Venkatesa Agency Private Limited
About Venkatesa Agency Private Limited
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Venkatesa Agency Private Limited is a private limited company based in Pollachi, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U52609TZ2017PTC028801. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Sathish Maheshwari and Jaganathan Sathish.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 58/67 Alagappa Lay Out Venkatesa Colony, Pollachi, Tamil Nadu, India – 642001.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.41 Cr. For the same year it recorded a net profit of ₹1.09 Lakh (net margin 0.2%) and EBITDA of ₹12.94 Lakh (EBITDA margin 2.9%).
As per MCA filings, the company has open charges of ₹1.42 Cr on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Venkatesa Agency Private Limited's registered office is in Pollachi, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58/67 Alagappa Lay Out Venkatesa Colony, Pollachi, Tamil Nadu, India – 642001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Venkatesa Agency 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 Venkatesa Agency 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 Venkatesa Agency Private Limited, buy the company report.
Financials of Venkatesa Agency Private Limited
FY 2019 filings availableVenkatesa Agency Private Limited reported revenue of ₹4.41 Cr for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹4.41 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹12.94 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹1.09 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 2017-18 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.9% |
| Net Profit Margin | 0.2% |
| 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 Venkatesa Agency Private Limited, buy the company report.
Board of directors of Venkatesa Agency Private Limited
Venkatesa Agency has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sathish Maheshwari | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
| Jaganathan Sathish | Director | 17 Apr 2017 | 9 Years 6 Months | Current |
Peer comparison
Venkatesa Agency Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Gemini Hitech Distribution India Private Limited | ₹4.42 Cr (FY 2019) | -30.0% | New Delhi, Delhi, India | |||
| Hue Exim Private Limited | ₹4.42 Cr (FY 2024) | 50.0% | Siliguri, West Bengal, India | |||
| Venkatesa Agency Private Limitedthis company | ₹4.41 Cr (FY 2018) | ₹1.09 Lakh | 0.2% | Pollachi, Tamil Nadu, India | ||
| Apex Comnet Private Limited | ₹4.41 Cr (FY 2024) | 73.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Venkatesa Agency Private Limited, buy the company report.
Shareholding
The shareholding of Venkatesa Agency Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Venkatesa Agency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2017 | 100132147 | Others | ₹1.42 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Venkatesa Agency Private Limited has 14 court cases on record: 2 filed by Venkatesa Agency, 12 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| District court, Coimbatore, Tamil Nadu | Execution petition | Filed against the company by Bajaj Finance Limited | Disposed |
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by K.K. and Co Rep by Its Partner K. Madheswaran | Disposed |
To see the full case history of Venkatesa Agency 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 Venkatesa Agency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Venkatesa Agency 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 Venkatesa Agency Private Limited, buy the company report.
Recent activity
Venkatesa Agency Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Jaganathan Sathish was appointed as Director on 17 Apr 2017.
Frequently asked questions
Venkatesa Agency is an active private limited company based in Pollachi, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 April 2017 (9+ years old) and is registered under CIN U52609TZ2017PTC028801.
Venkatesa Agency has 2 current directors:
- Sathish Maheshwari - Director
- Jaganathan Sathish - Director
The latest financial statements of Venkatesa Agency on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2018 are in the company report.
No. Venkatesa Agency has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Venkatesa Agency is U52609TZ2017PTC028801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Venkatesa Agency has 14 court cases on record: 2 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Venkatesa Agency was incorporated on 17 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Venkatesa Agency by revenue are Gemini Hitech Distribution India Private Limited, Hue Exim Private Limited, Apex Comnet Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Jaganathan Sathish was appointed as Director on 17 Apr 2017. Sathish Maheshwari was appointed as Director on 17 Apr 2017.
The registered office of Venkatesa Agency is at 5867 Alagappa Lay Out Venkatesa Colony, Pollachi, Tamil Nadu, India – 642001.
Venkatesa Agency operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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