MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0010896
Ashika Commercial Pvt Ltd - transport and logistics in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.94 Cr
▲ 123% YoY
Net profit · FY 2025
₹5.5 Cr
Net margin 6.3%
EBITDA · FY 2025
₹12.07 Cr
EBITDA margin 13.7%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹6 Cr
Issued & subscribed
Open charges
₹65.25 Cr
Satisfied ₹55.85 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
52
Provident fund records
About Ashika Commercial Pvt Ltd
Data last updated:
Ashika Commercial Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 08 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1987PTC043404. Its GSTIN is 19AACCA4105D1Z9 (West Bengal). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It is led by directors Sanwar Mal Jain and Jitendra Kumar Jain.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 18 R N Mukherjee Road 6th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.94 Cr, a growth of 123% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Cr (net margin 6.3%) and EBITDA of ₹12.07 Cr (EBITDA margin 13.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 2% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹65.25 Cr and satisfied charges of ₹55.85 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
Ashika Commercial Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0010896). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashikacommercial.com.
Company details
CIN U74140WB1987PTC043404
Registration Number 043404
Incorporation Date 08 December 1987
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0010896
Recognitions & Rankings of Ashika Commercial
Contact details
Ashika Commercial Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is ashikacommercial.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18 R N Mukherjee Road 6th Floor, Kolkata, West Bengal, India – 700001
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Ashika Commercial Pvt Ltd, buy the company report.
Comprehensive company report
Ashika Commercial Pvt Ltd - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Ashika Commercial is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Ashika Commercial Pvt Ltd, buy the company report.
Financials of Ashika Commercial Pvt Ltd
FY 2025 filings availableAshika Commercial Pvt Ltd reported revenue of ₹87.94 Cr (up 123% YoY) for FY 2025.
Revenue · FY 2025
₹87.94 Cr ▲ 123%
Net profit · FY 2025
₹5.5 Cr margin 6.3%
EBITDA · FY 2025
₹12.07 Cr margin 13.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 123%
3 years · compounded
▲ 30%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 12%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 123% growth in the latest year. EBITDA rose 94% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.5 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.7% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Ashika Commercial Pvt Ltd, buy the company report.
Board of directors of Ashika Commercial Pvt Ltd
Ashika Commercial has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanwar Mal Jain Also directs: Expert Realtors Private Limited, KSK Engineering Industries Private Limited, Beharilal Jain & Sons Pvt Ltd and 5 more | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
| Jitendra Kumar Jain | Director | 26 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Ashika Commercial Pvt Ltd is audited by R. MODI & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. MODI & Co. | FY 2023 | 327727E |
Shareholding
The shareholding of Ashika Commercial Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashika Commercial Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹65.25 Cr
Satisfied charges
₹55.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2025 | 101099789 | Others | ₹30 Cr | Open | |
| 28 Jul 2021 | 100470259 | Axis Bank Limited | ₹35.25 Cr | Open | |
| 05 Oct 2016 | 100065708 | Axis Bank Limited | ₹25 Cr | Satisfied | |
| 26 Nov 2002 | 80009074 | Indian Overseas Bank | ₹30.85 Cr | Satisfied |
To see the full charge records of Ashika Commercial Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ashika Commercial Pvt Ltd has 7 court cases on record: 5 filed by Ashika Commercial, 2 filed against it. All cases are disposed.
Total cases
7
Filed by the company
5
Filed against the company
2
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed against the company by Siddha Domicile Co. Private Limited and Anr. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 3/3 Kolkata and Ors | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| High Court | Company petition | Filed by the company against M/S PPS International | Disposed |
| High Court | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Ashika 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
Ashika Commercial Pvt Ltd has 8 MSME Form 1 returns on record between 2019 and 2023, listing 258 overdue payments to 46 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 46)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Leo Global Logistics India Pvt Ltda.L. Engineering Services | |||
| N.B.Mercantile Company Private Limited | |||
| Synco Industries Limited | |||
| an individual supplier | |||
| Salasar Carbonics Private Limited |
To see the full MSME payment records of Ashika Commercial Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ashika Commercial Pvt Ltd has a workforce of 52 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
52
Active EPFO establishments
1
Employee growth
-7.14%
GST
Ashika Commercial has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA4105D1Z9 | West Bengal | Active | 01 Jul 2017 |
| 19AACCA4105D2Z8 | West Bengal | Active | 01 Feb 2024 |
| 08AACCA4105D1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashika Commercial Pvt Ltd, buy the company report.
Recent activity
Ashika Commercial Pvt Ltd has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Jitendra Kumar Jain was appointed as Director on 26 Aug 2020.
Charges
A charge with Axis Bank Limited of Rs. 35.25 Cr registered on 28 Jul 2021 with Charge ID 100470259 was modified on 24 Dec 2025.
AGM
Ashika Commercial Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101099789 was registered on 08 Apr 2025.
Filing
Ashika Commercial Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.25 Cr with Charge ID 100470259 was registered on 28 Jul 2021.
Charges
A charge registered on 05 Oct 2016 via Charge ID 100065708 with Axis Bank Limited was fully satisfied on 09 Jul 2021.
Appointed
Jitendra Kumar Jain was appointed as Director.
Ceased
Naresh Kumar Jain ceased to be Director.
Appointed
Sanwar Mal Jain was appointed as Director.
Ceased
Vinod Kumar Jain ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 25.00 Cr registered on 05 Oct 2016 with Charge ID 100065708 was modified on 28 Jun 2017.
Charges
A charge registered on 26 Nov 2002 via Charge ID 80009074 with Indian Overseas Bank was fully satisfied on 09 Dec 2016.
5 earlier events are in the company report.
Frequently asked questions
Ashika Commercial is an active private limited company based in Kolkata, West Bengal, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 08 December 1987 (39+ years old) and is registered under CIN U74140WB1987PTC043404.
Ashika Commercial has 2 current directors:
- Sanwar Mal Jain - Director
- Jitendra Kumar Jain - Director
The latest financial statements of Ashika Commercial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashika Commercial is 19AACCA4105D1Z9, registered in West Bengal. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 19AACCA4105D2Z8 (West Bengal), 08AACCA4105D1ZC (Rajasthan).
The CIN (Corporate Identification Number) of Ashika Commercial is U74140WB1987PTC043404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashika Commercial has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the high courts.
Ashika Commercial was incorporated on 08 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Jitendra Kumar Jain was appointed as Director on 26 Aug 2020. Naresh Kumar Jain ceased to be Director on 26 Aug 2020. Sanwar Mal Jain was appointed as Director on 26 Aug 2020. Ashika Commercial has 5 board changes on record in total.
Yes, Ashika Commercial is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0010896).
Ashika Commercial has 8 MSME Form 1 returns on record between 2019 and 2023, listing 258 overdue payments to 46 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Ashika Commercial can be reached through the website ashikacommercial.com. Its registered office is in Kolkata, West Bengal, India.
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