India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,482 Raseshkumar R Desai & family ₹1,400 Cr
Krishnalaxmi Multi Trade Private Limited
Krishnalaxmi Multi Trade Private Limited - financial services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2020
₹7.26 Cr
▲ 116% YoY
Net profit · FY 2020
₹6.94 Cr
Net margin 95.6%
EBITDA · FY 2020
-₹23.87 Lakh
EBITDA margin -3.3%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹37.3 Lakh
Issued & subscribed
Company age
34 yrs
Est. 1992
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Krishnalaxmi Multi Trade Private Limited
Data last updated:
Krishnalaxmi Multi Trade Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 19 February 1992 and has been in existence for over 34 years.
Its director Raseshkumar R Desai and family are #1,482 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1992PTC017129.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹37.3 Lakh. It is led by directors including Raseshkumar Ramdas Desai and Krishnaben Raseshkumar Desai.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Parag Mithakhali Six Road Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2020, the company reported a revenue of ₹7.26 Cr, a growth of 116% compared to the previous year. For the same year it recorded a net profit of ₹6.94 Cr (net margin 95.6%) and EBITDA of -₹23.87 Lakh (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 26% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909GJ1992PTC017129
Registration Number 017129
Incorporation Date 19 February 1992
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Raseshkumar Ramdas Desai Director Krishnaben Raseshkumar Desai Director Vidisha Parag Desai Director Recognitions & Rankings of Krishnalaxmi Multi Trade
Contact details
Krishnalaxmi Multi Trade Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressParag Mithakhali Six Road Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Krishnalaxmi Multi Trade Private Limited, buy the company report.
Comprehensive company report
Krishnalaxmi Multi Trade Private Limited - one report that includes everything
- 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
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Financials of Krishnalaxmi Multi Trade Private Limited
FY 2025 filings availableKrishnalaxmi Multi Trade Private Limited reported revenue of ₹7.26 Cr (up 116% YoY) for FY 2020.
Revenue · FY 2020
₹7.26 Cr ▲ 116%
Net profit · FY 2020
₹6.94 Cr margin 95.6%
EBITDA · FY 2020
-₹23.87 Lakh margin -3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 71%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 116% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.26 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.94 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | ||||
| Net Profit Margin | 95.6% | ||||
| 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 Krishnalaxmi Multi Trade Private Limited, buy the company report.
Board of directors of Krishnalaxmi Multi Trade Private Limited
Krishnalaxmi Multi Trade has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raseshkumar Ramdas Desai Also directs: Gujarat Tea Processors and Packers Limited | Director | 20 Feb 1992 | 34 Years 8 Months | Current |
| Krishnaben Raseshkumar Desai Also directs: Gujarat Tea Processors and Packers Limited | Director | 20 Feb 1992 | 34 Years 8 Months | Current |
| Vidisha Parag Desai Also directs: Gujarat Tea Processors and Packers Limited | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
Auditor
Krishnalaxmi Multi Trade Private Limited is audited by BIHARI SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIHARI SHAH & CO | FY 2020 | 119020W |
Shareholding
The shareholding of Krishnalaxmi Multi Trade Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Krishnalaxmi Multi Trade Private Limited, buy the company report.
Legal cases
Krishnalaxmi Multi Trade Private Limited has 1 court case on record: 1 filed by Krishnalaxmi Multi Trade. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Assistant Commissioner of Income Tax | Pending |
To see the full case history of Krishnalaxmi Multi Trade 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 Krishnalaxmi Multi Trade 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 Krishnalaxmi Multi Trade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Krishnalaxmi Multi Trade Private Limited has 7 board changes on record since 1992: 3 appointments and 4 cessations. The latest: Vidisha Parag Desai ceased to be Additional Director on 29 Sep 2024.
AGM
Krishnalaxmi Multi Trade Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Krishnalaxmi Multi Trade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Vidisha Parag Desai ceased to be Additional Director.
Appointed
Vidisha Parag Desai was appointed as Director.
Ceased
Paragkumar Raseshkumar Desai ceased to be Director.
Ceased
Pankajkumar Ramdas Desai ceased to be Director.
Ceased
Piyushkumar Ochhavlal Desai ceased to be Managing Director.
Appointed
Krishnaben Raseshkumar Desai was appointed as Director.
Appointed
Raseshkumar Ramdas Desai was appointed as Director.
Incorporation
19 Feb 1992
Krishnalaxmi Multi Trade Private Limited was registered on 19 Feb 1992 with Roc Ahmedabad & aged 34 years 8 months as per MCA records.
Frequently asked questions
Krishnalaxmi Multi Trade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 19 February 1992 (34+ years old) and is registered under CIN U51909GJ1992PTC017129.
Krishnalaxmi Multi Trade has 3 current directors:
- Raseshkumar Ramdas Desai - Director
- Krishnaben Raseshkumar Desai - Director
- Vidisha Parag Desai - Director
The latest financial statements of Krishnalaxmi Multi Trade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Krishnalaxmi Multi Trade is U51909GJ1992PTC017129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishnalaxmi Multi Trade has 1 court case on record: 1 filed by the company. 1 is pending.
Krishnalaxmi Multi Trade was incorporated on 19 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Vidisha Parag Desai ceased to be Additional Director on 29 Sep 2024. Vidisha Parag Desai was appointed as Director on 01 Dec 2023. Paragkumar Raseshkumar Desai ceased to be Director on 22 Oct 2023. Krishnalaxmi Multi Trade has 7 board changes on record in total.
The registered office of Krishnalaxmi Multi Trade is at Parag Mithakhali Six Road Crossing Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Krishnalaxmi Multi Trade operates in the financial services industry, in the diversified financial services segment.
The compliance status of Krishnalaxmi Multi Trade is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
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