About Akriti Global Traders Limited
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Akriti Global Traders Limited is a public limited company based in Faridabad, Haryana, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 14 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U52602HR2006PLC051629. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹23.4 Cr and a paid-up capital of ₹19.3 Cr. It was formerly known as Akriti Realtech Limited and Akriti Realtech Private Limited. It is led by directors including Parmod Kumar (Whole-Time Director) and Monu Goyal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Shop No.E – 40 Nehru Ground N.I.T Faridabad, Haryana, India – 121001.
As per the financials filed for FY 2016, the company reported a revenue of ₹195.14 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹8.75 Cr (net margin -4.5%) and EBITDA of -₹7.41 Cr (EBITDA margin -3.8%).
As per MCA filings, the company has open charges of ₹29.9 Cr and satisfied charges of ₹104.74 Cr on record. Court records list 12 cases involving the company, including 2 filed by the company and 10 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website agtraders.co.in.
Company details
Name history
Akriti Global Traders has undergone 2 name changes throughout its history. The company was previously known as Akriti Realtech Limited, and Akriti Realtech Private Limited. The current legal name is Akriti Global Traders Limited.
| Company Name | Status |
|---|---|
| Akriti Global Traders Limited | Current |
| Akriti Realtech Limited | Previous |
| Akriti Realtech Private Limited | Previous |
CIN history
Akriti Global Traders has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52602HR2006PLC051629, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52602HR2006PLC051629 | Current |
| U70109DL2006PTC152036 | Previous |
| U52602DL2006PLC152036 | Previous |
| U70109DL2006PLC152036 | Previous |
Contact details
Akriti Global Traders Limited's registered office is in Faridabad, Haryana. Its website is agtraders.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No.E – 40 Nehru Ground N.I.T Faridabad, Haryana, India – 121001
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Akriti Global Traders 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 Akriti Global Traders 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 Akriti Global Traders Limited, buy the company report.
Financials of Akriti Global Traders Limited
FY 2016 filings availableAkriti Global Traders Limited reported revenue of ₹195.14 Cr (down 27% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹195.14 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹7.41 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹8.75 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -3.8% | |
| Net Profit Margin | -4.5% | |
| 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 Akriti Global Traders Limited, buy the company report.
Board of directors of Akriti Global Traders Limited
Akriti Global Traders has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monu Goyal | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Parmod Kumar Also directs: Divakar Sales Agencies Private Limited | Whole-Time Director | 01 Jul 2013 | 13 Years 3 Months | Current |
| Ashish Kumar | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Jitender Also directs: Stunning Suppliers and Traders Private Limited | Director | 05 Jul 2013 | 13 Years 3 Months | Current |
Peer comparison
Akriti Global Traders Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Globe Multi Ventures Limited | ₹203.45 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Shivansh Sales Agencies Private Limited | ₹199.67 Cr (FY 2016) | 55.0% | Faridabad, Haryana, India | |||
| Modern Distropolis Limited | ₹197.69 Cr (FY 2025) | 12.0% | Malappuram, Kerala, India | |||
| Akriti Global Traders Limitedthis company | ₹195.14 Cr (FY 2016) | -₹8.75 Cr | -4.5% | -27.0% | Faridabad, Haryana, India |
To see the full peer comparison of Akriti Global Traders Limited, buy the company report.
Auditor
Akriti Global Traders Limited is audited by KHEM SHIV & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHEM SHIV & ASSOCIATES | FY 2016 | 019459N |
Shareholding
The shareholding of Akriti Global Traders Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Akriti Global Traders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2015 | 10597478 | Srs Finance Limited. | ₹4.9 Cr | Open | |
| 16 Aug 2013 | 10451404 | Punjab National Bank | ₹25 Cr | Open | |
| 28 Mar 2012 | 10350472 | Srs Finance Limited. | ₹1.75 Cr | Satisfied | |
| 12 May 2011 | 10288672 | Union Bank of India | ₹3.22 Lakh | Satisfied | |
| 09 May 2011 | 10288669 | Union Bank of India | ₹3.24 Lakh | Satisfied |
To see the full charge records of Akriti Global Traders Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Akriti Global Traders Limited has 12 court cases on record: 2 filed by Akriti Global Traders, 10 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (COMP.APPL(IBC)) | Filed against the company by Sameer Rastogi (Liquidator) SRS Modern Sales Ltd. (Under Liquidation) | Disposed |
| District court, Faridabad, Haryana | Court case (C S) | Filed by the company against Ifci Ltd and 2 others | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed against the company | Pending |
| Supreme Court | Court case (0502-Land Acquisition & Requisition Matters : Matters challenging compensations) | Filed against the company by The State of Haryana Through Collector Faridabad ,Faridabad , Haryana and 4 others | Disposed |
| District court, Faridabad, Haryana | Court case (C R R) | Filed against the company by an individual | Disposed |
To see the full case history of Akriti Global Traders 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 Akriti Global Traders Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Akriti Global Traders 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 Akriti Global Traders Limited, buy the company report.
Recent activity
Akriti Global Traders Limited has 23 board changes on record since 2009: 4 appointments and 19 cessations. The latest: Jitender ceased to be Director on 01 Nov 2018.
64 earlier events are in the company report.
Frequently asked questions
Akriti Global Traders is an active public limited company based in Faridabad, Haryana, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 14 August 2006 (20+ years old) and is registered under CIN U52602HR2006PLC051629.
Akriti Global Traders has 4 current directors:
- Parmod Kumar - Whole-Time Director
- Monu Goyal - Director
- Ashish Kumar - Director
- Jitender - Director
The latest financial statements of Akriti Global Traders on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Akriti Global Traders has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Akriti Global Traders is U52602HR2006PLC051629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akriti Global Traders has 12 court cases on record: 2 filed by the company and 10 filed against it. 1 is pending. Most are in the district courts.
Akriti Global Traders was incorporated on 14 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Haryana.
The peers of Akriti Global Traders by revenue are Globe Multi Ventures Limited, Shivansh Sales Agencies Private Limited, Modern Distropolis Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Jitender ceased to be Director on 01 Nov 2018. Ashish Kumar ceased to be Director on 28 Sep 2018. Monu Goyal ceased to be Director on 01 May 2018. Akriti Global Traders has 23 board changes on record in total.
Akriti Global Traders can be reached through the website agtraders.co.in. Its registered office is in Faridabad, Haryana, India.
The registered office of Akriti Global Traders is at Shop No.E – 40 Nehru Ground N.I.T Faridabad, Haryana, India – 121001.