Shasank Commotrade Pvt Ltd
About Shasank Commotrade Pvt Ltd
Data last updated:
Shasank Commotrade Pvt Ltd 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 19 July 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC073000. Its GSTIN is 36AAECS4117K1ZA (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹40 Lakh and a paid-up capital of ₹39.62 Lakh. It was led by directors including Harsh Vardhan Jalan (Whole-Time Director) and Shasank Sekhar Jalan.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 32 Metcalfe Street 3rd Fl.Oor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.32 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹11.62 Lakh (net margin -3.5%) and EBITDA of -₹2.47 Lakh (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
Company details
CIN history
Shasank Commotrade has one previous CIN (Corporate Identification Number): U99999WB1995PTC073000. The current CIN is U51909WB1995PTC073000, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1995PTC073000 | Current |
| U99999WB1995PTC073000 | Previous |
Contact details
Shasank Commotrade Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32 Metcalfe Street 3rd Fl.Oor, Kolkata, West Bengal, India – 700013
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Shasank Commotrade 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 activity of Shasank 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 Shasank Commotrade Pvt Ltd, buy the company report.
Financials of Shasank Commotrade Pvt Ltd
FY 2019 filings availableShasank Commotrade Pvt Ltd reported revenue of ₹3.32 Cr (up 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over three years, including 4% growth in the latest year. EBITDA rose 92% 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 |
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| EBITDA | -₹2.47 Lakh | ||||
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| Net Profit (PAT) | -₹11.62 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.7% | ||||
| Net Profit Margin | -3.5% | ||||
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To see the full financial statements and ratios of Shasank Commotrade Pvt Ltd, buy the company report.
Board of directors of Shasank Commotrade Pvt Ltd
Shasank Commotrade has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shasank Sekhar Jalan Also directs: Harsh Tracon Private Limited | Director | 01 Jan 2010 | 16 Years 10 Months | As last reported |
| Harsh Vardhan Jalan Also directs: Harsh Tracon Private Limited, Jagdhatri Trexim Pvt. Ltd. | Whole-Time Director | 21 Mar 2014 | 12 Years 7 Months | As last reported |
| Yamini Jalan Also directs: Harsh Tracon Private Limited | Director | 04 Sep 2017 | 9 Years 2 Months | As last reported |
Peer comparison
Shasank Commotrade Pvt Ltd is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Leeza Lifestyle Private Limited | ₹3.34 Cr (FY 2022) | -64.0% | Gurgaon, Haryana, India | |||
| Arvind Brands & Retail Limited | ₹3.34 Cr (FY 2016) | 1447.0% | Ahmedabad, Gujarat, India | |||
| WMM E-Commerce Private Limited | ₹3.33 Cr (FY 2020) | -11.0% | New Panvel, Maharashtra, India | |||
| Shasank Commotrade Pvt Ltdthis company | ₹3.32 Cr (FY 2019) | -₹11.62 Lakh | -3.5% | 4.0% | Kolkata, West Bengal, India | |
| Savera Sarees Private Limited | ₹3.31 Cr (FY 2025) | -24.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shasank Commotrade Pvt Ltd, buy the company report.
Auditor
Shasank Commotrade Pvt Ltd is audited by SATISH KUMAR GUPTA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH KUMAR GUPTA & ASSOCIATES | FY 2018 | 314149E |
Shareholding
The shareholding of Shasank Commotrade Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shasank Commotrade Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Shasank Commotrade Pvt Ltd 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 Shasank Commotrade Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shasank Commotrade has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECS4117K1ZA | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shasank Commotrade Pvt Ltd, buy the company report.
Recent activity
Shasank Commotrade Pvt Ltd has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Yamini Jalan was appointed as Director on 04 Sep 2017.
Frequently asked questions
Shasank 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.
Shasank 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 19 July 1995 and is registered under CIN U51909WB1995PTC073000. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Shasank Commotrade was incorporated on 19 July 1995. It is registered with the Registrar of Companies, Kolkata.
Shasank Commotrade had 3 directors:
- Harsh Vardhan Jalan - Whole-Time Director
- Shasank Sekhar Jalan - Director
- Yamini Jalan - Director
The CIN (Corporate Identification Number) of Shasank Commotrade is U51909WB1995PTC073000. 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 Shasank Commotrade is at 32 Metcalfe Street 3rd Fl.Oor, Kolkata, West Bengal, India – 700013.
The latest financial statements of Shasank Commotrade on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Shasank Commotrade is 36AAECS4117K1ZA, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Shasank Commotrade operated in the fashion and textile industry, in the fashion retail segment.
The peers of Shasank Commotrade by revenue are Leeza Lifestyle Private Limited, Arvind Brands & Retail Limited, WMM E-Commerce Private Limited, Savera Sarees Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Yamini Jalan was appointed as Director on 04 Sep 2017. Harsh Vardhan Jalan ceased to be Director on 11 Dec 2015. Harsh Vardhan Jalan was appointed as Whole-Time Director on 21 Mar 2014. Shasank Commotrade has 7 board changes on record in total.
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