Rakman Commotrade Private Limited
About Rakman Commotrade Private Limited
Data last updated:
Rakman Commotrade Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 27 July 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52390WB2009PTC137203.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.98 Lakh. It was led by directors Chandrakanta Gupta and Sudhir Gupta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 107/1 Park Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.3 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹9.25 Lakh (net margin -53.5%) and EBITDA of -₹9.26 Lakh (EBITDA margin -53.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 36% over five years.
As per MCA filings, the company had satisfied charges of ₹1.3 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Rakman Commotrade 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 Address107/1 Park Street, Kolkata, West Bengal, India – 700016
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Rakman Commotrade 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 Rakman Commotrade is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Rakman Commotrade Private Limited, buy the company report.
Financials of Rakman Commotrade Private Limited
FY 2023 filings availableRakman Commotrade Private Limited reported revenue of ₹17.3 Lakh (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹9.26 Lakh | ||||
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| Net Profit (PAT) | -₹9.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | -53.5% | ||||
| Net Profit Margin | -53.5% | ||||
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To see the full financial statements and ratios of Rakman Commotrade Private Limited, buy the company report.
Board of directors of Rakman Commotrade Private Limited
Rakman Commotrade has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakanta Gupta Also directs: Suman Boutique Private Limited | Director | 24 Oct 2011 | 15 Years 0 Months | As last reported |
| Sudhir Gupta Also directs: Suman Boutique Private Limited | Director | 12 Apr 2010 | 16 Years 6 Months | As last reported |
Auditor
Rakman Commotrade Private Limited is audited by K S A & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S A & CO | FY 2021 | 003822C |
Shareholding
The shareholding of Rakman Commotrade Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rakman Commotrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2015 | 10577640 | Icici Bank Limited | ₹1.3 Cr | Satisfied |
To see the full charge records of Rakman Commotrade Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Rakman Commotrade Private Limited has 3 court cases on record: 2 filed by Rakman Commotrade, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Pending |
| High Court | Court case (CRR) | Filed against the company by an individual | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Rakman Commotrade 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 Rakman Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rakman Commotrade has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Rakman Commotrade Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rakman Commotrade Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Chandrakanta Gupta was appointed as Director on 24 Oct 2011.
Frequently asked questions
Rakman Commotrade has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rakman Commotrade was a private limited company based in Kolkata, West Bengal, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 27 July 2009 and is registered under CIN U52390WB2009PTC137203. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rakman Commotrade was incorporated on 27 July 2009. It is registered with the Registrar of Companies, Kolkata.
Rakman Commotrade had 2 directors:
- Chandrakanta Gupta - Director
- Sudhir Gupta - Director
The CIN (Corporate Identification Number) of Rakman Commotrade is U52390WB2009PTC137203. 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 Rakman Commotrade is at 1071 Park Street, Kolkata, West Bengal, India – 700016.
The latest financial statements of Rakman Commotrade on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Rakman Commotrade operated in the fashion and textile industry, in the fashion retail segment.
Rakman Commotrade has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Chandrakanta Gupta was appointed as Director on 24 Oct 2011. Manoj Kumar Banthia ceased to be Director on 24 Oct 2011. Rakesh Kumar Agarwal ceased to be Director on 24 Oct 2011. Rakman Commotrade has 4 board changes on record in total.
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