Sincere Commodities And Derivetives Markets Private Limited

Trading commodities since 2004, based in Kolkata, West Bengal.

2004 | Kolkata, West Bengal (India) | Active
Last Updated: October 23, 2024

Sincere Commodities And Derivetives Markets Profile

Key Indicators

  • Authorised Capital ₹ 1.12 Cr
  • Paid Up Capital ₹ 5.81 M
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.67%
  • Profit Growth 94.00%
  • Ebitda 93.69%
  • Net Worth -14.82%
  • Total Assets -60.70%

About Sincere Commodities And Derivetives Markets

Sincere Commodities And Derivetives Markets Private Limited (SCADMPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 August 2004 and has a history of 20 years and five months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Sincere Commodities And Derivetives Markets Limited. The Company is engaged in the Financial 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 1.12 Cr and a paid-up capital of Rs 5.81 M, as per Ministry of Corporate Affairs (MCA) records.

Bhavika Agarwal and Krishnam Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909WB2004PTC099368

  • Company No.

    099368

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 2004

  • Date of AGM

    02 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services

What products or services does Sincere Commodities And Derivetives Markets Private Limited offer?

Sincere Commodities And Derivetives Markets Private Limited offers a wide range of products and services, including Stock Trading/Money Market, Commodities Trading Service, Share Trading Services.

Who are the key members and board of directors at Sincere Commodities And Derivetives Markets?

Board Members (2)

Name Designation Appointment Date Status
Krishnam Agarwal Country flag representing In Director 20-Jun-2024 Current
Bhavika Agarwal Country flag representing In Director 04-Sep-2017 Current

Financial Performance of Sincere Commodities And Derivetives Markets.

Sincere Commodities And Derivetives Markets Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 99.67% decrease. The company also saw a substantial improvement in profitability, with a 94% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.82%.

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
-99.67%
Revenue from Operations
Total Assets
-60.70%
Profit or Loss
94.00%
Net Worth
-14.82%
EBITDA
93.69%

What is the Ownership and Shareholding Structure of Sincere Commodities And Derivetives Markets?

In 2023, Sincere Commodities And Derivetives Markets had a promoter holding of 100.00%. 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 Sincere Commodities And Derivetives Markets?

Unlock and access historical data on people associated with Sincere Commodities And Derivetives Markets, 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 Sincere Commodities And Derivetives Markets, 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 Sincere Commodities And Derivetives Markets'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 Sincere Commodities And Derivetives Markets

Recent activity within the organization

  • Annual General Meeting

    Sincere Commodities And Derivetives Markets Private Limited last Annual general meeting of members was held on 02 Sep 2024 as per latest MCA records.

    02 Sep 2024

  • Director Appointment

    Krishnam Agarwal was appointed as a Director was appointed as a Director on 20 Jun 2024 & has been associated with this company since 7 months 13 days .

    20 Jun 2024

  • Balance Sheet

    Sincere Commodities And Derivetives Markets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Bhavika Agarwal was appointed as a Director was appointed as a Director on 04 Sep 2017 & has been associated with this company since 7 years 4 months .

    04 Sep 2017

  • Company Incorporation

    Sincere Commodities And Derivetives Markets Private Limited was registered on 09 Aug 2004 with Roc Kolkata & aged 20 years 5 months as per MCA records.

    09 Aug 2004

Frequently asked questions

  • Sincere Commodities And Derivetives Markets Private Limited was incorporated on 09 Aug 2004.

  • The authorized share capital of Sincere Commodities And Derivetives Markets Private Limited is ₹ 1.12 Cr and paid-up capital is ₹ 5.81 M.

  • Currently 2 directors are associated with Sincere Commodities And Derivetives Markets Private Limited.

    • Bhavika Agarwal
    • Krishnam Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sincere Commodities And Derivetives Markets Private Limited is Sincere 12 B.B.D. Bagh (East) 1St Floor, India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Sincere Commodities And Derivetives Markets Private Limited is U51909WB2004PTC099368 and the company number is 099368 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sincere Commodities And Derivetives Markets Private Limited has fallen by -99.67%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sincere Commodities And Derivetives Markets Private Limited has experienced an downturn of -14.82%.

  • The most recent Balance Sheet for Sincere Commodities And Derivetives Markets Private Limited was filed with the ROC on 31 Mar 2024.

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