Licit Trading Private Limited
About Licit Trading Private Limited
Data last updated:
Licit Trading Private Limited is a private limited company based in Dombivali West, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 21 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2014PTC253498.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajayveer Mangat Gaur and Sandeep Balvant Lohar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 307 Pravitha Chs Ltd. Om Complex Thakurwadi, Dombivali West, Maharashtra, India – 421202.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.33 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Lakh (net margin 50%) and EBITDA of ₹8.55 Lakh (EBITDA margin 69.3%). Revenue has grown at a compounded annual rate (CAGR) of 174% over three years and 201% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Licit Trading Private Limited's registered office is in Dombivali West, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 307 Pravitha Chs Ltd. Om Complex Thakurwadi, Dombivali West, Maharashtra, India – 421202
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Licit Trading 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 Licit Trading is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Licit Trading Private Limited, buy the company report.
Financials of Licit Trading Private Limited
FY 2025 filings availableLicit Trading Private Limited reported revenue of ₹12.33 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 201% over five years, including 6% growth in the latest year. EBITDA rose 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.55 Lakh | ||||
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| Net Profit (PAT) | ₹6.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 69.3% | ||||
| Net Profit Margin | 50% | ||||
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To see the full financial statements and ratios of Licit Trading Private Limited, buy the company report.
Board of directors of Licit Trading Private Limited
Licit Trading has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajayveer Mangat Gaur | Director | 09 Jul 2022 | 4 Years 3 Months | Current |
| Sandeep Balvant Lohar Also directs: Jhalawar Company Limited | Director | 25 Feb 2022 | 4 Years 7 Months | Current |
Peer comparison
Licit Trading Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pawanputra Advertising Private Limited | ₹12.37 Lakh (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Maharaja Ventures Private Limited | ₹12.36 Lakh (FY 2024) | -69.0% | Nagpur, Maharashtra, India | |||
| Sri Vetri Labels Private Limited | ₹12.35 Lakh (FY 2025) | -47.0% | Chennai, Tamil Nadu, India | |||
| Panchmahal Vanijya Private Limited | ₹12.35 Lakh (FY 2025) | -90.0% | Kolkata, West Bengal, India | |||
| Akki's Chocolate Hospitality and Services Private Limited | ₹12.34 Lakh (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Licit Trading Private Limitedthis company | ₹12.33 Lakh (FY 2025) | ₹6.17 Lakh | 50% | 6.0% | Dombivali West, Maharashtra, India | |
| Manas Innovations Private Limited | ₹12.32 Lakh (FY 2025) | -42.0% | Thane, Maharashtra, India | |||
| Brainpan Life Sciences Private Limited | ₹12.32 Lakh (FY 2025) | 123096.0% | Lucknow, Uttar Pradesh, India | |||
| Rosemac Healthcare Private Limited | ₹12.31 Lakh (FY 2024) | 38.0% | Jabalpur, Madhya Pradesh, India | |||
| Amritdhara Builders Advisory Private Limited | ₹12.31 Lakh (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Pro-Line Video Private Limited | ₹12.3 Lakh (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Licit Trading Private Limited, buy the company report.
Auditor
Licit Trading Private Limited is audited by Suba & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suba & Co. | FY 2017 | 110445W |
Shareholding
The shareholding of Licit Trading Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Licit Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Licit Trading 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 Licit Trading 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 Licit Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Licit Trading Private Limited has 8 board changes on record since 2014: 5 appointments and 3 cessations. The latest: Milind Mahadeo Manchekar ceased to be Additional Director on 15 Jul 2022.
Frequently asked questions
Licit Trading is an active private limited company based in Dombivali West, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 21 February 2014 (12+ years old) and is registered under CIN U52100MH2014PTC253498.
Licit Trading has 2 current directors:
- Ajayveer Mangat Gaur - Director
- Sandeep Balvant Lohar - Director
The latest financial statements of Licit Trading on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Licit Trading is U52100MH2014PTC253498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Licit Trading was incorporated on 21 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Licit Trading by revenue are Pawanputra Advertising Private Limited, Maharaja Ventures Private Limited, Sri Vetri Labels Private Limited, Panchmahal Vanijya Private Limited, Akki's Chocolate Hospitality and Services Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Milind Mahadeo Manchekar ceased to be Additional Director on 15 Jul 2022. Ajayveer Mangat Gaur was appointed as Director on 09 Jul 2022. Chandrasekharan Velayudhan ceased to be Director on 03 Mar 2022. Licit Trading has 8 board changes on record in total.
The registered office of Licit Trading is at B – 307 Pravitha Chs Ltd. Om Complex Thakurwadi, Dombivali West, Maharashtra, India – 421202.
Licit Trading operates in the trading industry, in the other wholesale segment.
The compliance status of Licit Trading is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.
Licit Trading can be reached at its registered office: B – 307 Pravitha Chs Ltd. Om Complex Thakurwadi, Dombivali West, Maharashtra, India – 421202.