Ashmita Multitrade Private Limited
About Ashmita Multitrade Private Limited
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Ashmita Multitrade Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 17 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51398GJ2013PTC077245. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunil Kumar and Nagendra Ram.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Room No 02 Office No 203 2nd Floor Param Bhavan Mahidapura Diamond Market, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2020, the company reported a revenue of ₹14.71 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹39,033 (net margin 0%) and EBITDA of ₹74,033 (EBITDA margin 0.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 7% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ashmita Multitrade Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No 02 Office No 203 2nd Floor Param Bhavan Mahidapura Diamond Market, Surat, Gujarat, India – 395003
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Ashmita Multitrade 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 Ashmita Multitrade is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ashmita Multitrade Private Limited, buy the company report.
Financials of Ashmita Multitrade Private Limited
FY 2020 filings availableAshmita Multitrade Private Limited reported revenue of ₹14.71 Cr (down 89% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 89% fall in the latest year. EBITDA fell 78% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹14.71 Cr | ||||
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| EBITDA | ₹74,033 | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹39,033 | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Ashmita Multitrade Private Limited, buy the company report.
Board of directors of Ashmita Multitrade Private Limited
Ashmita Multitrade has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Also directs: Madhulika Multitrade Private Limited | Additional Director | 09 Mar 2020 | 6 Years 7 Months | Current |
| Nagendra Ram Also directs: Madhulika Multitrade Private Limited | Additional Director | 09 Mar 2020 | 6 Years 7 Months | Current |
Auditor
Ashmita Multitrade Private Limited is audited by RISHI SEKHRI AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHI SEKHRI AND ASSOCIATES | FY 2020 | 128216W |
Shareholding
The shareholding of Ashmita Multitrade Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ashmita Multitrade Private Limited, buy the company report.
Legal cases
Ashmita Multitrade Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Mindtree Exports Pvt. Ltd. | Disposed |
To see the full case history of Ashmita Multitrade 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 Ashmita Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashmita Multitrade has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Ashmita Multitrade Private Limited, buy the company report.
Recent activity
Ashmita Multitrade Private Limited has 13 board changes on record since 2014: 2 appointments and 11 cessations. The latest: Avinash Kumar Vishwakarma ceased to be Additional Director on 11 Mar 2020.
4 earlier events are in the company report.
Frequently asked questions
Ashmita Multitrade is an active private limited company based in Surat, Gujarat, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 17 October 2013 (13+ years old) and is registered under CIN U51398GJ2013PTC077245.
Ashmita Multitrade has 2 current directors:
- Sunil Kumar - Additional Director
- Nagendra Ram - Additional Director
The latest financial statements of Ashmita Multitrade on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Ashmita Multitrade has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Ashmita Multitrade is U51398GJ2013PTC077245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashmita Multitrade has 1 court case on record: 1 filed against it.
Ashmita Multitrade was incorporated on 17 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Avinash Kumar Vishwakarma ceased to be Additional Director on 11 Mar 2020. Raju Ramlal Patwa ceased to be Director on 11 Mar 2020. Nagendra Ram was appointed as Additional Director on 09 Mar 2020. Ashmita Multitrade has 13 board changes on record in total.
The registered office of Ashmita Multitrade is at Room No 02 Office No 203 2nd Floor Param Bhavan Mahidapura Diamond Market, Surat, Gujarat, India – 395003.
Ashmita Multitrade operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.