About Rahul Commerce Pvt Ltd
Data last updated:
Rahul Commerce Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 16 June 1975.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U63090WB1975PTC030074. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹75 Lakh. It is led by directors Deven Kishore Shah and Apurba Pattanayak.
Its last annual general meeting (AGM) was held on 28 January 2020, and its latest financial statements are for the year ended 31 March 2019. The registered office is at D38(79) Rajdanga Nabapally, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2019, the company reported a revenue of ₹88.45 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹6.23 Cr and EBITDA of -₹5.34 Cr. Revenue has declined at a compounded annual rate (CAGR) of 68% over three years.
As per MCA filings, the company has open charges of ₹11.57 Cr and satisfied charges of ₹7.96 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it.
The last known website on record is rahulcommerce.com.
Company details
Contact details
Rahul Commerce Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is rahulcommerce.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD38(79) Rajdanga Nabapally, Kolkata, West Bengal, India – 700107
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Rahul Commerce Pvt Ltd, 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 activities of Rahul Commerce are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Rahul Commerce Pvt Ltd, buy the company report.
Financials of Rahul Commerce Pvt Ltd
FY 2019 filings availableRahul Commerce Pvt Ltd reported revenue of ₹88.45 Lakh (down 94% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over three years, including a 94% fall in the latest year. EBITDA fell 616% 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 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹88.45 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.23 Cr | ||||
| 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Rahul Commerce Pvt Ltd, buy the company report.
Board of directors of Rahul Commerce Pvt Ltd
Rahul Commerce has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurba Pattanayak | Additional Director | 08 Aug 2019 | 7 Years 2 Months | As last reported |
| Deven Kishore Shah | Director | 21 Feb 2002 | 24 Years 8 Months | As last reported |
Auditor
Rahul Commerce Pvt Ltd is audited by S K GOSWAMI & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K GOSWAMI & ASSOCIATES | FY 2019 | 316094E |
Shareholding
The shareholding of Rahul Commerce Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rahul Commerce Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2017 | 100139342 | Others | ₹8.9 Cr | Open | |
| 30 Aug 2011 | 10304316 | Deutsche Bank Ag | ₹1 Cr | Open | |
| 15 Dec 2008 | 10193239 | Deutsche Bank Ag | ₹1.67 Cr | Open | |
| 22 Jul 2015 | 10585377 | Tata Capital Financial Services Limited | ₹1.39 Cr | Satisfied | |
| 24 Jun 2011 | 10298216 | Syndicate Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Rahul Commerce Pvt Ltd, buy the company report.
Total charge records: 10 View all charges
Legal cases
Rahul Commerce Pvt Ltd has 10 court cases on record: 7 filed by Rahul Commerce, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 3 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ms Mile Stone Solutions Pvt. Ltd. and 1 other | Disposed |
| High Court | Court case (APO) | Filed by the company against D. Wren Industries Pvt. Ltd. | Disposed |
| High Court | Court case (APO) | Filed against the company by D. Wren Industries Pvt. Ltd. | Disposed |
| High Court | Company petition | Filed by the company against D. Wren Industries (P) Ltd. | Disposed |
| High Court | Court case (APO) | Filed against the company by an individual | Disposed |
To see the full case history of Rahul Commerce Pvt Ltd, 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.
Credit ratings & regulatory alerts
Rahul Commerce Pvt Ltd was last rated by Care on 06 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Sep 2021 |
To see the full credit ratings and regulatory alerts of Rahul Commerce Pvt Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rahul Commerce Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rahul Commerce has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rahul Commerce Pvt Ltd, buy the company report.
Recent activity
Rahul Commerce Pvt Ltd has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Apurba Pattanayak was appointed as Additional Director on 08 Aug 2019.
16 earlier events are in the company report.
Frequently asked questions
Rahul Commerce is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Rahul Commerce is a company under liquidation, formerly operating as a private limited company based in Kolkata, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 16 June 1975 and is registered under CIN U63090WB1975PTC030074. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Rahul Commerce has 2 current directors:
- Apurba Pattanayak - Additional Director
- Deven Kishore Shah - Director
The latest financial statements of Rahul Commerce on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 January 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rahul Commerce is U63090WB1975PTC030074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rahul Commerce has open charges of ₹11.57 Cr and satisfied charges of ₹7.96 Cr as per latest MCA filings.
Rahul Commerce has 10 court cases on record: 7 filed by the company and 3 filed against it. Most are in the high courts.
Rahul Commerce was incorporated on 16 June 1975. It is registered with the Registrar of Companies, Kolkata.
Apurba Pattanayak was appointed as Additional Director on 08 Aug 2019. Ranjini Mukherjee ceased to be Additional Director on 08 Aug 2019. Vinay Joshi ceased to be Director on 14 Dec 2018. Rahul Commerce has 6 board changes on record in total.
Rahul Commerce can be reached through the website rahulcommerce.com. Its registered office is in Kolkata, West Bengal, India.
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