- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0010402

About Etalon Multitrade Private Limited
Data last updated:
Etalon Multitrade Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 14 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U36999MP2016PTC040938. Its GSTIN is 23AAECE3032D1ZE (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Samarpita Joshi and Amit Joshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 477 Hilink City Chhota Bangarda, Indore, Madhya Pradesh, India – 452005.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.17 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹75,790 (net margin 0.3%) and EBITDA of ₹1.65 Lakh (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1.69 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Etalon Multitrade Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0010402). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website etalonworld.com.
Company details
Recognitions & Rankings of Etalon Multitrade
Contact details
Etalon Multitrade Private Limited's registered office is in Indore, Madhya Pradesh. Its website is etalonworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address477 Hilink City Chhota Bangarda, Indore, Madhya Pradesh, India – 452005
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Etalon Multitrade 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 Etalon Multitrade 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 Etalon Multitrade Private Limited, buy the company report.
Financials of Etalon Multitrade Private Limited
FY 2025 filings availableEtalon Multitrade Private Limited reported revenue of ₹2.17 Cr (up 193% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 193% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 230% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.65 Lakh | ||||
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| Net Profit (PAT) | ₹75,790 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Etalon Multitrade Private Limited, buy the company report.
Board of directors of Etalon Multitrade Private Limited
Etalon Multitrade has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samarpita Joshi Also directs: Etalon Wellness Private Limited | Director | 28 Apr 2018 | 8 Years 5 Months | Current |
| Amit Joshi Also directs: Sharmayu Overseas LLP, Timon Trade Solutions Private Limited | Director | 14 Jun 2016 | 10 Years 4 Months | Current |
Peer comparison
Etalon Multitrade Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture 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 |
|---|---|---|---|---|---|---|
| Precious Furnitech Private Limited | ₹2.24 Cr (FY 2020) | 210.0% | Nagpur, Maharashtra, India | |||
| JS Mould Private Limited | ₹2.24 Cr (FY 2025) | 32.0% | Delhi, India | |||
| Calcutta Carpets Pvt.Ltd. | ₹2.24 Cr (FY 2025) | -21.0% | Kolkata, West Bengal, India | |||
| Etalon Multitrade Private Limitedthis company | ₹2.17 Cr (FY 2025) | ₹75,790 | 0.3% | 193.0% | Indore, Madhya Pradesh, India | |
| Tiger Synergies Private Limited | ₹2.13 Cr (FY 2022) | -40.0% | Chandigarh, India |
To see the full peer comparison of Etalon Multitrade Private Limited, buy the company report.
Auditor
Etalon Multitrade Private Limited is audited by SURENDRA SUNITA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA SUNITA & COMPANY | FY 2023 | 008047C |
Shareholding
The shareholding of Etalon Multitrade Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Etalon Multitrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2019 | 100306712 | Others | ₹50 Lakh | Open | |
| 14 Mar 2019 | 100244449 | Others | ₹1.19 Cr | Open |
To see the full charge records of Etalon Multitrade Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Etalon Multitrade Private Limited has 2 court cases on record: 2 filed by Etalon Multitrade. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against an individual | Disposed |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against an individual | Disposed |
To see the full case history of Etalon Multitrade 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 Etalon Multitrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Etalon Multitrade has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECE3032D1ZE | Madhya Pradesh | Active | 01 Jul 2017 |
| 09AAECE3032D1Z4 | Uttar Pradesh | Active | 23 May 2019 |
To see the full GST registrations and return filing status of Etalon Multitrade Private Limited, buy the company report.
Recent activity
Etalon Multitrade Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Ritesh Kumar Soni ceased to be Director on 30 Apr 2018.
Frequently asked questions
Etalon Multitrade is an active private limited company based in Indore, Madhya Pradesh, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 14 June 2016 (10+ years old) and is registered under CIN U36999MP2016PTC040938.
Etalon Multitrade has 2 current directors:
- Samarpita Joshi - Director
- Amit Joshi - Director
The latest financial statements of Etalon Multitrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Etalon Multitrade is 23AAECE3032D1ZE, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAECE3032D1Z4 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Etalon Multitrade is U36999MP2016PTC040938. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etalon Multitrade has 2 court cases on record: 2 filed by the company.
Etalon Multitrade was incorporated on 14 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Etalon Multitrade by revenue are Precious Furnitech Private Limited, JS Mould Private Limited, Calcutta Carpets Pvt.Ltd, Tiger Synergies Private Limited, all in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (wholesale trading).
Ritesh Kumar Soni ceased to be Director on 30 Apr 2018. Samarpita Joshi was appointed as Director on 28 Apr 2018. Amit Joshi was appointed as Director on 14 Jun 2016.
Yes, Etalon Multitrade is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0010402).
Etalon Multitrade can be reached through the website etalonworld.com. Its registered office is in Indore, Madhya Pradesh, India.