About Venkart E-Com Private Limited
Data last updated:
Venkart E-Com Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 05 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74120TG2012PTC079500. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors Nehru Babu Mamidi and Janaki Chakravarthi Byra.
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 Suite # 101 Plot No.Hig – 74 HUDA Colony Tanesha Nagar Pokalwada Manokinda, Hyderabad, Telangana, India – 500089.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.73 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹63.99 Lakh and EBITDA of -₹50.89 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 68% over five years.
The company is associated with 1 brand: LensPick. As per MCA filings, the company has open charges of ₹2.74 Cr and satisfied charges of ₹70 Lakh on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in September 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lenspick.com.
Company details
CIN history
Venkart E-Com has one previous CIN (Corporate Identification Number): U74120AP2012PTC079500. The current CIN is U74120TG2012PTC079500, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120TG2012PTC079500 | Current |
| U74120AP2012PTC079500 | Previous |
Contact details
Venkart E-Com Private Limited's registered office is in Hyderabad, Telangana. Its website is lenspick.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressSuite # 101 Plot No.Hig – 74 HUDA Colony Tanesha Nagar Pokalwada Manokinda, Hyderabad, Telangana, India – 500089
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Venkart E-Com 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
Brands
Venkart E-Com operates one associated brand: LensPick. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Private label eyewear is retailed online and offline by LensPick. | lenspick.com |
Business activity
The main business activity of Venkart E-Com is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Venkart E-Com Private Limited, buy the company report.
Financials of Venkart E-Com Private Limited
FY 2024 filings availableVenkart E-Com Private Limited reported revenue of ₹2.73 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 68%. EBITDA fell 524% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹50.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹63.99 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 Venkart E-Com Private Limited, buy the company report.
Board of directors of Venkart E-Com Private Limited
Venkart E-Com has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nehru Babu Mamidi Also directs: Value Pharma Holistic Remedies Private Limited | Director | 02 Jan 2024 | 2 Years 9 Months | Current |
| Janaki Chakravarthi Byra | Director | 24 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Venkart E-Com Private Limited is audited by P R VARMA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R VARMA & CO | FY 2023 | 251159 |
Shareholding
The shareholding of Venkart E-Com 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.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Venkart E-Com Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 May 2024 | 100941281 | Others | ₹2.65 Cr | Open | |
| 11 Feb 2022 | 100558998 | Hdfc Bank Limited | ₹8.64 Lakh | Open | |
| 11 Sep 2014 | 10520803 | Bank of Baroda | ₹70 Lakh | Satisfied |
To see the full charge records of Venkart E-Com Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Venkart E-Com Private Limited has 1 deal on record (1 acquisition); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Acquisition | ₹3.35 Cr | Buyer: Scadea Solutions Inc. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Venkart E-Com Private Limited has 4 court cases on record: 4 filed by Venkart E-Com. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 4 |
Cases on record (1 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Assistant Commissioner of State Tax and 3 others | Pending |
To see the full case history of Venkart E-Com 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 Venkart E-Com Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Venkart E-Com 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 Venkart E-Com Private Limited, buy the company report.
Recent activity
Venkart E-Com Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Dileep Byra Chakravarthy ceased to be Director on 04 Jan 2024.
Frequently asked questions
Venkart E-Com is an active private limited company based in Hyderabad, Telangana, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 05 March 2012 (14+ years old) and is registered under CIN U74120TG2012PTC079500.
Venkart E-Com has 2 current directors:
- Nehru Babu Mamidi - Director
- Janaki Chakravarthi Byra - Director
The latest financial statements of Venkart E-Com 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.
No. Venkart E-Com has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Venkart E-Com is U74120TG2012PTC079500. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkart E-Com has 4 court cases on record: 4 filed by the company. 4 are pending.
Venkart E-Com was incorporated on 05 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Hyderabad.
Venkart E-Com has 1 deal on record (1 acquisition); the latest was in September 2016.
Dileep Byra Chakravarthy ceased to be Director on 04 Jan 2024. Nehru Babu Mamidi was appointed as Director on 02 Jan 2024. Janaki Chakravarthi Byra ceased to be Additional Director on 29 Sep 2014. Venkart E-Com has 5 board changes on record in total.
Venkart E-Com can be reached through the website lenspick.com. Its registered office is in Hyderabad, Telangana, India.