About Utkarsh Exim Pvt Limited
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Utkarsh Exim Pvt Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51929GJ1995PTC027720. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.95 Lakh. It is led by directors Renukaben Chokshi and Ashish Surendrabhai Chokshi.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹9.22 Cr, a growth of 131% compared to the previous year. For the same year it recorded a net loss of ₹1.64 Cr (net margin -17.8%) and EBITDA of ₹15.69 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record. Court records list 35 cases involving the company, including 5 filed by the company and 30 filed against it; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website utkarshexim.com.
Company details
Contact details
Utkarsh Exim Pvt Limited's registered office is in Ahmedabad, Gujarat. Its website is utkarshexim.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address68 Alhabib Estate B/H Evergreen Hotel Narol – Chandola Ro, Ad Narol, Ahmedabad, Gujarat, India – 382405
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Utkarsh Exim Pvt 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 Utkarsh Exim is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Utkarsh Exim Pvt Limited, buy the company report.
Financials of Utkarsh Exim Pvt Limited
FY 2017 filings availableUtkarsh Exim Pvt Limited reported revenue of ₹9.22 Cr (up 131% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 131% growth in the latest year. EBITDA fell 34% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹15.69 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.64 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.7% | ||
| Net Profit Margin | -17.8% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Utkarsh Exim Pvt Limited, buy the company report.
Board of directors of Utkarsh Exim Pvt Limited
Utkarsh Exim 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 |
|---|---|---|---|---|
| Renukaben Chokshi | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
| Ashish Surendrabhai Chokshi | Director | 09 Oct 1995 | 31 Years 0 Months | Current |
Auditor
Utkarsh Exim Pvt Limited is audited by DARSHAN PANCHAL AND ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHAN PANCHAL AND ASSOCIATES | FY 2016 | 139678 |
Shareholding
The shareholding of Utkarsh Exim Pvt Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Utkarsh Exim Pvt Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 1999 | 90099041 | Bank of Baroda | ₹25 Lakh | Satisfied |
To see the full charge records of Utkarsh Exim Pvt Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Utkarsh Exim Pvt Limited has 35 court cases on record: 5 filed by Utkarsh Exim, 30 filed against it. 4 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 28 | 4 |
| High courts | 5 | 2 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Pratik Devendra Jain Autho. Person of Jindal Polyweaves Pvt. Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ashrita Trading Agency Pvt Ltd. | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Wilson Sandhu Logistics(India)Ltd. | Disposed |
| District court, South, Delhi | Arbitration matter | Filed against the company by Religare Finvest Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms. Religare Finvest Ltd., | Disposed |
To see the full case history of Utkarsh Exim Pvt 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 Utkarsh Exim Pvt Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Utkarsh Exim 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 Utkarsh Exim Pvt Limited, buy the company report.
Recent activity
Utkarsh Exim Pvt Limited has 4 board changes on record since 1995: 2 appointments and 2 cessations. The latest: Manish Rajnikant Nagri ceased to be Director on 05 Mar 2010.
Frequently asked questions
Utkarsh Exim is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 October 1995 (31+ years old) and is registered under CIN U51929GJ1995PTC027720.
Utkarsh Exim has 2 current directors:
- Renukaben Chokshi - Director
- Ashish Surendrabhai Chokshi - Director
The latest financial statements of Utkarsh Exim on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Utkarsh Exim has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Utkarsh Exim is U51929GJ1995PTC027720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utkarsh Exim has 35 court cases on record: 5 filed by the company and 30 filed against it. 4 are pending. Most are in the district courts.
Utkarsh Exim was incorporated on 09 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manish Rajnikant Nagri ceased to be Director on 05 Mar 2010. Mehul Shah ceased to be Director on 05 Mar 2010. Renukaben Chokshi was appointed as Director on 05 Mar 2010. Utkarsh Exim has 4 board changes on record in total.
Utkarsh Exim can be reached through the website utkarshexim.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Utkarsh Exim is at 68 Alhabib Estate BH Evergreen Hotel Narol – Chandola Ro, Ad Narol, Ahmedabad, Gujarat, India – 382405.
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