Beta Commotrade Private Limited
About Beta Commotrade Private Limited
Data last updated:
Beta Commotrade Private Limited was a private limited company based in Bengaluru, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 January 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U51900KA2008PTC102110. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹49 Lakh. It was led by directors Ashwin Boda and Praveen Krishna Nayak.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Block 5 Door 5 – P Kaidb Quarters Bommasandra Industrial Area Hosur Road, Bengaluru, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹77,136 (net margin 68%) and EBITDA of ₹86,567 (EBITDA margin 76.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 26% over five years.
Company details
CIN history
Beta Commotrade has one previous CIN (Corporate Identification Number): U51900MH2008PTC178234. The current CIN is U51900KA2008PTC102110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900KA2008PTC102110 | Current |
| U51900MH2008PTC178234 | Previous |
Contact details
Beta Commotrade Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressBlock 5 Door 5 – P Kaidb Quarters Bommasandra Industrial Area Hosur Road, Bengaluru, Karnataka, India – 560099
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Beta 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
Business activity
The main business activity of Beta Commotrade is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Beta Commotrade Private Limited
FY 2024 filings availableBeta Commotrade Private Limited reported revenue of ₹1.13 Lakh (up 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 62% growth in the latest year. EBITDA rose 418% 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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| EBITDA | ₹86,567 | ||||
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| Net Profit (PAT) | ₹77,136 | ||||
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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 | 76.3% | ||||
| Net Profit Margin | 68% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Beta Commotrade Private Limited, buy the company report.
Board of directors of Beta Commotrade Private Limited
Beta Commotrade has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Boda Also directs: Emerald Springs Agro Private Limited, Emvis Enterprises Private Limited, Bombay Cable Company Private Limited and 1 more | Director | 16 Oct 2017 | 9 Years 0 Months | As last reported |
| Praveen Krishna Nayak Also directs: Swami Samarth Sugar and Agro Industries Limited, Trinity Engineers Private Limited, Upasana Resources Pvt Ltd and 5 more | Director | 03 Sep 2021 | 5 Years 2 Months | As last reported |
Auditor
Beta Commotrade Private Limited is audited by YOGESH PATIL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YOGESH PATIL & CO | FY 2019 | 124410W |
Shareholding
The shareholding of Beta Commotrade Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Beta Commotrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Beta Commotrade 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 Beta Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Beta Commotrade has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Beta Commotrade Private Limited, buy the company report.
Recent activity
Beta Commotrade Private Limited has 11 board changes on record since 2015: 2 appointments and 9 cessations. The latest: Praveen Krishna Nayak ceased to be Additional Director on 27 Sep 2022.
2 earlier events are in the company report.
Frequently asked questions
Beta 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.
Beta Commotrade was a private limited company based in Bengaluru, Karnataka, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 25 January 2008 and is registered under CIN U51900KA2008PTC102110. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Beta Commotrade was incorporated on 25 January 2008. It is registered with the Registrar of Companies, Bangalore.
Beta Commotrade had 2 directors:
- Ashwin Boda - Director
- Praveen Krishna Nayak - Director
The CIN (Corporate Identification Number) of Beta Commotrade is U51900KA2008PTC102110. 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 Beta Commotrade is at Block 5 Door 5 – P Kaidb Quarters Bommasandra Industrial Area Hosur Road, Bengaluru, Karnataka, India – 560099.
The latest financial statements of Beta Commotrade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Beta Commotrade has 1 GST registration on record and it is cancelled or inactive.
Beta Commotrade operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
Praveen Krishna Nayak ceased to be Additional Director on 27 Sep 2022. Vinayak Vijay Devarukhkar ceased to be Director on 04 Sep 2021. Praveen Krishna Nayak was appointed as Director on 03 Sep 2021. Beta Commotrade has 11 board changes on record in total.
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