Harikesh Sales Private Limited
About Harikesh Sales Private Limited
Data last updated:
Harikesh Sales Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 11 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U16003GJ2003PTC043322. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46.21 Lakh. It is led by directors including Viren Rameshchandra Shah and Hiteshwari Viren Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 88 Ajanta Commercial Center Nr Income Tax Office Ashram Road Navrangpura Ahmedabad Guj, Arat, Gujarat, India – 380009.
As per the financials filed for FY 2019, the company reported a revenue of ₹17,274, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹80,037 (net margin -463.3%) and EBITDA of -₹78,219 (EBITDA margin -452.8%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harikesh Sales Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address88 Ajanta Commercial Center Nr Income Tax Office Ashram Road Navrangpura Ahmedabad Guj, Arat, Gujarat, India – 380009
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Harikesh Sales 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 Harikesh Sales 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 |
Financials of Harikesh Sales Private Limited
FY 2019 filings availableHarikesh Sales Private Limited reported revenue of ₹17,274 (down 85% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 85% fall in the latest year. EBITDA fell 970% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17,274 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹78,219 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹80,037 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -452.8% | ||||
| Net Profit Margin | -463.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Harikesh Sales Private Limited, buy the company report.
Board of directors of Harikesh Sales Private Limited
Harikesh Sales has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viren Rameshchandra Shah Also directs: H V Impex Private Limited | Director | 17 Feb 2011 | 15 Years 8 Months | Current |
| Hiteshwari Viren Shah Also directs: H V Impex Private Limited | Director | 20 Mar 2015 | 11 Years 7 Months | Current |
| Snehal Ajitbhai Patel | Director | 10 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Harikesh Sales Private Limited is audited by CHAUHAN & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAUHAN & ASSOCIATES | FY 2019 | 131274W |
Shareholding
The shareholding of Harikesh Sales Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Harikesh Sales Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Harikesh Sales 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 Harikesh Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harikesh Sales 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 Harikesh Sales Private Limited, buy the company report.
Recent activity
Harikesh Sales Private Limited has 13 board changes on record since 2011: 3 appointments and 10 cessations. The latest: Narayan Rangaswamy ceased to be Director on 06 Mar 2021.
4 earlier events are in the company report.
Frequently asked questions
Harikesh Sales is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 11 December 2003 (23+ years old) and is registered under CIN U16003GJ2003PTC043322.
Harikesh Sales has 3 current directors:
- Viren Rameshchandra Shah - Director
- Hiteshwari Viren Shah - Director
- Snehal Ajitbhai Patel - Director
The latest financial statements of Harikesh Sales on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Harikesh Sales has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Harikesh Sales is U16003GJ2003PTC043322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harikesh Sales was incorporated on 11 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Narayan Rangaswamy ceased to be Director on 06 Mar 2021. Bhadrish Suryaprakash Raju ceased to be Director on 10 Jul 2020. Hitesh Kantilal Shah ceased to be Director on 10 Jul 2020. Harikesh Sales has 13 board changes on record in total.
The registered office of Harikesh Sales is at 88 Ajanta Commercial Center Nr Income Tax Office Ashram Road Navrangpura Ahmedabad Guj, Arat, Gujarat, India – 380009.
Harikesh Sales operates in the agriculture industry, in the agro retail and distribution segment.
The compliance status of Harikesh Sales is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
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