Innovative Commotrade Private Limited
About Innovative Commotrade Private Limited
Data last updated:
Innovative Commotrade Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 26 November 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2010PTC155095.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Jaydeb Karmakar and Biswajit Chakraborty.
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 164/40/1 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700045.
As per the financials filed for FY 2019, the company reported a revenue of ₹15.65 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹19,418 (net margin -1.2%) and EBITDA of -₹19,418 (EBITDA margin -1.2%). Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Innovative Commotrade Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address164/40/1 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700045
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Innovative Commotrade 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 Innovative Commotrade 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 Innovative Commotrade Private Limited, buy the company report.
Financials of Innovative Commotrade Private Limited
FY 2019 filings availableInnovative Commotrade Private Limited reported revenue of ₹15.65 Lakh (down 15% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years, including a 15% fall in the latest year. EBITDA fell 234% 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 | ₹15.65 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹19,418 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19,418 | ||||
| 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.2% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 Innovative Commotrade Private Limited, buy the company report.
Board of directors of Innovative Commotrade Private Limited
Innovative Commotrade has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeb Karmakar | Director | 03 Mar 2015 | 11 Years 7 Months | Current |
| Biswajit Chakraborty Also directs: Dreamz Movies & Entertainment Private Limited, Radiant Plastochem Exim Private Limited, Bismuth Infrastructure Limited. and 5 more | Director | 04 Mar 2015 | 11 Years 7 Months | Current |
| Payel Roy | Director | 14 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Innovative Commotrade Private Limited is audited by RAJIB RAJESH & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIB RAJESH & ASSOCIATES | FY 2019 | 323479E |
Shareholding
The shareholding of Innovative Commotrade Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innovative Commotrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Innovative Commotrade 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 Innovative Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Innovative Commotrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Innovative Commotrade Private Limited has 14 board changes on record since 2011: 3 appointments and 11 cessations. The latest: Payel Roy was appointed as Director on 14 Aug 2015.
5 earlier events are in the company report.
Frequently asked questions
Innovative Commotrade is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 26 November 2010 (16+ years old) and is registered under CIN U51909WB2010PTC155095.
Innovative Commotrade has 3 current directors:
- Jaydeb Karmakar - Director
- Biswajit Chakraborty - Director
- Payel Roy - Director
The latest financial statements of Innovative Commotrade 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.
The CIN (Corporate Identification Number) of Innovative Commotrade is U51909WB2010PTC155095. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovative Commotrade was incorporated on 26 November 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Payel Roy was appointed as Director on 14 Aug 2015. Biswajit Chakraborty was appointed as Director on 04 Mar 2015. Shakuntala Garodia ceased to be Director on 04 Mar 2015. Innovative Commotrade has 14 board changes on record in total.
The registered office of Innovative Commotrade is at 164401 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700045.
Innovative Commotrade operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Innovative Commotrade is active non-compliant as of 15 August 2026. The company is actively filing with the Registrar of Companies.
Innovative Commotrade can be reached at its registered office: 164401 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700045.