Avantika Commotrade Private Limited
About Avantika Commotrade Private Limited
Data last updated:
Avantika Commotrade Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Gallant Distributors Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 14 February 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC158985.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.44 Cr. It was led by directors Shreedhar Ojha and Janardan Ojha.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at P – 9 Manmohan Bose Street P.S – Burtolla P.O – Beadon Street, Kolkata, West Bengal, India – 700006.
As per the financials filed for FY 2021, the company reported a revenue of ₹8.75 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.59 Cr (net margin 98.2%) and EBITDA of ₹8.69 Cr (EBITDA margin 99.3%). Revenue has grown at a compounded annual rate (CAGR) of 787% over three years and 234% over five years.
Court records list 4 cases involving the company, including 4 filed by the company.
Company details
Contact details
Avantika Commotrade Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 9 Manmohan Bose Street P.S – Burtolla P.O – Beadon Street, Kolkata, West Bengal, India – 700006
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Avantika Commotrade 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 Avantika Commotrade Private Limited
FY 2021 filings availableAvantika Commotrade Private Limited reported revenue of ₹8.75 Cr (up 7126% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 234% over five years. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹8.69 Cr | ||||
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| Net Profit (PAT) | ₹8.59 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 99.3% | ||||
| Net Profit Margin | 98.2% | ||||
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To see the full financial statements and ratios of Avantika Commotrade Private Limited, buy the company report.
Board of directors of Avantika Commotrade Private Limited
Avantika Commotrade has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shreedhar Ojha Also directs: Venerable Advertising Pvt.Ltd., Zoom Barter Private Limited, Viewpoint Vyapaar Private Limited and 5 more | Additional Director | 18 Nov 2020 | 5 Years 11 Months | As last reported |
| Janardan Ojha Also directs: Venerable Advertising Pvt.Ltd., Zoom Barter Private Limited, Viewpoint Vyapaar Private Limited and 5 more | Additional Director | 18 Nov 2020 | 5 Years 11 Months | As last reported |
Auditor
Avantika Commotrade Private Limited is audited by ANJU KIRAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJU KIRAN & ASSOCIATES | FY 2017 | 305855 |
Shareholding
The shareholding of Avantika Commotrade 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 Avantika Commotrade Private Limited, buy the company report.
Legal cases
Avantika Commotrade Private Limited has 4 court cases on record: 4 filed by Avantika Commotrade. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against Reliance Capital Limited & Ors. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Avantika Commotrade 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 Avantika Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Avantika Commotrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Avantika Commotrade Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Janardan Ojha was appointed as Additional Director on 18 Nov 2020.
Frequently asked questions
Avantika Commotrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Avantika Commotrade was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 14 February 2011 and is registered under CIN U51909WB2011PTC158985. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Avantika Commotrade was incorporated on 14 February 2011. It is registered with the Registrar of Companies, Kolkata.
Avantika Commotrade had 2 directors:
- Shreedhar Ojha - Additional Director
- Janardan Ojha - Additional Director
The CIN (Corporate Identification Number) of Avantika Commotrade is U51909WB2011PTC158985. 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 Avantika Commotrade is at P – 9 Manmohan Bose Street P.S – Burtolla P.O – Beadon Street, Kolkata, West Bengal, India – 700006.
The latest financial statements of Avantika Commotrade on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
Avantika Commotrade operated in the trading industry, in the other wholesale segment.
Avantika Commotrade has 4 court cases on record: 4 filed by the company. Most are in the high courts.
Janardan Ojha was appointed as Additional Director on 18 Nov 2020. Kailash Chand Bondia ceased to be Director on 18 Nov 2020. Shibu Mukherjee ceased to be Director on 18 Nov 2020. Avantika Commotrade has 8 board changes on record in total.