About Asian Books Private Limited
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Asian Books Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the media and content distribution segment of the media and publishing sector. It was incorporated on 08 September 1988.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC033079. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors Kamal Jagasia and Avinash Kamal Jagasia.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 7/28 Mahavir Lane Ansari Road Daryaganj, New Delhi, Delhi, India – 110002.
As per the financials filed for FY 2016, the company reported a revenue of ₹25.87 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹19.85 Lakh (net margin -0.8%) and EBITDA of ₹2.43 Cr (EBITDA margin 9.4%).
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.23 Cr and satisfied charges of ₹24.26 Cr on record. Court records list 56 cases involving the company, including 6 filed by the company and 50 filed against it; 11 cases are pending.
The last known website on record is asianbooksindia.com.
Company details
Contact details
Asian Books Private Limited's registered office is in New Delhi, Delhi. Its website is asianbooksindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7/28 Mahavir Lane Ansari Road Daryaganj, New Delhi, Delhi, India – 110002
- IndustryMedia and Publishing, Media & Content Distribution
To see the full contact details of Asian Books 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 Asian Books 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 Asian Books Private Limited, buy the company report.
Financials of Asian Books Private Limited
FY 2016 filings availableAsian Books Private Limited reported revenue of ₹25.87 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA fell 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹25.87 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.43 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹19.85 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.4% | |
| Net Profit Margin | -0.8% | |
| 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 Asian Books Private Limited, buy the company report.
Board of directors of Asian Books Private Limited
Asian Books has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Jagasia | Director | 01 Nov 1988 | 38 Years 0 Months | As last reported |
| Avinash Kamal Jagasia Also directs: Edu Boulevard Private Limited | Director | 24 Jul 2012 | 14 Years 3 Months | As last reported |
Auditor
Asian Books Private Limited is audited by AMITBANSAL for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMITBANSAL | FY 2016 | 096672 |
Shareholding
The shareholding of Asian Books Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Asian Books Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2016 | 100068710 | The South Indian Bank Limited | ₹48 Lakh | Open | |
| 30 Jun 2008 | 10118300 | The South Indian Bank Limited | ₹8.75 Cr | Open | |
| 21 Mar 2009 | 10155824 | Bajaj Auto Finance Ltd | ₹4.58 Cr | Satisfied | |
| 13 Jul 2007 | 10077742 | Hdfc Bank Limited | ₹1.68 Cr | Satisfied | |
| 17 Oct 2005 | 80000129 | Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of Asian Books Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Asian Books Private Limited has 56 court cases on record: 6 filed by Asian Books, 50 filed against it. 11 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 46 | 10 |
| High courts | 5 | 4 | 1 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Dirt Busters India Private Limited Through Goraknnath Shankar Nakhwa | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed against the company by The South Indian Bank Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Encyclopaedia Britannica (India) Pvt. Ltd. | Pending |
| District court, Central, Delhi | Interim or miscellaneous application | Filed against the company by The South Indian Bank Ltd | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Wiley India Pvt. Ltd. | Disposed |
To see the full case history of Asian Books 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 Asian Books Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asian Books has 2 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 Asian Books Private Limited, buy the company report.
Recent activity
Asian Books Private Limited has 3 board changes on record since 1988: 2 appointments and 1 cessation. The latest: Avinash Kamal Jagasia was appointed as Director on 24 Jul 2012.
7 earlier events are in the company report.
Frequently asked questions
Asian Books is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Asian Books is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in media and content distribution, within the media and publishing industry. It was incorporated on 08 September 1988 and is registered under CIN U74899DL1988PTC033079. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Asian Books has 2 current directors:
- Kamal Jagasia - Director
- Avinash Kamal Jagasia - Director
The latest financial statements of Asian Books on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asian Books is U74899DL1988PTC033079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asian Books has open charges of ₹9.23 Cr and satisfied charges of ₹24.26 Cr as per latest MCA filings.
Asian Books has 56 court cases on record: 6 filed by the company and 50 filed against it. 11 are pending. Most are in the district courts.
Asian Books was incorporated on 08 September 1988. It is registered with the Registrar of Companies, Delhi.
Avinash Kamal Jagasia was appointed as Director on 24 Jul 2012. Sheela Jagasia ceased to be Director on 24 Jul 2012. Kamal Jagasia was appointed as Director on 01 Nov 1988.
Asian Books can be reached through the website asianbooksindia.com. Its registered office is in New Delhi, Delhi, India.
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