About Atul Mercantile Private Limited
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Atul Mercantile Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 11 July 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51226WB1990PTC049408. Its GSTIN is 19AADCA3947L1ZB (West Bengal).
The company has an authorised share capital of ₹6.1 Cr and a paid-up capital of ₹4.36 Cr. It is led by directors including Rahul Almal and Tapan Kumar Panda.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.81 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 9.2%) and EBITDA of ₹2.77 Cr (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 123% over three years and 37% over five years.
Its group structure includes 4 subsidiaries.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website almal.co.in.
Company details
CIN history
Atul Mercantile has one previous CIN (Corporate Identification Number): U51226WB1990PLC049408. The current CIN is U51226WB1990PTC049408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51226WB1990PTC049408 | Current |
| U51226WB1990PLC049408 | Previous |
Contact details
Atul Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its website is almal.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 A.J.C. Boase Road 5th Floor, Circular Court, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Atul Mercantile Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Atul Mercantile is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Atul Mercantile Private Limited, buy the company report.
Financials of Atul Mercantile Private Limited
FY 2025 filings availableAtul Mercantile Private Limited reported revenue of ₹12.81 Cr (up 367% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 367% growth in the latest year. EBITDA rose 370% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 9.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Atul Mercantile Private Limited, buy the company report.
Board of directors of Atul Mercantile Private Limited
Atul Mercantile has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Almal | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
| Tapan Kumar Panda Also directs: Fortune Investors & Traders Private Ltd | Director | 03 Apr 2017 | 9 Years 7 Months | Current |
| Atul Almal | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Atul Mercantile Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Viren Investments Private Limited | ₹12.84 Cr (FY 2024) | 128.0% | New Delhi, Delhi, India | |||
| Kunvarji Fincorp Private Limited | ₹12.82 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India | |||
| Atul Mercantile Private Limitedthis company | ₹12.81 Cr (FY 2025) | ₹1.18 Cr | 9.2% | 367.0% | Kolkata, West Bengal, India | |
| Urban Living Finance India Limited | ₹12.69 Cr (FY 2025) | 34.0% | Jaipur, Rajasthan, India | |||
| Varam Capital Private Limited | ₹12.67 Cr (FY 2019) | -41.0% | Chennai, Tamil Nadu, India | |||
| August Agents Ltd | ₹12.65 Cr (FY 2021) | 194.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Atul Mercantile Private Limited, buy the company report.
Auditor
Atul Mercantile Private Limited is audited by TIWARI & COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TIWARI & COMPANY | FY 2017 | 309112E |
Shareholding
The shareholding of Atul Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Atul Mercantile Private Limited, buy the company report.
Legal cases
Atul Mercantile Private Limited has 6 court cases on record: 3 filed by Atul Mercantile, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 3 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| Calcutta High Court | Court case (CO) | Filed by the company against an individual | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by B and B Marketing Ltd | Disposed |
| District court, Calcutta, West Bengal | Criminal miscellaneous application | Filed against the company by State of West Bengal | Disposed |
To see the full case history of Atul Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atul Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Atul Mercantile has 4 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Ascent Agency Private Limited | U51909WB2010PTC141407 | |
| Ascent Agency Private Limited | U51909WB2010PTC141407 | |
| Signature Commercial Private Limited | U52390WB2010PTC143292 | |
| Signature Commercial Private Limited | U52390WB2010PTC143292 |
To see the full group structure of Atul Mercantile Private Limited, buy the company report.
GST
Atul Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCA3947L1ZB | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Atul Mercantile Private Limited, buy the company report.
Recent activity
Atul Mercantile Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Atul Almal ceased to be Additional Director on 30 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Atul Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 11 July 1990 (36+ years old) and is registered under CIN U51226WB1990PTC049408.
Atul Mercantile has 3 current directors:
- Rahul Almal - Director
- Tapan Kumar Panda - Director
- Atul Almal - Director
The latest financial statements of Atul Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Atul Mercantile is 19AADCA3947L1ZB, registered in West Bengal.
The CIN (Corporate Identification Number) of Atul Mercantile is U51226WB1990PTC049408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atul Mercantile has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Atul Mercantile was incorporated on 11 July 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Atul Mercantile by revenue are Viren Investments Private Limited, Kunvarji Fincorp Private Limited, Urban Living Finance India Limited, Varam Capital Private Limited, August Agents Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Atul Almal ceased to be Additional Director on 30 Sep 2019. Atul Almal was appointed as Director on 18 Jun 2019. Dilip Paul ceased to be Additional Director on 18 Jun 2019. Atul Mercantile has 10 board changes on record in total.
Atul Mercantile can be reached through the website almal.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Atul Mercantile is at 8 A.J.C. Boase Road 5th Floor, Circular Court, Kolkata, West Bengal, India – 700017.
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