Comet Exports Private Limited
About Comet Exports Private Limited
Data last updated:
Comet Exports Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 23 September 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U14101DL1994PTC061709.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.01 Lakh. It was led by directors including Renu Sachdeva and Vivek Sachdeva.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at F – 3 First Floor South Extension – II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹80,324 (net margin 64.5%) and EBITDA of ₹80,324 (EBITDA margin 64.5%).
Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN history
Comet Exports has one previous CIN (Corporate Identification Number): U74899DL1994PTC061709. The current CIN is U14101DL1994PTC061709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14101DL1994PTC061709 | Current |
| U74899DL1994PTC061709 | Previous |
Contact details
Comet Exports Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 3 First Floor South Extension – II, New Delhi, Delhi, India – 110049
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Comet Exports 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 Comet Exports is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Comet Exports Private Limited
FY 2023 filings availableComet Exports Private Limited reported revenue of ₹1.25 Lakh (up 289% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 289% in the latest year. EBITDA fell 86% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹80,324 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80,324 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 64.5% | ||||
| Net Profit Margin | 64.5% | ||||
| 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 Comet Exports Private Limited, buy the company report.
Board of directors of Comet Exports Private Limited
Comet Exports has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Sachdeva | Director | 23 Sep 1994 | 32 Years 1 Months | As last reported |
| Vivek Sachdeva | Director | 30 Sep 2023 | 3 Years 0 Months | As last reported |
| Sahender Pal Sachdeva | Director | 23 Sep 1994 | 32 Years 1 Months | As last reported |
Peer comparison
Comet Exports Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Anakshika Clothing Private Limited | ₹1.25 Lakh (FY 2018) | 372.0% | Delhi, India | |||
| Comet Exports Private Limitedthis company | ₹1.25 Lakh (FY 2022) | ₹80,324 | 64.5% | 289.0% | New Delhi, Delhi, India | |
| Dhaniakhali Handloom Developers Producer Company Limited | ₹1.24 Lakh (FY 2024) | 51.0% | Dhaniakhali, West Bengal, India | |||
| Purani Software Developers Private Limited | ₹1.24 Lakh (FY 2017) | -99.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Comet Exports Private Limited, buy the company report.
Auditor
Comet Exports Private Limited is audited by S P A J & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A J & ASSOCIATES | FY 2022 | 034034N |
Shareholding
The shareholding of Comet Exports Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Comet Exports Private Limited, buy the company report.
Legal cases
Comet Exports Private Limited has 1 court case on record: 1 filed by Comet Exports. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Writ petition | Filed by the company against State of Haryana and Others | Disposed |
To see the full case history of Comet Exports 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 Comet Exports 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 Comet Exports Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Comet Exports Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Vivek Sachdeva was appointed as Director on 30 Sep 2023.
Frequently asked questions
Comet Exports has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Comet Exports was a private limited company based in New Delhi, Delhi, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 23 September 1994 and is registered under CIN U14101DL1994PTC061709. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Comet Exports is U14101DL1994PTC061709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Comet Exports had 3 directors:
- Renu Sachdeva - Director
- Vivek Sachdeva - Director
- Sahender Pal Sachdeva - Director
Comet Exports was incorporated on 23 September 1994. It is registered with the Registrar of Companies, Delhi.
The registered office of Comet Exports is at F – 3 First Floor South Extension – II, New Delhi, Delhi, India – 110049.
The latest financial statements of Comet Exports on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Comet Exports operated in the fashion and textile industry, in the fashion retail segment.
The peers of Comet Exports by revenue are Anakshika Clothing Private Limited, Dhaniakhali Handloom Developers Producer Company Limited, Purani Software Developers Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Comet Exports has 1 court case on record: 1 filed by the company.
Vivek Sachdeva was appointed as Director on 30 Sep 2023. Renu Sachdeva was appointed as Director on 23 Sep 1994. Sahender Pal Sachdeva was appointed as Director on 23 Sep 1994.