
Vitol Commercial Pvt Ltd
About Vitol Commercial Pvt Ltd
Data last updated:
Vitol Commercial Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 March 1995.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC070635.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.9 Lakh. It was led by directors Anil Kumar Apat and Sushil Kumar Banthia.
Its last annual general meeting (AGM) was held on 29 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 60A Chowringhee Road 2nd Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.06 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.96 Lakh (net margin 64.1%) and EBITDA of ₹2.63 Lakh (EBITDA margin 86.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company had satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
Vitol Commercial Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address60A Chowringhee Road 2nd Floor, Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vitol Commercial Pvt Ltd, 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 activities of Vitol Commercial are real estate and financial and insurance service. In detail, this covers real estate activities with own or leased property and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Vitol Commercial Pvt Ltd, buy the company report.
Financials of Vitol Commercial Pvt Ltd
FY 2020 filings availableVitol Commercial Pvt Ltd reported revenue of ₹3.06 Lakh (down 8% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA rose 13% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹2.63 Lakh | ||||
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| Net Profit (PAT) | ₹1.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 86.1% | ||||
| Net Profit Margin | 64.1% | ||||
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To see the full financial statements and ratios of Vitol Commercial Pvt Ltd, buy the company report.
Board of directors of Vitol Commercial Pvt Ltd
Vitol Commercial 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 |
|---|---|---|---|---|
| Anil Kumar Apat Also directs: RDB Primarc Techno Park LLP, Turbostart Accelerator III LLP, Zenith Finesse (India) Private Limited and 5 more | Director | 17 Mar 2004 | 22 Years 7 Months | As last reported |
| Sushil Kumar Banthia Also directs: Scorpion Tradelink Private Limited, Yms Hospitality Private Limited, Somani Estates Private Limited and 5 more | Director | 30 Mar 2019 | 7 Years 6 Months | As last reported |
Peer comparison
Vitol Commercial Pvt Ltd is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Other Financial Services), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vitol Commercial Pvt Ltdthis company | ₹3.06 Lakh (FY 2020) | ₹1.96 Lakh | 64.1% | -8.0% | Kolkata, West Bengal, India | |
| Ritukan Developers Private Limited | ₹3.06 Lakh (FY 2025) | -22.0% | New Delhi, Delhi, India | |||
| A&A Infraprojects Private Limited | ₹3.06 Lakh (FY 2022) | 216.0% | New Delhi, Delhi, India | |||
| Marylands Impex Private Limited | ₹3.06 Lakh (FY 2022) | 31.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vitol Commercial Pvt Ltd, buy the company report.
Auditor
Vitol Commercial Pvt Ltd is audited by M.K.SURANA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.K.SURANA & CO | FY 2017 | 324127E |
Shareholding
The shareholding of Vitol Commercial Pvt Ltd is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vitol Commercial Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2007 | 10087336 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Vitol Commercial Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vitol Commercial Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed against the company by Re: Somani Estates Private Ltd. & Ors. | Disposed |
To see the full case history of Vitol Commercial Pvt Ltd, 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 Vitol Commercial Pvt Ltd; 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 Vitol Commercial Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vitol Commercial Pvt Ltd has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Sushil Kumar Banthia ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Vitol Commercial has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Vitol Commercial was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 March 1995 and is registered under CIN U51909WB1995PTC070635. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Vitol Commercial was incorporated on 30 March 1995. It is registered with the Registrar of Companies, Kolkata.
Vitol Commercial had 2 directors:
- Anil Kumar Apat - Director
- Sushil Kumar Banthia - Director
The CIN (Corporate Identification Number) of Vitol Commercial is U51909WB1995PTC070635. 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 Vitol Commercial is at 60A Chowringhee Road 2nd Floor, Kolkata, West Bengal, India – 700020.
The latest financial statements of Vitol Commercial on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 29 December 2020. Year-wise statements from 2015 are in the company report.
Vitol Commercial operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Vitol Commercial by revenue are Ritukan Developers Private Limited, A&A Infraprojects Private Limited, Marylands Impex Private Limited, all in the Real Estate industry (Builders and Developers, Other Financial Services), with the same principal business activity (real estate activities with own or leased property).
Vitol Commercial has 1 court case on record: 1 filed against it.
Sushil Kumar Banthia ceased to be Additional Director on 30 Sep 2019. Kusum Devi Dugar ceased to be Director on 30 Mar 2019. Sushil Kumar Banthia was appointed as Director on 30 Mar 2019. Vitol Commercial has 4 board changes on record in total.