Adopt Commotrade Private Limited
About Adopt Commotrade Private Limited
Data last updated:
Adopt Commotrade Private Limited was a private limited company based in Raipur, Chattisgarh, 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 jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 28 April 2010.
The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51101CT2010PTC014089.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.61 Lakh. It was led by directors Shilpa Singhania and Raghvendra Singhania.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Flat No. C2 602 Vip Karishma Apartment Shankar Nagar, Khamardih India, Raipur, Chattisgarh, India – 492001.
As per the financials filed for FY 2023, the company reported a revenue of ₹22,450, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹786 (net margin 3.5%) and EBITDA of -₹15,500 (EBITDA margin -69%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 29% over five years.
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- Registered AddressFlat No. C2 602 Vip Karishma Apartment Shankar Nagar, Khamardih India, Raipur, Chattisgarh, India – 492001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
CIN History of Adopt Commotrade Private Limited
Adopt Commotrade has one previous CIN (Corporate Identification Number): U51101WB2010PTC146182. The current CIN is U51101CT2010PTC014089, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101CT2010PTC014089 | Current |
| U51101WB2010PTC146182 | Previous |
Auditor Details of Adopt Commotrade Private Limited
Adopt Commotrade Private Limited is audited by RAJENDRA PRASAD CHARTERED ACCOUNTANTS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJENDRA PRASAD CHARTERED ACCOUNTANTS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Adopt Commotrade Private Limited
Adopt Commotrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Singhania Also directs: Vardaan Green Acres LLP, Cleanearth Enterprises LLP, Vedvilla Infraedge LLP and 2 more | Director | 28 May 2010 | 16 Years 4 Months | As last reported |
| Raghvendra Singhania Also directs: Vardaan Green Acres LLP, Cleanearth Enterprises LLP, Vedvilla Infraedge LLP and 5 more | Director | 28 May 2010 | 16 Years 4 Months | As last reported |
Financials of Adopt Commotrade Private Limited FY 2023 filings available
Adopt Commotrade Private Limited reported revenue of ₹22,450 (down 45% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Adopt Commotrade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 45% 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 of Adopt Commotrade Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹22,450 | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹15,500 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹786 | •••• | •••• | •••• | •••• |
| 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 of Adopt Commotrade Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -69% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.5% | •••• | •••• | •••• | •••• |
| 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 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 Adopt Commotrade 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
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adopt Commotrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Group Structure of Adopt Commotrade Private Limited
Adopt Commotrade has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Charges & Borrowings of Adopt Commotrade Private Limited
Adopt Commotrade Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Adopt Commotrade Private Limited
Employment history and EPFO contributions of people linked to Adopt Commotrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Adopt Commotrade Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Adopt Commotrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adopt Commotrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adopt Commotrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adopt Commotrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Adopt Commotrade Private Limited
Frequently Asked Questions about Adopt Commotrade Private Limited
Adopt Commotrade 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.
Adopt Commotrade was a private limited company based in Raipur, Chattisgarh, India. The company worked in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 28 April 2010 and is registered under CIN U51101CT2010PTC014089. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Adopt Commotrade was incorporated on 28 April 2010. It is registered with the Registrar of Companies, Chhattisgarh.
Adopt Commotrade had 2 directors:
- Shilpa Singhania - Director
- Raghvendra Singhania - Director
The CIN (Corporate Identification Number) of Adopt Commotrade is U51101CT2010PTC014089. 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 Adopt Commotrade is at Flat No. C2 602 Vip Karishma Apartment Shankar Nagar, Khamardih India, Raipur, Chattisgarh, India – 492001.
Adopt Commotrade reported revenue of ₹22,450 for FY 2023 (down 45% YoY).
Adopt Commotrade has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.61 Lakh.
Adopt Commotrade reported a net profit of ₹786 (net margin 3.5%) and EBITDA of -₹15,500 (EBITDA margin -69%) for FY 2023, as per its filed financial statements.