About Khandwala Enterprise Private Limited
Data last updated:
Khandwala Enterprise Private Limited was a private limited company based in Ahmedabad, Gujarat, 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 13 April 2004.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2004PTC069573. Its GSTIN is 19AACCK4330L1ZF (West Bengal). The company held 10 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.86 Cr and a paid-up capital of ₹1.38 Cr. It was led by directors Gopal Narendrabhai Shah and Amit Bansiprasad Modi.
Its last annual general meeting (AGM) was held on 30 November 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at B – 83 Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2018, the company reported a revenue of ₹6,703.2 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹115.68 Cr (net margin 1.7%) and EBITDA of ₹156.62 Cr (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.
The last known website on record is khandwalagroup.com.
Company details
CIN history
Khandwala Enterprise has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909GJ2004PTC069573, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2004PTC069573 | Current |
| U51909DN2004PTC000310 | Previous |
| U51909UP2004PTC035524 | Previous |
Contact details
Khandwala Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its website is khandwalagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 83 Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Khandwala Enterprise 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 Khandwala Enterprise 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 Khandwala Enterprise Private Limited, buy the company report.
Financials of Khandwala Enterprise Private Limited
FY 2018 filings availableKhandwala Enterprise Private Limited reported revenue of ₹6,703.2 Cr (up 21% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 21% growth in the latest year. EBITDA rose 318% 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 | ₹6,703.2 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹156.62 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹115.68 Cr | |||
| 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 | 2.3% | |||
| Net Profit Margin | 1.7% | |||
| 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 Khandwala Enterprise Private Limited, buy the company report.
Board of directors of Khandwala Enterprise Private Limited
Khandwala Enterprise has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Narendrabhai Shah Also directs: Omgl Refinery Limited Liability Partnership | Director | 04 Jan 2017 | 9 Years 10 Months | As last reported |
| Amit Bansiprasad Modi | Director | 03 Mar 2012 | 14 Years 8 Months | As last reported |
Auditor
Khandwala Enterprise Private Limited is audited by THAKKAR & TEKWANI for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THAKKAR & TEKWANI | FY 2018 | 135577W |
Shareholding
The shareholding of Khandwala Enterprise 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 Khandwala Enterprise Private Limited, buy the company report.
Legal cases
Khandwala Enterprise Private Limited has 6 court cases on record: 4 filed by Khandwala Enterprise, 2 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by Deputy Commissioner of Income Tax Circle 2(1)(1) | Pending |
| High Court of Delhi | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
| Supreme Court | Court case (0428-Indirect Taxes Matters : Others) | Filed against the company by Union of India Secretary Department of Revenue Secretary Ministry of Finance, Central Secretariat, North Block , District: New Delhi ,New Delhi , Delhi and 1 other | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against an individual | Disposed |
To see the full case history of Khandwala Enterprise 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.
Credit ratings & regulatory alerts
Khandwala Enterprise Private Limited was last rated by Icra on 19 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 Nov 2018 |
To see the full credit ratings and regulatory alerts of Khandwala Enterprise Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Khandwala Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khandwala Enterprise has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCK4330L1ZF | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khandwala Enterprise Private Limited, buy the company report.
Recent activity
Khandwala Enterprise Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Gopal Narendrabhai Shah ceased to be Additional Director on 29 Sep 2017.
Frequently asked questions
Khandwala Enterprise 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.
Khandwala Enterprise was a private limited company based in Ahmedabad, Gujarat, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 13 April 2004 and is registered under CIN U51909GJ2004PTC069573. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Khandwala Enterprise was incorporated on 13 April 2004. It is registered with the Registrar of Companies, Ahmedabad.
Khandwala Enterprise had 2 directors:
- Gopal Narendrabhai Shah - Director
- Amit Bansiprasad Modi - Director
The CIN (Corporate Identification Number) of Khandwala Enterprise is U51909GJ2004PTC069573. 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 Khandwala Enterprise is at B – 83 Pariseema Complex C.G. Road Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Khandwala Enterprise can be reached through the website khandwalagroup.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Khandwala Enterprise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 November 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Khandwala Enterprise is 19AACCK4330L1ZF, registered in West Bengal. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
Khandwala Enterprise operated in the financial services industry, in the brokerage and trading services segment.
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