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Company Information

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ADD-SHOP E-RETAIL LTD.

20 December 2024 | 12:00

Industry >> E-Commerce/E-Retail

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ISIN No INE01B501018 BSE Code / NSE Code 541865 / ASRL Book Value (Rs.) 38.86 Face Value 10.00
Bookclosure 28/08/2024 52Week High 33 EPS 1.12 P/E 13.80
Market Cap. 43.57 Cr. 52Week Low 13 P/BV / Div Yield (%) 0.40 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as Add-Shop Promotions Private Limited at Rajkot, Gujarat as a Private Limited Company under the provisions of Companies Act, 1956 vide Certificate of Incorporation dated August 20, 2013 bearing Corporate Identification Number U51109GJ2013PTC076482 issued by Registrar of Companies, Dadar Nagar Haveli, Gujarat. Subsequently the Company was converted into a Public Limited Company pursuant to special resolution passed by the shareholders at the Extraordinary General Meeting held on June 11, 2018 and fresh certificate of incorporation consequently upon change of name was issued by Registrar of Companies, Ahmedabad, Gujarat, dated June 21, 2018 and name of the Company was changed to Add-Shop Promotions Limited. The Corporate Identification Number is U51109GJ2013PLC076482. For information of the Company's profile, activities, products, services, market of each segment, growth, exports and profits due to foreign operations together with country wise analysis, technology, managerial competence, capacity built-up and standing with reference to prominent competitors, see "the Management", "Business Overview", "Financial Statements as Restated", "Management's Discussion and Analysis of Financial Condition and Results of Operation", "Government and Other Statutory Approval" and "Industry Overview".

Major Events and milestones of the Company

2013

- Incorporation of the Company

2016

- Registration of Trade Mark for the products of Company

- Compliance Letter for the Compliance of the Direct Selling guidelines- 2016, submission of declaration with undertaking regarding.

2017

- Membership certificate from Federation of Direct Selling Association

2018

- Company has converted Add- Shop Promotions Private Limited to Add- Shop Promotions Limited.

Awards, Achievements and Accolades

2017

- Letter from the Chief Minister of Gujarat State to the Company for the Constant changes and progress in human tendency.

2020 -Company name has changed from Add-Shop Promotions Ltd. to Add-Shop E-Retail Ltd.

-The Company has issued Bonus Shares in the Ratio of 3:4

2021 -Add-Shop E-Retail - Company Has Expanded It'S Business By Open 8 New Franchise In 3 States. -Add-Shop E-Retail Ltd.has recommended the issue of Bonus Shares in the ratio of 7:10. -Add-Shop E-Retail - Company Received A Tremendous Response From Marketing Campaign By Opened 250 New Franchises. -Add-Shop E-Retail - Company Has Expand It'S Footprint In Two Another States One in Rajasthan and another one in Himachal Pradesh.

2022 -The Company has issued Bonus Shares in the Ratio of 7:10. -The company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 44 per share. -Add-Shop E-Retail - Company Had Opened New 4 C & F And 26 New Franchises. - Add-Shop E-Retail - Launching Of E-Commerce Platform With More Added Features.

2023 - Add-Shop ERetail opened 10 new franchises in Tamil Nadu, 10 new franchises in West Bengal and 7 new franchises in Bihar last month.