VM Retail Private Limited

VM Retail Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U52100MH2007PTC172910 Incorporated 07 August 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company fashion and textile MSME · Micro
Data last updated
Revenue · FY 2022
₹6,850
▼ 34.76% YoY
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Satisfied charges
₹27.5 Cr
No open charges
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
Active GSTINs
1
of 3 registered
Last financials
Mar 2022
Balance sheet date

About VM Retail Private Limited

Data last updated:

VM Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 August 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2007PTC172910. Its GSTIN is 27AACCV5266C1ZD (Maharashtra). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Deepak Shantaram Haryan and Nitin Sadanand Karkote.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 18 10th Floor Pinnacle Corporate Park, Mumbai, Maharashtra.

As per MCA filings, the company has satisfied charges of ₹27.5 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.

VM Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0071465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bmindia.com.

Company details

CIN U52100MH2007PTC172910
Registration Number 172910
Incorporation Date 07 August 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0071465
Key People
Deepak Shantaram Haryan Director Nitin Sadanand Karkote Director

Recognitions & Rankings of VM Retail

MSME (Udyam registered) Ministry of MSME
Category
Micro (2023-24)
Udyam number
UDYAM-MH-19-0071465

Contact details

VM Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is bmindia.com. Its e-mail address is in the company report.

  • Email
  • Website
    bmindia.com
  • Registered Address
    17 – 18 10th Floor Pinnacle Corporate Park G Block Bandra – Kurla Complex Bandra Ea, St, Mumbai, Maharashtra, India – 400051
  • Industry
    Fashion and Textile, Fashion Retail

To see the full contact details of VM Retail Private Limited, buy the company report.

Comprehensive company report
VM Retail Private Limited - one report that includes everything
  • 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
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Financials of VM Retail Private Limited

FY 2022 filings available

VM Retail Private Limited reported revenue of ₹6,850 for FY 2022.

Revenue · FY 2022
₹6,850

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 72%
5 years · compounded
▼ 10%

Revenue has declined at a compounded annual rate (CAGR) of 10% over five years. 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
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 VM Retail Private Limited, buy the company report.

Board of directors of VM Retail Private Limited

VM Retail has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Shantaram Haryan
Also directs: MC Retail Private Limited, MB Retailing Private Limited, MJ Retail Private Limited and 2 more
Director23 Jul 20215 Years 3 MonthsCurrent
Nitin Sadanand Karkote
Also directs: MC Retail Private Limited, MB Retailing Private Limited, MJ Retail Private Limited and 3 more
Director27 Dec 201213 Years 10 MonthsCurrent
View all directors

Peer comparison

VM Retail Private Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Golden Bird Marketing Solutions Private Limited₹7,000 (FY 2025)Ambala Cantt, Haryana, India
Calicut Lulu Sarees Private Limited₹7,000 (FY 2024)Kannur, Kerala, India
Bannari Amman Retails Private Limited₹7,000 (FY 2025)-100.0%Coimbatore, Tamil Nadu, India
Calmante Apparels Private Limited₹6,948 (FY 2024)-71.0%Ghaziabad, Uttar Pradesh, India
VM Retail Private Limitedthis company₹6,850 (FY 2022)Mumbai, Maharashtra, India
Shivanika Sarees Private Limited₹6,850 (FY 2018)-100.0%Mumbai, Maharashtra, India
Ipalette International Private Limited₹6,814 (FY 2023)Ernakulam, Kerala, India
Town Bazaar Retail Private Limited₹6,591 (FY 2022)-99.0%Ghaziabad, Uttar Pradesh, India
Jeans East (International) Limited₹6,300 (FY 2025)-44.0%Goa, India
Allied Fashions Private Limited₹6,250 (FY 2021)Hooghly, West Bengal, India
P2p2 Garb Trading and Company Private Limited₹6,000 (FY 2024)Uttar Pradesh, India

To see the full peer comparison of VM Retail Private Limited, buy the company report.

Auditor

VM Retail Private Limited is audited by R S KELKAR & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
R S KELKAR & COFY 2021113342W

Shareholding

The shareholding of VM Retail Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of VM Retail Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹27.5 Cr
Breakdown by lending institutions
Idbi Bank Limited₹27.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Oct 200810131278Idbi Bank Limited₹27.5 CrSatisfied

To see the full charge records of VM Retail Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for VM Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

VM Retail has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
27AACCV5266C1ZDMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of VM Retail Private Limited, buy the company report.

Recent activity

VM Retail Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Deepak Shantaram Haryan ceased to be Additional Director on 30 Nov 2021.

AGM
Vm Retail Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Vm Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.
Ceased
Deepak Shantaram Haryan ceased to be Additional Director.
Ceased
Umesh Damodhar Lokhande ceased to be Director.
Appointed
Deepak Shantaram Haryan was appointed as Director.
Ceased
Pravin Prabhakar Bhoj ceased to be Director.
Ceased
Nitin Sadanand Karkote ceased to be Additional Director.
Ceased
Vijay Mohan Murjani ceased to be Director.
Ceased
Sitanshu Satapathy ceased to be Director.
Appointed
Nitin Sadanand Karkote was appointed as Director.
Ceased
Vipul Amritlal Gala ceased to be Director.
Charges
A charge registered on 22 Oct 2008 via Charge ID 10131278 with Idbi Bank Limited was fully satisfied on 27 Sep 2011.

4 earlier events are in the company report.

Frequently asked questions

VM Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 August 2007 (19+ years old) and is registered under CIN U52100MH2007PTC172910.

VM Retail has 2 current directors:

The latest financial statements of VM Retail on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

The GSTIN of VM Retail is 27AACCV5266C1ZD, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of VM Retail is U52100MH2007PTC172910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VM Retail has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.

VM Retail was incorporated on 07 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of VM Retail by revenue are Golden Bird Marketing Solutions Private Limited, Calicut Lulu Sarees Private Limited, Bannari Amman Retails Private Limited, Calmante Apparels Private Limited, Shivanika Sarees Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).

Deepak Shantaram Haryan ceased to be Additional Director on 30 Nov 2021. Umesh Damodhar Lokhande ceased to be Director on 29 Jul 2021. Deepak Shantaram Haryan was appointed as Director on 23 Jul 2021. VM Retail has 10 board changes on record in total.

Yes, VM Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0071465).

VM Retail can be reached through the website bmindia.com. Its registered office is in Mumbai, Maharashtra, India.