Asap Retail Private Limited
About Asap Retail Private Limited
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Asap Retail Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 13 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC168469. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Pawan Ghai and Ramesh Ghai.
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 23 Bankim Mukherjee Sarani, Kolkata, West Bengal, India – 700053.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.45 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.56 Lakh (net margin 1.8%) and EBITDA of ₹23.07 Lakh (EBITDA margin 15.9%).
As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹46.5 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Asap Retail 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 Address23 Bankim Mukherjee Sarani, Kolkata, West Bengal, India – 700053
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Asap Retail 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 Asap Retail 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 Asap Retail Private Limited, buy the company report.
Financials of Asap Retail Private Limited
FY 2018 filings availableAsap Retail Private Limited reported revenue of ₹1.45 Cr (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 12% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.45 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹23.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.56 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 15.9% | ||
| Net Profit Margin | 1.8% | ||
| 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 Asap Retail Private Limited, buy the company report.
Board of directors of Asap Retail Private Limited
Asap Retail has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Ghai Also directs: Krmamitra Private Limited | Director | 13 Oct 2011 | 15 Years 0 Months | Current |
| Ramesh Ghai | Director | 13 Oct 2011 | 15 Years 0 Months | Current |
Auditor
Asap Retail Private Limited is audited by P. K. LUHARUKA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. K. LUHARUKA & CO. | FY 2017 | 322020E |
Shareholding
The shareholding of Asap Retail Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Asap Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jun 2016 | 100034837 | Others | ₹60 Lakh | Open | |
| 14 Feb 2012 | 10340568 | The Catholic Syrian Bank Limited | ₹46.5 Lakh | Satisfied |
To see the full charge records of Asap Retail Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Asap Retail Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed against the company by India Infoline Finance Ltd | Disposed |
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by India Infoline Finance | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Neo Growth Credit P.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Asap Retail 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 Asap Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asap Retail 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 Asap Retail Private Limited, buy the company report.
Recent activity
Asap Retail Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Simi Ghai ceased to be Director on 01 Dec 2018.
Frequently asked questions
Asap Retail is an active private limited company based in Kolkata, West Bengal, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 13 October 2011 (15+ years old) and is registered under CIN U51909WB2011PTC168469.
Asap Retail has 2 current directors:
- Pawan Ghai - Director
- Ramesh Ghai - Director
The latest financial statements of Asap Retail 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.
No. Asap Retail has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Asap Retail is U51909WB2011PTC168469. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asap Retail has 6 court cases on record: 6 filed against it. 1 is pending.
Asap Retail was incorporated on 13 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
Simi Ghai ceased to be Director on 01 Dec 2018. Akshat Kapur ceased to be Director on 10 Sep 2014. Shivani Atal Kapur ceased to be Director on 10 Sep 2014. Asap Retail has 5 board changes on record in total.
The registered office of Asap Retail is at 23 Bankim Mukherjee Sarani, Kolkata, West Bengal, India – 700053.
Asap Retail operates in the consumer goods industry, in the footwear retail and distribution segment.
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