Addax Trading Private Limited
About Addax Trading Private Limited
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Addax Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 23 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PTC080517. Its GSTIN is 23AADCA5809P1ZH (Madhya Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors Suresh Kurkute and Abhay Pandit.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.04 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹19.43 Cr and EBITDA of -₹19.43 Cr. Revenue has declined at a compounded annual rate (CAGR) of 97% over three years.
As per MCA filings, the company has open charges of ₹25 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Addax Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 458 Wing – B 3rd Floor Orm Premises Csl Aarey Milk Colony Royal Palms Goregaon, East, Mumbai, Maharashtra, India – 400065
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Addax Trading 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
Financials of Addax Trading Private Limited
FY 2018 filings availableAddax Trading Private Limited reported revenue of ₹1.04 Lakh (down 100% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 97% over three years. EBITDA rose 53% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.04 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹19.43 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹19.43 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 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 Addax Trading Private Limited, buy the company report.
Board of directors of Addax Trading Private Limited
Addax Trading has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kurkute Also directs: Vishal Victory Oiltech Pvt Ltd., Inu Exports Private Limited, Dynacom Trading Private Limited and 4 more | Director | 01 Apr 2023 | 3 Years 7 Months | Current |
| Abhay Pandit Also directs: Inu Exports Private Limited, Dynacom Trading Private Limited, Vartika Mercantile Private Limited and 1 more | Director | 21 Aug 2023 | 3 Years 2 Months | Current |
Peer comparison
Addax Trading Private Limited is compared with the 10 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajoria Fats and Proteins Private Limited | ₹1.05 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Harshit Dealcom Private Limited | ₹1.05 Lakh (FY 2025) | 6.0% | Purulia, West Bengal, India | |||
| Agrikaash Farmers Producer Company Limited | ₹1.05 Lakh (FY 2024) | Varanasi, Uttar Pradesh, India | ||||
| Abacus Enviro Farms Private Limited | ₹1.05 Lakh (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Agridham Fed Farmer Producer Company Limited | ₹1.05 Lakh (FY 2025) | -23.0% | Hiriyurtaluk, Karnataka, India | |||
| Addax Trading Private Limitedthis company | ₹1.04 Lakh (FY 2018) | -₹19.43 Cr | -100.0% | Mumbai, Maharashtra, India | ||
| Forganic Private Limited | ₹1.04 Lakh (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Ark Relucent Private Limited | ₹1.04 Lakh (FY 2024) | -93.0% | Bhubaneswar, Odisha, India | |||
| A.G. Sales Private Limited | ₹1.04 Lakh (FY 2025) | 3.0% | Delhi, India | |||
| Sarda Milk & Agro Produce Private Limited | ₹1.04 Lakh (FY 2024) | 24.0% | Nashik, Maharashtra, India | |||
| Harikesh Tobacco Products Private Limited | ₹1.04 Lakh (FY 2021) | 0.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Addax Trading Private Limited, buy the company report.
Auditor
Addax Trading Private Limited is audited by PRITESH CHHAJED AND COMPANY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRITESH CHHAJED AND COMPANY | FY 2018 | 011926C |
Shareholding
The shareholding of Addax Trading Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Addax Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2006 | 10034620 | Icici Bank Limited | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Addax Trading Private Limited has 4 court cases on record: 2 filed by Addax Trading, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APP) | Filed against the company by Vision Millennium Exports Pvt. Ltd. | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S Vision Millennium Exports Pvt Ltd. Cin No. U51900mh1998ptc117622 | Disposed |
| District court, Indore, Madhya Pradesh | Court case (EX B) | Filed against the company by Ruchi Soya Industries Limited | Pending |
| NCLT, Mumbai | Company petition | Filed by the company | Disposed |
To see the full case history of Addax Trading 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 Addax Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Addax Trading has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
Addax Trading has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCA5809P1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Addax Trading Private Limited, buy the company report.
Recent activity
Addax Trading Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Abhay Pandit was appointed as Director on 21 Aug 2023.
Frequently asked questions
Addax Trading is an active private limited company based in Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 23 August 1994 (32+ years old) and is registered under CIN U51900MH1994PTC080517.
Addax Trading has 2 current directors:
- Suresh Kurkute - Director
- Abhay Pandit - Director
The latest financial statements of Addax Trading on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Addax Trading is 23AADCA5809P1ZH, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Addax Trading is U51900MH1994PTC080517. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Addax Trading has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Addax Trading was incorporated on 23 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Addax Trading by revenue are Bajoria Fats and Proteins Private Limited, Harshit Dealcom Private Limited, Agrikaash Farmers Producer Company Limited, Abacus Enviro Farms Private Limited, Agridham Fed Farmer Producer Company Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution, Food and Beverages Retail and Distribution).
Abhay Pandit was appointed as Director on 21 Aug 2023. Suresh Kurkute was appointed as Director on 01 Apr 2023. Manu Singh ceased to be Additional Director on 19 Jan 2017. Addax Trading has 8 board changes on record in total.
The registered office of Addax Trading is at Office No. 458 Wing – B 3rd Floor Orm Premises Csl Aarey Milk Colony Royal Palms Goregaon, East, Mumbai, Maharashtra, India – 400065.
Addax Trading operates in the agriculture industry, in the agro retail and distribution segment.
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