Venus Formations Private Limited

Venus Formations Private Limited - textile in Chandigarh, India. Directors, charges & compliance details.
CIN U17309CH2018PTC042098 Incorporated 03 August 2018 ROC Chandigarh HQ Chandigarh, India
Active Private Limited Company textile
Data last updated
Revenue · FY 2019
₹12.62 Lakh
Latest filing
Net loss · FY 2019
₹3.25 Lakh
Net margin -25.8%
EBITDA · FY 2019
-₹3.25 Lakh
EBITDA margin -25.8%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹41.3 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
75
Provident fund records

About Venus Formations Private Limited

Data last updated:

Venus Formations Private Limited is a private limited company based in Chandigarh, India, recognised as a startup by DPIIT. It operates in the knitted textile segment of the textiles sector. It was incorporated on 03 August 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17309CH2018PTC042098.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Saroj Sharma and Siddharth Sharma.

Its last annual general meeting (AGM) was held on 30 June 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at House No. 1123 Hig Lower Sector – 43 B, Chandigarh, India – 160043.

As per the financials filed for FY 2019, the company reported a revenue of ₹12.62 Lakh. For the same year it recorded a net loss of ₹3.25 Lakh (net margin -25.8%) and EBITDA of -₹3.25 Lakh (EBITDA margin -25.8%).

The company has about 75 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹41.3 Lakh on record.

Company Details of Venus Formations Private Limited
CIN U17309CH2018PTC042098
Registration Number 042098
Incorporation Date 03 August 2018
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2019
Date of Balance Sheet 31 March 2019
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    House No. 1123 Hig Lower Sector – 43 B, Chandigarh, India – 160043
  • Industry
    Textile, Knitted Textile, Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Venus Formations Private Limited in one report.

Financials from FY 2019 Directors & ownership Charges & compliance

Business Activity of Venus Formations Private Limited

The main business activity of Venus Formations is manufacturing. In detail, this covers textile, leather and other apparel products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC2Textile, leather and other apparel productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
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Financials of Venus Formations Private Limited FY 2019 filings available

Venus Formations Private Limited reported revenue of ₹12.62 Lakh for FY 2019.

Revenue · FY 2019
₹12.62 Lakh
Net loss · FY 2019
₹3.25 Lakh margin -25.8%
EBITDA · FY 2019
-₹3.25 Lakh margin -25.8%

Financial Statement Summary of Venus Formations Private Limited

MetricsFY 2018-19
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-₹3.25 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)-₹3.25 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 of Venus Formations Private Limited

MetricsFY 2018-19
Profitability
EBITDA Margin-25.8%
Net Profit Margin-25.8%
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 Venus Formations are in the company report.

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Financial statements from FY 2019

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
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Peer Comparison of Venus Formations Private Limited

Venus Formations Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Textile, leather and other apparel products). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Naariy Ecommerce Ventures Private Limited₹12.67 Lakh (FY 2023)••••••••••••New Delhi, Delhi, India
Elbas Fashions Private Limited₹12.66 Lakh (FY 2025)••••••••17.0%••••New Delhi, Delhi, India
Design and Craft Vesture Private Limited₹12.66 Lakh (FY 2018)••••••••406.0%••••Chennai, Tamil Nadu, India
Nirmana Retail Private Limited₹12.65 Lakh (FY 2025)••••••••14.0%••••Navsari, Gujarat, India
Keerthy Rotorspin Mills Private Limited₹12.63 Lakh (FY 2024)••••••••20.0%••••Coimbatore, Tamil Nadu, India
Venus Formations Private Limited this company₹12.62 Lakh (FY 2019)••••••••••••Chandigarh, India
Stylon Fashion & Designing Private Limited₹12.61 Lakh (FY 2020)••••••••29.0%••••Patna, Bihar, India
Nisan Impex Private Limited₹12.61 Lakh (FY 2025)••••••••-25.0%••••Ahmedabad, Gujarat, India
RGTS Home Furnishing India Private Limited₹12.59 Lakh (FY 2018)••••••••-70.0%••••Panipat, Haryana, India
Mystical Rose Clothing Private Limited₹12.58 Lakh (FY 2020)••••••••••••Gautam Budh Nagar, Uttar Pradesh, India
Pandiyan Textiles Private Limited₹12.57 Lakh (FY 2025)••••••••20.0%••••K K Nagar Madurai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Venus Formations by revenue in the same principal business activity (Textile, leather and other apparel products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Venus Formations Private Limited

Venus Formations has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saroj SharmaDirector09 Sep 20197 Years 1 MonthsCurrent
Siddharth SharmaDirector03 Aug 20188 Years 2 MonthsCurrent

Charges & Borrowings of Venus Formations Private Limited

Open charges
₹41.3 Lakh
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹0.41 Cr
Latest charge details
DateLenderAmountStatus
30 Jun 2020Canara Bank₹40 LakhOpen
20 Jun 2020Canara Bank₹1.3 LakhOpen

Total charge records: 2 View all charges

Employees and EPFO Compliance at Venus Formations Private Limited

Employment history and EPFO contributions of people linked to Venus Formations.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
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  • Establishment history

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Recent Activity on Venus Formations Private Limited

Venus Formations Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Sandeep Kaushik ceased to be Director on 09 Sep 2019.

Charges
A charge with Canara Bank amounted to Rs. 40.00 Lakh with Charge ID 100353226 was registered on 30 Jun 2020.
Charges
A charge with Canara Bank amounted to Rs. 1.30 Lakh with Charge ID 100353816 was registered on 20 Jun 2020.
Ceased
Sandeep Kaushik ceased to be Director.
Appointed
Saroj Sharma was appointed as Director.
AGM
Venus Formations Private Limited last Annual general meeting of members was held on 30 Jun 2019 as per latest MCA records.
Filing
Venus Formations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chandigarh.
Appointed
Siddharth Sharma was appointed as Director.
Incorporation
03 Aug 2018
Venus Formations Private Limited was registered on 03 Aug 2018 with Roc Chandigarh & aged 8 years 2 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Venus Formations Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Venus Formations Private Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Venus Formations Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Venus Formations Private Limited

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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Venus Formations Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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  • Annual returns and statements
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Frequently Asked Questions about Venus Formations Private Limited

Venus Formations is an active private limited company based in Chandigarh, India. The company works in knitted textile, within the textile industry. It was incorporated on 03 August 2018 (8+ years old) and is registered under CIN U17309CH2018PTC042098.

Venus Formations reported revenue of ₹12.62 Lakh for FY 2019.

Venus Formations has 2 current directors:

Venus Formations reported a net loss of ₹3.25 Lakh (net margin -25.8%) and EBITDA of -₹3.25 Lakh (EBITDA margin -25.8%) for FY 2019, as per its filed financial statements.

The CIN (Corporate Identification Number) of Venus Formations is U17309CH2018PTC042098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Venus Formations was incorporated on 03 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Venus Formations by revenue are Naariy Ecommerce Ventures Private Limited, Elbas Fashions Private Limited, Design and Craft Vesture Private Limited, Nirmana Retail Private Limited, Keerthy Rotorspin Mills Private Limited and 5 more, all in the same principal business activity (Textile, leather and other apparel products).

Sandeep Kaushik ceased to be Director on 09 Sep 2019. Saroj Sharma was appointed as Director on 09 Sep 2019. Siddharth Sharma was appointed as Director on 03 Aug 2018.

Yes, Venus Formations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Venus Formations is at House No. 1123 Hig Lower Sector – 43 B, Chandigarh, India – 160043.

Venus Formations has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

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