Ardor Global Private Limited

Ardor Global Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U24100GJ2011PTC064235 Incorporated 01 March 2011 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Liquidation Private Limited Company chemicals and materials
Data last updated
Revenue · FY 2015
₹2,420.38 Cr
▲ 26% YoY
Net profit · FY 2015
₹5.7 Cr
Net margin 0.2%
EBITDA · FY 2015
₹48.78 Cr
EBITDA margin 2%
Authorised capital
₹140 Cr
Registered with MCA
Paid-up capital
₹140 Cr
Issued & subscribed
Open charges
₹776.75 Cr
Satisfied ₹133.5 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
12
Provident fund records

About Ardor Global Private Limited

Data last updated:

Ardor Global Private Limited is a private limited company based in Ahmedabad, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 01 March 2011.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2011PTC064235. The company has 5 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹140 Cr and a paid-up capital of ₹140 Cr. It was formerly known as Chem-Edge Global Private Limited. It is led by directors Fenil Bharatbhai Shah (Managing Director) and Bharatbhai Ratanshi Shah.

Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 'Ardor House' Mondeal Business Park Beside Gurudwara S.G. Road Thaltej, Ahmedabad, Gujarat, India – 380059.

As per the financials filed for FY 2015, the company reported a revenue of ₹2,420.38 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.7 Cr (net margin 0.2%) and EBITDA of ₹48.78 Cr (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹776.75 Cr and satisfied charges of ₹133.5 Cr on record. Court records list 36 cases involving the company, including 29 filed by the company and 7 filed against it; 4 cases are pending.

The last known website on record is ardor-group.com.

Company Details of Ardor Global Private Limited
CIN U24100GJ2011PTC064235
Registration Number 064235
Incorporation Date 01 March 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 29 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    'Ardor House' Mondeal Business Park Beside Gurudwara S.G. Road Thaltej, Ahmedabad, Gujarat, India – 380059
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail
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Financials, compliance, directors, charges, ownership and filings for Ardor Global Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Ardor Global Private Limited FY 2015 filings available

Ardor Global Private Limited reported revenue of ₹2,420.38 Cr (up 26% YoY) for FY 2015.

Revenue · FY 2015
₹2,420.38 Cr ▲ 26%
Net profit · FY 2015
₹5.7 Cr margin 0.2%
EBITDA · FY 2015
₹48.78 Cr margin 2%

Compounded Annual Growth Rate (CAGR) of Ardor Global Private Limited

Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 88%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 69%

Revenue has grown at a compounded annual rate (CAGR) of 88% over three years, including 26% growth in the latest year. EBITDA fell 17% 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 Ardor Global Private Limited

MetricsFY 2014-15
Profit and Loss Statement
Revenue from Operations₹2,420.38 Cr
Other Income••••
Total Revenue••••
Cost of Materials Consumed••••
Employee Benefit Expense••••
Finance Costs••••
Depreciation and Amortisation••••
Other Expenses••••
Total Expenses••••
EBITDA₹48.78 Cr
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹5.7 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 Ardor Global Private Limited

MetricsFY 2014-15
Profitability
EBITDA Margin2%
Net Profit Margin0.2%
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 Ardor Global are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Ardor Global Private Limited

Ardor Global has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Fenil Bharatbhai ShahManaging Director01 Mar 201115 Years 7 MonthsAs last reported
Bharatbhai Ratanshi ShahDirector01 Mar 201115 Years 7 MonthsAs last reported

Auditor Details of Ardor Global Private Limited

Ardor Global Private Limited is audited by VIPUL & MANISH ASSOCIATES for the financial year 2015.

