About Vishal Mega Mart Private Limited
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Vishal Mega Mart Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Vishal Mega Mart Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 31 May 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909HR2010PTC052389. Its GSTIN is 06AAGCM7158Q1ZQ (Haryana). The company held 10 GST registrations, of which 7 are active.
The company had an authorised share capital of ₹660 Cr and a paid-up capital of ₹399.57 Cr. It was formerly known as Tpg Wholesale Private Limited and Micronet Infrastructure Private Limited. It was led by directors including Gunender Kapur (Managing Director) and Manas Tandon.
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 was at Plot No. 184 Fifth Floor Platinum Tower Udyog Vihar Phase – 1 Gurgaon – 122016, Haryana, India – 122016.
As per the financials filed for FY 2019, the company reported a revenue of ₹3,000.58 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net profit of ₹131.76 Cr (net margin 4.4%) and EBITDA of ₹233.55 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
The company had about 515 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹311.74 Cr on record. Court records list 94 cases involving the company, including 38 filed by the company and 56 filed against it; 17 cases are pending. The company has 17 deals on record (8 secondary share transfers, 3 funding rounds, 3 convertible or debt financings), with disclosed funding of ₹683.13 Cr; the latest was in November 2018. Its 3 peer companies in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Metro Cash and Carry India Limited with revenue of ₹10,649 Cr.
The last known website on record is myvishal.com.
Company details
Name history
Vishal Mega Mart has undergone 2 name changes throughout its history. The company was previously known as Tpg Wholesale Private Limited, and Micronet Infrastructure Private Limited. The current legal name is Vishal Mega Mart Private Limited.
| Company Name | Status |
|---|---|
| Vishal Mega Mart Private Limited | Current |
| Tpg Wholesale Private Limited | Previous |
| Micronet Infrastructure Private Limited | Previous |
CIN history
Vishal Mega Mart has one previous CIN (Corporate Identification Number): U51909MH2010PTC203551. The current CIN is U51909HR2010PTC052389, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909HR2010PTC052389 | Current |
| U51909MH2010PTC203551 | Previous |
Contact details
Vishal Mega Mart Private Limited's registered office is in Gurgaon, Haryana. Its website is myvishal.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No. 184 Fifth Floor Platinum Tower Udyog Vihar Phase – 1 Gurgaon – 122016, Haryana, India – 122016
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Vishal Mega Mart 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 Vishal Mega Mart 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 Vishal Mega Mart Private Limited, buy the company report.
Financials of Vishal Mega Mart Private Limited
FY 2019 filings availableVishal Mega Mart Private Limited reported revenue of ₹3,000.58 Cr (up 33% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over three years, including 33% growth in the latest year. EBITDA rose 30% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,000.58 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹233.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹131.76 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | 4.4% | ||||
| 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 Vishal Mega Mart Private Limited, buy the company report.
Board of directors of Vishal Mega Mart Private Limited
Vishal Mega Mart has 6 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunender Kapur Also directs: Vishal Mega Mart Limited, Wakefit Innovations Limited, Inner Essence Private Limited and 2 more | Managing Director | 01 Jun 2011 | 15 Years 4 Months | As last reported |
| Manas Tandon Also directs: Vishal Mega Mart Limited, Partners Group (India) Private Limited | Director | 26 Nov 2018 | 7 Years 10 Months | As last reported |
| John Thomson Wyatt | Director | 28 Mar 2019 | 7 Years 6 Months | As last reported |
| Nishant Sharma Also directs: Vishal Mega Mart Limited, Vishal E-Commerce Private Limited, Kedaara Capital Advisors LLP and 5 more | Director | 26 Nov 2018 | 7 Years 10 Months | As last reported |
| Walter Heinz Keller | Director | 28 Mar 2019 | 7 Years 6 Months | As last reported |
| Sanjeev Aga | Director | 26 Nov 2018 | 7 Years 10 Months | As last reported |
Peer comparison
Vishal Mega Mart Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), 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 |
|---|---|---|---|---|---|---|
| Metro Cash and Carry India Limited | ₹10,649 Cr (FY 2025) | 24.0% | Mumbai, Maharashtra, India | |||
| Wal-Mart India Private Limited | ₹5,374 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| Vishal Mega Mart Private Limitedthis company | ₹3,000.58 Cr (FY 2019) | ₹131.76 Cr | 4.4% | 33.0% | 515 | Gurgaon, Haryana, India |
| Ratnadeep Retail Private Limited | ₹1,989.78 Cr (FY 2025) | 18.0% | Telangana, India |
To see the full peer comparison of Vishal Mega Mart Private Limited, buy the company report.
