About Aspire Polytrade Private Limited
Data last updated:
Aspire Polytrade Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 24 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2011PTC224342. Its GSTIN is 27AAKCA0055A1Z9 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Jatin Gadoya Kishor and Tejal Vaibhav Shah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 412 / 413 Mangal Aarambh Opp. Kora Kendra Ground Borivali (West), Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹171.38 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 1.1%) and EBITDA of ₹3.16 Cr (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹22 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspireincorporation.com.
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- TelephoneLocked
- Website
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- Registered AddressB – 412 / 413 Mangal Aarambh Opp. Kora Kendra Ground Borivali (West), Mumbai, Maharashtra, India – 400092
- IndustryTrading, Wholesale, Other Wholesale
- 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
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Business Activity of Aspire Polytrade Private Limited
The main business activity of Aspire Polytrade is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Aspire Polytrade Private Limited FY 2025 filings available
Aspire Polytrade Private Limited reported revenue of ₹171.38 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aspire Polytrade Private Limited
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA fell 27% 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 of Aspire Polytrade Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.84 Cr | •••• | •••• | •••• | •••• |
| 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 of Aspire Polytrade Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aspire Polytrade are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Aspire Polytrade Private Limited
Aspire Polytrade Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Idea Sales Agencies Private Limited | ₹174.81 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Anastya Foods Private Limited | ₹174.73 Cr (FY 2025) | •••• | •••• | 42.0% | •••• | Jaipur, Rajasthan, India |
| Sealand Trading Exim Private Limited | ₹173.69 Cr (FY 2025) | •••• | •••• | 7206.0% | •••• | Mumbai, Maharashtra, India |
| Parsvnath Trade Link Private Limited | ₹173.35 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Brijda Impex Private Limited | ₹173.22 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Aspire Polytrade Private Limited this company | ₹171.38 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Sagarmal & Sons Ventures Private Limited | ₹171.38 Cr (FY 2025) | •••• | •••• | 330.0% | •••• | Patna, Bihar, India |
| Dev Harvest Limited | ₹170.57 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Tharad, Gujarat, India |
| Chitthirala Edible Oils and Foods Private Limited | ₹169.11 Cr (FY 2025) | •••• | •••• | 164.0% | •••• | Vijayawada, Andhra Pradesh, India |
| HTV International Private Limited | ₹168.69 Cr (FY 2025) | •••• | •••• | 279.0% | •••• | Asansol, West Bengal, India |
| Babaji Udyog Private Limited | ₹168.44 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Aspire Polytrade by revenue in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aspire Polytrade Private Limited
Aspire Polytrade Private Limited is audited by K J SHAH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K J SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aspire Polytrade Private Limited
Aspire Polytrade has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jatin Gadoya Kishor | Director | 24 Nov 2011 | 14 Years 10 Months | Current |
| Tejal Vaibhav Shah | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
| Sohil Pravin Vazir Also directs: Thrive Poly Corp LLP | Director | 05 Feb 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Aspire Polytrade Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Aspire Polytrade Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2018 | Yes Bank Limited | ₹22 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Aspire Polytrade Private Limited
Employment history and EPFO contributions of people linked to Aspire Polytrade.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Aspire Polytrade Private Limited
Aspire Polytrade Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Sohil Pravin Vazir ceased to be Additional Director on 29 Sep 2022.
Credit Ratings, Litigation & Regulatory Alerts for Aspire Polytrade Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Aspire Polytrade Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Aspire Polytrade Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Aspire Polytrade Private Limited
Aspire Polytrade has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA0055A1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 24AAKCA0055A1ZF | Gujarat | Active | 02 Feb 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aspire Polytrade Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Aspire Polytrade Private Limited
Aspire Polytrade is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 24 November 2011 (15+ years old) and is registered under CIN U52100MH2011PTC224342.
Aspire Polytrade reported revenue of ₹171.38 Cr for FY 2025 (down 10% YoY).
Aspire Polytrade has 3 current directors:
- Jatin Gadoya Kishor - Director
- Tejal Vaibhav Shah - Director
- Sohil Pravin Vazir - Director
Aspire Polytrade reported a net profit of ₹1.84 Cr (net margin 1.1%) and EBITDA of ₹3.16 Cr (EBITDA margin 1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aspire Polytrade is 4% over three years and 29% over five years. In the latest year (FY 2025) revenue fell 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Aspire Polytrade is 27AAKCA0055A1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAKCA0055A1ZF (Gujarat).
The CIN (Corporate Identification Number) of Aspire Polytrade is U52100MH2011PTC224342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspire Polytrade was incorporated on 24 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aspire Polytrade by revenue are Idea Sales Agencies Private Limited, Anastya Foods Private Limited, Sealand Trading Exim Private Limited, Parsvnath Trade Link Private Limited, Brijda Impex Private Limited and 5 more, all in the same principal business activity (Wholesale trade, except of motor vehicles and motorcycles).
Sohil Pravin Vazir ceased to be Additional Director on 29 Sep 2022. Tejal Vaibhav Shah ceased to be Additional Director on 29 Sep 2022. Nirav Chhabildas Vakharia ceased to be Director on 06 Feb 2018. Aspire Polytrade has 6 board changes on record in total.
Aspire Polytrade can be reached through the website aspireincorporation.com. Its registered office is in Mumbai, Maharashtra, India.