Incredible Merchants Private Limited
About Incredible Merchants Private Limited
Data last updated:
Incredible Merchants Private Limited 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 real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 July 2009.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC136786.
The company had an authorised share capital of ₹12.32 Lakh and a paid-up capital of ₹12.3 Lakh. It was led by directors including Binay Kumar Agarwal and Subhash Kumar Agarwala.
Its last annual general meeting (AGM) was held on 18 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 16 Ganesh Chandra Avenue 8th Floor, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹38,952 (net margin 8.1%) and EBITDA of ₹52,632 (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 226% over three years and 124% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
Contact details
Incredible Merchants Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Ganesh Chandra Avenue 8th Floor, Kolkata, West Bengal, India – 700013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Incredible Merchants 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
Financials of Incredible Merchants Private Limited
FY 2023 filings availableIncredible Merchants Private Limited reported revenue of ₹4.8 Lakh (up 361% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 124% over five years, including 361% growth in the latest year. EBITDA rose 353% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹52,632 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38,952 | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 8.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Incredible Merchants Private Limited, buy the company report.
Board of directors of Incredible Merchants Private Limited
Incredible Merchants has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binay Kumar Agarwal | Director | 10 Jun 2019 | 7 Years 5 Months | As last reported |
| Subhash Kumar Agarwala | Director | 27 Mar 2013 | 13 Years 7 Months | As last reported |
| Siva Nageswara Rao Doradla Also directs: Radha Krishna Grain Processing Private Limited, Wealth More Media Private Limited, Wealth More Projects Private Limited and 5 more | Director | 11 Apr 2011 | 15 Years 6 Months | As last reported |
Peer comparison
Incredible Merchants Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikesh Investment and Construction Company Pvt Ltd | ₹4.81 Lakh (FY 2025) | 0.0% | Siliguri, West Bengal, India | |||
| Agt Mercantile Private Limited | ₹4.8 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| Bhairavkripa Buildcon Private Limited | ₹4.8 Lakh (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Rudradev Properties Private Limited | ₹4.8 Lakh (FY 2021) | -6.0% | Panvel, Maharashtra, India | |||
| Incredible Merchants Private Limitedthis company | ₹4.8 Lakh (FY 2023) | ₹38,952 | 8.1% | 361.0% | Kolkata, West Bengal, India | |
| Noida Infoservices Private Limited | ₹4.8 Lakh (FY 2025) | 426.0% | New Delhi, Delhi, India | |||
| G N Distributors Pvt Ltd | ₹4.8 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| L.D. Seamless Private Limited | ₹4.8 Lakh (FY 2025) | 300.0% | Fatehgarh Sahib, Punjab, India | |||
| Nawkiran Projects Private Limited | ₹4.8 Lakh (FY 2025) | 41.0% | Kolkata, West Bengal, India | |||
| SRG Propmart Private Limited | ₹4.8 Lakh (FY 2025) | 9.0% | Delhi, India | |||
| Bijnor Constructions Private Limited | ₹4.8 Lakh (FY 2025) | Bijnor, Uttar Pradesh, India |
To see the full peer comparison of Incredible Merchants Private Limited, buy the company report.
Auditor
Incredible Merchants Private Limited is audited by S. K. DHAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. DHAR & CO. | FY 2023 | 307041E |
Shareholding
The shareholding of Incredible Merchants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Incredible Merchants Private Limited, buy the company report.
Legal cases
Incredible Merchants Private Limited has 3 court cases on record: 3 filed by Incredible Merchants. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against M/S GVS Infra and Industries Pvt Ltd and 4 others | Pending |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Incredible Merchants 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 Incredible Merchants Private Limited; 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 Incredible Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Incredible Merchants Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Binay Kumar Agarwal was appointed as Director on 10 Jun 2019.
Frequently asked questions
Incredible Merchants 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.
Incredible Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 July 2009 and is registered under CIN U51909WB2009PTC136786. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Incredible Merchants was incorporated on 14 July 2009. It is registered with the Registrar of Companies, Kolkata.
Incredible Merchants had 3 directors:
- Binay Kumar Agarwal - Director
- Subhash Kumar Agarwala - Director
- Siva Nageswara Rao Doradla - Director
The CIN (Corporate Identification Number) of Incredible Merchants is U51909WB2009PTC136786. 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 Incredible Merchants is at 16 Ganesh Chandra Avenue 8th Floor, Kolkata, West Bengal, India – 700013.
The latest financial statements of Incredible Merchants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 July 2023. Year-wise statements from 2015 are in the company report.
Incredible Merchants operated in the real estate and construction industry, in the real estate builders and developers segment.
The peers of Incredible Merchants by revenue are Nikesh Investment and Construction Company Pvt Ltd, Agt Mercantile Private Limited, Bhairavkripa Buildcon Private Limited, Rudradev Properties Private Limited, Noida Infoservices Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Incredible Merchants has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the nclt.
Binay Kumar Agarwal was appointed as Director on 10 Jun 2019. Aditya Vikram Kejriwal ceased to be Director on 28 Mar 2013. Saroj Kumar Das ceased to be Director on 28 Mar 2013. Incredible Merchants has 7 board changes on record in total.
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