Classic Merchants Pvt. Ltd.
About Classic Merchants Pvt. Ltd.
Data last updated:
Classic Merchants Pvt. Ltd. is a private limited company based in Rajasthan, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74999RJ1995PTC009451.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Himanshu Jain and Dev Kothari.
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 17 Nyay Marg Udaipur – 313 001 Udaipur – 313 001, Rajasthan, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.46 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹5.05 Cr (net margin 11.9%) and EBITDA of ₹7.04 Cr (EBITDA margin 16.6%).
Court records list 16 cases involving the company, including 9 filed by the company and 7 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Classic Merchants Pvt. Ltd.'s registered office is in Rajasthan. Its e-mail address is in the company report.
- Email
- Registered Address17 Nyay Marg Udaipur – 313 001 Udaipur – 313 001, Rajasthan, India
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Classic 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 activities of Classic Merchants are real estate and trade. In detail, this covers real estate activities with own or leased property and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Classic Merchants Pvt. Ltd., buy the company report.
Financials of Classic Merchants Pvt. Ltd.
FY 2025 filings availableClassic Merchants Pvt. Ltd. reported revenue of ₹42.46 Cr (down 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.04 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.6% | ||||
| Net Profit Margin | 11.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Classic Merchants Pvt. Ltd., buy the company report.
Board of directors of Classic Merchants Pvt. Ltd.
Classic Merchants has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Jain Also directs: Sanchi Sansaar LLP, Kajri Minerals Private Limited, Neminath Propmart Private Limited and 5 more | Director | 10 Jun 2007 | 19 Years 4 Months | Current |
| Dev Kothari | Director | 28 Jan 2000 | 26 Years 9 Months | Current |
| Shanti Lal Maroo Also directs: Kalpana Precipitates Private Limited, Himang Builders Private Limited, Bluehill Estate Private Limited and 5 more | Director | 28 Jan 2000 | 26 Years 9 Months | Current |
Peer comparison
Classic Merchants Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the Real Estate industry (Broking Services, Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baderwals Projects Private Limited | ₹42.52 Cr (FY 2024) | 436.0% | New Delhi, Delhi, India | |||
| Noida Cyberpark Private Limited | ₹42.51 Cr (FY 2023) | -11.0% | Noida, Uttar Pradesh, India | |||
| Classic Merchants Pvt. Ltd.this company | ₹42.46 Cr (FY 2024) | ₹5.05 Cr | 11.9% | -38.0% | Rajasthan, India | |
| HRD Builders Private Limited | ₹42.44 Cr (FY 2025) | 81.0% | Delhi, India |
To see the full peer comparison of Classic Merchants Pvt. Ltd., buy the company report.
Auditor
Classic Merchants Pvt. Ltd. is audited by RANAWAT & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RANAWAT & ASSOCIATES | FY 2020 | 023581C |
Shareholding
The shareholding of Classic Merchants Pvt. Ltd. is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Classic Merchants Pvt. Ltd., buy the company report.
Legal cases
Classic Merchants Pvt. Ltd. has 16 court cases on record: 9 filed by Classic Merchants, 7 filed against it. 9 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 3 | 9 |
| Supreme Court | 4 | 4 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Writ petition | Filed against the company by Ugt Logistic Private Limited | Pending |
| High Court, RAJASTHAN | Interim or miscellaneous application | Filed by the company against State of Rajasthan | Pending |
| High Court, RAJASTHAN | Writ petition | Filed by the company against State of Rajasthan and 7 others | Pending |
| Supreme Court | Court case (3505-Land Laws And Agricultural Tenancies : Others) | Filed against the company by Urban Improvement Trust Udaipur | Disposed |
| Supreme Court | Court case (3505-Land Laws And Agricultural Tenancies : Others) | Filed against the company by State of Rajasthan . | Disposed |
To see the full case history of Classic 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 Classic 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 Classic Merchants Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Classic Merchants Pvt. Ltd. has 3 board changes on record since 2000: 3 appointments. The latest: Himanshu Jain was appointed as Director on 10 Jun 2007.
Frequently asked questions
Classic Merchants is an active private limited company based in Rajasthan, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 February 1995 (31+ years old) and is registered under CIN U74999RJ1995PTC009451.
Classic Merchants has 3 current directors:
- Himanshu Jain - Director
- Dev Kothari - Director
- Shanti Lal Maroo - Director
The latest financial statements of Classic 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 Classic Merchants is U74999RJ1995PTC009451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Merchants has 16 court cases on record: 9 filed by the company and 7 filed against it. 9 are pending. Most are in the high courts.
Classic Merchants was incorporated on 07 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Classic Merchants by revenue are Baderwals Projects Private Limited, Noida Cyberpark Private Limited, HRD Builders Private Limited, all in the Real Estate industry (Broking Services, Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Himanshu Jain was appointed as Director on 10 Jun 2007. Dev Kothari was appointed as Director on 28 Jan 2000. Shanti Lal Maroo was appointed as Director on 28 Jan 2000.
The registered office of Classic Merchants is at 17 Nyay Marg Udaipur – 313 001 Udaipur – 313 001, Rajasthan, India.
Classic Merchants operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Classic Merchants is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
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