Akon Commotrade Private Limited
About Akon Commotrade Private Limited
Data last updated:
Akon Commotrade Private Limited was a private limited company based in Kolkata, West Bengal, 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 retail trading segment of the trading and commerce sector. It was incorporated on 08 December 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2010PTC155563.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It was led by directors Dinesh Kumar Agarwal and Sabita Agarwal.
Its last annual general meeting (AGM) was held on 23 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 36A Bentinck Street 2nd Floor, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2020, the company reported a revenue of ₹13.02 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹64,028 (net margin 4.9%) and EBITDA of ₹64,028 (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 130% over three years and 67% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Akon Commotrade Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address36A Bentinck Street 2nd Floor, Kolkata, West Bengal, India – 700069
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Akon Commotrade 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 Akon Commotrade 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 Akon Commotrade Private Limited, buy the company report.
Financials of Akon Commotrade Private Limited
FY 2020 filings availableAkon Commotrade Private Limited reported revenue of ₹13.02 Lakh (up 3% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over five years, including 3% growth in the latest year. EBITDA fell 78% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.02 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹64,028 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64,028 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 4.9% | ||||
| 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 Akon Commotrade Private Limited, buy the company report.
Board of directors of Akon Commotrade Private Limited
Akon Commotrade has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Kumar Agarwal Also directs: Isd Industries Private Limited, Limelight Estates Private Limited, Prosperity Trade Link Pvt Ltd and 2 more | Director | 06 Jun 2017 | 9 Years 4 Months | As last reported |
| Sabita Agarwal Also directs: Limelight Estates Private Limited, Prosperity Trade Link Pvt Ltd, Paradise Dealers Private Limited and 1 more | Director | 06 Jun 2017 | 9 Years 4 Months | As last reported |
Auditor
Akon Commotrade Private Limited is audited by ROHIT PODDAR & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT PODDAR & ASSOCIATES | FY 2020 | 327783E |
Shareholding
The shareholding of Akon Commotrade Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Akon Commotrade Private Limited, buy the company report.
Legal cases
Akon Commotrade Private Limited has 2 court cases on record: 2 filed by Akon Commotrade. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Akon Commotrade 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 Akon Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akon Commotrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akon Commotrade Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Anurag Kumar Agrawala ceased to be Director on 07 Jun 2017.
3 earlier events are in the company report.
Frequently asked questions
Akon 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.
Akon Commotrade was a private limited company based in Kolkata, West Bengal, India. The company worked in retail trading, within the trading industry. It was incorporated on 08 December 2010 and is registered under CIN U51909WB2010PTC155563. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Akon Commotrade was incorporated on 08 December 2010. It is registered with the Registrar of Companies, Kolkata.
Akon Commotrade had 2 directors:
- Dinesh Kumar Agarwal - Director
- Sabita Agarwal - Director
The CIN (Corporate Identification Number) of Akon Commotrade is U51909WB2010PTC155563. 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 Akon Commotrade is at 36A Bentinck Street 2nd Floor, Kolkata, West Bengal, India – 700069.
The latest financial statements of Akon Commotrade on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 23 December 2020. Year-wise statements from 2015 are in the company report.
Akon Commotrade operated in the trading industry, in the retail trading segment.
Akon Commotrade has 2 court cases on record: 2 filed by the company.
Anurag Kumar Agrawala ceased to be Director on 07 Jun 2017. Nilesh Kumar Agrawal ceased to be Director on 07 Jun 2017. Dinesh Kumar Agarwal was appointed as Director on 06 Jun 2017. Akon Commotrade has 12 board changes on record in total.