Multigain Commosales Private Limited
About Multigain Commosales Private Limited
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Multigain Commosales Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 June 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52190WB2011PTC163827.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.02 Lakh. It was led by directors Avinash Bharati and Ramapravesh.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 27 Weston Street, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.24 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹3,227 (net margin 1%) and EBITDA of ₹4,601 (EBITDA margin 1.4%).
Company details
Contact details
Multigain Commosales Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27 Weston Street, Kolkata, West Bengal, India – 700012
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Multigain Commosales 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 Multigain Commosales Private Limited
FY 2017 filings availableMultigain Commosales Private Limited reported revenue of ₹3.24 Lakh (down 90% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year. EBITDA rose 41% in the latest 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 | ₹3.24 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹4,601 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3,227 | ||
| 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 | 1.4% | ||
| Net Profit Margin | 1% | ||
| 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 Multigain Commosales Private Limited, buy the company report.
Board of directors of Multigain Commosales Private Limited
Multigain Commosales 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 |
|---|---|---|---|---|
| Avinash Bharati | Director | 28 Nov 2017 | 8 Years 10 Months | As last reported |
| Ramapravesh Also directs: Rutika Dealmark Private Limited, Cristal Designer Private Limited, Kathrene Suppliers Private Limited and 5 more | Director | 28 Nov 2017 | 8 Years 10 Months | As last reported |
Auditor
Multigain Commosales Private Limited is audited by Gora & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gora & Co. | FY 2017 | 327183E |
Shareholding
The shareholding of Multigain Commosales 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 Multigain Commosales Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Multigain Commosales 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 Multigain Commosales 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 Multigain Commosales Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Multigain Commosales Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Mahesh Tewary ceased to be Director on 30 Nov 2017.
Frequently asked questions
Multigain Commosales has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Multigain Commosales was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 15 June 2011 and is registered under CIN U52190WB2011PTC163827. The company has been struck off by the Registrar of Companies and is no longer operational.
Multigain Commosales had 2 directors:
- Avinash Bharati - Director
- Ramapravesh - Director
The CIN (Corporate Identification Number) of Multigain Commosales is U52190WB2011PTC163827. 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 Multigain Commosales is at 27 Weston Street, Kolkata, West Bengal, India – 700012.
Multigain Commosales was incorporated on 15 June 2011. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Multigain Commosales on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
Multigain Commosales operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Mahesh Tewary ceased to be Director on 30 Nov 2017. Rajesh Yadav ceased to be Director on 30 Nov 2017. Avinash Bharati was appointed as Director on 28 Nov 2017. Multigain Commosales has 7 board changes on record in total.
Multigain Commosales can be reached at its registered office: 27 Weston Street, Kolkata, West Bengal, India – 700012.