Ethnica Trends Private Limited
About Ethnica Trends Private Limited
Data last updated:
Ethnica Trends Private Limited was a private limited company based in Surat, Gujarat, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 06 January 1994.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1994PTC021014.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹35.15 Lakh. It was formerly known as Magra Investments Co Pvt Ltd.
Its last annual general meeting (AGM) was held on 02 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 1 – 3016 Regent Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2018, the company reported a revenue of ₹54,000. For the same year it recorded a net profit of ₹2.46 Lakh (net margin 456.4%) and EBITDA of ₹2.46 Lakh (EBITDA margin 456.4%).
Company details
CIN history
Ethnica Trends has one previous CIN (Corporate Identification Number): U65910GJ1994PTC021014. The current CIN is U51909GJ1994PTC021014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ1994PTC021014 | Current |
| U65910GJ1994PTC021014 | Previous |
Contact details
Ethnica Trends Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1 – 3016 Regent Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Ethnica Trends 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
Financials of Ethnica Trends Private Limited
FY 2018 filings availableEthnica Trends Private Limited reported revenue of ₹54,000 for FY 2018.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹54,000 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.46 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.46 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 456.4% | |||
| Net Profit Margin | 456.4% | |||
| 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 | ||||
To see the full financial statements and ratios of Ethnica Trends Private Limited, buy the company report.
Board of directors of Ethnica Trends Private Limited
Ethnica Trends has 4 former directors on record and no current directors listed.
Peer comparison
Ethnica Trends Private Limited is compared with the 10 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dicet Foodworks (India) Private Limited | ₹55,502 (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Himalayan School Education Private Limited | ₹55,135 (FY 2023) | 0.0% | Delhi, India | |||
| Hidragen Enterprises Private Limited | ₹55,134 (FY 2023) | Thrissur, Kerala, India | ||||
| Flynxt Global Ventures (OPC) Private Limited | ₹54,490 (FY 2022) | Bangalore, Karnataka, India | ||||
| Graphgate Private Limited | ₹54,062 (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Ethnica Trends Private Limitedthis company | ₹54,000 (FY 2018) | ₹2.46 Lakh | 456.4% | Surat, Gujarat, India | ||
| Rural Innovation Labs Private Limited | ₹53,955 (FY 2025) | -96.0% | Kolkata, West Bengal, India | |||
| Rewago Ecommerce India Private Limited | ₹53,684 (FY 2025) | Kanayannur, Kerala, India | ||||
| Narpavie Enterprises Limited | ₹53,616 (FY 2025) | -90.0% | Dindigul, Tamil Nadu, India | |||
| Emagine Ventures Retail Private Limited | ₹53,225 (FY 2018) | -85.0% | Faridabad, Haryana, India | |||
| Global Tradecracker Private Limited | ₹52,500 (FY 2022) | Mumbai, Maharashtra, India |
To see the full peer comparison of Ethnica Trends Private Limited, buy the company report.
Auditor
Ethnica Trends Private Limited is audited by S S GAGGAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S GAGGAR & CO | FY 2018 | 102907W |
Shareholding
The shareholding of Ethnica Trends Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ethnica Trends Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ethnica Trends 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 Ethnica Trends Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ethnica Trends has 1 associated company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Ethnica Trends Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ethnica Trends Private Limited has 4 board changes on record since 2012: 0 appointments and 4 cessations. The latest: Ghanshyam Ramkishan Chandak ceased to be Director on 12 Nov 2018.
Frequently asked questions
Ethnica Trends has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Ethnica Trends was a private limited company based in Surat, Gujarat, India. The company worked in general e-commerce platforms, within the e-commerce industry. It was incorporated on 06 January 1994 and is registered under CIN U51909GJ1994PTC021014. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Ethnica Trends is U51909GJ1994PTC021014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ethnica Trends was incorporated on 06 January 1994. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Ethnica Trends is at B – 1 – 3016 Regent Textile Market Ring Road, Surat, Gujarat, India – 395002.
The latest financial statements of Ethnica Trends on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 02 August 2018. Year-wise statements from 2015 are in the company report.
Ethnica Trends operated in the e-commerce industry, in the general e-commerce platforms segment.
The peers of Ethnica Trends by revenue are Dicet Foodworks (India) Private Limited, Himalayan School Education Private Limited, Hidragen Enterprises Private Limited, Flynxt Global Ventures (OPC) Private Limited, Graphgate Private Limited and 5 more, all in the Ecommerce and Internet industry (Broad Based Ecommerce).
Ghanshyam Ramkishan Chandak ceased to be Director on 12 Nov 2018. Giriraj Ghanshyamdas Chandak ceased to be Director on 12 Nov 2018. Shrikant Dineshkumar Chandak ceased to be Director on 12 Nov 2018. Ethnica Trends has 4 board changes on record in total.
Yes. Ethnica Trends was formerly known as Magra Investments Co Pvt Ltd.
Ethnica Trends can be reached at its registered office: B – 1 – 3016 Regent Textile Market Ring Road, Surat, Gujarat, India – 395002.
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