Elite Comtrade Private Limited
About Elite Comtrade Private Limited
Data last updated:
Elite Comtrade Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Elite Wealth Advisors Limited. 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 22 February 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2006PTC146717. Its GSTIN is 07AABCE5753E1ZT (Delhi). The company held 6 GST registrations, all of them active.
The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.1 Cr. It was led by directors including Ravinder Parkash Seth and Dheeraj Bhatia.
Its last annual general meeting (AGM) was held on 05 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at S – 8 Dda Shopping Complex Mayur Vihar Phase I, Delhi, India – 110091.
As per the financials filed for FY 2020, the company reported a revenue of ₹49.34 Lakh. For the same year it recorded a net profit of ₹18,391 (net margin 0.4%) and EBITDA of ₹15.08 Lakh (EBITDA margin 30.6%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 8% over five years.
The company had about 2 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 2 cases are pending.
Company details
Contact details
Elite Comtrade Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 8 Dda Shopping Complex Mayur Vihar Phase I, Delhi, India – 110091
- IndustryFinancial Services, Financial Activities
To see the full contact details of Elite Comtrade 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 Elite Comtrade 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 Elite Comtrade Private Limited, buy the company report.
Financials of Elite Comtrade Private Limited
FY 2020 filings availableElite Comtrade Private Limited reported revenue of ₹49.34 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Total Expenses | |||||
| EBITDA | ₹15.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18,391 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.6% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Elite Comtrade Private Limited, buy the company report.
Board of directors of Elite Comtrade Private Limited
Elite Comtrade has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Parkash Seth Also directs: Gsu E Consulting LLP, Era Resorts Private Limited, Picasso Hospitality Private Limited and 5 more | Director | 22 Feb 2006 | 20 Years 8 Months | As last reported |
| Dheeraj Bhatia | Director | 17 Aug 2016 | 10 Years 2 Months | As last reported |
| Vikram Luthra Also directs: Millennial Capital Services LLP | Director | 17 Aug 2016 | 10 Years 2 Months | As last reported |
| Ankur Seth | Director | 02 Jul 2009 | 17 Years 3 Months | As last reported |
| Tarun Gera Also directs: Elite Insurance Brokers Private Limited, Elite Wealth Limited | Director | 17 Aug 2016 | 10 Years 2 Months | As last reported |
Peer comparison
Elite Comtrade 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 |
|---|---|---|---|---|---|---|
| Swayam Sahyog Nidhi Limited | ₹49.45 Lakh (FY 2024) | 90.0% | Panipat, Haryana, India | |||
| Srijak Nidhi Limited | ₹49.44 Lakh (FY 2024) | 125.0% | Ramnagar, West Bengal, India | |||
| Gee-Kay Commercial & Credit Services Pvt.Ltd. | ₹49.42 Lakh (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Vinunjayath Chits Private Limited | ₹49.38 Lakh (FY 2025) | -5.0% | Jangaon, Telangana, India | |||
| Krishnav Forex & Travels Private Limited | ₹49.35 Lakh (FY 2019) | 51.0% | Howrah, West Bengal, India | |||
| Elite Comtrade Private Limitedthis company | ₹49.34 Lakh (FY 2020) | ₹18,391 | 0.4% | 2 | Delhi, India | |
| Udayashm Outsourcing Private Limited | ₹49.33 Lakh (FY 2023) | -11.0% | New Delhi, Delhi, India | |||
| Multipack Plastics Pvt Ltd | ₹49.31 Lakh (FY 2024) | -8.0% | Kolkata, West Bengal, India | |||
| Doon Vanijya Ltd | ₹49.29 Lakh (FY 2024) | 79.0% | Kolkata, West Bengal, India | |||
| Pawanraje Urban Multipurpose Nidhi Limited | ₹49.28 Lakh (FY 2022) | Parali, Maharashtra, India | ||||
| Blaise Impex Pvt. Ltd. | ₹49.26 Lakh (FY 2025) | 1.0% | Surat, Gujarat, India |
To see the full peer comparison of Elite Comtrade Private Limited, buy the company report.
Auditor
Elite Comtrade Private Limited is audited by KNA Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KNA Associates | FY 2017 | 014111N |
Shareholding
The shareholding of Elite Comtrade 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 Elite Comtrade Private Limited, buy the company report.
Legal cases
Elite Comtrade Private Limited has 6 court cases on record: 4 filed by Elite Comtrade, 2 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 2 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, Central, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Meerut, Uttar Pradesh | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, East, Delhi | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, East, Delhi | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of Elite Comtrade 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 Elite Comtrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Elite Comtrade Private Limited has a workforce of 2 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Elite Comtrade has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCE5753E1ZT | Delhi | Active | 01 Jul 2017 |
| 06AABCE5753E1ZV | Haryana | Active | 01 Jul 2017 |
| 09AABCE5753E1ZP | Uttar Pradesh | Active | 01 Jul 2017 |
| 03AABCE5753E1Z1 | Punjab | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Elite Comtrade Private Limited, buy the company report.
Recent activity
Elite Comtrade Private Limited has 10 board changes on record since 2006: 5 appointments and 5 cessations. The latest: Dheeraj Bhatia ceased to be Additional Director on 30 Sep 2016.
1 earlier event is in the company report.
Frequently asked questions
Elite Comtrade 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.
Elite Comtrade was a private limited company based in Delhi, India. The company worked in financial activities, within the financial services industry. It was incorporated on 22 February 2006 and is registered under CIN U51909DL2006PTC146717. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Elite Comtrade was incorporated on 22 February 2006. It is registered with the Registrar of Companies, Delhi.
Elite Comtrade had 5 directors:
- Ravinder Parkash Seth - Director
- Dheeraj Bhatia - Director
- Vikram Luthra - Director
- Ankur Seth - Director
- Tarun Gera - Director
The CIN (Corporate Identification Number) of Elite Comtrade is U51909DL2006PTC146717. 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 Elite Comtrade is at S – 8 Dda Shopping Complex Mayur Vihar Phase I, Delhi, India – 110091.
The latest financial statements of Elite Comtrade on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 05 October 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Elite Comtrade is 07AABCE5753E1ZT, registered in Delhi. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 06AABCE5753E1ZV (Haryana), 09AABCE5753E1ZP (Uttar Pradesh), 03AABCE5753E1Z1 (Punjab).
Elite Comtrade operated in the financial services industry, in the financial activities segment.
The peers of Elite Comtrade by revenue are Swayam Sahyog Nidhi Limited, Srijak Nidhi Limited, Gee-Kay Commercial & Credit Services Pvt.Ltd, Vinunjayath Chits Private Limited, Krishnav Forex & Travels Private Limited and 5 more, all in the same principal business activity (other financial activities).
Elite Comtrade has 6 court cases on record: 4 filed by the company and 2 filed against it. 2 are pending.