Amalgamated Development Ltd
About Amalgamated Development Ltd
Data last updated:
Amalgamated Development Ltd was a public limited company based in Hastings, 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 agricultural support and advisory segment of the agriculture sector. It was incorporated on 08 April 1948.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1948PLC016546. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹35 Lakh. It was led by directors including Pradip Kumar Khan and Bhaskar Banerjee.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 7 Munshi Premchand Saranihastings Calcutta – 22 W.E.F. – 30/07/2003, West Bengal, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.05 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹70.66 Lakh (net margin -67.3%) and EBITDA of ₹45.22 Lakh (EBITDA margin 43%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 4% over five years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
Court records list 21 cases involving the company, including 10 filed by the company and 11 filed against it; 6 cases are pending.
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- Registered Address7 Munshi Premchand Saranihastings Calcutta – 22 W.E.F. – 30/07/2003, West Bengal, India
- IndustryAgriculture, Agri Support Services
- 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 Amalgamated Development Ltd
The main business activity of Amalgamated Development is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Amalgamated Development Ltd FY 2024 filings available
Amalgamated Development Ltd reported revenue of ₹1.05 Cr (down 69% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Amalgamated Development Ltd
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 79% 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 Amalgamated Development 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 | ₹45.22 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70.66 Lakh | •••• | •••• | •••• | •••• |
| 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 Amalgamated Development Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -67.3% | •••• | •••• | •••• | •••• |
| 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 Amalgamated Development 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 Amalgamated Development Ltd
Amalgamated Development Ltd is compared with the companies closest to it by revenue in the Agriculture industry (Agri Services, Broking Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gaurav Realty Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 487.0% | •••• | Delhi, India |
| Wealthboost Services Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| GRS Farmer Producer Company Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 1011184.0% | •••• | Nanded, Maharashtra, India |
| Auctus Ventures Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Chennai, Tamil Nadu, India |
| Snowdrop Vincom Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Kolkata, West Bengal, India |
| Amalgamated Development Ltd this company | ₹1.05 Cr (FY 2024) | •••• | •••• | -69.0% | •••• | Hastings, West Bengal, India |
| Chandra Bhushan Agro Enterprises Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | -69.0% | •••• | Sagar, Bihar, India |
| Shubh Labh Agritech Private Limited | ₹1.05 Cr (FY 2024) | •••• | •••• | 438.0% | •••• | Indore, Madhya Pradesh, India |
| Bundelkhand Herbal Agro Producer Company Limited | ₹1.05 Cr (FY 2023) | •••• | •••• | 1.0% | •••• | Mahoba, Uttar Pradesh, India |
| Uttranchal Social Development Centre Private Limited | ₹1.05 Cr (FY 2022) | •••• | •••• | -58.0% | •••• | Dehradun, Uttarakhand, India |
| Kalicharan & Associates Private Limited | ₹1.05 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Amalgamated Development by revenue in the Agriculture industry (Agri Services, