Pinnacle Commodities Private Limited
About Pinnacle Commodities Private Limited
Data last updated:
Pinnacle Commodities Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74210WB2006PTC111728. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It was formerly known as Dynamic Wealth Creators Private Limited. It is led by directors Ashwin Daga and Suresh Kumar Saraogi.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 56E Hemanta Basu Sarani 1st Floor Room No. 2, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.52 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.67 Lakh (net margin 24.1%) and EBITDA of ₹7.59 Lakh (EBITDA margin 32.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 44% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pinnacle Commodities 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 Address56E Hemanta Basu Sarani 1st Floor Room No. 2, Kolkata, West Bengal, India – 700001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Pinnacle Commodities 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 Pinnacle Commodities is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Pinnacle Commodities Private Limited, buy the company report.
Financials of Pinnacle Commodities Private Limited
FY 2024 filings availablePinnacle Commodities Private Limited reported revenue of ₹23.52 Lakh (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 44% over five years, including 8% growth in the latest year. EBITDA rose 21% 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 | ₹7.59 Lakh | ||||
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| Net Profit (PAT) | ₹5.67 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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| EBITDA Margin | 32.3% | ||||
| Net Profit Margin | 24.1% | ||||
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To see the full financial statements and ratios of Pinnacle Commodities Private Limited, buy the company report.
Board of directors of Pinnacle Commodities Private Limited
Pinnacle Commodities has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Daga Also directs: Florence Dealer Private Limited, Octal Projects Private Limited, Best Luck Projects LLP and 5 more | Director | 09 Jan 2017 | 9 Years 10 Months | Current |
| Suresh Kumar Saraogi Also directs: Kanknarrah Jute Private Limited, Cardex India Pvt. Ltd., Florence Dealer Private Limited and 5 more | Director | 09 Jan 2017 | 9 Years 10 Months | Current |
Auditor
Pinnacle Commodities Private Limited is audited by Patni & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Patni & Co. | FY 2023 | 320304E |
Shareholding
The shareholding of Pinnacle Commodities 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pinnacle Commodities Private Limited, buy the company report.
Legal cases
Pinnacle Commodities Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Tata Teleservices Maharashtra Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Tata Teleservices Maharashtra Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Tata Teleservices Maharashtra Ltd. | Disposed |
To see the full case history of Pinnacle Commodities 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 Pinnacle Commodities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pinnacle Commodities 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 Pinnacle Commodities Private Limited, buy the company report.
Recent activity
Pinnacle Commodities Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Ashwin Daga ceased to be Additional Director on 29 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
Pinnacle Commodities is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 November 2006 (20+ years old) and is registered under CIN U74210WB2006PTC111728.
Pinnacle Commodities has 2 current directors:
- Ashwin Daga - Director
- Suresh Kumar Saraogi - Director
The latest financial statements of Pinnacle Commodities on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
No. Pinnacle Commodities has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pinnacle Commodities is U74210WB2006PTC111728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pinnacle Commodities has 3 court cases on record: 3 filed against it.
Pinnacle Commodities was incorporated on 09 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashwin Daga ceased to be Additional Director on 29 Sep 2017. Suresh Kumar Saraogi ceased to be Additional Director on 29 Sep 2017. Sumit Singhania ceased to be Director on 31 Mar 2017. Pinnacle Commodities has 13 board changes on record in total.
The registered office of Pinnacle Commodities is at 56E Hemanta Basu Sarani 1st Floor Room No. 2, Kolkata, West Bengal, India – 700001.
Pinnacle Commodities operates in the home and lifestyle industry, in the textile retail and distribution segment.
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