Ashian Retails Private Limited
About Ashian Retails Private Limited
Data last updated:
Ashian Retails Private Limited 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 retail trade segment of the trading and commerce sector. It was incorporated on 28 May 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC135472. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sandip Mitra and Chittaranjan Roy.
Its last annual general meeting (AGM) was held on 15 June 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 7 Prafulla Sarkar Street 3rd Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2017, the company reported a revenue of ₹24 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.77 Lakh (net margin 0.2%) and EBITDA of ₹8.61 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Ashian Retails 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 Address7 Prafulla Sarkar Street 3rd Floor, Kolkata, West Bengal, India – 700072
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Ashian Retails 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 Ashian Retails 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 Ashian Retails Private Limited, buy the company report.
Financials of Ashian Retails Private Limited
FY 2017 filings availableAshian Retails Private Limited reported revenue of ₹24 Cr (up 7% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 7% growth in the latest year. EBITDA rose 11% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹24 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.61 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.77 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 | 0.4% | ||
| Net Profit Margin | 0.2% | ||
| 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 | |||
To see the full financial statements and ratios of Ashian Retails Private Limited, buy the company report.
Board of directors of Ashian Retails Private Limited
Ashian Retails has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Mitra Also directs: Shopizio E-Commerce Limited, Suvoshakti Export & Import Limited | Director | 08 May 2017 | 9 Years 5 Months | As last reported |
| Chittaranjan Roy Also directs: Evergreen Legal Solutions LLP, Pincon Lifestyle Limited, Goldenyatra Marketing Private Limited and 5 more | Director | 01 Jun 2009 | 17 Years 4 Months | As last reported |
Peer comparison
Ashian Retails Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Patwa Auto Drive Private Limited | ₹24.06 Cr (FY 2024) | -29.0% | Nashik, Maharashtra, India | |||
| Hancy Forex and Services Private Limited | ₹24.04 Cr (FY 2024) | 34.0% | Bhilwara, Rajasthan, India | |||
| City Market Departmental Store Pvt. Ltd. | ₹24.03 Cr (FY 2024) | 2.0% | Faridabad, Haryana, India | |||
| Avacado Ventures Private Limited | ₹24.03 Cr (FY 2023) | -40.0% | Palamaner, Andhra Pradesh, India | |||
| Global Premium Lifestyle Private Limited | ₹24.03 Cr (FY 2025) | 43.0% | Delhi, India | |||
| Ashian Retails Private Limitedthis company | ₹24 Cr (FY 2017) | ₹5.77 Lakh | 0.2% | 7.0% | Kolkata, West Bengal, India | |
| DS Merchants India Private Limited | ₹24 Cr (FY 2025) | 16.0% | Kolkata, West Bengal, India | |||
| Phular Retail India Private Limited | ₹24 Cr (FY 2025) | 3.0% | Muzaffarpur, Bihar, India | |||
| Oswal Printers and Publishers Private Ltd. | ₹23.99 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Valliyara Trading and Services Private Limited | ₹23.99 Cr (FY 2018) | 7.0% | Alappuzha, Kerala, India | |||
| Dr. Sayani's Healthcare Private Limited | ₹23.99 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ashian Retails Private Limited, buy the company report.
Auditor
Ashian Retails Private Limited is audited by ANUPAM SARKAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUPAM SARKAR | FY 2017 | 050083 |
Shareholding
The shareholding of Ashian Retails Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ashian Retails Private Limited, buy the company report.
Legal cases
Ashian Retails Private Limited has 1 court case on record: 1 filed by Ashian Retails. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed by the company against Registrar of Companies, West Bengal | Disposed |
To see the full case history of Ashian Retails 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 Ashian Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashian Retails 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 Ashian Retails Private Limited, buy the company report.
Recent activity
Ashian Retails Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Vishal Sharma ceased to be Director on 30 Aug 2017.
1 earlier event is in the company report.
Frequently asked questions
Ashian Retails 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.
Ashian Retails was a private limited company based in Kolkata, West Bengal, India. The company worked in retailers, within the trading industry. It was incorporated on 28 May 2009 and is registered under CIN U51909WB2009PTC135472. The company has been struck off by the Registrar of Companies and is no longer operational.
Ashian Retails had 2 directors:
- Sandip Mitra - Director
- Chittaranjan Roy - Director
The CIN (Corporate Identification Number) of Ashian Retails is U51909WB2009PTC135472. 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 Ashian Retails is at 7 Prafulla Sarkar Street 3rd Floor, Kolkata, West Bengal, India – 700072.
Ashian Retails was incorporated on 28 May 2009. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Ashian Retails on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 June 2017. Year-wise statements from 2015 are in the company report.
No. Ashian Retails has 1 GST registration on record and it is cancelled or inactive.
Ashian Retails operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Ashian Retails by revenue are Patwa Auto Drive Private Limited, Hancy Forex and Services Private Limited, City Market Departmental Store Pvt. Ltd, Avacado Ventures Private Limited, Global Premium Lifestyle Private Limited and 5 more, all in the same principal business activity (retail trading).
Ashian Retails has 1 court case on record: 1 filed by the company.