The Swadeshi Commercial Company Limited

Founded in 1928 and headquartered in West Bengal, India.

1928 | Kolkata, West Bengal (India) | Active
Last Updated: January 22, 2025

The Swadeshi Commercial Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.20 M
  • Company Age 96 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -51.98%
  • Profit Growth -652.46%
  • Ebitda -16.81%
  • Net Worth -3.82%
  • Total Assets -4.50%

About The Swadeshi Commercial Company

The Swadeshi Commercial Company Limited (TSCCL) was founded in India on 13 August 1928 and has a glorious history of 96 years and six months.Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Home & Lifestyle 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 5.00 M and a paid-up capital of Rs 4.20 M, as per Ministry of Corporate Affairs (MCA) records.

Lakshmi Bangur, Ramakant Sharma, and Ramavtar Holani 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

    U67120WB1928PLC262748

  • Company No.

    000029

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 1928

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Home & Lifestyle

Who are the key members and board of directors at The Swadeshi Commercial Company?

Board Members (3)

NameDesignationAppointment DateStatus
Lakshmi Bangur Country flag representing In Director 07-Jun-1980Current
Ramakant Sharma Country flag representing In Director 06-Nov-2012Current
Ramavtar Holani Country flag representing In Additional Director 17-Jul-2024Current

Financial Performance of The Swadeshi Commercial Company.

The Swadeshi Commercial Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 51.98% decrease. The company also saw a substantial fall in profitability, with a 652.46% decrease in profit. The company's net worth dipped by a decrease of 3.82%.

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
-51.98%
Revenue from Operations
-55.04%
Total Assets
-4.50%
Profit or Loss
-652.46%
Net Worth
-3.82%
EBITDA
-16.81%

What is the Ownership and Shareholding Structure of The Swadeshi Commercial Company?

In 2023, The Swadeshi Commercial Company had a promoter holding of 95.00% and a public holding of 5.00%. 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 The Swadeshi Commercial Company?

Unlock and access historical data on people associated with The Swadeshi Commercial Company, 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 The Swadeshi Commercial Company, 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 The Swadeshi Commercial Company'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 The Swadeshi Commercial Company

Recent activity within the organization

  • Annual General Meeting

    The Swadeshi Commercial Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Ramavtar Holani was appointed as a Additional Director was appointed as a Additional Director on 17 Jul 2024 & has been associated with this company since 7 months 7 days .

    17 Jul 2024

  • Balance Sheet

    The Swadeshi Commercial Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Ramakant Sharma was appointed as a Director was appointed as a Director on 06 Nov 2012 & has been associated with this company since 12 years 3 months .

    06 Nov 2012

  • Director Appointment

    Lakshmi Niwas Bangur was appointed as a Director was appointed as a Director on 07 Jun 1980 & has been associated with this company since 44 years 8 months .

    07 Jun 1980

  • Company Incorporation

    The Swadeshi Commercial Company Limited was registered on 13 Aug 1928 with Roc Kolkata & aged 96 years 6 months as per MCA records.

    13 Aug 1928

Frequently asked questions

  • The Swadeshi Commercial Company Limited was incorporated on 13 Aug 1928.

  • The authorized share capital of The Swadeshi Commercial Company Limited is ₹ 5.00 M and paid-up capital is ₹ 4.20 M.

  • Currently 3 directors are associated with The Swadeshi Commercial Company Limited.

    • Lakshmi Niwas Bangur
    • Ramakant Sharma
    • Ramavtar Holani
  • As per Ministry of Corporate Affairs (Mca), the registered address of The Swadeshi Commercial Company Limited is 7, Munshi Premchand Sarani Hastings India, Kolkata, West Bengal, 700022.

  • The corporate identification number (CIN) of The Swadeshi Commercial Company Limited is U67120WB1928PLC262748 and the company number is 000029 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for The Swadeshi Commercial Company Limited has fallen by -51.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of The Swadeshi Commercial Company Limited has experienced an downturn of -3.82%.

  • The most recent Balance Sheet for The Swadeshi Commercial Company Limited was filed with the ROC on 31 Mar 2024.

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