About Arihant Multi Commercial Limited
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Arihant Multi Commercial Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 24 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51909MH1982PLC028972. Its GSTIN is 27AAACS6039G1ZD (Maharashtra). It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.62 Cr. It was formerly known as Lifeline Drugs and Pharma Ltd. It is led by directors Mayank Rasiklal Kotadia (Managing Director) and Minakshi Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.14 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹6,137 (net margin 0%) and EBITDA of ₹26,760 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years.
The company is associated with 1 brand: Arihant Multi Commercial. Court records list 5 cases involving the company, including 1 filed by the company and 4 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 arihantmulticom.com.
Company details
CIN history
Arihant Multi Commercial has one previous CIN (Corporate Identification Number): L51900MH1982PLC028972. The current CIN is L51909MH1982PLC028972, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909MH1982PLC028972 | Current |
| L51900MH1982PLC028972 | Previous |
Contact details
Arihant Multi Commercial Limited's registered office is in Mumbai, Maharashtra. Its website is arihantmulticom.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop No.7 Grnd Floor Shree Krishna Avenue Chs Ltd A Wing Sawarpada Corner Nr. Kajupada Pol, Ice Chowki, Mumbai, Maharashtra, India – 400066
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Arihant Multi Commercial 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
Brands
Arihant Multi Commercial operates one associated brand: Arihant Multi Commercial. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Group of companies focused on multiple industries | arihantmulticom.com |
Business activity
The main business activities of Arihant Multi Commercial are trade and financial and insurance service. In detail, this covers wholesale trading and financial advisory, brokerage and consultancy services. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Arihant Multi Commercial Limited, buy the company report.
Financials of Arihant Multi Commercial Limited
FY 2018 filings availableArihant Multi Commercial Limited reported revenue of ₹5.14 Cr (up 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 51%. EBITDA fell 65% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹5.14 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹26,760 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6,137 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.1% | |||
| Net Profit Margin | 0% | |||
| 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 Arihant Multi Commercial Limited, buy the company report.
Board of directors of Arihant Multi Commercial Limited
Arihant Multi Commercial has 2 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayank Rasiklal Kotadia | Managing Director | 25 Aug 2018 | 8 Years 2 Months | Current |
| Minakshi Singh Also directs: Penta Gold Limited, Winpro Industries Limited | Director | 25 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
Arihant Multi Commercial Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Broking Services, Jewellery and Gems Retail and Distribution, Metal 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 |
|---|---|---|---|---|---|---|
| Arihant Multi Commercial Limitedthis company | ₹5.14 Cr (FY 2018) | ₹6,137 | 0% | 13.0% | Mumbai, Maharashtra, India | |
| Karandeep Exims Private Limited | ₹5.14 Cr (FY 2016) | Jodhpur, Rajasthan, India | ||||
| Kapeeshwar Builders Private Limited | ₹5.14 Cr (FY 2025) | 69.0% | Kolkata, West Bengal, India | |||
| Kalyan Ispat (India) Pvt Ltd | ₹5.14 Cr (FY 2025) | 22.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Arihant Multi Commercial Limited, buy the company report.
Auditor
Arihant Multi Commercial Limited is audited by MAHESHWARI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHWARI & CO | FY 2018 | 105834W |
Shareholding
The shareholding of Arihant Multi Commercial Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Arihant Multi Commercial Limited, buy the company report.
Legal cases
Arihant Multi Commercial Limited has 5 court cases on record: 1 filed by Arihant Multi Commercial, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 0 |
| NCLT | 1 | 0 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vibgyor Vinimay Pvt. Ltd | Pending |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed against the company by Hetal Anish Shah Suspended Director of Vibgyor Vinimay Pvt Ltd | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Hetal Anish Shah Suspended Director Vibgyor Vinimay Pvt Ltd | Disposed |
To see the full case history of Arihant Multi Commercial 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 Arihant Multi Commercial Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arihant Multi Commercial has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6039G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arihant Multi Commercial Limited, buy the company report.
Recent activity
Arihant Multi Commercial Limited has 52 board changes on record since 2004: 27 appointments and 25 cessations. The latest: Sunil Krishnakumar Agarwal ceased to be Director on 16 Sep 2020.
43 earlier events are in the company report.
Frequently asked questions
Arihant Multi Commercial is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 24 December 1982 (44+ years old) and is registered under CIN L51909MH1982PLC028972.
Arihant Multi Commercial has 2 current directors:
- Mayank Rasiklal Kotadia - Managing Director
- Minakshi Singh - Director
The latest financial statements of Arihant Multi Commercial on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Arihant Multi Commercial is 27AAACS6039G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Arihant Multi Commercial is L51909MH1982PLC028972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arihant Multi Commercial is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Arihant Multi Commercial has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the nclat.
Arihant Multi Commercial was incorporated on 24 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arihant Multi Commercial by revenue are Karandeep Exims Private Limited, Kapeeshwar Builders Private Limited, Kalyan Ispat (India) Pvt Ltd, all in the Metals and Minerals industry (Broking Services, Jewellery and Gems Retail and Distribution, Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Sunil Krishnakumar Agarwal ceased to be Director on 16 Sep 2020. Sunil Krishnakumar Agarwal was appointed as Director on 04 Feb 2020. Rajen Valia Bharatbhai ceased to be Director on 30 Dec 2019. Arihant Multi Commercial has 52 board changes on record in total.
Arihant Multi Commercial can be reached through the website arihantmulticom.com. Its registered office is in Mumbai, Maharashtra, India.