Rythem Merchants Private Limited
About Rythem Merchants Private Limited
Data last updated:
Rythem Merchants Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 01 August 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC165715.
The company had an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.66 Lakh. It was led by directors Pankaj Baid and Kamal Baid.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 15 Ganesh Chandra Avenue 2nd Floor Room No. 1, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2018, the company reported a revenue of ₹11.28 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net profit of ₹1,447 (net margin 0.1%) and EBITDA of ₹2,067 (EBITDA margin 0.2%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
Company details
Contact details
Rythem 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 Address15 Ganesh Chandra Avenue 2nd Floor Room No. 1, Kolkata, West Bengal, India – 700013
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Rythem 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 Rythem 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 |
To see the full business activity and turnover split of Rythem Merchants Private Limited, buy the company report.
Financials of Rythem Merchants Private Limited
FY 2018 filings availableRythem Merchants Private Limited reported revenue of ₹11.28 Lakh (down 80% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years, including a 80% fall in the latest year. EBITDA fell 89% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹2,067 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1,447 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.2% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Current Ratio | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Rythem Merchants Private Limited, buy the company report.
Board of directors of Rythem Merchants Private Limited
Rythem 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 |
|---|---|---|---|---|
| Pankaj Baid Also directs: Manik Merchantiles Pvt Ltd, Possible Dealcomm Private Limited, Pankaj Commercials Builders Pvt. Ltd. and 1 more | Director | 03 Aug 2011 | 15 Years 2 Months | As last reported |
| Kamal Baid Also directs: Manik Merchantiles Pvt Ltd, Possible Dealcomm Private Limited | Director | 03 Aug 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Rythem Merchants Private Limited is compared with the 4 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cubs International Petrochem Limited | ₹11.87 Lakh (FY 2025) | -64.0% | Kolkata, West Bengal, India | |||
| Kanisha Petrochem Private Limited | ₹11.33 Lakh (FY 2025) | -97.0% | Siliguri, West Bengal, India | |||
| Rythem Merchants Private Limitedthis company | ₹11.28 Lakh (FY 2018) | ₹1,447 | 0.1% | -80.0% | Kolkata, West Bengal, India | |
| Haji Global Private Limited | ₹10.8 Lakh (FY 2024) | -56.0% | Delhi, India | |||
| Ranaakh Fuels Private Limited | ₹10.09 Lakh (FY 2025) | 29.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Rythem Merchants Private Limited, buy the company report.
Shareholding
The shareholding of Rythem Merchants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rythem Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rythem 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 Rythem 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 Rythem Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rythem Merchants Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Anil Sharma ceased to be Director on 03 Aug 2011.
Frequently asked questions
Rythem Merchants has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Rythem Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 01 August 2011 and is registered under CIN U51909WB2011PTC165715. The company has been struck off by the Registrar of Companies and is no longer operational.
Rythem Merchants had 2 directors:
- Pankaj Baid - Director
- Kamal Baid - Director
The CIN (Corporate Identification Number) of Rythem Merchants is U51909WB2011PTC165715. 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 Rythem Merchants is at 15 Ganesh Chandra Avenue 2nd Floor Room No. 1, Kolkata, West Bengal, India – 700013.
Rythem Merchants was incorporated on 01 August 2011. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Rythem Merchants on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Rythem Merchants operated in the chemicals and materials industry, in the petrochemicals and derivatives segment. It worked in this industry before it was struck off.
The peers of Rythem Merchants by revenue are Cubs International Petrochem Limited, Kanisha Petrochem Private Limited, Haji Global Private Limited, Ranaakh Fuels Private Limited, all in the Chemicals industry (Petrochemicals), with the same principal business activity (wholesale trading).
Anil Sharma ceased to be Director on 03 Aug 2011. Ganesh Mal Singhi ceased to be Director on 03 Aug 2011. Kamal Baid was appointed as Director on 03 Aug 2011. Rythem Merchants has 4 board changes on record in total.
The compliance status of Rythem Merchants is compliant as of 26 September 2026.