Aspire Merchandise Private Limited
About Aspire Merchandise Private Limited
Data last updated:
Aspire Merchandise Private Limited was a private limited company based in Chennai, Tamil Nadu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 05 February 2015.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U17200TN2015PTC099102. Its GSTIN is 33ABBFA8592P1ZW (Tamil Nadu).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Pandikasala Sameer Anwer and Sanjay Reddy Govinda.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at No.5 Murugesan Street Balavinayagar Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.49 Lakh (net margin 3.9%) and EBITDA of ₹6.73 Lakh (EBITDA margin 4%).
Company details
Contact details
Aspire Merchandise Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo.5 Murugesan Street Balavinayagar Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Aspire Merchandise 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 Aspire Merchandise 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 Aspire Merchandise Private Limited, buy the company report.
Financials of Aspire Merchandise Private Limited
FY 2017 filings availableAspire Merchandise Private Limited reported revenue of ₹1.67 Cr (up 162% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 162% in the latest year. EBITDA rose 181% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.67 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.73 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹6.49 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4% | ||
| Net Profit Margin | 3.9% | ||
| 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 Aspire Merchandise Private Limited, buy the company report.
Board of directors of Aspire Merchandise Private Limited
Aspire Merchandise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pandikasala Sameer Anwer | Director | 05 Feb 2015 | 11 Years 9 Months | As last reported |
| Sanjay Reddy Govinda | Director | 05 Feb 2015 | 11 Years 9 Months | As last reported |
Auditor
Aspire Merchandise Private Limited is audited by V PRAKASH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V PRAKASH | FY 2017 | 026685 |
Shareholding
The shareholding of Aspire Merchandise 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 Aspire Merchandise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aspire Merchandise 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 Aspire Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aspire Merchandise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABBFA8592P1ZW | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aspire Merchandise Private Limited, buy the company report.
Recent activity
Aspire Merchandise Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Pandikasala Sameer Anwer was appointed as Director on 05 Feb 2015.
Frequently asked questions
Aspire Merchandise has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Aspire Merchandise was a private limited company based in Chennai, Tamil Nadu, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 05 February 2015 and is registered under CIN U17200TN2015PTC099102. The company has been struck off by the Registrar of Companies and is no longer operational.
Aspire Merchandise had 2 directors:
- Pandikasala Sameer Anwer - Director
- Sanjay Reddy Govinda - Director
The CIN (Corporate Identification Number) of Aspire Merchandise is U17200TN2015PTC099102. 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 Aspire Merchandise is at No.5 Murugesan Street Balavinayagar Nagar Arumbakkam, Chennai, Tamil Nadu, India – 600106.
Aspire Merchandise was incorporated on 05 February 2015. It is registered with the Registrar of Companies, Chennai.
The latest financial statements of Aspire Merchandise on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Aspire Merchandise is 33ABBFA8592P1ZW, registered in Tamil Nadu.
Aspire Merchandise operated in the fashion and textile industry, in the designer and branded fashion segment. It worked in this industry before it was struck off.
Pandikasala Sameer Anwer was appointed as Director on 05 Feb 2015. Sanjay Reddy Govinda was appointed as Director on 05 Feb 2015.
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