About Neeshal Trading Private Limited
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Neeshal Trading Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 01 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2000PTC123989.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hemant Dahyalal Bhatt and Ramesh Madhavdas Assar.
Its last annual general meeting (AGM) was held on 30 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 15 Nagindas Mansion57/61 Jaganntha Shanker Sheth Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2017, the company reported a revenue of ₹39,724, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹10,199 (net margin 25.7%) and EBITDA of ₹15,199 (EBITDA margin 38.3%).
As per MCA filings, the company has open charges of ₹400 Cr and satisfied charges of ₹11.42 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website firestardiamond.com.
Company details
Contact details
Neeshal Trading Private Limited's registered office is in Mumbai, Maharashtra. Its website is firestardiamond.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15 Nagindas Mansion57/61 Jaganntha Shanker Sheth Opera House, Mumbai, Maharashtra, India – 400004
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Neeshal 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 Neeshal 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 |
Financials of Neeshal Trading Private Limited
FY 2017 filings availableNeeshal Trading Private Limited reported revenue of ₹39,724 (up 12% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA fell 19% 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 | ₹39,724 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹15,199 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹10,199 | ||
| 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 | 38.3% | ||
| Net Profit Margin | 25.7% | ||
| 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 Neeshal Trading Private Limited, buy the company report.
Board of directors of Neeshal Trading Private Limited
Neeshal 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 |
|---|---|---|---|---|
| Hemant Dahyalal Bhatt | Director | 01 Feb 2000 | 26 Years 8 Months | Current |
| Ramesh Madhavdas Assar Also directs: NDM Enterprises Private Limited, Neeshal Marketing Private Limited, Devdatta Enterprises Private Limited and 5 more | Director | 10 Jan 2012 | 14 Years 9 Months | Current |
Auditor
Neeshal Trading Private Limited is audited by SAMPAT & MEHTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMPAT & MEHTA | FY 2017 | 109031W |
Shareholding
The shareholding of Neeshal 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 Neeshal Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2015 | 10595358 | Punjab National Bank | ₹400 Cr | Open | |
| 15 Jun 2007 | 10060193 | Punjab National Bank | ₹11.42 Cr | Satisfied |
To see the full charge records of Neeshal Trading Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Neeshal 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 Neeshal 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 Neeshal Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neeshal Trading Private Limited has 5 board changes on record since 2000: 2 appointments and 3 cessations. The latest: Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018.
1 earlier event is in the company report.
News
Frequently asked questions
Neeshal Trading is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 01 February 2000 (26+ years old) and is registered under CIN U51900MH2000PTC123989.
Neeshal Trading has 2 current directors:
- Hemant Dahyalal Bhatt - Director
- Ramesh Madhavdas Assar - Director
The latest financial statements of Neeshal Trading on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 August 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neeshal Trading is U51900MH2000PTC123989. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neeshal Trading was incorporated on 01 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018. Neeshal Modi ceased to be Director on 10 Jan 2012. Ramesh Madhavdas Assar was appointed as Director on 10 Jan 2012. Neeshal Trading has 5 board changes on record in total.
Neeshal Trading can be reached through the website firestardiamond.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Neeshal Trading is at 15 Nagindas Mansion5761 Jaganntha Shanker Sheth Opera House, Mumbai, Maharashtra, India – 400004.
Neeshal Trading operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
Neeshal Trading has open charges of ₹400 Cr and satisfied charges of ₹11.42 Cr as per latest MCA filings.