About Ashika Hedge Fund Private Limited
Data last updated:
Ashika Hedge Fund Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 18 January 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U24233WB1996PTC076724.
The company had an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹4.87 Cr. It was led by directors Daulat Jain and Pawan Jain.
Its last annual general meeting (AGM) was held on 23 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Trinity 226/1 A.J.C. Bose Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2019, the company reported a revenue of ₹21.82 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net loss of ₹2.44 Cr (net margin -11.2%) and EBITDA of -₹2.52 Cr (EBITDA margin -11.5%). Revenue has grown at a compounded annual rate (CAGR) of 142% over three years.
The last known website on record is ashikagroup.com.
Company details
Contact details
Ashika Hedge Fund 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, Financial Activities
To see the full contact details of Ashika Hedge Fund 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 Ashika Hedge Fund 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 Hedge Fund Private Limited, buy the company report.
Financials of Ashika Hedge Fund Private Limited
FY 2019 filings availableAshika Hedge Fund Private Limited reported revenue of ₹21.82 Cr (up 53% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 142% over three years, including 53% growth in the latest year. EBITDA fell 614% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹2.52 Cr | ||||
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| Net Profit (PAT) | -₹2.44 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -11.2% | ||||
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To see the full financial statements and ratios of Ashika Hedge Fund Private Limited, buy the company report.
Board of directors of Ashika Hedge Fund Private Limited
Ashika Hedge Fund has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daulat Jain | Director | 17 Dec 2007 | 18 Years 10 Months | As last reported |
| Pawan Jain | Director | 17 Dec 2007 | 18 Years 10 Months | As last reported |
Peer comparison
Ashika Hedge Fund Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Rose India Tour Managers Private Limited | ₹21.88 Cr (FY 2024) | 54.0% | Thiruvananthapuram, Kerala, India | |||
| Deepak Pens and Plastics Pvt Ltd | ₹21.88 Cr (FY 2019) | 37.0% | Kolkata, West Bengal, India | |||
| NTC Nidhi Limited | ₹21.87 Cr (FY 2024) | -1.0% | Vilakkumkal, Kerala, India | |||
| Centrum Investment Advisors Limited | ₹21.86 Cr (FY 2025) | 20.0% | Santacruz East, Maharashtra, India | |||
| Nilesh Share Brokers Limited | ₹21.83 Cr (FY 2025) | 91.0% | Telangana, India | |||
| Ashika Hedge Fund Private Limitedthis company | ₹21.82 Cr (FY 2019) | -₹2.44 Cr | -11.2% | 53.0% | Kolkata, West Bengal, India | |
| Kalyan Stock Holdings (Indore) Private Limited | ₹21.81 Cr (FY 2025) | -20.0% | Indore, Madhya Pradesh, India | |||
| Sakthifinance Financial Services Limited | ₹21.81 Cr (FY 2025) | -16.0% | Coimbatore, Tamil Nadu, India | |||
| Gowri Forex and Travels Private Limited | ₹21.78 Cr (FY 2025) | 11982.0% | Chennai, Tamil Nadu, India | |||
| Sheetala Credit and Holdings Private Limited | ₹21.78 Cr (FY 2025) | 54838.0% | New Delhi, Delhi, India | |||
| U.S. Sai Forex Private Limited | ₹21.74 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Ashika Hedge Fund Private Limited, buy the company report.
Auditor
Ashika Hedge Fund Private Limited is audited by P.K.SAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.SAH & ASSOCIATES | FY 2017 | 322271E |
Shareholding
The shareholding of Ashika Hedge Fund Private Limited 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 Ashika Hedge Fund Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ashika Hedge Fund Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashika Hedge Fund Private Limited; 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 Ashika Hedge Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ashika Hedge Fund Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Amit Jain ceased to be Director on 01 Nov 2014.
News
Frequently asked questions
Ashika Hedge Fund has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ashika Hedge Fund 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 18 January 1996 and is registered under CIN U24233WB1996PTC076724. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ashika Hedge Fund was incorporated on 18 January 1996. It is registered with the Registrar of Companies, Kolkata.
Ashika Hedge Fund had 2 directors:
- Daulat Jain - Director
- Pawan Jain - Director
The CIN (Corporate Identification Number) of Ashika Hedge Fund is U24233WB1996PTC076724. 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 Ashika Hedge Fund is at Trinity 2261 A.J.C. Bose Road, Kolkata, West Bengal, India – 700020.
Ashika Hedge Fund can be reached through the website ashikagroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Ashika Hedge Fund on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 September 2019. Year-wise statements from 2015 are in the company report.
Ashika Hedge Fund operated in the financial services industry, in the financial activities segment.
The peers of Ashika Hedge Fund by revenue are Rose India Tour Managers Private Limited, Deepak Pens and Plastics Pvt Ltd, NTC Nidhi Limited, Centrum Investment Advisors Limited, Nilesh Share Brokers Limited and 5 more, all in the same principal business activity (other financial activities).
Amit Jain ceased to be Director on 01 Nov 2014. Babulal Bafna ceased to be Director on 01 Nov 2014. Daulat Jain ceased to be Additional Director on 24 Sep 2008. Ashika Hedge Fund has 8 board changes on record in total.
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