Akarshan Multitrade Private Limited
About Akarshan Multitrade Private Limited
Data last updated:
Akarshan Multitrade Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Distinct Projects Private Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the specialised retail segment of the home appliances and consumer durables sector. It was incorporated on 06 January 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U52300DL2010PTC333956.
The company had an authorised share capital of ₹25.25 Cr and a paid-up capital of ₹24.05 Cr. It was led by directors Sushil Pareek and Sanjeev Pandey.
Its last annual general meeting (AGM) was held on 27 April 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at G – 82 2nd Floor Vijay Chowk Laxmi Nagar, Delhi, India – 110092.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.22 Lakh. For the same year it recorded a net loss of ₹1.74 Cr and EBITDA of -₹1.74 Cr. Revenue has declined at a compounded annual rate (CAGR) of 54% over five years.
As per MCA filings, the company had satisfied charges of ₹11.44 Cr on record.
CIN History of Akarshan Multitrade Private Limited
Akarshan Multitrade has one previous CIN (Corporate Identification Number): U52300HR2010PTC039915. The current CIN is U52300DL2010PTC333956, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52300DL2010PTC333956 | Current |
| U52300HR2010PTC039915 | Previous |
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- Registered AddressG – 82 2nd Floor Vijay Chowk Laxmi Nagar, Delhi, India – 110092
- IndustryHome Appliances, Specialized Stores, Retailers
- 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 Akarshan Multitrade Private Limited FY 2022 filings available
Akarshan Multitrade Private Limited reported revenue of ₹1.22 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR) of Akarshan Multitrade Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years. EBITDA rose 87% 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 Akarshan Multitrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | -₹1.74 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.74 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 of Akarshan Multitrade Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Akarshan Multitrade 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.
Board of Directors of Akarshan Multitrade Private Limited
Akarshan Multitrade has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Pareek | Director | 25 Nov 2021 | 4 Years 10 Months | As last reported |
| Sanjeev Pandey Also directs: Distinct Projects Private Limited | Director | 10 Aug 2019 | 7 Years 2 Months | As last reported |
Auditor Details of Akarshan Multitrade Private Limited
Akarshan Multitrade Private Limited is audited by PANKAJ MANUJA & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PANKAJ MANUJA & ASSOCIATES | 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.
Ownership and Shareholding of Akarshan Multitrade 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.
Charges & Borrowings of Akarshan Multitrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Jan 2015 | Srs Finance Limited. | ₹4 Cr | Satisfied |
| 20 Dec 2010 | Srs Finance Limited. | ₹7.44 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Akarshan Multitrade Private Limited
Employment history and EPFO contributions of people linked to Akarshan Multitrade.
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.
Recent Activity on Akarshan Multitrade Private Limited
Akarshan Multitrade Private Limited has 18 board changes on record since 2011: 2 appointments and 16 cessations. The latest: Sushil Pareek ceased to be Additional Director on 27 Apr 2022.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Akarshan Multitrade 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 Akarshan Multitrade 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 Akarshan Multitrade 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.
GST Compliance of Akarshan Multitrade 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.
MCA Filings & Documents of Akarshan Multitrade 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.
Frequently Asked Questions about Akarshan Multitrade Private Limited
Akarshan Multitrade has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Akarshan Multitrade was a private limited company based in Delhi, India. The company worked in specialized stores, within the home appliances industry. It was incorporated on 06 January 2010 and is registered under CIN U52300DL2010PTC333956. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Akarshan Multitrade was incorporated on 06 January 2010. It is registered with the Registrar of Companies, Delhi.
Akarshan Multitrade had 2 directors:
- Sushil Pareek - Director
- Sanjeev Pandey - Director
The CIN (Corporate Identification Number) of Akarshan Multitrade is U52300DL2010PTC333956. 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 Akarshan Multitrade is at G – 82 2nd Floor Vijay Chowk Laxmi Nagar, Delhi, India – 110092.
Akarshan Multitrade reported revenue of ₹1.22 Lakh for FY 2022.
Akarshan Multitrade has an authorised share capital of ₹25.25 Cr and a paid-up capital of ₹24.05 Cr.
Akarshan Multitrade reported a net loss of ₹1.74 Cr and EBITDA of -₹1.74 Cr for FY 2022, as per its filed financial statements.
Akarshan Multitrade operated in the home appliances industry, in the specialized stores segment.