VRR Merchants Private Limited

VRR Merchants Private Limited - business services in Bijapur, Karnataka, India. Directors, charges & compliance details.
CIN U74999KA2017PTC105981 Incorporated 30 August 2017 ROC Bangalore HQ Bijapur, Karnataka, India
Active Private Limited Company business services MSME · Micro
Data last updated
Revenue · FY 2021
₹4.31 Lakh
▲ 50% YoY
Net profit · FY 2021
₹1.09 Lakh
Net margin 25.3%
EBITDA · FY 2021
₹1.29 Lakh
EBITDA margin 30%
Authorised capital
₹9 Lakh
Registered with MCA
Paid-up capital
₹2 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
4
As per MCA filings
Active GSTINs
1
of 2 registered

About VRR Merchants Private Limited

Data last updated:

VRR Merchants Private Limited is a private limited company based in Bijapur, Karnataka, India. It operates in the diversified business activities segment of the business services sector. It was incorporated on 30 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC105981. Its GSTIN is 29AAGCV0750P2ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹9 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Krishnappa Dasappa Marakatti and Viswanath Krishnappa Marakatti.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No 299 Veerbhadreshwar Krupa 1st Floor K Colo Jalanagar Vijaypur (Bijapur), Karnataka, India – 586101.

As per the financials filed for FY 2021, the company reported a revenue of ₹4.31 Lakh, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Lakh (net margin 25.3%) and EBITDA of ₹1.29 Lakh (EBITDA margin 30%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years.

Court records list 1 case involving the company, including 1 filed against it.

VRR Merchants Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0177879). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U74999KA2017PTC105981
Registration Number 105981
Incorporation Date 30 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0177879

Recognitions & Rankings of VRR Merchants

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-KR-03-0177879

Contact details

VRR Merchants Private Limited's registered office is in Bijapur, Karnataka.

  • Registered Address
    No 299 Veerbhadreshwar Krupa 1st Floor K Colo Jalanagar Vijaypur (Bijapur), Karnataka, India – 586101
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services
Comprehensive company report
VRR Merchants 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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Business activity

The main business activity of VRR Merchants is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of VRR Merchants Private Limited, buy the company report.

Financials of VRR Merchants Private Limited

FY 2021 filings available

VRR Merchants Private Limited reported revenue of ₹4.31 Lakh (up 50% YoY) for FY 2021.

Revenue · FY 2021
₹4.31 Lakh ▲ 50%
Net profit · FY 2021
₹1.09 Lakh margin 25.3%
EBITDA · FY 2021
₹1.29 Lakh margin 30%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▲ 606%
3 years · compounded
▲ 174%

Revenue has grown at a compounded annual rate (CAGR) of 55% over three years, including 50% growth in the latest year. EBITDA rose 606% 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

MetricsFY 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₹1.29 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin30%
Net Profit Margin25.3%
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 VRR Merchants Private Limited, buy the company report.

Board of directors of VRR Merchants Private Limited

VRR Merchants has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishnappa Dasappa MarakattiDirector30 Aug 20179 Years 2 MonthsCurrent
Viswanath Krishnappa MarakattiDirector30 Aug 20179 Years 2 MonthsCurrent
YallappaDirector24 Sep 20215 Years 1 MonthsCurrent
Sangappa Shrishail AnkalagiAdditional Director25 Oct 20215 Years 0 MonthsCurrent

Peer comparison

VRR Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wellsecure Infotech Private Limited₹4.31 Lakh (FY 2022)-23.0%Bangalore, Karnataka, India
Ladli Ji Solution and Trading (OPC) Private Limited₹4.31 Lakh (FY 2024)Faridabad, Haryana, India
Tirupati Balaji Distributors Private Limited₹4.31 Lakh (FY 2023)New Delhi, Delhi, India
Anklerest Online Shopping Private Limited₹4.31 Lakh (FY 2018)Navi Mumbai, Maharashtra, India
Nactul Agro Private Limited₹4.31 Lakh (FY 2021)-28.0%Cuttack, Odisha, India
VRR Merchants Private Limitedthis company₹4.31 Lakh (FY 2021)₹1.09 Lakh25.3%50.0%Bijapur, Karnataka, India
Ubsilon India Private Limited₹4.31 Lakh (FY 2020)96.0%Palghar, Maharashtra, India
Ursa Store Private Limited₹4.31 Lakh (FY 2023)Sagar, Madhya Pradesh, India
Willchem Pharmaceutical Private Limited₹4.3 Lakh (FY 2025)63.0%Bhopal, Madhya Pradesh, India
Phiren Clothing and Allied Industries Private Limited₹4.3 Lakh (FY 2020)-4.0%Imphal, Manipur, India
Dhirajtiwari International Traders Private Limited₹4.3 Lakh (FY 2019)Mumbai, Maharashtra, India

To see the full peer comparison of VRR Merchants Private Limited, buy the company report.

MSME payment delays

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

GST

VRR Merchants has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AAGCV0750P2ZQKarnatakaActive23 Aug 2021

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

Recent activity

VRR Merchants Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Sangappa Shrishail Ankalagi was appointed as Additional Director on 25 Oct 2021.

AGM
Vrr Merchants Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Appointed
Sangappa Shrishail Ankalagi was appointed as Additional Director.
Appointed
Yallappa was appointed as Director.
Filing
Vrr Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Appointed
Krishnappa Dasappa Marakatti was appointed as Director.
Appointed
Viswanath Krishnappa Marakatti was appointed as Director.
Incorporation
30 Aug 2017
Vrr Merchants Private Limited was registered on 30 Aug 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.

Frequently asked questions

VRR Merchants is an active private limited company based in Bijapur, Karnataka, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 30 August 2017 (9+ years old) and is registered under CIN U74999KA2017PTC105981.

VRR Merchants has 4 current directors:

The latest financial statements of VRR Merchants on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.

The GSTIN of VRR Merchants is 29AAGCV0750P2ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of VRR Merchants is U74999KA2017PTC105981. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

VRR Merchants has 1 court case on record: 1 filed against it.

VRR Merchants was incorporated on 30 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of VRR Merchants by revenue are Wellsecure Infotech Private Limited, Ladli Ji Solution and Trading (OPC) Private Limited, Tirupati Balaji Distributors Private Limited, Anklerest Online Shopping Private Limited, Nactul Agro Private Limited and 5 more, all in the same principal business activity (retail trading).

Sangappa Shrishail Ankalagi was appointed as Additional Director on 25 Oct 2021. Yallappa was appointed as Director on 24 Sep 2021. Krishnappa Dasappa Marakatti was appointed as Director on 30 Aug 2017. VRR Merchants has 4 board changes on record in total.

Yes, VRR Merchants is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0177879).

The registered office of VRR Merchants is at No 299 Veerbhadreshwar Krupa 1st Floor K Colo Jalanagar Vijaypur Bijapur, Karnataka, India – 586101.