India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,545 Daulat Jain & family ₹1,300 Cr
Revenue · FY 2025
₹1.11 Cr
▼ 51% YoY
Net loss · FY 2025
₹1.59 Cr
Net margin -143.1%
EBITDA · FY 2025
₹85.14 Lakh
EBITDA margin 76.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹5 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
10
Provident fund records
About Ashika Commodities & Derivatives Private Limited
Data last updated:
Ashika Commodities & Derivatives Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Ashika Global Securities Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 September 2003 and has been in existence for over 23 years.
Its director Daulat Jain and family are #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2003PTC096985. Its GSTIN is 19AAFCA5778D1ZH (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Bajrang Lal Banthia (Managing Director) and Amit Jain.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Trinity 226/1 A.J.C.Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.11 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Cr (net margin -143.1%) and EBITDA of ₹85.14 Lakh (EBITDA margin 76.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 48% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹5 Cr on record. Court records list 11 cases involving the company, including 10 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashikagroup.com.
Company details
CIN U51909WB2003PTC096985
Registration Number 096985
Incorporation Date 17 September 2003
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Ashika Global Securities Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Ashika Commodities & Derivatives
Contact details
Ashika Commodities & Derivatives Private Limited's registered office is in Kolkata, West Bengal. Its website is ashikagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressTrinity 226/1 A.J.C.Bose Road, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ashika Commodities & Derivatives Private Limited, buy the company report.
Comprehensive company report
Ashika Commodities & Derivatives Private Limited - 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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Business activity
The main business activity of Ashika Commodities & Derivatives 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 Ashika Commodities & Derivatives Private Limited, buy the company report.
Financials of Ashika Commodities & Derivatives Private Limited
FY 2025 filings availableAshika Commodities & Derivatives Private Limited reported revenue of ₹1.11 Cr (down 51% YoY) for FY 2025.
Revenue · FY 2025
₹1.11 Cr ▼ 51%
Net loss · FY 2025
₹1.59 Cr margin -143.1%
EBITDA · FY 2025
₹85.14 Lakh margin 76.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▼ 27%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 31%
5 years · compounded
▲ 83%
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 58% 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 |
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| EBITDA | ₹85.14 Lakh | ||||
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| Net Profit (PAT) | -₹1.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 76.8% | ||||
| Net Profit Margin | -143.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ashika Commodities & Derivatives Private Limited, buy the company report.
Board of directors of Ashika Commodities & Derivatives Private Limited
Ashika Commodities & Derivatives has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jain Also directs: Ashika Global Securities Limited, Ashika Business Private Limited, Puja Sales Promotion Pvt Ltd and 5 more | Director | 18 Aug 2006 | 20 Years 2 Months | Current |
| Bajrang Lal Banthia | Managing Director | 14 Jun 2013 | 13 Years 4 Months | Current |
| Daulat Jain | Director | 17 Sep 2003 | 23 Years 1 Months | Current |
Auditor
Ashika Commodities & Derivatives Private Limited is audited by SHYAMSUKHA AMIT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAMSUKHA AMIT & ASSOCIATES | FY 2023 | 324516E |
Shareholding
The shareholding of Ashika Commodities & Derivatives Private Limited 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 Commodities & Derivatives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2021 | 100502889 | Others | ₹5 Cr | Satisfied |
To see the full charge records of Ashika Commodities & Derivatives Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ashika Commodities & Derivatives Private Limited has 11 court cases on record: 10 filed by Ashika Commodities & Derivatives, 1 filed against it. All cases are disposed.
Total cases
11
Filed by the company
10
Filed against the company
1
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Court case (INSOLVENCY CASE) | Filed by the company against an individual | Disposed |
To see the full case history of Ashika Commodities & Derivatives 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.
Credit ratings & regulatory alerts
Ashika Commodities & Derivatives Private Limited was last rated by Crisil on 31 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Mar 2020 |
To see the full credit ratings and regulatory alerts of Ashika Commodities & Derivatives Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashika Commodities & Derivatives Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashika Commodities & Derivatives Private Limited has a workforce of 10 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-37.5%
GST
Ashika Commodities & Derivatives has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCA5778D1ZH | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashika Commodities & Derivatives Private Limited, buy the company report.
Recent activity
Ashika Commodities & Derivatives Private Limited has 8 board changes on record since 2003: 3 appointments and 5 cessations. The latest: Manish Jain ceased to be Director on 01 Jul 2017.
AGM
Ashika Commodities & Derivatives Private Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records.
Charges
A charge registered on 05 Nov 2021 via Charge ID 100502889 with Others was fully satisfied on 23 May 2025.
Filing
Ashika Commodities & Derivatives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100502889 was registered on 05 Nov 2021.
Ceased
Manish Jain ceased to be Director.
Ceased
Babulal Bafna ceased to be Director.
Ceased
Bajrang Lal Banthia ceased to be Additional Director.
Ceased
Pawan Jain ceased to be Director.
Appointed
Bajrang Lal Banthia was appointed as Managing Director.
Ceased
Rajesh Kumar Jain ceased to be Additional Director.
Appointed
Amit Jain was appointed as Director.
Appointed
Daulat Jain was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Ashika Commodities & Derivatives is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 17 September 2003 (23+ years old) and is registered under CIN U51909WB2003PTC096985.
Ashika Commodities & Derivatives has 3 current directors:
- Bajrang Lal Banthia - Managing Director
- Amit Jain - Director
- Daulat Jain - Director
The latest financial statements of Ashika Commodities & Derivatives on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashika Commodities & Derivatives is 19AAFCA5778D1ZH, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ashika Commodities & Derivatives is U51909WB2003PTC096985. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashika Commodities & Derivatives has 11 court cases on record: 10 filed by the company and 1 filed against it. Most are in the district courts.
Ashika Commodities & Derivatives was incorporated on 17 September 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
Manish Jain ceased to be Director on 01 Jul 2017. Babulal Bafna ceased to be Director on 12 Nov 2014. Bajrang Lal Banthia ceased to be Additional Director on 01 Jul 2013. Ashika Commodities & Derivatives has 8 board changes on record in total.
Ashika Commodities & Derivatives can be reached through the website ashikagroup.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of Ashika Commodities & Derivatives is at Trinity 2261 A.J.C.Bose Road, Kolkata, West Bengal, India – 700020.