V-Mart is a complete family fashion store that provides its
customers true value for their money.
We offer our customers a great shopping experience each time they visit V-Mart store by offering a vast range of products under one roof. Maintaining high standards in quality and design, V-Mart offers fashion garments at down-to-earth prices and over a period of time has emerged as the destination of choice for bargain hunters and the fashionable alike.
We primarily operate in tier II & tier III cities with the chain of “Value Retail” departmental stores. Our stores cater to the needs of the entire family altogether by offering apparels, general merchandise and kirana goods.
“Price Less Fashion” is the main motto through which we believe in providing the latest trends to the upwardly mobile Indians at the best possible price.
We have 172 stores across 145 cities in 14 states and union territories, with a total retail area of 1238832 sq. ft (115091.2588 Sq Metre). Our stores are located in prime states/cities such as Bihar, Chandigarh, Gujarat, Haryana, Jammu and Kashmir, Madhya Pradesh, New Delhi, Punjab, Rajasthan, Uttarakhand and Uttar Pradesh. We are among the pioneers in setting up modern ambiance stores or large retail malls across various small towns and cities like including Sultanpur, Ujjain, Motihari and more.
First incorporated as Varin Commercial Private Limited
under the Companies Act in 2002 in West Bengal. Then in
2003, we opened our maiden store in Ahmedabad
In the Year 2004 we have opened our first store in capital city, New Delhi. Further in 2006 we have crossed 1 lac sq.ft. retail space and subsequently renamed to V-Mart Retail Private Limited.
In the year of 2008, we hit the base by registering V-Mart Retail as a public limited entity and also crossed the turnover of 1,000 million INR As the time passes by we took the shape of a renowned family brand that caters the needs of whole family by offering high quality retail products. Along with growing customers, we achieved a turnover of over INR 2,000 million in 2011-12 In the Year 2012 we have crossed the retail space of 5 lac Sq. Ft.
Create value and make our ecosystem proud.
Care for customer aspirations, discover and nurture talent, sustained ethical growth for stakeholders and harness vendor relationships.
Mr. Lalit Agarwal
Chairman and Managing Director (CMD)
He holds a Bachelor’s Degree in Commerce from Bombay University, and a Diploma in Financial Management from the Narsee Monjee Institute of Management Studies, Mumbai. He was also involved in setting up of a printing and packaging unit, a water theme park in Kolkata and was associated with a retail chain till 2003. He has more than 16 years of rich experience in the retail industry. With a vision to establish the concept of “value retailing” in certain untapped regions of India, he setup up units of retail stores under the brand name of “V-Mart” in the year 2003. He spearheads the company and is responsible for formulating and implementing the business plans.
Mr. Madan Agarwal
Whole Time Director
He has the Bachelor’s Degree in Arts from the City College, the University of Calcutta. He has more than 3 decades of experience in retail industry. He started his career by opening a retail shop in the year 1975 and later on in 1979 opened another retail store of apparels and footwear in Cuttack known as “Shreeman Shreemati”. He is a mentor and a guiding force for our Company’s growth. He provides vital rationale inputs and insights time to time on cost control and the overseas procurement of general merchandise and Kirana Bazaar business verticals of our Company.
Mr. Aakash Moondhra
He holds a Bachelor’s Degree in Commerce from the University of Delhi and Master’s Degree in Business Administration from Southern Methodist University, Texas. He is a steady member of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He has held various positions in Nokia India Private Limited, Baring Private Equity Partners (India), heading the retail vertical, Bharti Retail Private Limited, Bharti Airtel Limited and AT&T Corporation and currently working as a chief financial officer in Jasper Infotech Private Limited, (www.snapdeal.com).
Mr. Murli Ramachandran
Murli Ramachandran is a Management Consultant and CXO Coach specializing in transformation & strategy, performance improvement, leadership development and change management . He has about 30 years of rich and varied experience in well known MNC as well as Indian companies. During his career he has held key leadership positions such as Operating Partner of TVS Capital Funds, MD of Sanmar Speciality Chemicals, MD of RPG Life Sciences, President of RPG Enterprises, and Partner / Associate Partner of KPMG Consulting and of Accenture. Murli has a BE (Hons) degree in Mech Engg and an MMS degree from BITS Pilani; he also has an MS in Industrial Engg from Columbia University, New York.
Ms. Sonal Mattoo
Sonal Mattoo is a lawyer with 19 years of post qualification work experience. She holds a B.A., LL.B. (Hons) degree from the prestigious, National Law School of India University, Bangalore. Her schooling is from The Lawrence School Sanawar. She is specialising in workplace harassment, diversity issues, mediation matters, matrimonial issues and negotiations. She is Founder Director at “Helping hands”, a NGO which specialises in dealing with the issues of women, children and senior citizens. She is also founder and principal consultant of Mantran Consultants, a firm specializing in CSR activities, Counselling, Diversity policies and workshops. Sonal helps implement policies against Sexual Halso a Non-Executive Independent Director of Vatika Marketing Limited.