Ashva Multi Trade Private Limited
About Ashva Multi Trade Private Limited
Data last updated:
Ashva Multi Trade Private Limited is a private limited company based in Jalna, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2005PTC152446. Its GSTIN is 27AAECM3414F1ZS (Maharashtra).
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹2.17 Cr. It was formerly known as Mauli Metaliks Private Limited and Ashva Metaliks Private Limited. It is led by directors including Vijaykumar Bharade Pusaram and Kaustubh Loya Kailash.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at House No. 111 Plot No. 13 Manik Nagar Bhavri Kunj, Jalna, Maharashtra, India – 431203.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.56 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net profit of ₹18.79 Lakh (net margin 57.7%) and EBITDA of ₹26.5 Lakh (EBITDA margin 81.4%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹121.25 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ashva Multi Trade has undergone 2 name changes throughout its history. The company was previously known as Mauli Metaliks Private Limited, and Ashva Metaliks Private Limited. The current legal name is Ashva Multi Trade Private Limited.
| Company Name | Status |
|---|---|
| Ashva Multi Trade Private Limited | Current |
| Mauli Metaliks Private Limited | Previous |
| Ashva Metaliks Private Limited | Previous |
Contact details
Ashva Multi Trade Private Limited's registered office is in Jalna, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressHouse No. 111 Plot No. 13 Manik Nagar Bhavri Kunj, Jalna, Maharashtra, India – 431203
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Ashva Multi Trade 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
Financials of Ashva Multi Trade Private Limited
FY 2025 filings availableAshva Multi Trade Private Limited reported revenue of ₹32.56 Lakh (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 85% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 88% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹26.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.4% | ||||
| Net Profit Margin | 57.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Ashva Multi Trade Private Limited, buy the company report.
Board of directors of Ashva Multi Trade Private Limited
Ashva Multi Trade has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Bharade Pusaram Also directs: Mammadevi Steel Alloys Private Limited, Snew Food Private Limited, Snew Coppers Private Limited and 2 more | Director | 08 Feb 2019 | 7 Years 8 Months | Current |
| Kaustubh Loya Kailash Also directs: Astlaxmi Re-Rolls Jalna Private Limited, Arrow Vyapaar Private Limited, Rajuri Steels & TMT Bars Private Limited and 5 more | Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Kapil Toshniwal Purushottam Also directs: Shagun Engineering Private Limited | Director | 22 Feb 2011 | 15 Years 8 Months | Current |
| Ganesh Lohiya Shivkumar Also directs: Shagun Engineering Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Santosh Gopikishan Mundada Also directs: Astlaxmi Re-Rolls Jalna Private Limited, Mammadevi Steel Alloys Private Limited, Arrow Vyapaar Private Limited and 3 more | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Ashva Multi Trade Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bankatlal Boob Cottons Private Limited | ₹32.74 Lakh (FY 2018) | -67.0% | Raichur, Karnataka, India | |||
| Daffodil Traders Private Limited | ₹32.74 Lakh (FY 2020) | 9.0% | Howrah, West Bengal, India | |||
| Quality Products Marketing Pvt Ltd | ₹32.67 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Sidhant Tradecomm Private Limited | ₹32.63 Lakh (FY 2025) | -99.0% | Kolkata, West Bengal, India | |||
| Jayana Marketing Pvt.Ltd. | ₹32.62 Lakh (FY 2025) | -84.0% | Indore, Madhya Pradesh, India | |||
| Ashva Multi Trade Private Limitedthis company | ₹32.56 Lakh (FY 2024) | ₹18.79 Lakh | 57.7% | -85.0% | Jalna, Maharashtra, India | |
| B M Oswal Hosiery Private Limited | ₹32.53 Lakh (FY 2025) | -6.0% | Punjab, India | |||
| Liberson Impex Private Limited | ₹32.53 Lakh (FY 2018) | -38.0% | Howrah, West Bengal, India | |||
| Utkrisht Lifestyle Private Limited | ₹32.51 Lakh (FY 2025) | Delhi, India | ||||
| Suvridhi Bro Comm Private Limited | ₹32.41 Lakh (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| Inter Yarn Spin India Limited | ₹32.38 Lakh (FY 2018) | -88.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Ashva Multi Trade Private Limited, buy the company report.
Auditor
Ashva Multi Trade Private Limited is audited by NATWAR D MARDA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NATWAR D MARDA & CO | FY 2021 | 132488W |
Shareholding
The shareholding of Ashva Multi Trade Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ashva Multi Trade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2012 | 10343738 | State Bank of India | ₹45.6 Cr | Open | |
| 03 Aug 2006 | 10015149 | State Bank of India | ₹75.65 Cr | Open |
To see the full charge records of Ashva Multi Trade Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ashva Multi Trade Private Limited has 2 court cases on record: 1 filed by Ashva Multi Trade, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalna, Maharashtra | Civil suit | Filed by the company against Rathi Steel and Metal Pvt Ltd Midc Jalna Through Dinesh Kantilal Rathi and 1 other | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax - 1 Aurangabad Sharma Alok M. | Pending |
To see the full case history of Ashva Multi Trade 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 Ashva Multi Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ashva Multi Trade has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM3414F1ZS | Maharashtra | Active | 08 Jan 2018 |
To see the full GST registrations and return filing status of Ashva Multi Trade Private Limited, buy the company report.
Recent activity
Ashva Multi Trade Private Limited has 14 board changes on record since 2010: 5 appointments and 9 cessations. The latest: Ganesh Lohiya Shivkumar ceased to be Additional Director on 30 Nov 2021.
8 earlier events are in the company report.
Frequently asked questions
Ashva Multi Trade is an active private limited company based in Jalna, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 April 2005 (21+ years old) and is registered under CIN U27100MH2005PTC152446.
Ashva Multi Trade has 5 current directors:
- Vijaykumar Bharade Pusaram - Director
- Kaustubh Loya Kailash - Director
- Kapil Toshniwal Purushottam - Director
- Ganesh Lohiya Shivkumar - Director
- Santosh Gopikishan Mundada - Director
The latest financial statements of Ashva Multi Trade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashva Multi Trade is 27AAECM3414F1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ashva Multi Trade is U27100MH2005PTC152446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ashva Multi Trade has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Ashva Multi Trade was incorporated on 06 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ashva Multi Trade by revenue are Bankatlal Boob Cottons Private Limited, Daffodil Traders Private Limited, Quality Products Marketing Pvt Ltd, Sidhant Tradecomm Private Limited, Jayana Marketing Pvt.Ltd. and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Ganesh Lohiya Shivkumar ceased to be Additional Director on 30 Nov 2021. Santosh Gopikishan Mundada ceased to be Additional Director on 30 Nov 2021. Kaustubh Loya Kailash ceased to be Director on 29 Nov 2021. Ashva Multi Trade has 14 board changes on record in total.
The registered office of Ashva Multi Trade is at House No. 111 Plot No. 13 Manik Nagar Bhavri Kunj, Jalna, Maharashtra, India – 431203.
Ashva Multi Trade operates in the home and lifestyle industry, in the textile retail and distribution segment.