V2 Commodities Private Limited
About V2 Commodities Private Limited
Data last updated:
V2 Commodities Private Limited was a private limited company based in Chennai, Tamil Nadu, India. 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 retail trading segment of the trading and commerce sector. It was incorporated on 31 January 2013.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U52399TN2013PTC089482. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Uttam Chand Sunill Nahar and Sanket Jagdish Salunkhe.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Sri Sakthi Complex Old No. 7 New No. 13 Krishnappa Maistry Street Park Town, Chennai, Tamil Nadu, India – 600003.
As per the financials filed for FY 2020, the company reported a revenue of ₹58.75 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.02 Lakh (net margin 3.4%) and EBITDA of ₹55.24 Lakh (EBITDA margin 94%). Revenue has grown at a compounded annual rate (CAGR) of 369% over three years.
Company details
Contact details
V2 Commodities Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSri Sakthi Complex Old No. 7 New No. 13 Krishnappa Maistry Street Park Town, Chennai, Tamil Nadu, India – 600003
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of V2 Commodities 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 V2 Commodities 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 V2 Commodities Private Limited, buy the company report.
Financials of V2 Commodities Private Limited
FY 2021 filings availableV2 Commodities Private Limited reported revenue of ₹58.75 Lakh (up 729% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 369% over three years, including 729% growth 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 |
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| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹58.75 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | ₹55.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.02 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 | 94% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of V2 Commodities Private Limited, buy the company report.
Board of directors of V2 Commodities Private Limited
V2 Commodities has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uttam Chand Sunill Nahar | Director | 20 Sep 2016 | 10 Years 1 Months | As last reported |
| Sanket Jagdish Salunkhe | Director | 20 Sep 2016 | 10 Years 1 Months | As last reported |
Auditor
V2 Commodities Private Limited is audited by SANJAY KADEL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY KADEL & CO | FY 2017 | 010651S |
Shareholding
The shareholding of V2 Commodities Private 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 V2 Commodities Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving V2 Commodities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V2 Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
V2 Commodities 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 V2 Commodities Private Limited, buy the company report.
Recent activity
V2 Commodities Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Sanket Jagdish Salunkhe ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
V2 Commodities 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.
V2 Commodities was a private limited company based in Chennai, Tamil Nadu, India. The company worked in retail trading, within the trading industry. It was incorporated on 31 January 2013 and is registered under CIN U52399TN2013PTC089482. The company has been struck off by the Registrar of Companies and is no longer operational.
V2 Commodities had 2 directors:
- Uttam Chand Sunill Nahar - Director
- Sanket Jagdish Salunkhe - Director
The CIN (Corporate Identification Number) of V2 Commodities is U52399TN2013PTC089482. 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 V2 Commodities is at Sri Sakthi Complex Old No. 7 New No. 13 Krishnappa Maistry Street Park Town, Chennai, Tamil Nadu, India – 600003.
V2 Commodities was incorporated on 31 January 2013. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of V2 Commodities on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. V2 Commodities has 1 GST registration on record and it is cancelled or inactive.
V2 Commodities operated in the trading industry, in the retail trading segment. It worked in this industry before it was struck off.
Sanket Jagdish Salunkhe ceased to be Additional Director on 30 Sep 2017. Uttam Chand Sunill Nahar ceased to be Additional Director on 30 Sep 2017. Deepak Bhimarao ceased to be Director on 21 Sep 2016. V2 Commodities has 6 board changes on record in total.