Arion Commercial Pvt Ltd
About Arion Commercial Pvt Ltd
Data last updated:
Arion Commercial Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC078768.
The company had an authorised share capital of ₹7.1 Cr and a paid-up capital of ₹7.09 Cr. It was led by directors Nitin Garg and Vinod Garg Kumar.
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 was at 5 Synagogue Street 9th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.99 Lakh, a growth of 80% compared to the previous year. For the same year it recorded a net loss of ₹16,811 (net margin -8.4%) and EBITDA of -₹8,370 (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Arion Commercial Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Synagogue Street 9th Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Arion Commercial Pvt Ltd, 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 Arion Commercial is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Arion Commercial Pvt Ltd, buy the company report.
Financials of Arion Commercial Pvt Ltd
FY 2018 filings availableArion Commercial Pvt Ltd reported revenue of ₹1.99 Lakh (up 80% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 70%. EBITDA fell 120% 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 |
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| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹8,370 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16,811 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.2% | |||
| Net Profit Margin | -8.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Arion Commercial Pvt Ltd, buy the company report.
Board of directors of Arion Commercial Pvt Ltd
Arion Commercial has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Garg Also directs: Vihaan Chemicals Private Limited, RV Healthways Private Limited, Emm Aar Tourism Private Limited and 1 more | Director | 01 Feb 2013 | 13 Years 9 Months | As last reported |
| Vinod Garg Kumar Also directs: Veekay Rexine LLP, Vihaan Chemicals Private Limited, RV Healthways Private Limited and 2 more | Director | 01 Feb 2013 | 13 Years 9 Months | As last reported |
Peer comparison
Arion Commercial Pvt Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi Rise Merchants Pvt Ltd | ₹2 Lakh (FY 2024) | -78.0% | Kolkata, West Bengal, India | |||
| Ankit Credits Pvt Ltd | ₹2 Lakh (FY 2025) | -98.0% | Kolkata, West Bengal, India | |||
| Arion Commercial Pvt Ltdthis company | ₹1.99 Lakh (FY 2018) | -₹16,811 | -8.4% | 80.0% | Kolkata, West Bengal, India | |
| Telecom Investments India Private Limited | ₹1.95 Lakh (FY 2018) | -82.0% | Mumbai, Maharashtra, India | |||
| Sweta Financial Services Pvt.Ltd. | ₹1.95 Lakh (FY 2021) | -84.0% | Kolkata, West Bengal, India | |||
| Ramver Distributors Pvt.Ltd. | ₹1.94 Lakh (FY 2024) | 8.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Arion Commercial Pvt Ltd, buy the company report.
Auditor
Arion Commercial Pvt Ltd is audited by P. CHAKRABORTY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. CHAKRABORTY & ASSOCIATES | FY 2017 | 324690E |
Shareholding
The shareholding of Arion Commercial Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Arion Commercial Pvt Ltd, buy the company report.
Legal cases
Arion Commercial Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by Commissioner of Income Tax, Kolkata- II | Disposed |
To see the full case history of Arion Commercial Pvt Ltd, 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 Arion Commercial Pvt Ltd; 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 Arion Commercial Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Arion Commercial Pvt Ltd has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Manoj Sharma ceased to be Director on 09 Jan 2015.
4 earlier events are in the company report.
Frequently asked questions
Arion Commercial has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Arion Commercial was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 March 1996 and is registered under CIN U51909WB1996PTC078768. The company has been struck off by the Registrar of Companies and is no longer operational.
Arion Commercial had 2 directors:
- Nitin Garg - Director
- Vinod Garg Kumar - Director
The CIN (Corporate Identification Number) of Arion Commercial is U51909WB1996PTC078768. 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 Arion Commercial is at 5 Synagogue Street 9th Floor, Kolkata, West Bengal, India – 700001.
Arion Commercial was incorporated on 28 March 1996. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Arion 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.
Arion Commercial operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Arion Commercial by revenue are Hi Rise Merchants Pvt Ltd, Ankit Credits Pvt Ltd, Telecom Investments India Private Limited, Sweta Financial Services Pvt.Ltd, Ramver Distributors Pvt.Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Arion Commercial has 1 court case on record: 1 filed against it.
Manoj Sharma ceased to be Director on 09 Jan 2015. Bikram Kumar Das ceased to be Director on 20 Feb 2013. Nitin Garg was appointed as Director on 01 Feb 2013. Arion Commercial has 13 board changes on record in total.
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