V2 Lifestyles Private Limited
About V2 Lifestyles Private Limited
Data last updated:
V2 Lifestyles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 16 November 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51100MH2010PTC210120. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sujata Vinod Karnani and Sangeeta Manoj Karnani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 617 C – Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.02 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹4.92 Lakh (net margin 81.8%) and EBITDA of ₹5.76 Lakh (EBITDA margin 95.7%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 25% over five years.
As per MCA filings, the company had satisfied charges of ₹5 Lakh on record.
Company details
CIN history
V2 Lifestyles has one previous CIN (Corporate Identification Number): U74120MH2010PTC210120. The current CIN is U51100MH2010PTC210120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100MH2010PTC210120 | Current |
| U74120MH2010PTC210120 | Previous |
Contact details
V2 Lifestyles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address617 C – Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of V2 Lifestyles 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 V2 Lifestyles Private Limited
FY 2022 filings availableV2 Lifestyles Private Limited reported revenue of ₹6.02 Lakh (down 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 8% fall in the latest year. EBITDA rose 212% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹5.76 Lakh | ||||
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| Net Profit (PAT) | ₹4.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 95.7% | ||||
| Net Profit Margin | 81.8% | ||||
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To see the full financial statements and ratios of V2 Lifestyles Private Limited, buy the company report.
Board of directors of V2 Lifestyles Private Limited
V2 Lifestyles has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujata Vinod Karnani | Director | 30 Mar 2019 | 7 Years 6 Months | As last reported |
| Sangeeta Manoj Karnani | Director | 09 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
V2 Lifestyles Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nuovo Forza Impex Private Limited | ₹6.05 Lakh (FY 2024) | -33.0% | New Delhi, Delhi, India | |||
| G & G Fashions Private Limited | ₹6.05 Lakh (FY 2025) | 179.0% | Chandigarh, India | |||
| JN Agri Genetics Private Limited | ₹6.05 Lakh (FY 2023) | 262.0% | Kolkata, West Bengal, India | |||
| Double Ess Garments Private Limited | ₹6.05 Lakh (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| Pragya Metallizers Private Limited | ₹6.03 Lakh (FY 2025) | -31.0% | Ajmer, Rajasthan, India | |||
| V2 Lifestyles Private Limitedthis company | ₹6.02 Lakh (FY 2022) | ₹4.92 Lakh | 81.8% | -8.0% | Mumbai, Maharashtra, India | |
| Horde Sales Private Limited | ₹6.01 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Kraftloom E-Commerce Private Limited | ₹6 Lakh (FY 2021) | -52.0% | Indore, Madhya Pradesh, India | |||
| Bucatti Trading Private Limited | ₹6 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Ramatex Process House Private Limited | ₹6 Lakh (FY 2024) | -52.0% | Meerut, Uttar Pradesh, India | |||
| K.C.A. Textiles Private Limited | ₹6 Lakh (FY 2025) | 0.0% | Delhi, India |
To see the full peer comparison of V2 Lifestyles Private Limited, buy the company report.
Auditor
V2 Lifestyles Private Limited is audited by DINESH J MITTAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH J MITTAL & CO | FY 2020 |
Shareholding
The shareholding of V2 Lifestyles Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of V2 Lifestyles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2017 | 100102373 | Others | ₹5 Lakh | Satisfied |
To see the full charge records of V2 Lifestyles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving V2 Lifestyles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V2 Lifestyles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V2 Lifestyles 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 V2 Lifestyles Private Limited, buy the company report.
Recent activity
V2 Lifestyles Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Sujata Vinod Karnani ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
V2 Lifestyles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
V2 Lifestyles was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 16 November 2010 and is registered under CIN U51100MH2010PTC210120. The company has been struck off by the Registrar of Companies and is no longer operational.
V2 Lifestyles had 2 directors:
- Sujata Vinod Karnani - Director
- Sangeeta Manoj Karnani - Director
The CIN (Corporate Identification Number) of V2 Lifestyles is U51100MH2010PTC210120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of V2 Lifestyles is at 617 C – Wing 215 Atrium Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
V2 Lifestyles was incorporated on 16 November 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of V2 Lifestyles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. V2 Lifestyles has 1 GST registration on record and it is cancelled or inactive.
V2 Lifestyles operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
The peers of V2 Lifestyles by revenue are Nuovo Forza Impex Private Limited, G & G Fashions Private Limited, JN Agri Genetics Private Limited, Double Ess Garments Private Limited, Pragya Metallizers Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Sujata Vinod Karnani ceased to be Additional Director on 30 Sep 2019. Manoj Jagdishprasad Karnani ceased to be Director on 30 Mar 2019. Sujata Vinod Karnani was appointed as Director on 30 Mar 2019. V2 Lifestyles has 7 board changes on record in total.