Vasisth Multitrader Private Limited
About Vasisth Multitrader Private Limited
Data last updated:
Vasisth Multitrader Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 05 March 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253854.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Jitendra Gulab Shere and Rajmurti Ramlakhan Saroj.
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 was at Shop No. 12 Asmita Jyoti Co – Op Hsg Soc Ltd Charkop Naka Marve Road Malad West, Mumbai, Maharashtra, India – 400095.
As per the financials filed for FY 2017, the company reported a revenue of ₹95.52 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹2.63 Lakh (net margin 0%) and EBITDA of ₹6.2 Lakh (EBITDA margin 0.1%).
Company details
Contact details
Vasisth Multitrader Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 12 Asmita Jyoti Co – Op Hsg Soc Ltd Charkop Naka Marve Road Malad West, Mumbai, Maharashtra, India – 400095
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Vasisth Multitrader 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 Vasisth Multitrader is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Vasisth Multitrader Private Limited, buy the company report.
Financials of Vasisth Multitrader Private Limited
FY 2017 filings availableVasisth Multitrader Private Limited reported revenue of ₹95.52 Cr (up 89% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 89% in the latest year. EBITDA rose 61% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹95.52 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6.2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.63 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.1% | ||
| Net Profit Margin | 0% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Vasisth Multitrader Private Limited, buy the company report.
Board of directors of Vasisth Multitrader Private Limited
Vasisth Multitrader has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Gulab Shere | Additional Director | 04 Mar 2016 | 10 Years 7 Months | As last reported |
| Rajmurti Ramlakhan Saroj | Additional Director | 04 Mar 2016 | 10 Years 7 Months | As last reported |
Peer comparison
Vasisth Multitrader Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Home Pride Adhesive Private Limited | ₹95.62 Cr (FY 2025) | 28.0% | Delhi, India | |||
| Nigama Comptech and Services Private Limited | ₹95.61 Cr (FY 2025) | -9.0% | Cuttack, Odisha, India | |||
| Rishabh Fourwheels Pvt Ltd | ₹95.57 Cr (FY 2024) | 32.0% | Punjab, India | |||
| C L S Ltd | ₹95.54 Cr (FY 2023) | 8.0% | Howrah, West Bengal, India | |||
| Goldmarine Exports Private Limited | ₹95.53 Cr (FY 2025) | 34.0% | Chennai, Tamil Nadu, India | |||
| Vasisth Multitrader Private Limitedthis company | ₹95.52 Cr (FY 2017) | ₹2.63 Lakh | 0% | 89.0% | Mumbai, Maharashtra, India | |
| Shankar6 Cotton Fibers Private Limited | ₹95.51 Cr (FY 2024) | 34.0% | Ahmedabad, Gujarat, India | |||
| Tushar Fiscal Serrvices Pvt Ltd | ₹95.5 Cr (FY 2025) | 18.0% | Kolkata, West Bengal, India | |||
| Mobi Ocean Technologies Private Limited | ₹95.47 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Narr Cotton Exports Private Limited | ₹95.42 Cr (FY 2025) | 17.0% | Kolkata, West Bengal, India | |||
| P.C.Dey and Son Distributors Private Limited | ₹95.41 Cr (FY 2018) | -63.0% | Habra, West Bengal, India |
To see the full peer comparison of Vasisth Multitrader Private Limited, buy the company report.
Auditor
Vasisth Multitrader Private Limited is audited by JAGIWALA AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGIWALA AND CO. | FY 2017 | 131184W |
Shareholding
The shareholding of Vasisth Multitrader Private 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 Vasisth Multitrader Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vasisth Multitrader Private Limited 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 Vasisth Multitrader Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vasisth Multitrader Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vasisth Multitrader Private Limited has 11 board changes on record since 2014: 2 appointments and 9 cessations. The latest: Deepak Laxman Damse ceased to be Director on 05 Mar 2016.
2 earlier events are in the company report.
Frequently asked questions
Vasisth Multitrader has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Vasisth Multitrader was a private limited company based in Mumbai, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 05 March 2014 and is registered under CIN U74999MH2014PTC253854. The company has been struck off by the Registrar of Companies and is no longer operational.
Vasisth Multitrader had 2 directors:
- Jitendra Gulab Shere - Additional Director
- Rajmurti Ramlakhan Saroj - Additional Director
The CIN (Corporate Identification Number) of Vasisth Multitrader is U74999MH2014PTC253854. 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 Vasisth Multitrader is at Shop No. 12 Asmita Jyoti Co – Op Hsg Soc Ltd Charkop Naka Marve Road Malad West, Mumbai, Maharashtra, India – 400095.
Vasisth Multitrader was incorporated on 05 March 2014. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Vasisth Multitrader 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.
Vasisth Multitrader operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Vasisth Multitrader by revenue are Home Pride Adhesive Private Limited, Nigama Comptech and Services Private Limited, Rishabh Fourwheels Pvt Ltd, C L S Ltd, Goldmarine Exports Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Deepak Laxman Damse ceased to be Director on 05 Mar 2016. Ganesh Dan ceased to be Additional Director on 05 Mar 2016. Jitendra Gulab Shere was appointed as Additional Director on 04 Mar 2016. Vasisth Multitrader has 11 board changes on record in total.
Vasisth Multitrader can be reached at its registered office: Shop No. 12 Asmita Jyoti Co – Op Hsg Soc Ltd Charkop Naka Marve Road Malad West, Mumbai, Maharashtra, India – 400095.