Virtue Commerce Private Limited
About Virtue Commerce Private Limited
Data last updated:
Virtue Commerce Private Limited was a private limited company based in Delhi, 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 brokerage and trading services segment of the financial services sector. It was incorporated on 31 March 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51505DL2014PTC267243.
The company had an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.75 Lakh. It was led by directors Saurabh Jain and Bharat Malhotra.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 24/17 Shakti Nagar, Delhi, India – 110007.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.52 Lakh. For the same year it recorded a net loss of ₹27,248 (net margin -17.9%) and EBITDA of -₹21,348 (EBITDA margin -14%).
Company details
Contact details
Virtue Commerce Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24/17 Shakti Nagar, Delhi, India – 110007
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Virtue Commerce 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
Financials of Virtue Commerce Private Limited
FY 2018 filings availableVirtue Commerce Private Limited reported revenue of ₹1.52 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.52 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹21,348 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹27,248 | ||
| 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 | -14% | ||
| Net Profit Margin | -17.9% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| 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 Virtue Commerce Private Limited, buy the company report.
Board of directors of Virtue Commerce Private Limited
Virtue Commerce has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Jain | Director | 31 Mar 2014 | 12 Years 6 Months | As last reported |
| Bharat Malhotra | Director | 31 Mar 2014 | 12 Years 6 Months | As last reported |
Auditor
Virtue Commerce Private Limited is audited by Aggarwal Mahavir & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aggarwal Mahavir & Associates | FY 2017 | 023827N |
Shareholding
The shareholding of Virtue Commerce 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 Virtue Commerce Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Virtue Commerce 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 Virtue Commerce 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 Virtue Commerce Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Virtue Commerce Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bharat Malhotra was appointed as Director on 31 Mar 2014.
Frequently asked questions
Virtue Commerce 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.
Virtue Commerce was a private limited company based in Delhi, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 31 March 2014 and is registered under CIN U51505DL2014PTC267243. The company has been struck off by the Registrar of Companies and is no longer operational.
Virtue Commerce had 2 directors:
- Saurabh Jain - Director
- Bharat Malhotra - Director
The CIN (Corporate Identification Number) of Virtue Commerce is U51505DL2014PTC267243. 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 Virtue Commerce is at 2417 Shakti Nagar, Delhi, India – 110007.
Virtue Commerce was incorporated on 31 March 2014. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Virtue Commerce on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Virtue Commerce operated in the financial services industry, in the brokerage and trading services segment. It worked in this industry before it was struck off.
Bharat Malhotra was appointed as Director on 31 Mar 2014. Saurabh Jain was appointed as Director on 31 Mar 2014.
Virtue Commerce can be reached at its registered office: 2417 Shakti Nagar, Delhi, India – 110007.