Auditor
Vishal Mega Mart Private Limited is audited by B S R & CO LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2019 | 101248W |
Shareholding
The shareholding of Vishal Mega Mart Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vishal Mega Mart Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2011 | 10285080 | State Bank of India as Monitoring Institution | ₹311.74 Cr | Satisfied |
To see the full charge records of Vishal Mega Mart Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Vishal Mega Mart Private Limited has 17 deals on record (8 secondary share transfers, 3 funding rounds, 3 convertible or debt financings), with disclosed funding of ₹683.13 Cr; the latest was in November 2018.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Rights issue | ₹263.01 Cr | Investors: Vishal Mega Mart Limited (Jv Between Partners Group And Kedaara Capital) |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Pegasus Group Twelve Trust II, TPG Capital India, an individual Seller: HSBC BANK LTD., Pegasus Group Thirteen Trust- I, V2 Retail Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Kotak Mahindra Bank Seller: ING Vysysa Bank Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: V2 Retail Limited Seller: HDFC Bank Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: TPG Capital India Seller: Deutsche Asset Management (India) Private Limited , Dbs Bank Limited, Deutsche Bank Ag |
To see the full deal history of Vishal Mega Mart Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vishal Mega Mart Private Limited has 94 court cases on record: 38 filed by Vishal Mega Mart, 56 filed against it. 17 cases are pending and 77 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 48 | 14 |
| High courts | 31 | 7 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 94)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (OMP (COMM.)) | Filed by the company against Auradecor Pvt Ltd. | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by M/S Vipas Apparels LLP | Pending |
| District court, Central, Delhi | Court case (OMP (COMM.)) | Filed by the company against Auradecor Pvt. Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Amg Automart Private Limited | Disposed |
| District court, Srinagar, Jammu and Kashmir | Arbitration matter | Filed against the company by M/S Amg Automart Pvt Ltd | Disposed |
To see the full case history of Vishal Mega Mart 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 Vishal Mega Mart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vishal Mega Mart has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vishal E-Commerce Private Limited | U51101HR2014PTC054022 |
To see the full group structure of Vishal Mega Mart Private Limited, buy the company report.
Employees & EPFO
Vishal Mega Mart Private Limited has a workforce of 515 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Vishal Mega Mart has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCM7158Q1ZQ | Haryana | Active | 01 Jul 2017 |
| 02AAGCM7158Q1ZY | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AAGCM7158Q1ZS | Uttarakhand | Active | 01 Jul 2017 |
| 13AAGCM7158Q1ZV | Nagaland | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vishal Mega Mart Private Limited, buy the company report.
Recent activity
Vishal Mega Mart Private Limited has 27 board changes on record since 2010: 6 appointments and 21 cessations. The latest: John Thomson Wyatt ceased to be Additional Director on 30 Sep 2019.
20 earlier events are in the company report.
News
Frequently asked questions
Vishal Mega Mart has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vishal Mega Mart was a private limited company based in Gurgaon, Haryana, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 31 May 2010 and is registered under CIN U51909HR2010PTC052389. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vishal Mega Mart was incorporated on 31 May 2010. It is registered with the Registrar of Companies, Delhi.
Vishal Mega Mart had 6 directors:
- Gunender Kapur - Managing Director
- Manas Tandon - Director
- John Thomson Wyatt - Director
- Nishant Sharma - Director
- Walter Heinz Keller - Director
- Sanjeev Aga - Director
The CIN (Corporate Identification Number) of Vishal Mega Mart is U51909HR2010PTC052389. 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 Vishal Mega Mart is at Plot No. 184 Fifth Floor Platinum Tower Udyog Vihar Phase – 1 Gurgaon – 122016, Haryana, India – 122016.
Vishal Mega Mart can be reached through the website myvishal.com. Its registered office is in Gurgaon, Haryana, India.
The latest financial statements of Vishal Mega Mart 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 2015 are in the company report.
The GSTIN of Vishal Mega Mart is 06AAGCM7158Q1ZQ, registered in Haryana. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 02AAGCM7158Q1ZY (Himachal Pradesh), 05AAGCM7158Q1ZS (Uttarakhand), 13AAGCM7158Q1ZV (Nagaland).
Vishal Mega Mart operated in the e-commerce industry, in the general e-commerce platforms segment.
Vishal Mega Mart has 17 deals on record (8 secondary share transfers, 3 funding rounds, 3 convertible or debt financings), with disclosed funding of ₹683.13 Cr; the latest was in November 2018.