About Essential Marketplace Solutions India Private Limited
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Essential Marketplace Solutions India Private Limited is a foreign private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Essmart Global Inc.. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 11 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51900TZ2012FTC018825. Its GSTIN is 29AADCE2014L1ZQ (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹12.62 Cr and a paid-up capital of ₹12.33 Cr. It is led by directors including Kalengada Achaiah Poonacha and Prashanth Venkata Ramana.
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 No 31 Lic Colony 3rd Street Kuruchi, Coimbatore, Tamil Nadu, India – 641021.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.02 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Cr (net margin -20.1%) and EBITDA of -₹1.6 Cr (EBITDA margin -19.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 2% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Essmart.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essmart-global.com.
- EmailLocked
- TelephoneLocked
- Website
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- Registered AddressNo 31 Lic Colony 3rd Street Kuruchi, Coimbatore, Tamil Nadu, India – 641021
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Essential Marketplace Solutions India Private Limited
The main business activities of Essential Marketplace Solutions India are trade and professional, scientific and technical. In detail, this covers retail trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Essential Marketplace Solutions India Private Limited FY 2024 filings available
Essential Marketplace Solutions India Private Limited reported revenue of ₹8.02 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Essential Marketplace Solutions India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 14% growth in the latest year. EBITDA rose 17% 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 Essential Marketplace Solutions India 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 | -₹1.6 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.62 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 Essential Marketplace Solutions India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -20.1% | •••• | •••• | •••• | •••• |
| 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 Essential Marketplace Solutions India 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fatin Global Technologies Private Limited | ₹8.19 Cr (FY 2025) | •••• | •••• | 199.0% | •••• | Kanpur, Uttar Pradesh, India |
| Briexo Business Services Private Limited | ₹8.15 Cr (FY 2022) | •••• | •••• | 115.0% | •••• | Kolkata, West Bengal, India |
| Aarvak Garments Private Limited | ₹8.15 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | New Delhi, Delhi, India |
| SRS Smart Retail Limited | ₹8.12 Cr (FY 2016) | •••• | •••• | -14.0% | •••• | Faridabad, Haryana, India |
| Basement Bazaar Private Limited | ₹8.08 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Essential Marketplace Solutions India Private Limited this company | ₹8.02 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Coimbatore, Tamil Nadu, India |
| Samplinghub Private Limited | ₹7.99 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Bangalore, Karnataka, India |
| Anjaneya Communications Private Limited | ₹7.98 Cr (FY 2018) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India | |
| Fleqa Online Trading Private Limited | ₹7.97 Cr (FY 2024) | •••• | •••• | 92.0% | •••• | New Delhi, Delhi, India |
| Kagya Private Limited | ₹7.92 Cr (FY 2025) | •••• | •••• | 179.0% | •••• | Faridabad, Haryana, India |
| Flabia Fresh Private Limited | ₹7.89 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Essential Marketplace Solutions India by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India Private Limited is audited by RAO & BASRI for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO & BASRI | 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalengada Achaiah Poonacha | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Prashanth Venkata Ramana | Director | 25 Jul 2013 | 13 Years 2 Months | Current |
| Jacqueline Eve | Nominee Director | 11 Oct 2012 | 14 Years 0 Months | Current |
Ownership and Shareholding of Essential Marketplace Solutions India 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India operates one associated brand: Essmart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A B2B e-commerce platform is provided for rural retail shops. | essmart-global.com |
Employees and EPFO Compliance at Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India Private Limited has a workforce of 22 employees as of Mar 25, 2024.
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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India Private Limited has 4 board changes on record since 2012: 3 appointments and 1 cessation. The latest: Kalengada Achaiah Poonacha was appointed as Director on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Essential Marketplace Solutions India 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 Essential Marketplace Solutions India 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 Essential Marketplace Solutions India 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCE2014L1ZQ | Karnataka | Active | 01 Jul 2017 |
| 33AADCE2014L1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
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 Essential Marketplace Solutions India 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 Essential Marketplace Solutions India Private Limited
Essential Marketplace Solutions India is an active foreign private limited company based in Coimbatore, Tamil Nadu, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 11 October 2012 (14+ years old) and is registered under CIN U51900TZ2012FTC018825.
Essential Marketplace Solutions India reported revenue of ₹8.02 Cr for FY 2025 (up 14% YoY).
Essential Marketplace Solutions India has 3 current directors:
- Kalengada Achaiah Poonacha - Director
- Prashanth Venkata Ramana - Director
- Jacqueline Eve - Nominee Director
Essential Marketplace Solutions India reported a net loss of ₹1.62 Cr (net margin -20.1%) and EBITDA of -₹1.6 Cr (EBITDA margin -19.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Essential Marketplace Solutions India is -5% over three years and 2% over five years. In the latest year (FY 2025) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Essential Marketplace Solutions India is 29AADCE2014L1ZQ, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 33AADCE2014L1Z1 (Tamil Nadu).
The CIN (Corporate Identification Number) of Essential Marketplace Solutions India is U51900TZ2012FTC018825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essential Marketplace Solutions India was incorporated on 11 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Essential Marketplace Solutions India by revenue are Fatin Global Technologies Private Limited, Briexo Business Services Private Limited, Aarvak Garments Private Limited, SRS Smart Retail Limited, Basement Bazaar Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Kalengada Achaiah Poonacha was appointed as Director on 29 Sep 2023. Selvan ceased to be Director on 26 Jul 2013. Prashanth Venkata Ramana was appointed as Director on 25 Jul 2013. Essential Marketplace Solutions India has 4 board changes on record in total.
Essential Marketplace Solutions India can be reached through the website essmart-global.com. Its registered office is in Coimbatore, Tamil Nadu, India.