Retail Kart Solution Private Limited
About Retail Kart Solution Private Limited
Data last updated:
Retail Kart Solution Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the eatables and beverages distributors segment of the food and beverages sector. It was incorporated on 15 January 2015.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52500DL2015PTC275495. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dharmender Suhag and Sanjay Suhag.
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 Rz P – 222 – Kh – 43/12 Raj Nagar II Palam Colony New Delhi – 110077, Delhi, India – 110077.
As per the financials filed for FY 2020, the company reported a revenue of ₹35.4 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹27.59 Lakh (net margin -77.9%) and EBITDA of -₹26.9 Lakh (EBITDA margin -76%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 20% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
Company details
Contact details
Retail Kart Solution 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 AddressRz P – 222 – Kh – 43/12 Raj Nagar II Palam Colony New Delhi – 110077, Delhi, India – 110077
- IndustryFood And Beverages, Eatables & Beverages Distributors
To see the full contact details of Retail Kart Solution 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 Retail Kart Solution is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Retail Kart Solution Private Limited, buy the company report.
Financials of Retail Kart Solution Private Limited
FY 2024 filings availableRetail Kart Solution Private Limited reported revenue of ₹35.4 Lakh (down 91% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 91% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹35.4 Lakh | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | -₹26.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.59 Lakh | ||||
| 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 | -76% | ||||
| Net Profit Margin | -77.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Retail Kart Solution Private Limited, buy the company report.
Board of directors of Retail Kart Solution Private Limited
Retail Kart Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmender Suhag Also directs: Neelara Ventures Private Limited | Director | 06 Oct 2018 | 8 Years 0 Months | As last reported |
| Sanjay Suhag Also directs: Anytime Logistic Private Limited | Director | 15 Jan 2015 | 11 Years 9 Months | As last reported |
Auditor
Retail Kart Solution Private Limited is audited by D V & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V & CO | FY 2020 | 016745N |
Shareholding
The shareholding of Retail Kart Solution Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Retail Kart Solution Private Limited, buy the company report.
Legal cases
Retail Kart Solution Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by M/S Techmate Industries | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by an individual | Disposed |
To see the full case history of Retail Kart Solution 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 Retail Kart Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Retail Kart Solution 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 Retail Kart Solution Private Limited, buy the company report.
Recent activity
Retail Kart Solution Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Manish Gupta Kumar ceased to be Director on 20 Nov 2018.
Frequently asked questions
Retail Kart Solution is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Retail Kart Solution is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in eatables and beverages distributors, within the food and beverages industry. It was incorporated on 15 January 2015 and is registered under CIN U52500DL2015PTC275495. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Retail Kart Solution has 2 current directors:
- Dharmender Suhag - Director
- Sanjay Suhag - Director
The latest financial statements of Retail Kart Solution 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.
The CIN (Corporate Identification Number) of Retail Kart Solution is U52500DL2015PTC275495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Retail Kart Solution has 3 court cases on record: 3 filed against it. Most are in the nclt.
Retail Kart Solution was incorporated on 15 January 2015. It is registered with the Registrar of Companies, Delhi.
Manish Gupta Kumar ceased to be Director on 20 Nov 2018. Dharmender Suhag was appointed as Director on 06 Oct 2018. Sanjay Suhag was appointed as Director on 15 Jan 2015.
The registered office of Retail Kart Solution is at Rz P – 222 – Kh – 4312 Raj Nagar II Palam Colony New Delhi – 110077, Delhi, India – 110077.
No. Retail Kart Solution has 1 GST registration on record and it is cancelled or inactive.