Aassem Multitrade Private Limited
About Aassem Multitrade Private Limited
Data last updated:
Aassem Multitrade Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 31 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52399MH2011PTC218095.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Baikunthnath P Chaturvedi and Basheer D Ahmed.
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 is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E) Thane, Maharashtra, India – 401209.
As per the financials filed for FY 2019, the company reported a revenue of ₹75,000, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹2,500 (net margin 3.3%) and EBITDA of ₹9,291 (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 97% over three years and 87% over five years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Aassem Multitrade Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara (E) Thane, Maharashtra, India – 401209
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Aassem Multitrade 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
Financials of Aassem Multitrade Private Limited
FY 2019 filings availableAassem Multitrade Private Limited reported revenue of ₹75,000 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over five years. EBITDA rose 102% 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 | ₹75,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9,291 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2,500 | ||||
| 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 | 12.4% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Aassem Multitrade Private Limited, buy the company report.
Board of directors of Aassem Multitrade Private Limited
Aassem Multitrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Baikunthnath P Chaturvedi Also directs: Hemakuta Sugar & Allied Industries Limited, Tungabhadra Pulp and Board Mills Limited, Candy Filters (Bombay) Limited and 5 more | Director | 04 Oct 2012 | 14 Years 1 Months | Current |
| Basheer D Ahmed Also directs: Hemakuta Sugar & Allied Industries Limited, Candy Filters (Bombay) Limited, Park Tools Limited and 5 more | Director | 04 Oct 2012 | 14 Years 1 Months | Current |
Peer comparison
Aassem Multitrade Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Aassem Multitrade Private Limitedthis company | ₹75,000 (FY 2019) | ₹2,500 | 3.3% | -100.0% | Thane, Maharashtra, India | |
| Bodkin Marketing Private Limited | ₹75,000 (FY 2018) | -86.0% | Kolkata, West Bengal, India | |||
| Polyfil Synthetics Private Limited. | ₹74,820 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Jagdamba Dealer Private Limited. | ₹74,500 (FY 2024) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Aassem Multitrade Private Limited, buy the company report.
Auditor
Aassem Multitrade Private Limited is audited by VISHNU AGARWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU AGARWAL & ASSOCIATES | FY 2019 | 134443W |
Shareholding
The shareholding of Aassem Multitrade 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 Aassem Multitrade Private Limited, buy the company report.
Legal cases
Aassem Multitrade Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
To see the full case history of Aassem Multitrade 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 Aassem Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Aassem Multitrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aassem Multitrade Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Sushil Ratanlal Morarka ceased to be Additional Director on 30 Oct 2017.
Frequently asked questions
Aassem Multitrade is an active private limited company based in Thane, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 31 May 2011 (15+ years old) and is registered under CIN U52399MH2011PTC218095.
Aassem Multitrade has 2 current directors:
- Baikunthnath P Chaturvedi - Director
- Basheer D Ahmed - Director
The latest financial statements of Aassem Multitrade 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 CIN (Corporate Identification Number) of Aassem Multitrade is U52399MH2011PTC218095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aassem Multitrade has 1 court case on record: 1 filed against it. 1 is pending.
Aassem Multitrade was incorporated on 31 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aassem Multitrade by revenue are Bodkin Marketing Private Limited, Polyfil Synthetics Private Limited, Jagdamba Dealer Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Sushil Ratanlal Morarka ceased to be Additional Director on 30 Oct 2017. Abhishek Sushil Morarka ceased to be Director on 04 Oct 2012. Baikunthnath P Chaturvedi was appointed as Director on 04 Oct 2012. Aassem Multitrade has 4 board changes on record in total.
The registered office of Aassem Multitrade is at C – 204 2nd Floor Vishal Apartment Taki Road Tulinj Nallasopara E Thane, Maharashtra, India – 401209.
Aassem Multitrade operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Aassem Multitrade is active non-compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
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