CLS Enterprises Private Limited
About CLS Enterprises Private Limited
Data last updated:
CLS Enterprises Private Limited is a private limited company based in Gandhidham, 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 industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 November 2005.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63020GJ2005PTC047148. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.66 Cr and a paid-up capital of ₹2.66 Cr. It is led by directors Mohit Shyam Sharma and Rohit Shyam Sharma.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 1st Floor Rishabh Corner Office No – 120 Plot No – 93 Sector – 8, Gandhidham, Gujarat, India – 370201.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.13 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹26.92 Lakh (net margin -6.5%) and EBITDA of ₹72.81 Lakh (EBITDA margin 17.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
Contact details
CLS Enterprises Private Limited's registered office is in Gandhidham, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Rishabh Corner Office No – 120 Plot No – 93 Sector – 8, Gandhidham, Gujarat, India – 370201
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of CLS Enterprises 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 CLS Enterprises 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 CLS Enterprises Private Limited, buy the company report.
Financials of CLS Enterprises Private Limited
FY 2018 filings availableCLS Enterprises Private Limited reported revenue of ₹4.13 Cr (down 89% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 89% fall in the latest year. EBITDA fell 10% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹72.81 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹26.92 Lakh | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 17.6% | |||
| Net Profit Margin | -6.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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To see the full financial statements and ratios of CLS Enterprises Private Limited, buy the company report.
Board of directors of CLS Enterprises Private Limited
CLS Enterprises has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Shyam Sharma Also directs: Axis Malls Private Limited | Director | 25 Nov 2005 | 20 Years 11 Months | As last reported |
| Rohit Shyam Sharma Also directs: Axis Malls Private Limited | Director | 25 Nov 2005 | 20 Years 11 Months | As last reported |
Peer comparison
CLS Enterprises Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Industrial Products Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taprogge Inditech Private Limited | ₹4.14 Cr (FY 2025) | -7.0% | Palghar, Maharashtra, India | |||
| Shiva Smelters Private Limited | ₹4.14 Cr (FY 2025) | -58.0% | Kolkata, West Bengal, India | |||
| Umesh Cal-Chem (India) Private Limited | ₹4.13 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India | |||
| Plastroots Waste Management & Solutions Private Limited | ₹4.13 Cr (FY 2024) | 350.0% | Nagpur, Maharashtra, India | |||
| CLS Enterprises Private Limitedthis company | ₹4.13 Cr (FY 2018) | -₹26.92 Lakh | -6.5% | -89.0% | Gandhidham, Gujarat, India | |
| Kehems Engineering Pvt Ltd | ₹4.11 Cr (FY 2020) | -69.0% | Indore, Madhya Pradesh, India | |||
| RCP Pumps Private Limited | ₹4.1 Cr (FY 2024) | Indore, Madhya Pradesh, India |
To see the full peer comparison of CLS Enterprises Private Limited, buy the company report.
Auditor
CLS Enterprises Private Limited is audited by PUNEELKUMAR A. DAND & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PUNEELKUMAR A. DAND & ASSOCIATES | FY 2017 | 136103W |
Shareholding
The shareholding of CLS Enterprises 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 CLS Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2013 | 10458825 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 30 Nov 2009 | 10189421 | Gandhidham Mercantile Co Operative Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of CLS Enterprises Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
CLS Enterprises Private Limited has 4 court cases on record: 3 filed by CLS Enterprises, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against individuals | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company | Disposed |
To see the full case history of CLS Enterprises 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 CLS Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
CLS Enterprises 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 CLS Enterprises Private Limited, buy the company report.
Recent activity
CLS Enterprises Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Mohit Shyam Sharma was appointed as Director on 25 Nov 2005.
Frequently asked questions
CLS Enterprises 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.
CLS Enterprises is a company under liquidation, formerly operating as a private limited company based in Gandhidham, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 25 November 2005 and is registered under CIN U63020GJ2005PTC047148. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
CLS Enterprises has 2 current directors:
- Mohit Shyam Sharma - Director
- Rohit Shyam Sharma - Director
The latest financial statements of CLS Enterprises on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of CLS Enterprises is U63020GJ2005PTC047148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CLS Enterprises has no open charges and satisfied charges of ₹3 Cr as per latest MCA filings.
CLS Enterprises has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the nclt.
CLS Enterprises was incorporated on 25 November 2005. It is registered with the Registrar of Companies, Ahmedabad.
The peers of CLS Enterprises by revenue are Taprogge Inditech Private Limited, Shiva Smelters Private Limited, Umesh Cal-Chem (India) Private Limited, Plastroots Waste Management & Solutions Private Limited, Kehems Engineering Pvt Ltd and 1 more, all in the Metals and Minerals industry (Industrial Products Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Mohit Shyam Sharma was appointed as Director on 25 Nov 2005. Rohit Shyam Sharma was appointed as Director on 25 Nov 2005.
The registered office of CLS Enterprises is at 1st Floor Rishabh Corner Office No – 120 Plot No – 93 Sector – 8, Gandhidham, Gujarat, India – 370201.