About Fairwealth Commodity Broking Private Limited
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Fairwealth Commodity Broking Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74996HR2006PTC049827. Its GSTIN is 06AABCF0079J1ZQ (Haryana). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹93.07 Lakh. It is led by directors Naveen Gaba and Dhirender Gaba.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 651 – 652 Udyog Vihar Phase V, Gurgaon, Haryana, India – 122016.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.43 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹14.92 Lakh (net margin 3.4%) and EBITDA of ₹51.9 Lakh (EBITDA margin 11.7%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Dr Stock. As per MCA filings, the company has open charges of ₹10.15 Cr and satisfied charges of ₹10 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fairwealth.in.
Company details
CIN history
Fairwealth Commodity Broking has one previous CIN (Corporate Identification Number): U74996DL2006PTC153231. The current CIN is U74996HR2006PTC049827, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74996HR2006PTC049827 | Current |
| U74996DL2006PTC153231 | Previous |
Contact details
Fairwealth Commodity Broking Private Limited's registered office is in Gurgaon, Haryana. Its website is fairwealth.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address651 – 652 Udyog Vihar Phase V, Gurgaon, Haryana, India – 122016
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Fairwealth Commodity Broking 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
Brands
Fairwealth Commodity Broking operates one associated brand: Dr Stock. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| An online platform for trading and real-time market monitoring. | drstock.in |
Business activity
The main business activity of Fairwealth Commodity Broking is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Fairwealth Commodity Broking Private Limited, buy the company report.
Financials of Fairwealth Commodity Broking Private Limited
FY 2018 filings availableFairwealth Commodity Broking Private Limited reported revenue of ₹4.43 Cr (down 6% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 6% fall in the latest year. EBITDA rose 5% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.43 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹51.9 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹14.92 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 | 11.7% | |||
| Net Profit Margin | 3.4% | |||
| 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 Fairwealth Commodity Broking Private Limited, buy the company report.
Board of directors of Fairwealth Commodity Broking Private Limited
Fairwealth Commodity Broking has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Gaba Also directs: Fairwealth Securities Limited | Director | 07 Sep 2006 | 20 Years 1 Months | Current |
| Dhirender Gaba Also directs: Fairwealth Securities Limited | Director | 07 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Fairwealth Commodity Broking Private Limited is audited by S J B RELAN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S J B RELAN & ASSOCIATES | FY 2018 | 027606N |
Shareholding
The shareholding of Fairwealth Commodity Broking 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 Fairwealth Commodity Broking Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2015 | 10557172 | Yes Bank Limited | ₹5 Cr | Open | |
| 07 Nov 2013 | 10460163 | Icici Bank Limited | ₹1.25 Cr | Open | |
| 18 Jul 2013 | 10442034 | Icici Bank Limited | ₹2.46 Cr | Open | |
| 29 Jun 2013 | 10434713 | Icici Bank Limited | ₹68 Lakh | Open | |
| 29 Jun 2013 | 10434723 | Icici Bank Limited | ₹75.6 Lakh | Open |
To see the full charge records of Fairwealth Commodity Broking Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Fairwealth Commodity Broking Private Limited has 14 court cases on record: 9 filed by Fairwealth Commodity Broking, 5 filed against it. 1 case is pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 4 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Multi Commodity Exchange of India Limited Through Pratham Masurekar | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Multi Commodity Exchange of India Limited Through Pratham Masurekar | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed by the company against Ms Multi Commodity Exchange of India Ltd. and 1 other | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against an individual | Disposed |
| District court, New Delhi, Delhi | Arbitration matter | Filed by the company against an individual | Disposed |
To see the full case history of Fairwealth Commodity Broking 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 Fairwealth Commodity Broking Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fairwealth Commodity Broking Private Limited has a workforce of 22 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fairwealth Commodity Broking has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCF0079J1ZQ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fairwealth Commodity Broking Private Limited, buy the company report.
Recent activity
Fairwealth Commodity Broking Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Manoj Agarwal ceased to be Additional Director on 05 Nov 2016.
2 earlier events are in the company report.
Frequently asked questions
Fairwealth Commodity Broking is an active private limited company based in Gurgaon, Haryana, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 September 2006 (20+ years old) and is registered under CIN U74996HR2006PTC049827.
Fairwealth Commodity Broking has 2 current directors:
- Naveen Gaba - Director
- Dhirender Gaba - Director
The latest financial statements of Fairwealth Commodity Broking on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Fairwealth Commodity Broking is 06AABCF0079J1ZQ, registered in Haryana. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fairwealth Commodity Broking is U74996HR2006PTC049827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairwealth Commodity Broking has 14 court cases on record: 9 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Fairwealth Commodity Broking was incorporated on 07 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Manoj Agarwal ceased to be Additional Director on 05 Nov 2016. Prakashkumar Harchandbhai Thakkar ceased to be Director on 04 Jul 2011. Dhirender Gaba was appointed as Director on 07 Sep 2006. Fairwealth Commodity Broking has 4 board changes on record in total.
Fairwealth Commodity Broking can be reached through the website fairwealth.in. Its registered office is in Gurgaon, Haryana, India.
The registered office of Fairwealth Commodity Broking is at 651 – 652 Udyog Vihar Phase V, Gurgaon, Haryana, India – 122016.