SVP Textiles Ventures Private Limited
About SVP Textiles Ventures Private Limited
Data last updated:
SVP Textiles Ventures Private Limited is a private limited company based in Nalasopara West, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 21 January 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52322MH2012PTC226321.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rare Multitrading Private Limited. It is led by directors Gopal Lohia and Dinesh Gopaldas Ashar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No 7 G Wing Vini Heights Opposite Manthan Hotel, Nalasopara West, Maharashtra, India – 401203.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has open charges of ₹618.52 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2012. Its 3 peer companies in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is CH. Sidhu Ram Saigal Private Limited with revenue of ₹1,940.
Company details
Contact details
SVP Textiles Ventures Private Limited's registered office is in Nalasopara West, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 7 G Wing Vini Heights Opposite Manthan Hotel, Nalasopara West, Maharashtra, India – 401203
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of SVP Textiles Ventures Private 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 SVP Textiles Ventures Private Limited
FY 2024 filings availableSVP Textiles Ventures Private Limited reported revenue of ₹1,803 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of SVP Textiles Ventures Private Limited, buy the company report.
Board of directors of SVP Textiles Ventures Private Limited
SVP Textiles Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Gopaldas Ashar Also directs: Aswinikrishnaa Textile Private Limited, The Ooty Mills Private Limited, Red Maple Mercantile Limited and 1 more | Additional Director | 13 Feb 2012 | 14 Years 8 Months | As last reported |
| Gopal Lohia Also directs: Aswinikrishnaa Textile Private Limited, The Ooty Mills Private Limited, Red Maple Mercantile Limited and 5 more | Director | 01 Mar 2024 | 2 Years 7 Months | As last reported |
Peer comparison
SVP Textiles Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), 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 |
|---|---|---|---|---|---|---|
| CH. Sidhu Ram Saigal Private Limited | ₹1,940 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Ghaziabad Wood Seasoning Private Limited | ₹1,937 (FY 2025) | 2518.0% | Delhi, India | |||
| SVP Textiles Ventures Private Limitedthis company | ₹1,803 (FY 2024) | Nalasopara West, Maharashtra, India | ||||
| Anuttama Textiles Private Limited | ₹1,785 (FY 2017) | -7.0% | Birbhum, West Bengal, India |
To see the full peer comparison of SVP Textiles Ventures Private Limited, buy the company report.
Auditor
SVP Textiles Ventures Private Limited is audited by KSPM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KSPM & ASSOCIATES | FY 2023 | 104723W |
Shareholding
The shareholding of SVP Textiles Ventures Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
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To see the full shareholding pattern of SVP Textiles Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2019 | 100305319 | State Bank of India | ₹413 Cr | Open | |
| 25 Mar 2013 | 10418015 | Indian Overseas Bank | ₹205.52 Cr | Open |
To see the full charge records of SVP Textiles Ventures Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
SVP Textiles Ventures Private Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
SVP Textiles Ventures Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of Maharashtra Through Mr Shailesh Ghule | Pending |
| District court, Jhalawar, Rajasthan | Civil miscellaneous application | Filed against the company by Punjab National Bank | Disposed |
To see the full case history of SVP Textiles Ventures Private 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 SVP Textiles Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SVP Textiles Ventures has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aswinikrishnaa Textile Private Limited | U17111TZ2008PTC014199 | |
| Helios Exports Limited | U52206MH2013PLC242631 | |
| Helios Mercantile Limited | U52399MH2010PLC201977 |
To see the full group structure of SVP Textiles Ventures Private Limited, buy the company report.
GST
No GST registration is on our record for SVP Textiles Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SVP Textiles Ventures Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Gopal Lohia ceased to be Additional Director on 25 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
SVP Textiles Ventures is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
SVP Textiles Ventures is a company under insolvency, formerly operating as a private limited company based in Nalasopara West, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 21 January 2012 and is registered under CIN U52322MH2012PTC226321. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
SVP Textiles Ventures has 2 current directors:
- Dinesh Gopaldas Ashar - Additional Director
- Gopal Lohia - Director
The latest financial statements of SVP Textiles Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of SVP Textiles Ventures is U52322MH2012PTC226321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SVP Textiles Ventures has open charges of ₹618.52 Cr and no satisfied charges on record as per latest MCA filings.
SVP Textiles Ventures has 2 court cases on record: 2 filed against it. 1 is pending.
SVP Textiles Ventures was incorporated on 21 January 2012. It is registered with the Registrar of Companies, Mumbai.
SVP Textiles Ventures has 1 deal on record (1 secondary share transfer); the latest was in March 2012.
The peers of SVP Textiles Ventures by revenue are CH. Sidhu Ram Saigal Private Limited, Ghaziabad Wood Seasoning Private Limited, Anuttama Textiles Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading).
Gopal Lohia ceased to be Additional Director on 25 Sep 2024. Gopal Lohia was appointed as Director on 01 Mar 2024. Hari Babu ceased to be Additional Director on 01 Mar 2024. SVP Textiles Ventures has 8 board changes on record in total.