SSVB Retail India Limited
About SSVB Retail India Limited
Data last updated:
SSVB Retail India Limited is a public limited company based in Gujarat, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 20 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52190GJ2006PLC047967. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.27 Cr. It was formerly known as Ssvb Business India Limited and Ssvb India Limited. It is led by directors including Shrirang Prakash Pol (Managing Director) and Balubhai S Nangi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 24 A Ishwar Park Eroonavsari Gujarat 396 450, Gujarat, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹21.88 Cr, a growth of 97% compared to the previous year. For the same year it recorded a net profit of ₹38.73 Lakh (net margin 1.8%) and EBITDA of ₹2.01 Cr (EBITDA margin 9.2%).
The company has about 135 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.14 Cr and satisfied charges of ₹57.3 Lakh on record. Court records list 168 cases involving the company, including 3 filed by the company and 165 filed against it; 18 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
SSVB Retail India has undergone 3 name changes throughout its history. The company was previously known as Ssvb Business India Limited, Ssvb India Limited, and Ssvb Retail India Limited. The current legal name is Ssvb Retail India Limited.
| Company Name | Status |
|---|---|
| SSVB Retail India Limited | Current |
| Ssvb Business India Limited | Previous |
| Ssvb India Limited | Previous |
Contact details
SSVB Retail India Limited's registered office is in Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24 A Ishwar Park Eroonavsari Gujarat 396 450, Gujarat, India
- IndustryAgriculture, Agri Support Services
To see the full contact details of SSVB Retail India 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 SSVB Retail India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SSVB Retail India Limited, buy the company report.
Financials of SSVB Retail India Limited
FY 2016 filings availableSSVB Retail India Limited reported revenue of ₹21.88 Cr (up 97% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 97% in the latest year. EBITDA rose 113% 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 | ₹21.88 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.01 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹38.73 Lakh | |
| 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 | 9.2% | |
| Net Profit Margin | 1.8% | |
| 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 SSVB Retail India Limited, buy the company report.
Board of directors of SSVB Retail India Limited
SSVB Retail India has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Bhaurao More Also directs: Snecrv Retail Services India Private Limited | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
| Vikram Prakashbhai Pole Also directs: SSVB Foods India Limited, SSVB Hotels India Limited | Director | 20 Mar 2006 | 20 Years 7 Months | Current |
| Sejal Jitendra Mandhare | Director | 22 Feb 2017 | 9 Years 8 Months | Current |
| Shrirang Prakash Pol Also directs: SSVB Foods India Limited, SSVB Hotels India Limited | Managing Director | 20 Mar 2006 | 20 Years 7 Months | Current |
| Balubhai S Nangi Also directs: SSVB Foods India Limited, SSVB Hotels India Limited | Whole-Time Director | 20 Mar 2006 | 20 Years 7 Months | Current |
Auditor
SSVB Retail India Limited is audited by M A GOHIL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M A GOHIL & ASSOCIATES | FY 2016 | 122243W |
Shareholding
The shareholding of SSVB Retail India Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of SSVB Retail India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Oct 2016 | 100063796 | Tata Capital Housing Finance Limited | ₹40 Lakh | Open | |
| 29 Sep 2016 | 100063914 | Others | ₹1.15 Cr | Open | |
| 18 May 2016 | 100032302 | Axis Bank Limited | ₹16 Lakh | Open | |
| 27 Oct 2015 | 10607354 | Axis Bank Limited | ₹7.9 Lakh | Open | |
| 05 Aug 2015 | 10586348 | Axis Bank Limited | ₹9.85 Lakh | Open |
To see the full charge records of SSVB Retail India Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
SSVB Retail India Limited has 168 court cases on record: 3 filed by SSVB Retail India, 165 filed against it. 18 cases are pending and 150 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 155 | 152 | 15 |
| High courts | 13 | 13 | 3 |
Cases on record (5 of 168)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Tata Capital Housing Finance Limited | Pending |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by Tata Capital Limited( Formerly Known As Tata Capital Financila Services Ltd.) | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Tata Capital Limited(Formerly Known As Tata Capital Financila Services Ltd.) and 1 other | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Tata Capital Limited( Formerly Known As Tata Capital Financila Services Ltd.) | Disposed |
| District court, Navsari, Gujarat | Criminal miscellaneous application | Filed against the company by Tata Capital Housing Finance Ltd Authorized Sheetal Mehta | Disposed |
To see the full case history of SSVB Retail India 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 SSVB Retail India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SSVB Retail India Limited has a workforce of 135 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
SSVB Retail India 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 SSVB Retail India Limited, buy the company report.
Recent activity
SSVB Retail India Limited has 14 board changes on record since 2006: 5 appointments and 9 cessations. The latest: Vilasbhai Ramchandra Sinde ceased to be Director on 21 Aug 2017.
13 earlier events are in the company report.
Frequently asked questions
SSVB Retail India is an active public limited company based in Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 20 March 2006 (20+ years old) and is registered under CIN U52190GJ2006PLC047967.
SSVB Retail India has 5 current directors:
- Shrirang Prakash Pol - Managing Director
- Balubhai S Nangi - Whole-Time Director
- Mangesh Bhaurao More - Director
- Vikram Prakashbhai Pole - Director
- Sejal Jitendra Mandhare - Director
The latest financial statements of SSVB Retail India on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. SSVB Retail India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of SSVB Retail India is U52190GJ2006PLC047967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SSVB Retail India has 168 court cases on record: 3 filed by the company and 165 filed against it. 18 are pending. Most are in the district courts.
SSVB Retail India was incorporated on 20 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vilasbhai Ramchandra Sinde ceased to be Director on 21 Aug 2017. Vinod Sahebrao Rasal ceased to be Director on 19 Jun 2017. Mangesh Bhaurao More was appointed as Director on 22 Feb 2017. SSVB Retail India has 14 board changes on record in total.
The registered office of SSVB Retail India is at 24 A Ishwar Park Eroonavsari Gujarat 396 450, Gujarat, India.
SSVB Retail India operates in the agriculture industry, in the agri support services segment.
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