About Hornic Commodity Dealers Private Limited
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Hornic Commodity Dealers Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 17 May 2004.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH2004PTC146352. Its GSTIN is 27AABCH4428D1ZW (Maharashtra).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.19 Cr. It was formerly known as Hornic Shares and Commodity Dealers Private Limited. It was led by directors Manoharlal Gishulal Daga (Managing Director) and Nirmalkumar Manoharlal Daga (Whole-Time Director).
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 was at 201 Fort Foundationm C Lane Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹89.59 Lakh (net margin 68.5%) and EBITDA of ₹1.2 Cr (EBITDA margin 91.7%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 12% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is hornic.com.
Company details
Contact details
Hornic Commodity Dealers Private Limited's registered office is in Mumbai, Maharashtra. Its website is hornic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 Fort Foundationm C Lane Fort, Mumbai, Maharashtra, India – 400023
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Hornic Commodity Dealers 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 Hornic Commodity Dealers 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 Hornic Commodity Dealers Private Limited, buy the company report.
Financials of Hornic Commodity Dealers Private Limited
FY 2024 filings availableHornic Commodity Dealers Private Limited reported revenue of ₹1.31 Cr (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 51% growth in the latest year. EBITDA rose 59% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.2 Cr | ||||
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| Net Profit (PAT) | ₹89.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 91.7% | ||||
| Net Profit Margin | 68.5% | ||||
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To see the full financial statements and ratios of Hornic Commodity Dealers Private Limited, buy the company report.
Board of directors of Hornic Commodity Dealers Private Limited
Hornic Commodity Dealers 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 |
|---|---|---|---|---|
| Manoharlal Gishulal Daga | Managing Director | 17 May 2004 | 22 Years 5 Months | As last reported |
| Nirmalkumar Manoharlal Daga | Whole-Time Director | 17 May 2004 | 22 Years 5 Months | As last reported |
Auditor
Hornic Commodity Dealers Private Limited is audited by B.G.GOKHRU & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.G.GOKHRU & CO. | FY 2023 | 103279W |
Shareholding
The shareholding of Hornic Commodity Dealers 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hornic Commodity Dealers Private Limited, buy the company report.
Legal cases
Hornic Commodity Dealers Private Limited has 1 court case on record: 1 filed by Hornic Commodity Dealers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Hornic Commodity Dealers 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 Hornic Commodity Dealers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Hornic Commodity Dealers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4428D1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hornic Commodity Dealers Private Limited, buy the company report.
Recent activity
Hornic Commodity Dealers Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Manoharlal Gishulal Daga ceased to be Director on 01 Apr 2010.
Frequently asked questions
Hornic Commodity Dealers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hornic Commodity Dealers was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 17 May 2004 and is registered under CIN U67120MH2004PTC146352. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hornic Commodity Dealers was incorporated on 17 May 2004. It is registered with the Registrar of Companies, Mumbai.
Hornic Commodity Dealers had 2 directors:
- Manoharlal Gishulal Daga - Managing Director
- Nirmalkumar Manoharlal Daga - Whole-Time Director
The CIN (Corporate Identification Number) of Hornic Commodity Dealers is U67120MH2004PTC146352. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hornic Commodity Dealers is at 201 Fort Foundationm C Lane Fort, Mumbai, Maharashtra, India – 400023.
Hornic Commodity Dealers can be reached through the website hornic.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Hornic Commodity Dealers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Hornic Commodity Dealers is 27AABCH4428D1ZW, registered in Maharashtra.
Hornic Commodity Dealers operated in the financial services industry, in the brokerage and trading services segment.
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