Naitik Multitrading Private Limited
About Naitik Multitrading Private Limited
Data last updated:
Naitik Multitrading Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Humble Multitrading Private Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 21 October 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC209269.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Manubhai Jinabhai Patel and Kamlesh Manubhai Patel.
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 was at Shop No. 3 Tapovan View Chs Ltd. Pathanwadi Road Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2017, the company reported a revenue of ₹20.02 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹5,466 (net margin 0%) and EBITDA of ₹8,031 (EBITDA margin 0%).
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Naitik Multitrading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 3 Tapovan View Chs Ltd. Pathanwadi Road Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Naitik Multitrading 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 Naitik Multitrading 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 |
To see the full business activity and turnover split of Naitik Multitrading Private Limited, buy the company report.
Financials of Naitik Multitrading Private Limited
FY 2017 filings availableNaitik Multitrading Private Limited reported revenue of ₹20.02 Cr (down 43% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year. EBITDA fell 54% 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 | ₹20.02 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8,031 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5,466 | ||
| 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 | 0% | ||
| Net Profit Margin | 0% | ||
| 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 Naitik Multitrading Private Limited, buy the company report.
Board of directors of Naitik Multitrading Private Limited
Naitik Multitrading has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Manubhai Patel Also directs: S. Jugal Multitrading Limited, Geeta Gopal Synthetic Pvt Ltd, Shyam Sunder Texfeb Private Limited and 5 more | Additional Director | 15 Oct 2019 | 7 Years 0 Months | As last reported |
| Manubhai Jinabhai Patel Also directs: S. Jugal Multitrading Limited, Geeta Gopal Synthetic Pvt Ltd, Shyam Sunder Texfeb Private Limited and 5 more | Director | 10 Jan 2011 | 15 Years 9 Months | As last reported |
Peer comparison
Naitik Multitrading Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Medi Biotek (India) Private Limited | ₹20.02 Cr (FY 2023) | -56.0% | Chennai, Tamil Nadu, India | |||
| A.S. Techno Green Private Limited | ₹20.02 Cr (FY 2024) | 114.0% | Sonipat, Haryana, India | |||
| Oltin Exim Private Limited | ₹20.02 Cr (FY 2021) | 60.0% | Hyderabad, Telangana, India | |||
| Hargo Enterprise Private Limited | ₹20.02 Cr (FY 2025) | 60.0% | Mumbai, Maharashtra, India | |||
| DGM Polymers Private Limited | ₹20.02 Cr (FY 2025) | 17.0% | Hyderabad, Telangana, India | |||
| Naitik Multitrading Private Limitedthis company | ₹20.02 Cr (FY 2017) | ₹5,466 | 0% | -43.0% | Mumbai, Maharashtra, India | |
| Farm Machinery & Tractor Company India Private Limited | ₹20.02 Cr (FY 2021) | -20.0% | Dibrugarh, Assam, India | |||
| Shri Maa Oils Limited | ₹20.02 Cr (FY 2025) | 3.0% | Indore, Madhya Pradesh, India | |||
| Armstrong Wires and Engineers Private Limited. | ₹20.01 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Maruthi Rexines Private Limited | ₹20.01 Cr (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| Beardsell Eastern Private Limited | ₹20.01 Cr (FY 2024) | 133.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Naitik Multitrading Private Limited, buy the company report.
Auditor
Naitik Multitrading Private Limited is audited by Halan & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Halan & Associates | FY 2017 | 141913W |
Shareholding
The shareholding of Naitik Multitrading 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 Naitik Multitrading Private Limited, buy the company report.
Legal cases
Naitik Multitrading Private Limited has 2 court cases on record: 2 filed by Naitik Multitrading. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Naitik Multitrading 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 Naitik Multitrading 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 Naitik Multitrading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Naitik Multitrading Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Kamlesh Manubhai Patel was appointed as Additional Director on 15 Oct 2019.
Frequently asked questions
Naitik Multitrading has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Naitik Multitrading was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 21 October 2010 and is registered under CIN U51909MH2010PTC209269. The company has been struck off by the Registrar of Companies and is no longer operational.
Naitik Multitrading had 2 directors:
- Kamlesh Manubhai Patel - Additional Director
- Manubhai Jinabhai Patel - Director
The CIN (Corporate Identification Number) of Naitik Multitrading is U51909MH2010PTC209269. 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 Naitik Multitrading is at Shop No. 3 Tapovan View Chs Ltd. Pathanwadi Road Malad East, Mumbai, Maharashtra, India – 400097.
Naitik Multitrading was incorporated on 21 October 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Naitik Multitrading 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.
Naitik Multitrading operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
The peers of Naitik Multitrading by revenue are Medi Biotek (India) Private Limited, A.S. Techno Green Private Limited, Oltin Exim Private Limited, Hargo Enterprise Private Limited, DGM Polymers Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Naitik Multitrading has 2 court cases on record: 2 filed by the company.
Kamlesh Manubhai Patel was appointed as Additional Director on 15 Oct 2019. Saroj Tiwari ceased to be Director on 15 Oct 2019. Manish Ratanlal Jain ceased to be Director on 20 Apr 2015. Naitik Multitrading has 7 board changes on record in total.