Mainak Comtrade Private Limited
About Mainak Comtrade Private Limited
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Mainak Comtrade Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 04 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2010PTC060973.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Rajesh Sharma Kantilal and Shah Hasmukhlal Shivlal.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 9 – 3rd Floor Harsidhh Chambers Income Tax Char Rasta Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹28.45 Lakh, a decline of 47% compared to the previous year. For the same year it recorded a net profit of ₹8.91 Lakh (net margin 31.3%) and EBITDA of ₹9.05 Lakh (EBITDA margin 31.8%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mainak Comtrade Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 – 3rd Floor Harsidhh Chambers Income Tax Char Rasta Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryFinancial Services, Financial Activities
To see the full contact details of Mainak Comtrade 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
Financials of Mainak Comtrade Private Limited
FY 2017 filings availableMainak Comtrade Private Limited reported revenue of ₹28.45 Lakh (down 47% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 47% fall in the latest year. EBITDA fell 34% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹28.45 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹9.05 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.91 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31.8% | ||
| Net Profit Margin | 31.3% | ||
| 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 Mainak Comtrade Private Limited, buy the company report.
Board of directors of Mainak Comtrade Private Limited
Mainak Comtrade has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharma Kantilal | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Shah Hasmukhlal Shivlal | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
| Michael James Christian | Director | 01 Feb 2016 | 10 Years 9 Months | Current |
Auditor
Mainak Comtrade Private Limited is audited by KAMLESH BHOJANI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAMLESH BHOJANI AND ASSOCIATES | FY 2017 | 127505W |
Shareholding
The shareholding of Mainak Comtrade Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mainak Comtrade Private Limited, buy the company report.
Legal cases
Mainak Comtrade Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Principal Commissioner of Income Tax 2 | Disposed |
To see the full case history of Mainak Comtrade 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 Mainak Comtrade 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 Mainak Comtrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mainak Comtrade Private Limited has 17 board changes on record since 2010: 10 appointments and 7 cessations. The latest: Rajesh Sharma Kantilal was appointed as Director on 12 Jun 2017.
8 earlier events are in the company report.
Frequently asked questions
Mainak Comtrade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in financial activities, within the financial services industry. It was incorporated on 04 June 2010 (16+ years old) and is registered under CIN U51109GJ2010PTC060973.
Mainak Comtrade has 3 current directors:
- Rajesh Sharma Kantilal - Director
- Shah Hasmukhlal Shivlal - Director
- Michael James Christian - Director
The latest financial statements of Mainak Comtrade on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mainak Comtrade is U51109GJ2010PTC060973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mainak Comtrade has 1 court case on record: 1 filed against it.
Mainak Comtrade was incorporated on 04 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajesh Sharma Kantilal was appointed as Director on 12 Jun 2017. Hitesh Hasmukhbhai Parekh ceased to be Director on 01 Feb 2016. Michael James Christian was appointed as Director on 01 Feb 2016. Mainak Comtrade has 17 board changes on record in total.
The registered office of Mainak Comtrade is at 9 – 3rd Floor Harsidhh Chambers Income Tax Char Rasta Ashram Road, Ahmedabad, Gujarat, India – 380009.
Mainak Comtrade operates in the financial services industry, in the financial activities segment.
The compliance status of Mainak Comtrade is active non-compliant as of 11 August 2026. The company is actively filing with the Registrar of Companies.
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