Chidanand Multicommodities Limited
About Chidanand Multicommodities Limited
Data last updated:
Chidanand Multicommodities Limited is a public limited company based in Nadiad, Gujarat, 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 wholesale distribution segment of the trading and commerce sector. It was incorporated on 13 May 2005.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PLC046079.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Deepak Hariprasad Dave and Markand Dipakbhai Dave.
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 is at Opp Laxmi Cinemadabhan Bhagol Station Road, Nadiad, Gujarat, India – 387001.
As per the financials filed for FY 2024, the company reported a revenue of ₹90,993, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹36,133 (net margin 39.7%) and EBITDA of ₹37,993 (EBITDA margin 41.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
Company details
Contact details
Chidanand Multicommodities Limited's registered office is in Nadiad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOpp Laxmi Cinemadabhan Bhagol Station Road, Nadiad, Gujarat, India – 387001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Chidanand Multicommodities 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 Chidanand Multicommodities Limited
FY 2024 filings availableChidanand Multicommodities Limited reported revenue of ₹90,993 (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 80% 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 | ₹37,993 | ||||
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| Net Profit (PAT) | ₹36,133 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 41.8% | ||||
| Net Profit Margin | 39.7% | ||||
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To see the full financial statements and ratios of Chidanand Multicommodities Limited, buy the company report.
Board of directors of Chidanand Multicommodities Limited
Chidanand Multicommodities has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Hariprasad Dave Also directs: Chidanand Investment and Financial Consultancy Limited | Director | 13 May 2005 | 21 Years 5 Months | As last reported |
| Markand Dipakbhai Dave Also directs: Chidanand Investment and Financial Consultancy Limited | Director | 13 May 2005 | 21 Years 5 Months | As last reported |
| Amar Nitin Dave Also directs: Chidanand Investment and Financial Consultancy Limited | Director | 13 May 2005 | 21 Years 5 Months | As last reported |
| Keyur Jagdishchandra Shah Also directs: Infinium Pharmachem Limited, DRC Systems India Limited, Pirimid Technologies Limited and 2 more | Irp/Rp/Liquidator | 08 Jul 2025 | 1 Years 3 Months | As last reported |
Auditor
Chidanand Multicommodities Limited is audited by NIRAV R SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRAV R SHAH & ASSOCIATES | FY 2017 | 122546 |
Shareholding
The shareholding of Chidanand Multicommodities 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 Chidanand Multicommodities Limited, buy the company report.
Legal cases
No court or tribunal cases involving Chidanand Multicommodities 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 Chidanand Multicommodities 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 Chidanand Multicommodities Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Chidanand Multicommodities Limited has 5 board changes on record since 2005: 4 appointments and 1 cessation. The latest: Keyur Jagdishchandra Shah was appointed as Irp/Rp/Liquidator on 08 Jul 2025.
Frequently asked questions
Chidanand Multicommodities 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.
Chidanand Multicommodities is a company under liquidation, formerly operating as a public limited company based in Nadiad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 13 May 2005 and is registered under CIN U51100GJ2005PLC046079. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Chidanand Multicommodities has 4 current directors:
- Deepak Hariprasad Dave - Director
- Markand Dipakbhai Dave - Director
- Amar Nitin Dave - Director
- Keyur Jagdishchandra Shah - Irp/Rp/Liquidator
The latest financial statements of Chidanand Multicommodities 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.
The CIN (Corporate Identification Number) of Chidanand Multicommodities is U51100GJ2005PLC046079. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chidanand Multicommodities was incorporated on 13 May 2005. It is registered with the Registrar of Companies, Ahmedabad.
Keyur Jagdishchandra Shah was appointed as Irp/Rp/Liquidator on 08 Jul 2025. Narendrabhai Ramanbhai Patel ceased to be Director on 02 Jun 2022. Amar Nitin Dave was appointed as Director on 13 May 2005. Chidanand Multicommodities has 5 board changes on record in total.
The registered office of Chidanand Multicommodities is at Opp Laxmi Cinemadabhan Bhagol Station Road, Nadiad, Gujarat, India – 387001.
Chidanand Multicommodities operates in the trading industry, in the other wholesale segment.
The compliance status of Chidanand Multicommodities is compliant as of 11 August 2026.
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