Naira Merchants Private Limited
About Naira Merchants Private Limited
Data last updated:
Naira Merchants Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2017PTC095867. Its GSTIN is 24AAFCN4997F1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Akash Nareshbhai Panchal and Dipakbhai Kramshibhai Desai.
Its last annual general meeting (AGM) was held on 25 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 611 Sukh Sagar Complex Near Fortune Landmark Near Usmanpura Petrol Pump Ashram Road, Ahmedabad, Gujarat, India – 380014.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Naira Merchants Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address611 Sukh Sagar Complex Near Fortune Landmark Near Usmanpura Petrol Pump Ashram Road, Ahmedabad, Gujarat, India – 380014
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Naira 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
Business activity
The main business activity of Naira Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Naira Merchants Private Limited
FY 2019 filings availableFinancial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Naira Merchants Private Limited, buy the company report.
Board of directors of Naira Merchants Private Limited
Naira Merchants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Nareshbhai Panchal Also directs: Amigo Playoffs LLP, Manmohan Ventures Private Limited | Director | 04 Mar 2021 | 5 Years 8 Months | Current |
| Dipakbhai Kramshibhai Desai | Director | 04 Mar 2021 | 5 Years 8 Months | Current |
Auditor
Naira Merchants Private Limited is audited by PRANAV S SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV S SHAH & CO | FY 2019 | 131374W |
Shareholding
The shareholding of Naira Merchants Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Naira Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Naira Merchants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Naira Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Naira Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN4997F1Z6 | Gujarat | Active | 24 Jul 2020 |
To see the full GST registrations and return filing status of Naira Merchants Private Limited, buy the company report.
Recent activity
Naira Merchants Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Manoj Patel ceased to be Director on 05 Mar 2021.
Frequently asked questions
Naira Merchants is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U51909GJ2017PTC095867.
Naira Merchants has 2 current directors:
- Akash Nareshbhai Panchal - Director
- Dipakbhai Kramshibhai Desai - Director
The latest financial statements of Naira Merchants on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 25 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Naira Merchants is 24AAFCN4997F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Naira Merchants is U51909GJ2017PTC095867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Naira Merchants was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manoj Patel ceased to be Director on 05 Mar 2021. Akash Nareshbhai Panchal was appointed as Director on 04 Mar 2021. Dipakbhai Kramshibhai Desai was appointed as Director on 04 Mar 2021. Naira Merchants has 4 board changes on record in total.
The registered office of Naira Merchants is at 611 Sukh Sagar Complex Near Fortune Landmark Near Usmanpura Petrol Pump Ashram Road, Ahmedabad, Gujarat, India – 380014.
Naira Merchants operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Naira Merchants is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
