, and Srs Entertainment & Retail Limited. The current legal name is Srs Limited.
| Company Name | Status |
|---|---|
| SRS Limited | Current |
| Srs Entertainment Limited | Previous |
| Srs Entertainment And Multitrade Limited | Previous |
| Srs Entertainment & Retail Limited | Previous |
CIN history
SRS has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999HR2000PLC040183, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999HR2000PLC040183 | Current |
| U74999DL2000PLC107484 | Previous |
| U74999HR2000PLC040183 | Previous |
Contact details
SRS Limited's registered office is in Faridabad, Haryana. Its website is srsparivar.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressSrs Multiplex 2nd Floor City Centre Sector – 12, Faridabad, Haryana, India – 121007
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of SRS 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 SRS is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of SRS Limited, buy the company report.
Financials of SRS Limited
FY 2017 filings availableSRS Limited reported revenue of ₹1,002.67 Cr (down 75% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year. EBITDA fell 171% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1,002.67 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹100.46 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹189.25 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -10% | ||
| Net Profit Margin | -18.9% | ||
| 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 SRS Limited, buy the company report.
Board of directors of SRS Limited
SRS has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Jindal | Whole-Time Director | 15 Jan 2007 | 19 Years 9 Months | As last reported |
| Yogesh Kumar | Additional Director | 09 May 2018 | 8 Years 5 Months | As last reported |
| Raju Bansal | Whole-Time Director | 21 Jan 2002 | 24 Years 9 Months | As last reported |
Peer comparison
SRS Limited is compared with the 6 companies closest to it by revenue in the Events and Entertainment industry (Apparel Retail and Distribution, Cinema and Multiplex, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nd Sarraf Jewels Wholesale Private Limited | ₹1,042.33 Cr (FY 2025) | 65.0% | Varanasi, Uttar Pradesh, India | |||
| Manepally Jewellers Private Limited | ₹1,040.11 Cr (FY 2024) | 9.0% | Secunderabad, Telangana, India | |||
| Meir Commodities India Limited | ₹1,035.93 Cr (FY 2025) | 12.0% | Navi Mumbai, Maharashtra, India | |||
| Wellknown Jewellers Private Limited | ₹1,017.83 Cr (FY 2016) | 60.0% | Delhi, India | |||
| Sachchiyay Mata Bullion Private Limited | ₹1,016.48 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| SRS Limitedthis company | ₹1,002.67 Cr (FY 2017) | -₹189.25 Cr | -18.9% | -75.0% | 1 | Faridabad, Haryana, India |
| Excitare Tradelink Private Limited | ₹996.93 Cr (FY 2023) | 17752.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of SRS Limited, buy the company report.
Auditor
SRS Limited is audited by S V P & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V P & ASSOCIATES | FY 2017 | 003838N |
Shareholding
The shareholding of SRS Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SRS Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2007 | 10070181 | State Bank of India | ₹10 Cr | Open | |
| 25 Aug 2007 | 10070155 | State Bank of India ( Lead Bank ) | ₹825 Cr | Open | |
| 31 Dec 2013 | 10472828 | Syndicate Bank | ₹10 Cr | Satisfied | |
| 27 Dec 2013 | 10471233 | Bank of India | ₹37.5 Cr | Satisfied | |
| 30 Nov 2013 | 10472148 | Union Bank of India | ₹100 Cr | Satisfied |
To see the full charge records of SRS Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
SRS Limited has 15 deals on record (14 market trades, 1 ipo); the latest was in July 2019.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Market trade | ₹52.8 Lakh | Buyer: Shpl Enterprises Seller: Parami Investments Private Limited , Shpl Enterprises |
| Feb 2018 | Market trade | ₹52.7 Lakh | Buyer: Shpl Enterprises Seller: Parami Investments Private Limited , Shpl Enterprises |
| Feb 2018 | Market trade | ₹21.8 Lakh | Seller: Parami Investments Private Limited |
| Feb 2018 | Market trade | ₹23.3 Lakh | Seller: Parami Investments Private Limited |
| Jan 2018 | Market trade | ₹20.4 Lakh | Seller: Parami Investments Private Limited |
To see the full deal history of SRS Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SRS Limited has 380 court cases on record: 29 filed by SRS, 351 filed against it. 100 cases are pending and 280 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 351 | 335 | 92 |
| High courts | 18 | 9 | 4 |
| NCLAT | 7 | 3 | 4 |
| NCLT | 4 | 4 | 0 |
Cases on record (5 of 380)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Appeal | Filed by the company against SRS Real Infrastructure Ltd and 1 other | Pending |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against M/S SRS I-Tech Private Ltd and 5 others | Pending |
| District court, Faridabad, Haryana | Execution petition | Filed against the company by Axis Bank Ltd. | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against Orienta Cine Advertising Pvt Ltd | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against SRS Real Infrastructure Limited and 3 others | Disposed |
To see the full case history of SRS 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.
Credit ratings & regulatory alerts
SRS Limited was last rated by Icra on 30 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Jul 2020 |
To see the full credit ratings and regulatory alerts of SRS Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SRS Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SRS has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| SRS Entertainment India Limited | U92490HR2014PLC053358 | |
| SRS Entertainment India Limited | U92490HR2014PLC053358 |
To see the full group structure of SRS Limited, buy the company report.
Employees & EPFO
SRS Limited has a workforce of 1 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
SRS has 10 GST registrations: 3 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCS8846R2ZC | Haryana | Active | 17 Aug 2017 |
| 02AAGCS8846R1ZL | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAGCS8846R2ZI | Punjab | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of SRS Limited, buy the company report.
Recent activity
SRS Limited has 67 board changes on record since 2002: 35 appointments and 32 cessations. The latest: Rajesh Yadav ceased to be Additional Director on 12 Sep 2018.
111 earlier events are in the company report.
News
Frequently asked questions
SRS is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
SRS is a company under liquidation, formerly operating as a public limited company based in Faridabad, Haryana, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 29 August 2000 and is registered under CIN L74999HR2000PLC040183. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
SRS has 3 current directors:
- Anil Jindal - Whole-Time Director
- Raju Bansal - Whole-Time Director
- Yogesh Kumar - Additional Director
The latest financial statements of SRS on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 27 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of SRS is L74999HR2000PLC040183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRS is recorded as a listed company by MCA, but its shares were delisted from NSE on 27 Aug 2021 · winding up and from BSE on 28 Oct 2021 · compulsory delisting, and no longer trade on a stock exchange.
SRS has open charges of ₹835 Cr and satisfied charges of ₹1,054.51 Cr as per latest MCA filings.
SRS has 380 court cases on record: 29 filed by the company and 351 filed against it. 100 are pending. Most are in the district courts.
SRS was incorporated on 29 August 2000. It is registered with the Registrar of Companies, Delhi.
SRS has 15 deals on record (14 market trades, 1 ipo); the latest was in July 2019.
The peers of SRS by revenue are Nd Sarraf Jewels Wholesale Private Limited, Manepally Jewellers Private Limited, Meir Commodities India Limited, Wellknown Jewellers Private Limited, Sachchiyay Mata Bullion Private Limited and 1 more, all in the Events and Entertainment industry (Apparel Retail and Distribution, Cinema and Multiplex, Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).