Aspolight Merchants Private Limited
About Aspolight Merchants Private Limited
Data last updated:
Aspolight Merchants Private Limited was a private limited company based in Odisha, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 13 November 2009.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U52190OR2009PTC025996.
The company had an authorised share capital of ₹21 Lakh and a paid-up capital of ₹18.84 Lakh. It was led by directors Raghunath Jairamka and Pratush Drolia.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Ocl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017.
As per the financials filed for FY 2019, the company reported a revenue of ₹78.61 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹4.78 Lakh (net margin -6.1%) and EBITDA of -₹4.78 Lakh (EBITDA margin -6.1%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years.
Company details
CIN history
Aspolight Merchants has one previous CIN (Corporate Identification Number): U52190WB2009PTC139379. The current CIN is U52190OR2009PTC025996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52190OR2009PTC025996 | Current |
| U52190WB2009PTC139379 | Previous |
Contact details
Aspolight Merchants Private Limited's registered office is in Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOcl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017
- IndustryFinancial Services, Financial Activities
To see the full contact details of Aspolight Merchants 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
Business activity
The main business activity of Aspolight Merchants is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Aspolight Merchants Private Limited, buy the company report.
Financials of Aspolight Merchants Private Limited
FY 2018 filings availableAspolight Merchants Private Limited reported revenue of ₹78.61 Lakh (down 86% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over three years, including a 86% fall in the latest year. EBITDA rose 43% 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 | ₹78.61 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.78 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.78 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.1% | ||||
| Net Profit Margin | -6.1% | ||||
| 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 Aspolight Merchants Private Limited, buy the company report.
Board of directors of Aspolight Merchants Private Limited
Aspolight Merchants has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunath Jairamka Also directs: Jairamka Promoters Private Limited | Director | 16 Jun 2014 | 12 Years 4 Months | As last reported |
| Pratush Drolia | Director | 07 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Aspolight Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudreswar Urban Multipurpose Nidhi Limited | ₹78.7 Lakh (FY 2024) | -31.0% | Padalsingi, Maharashtra, India | |||
| Ashika Venture Capital Private Limited | ₹78.7 Lakh (FY 2019) | 1444.0% | Kolkata, West Bengal, India | |||
| Delhi Hotel & Restaurant Private Limited | ₹78.66 Lakh (FY 2024) | -27.0% | Siliguri, West Bengal, India | |||
| Entity Infra Development Private Limited | ₹78.65 Lakh (FY 2024) | 2234.0% | Kolkata, West Bengal, India | |||
| Planet Commodities Private Limited | ₹78.64 Lakh (FY 2024) | -34.0% | Kolkata, West Bengal, India | |||
| Aspolight Merchants Private Limitedthis company | ₹78.61 Lakh (FY 2019) | -₹4.78 Lakh | -6.1% | -86.0% | Odisha, India | |
| K2k Fintech Solutions Private Limited | ₹78.6 Lakh (FY 2025) | -3.0% | Bengaluru, Karnataka, India | |||
| Shree Balamurugan Chit Funds Private Limited | ₹78.57 Lakh (FY 2025) | 3.0% | Tamil Nadu, India | |||
| Green Field Farm Pvt Ltd | ₹78.57 Lakh (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Wellknown Chemicals Private Limited | ₹78.55 Lakh (FY 2021) | 80.0% | Mumbai, Maharashtra, India | |||
| Karaikudi Finance Limited | ₹78.53 Lakh (FY 2025) | -46.0% | Karaikudi, Tamil Nadu, India |
To see the full peer comparison of Aspolight Merchants Private Limited, buy the company report.
Auditor
Aspolight Merchants Private Limited is audited by AGRAWALB.KUMAR& CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWALB.KUMAR& CO. | FY 2017 | 313100E |
Shareholding
The shareholding of Aspolight Merchants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aspolight Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aspolight Merchants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aspolight Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aspolight Merchants has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Aspolight Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Aspolight Merchants Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Navin Jairamka ceased to be Director on 07 Aug 2018.
Frequently asked questions
Aspolight Merchants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aspolight Merchants was a private limited company based in Odisha, India. The company worked in financial activities, within the financial services industry. It was incorporated on 13 November 2009 and is registered under CIN U52190OR2009PTC025996. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aspolight Merchants was incorporated on 13 November 2009. It is registered with the Registrar of Companies, Cuttack.
Aspolight Merchants had 2 directors:
- Raghunath Jairamka - Director
- Pratush Drolia - Director
The CIN (Corporate Identification Number) of Aspolight Merchants is U52190OR2009PTC025996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Aspolight Merchants is at Ocl Approach Road Po & Ps: Rajgangpur, Odisha, India – 770017.
The latest financial statements of Aspolight Merchants on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Aspolight Merchants operated in the financial services industry, in the financial activities segment.
The peers of Aspolight Merchants by revenue are Rudreswar Urban Multipurpose Nidhi Limited, Ashika Venture Capital Private Limited, Delhi Hotel & Restaurant Private Limited, Entity Infra Development Private Limited, Planet Commodities Private Limited and 5 more, all in the same principal business activity (other financial activities).
Navin Jairamka ceased to be Director on 07 Aug 2018. Pratush Drolia was appointed as Director on 07 Aug 2018. Adesh Saraf ceased to be Director on 31 Jan 2017. Aspolight Merchants has 8 board changes on record in total.
The compliance status of Aspolight Merchants is compliant as of 09 September 2026.