Madhav Commodity Limited
About Madhav Commodity Limited
Data last updated:
Madhav Commodity Limited is a public limited company based in Sangrur, Punjab, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the financial auxiliary services segment of the financial services sector. It was incorporated on 27 May 2008.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U67110PB2008PLC031961. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Madhav Commodity Pivate Limited and Waves Commodities Private Limited. It is led by directors including Neeraj Bansal and Chander Kala.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Opp. Mc Office Near Old Telephone Exchange Club Road Sangrur, Punjab, India – 148001.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.17 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹8.35 Lakh and EBITDA of -₹8.32 Lakh.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Name history
Madhav Commodity has undergone 3 name changes throughout its history. The company was previously known as Madhav Commodity Pivate Limited, Waves Commodities Private Limited, and Madhav Commodity Private Limited. The current legal name is Madhav Commodity Limited.
| Company Name | Status |
|---|---|
| Madhav Commodity Limited | Current |
| Madhav Commodity Pivate Limited | Previous |
| Waves Commodities Private Limited | Previous |
| Madhav Commodity Private Limited | Previous |
CIN history
Madhav Commodity has one previous CIN (Corporate Identification Number): U67110PB2008PTC031961. The current CIN is U67110PB2008PLC031961, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67110PB2008PLC031961 | Current |
| U67110PB2008PTC031961 | Previous |
Contact details
Madhav Commodity Limited's registered office is in Sangrur, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOpp. Mc Office Near Old Telephone Exchange Club Road Sangrur, Punjab, India – 148001
- IndustryFinancial Services, Auxiliary To Financial Intermediatory, Financial Market Administration
To see the full contact details of Madhav Commodity 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 Madhav Commodity Limited
FY 2017 filings availableMadhav Commodity Limited reported revenue of ₹1.17 Lakh (down 47% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.17 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.32 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹8.35 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Madhav Commodity Limited, buy the company report.
Board of directors of Madhav Commodity Limited
Madhav Commodity has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Bansal Also directs: Chander Kala Enterprises Private Limited | Director | 27 May 2008 | 18 Years 5 Months | As last reported |
| Chander Kala | Director | 27 May 2008 | 18 Years 5 Months | As last reported |
| Santosh Bansal | Director | 30 Jan 2015 | 11 Years 9 Months | As last reported |
Auditor
Madhav Commodity Limited is audited by VIVEK SEHGAL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK SEHGAL & CO. | FY 2017 | 089198 |
Shareholding
The shareholding of Madhav Commodity Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Madhav Commodity Limited, buy the company report.
Legal cases
Madhav Commodity Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Income Tax Officer | Disposed |
To see the full case history of Madhav Commodity 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 Madhav Commodity Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhav Commodity 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 Madhav Commodity Limited, buy the company report.
Recent activity
Madhav Commodity Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Dinesh Bansal ceased to be Director on 30 Jan 2015.
Frequently asked questions
Madhav Commodity is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Madhav Commodity is a company under liquidation, formerly operating as a public limited company based in Sangrur, Punjab, India. The company works in auxiliary to financial intermediatory, within the financial services industry. It was incorporated on 27 May 2008 and is registered under CIN U67110PB2008PLC031961. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Madhav Commodity has 3 current directors:
- Neeraj Bansal - Director
- Chander Kala - Director
- Santosh Bansal - Director
The latest financial statements of Madhav Commodity on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Madhav Commodity is U67110PB2008PLC031961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhav Commodity has 1 court case on record: 1 filed against it.
Madhav Commodity was incorporated on 27 May 2008. It is registered with the Registrar of Companies, Chandigarh.
Dinesh Bansal ceased to be Director on 30 Jan 2015. Santosh Bansal was appointed as Director on 30 Jan 2015. Jimmy Bansal ceased to be Director on 15 Dec 2012. Madhav Commodity has 6 board changes on record in total.
The registered office of Madhav Commodity is at Opp. Mc Office Near Old Telephone Exchange Club Road Sangrur, Punjab, India – 148001.
No. Madhav Commodity has 1 GST registration on record and it is cancelled or inactive.
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