Easy Commodities Trade Private Limited
About Easy Commodities Trade Private Limited
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Easy Commodities Trade Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65999WB1994PTC066130. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹50.89 Lakh. It is led by directors including Hans Raj Bamalwa and Bajrang Lal Bamalwa.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2022, the company reported a revenue of ₹22,775, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Lakh and EBITDA of -₹36,630 (EBITDA margin -160.8%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 31% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Easy Commodities Trade Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Easy Commodities Trade 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 Easy Commodities Trade is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
Financials of Easy Commodities Trade Private Limited
FY 2024 filings availableEasy Commodities Trade Private Limited reported revenue of ₹22,775 (down 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 44% fall 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 | ₹22,775 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹36,630 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.15 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -160.8% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Easy Commodities Trade Private Limited, buy the company report.
Board of directors of Easy Commodities Trade Private Limited
Easy Commodities Trade has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hans Raj Bamalwa Also directs: Nemichand Bamalwa & Sons (Jewellers) LLP, Bamalwa Diamonds Ltd | Director | 28 Nov 1994 | 31 Years 10 Months | Current |
| Bajrang Lal Bamalwa Also directs: Nemichand Bamalwa & Sons (Jewellers) LLP, Bamalwa Diamonds Ltd, Nemichand Bamalwa & Sons (J) Private Limited and 1 more | Director | 28 Nov 1994 | 31 Years 10 Months | Current |
| Bachh Raj Bamalwa Also directs: Nemichand Bamalwa & Sons (Jewellers) LLP, Nemichand Bamalwa & Sons (J) Private Limited, Manish Developments Ltd and 1 more | Director | 28 Nov 1994 | 31 Years 10 Months | Current |
Auditor
Easy Commodities Trade Private Limited is audited by S.K. SINGHANIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K. SINGHANIA & ASSOCIATES | FY 2022 | 322701E |
Shareholding
The shareholding of Easy Commodities Trade 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 Easy Commodities Trade Private Limited, buy the company report.
Legal cases
Easy Commodities Trade Private Limited has 2 court cases on record: 1 filed by Easy Commodities Trade, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Assam | Interim or miscellaneous application | Filed against the company by The Deputy / Assistant Commissioner of Income Tax and 3 Ors. and 3 others | Disposed |
| High Court | Writ petition | Filed by the company against The Union of India and 5 Ors. and 5 others | Disposed |
To see the full case history of Easy Commodities Trade 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 Easy Commodities Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Easy Commodities Trade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Easy Commodities Trade Private Limited, buy the company report.
Recent activity
Easy Commodities Trade Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Madan Lal Bamalwa ceased to be Director on 13 Dec 2020.
Frequently asked questions
Easy Commodities Trade is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 28 November 1994 (32+ years old) and is registered under CIN U65999WB1994PTC066130.
Easy Commodities Trade has 3 current directors:
- Hans Raj Bamalwa - Director
- Bajrang Lal Bamalwa - Director
- Bachh Raj Bamalwa - Director
The latest financial statements of Easy Commodities Trade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Easy Commodities Trade has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Easy Commodities Trade is U65999WB1994PTC066130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Easy Commodities Trade has 2 court cases on record: 1 filed by the company and 1 filed against it.
Easy Commodities Trade was incorporated on 28 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Madan Lal Bamalwa ceased to be Director on 13 Dec 2020. Bachh Raj Bamalwa was appointed as Director on 28 Nov 1994. Bajrang Lal Bamalwa was appointed as Director on 28 Nov 1994. Easy Commodities Trade has 4 board changes on record in total.
The registered office of Easy Commodities Trade is at 16B Shakespeare Sarani, Kolkata, West Bengal, India – 700071.
Easy Commodities Trade operates in the financial services industry, in the brokerage and trading services segment.