Standard Ventures Limited
About Standard Ventures Limited
Data last updated:
Standard Ventures Limited is a public limited company based in Kanpur, Uttar Pradesh, 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 chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 24 March 1981.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U65993UP1981PLC009334. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.36 Cr. It was formerly known as Kuteer Finances & Investments Limited. It is led by directors including Rakesh Kumar Garg and Kunal Garg.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kanpur, Uttar Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹13,231, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.52 Lakh and EBITDA of -₹2.06 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Company details
CIN history
Standard Ventures has one previous CIN (Corporate Identification Number): U65993UP1988PLC009334. The current CIN is U65993UP1981PLC009334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65993UP1981PLC009334 | Current |
| U65993UP1988PLC009334 | Previous |
Contact details
Standard Ventures Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8/26 Arya Nagar, India, Kanpur, Uttar Pradesh, India – 208002
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Standard 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
Financials of Standard Ventures Limited
FY 2023 filings availableStandard Ventures Limited reported revenue of ₹13,231 (down 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 19% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹13,231 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.52 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Standard Ventures Limited, buy the company report.
Board of directors of Standard Ventures Limited
Standard Ventures has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Garg | Director | 25 Aug 2014 | 12 Years 2 Months | As last reported |
| Kunal Garg | Director | 27 Jan 2009 | 17 Years 9 Months | As last reported |
| Aditya Garg | Director | 02 May 2012 | 14 Years 6 Months | As last reported |
Peer comparison
Standard Ventures Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Chemical 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 |
|---|---|---|---|---|---|---|
| S.B. Distributors Limited | ₹13,687 (FY 2025) | -83.0% | New Delhi, Delhi, India | |||
| Miracle Moringa and Sustainable Agriculture Limited | ₹13,609 (FY 2025) | -99.0% | Ahmedabad, Gujarat, India | |||
| Standard Ventures Limitedthis company | ₹13,231 (FY 2023) | -₹2.52 Lakh | -19.0% | Kanpur, Uttar Pradesh, India | ||
| Excell Chemicals Private Limited | ₹12,700 (FY 2025) | -59.0% | Mumbai, Maharashtra, India | |||
| Siscon Biosolutions Private Limited | ₹12,500 (FY 2025) | -99.0% | Chennai, Tamil Nadu, India | |||
| Ishir Pharmaceuticals Private Limited | ₹12,000 (FY 2023) | 76.0% | New Delhi, Delhi, India |
To see the full peer comparison of Standard Ventures Limited, buy the company report.
Auditor
Standard Ventures Limited is audited by Agarwal & Saxena for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal & Saxena | FY 2023 | 002405C |
Shareholding
The shareholding of Standard Ventures Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Standard Ventures Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2008 | 10099115 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Standard Ventures Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Standard Ventures Limited has 2 court cases on record: 2 filed by Standard Ventures. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kanpur Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and Others | Disposed |
To see the full case history of Standard 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 Standard Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Standard Ventures has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Standard Ventures Limited, buy the company report.
Recent activity
Standard Ventures Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Pawan Kumar Garg ceased to be Director on 01 Oct 2014.
3 earlier events are in the company report.
Frequently asked questions
Standard Ventures 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.
Standard Ventures is a company under liquidation, formerly operating as a public limited company based in Kanpur, Uttar Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 24 March 1981 and is registered under CIN U65993UP1981PLC009334. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Standard Ventures has 3 current directors:
- Rakesh Kumar Garg - Director
- Kunal Garg - Director
- Aditya Garg - Director
The latest financial statements of Standard Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Standard Ventures is U65993UP1981PLC009334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Standard Ventures has no open charges and satisfied charges of ₹2 Cr as per latest MCA filings.
Standard Ventures has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Standard Ventures was incorporated on 24 March 1981. It is registered with the Registrar of Companies, Kanpur.
The peers of Standard Ventures by revenue are S.B. Distributors Limited, Miracle Moringa and Sustainable Agriculture Limited, Excell Chemicals Private Limited, Siscon Biosolutions Private Limited, Ishir Pharmaceuticals Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Pawan Kumar Garg ceased to be Director on 01 Oct 2014. Rakesh Kumar Garg was appointed as Director on 25 Aug 2014. Aditya Garg ceased to be Additional Director on 28 Aug 2013. Standard Ventures has 10 board changes on record in total.
The registered office of Standard Ventures is at 826 Arya Nagar, India, Kanpur, Uttar Pradesh, India – 208002.
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