April 17, 2014 2:42 AM ET

Multiline Retail

Company Overview of V-Mart Retail Limited

Company Overview

V-Mart Retail Limited operates a chain of departmental stores in India. The company’s stores provide apparels and accessories for men, women, boys, girls, and infants; and general merchandise products comprising footwear, fashion jewelry, books and stationery, toys and games, bags and luggage, and purses and clutches products, as well as home furnishings, kitchenware, crockery, and gifts and novelties products. Its stores also provide FMCG products, packaged food items, beauty and personal care products, home care products, and staples. As of April 1, 2014, the company operated 89 stores in 77 cities. V-Mart Retail Limited was incorporated in 2002 and is based in New Delhi, India.

F-11, Udyog Nagar Industrial Area

Rohtak Road

Peeragarhi

New Delhi,  110041

India

Founded in 2002

Phone:

91 11 4525 4444

Fax:

91 11 4525 4429

Key Executives for V-Mart Retail Limited

Chairman
Age: 43
Total Annual Compensation: $4.3M
Whole Time Director and Member of Shareholders/Investor Grievance Committee
Age: 42
Total Annual Compensation: $2.8M
Whole Time Director and Member of Shareholders/Investor Grievance Committee
Age: 69
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2013.

V-Mart Retail Limited Key Developments

V-Mart Retail Limited Announces the Opening of the 89th Store at Gopalganj, Bihar

V-Mart Retail Ltd. announced that the company has opened a new store located at Vijay Market, Opp-Gopalganj Bus Stand, Thawe Road, Near Rajkumar Hotel, Gopalganj, Bihar-841413. The store is spread in an area of 10143 sq. ft. This is the 16th store in the state of Bihar across 15 cities. With this the company have increased the tally of the state to 16 Fashion stores.

V-Mart Retail Limited Opens a Store at Patna, Bihar; Closes Three Stores

V-Mart Retail Limited has opened a new store located at Road No. 13/14, Chandrakanta Market, near SBI Bank, Rajiv Nagar, Patna-800024, Bihar. The store is spread in an area of 5550 sq. ft. This is the 15th store in the state of Bihar across 14 cities. With this the company have increased the tally of the state to 5 mini hyper stores and 10 family fashion stores. The company have closed three stores namely Junagarh (8425 sq ft, Gujarat), Bharuch (3289 sq ft, Gujarat) and Pitam Pura (14076 sq ft, Delhi). The company also reduced the store areas of Moga (reduced by 3323 sq ft, Punjab), Law Garden (reduced by 4500 sq ft, Gujarat) and Berasia (reduced by 3200 sq ft, Bhopal).

V-Mart Retail Limited - Shareholder/Analyst Call

V-Mart Retail Limited - Shareholder/Analyst Call

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