Tejas Tradefin LLP
About Tejas Tradefin LLP
Data last updated:
Tejas Tradefin LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. The LLP is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 16 October 2017.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAK-8932. The LLP has 1 GST registration on record, which is no longer active.
The LLP has a total obligation of contribution of ₹6,000. It is led by designated partners including Mickin Mukund Sheth and Sachin Jayant Malde.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹45.46 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net profit of ₹18.29 Cr (net margin 40.2%) and EBITDA of ₹15.4 Cr (EBITDA margin 33.9%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 33% over five years.
Court records list 4 cases involving the LLP, including 1 filed by the LLP and 3 filed against it.
Company details
Contact details
Tejas Tradefin LLP's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address306 Mahavir Commercial Complex M.G. Road, Derasar Lane Ghatkopar East, Mumbai, Maharashtra, India – 400077
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Tejas Tradefin LLP, 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
Financials of Tejas Tradefin LLP
FY 2024 filings availableTejas Tradefin LLP reported revenue of ₹45.46 Cr (down 75% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 75% fall in the latest year. EBITDA fell 90% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹45.46 Cr | ||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | ₹18.29 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 40.2% | ||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Tejas Tradefin LLP, buy the company report.
Designated partners of Tejas Tradefin LLP
Tejas Tradefin has 4 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mickin Mukund Sheth Also directs: MNS Commodities LLP, Ms Village Home Concept LLP, Globalworth Securities Limited and 3 more | Designated Partner | 16 Oct 2017 | 9 Years 0 Months | As last reported |
| Sachin Jayant Malde Also directs: MNS Commodities LLP, Globalworth Securities Limited, MHS Finstock Private Limited and 4 more | Designated Partner | 16 Oct 2017 | 9 Years 0 Months | As last reported |
| Tejas Dilip Ved Also directs: Topgain Finance Private Limited, Ishaan Tradefin LLP, Globalworth Ventures LLP and 1 more | Designated Partner | 12 Jan 2018 | 8 Years 10 Months | As last reported |
| Paras Vrujlal Shah | Designated Partner | 12 Jan 2018 | 8 Years 10 Months | As last reported |
Legal cases
Tejas Tradefin LLP has 4 court cases on record: 1 filed by Tejas Tradefin, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against an individual | Disposed |
To see the full case history of Tejas Tradefin LLP, 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 Tejas Tradefin LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Tejas Tradefin 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 Tejas Tradefin LLP, buy the company report.
Recent activity
Tejas Tradefin LLP has 6 designated partner changes on record since 2017: 4 appointments and 2 cessations. The latest: Paras Vrujlal Shah was appointed as Designated Partner on 12 Jan 2018.
Frequently asked questions
Tejas Tradefin is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The LLP may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Tejas Tradefin is a company under insolvency, formerly operating as a limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in brokerage and trading services, within the financial services industry. It was incorporated on 16 October 2017 and is registered under LLPIN AAK-8932. Caution is advised - the LLP may not have the legal capacity to fulfil new agreements.
Tejas Tradefin has 4 current designated partners:
- Mickin Mukund Sheth - Designated Partner
- Sachin Jayant Malde - Designated Partner
- Tejas Dilip Ved - Designated Partner
- Paras Vrujlal Shah - Designated Partner
The latest financial statements of Tejas Tradefin on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2024. Year-wise statements from FY 2018 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Tejas Tradefin is AAK-8932. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Tejas Tradefin has 4 court cases on record: 1 filed by the LLP and 3 filed against it. Most are in the nclat.
Tejas Tradefin was incorporated on 16 October 2017. It is registered with the Registrar of Companies, Mumbai.
Paras Vrujlal Shah was appointed as Designated Partner on 12 Jan 2018. Tejas Dilip Ved was appointed as Designated Partner on 12 Jan 2018. Paras Vrujlal Shah ceased to be Partner on 11 Jan 2018. Tejas Tradefin has 6 designated partner changes on record in total.
The registered office of Tejas Tradefin is at 306 Mahavir Commercial Complex M.G. Road, Derasar Lane Ghatkopar East, Mumbai, Maharashtra, India – 400077.
No. Tejas Tradefin has 1 GST registration on record and it is cancelled or inactive.
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