
About Advait Merchandise Private Limited
Data last updated:
Advait Merchandise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 13 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U47820GJ2008PTC052901. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹18 Lakh. It was formerly known as Anagram Knowledge Academy Limited. It is led by directors including Devanshu Sureshchandra Desai and Karishma Hasmukhbhai Patel.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 53 Shrimali Soc. Narayan Nidhi Road Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.04 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹7.56 Lakh (net margin 13.5%) and EBITDA of ₹18.89 Lakh (EBITDA margin 33.7%). Revenue has grown at a compounded annual rate (CAGR) of 478% over three years and 340% over five years.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹20 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knowledgeacademy.in.
Company details
Name history
Advait Merchandise has undergone 2 name changes throughout its history. The company was previously known as Anagram Knowledge Academy Limited, and Advait Merchandise Private Limited. The current legal name is Advait Merchandise Private Limited.
| Company Name | Status |
|---|---|
| Advait Merchandise Private Limited | Current |
| Anagram Knowledge Academy Limited | Previous |
CIN history
Advait Merchandise has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U47820GJ2008PTC052901, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47820GJ2008PTC052901 | Current |
| U47820GJ2008PLC052901 | Previous |
| U80212GJ2008PLC052901 | Previous |
| U74110GJ2008PLC052901 | Previous |
Contact details
Advait Merchandise Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address53 Shrimali Soc. Narayan Nidhi Road Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009
- 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 Advait Merchandise is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Advait Merchandise Private Limited, buy the company report.
Financials of Advait Merchandise Private Limited
FY 2025 filings availableAdvait Merchandise Private Limited reported revenue of ₹56.04 Lakh (up 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 340% over five years, including 35% growth in the latest year. EBITDA fell 3% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹18.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.56 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.7% | ||||
| Net Profit Margin | 13.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Advait Merchandise Private Limited, buy the company report.
Board of directors of Advait Merchandise Private Limited
Advait Merchandise has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devanshu Sureshchandra Desai | Director | 10 Apr 2019 | 7 Years 6 Months | Current |
| Karishma Hasmukhbhai Patel Also directs: Aura Weaving Private Limited, Multiples Private Equity Fund II LLP, Arvind Smart Textiles Limited and 1 more | Director | 18 May 2022 | 4 Years 5 Months | Current |
| Jayesh N Thakkar | Director | 24 Mar 2016 | 10 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100717868 | Others | ₹2.5 Cr | Open | |
| 13 Jul 2010 | 10231641 | State Bank of India | ₹10 Cr | Satisfied | |
| 05 May 2010 | 10220975 | State Bank of India | ₹10 Cr | Satisfied |
To see the full charge records of Advait Merchandise Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Advait Merchandise Private Limited has 3 court cases on record: 3 filed by Advait Merchandise. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (COMP) | Filed by the company | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Advait Merchandise 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 Advait Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advait Merchandise 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 Advait Merchandise Private Limited, buy the company report.
Recent activity
Advait Merchandise Private Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Karishma Hasmukhbhai Patel ceased to be Additional Director on 30 Sep 2022.
11 earlier events are in the company report.
Frequently asked questions
Advait Merchandise is an active private limited company based in Ahmedabad, Gujarat, India. It was incorporated on 13 February 2008 (18+ years old) and is registered under CIN U47820GJ2008PTC052901.
Advait Merchandise has 3 current directors:
- Devanshu Sureshchandra Desai - Director
- Karishma Hasmukhbhai Patel - Director
- Jayesh N Thakkar - Director
The latest financial statements of Advait Merchandise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Advait Merchandise has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Advait Merchandise is U47820GJ2008PTC052901. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advait Merchandise has 3 court cases on record: 3 filed by the company.
Advait Merchandise was incorporated on 13 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Karishma Hasmukhbhai Patel ceased to be Additional Director on 30 Sep 2022. Akshay Dodiya ceased to be Director on 18 May 2022. Karishma Hasmukhbhai Patel was appointed as Director on 18 May 2022. Advait Merchandise has 15 board changes on record in total.
Advait Merchandise can be reached through the website knowledgeacademy.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Advait Merchandise is at 53 Shrimali Soc. Narayan Nidhi Road Mithakhali Six Roads Navrangpura, Ahmedabad, Gujarat, India – 380009.

