Swift Distributors Private Limited
About Swift Distributors Private Limited
Data last updated:
Swift Distributors Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the insurance and pension funding segment of the insurance sector. It was incorporated on 22 August 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U66000WB2008PTC128672. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹55 Lakh and a paid-up capital of ₹53.22 Lakh. It was led by directors including Rohit Kumar Gangwal (Whole-Time Director) and Nisha Devi Gangwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 31 Alexandra Court 2nd Floor 60/1 Chowringhee Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.18 Cr (net margin -18%) and EBITDA of -₹59.41 Lakh (EBITDA margin -9%).
CIN History
Swift Distributors has one previous CIN (Corporate Identification Number): U51109WB2008PTC128672. The current CIN is U66000WB2008PTC128672, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66000WB2008PTC128672 | Current |
| U51109WB2008PTC128672 | Previous |
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- Registered Address31 Alexandra Court 2nd Floor 60/1 Chowringhee Road, Kolkata, West Bengal, India – 700020
- IndustryInsurance, Insurance & Pension Funding
- 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
- One PDF report, delivered after checkout
Financials of Swift Distributors Private Limited
FY 2018 filings availableSwift Distributors Private Limited reported revenue of ₹6.58 Cr (up 480% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 480% in the latest year. EBITDA fell 175% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹59.41 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.18 Cr | |
| 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 2017-18 | FY 2014-15 to FY 2016-17in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -9% | |
| Net Profit Margin | -18% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2014-15 to FY 2016-17, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Swift Distributors are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Board of Directors of Swift Distributors Private Limited
Swift Distributors has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kumar Gangwal | Whole-Time Director | 25 May 2012 | 14 Years 4 Months | As last reported |
| Nisha Devi Gangwal Also directs: Campus Suppliers LLP, Deergold Distributors LLP, Arihant Chemicals Industries Ltd and 3 more | Whole-Time Director | 25 May 2012 | 14 Years 4 Months | As last reported |
| Rajendra Kumar Gangwal | Whole-Time Director | 25 May 2012 | 14 Years 4 Months | As last reported |
Auditor Details
Swift Distributors Private Limited is audited by BAIDANDCOMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BAIDANDCOMPANY | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Swift Distributors Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Swift Distributors.
: available in the company report
Recent Activity
Swift Distributors Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Nisha Devi Gangwal ceased to be Director on 13 Apr 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Swift Distributors has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Swift Distributors 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.
Swift Distributors was a private limited company based in Kolkata, West Bengal, India. The company worked in insurance and pension funding, within the insurance industry. It was incorporated on 22 August 2008 and is registered under CIN U66000WB2008PTC128672. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Swift Distributors was incorporated on 22 August 2008. It is registered with the Registrar of Companies, Kolkata.
Swift Distributors had 3 directors:
- Rohit Kumar Gangwal - Whole-Time Director
- Nisha Devi Gangwal - Whole-Time Director
- Rajendra Kumar Gangwal - Whole-Time Director
The CIN (Corporate Identification Number) of Swift Distributors is U66000WB2008PTC128672. 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 Swift Distributors is at 31 Alexandra Court 2nd Floor 601 Chowringhee Road, Kolkata, West Bengal, India – 700020.
The latest financial statements of Swift Distributors on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Swift Distributors has 1 GST registration on record and it is cancelled or inactive.
Swift Distributors operated in the insurance industry, in the insurance and pension funding segment.
Nisha Devi Gangwal ceased to be Director on 13 Apr 2017. Rajendra Kumar Gangwal ceased to be Director on 13 Apr 2017. Rohit Kumar Gangwal ceased to be Director on 13 Apr 2017. Swift Distributors has 10 board changes on record in total.