About Times Comtrade Private Limited
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Times Comtrade Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Tipsons Financial Services Private Limited. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 20 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U34100GJ2006PTC049120. Its GSTIN is 24AACCT6155A1ZR (Gujarat). The company holds 8 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.79 Cr. It is led by directors Jitendra Jayantilal Shah and Dilip Jayantilal Shah.
Its last annual general meeting (AGM) was held on 21 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Sheraton House B/S Pramukh Plaza Opp. Ketav Petrol Pump, Polytechnic Road Ambawadi Ahmedabad – 380015, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹365.63 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 1.6%) and EBITDA of ₹16.64 Cr (EBITDA margin 4.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
The company is associated with 1 brand: Times Comtrade Pvt Ltd. As per MCA filings, the company has open charges of ₹220.9 Cr and satisfied charges of ₹63 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 4 deals on record (4 funding rounds), with disclosed funding of ₹17.25 Cr; the latest was in December 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website timescom.in.
Company details
CIN history
Times Comtrade has one previous CIN (Corporate Identification Number): U51109GJ2006PTC049120. The current CIN is U34100GJ2006PTC049120, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U34100GJ2006PTC049120 | Current |
| U51109GJ2006PTC049120 | Previous |
Contact details
Times Comtrade Private Limited's registered office is in Ahmedabad, Gujarat. Its website is timescom.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor Sheraton House B/S Pramukh Plaza Opp. Ketav Petrol Pump, Polytechnic Road Ambawadi Ahmedabad – 380015, Gujarat, India – 380015
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Times Comtrade 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
Brands
Times Comtrade operates one associated brand: Times Comtrade Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trading and exporting of agricultural commodities with a focus on organic practices. | timescom.in |
Business activity
The main business activity of Times Comtrade is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Times Comtrade Private Limited, buy the company report.
Financials of Times Comtrade Private Limited
FY 2025 filings availableTimes Comtrade Private Limited reported revenue of ₹365.63 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 24% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.6% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Times Comtrade Private Limited, buy the company report.
Board of directors of Times Comtrade Private Limited
Times Comtrade 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 |
|---|---|---|---|---|
| Jitendra Jayantilal Shah Also directs: Kanoda Energy Systems Private Limited, Tipsons Commodities Private Limited, Techwealth Systems Private Limited and 5 more | Director | 20 Sep 2006 | 20 Years 1 Months | Current |
| Dilip Jayantilal Shah Also directs: Tipsons Commodities Private Limited, Techwealth Systems Private Limited, Tipsons Financial Services Private Limited and 5 more | Director | 20 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Times Comtrade Private Limited is audited by RAJNI SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJNI SHAH & ASSOCIATES | FY 2023 | 108468W |
Shareholding
The shareholding of Times Comtrade 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Times Comtrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2025 | 101066439 | Others | ₹20 Cr | Open | |
| 02 Feb 2023 | 100682276 | Others | ₹15 Cr | Open | |
| 18 May 2022 | 100576713 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 20 Aug 2019 | 100282933 | Axis Bank Limited | ₹50 Cr | Open | |
| 19 Jan 2018 | 100150397 | Others | ₹60 Cr | Open |
To see the full charge records of Times Comtrade Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Times Comtrade Private Limited has 4 deals on record (4 funding rounds), with disclosed funding of ₹17.25 Cr; the latest was in December 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Funding round | ₹5 Cr | Investors: Tipsons Financial Services Private Limited |
| May 2019 | Funding round | ₹10 Cr | Investors: Tipsons Financial Services Private Limited |
| Mar 2018 | Funding round | ₹1.5 Cr | Investors: 2 individuals |
| Mar 2014 | Funding round | ₹75 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Times Comtrade Private Limited has 4 court cases on record: 1 filed by Times Comtrade, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| Bombay High Court | Court case (MCA) | Filed against the company by M/S Navinkumar Nikhilkumar Ginning and Pressing Factory, THR. Partner, Mr. Pravin G. Chandak | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of Times Comtrade 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
Times Comtrade Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| H N Comtrade | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Times Comtrade Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Times Comtrade has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCT6155A1ZR | Gujarat | Active | 01 Jul 2017 |
| 08AACCT6155A1ZL | Rajasthan | Active | 01 Jul 2017 |
| 27AACCT6155A1ZL | Maharashtra | Active | 01 Jul 2017 |
| 07AACCT6155A1ZN | Delhi | Active | 05 Jan 2018 |
To see the full GST registrations and return filing status of Times Comtrade Private Limited, buy the company report.
Recent activity
Times Comtrade Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Apurva Pravinkumar Gandhi ceased to be Director on 19 Mar 2014.
13 earlier events are in the company report.
Frequently asked questions
Times Comtrade is an active private limited company based in Ahmedabad, Gujarat, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 20 September 2006 (20+ years old) and is registered under CIN U34100GJ2006PTC049120.
Times Comtrade has 2 current directors:
- Jitendra Jayantilal Shah - Director
- Dilip Jayantilal Shah - Director
The latest financial statements of Times Comtrade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Times Comtrade is 24AACCT6155A1ZR, registered in Gujarat. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 08AACCT6155A1ZL (Rajasthan), 27AACCT6155A1ZL (Maharashtra), 07AACCT6155A1ZN (Delhi).
The CIN (Corporate Identification Number) of Times Comtrade is U34100GJ2006PTC049120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Times Comtrade has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Times Comtrade was incorporated on 20 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Times Comtrade has 4 deals on record (4 funding rounds), with disclosed funding of ₹17.25 Cr; the latest was in December 2021.
Apurva Pravinkumar Gandhi ceased to be Director on 19 Mar 2014. Jayantilal Kacharalal Shah ceased to be Director on 19 Mar 2014. Dilip Jayantilal Shah was appointed as Director on 20 Sep 2006. Times Comtrade has 4 board changes on record in total.
Times Comtrade has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 12 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Times Comtrade can be reached through the website timescom.in. Its registered office is in Ahmedabad, Gujarat, India.
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