Padmanath Commtrade Private Limited
About Padmanath Commtrade Private Limited
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Padmanath Commtrade Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 04 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC103845. Its GSTIN is 24AAKCP0425B2ZZ (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Cr. It is led by directors Sherman Manish Shah and Pravin Barot.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Office No. C – 505 B Ganesh Meridian, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,583.46 Cr, a growth of 102% compared to the previous year. For the same year it recorded a net profit of ₹74.83 Lakh (net margin 0%) and EBITDA of ₹99.99 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 26% over five years.
Company details
Contact details
Padmanath Commtrade Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. C – 505 B Ganesh Meridian, Opp. Kargil Petrol Pump Near Gujarat High Court Sola, Ahmedabad, Gujarat, India – 380061
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Padmanath Commtrade 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 Padmanath Commtrade 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 Padmanath Commtrade Private Limited, buy the company report.
Financials of Padmanath Commtrade Private Limited
FY 2024 filings availablePadmanath Commtrade Private Limited reported revenue of ₹1,583.46 Cr (up 102% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 102% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹99.99 Lakh | ||||
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| Net Profit (PAT) | ₹74.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Padmanath Commtrade Private Limited, buy the company report.
Board of directors of Padmanath Commtrade Private Limited
Padmanath Commtrade has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sherman Manish Shah Also directs: Vortex Jobs Private Limited | Director | 01 Sep 2025 | 1 Years 1 Months | Current |
| Pravin Barot Also directs: Arts Watermatics Private Limited, Rajrudra Pratisthan Foundation | Director | 21 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Padmanath Commtrade Private Limited is compared with the 3 companies closest to it by revenue in the Agriculture industry (Agri Services), 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 |
|---|---|---|---|---|---|---|
| Padmanath Commtrade Private Limitedthis company | ₹1,583.46 Cr (FY 2024) | ₹74.83 Lakh | 0% | 102.0% | Ahmedabad, Gujarat, India | |
| JK India Eagritech Limited | ₹1,544.22 Cr (FY 2025) | 18.0% | Kolhapur, Maharashtra, India | |||
| Ayekart Private Limited | ₹1,534.06 Cr (FY 2024) | 138.0% | Mumbai, Maharashtra, India | |||
| Sixseeds Farm Trade Private Limited | ₹1,511.77 Cr (FY 2024) | 49.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Padmanath Commtrade Private Limited, buy the company report.
Auditor
Padmanath Commtrade Private Limited is audited by Soni Aakash & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Soni Aakash & Co. | FY 2023 | 146070W |
Shareholding
The shareholding of Padmanath Commtrade Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Padmanath Commtrade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Padmanath Commtrade 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 Padmanath Commtrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Padmanath Commtrade has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP0425B2ZZ | Gujarat | Active | 24 Dec 2024 |
To see the full GST registrations and return filing status of Padmanath Commtrade Private Limited, buy the company report.
Recent activity
Padmanath Commtrade Private Limited has 9 board changes on record since 2023: 4 appointments and 5 cessations. The latest: Sherman Manish Shah was appointed as Director on 01 Sep 2025.
Frequently asked questions
Padmanath Commtrade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in other wholesale, within the trading industry. It was incorporated on 04 September 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC103845.
Padmanath Commtrade has 2 current directors:
- Sherman Manish Shah - Director
- Pravin Barot - Director
The latest financial statements of Padmanath Commtrade on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Padmanath Commtrade is 24AAKCP0425B2ZZ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Padmanath Commtrade is U51909GJ2018PTC103845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Padmanath Commtrade was incorporated on 04 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Padmanath Commtrade by revenue are JK India Eagritech Limited, Ayekart Private Limited, Sixseeds Farm Trade Private Limited, all in the Agriculture industry (Agri Services), with the same principal business activity (wholesale trading).
Sherman Manish Shah was appointed as Director on 01 Sep 2025. Cheryl Manish Shah ceased to be Director on 20 Sep 2024. Udaykumar Sanjeev Hegde was appointed as Director on 20 Sep 2024. Padmanath Commtrade has 9 board changes on record in total.
The registered office of Padmanath Commtrade is at Office No. C – 505 B Ganesh Meridian, Opp. Kargil Petrol Pump Near Gujarat High Court Sola, Ahmedabad, Gujarat, India – 380061.
Padmanath Commtrade operates in the trading industry, in the other wholesale segment.
Padmanath Commtrade can be reached at its registered office: Office No. C – 505 B Ganesh Meridian, Opp. Kargil Petrol Pump Near Gujarat High Court Sola, Ahmedabad, Gujarat, India – 380061.
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