V. R. N. Enterprises Private Limited
About V. R. N. Enterprises Private Limited
Data last updated:
V. R. N. Enterprises Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Lotus Goods Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17111KA2004PTC033705. Its GSTIN is 29AABCV8464H1ZU (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹63.4 Lakh. It was formerly known as V.R.N. Exports Private Limited. It is led by directors Lalit Kumar and Hemant Kumar.
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 No – 95 1st Floor J.M.Road, Bangalore, Karnataka, India – 560002.
As per the financials filed for FY 2016, the company reported a revenue of ₹77.18 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.56 Lakh (net margin 0.1%) and EBITDA of ₹2.96 Cr (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹28 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
V. R. N. Enterprises Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo – 95 1st Floor J.M.Road, Bangalore, Karnataka, India – 560002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of V. R. N. Enterprises 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
Business activity
The main business activity of V. R. N. Enterprises 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 V. R. N. Enterprises Private Limited, buy the company report.
Financials of V. R. N. Enterprises Private Limited
FY 2016 filings availableV. R. N. Enterprises Private Limited reported revenue of ₹77.18 Cr (down 17% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year. EBITDA fell 13% 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 | ₹77.18 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.96 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10.56 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 | 3.8% | |
| Net Profit Margin | 0.1% | |
| 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 V. R. N. Enterprises Private Limited, buy the company report.
Board of directors of V. R. N. Enterprises Private Limited
V. R. N. Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar | Director | 06 Apr 2004 | 22 Years 6 Months | Current |
| Hemant Kumar | Director | 15 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
V. R. N. Enterprises Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Textile 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 |
|---|---|---|---|---|---|---|
| Ompitra Fabtrade Private Limited | ₹78.9 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| S.G.M. Textiles Private Limited | ₹78.34 Cr (FY 2025) | -15.0% | Coimbatore, Tamil Nadu, India | |||
| Torbee Retail Private Limited | ₹78.2 Cr (FY 2019) | 42.0% | Bhiwandi, Maharashtra, India | |||
| Stitex Global Limited | ₹77.69 Cr (FY 2018) | -41.0% | Ahmedabad, Gujarat, India | |||
| Shree Salasar Holdings Private Limited | ₹77.67 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| V. R. N. Enterprises Private Limitedthis company | ₹77.18 Cr (FY 2016) | ₹10.56 Lakh | 0.1% | -17.0% | Bangalore, Karnataka, India | |
| MBM Textiles Private Limited | ₹76.92 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| KCK Industries Limited | ₹76.89 Cr (FY 2024) | -19.0% | Chandigarh, India | |||
| Shyam Cotspin Private Limited | ₹76.55 Cr (FY 2025) | -23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of V. R. N. Enterprises Private Limited, buy the company report.
Auditor
V. R. N. Enterprises Private Limited is audited by JAIPURIAR & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIPURIAR & CO | FY 2016 | 121805W |
Shareholding
The shareholding of V. R. N. Enterprises Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of V. R. N. Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Apr 2013 | 10470498 | State Bank of Mysore | ₹20 Cr | Open | |
| 17 Sep 2012 | 10384770 | State Bank of Mysore | ₹4 Cr | Open | |
| 17 Sep 2012 | 10384779 | State Bank of Mysore | ₹4 Cr | Open |
Total charge records: 3 View all charges
Legal cases
V. R. N. Enterprises Private Limited has 4 court cases on record: 2 filed by V. R. N. Enterprises, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Ms. Agromore P Ltd. and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by State Bank of India Rep by T.Ajay Kumar | Disposed |
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by M S S and S Interbuild Pvt Ltd. | Disposed |
To see the full case history of V. R. N. Enterprises 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.
Credit ratings & regulatory alerts
V. R. N. Enterprises Private Limited was last rated by Crisil on 30 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Nov 2020 |
To see the full credit ratings and regulatory alerts of V. R. N. Enterprises Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V. R. N. Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V. R. N. Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCV8464H1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of V. R. N. Enterprises Private Limited, buy the company report.
Recent activity
V. R. N. Enterprises Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Ashok Kumar Shroff ceased to be Director on 10 Feb 2009.
Frequently asked questions
V. R. N. Enterprises is an active private limited company based in Bangalore, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 April 2004 (22+ years old) and is registered under CIN U17111KA2004PTC033705.
V. R. N. Enterprises has 2 current directors:
- Lalit Kumar - Director
- Hemant Kumar - Director
The latest financial statements of V. R. N. Enterprises 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.
The GSTIN of V. R. N. Enterprises is 29AABCV8464H1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of V. R. N. Enterprises is U17111KA2004PTC033705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V. R. N. Enterprises has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
V. R. N. Enterprises was incorporated on 06 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of V. R. N. Enterprises by revenue are Ompitra Fabtrade Private Limited, S.G.M. Textiles Private Limited, Torbee Retail Private Limited, Stitex Global Limited, Shree Salasar Holdings Private Limited and 3 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Ashok Kumar Shroff ceased to be Director on 10 Feb 2009. Binod Kumar Goenka ceased to be Director on 10 Feb 2009. Hemant Kumar was appointed as Director on 15 Jul 2006. V. R. N. Enterprises has 4 board changes on record in total.
The registered office of V. R. N. Enterprises is at No – 95 1st Floor J.M.Road, Bangalore, Karnataka, India – 560002.
V. R. N. Enterprises operates in the home and lifestyle industry, in the textile retail and distribution segment.