About V2 Retail Limited
Data last updated:
V2 Retail Limited is a public limited company based in New, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 23 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L74999DL2001PLC147724. Its GSTIN is 07AABCV5632P1ZV (Delhi). The company holds 28 GST registrations, of which 21 are active. Its shares are listed on BSE: 532867 and NSE: V2RETAIL.
The company has an authorised share capital of ₹45.84 Cr and a paid-up capital of ₹36.46 Cr. It was formerly known as Vishal Retail Limited and Vishal Retail Private Limited. It is led by directors including Ram Chandra Agarwal (Managing Director) and Uma Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Khasra No. 928 Extended Lal Dora Abadi Village Kapashera Tehsil Vasant Vihar, New, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,891.46 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹72.03 Cr (net margin 3.8%) and EBITDA of ₹264.78 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years.
The company has about 2,742 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: V2-Retail. As per MCA filings, the company has open charges of ₹156.33 Cr and satisfied charges of ₹1,021.92 Cr on record. Court records list 304 cases involving the company, including 118 filed by the company and 165 filed against it; 43 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website v2retail.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKhasra No. 928 Extended Lal Dora Abadi Village Kapashera Tehsil Vasant Vihar, New, Delhi, India – 110037
- IndustryFashion and Textile, Fashion Retail
- 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
- One PDF report, delivered after checkout
Name History of V2 Retail Limited
V2 Retail has undergone 2 name changes throughout its history. The company was previously known as Vishal Retail Limited, and Vishal Retail Private Limited. The current legal name is V2 Retail Limited.
| Company Name | Status |
|---|---|
| V2 Retail Limited | Current |
| Vishal Retail Limited | Previous |
| Vishal Retail Private Limited | Previous |
CIN History of V2 Retail Limited
V2 Retail has one previous CIN (Corporate Identification Number): U74999DL2001PLC147724. The current CIN is L74999DL2001PLC147724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999DL2001PLC147724 | Current |
| U74999DL2001PLC147724 | Previous |
Associated Brands with V2 Retail Limited
V2 Retail operates one associated brand: V2-Retail. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A chain of apparel stores is operated in India. | v2retail.com |
Business Activity of V2 Retail Limited
The main business activity of V2 Retail is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of V2 Retail Limited
V2 Retail Limited is audited by Singhi & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singhi & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of V2 Retail Limited
V2 Retail has 6 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uma Agarwal | Whole-Time Director | 23 Jul 2001 | 25 Years 2 Months | Current |
| Akash Agarwal Also directs: V2 Smart Manufacturing Private Limited, V2 Conglomerate Limited, Regrow International Private Limited and 2 more | Whole-Time Director | 29 Sep 2017 | 9 Years 0 Months | Current |
| Arun Kumar Roopanwal | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
| Ram Chandra Agarwal Also directs: V2 Smart Manufacturing Private Limited, Ricon Commodities Pvt.Ltd., VRL Retailer Business Solutions Private Limited and 1 more | Managing Director | 23 Jul 2001 | 25 Years 2 Months | Current |
| Archana Surendra Yadav Also directs: V2 Smart Manufacturing Private Limited, Lyka Labs Limited, Systematic Industries Limited and 1 more | Director | 27 Jan 2020 | 6 Years 8 Months | Current |
| Srinivas Anand Mannava | Director | 10 Feb 2023 | 3 Years 7 Months | Current |
Financials of V2 Retail Limited FY 2025 filings available
V2 Retail Limited reported revenue of ₹1,891.46 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of V2 Retail Limited
Revenue has grown at a compounded annual rate (CAGR) of 43% over three years, including 61% growth in the latest year. EBITDA rose 70% 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 of V2 Retail Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1,891.46 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹264.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹72.03 Cr | •••• | •••• | •••• | •••• |
| 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 of V2 Retail Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of V2 Retail are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of V2 Retail Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of V2 Retail Limited
V2 Retail has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| V2 Smart Manufacturing Private Limited | U18209DL2019PTC356730 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of V2 Retail Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2026 | Hdfc Bank Limited | ₹7 Cr | Open |
| 03 Feb 2026 | Others | ₹69.9 Lakh | Open |
| 20 Jan 2026 | Axis Bank Limited | ₹7.04 Cr | Open |
| 27 Aug 2025 | Hdfc Bank Limited | ₹3.45 Cr | Open |
| 02 May 2025 | Others | ₹50 Cr | Open |
Total charge records: 37 View all charges
Employees and EPFO Compliance at V2 Retail Limited
V2 Retail Limited has a workforce of 2,742 employees as of Jul 18, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of V2 Retail Limited
V2 Retail has 28 GST registrations: 21 active and 7 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCV5632P1ZV | Delhi | Active | 01 Jul 2017 |
| 07AABCV5632P2ZU | Delhi | Active | 09 Aug 2017 |
| 02AABCV5632P1Z5 | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AABCV5632P1ZZ | Uttarakhand | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of V2 Retail Limited
V2 Retail Limited has 304 court cases on record: 118 filed by V2 Retail, 165 filed against it, 21 where it is another party. 43 cases are pending and 261 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 174 | 124 | 27 |
| High courts | 129 | 41 | 16 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 304)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed by the company against Minosha India Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil suit | Filed against the company by Shakti Merchant Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by H.P.Cotton Casuals Private Limited | Pending |
| Bombay High Court | Court case (LPETN) | Filed against the company by Megan Impex Private Limited | Pending |
| District court, South West, Delhi | Court case (M.Ex) | Filed against the company by Minosha Print Solutions Private Limited | Disposed |
Full case history
All 304 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for V2 Retail Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by V2 Retail Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of V2 Retail Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of V2 Retail Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on V2 Retail Limited
Recent News on V2 Retail Limited
Frequently Asked Questions about V2 Retail Limited
V2 Retail is an active public limited company based in New, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 23 July 2001 (25+ years old) and is registered under CIN L74999DL2001PLC147724. Listed on BSE: 532867 and NSE: V2RETAIL.
V2 Retail reported revenue of ₹1,891.46 Cr for FY 2025 (up 61% YoY).
V2 Retail has 6 current directors:
- Ram Chandra Agarwal - Managing Director
- Uma Agarwal - Whole-Time Director
- Akash Agarwal - Whole-Time Director
- Arun Kumar Roopanwal - Director
- Archana Surendra Yadav - Director
- Srinivas Anand Mannava - Director
V2 Retail reported a net profit of ₹72.03 Cr (net margin 3.8%) and EBITDA of ₹264.78 Cr (EBITDA margin 14%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of V2 Retail is 43% over three years. In the latest year (FY 2025) revenue rose 61%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of V2 Retail is 07AABCV5632P1ZV, registered in Delhi. The company has 28 GST registrations in all, of which 21 are active and 7 are cancelled or inactive. Other active GSTINs include 07AABCV5632P2ZU (Delhi), 02AABCV5632P1Z5 (Himachal Pradesh), 05AABCV5632P1ZZ (Uttarakhand).
The CIN (Corporate Identification Number) of V2 Retail is L74999DL2001PLC147724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. V2 Retail is listed on both BSE (code: 532867) and NSE (symbol: V2RETAIL).
V2 Retail has 304 court cases on record: 118 filed by the company and 165 filed against it. 43 are pending. Most are in the district courts.