Harshika Trading Private Limited
About Harshika Trading Private Limited
Data last updated:
Harshika Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 May 2015.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2015PTC264760. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Arun Nandlal Agrawal (Irp/Rp/Liquidator) and Lopesh Shantilal Vora.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹80.17 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹5.24 Lakh (net margin 6.5%) and EBITDA of ₹7.15 Lakh (EBITDA margin 8.9%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years.
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 1 case is pending.
Company details
Contact details
Harshika Trading Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressExpress Zone Office No.609 6th B – Wing Patel Vanika Western Express Highway Ma, Lad(East), Mumbai, Maharashtra, India – 400063
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Harshika 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 Harshika Trading 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 Harshika Trading Private Limited, buy the company report.
Financials of Harshika Trading Private Limited
FY 2019 filings availableHarshika Trading Private Limited reported revenue of ₹80.17 Lakh (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over three years. EBITDA fell 69% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹80.17 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹7.15 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.24 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.9% | |||
| Net Profit Margin | 6.5% | |||
| 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 Harshika Trading Private Limited, buy the company report.
Board of directors of Harshika Trading Private Limited
Harshika Trading has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Nandlal Agrawal | Irp/Rp/Liquidator | 02 Jul 2024 | 2 Years 3 Months | As last reported |
| Lopesh Shantilal Vora Also directs: Somani Tex-Fab LLP, Extrawvaganza Lifestyle Private Limited | Director | 28 Dec 2016 | 9 Years 9 Months | As last reported |
| Naganath Kopre | Additional Director | 09 Apr 2019 | 7 Years 6 Months | As last reported |
Peer comparison
Harshika Trading Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baleshwar Sah India Private Limited | ₹80.48 Lakh (FY 2023) | 90.0% | Mahua, Bihar, India | |||
| Shashwath Silks and Sarees Private Limited | ₹80.33 Lakh (FY 2018) | -49.0% | Bangalore, Karnataka, India | |||
| Viewlink Marcom Private Limited | ₹80.18 Lakh (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Harshika Trading Private Limitedthis company | ₹80.17 Lakh (FY 2019) | ₹5.24 Lakh | 6.5% | -100.0% | Mumbai, Maharashtra, India | |
| Tamasvini Sales Agency Private Limited | ₹80.12 Lakh (FY 2018) | -93.0% | Mumbai, Maharashtra, India | |||
| Baisakhi Suppliers Private Limited | ₹79.89 Lakh (FY 2025) | 1153.0% | Varanasi, Uttar Pradesh, India | |||
| Maruti Fibres Pvt. Ltd | ₹79.83 Lakh (FY 2025) | 6.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Harshika Trading Private Limited, buy the company report.
Auditor
Harshika Trading Private Limited is audited by M T S & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M T S & ASSOCIATES | FY 2019 | 130510W |
Shareholding
The shareholding of Harshika Trading 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 Harshika Trading Private Limited, buy the company report.
Legal cases
Harshika Trading Private Limited has 7 court cases on record: 5 filed by Harshika Trading, 2 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against M/S Abs Digital Cable Pvt Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S Abs Digital Cable Pvt Ltd., | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Summons For Judgement) | Filed by the company against M/S Abs Digital Cable Pvt Ltd., | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by JSK Marketing Limited and Anr and 1 other | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Union of India Represented by the Secretary Ministry of Finance, Jeevan Deep Building ,New Delhi , Delhi and 1 other | Disposed |
To see the full case history of Harshika Trading 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 Harshika Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harshika Trading has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Harshika Trading Private Limited, buy the company report.
Recent activity
Harshika Trading Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Arun Nandlal Agrawal was appointed as Irp/Rp/Liquidator on 02 Jul 2024.
4 earlier events are in the company report.
Frequently asked questions
Harshika Trading is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Harshika Trading is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 May 2015 and is registered under CIN U51101MH2015PTC264760. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Harshika Trading has 3 current directors:
- Lopesh Shantilal Vora - Director
- Naganath Kopre - Additional Director
- Arun Nandlal Agrawal - Irp/Rp/Liquidator
The latest financial statements of Harshika Trading 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 FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Harshika Trading is U51101MH2015PTC264760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harshika Trading has 7 court cases on record: 5 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Harshika Trading was incorporated on 22 May 2015. It is registered with the Registrar of Companies, Mumbai.
The peers of Harshika Trading by revenue are Baleshwar Sah India Private Limited, Shashwath Silks and Sarees Private Limited, Viewlink Marcom Private Limited, Tamasvini Sales Agency Private Limited, Baisakhi Suppliers Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Arun Nandlal Agrawal was appointed as Irp/Rp/Liquidator on 02 Jul 2024. Ganesh Shrichandra Joshi ceased to be Additional Director on 16 Aug 2022. Pankaj Khemraj Chaudhari ceased to be Additional Director on 16 Aug 2022. Harshika Trading has 13 board changes on record in total.
The registered office of Harshika Trading is at Express Zone Office No.609 6th B – Wing Patel Vanika Western Express Highway Ma, LadEast, Mumbai, Maharashtra, India – 400063.
No. Harshika Trading has 1 GST registration on record and it is cancelled or inactive.