Carmel Merchants Pvt Ltd
About Carmel Merchants Pvt Ltd
Data last updated:
Carmel Merchants Pvt Ltd 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 05 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC075746.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.06 Cr. It is led by directors Rakesh Kumar Singhvi and Harsha Jain.
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 27 Mullick Street, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.27 Lakh, a growth of 113% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Lakh (net margin -4.6%) and EBITDA of -₹24,811 (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 14% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Carmel Merchants Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27 Mullick Street, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Carmel Merchants Pvt Ltd, 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 Carmel Merchants is financial and insurance activities. In detail, this covers financial service activities, except insurance and pension funding.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 64 | Financial service activities, except insurance and pension funding |
To see the full business activity and turnover split of Carmel Merchants Pvt Ltd, buy the company report.
Financials of Carmel Merchants Pvt Ltd
FY 2025 filings availableCarmel Merchants Pvt Ltd reported revenue of ₹25.27 Lakh (up 113% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 113% growth in the latest year. EBITDA fell 162% 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 | -₹24,811 | ||||
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| Net Profit (PAT) | -₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -4.6% | ||||
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To see the full financial statements and ratios of Carmel Merchants Pvt Ltd, buy the company report.
Board of directors of Carmel Merchants Pvt Ltd
Carmel Merchants has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Kumar Singhvi | Director | 14 Aug 2019 | 7 Years 2 Months | Current |
| Harsha Jain Also directs: Jiyo Aur Jeene Do Foundation | Director | 08 Apr 2021 | 5 Years 6 Months | Current |
Auditor
Carmel Merchants Pvt Ltd is audited by RAHUL R CHOUDHARY & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL R CHOUDHARY & ASSOCIATES | FY 2016 | 327426E |
Shareholding
The shareholding of Carmel Merchants Pvt Ltd is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Carmel Merchants Pvt Ltd, buy the company report.
Legal cases
Carmel Merchants Pvt Ltd has 2 court cases on record: 2 filed by Carmel Merchants. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Carmel Merchants Pvt Ltd, 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 Carmel Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Carmel Merchants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Carmel Merchants Pvt Ltd has 16 board changes on record since 2001: 9 appointments and 7 cessations. The latest: Dhirendra Lenka ceased to be Director on 14 Apr 2021.
7 earlier events are in the company report.
Frequently asked questions
Carmel Merchants 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 05 December 1995 (31+ years old) and is registered under CIN U51909WB1995PTC075746.
Carmel Merchants has 2 current directors:
- Rakesh Kumar Singhvi - Director
- Harsha Jain - Director
The latest financial statements of Carmel Merchants 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 CIN (Corporate Identification Number) of Carmel Merchants is U51909WB1995PTC075746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carmel Merchants has 2 court cases on record: 2 filed by the company.
Carmel Merchants was incorporated on 05 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
Dhirendra Lenka ceased to be Director on 14 Apr 2021. Harsha Jain was appointed as Director on 08 Apr 2021. Ramesh Kumar Tapadia ceased to be Director on 21 Aug 2019. Carmel Merchants has 16 board changes on record in total.
The registered office of Carmel Merchants is at 27 Mullick Street, Kolkata, West Bengal, India – 700007.
Carmel Merchants operates in the financial services industry, in the nbfc segment.
The compliance status of Carmel Merchants is compliant as of 03 August 2026. The company is actively filing with the Registrar of Companies.
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