Ved Somaiya Traders Limited

Online portal for trading unique art and gift products under the brand 'Le Trove'.

2017 | Kolkata, West Bengal (India) | Active
Last Updated:

Ved Somaiya Traders Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 7 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -99.36%
  • Profit Growth -66.53%
  • Ebitda 98.92%
  • Net Worth -53.57%
  • Total Assets -6.21%

About Ved Somaiya Traders

Ved Somaiya Traders Limited (VSTL) is a Public Limited Indian Non-Government Company incorporated in India on 05 April 2017 (Seven years and ten months 29 days old ). Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Ved Somaiya Traders Private Limited. The Company is engaged in the Consumer Goods 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 0.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Jagdishchandra Somaiya, Yatish Somaiya, and Taru Somaiya serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    letrove.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999WB2017PLC220456

  • Company No.

    220456

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Goods

Who are the key members and board of directors at Ved Somaiya Traders?

Board Members (3)

NameDesignationAppointment DateStatus
Yatish Somaiya Country flag representing In Director 05-Apr-2017Current
Jagdishchandra Somaiya Country flag representing In Director 05-Apr-2017Current
Taru Somaiya Country flag representing In Additional Director 10-Jun-2017Current

Financial Performance of Ved Somaiya Traders.

Ved Somaiya Traders Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 99.36% decrease. The company also saw a substantial fall in profitability, with a 66.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 53.57%.

Ved Somaiya Traders revenue growth over time
Ved Somaiya Traders 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
-99.36%
Revenue from Operations
Total Assets
-6.21%
Profit or Loss
-66.53%
Net Worth
-53.57%
EBITDA
98.92%

What is the Ownership and Shareholding Structure of Ved Somaiya Traders?

In 2019, Ved Somaiya Traders had a public 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 Ved Somaiya Traders?

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

Employee growth trends for Ved Somaiya Traders Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ved Somaiya Traders, 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 Ved Somaiya Traders'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 Ved Somaiya Traders

Recent activity within the organization

  • Annual General Meeting

    Ved Somaiya Traders Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ved Somaiya Traders Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Taru Somaiya was appointed as a Additional Director was appointed as a Additional Director on 10 Jun 2017 & has been associated with this company since 7 years 8 months .

  • Director Appointment

    Jagdishchandra Ramdas Somaiya was appointed as a Director was appointed as a Director on 05 Apr 2017 & has been associated with this company since 7 years 10 months .

  • Director Appointment

    Yatish Somaiya was appointed as a Director was appointed as a Director on 05 Apr 2017 & has been associated with this company since 7 years 10 months .

  • Company Incorporation

    Ved Somaiya Traders Limited was registered on 05 Apr 2017 with Roc Kolkata & aged 7 years 10 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Ved Somaiya Traders Limited?

    Ved Somaiya Traders Limited was incorporated on 05 Apr 2017.

  • What is authorized share capital and paid-up capital of Ved Somaiya Traders Limited?

    The authorized share capital of Ved Somaiya Traders Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Ved Somaiya Traders Limited?

    Currently 3 directors are associated with Ved Somaiya Traders Limited.

    • Jagdishchandra Ramdas Somaiya
    • Yatish Somaiya
    • Taru Somaiya
  • What is the registered address of Ved Somaiya Traders Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ved Somaiya Traders Limited is 12B Russel Street Flat No.5D, 5Th Floor India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Ved Somaiya Traders Limited?

    The corporate identification number (CIN) of Ved Somaiya Traders Limited is U74999WB2017PLC220456 and the company number is 220456 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ved Somaiya Traders Limited?

    The Official website of Ved Somaiya Traders Limited is https://www.letrove.in

  • What has been the recent revenue trend for Ved Somaiya Traders Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Ved Somaiya Traders Limited has fallen by -99.36%.

  • What change has been observed in the net worth of Ved Somaiya Traders Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Ved Somaiya Traders Limited has experienced an downturn of -53.57%.

  • When was the last Balance Sheet of Ved Somaiya Traders Limited filed with the ROC?

    The most recent Balance Sheet for Ved Somaiya Traders Limited was filed with the ROC on 31 Mar 2024.