Economy Commotrade Private Limited

Founded in 2008 and headquartered in Uttar Pradesh, India.

2008 | Gorakhpur, Uttar Pradesh (India) | Active
Last Updated: January 10, 2025

Economy Commotrade Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.18 M
  • Company Age 16 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -91.24%
  • Profit Growth -100.99%
  • Ebitda -109.87%
  • Net Worth -0.02%
  • Total Assets -0.40%

About Economy Commotrade

Economy Commotrade Private Limited (ECPL) is a Private Limited Indian Non-Government Company incorporated in India on 19 December 2008 and has a history of 16 years and one month. Its registered office is in Gorakhpur, Uttar Pradesh, India.

The Company is engaged in the Professional Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.18 M, as per Ministry of Corporate Affairs (MCA) records.

Bankey Goenka and Piyush Goenka serve as directors at the Company.

Company Details

  • Location

    Gorakhpur, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909UP2008PTC156431

  • Company No.

    131364

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 2008

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Professional Services

Who are the key members and board of directors at Economy Commotrade?

Board Members (2)

Name Designation Appointment Date Status
Bankey Goenka Country flag representing In Director 31-Aug-2021 Current
Piyush Goenka Country flag representing In Director 27-Jan-2016 Current

Financial Performance of Economy Commotrade.

Economy Commotrade Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.24% decrease. The company also saw a substantial fall in profitability, with a 100.99% decrease in profit. The company's net worth dipped by a decrease of 0.02%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-91.24%
Revenue from Operations
Total Assets
-0.40%
Profit or Loss
-100.99%
Net Worth
-0.02%
EBITDA
-109.87%

What is the Ownership and Shareholding Structure of Economy Commotrade?

In 2023, Economy Commotrade had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Economy Commotrade?

Unlock and access historical data on people associated with Economy Commotrade, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economy Commotrade, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Economy Commotrade's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Economy Commotrade

Recent activity within the organization

  • Annual General Meeting

    Economy Commotrade Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Balance Sheet

    Economy Commotrade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Director Appointment

    Bankey Bihari Goenka was appointed as a Director was appointed as a Director on 31 Aug 2021 & has been associated with this company since 3 years 5 months .

    31 Aug 2021

  • Director Appointment

    Piyush Kumar Goenka was appointed as a Director was appointed as a Director on 27 Jan 2016 & has been associated with this company since 9 years 5 days .

    27 Jan 2016

  • Company Incorporation

    Economy Commotrade Private Limited was registered on 19 Dec 2008 with Roc Kanpur & aged 16 years 1 month as per MCA records.

    19 Dec 2008

Frequently asked questions

  • Economy Commotrade Private Limited was incorporated on 19 Dec 2008.

  • The authorized share capital of Economy Commotrade Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.18 M.

  • Currently 2 directors are associated with Economy Commotrade Private Limited.

    • Bankey Bihari Goenka
    • Piyush Kumar Goenka
  • As per Ministry of Corporate Affairs (Mca), the registered address of Economy Commotrade Private Limited is C/O Alok Kumar Agrawal R.S. Enterprises Shahi Market Phase Ii, Cinema Road India, Gorakhpur, Uttar Pradesh, 273001.

  • The corporate identification number (CIN) of Economy Commotrade Private Limited is U51909UP2008PTC156431 and the company number is 131364 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Economy Commotrade Private Limited has fallen by -91.24%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Economy Commotrade Private Limited has experienced an downturn of -0.02%.

  • The most recent Balance Sheet for Economy Commotrade Private Limited was filed with the ROC on 31 Mar 2024.

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