Gandevi Commerce Pvt Ltd
About Gandevi Commerce Pvt Ltd
Data last updated:
Gandevi Commerce Pvt Ltd was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 29 December 1994.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65100WB1994PTC066973.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.6 Lakh. It was led by directors including Saurav Bagree and Hari Kishan Baheti.
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 was at 706 Park, Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.67 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Cr (net margin 68%) and EBITDA of ₹2.83 Cr (EBITDA margin 77.2%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 8% over five years.
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- Registered Address32 Chowringhee Road Om Tower, 7th Floor Unit No. 706 Park Street, Kolkata, West Bengal, India – 700071
- IndustryFinancial Services, Financial Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Gandevi Commerce Pvt Ltd
The main business activity of Gandevi Commerce is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gandevi Commerce Pvt Ltd FY 2025 filings available
Gandevi Commerce Pvt Ltd reported revenue of ₹3.67 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gandevi Commerce Pvt Ltd
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 25% 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 of Gandevi Commerce Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.83 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.5 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Gandevi Commerce Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 68% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gandevi Commerce are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gandevi Commerce Pvt Ltd
Gandevi Commerce Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Atlanta Securities Pvt Ltd | ₹3.68 Cr (FY 2025) | •••• | •••• | 31779.0% | •••• | Raipur, Chhattisgarh, India |
| Wampum Finance Private Limited | ₹3.68 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Chandigarh, India |
| Aashiyana Goods Pvt Ltd | ₹3.68 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| PLB Investments Pvt Ltd | ₹3.67 Cr (FY 2025) | •••• | •••• | 87.0% | •••• | New Delhi, Delhi, India |
| Moina Merit Pvt Ltd | ₹3.67 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Gandevi Commerce Pvt Ltd this company | ₹3.67 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Kolkata, West Bengal, India |
| Agroha Finvest Private Limited | ₹3.67 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Fun 'N' Food Pvt Ltd | ₹3.67 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Valiant Investments & Trades Private Limited | ₹3.67 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Arihant Financial Services Limited | ₹3.66 Cr (FY 2019) | •••• | •••• | 102.0% | •••• | Indore, Madhya Pradesh, India |
| Khetan Tracon Private Limited | ₹3.66 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Gandevi Commerce by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gandevi Commerce Pvt Ltd
Gandevi Commerce Pvt Ltd is audited by SUBRATA SAHA & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUBRATA SAHA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gandevi Commerce Pvt Ltd
Gandevi Commerce has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurav Bagree Also directs: Exude Vincom Private Limited, Rottex Mercantile Private Limited | Director | 10 May 2021 | 5 Years 5 Months | As last reported |
| Hari Kishan Baheti Also directs: Exude Vincom Private Limited, Rottex Mercantile Private Limited, Pepsicon Distributors Private Limited and 1 more | Director | 27 Jun 2015 | 11 Years 3 Months | As last reported |
| Sudarshan Bahety Also directs: Exude Vincom Private Limited, Rottex Mercantile Private Limited, Vyaan Agencies LLP and 1 more | Director | 01 Apr 2021 | 5 Years 6 Months | As last reported |
| Krishna Bagree Also directs: Exude Vincom Private Limited, Rottex Mercantile Private Limited | Director | 15 Jun 2020 | 6 Years 4 Months | As last reported |
Ownership and Shareholding of Gandevi Commerce Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gandevi Commerce Pvt Ltd
Gandevi Commerce Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Gandevi Commerce Pvt Ltd
Employment history and EPFO contributions of people linked to Gandevi Commerce.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Gandevi Commerce Pvt Ltd
Gandevi Commerce has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
CIN History of Gandevi Commerce Pvt Ltd
Gandevi Commerce has one previous CIN (Corporate Identification Number): U51109WB1994PTC066973. The current CIN is U65100WB1994PTC066973, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100WB1994PTC066973 | Current |
| U51109WB1994PTC066973 | Previous |
Recent Activity on Gandevi Commerce Pvt Ltd
Gandevi Commerce Pvt Ltd has 16 board changes on record since 2015: 4 appointments and 12 cessations. The latest: Saurav Bagree ceased to be Additional Director on 29 Nov 2021.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gandevi Commerce Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gandevi Commerce Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gandevi Commerce Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gandevi Commerce Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gandevi Commerce Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gandevi Commerce Pvt Ltd
Gandevi Commerce has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Gandevi Commerce was a private limited company based in Kolkata, West Bengal, India. The company worked in financial activities, within the financial services industry. It was incorporated on 29 December 1994 and is registered under CIN U65100WB1994PTC066973. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gandevi Commerce was incorporated on 29 December 1994. It is registered with the Registrar of Companies, Kolkata.
Gandevi Commerce had 4 directors:
- Saurav Bagree - Director
- Hari Kishan Baheti - Director
- Sudarshan Bahety - Director
- Krishna Bagree - Director
The CIN (Corporate Identification Number) of Gandevi Commerce is U65100WB1994PTC066973. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gandevi Commerce is at 32 Chowringhee Road Om Tower, 7th Floor Unit No. 706 Park Street, Kolkata, West Bengal, India – 700071.
Gandevi Commerce reported revenue of ₹3.67 Cr for FY 2024 (down 25% YoY).
Gandevi Commerce has an authorised share capital of ₹1 Cr and a paid-up capital of ₹91.6 Lakh.
Gandevi Commerce reported a net profit of ₹2.5 Cr (net margin 68%) and EBITDA of ₹2.83 Cr (EBITDA margin 77.2%) for FY 2024, as per its filed financial statements.
Gandevi Commerce operated in the financial services industry, in the financial activities segment.
The compounded annual growth rate (CAGR) of the revenue of Gandevi Commerce is 58% over three years and 8% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.