NameStatusAppointment DateCessation Date
VIPUL & MANISH ASSOCIATESLockedLockedLocked
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Ownership and Shareholding of Ardor Global Private Limited

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Charges & Borrowings of Ardor Global Private Limited

Open charges
₹776.75 Cr
Satisfied charges
₹133.5 Cr
Breakdown by lending institutions
Pnb Investment Service Ltd - Sec Trustee of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc₹762.75 Cr
Bank of Baroda₹14.00 Cr
Latest charge details
DateLenderAmountStatus
09 Sep 2014Bank of Baroda₹14 CrOpen
25 Jun 2013Pnb Investment Service Ltd - Sec Trustee of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc₹387.75 CrOpen
25 Jun 2013Pnb Investment Service Ltd - Sec Trustee of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc₹375 CrOpen
08 Apr 2013Central Bank of India₹47.5 CrSatisfied
14 Mar 2013Rajkot Nagrik Sahakari Bank Limited₹18 CrSatisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Ardor Global Private Limited

Employment history and EPFO contributions of people linked to Ardor Global.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Ardor Global Private Limited

Ardor Global Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Gitaben Bharatbhai Shah ceased to be Director on 01 Apr 2015.

AGM
Ardor Global Private Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records.
Ceased
Gitaben Bharatbhai Shah ceased to be Director.
Filing
Ardor Global Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad.
Charges
A charge with Pnb Investment Service Ltd - Sec Trustee Of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc of Rs. 387.75 Cr registered on 25 Jun 2013 with Charge ID 10435729 was modified on 17 Feb 2015.
Charges
A charge with Pnb Investment Service Ltd - Sec Trustee Of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc of Rs. 375.00 Cr registered on 25 Jun 2013 with Charge ID 10435730 was modified on 17 Feb 2015.
Charges
A charge with Bank Of Baroda amounted to Rs. 14.00 Cr with Charge ID 10518747 was registered on 09 Sep 2014.
Charges
A charge registered on 25 Mar 2011 via Charge ID 10278235 with State Bank Of India was fully satisfied on 02 Aug 2013.
Charges
A charge registered on 08 Apr 2013 via Charge ID 10417526 with Central Bank Of India was fully satisfied on 31 Jul 2013.
Charges
A charge registered on 14 Mar 2013 via Charge ID 10414426 with Rajkot Nagrik Sahakari Bank Limited was fully satisfied on 17 Jul 2013.
Charges
A charge with Pnb Investment Service Ltd - Sec Trustee Of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc amounted to Rs. 387.75 Cr with Charge ID 10435729 was registered on 25 Jun 2013.
Charges
A charge with Pnb Investment Service Ltd - Sec Trustee Of Boi Consortium Boi - Sbi - Bob - Ubi - Cbi - Rnsb - Obc amounted to Rs. 375.00 Cr with Charge ID 10435730 was registered on 25 Jun 2013.
Charges
A charge with Central Bank Of India amounted to Rs. 47.50 Cr with Charge ID 10417526 was registered on 08 Apr 2013.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ardor Global Private Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Ardor Global Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Ardor Global Private Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Ardor Global Private Limited

Ardor Global has 5 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
5
Cancelled / inactive
5
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ardor Global Private Limited

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MCA filings and documents

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Frequently Asked Questions about Ardor Global Private Limited

Ardor Global is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Ardor Global is a company under liquidation, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 01 March 2011 and is registered under CIN U24100GJ2011PTC064235. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Ardor Global reported revenue of ₹2,420.38 Cr for FY 2015 (up 26% YoY).

Ardor Global has 2 current directors:

Ardor Global reported a net profit of ₹5.7 Cr (net margin 0.2%) and EBITDA of ₹48.78 Cr (EBITDA margin 2%) for FY 2015, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Ardor Global is 88% over three years. In the latest year (FY 2015) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Ardor Global is U24100GJ2011PTC064235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ardor Global has open charges of ₹776.75 Cr and satisfied charges of ₹133.5 Cr as per latest MCA filings.

Ardor Global has 36 court cases on record: 29 filed by the company and 7 filed against it. 4 are pending.

Ardor Global was incorporated on 01 March 2011. It is registered with the Registrar of Companies, Ahmedabad.

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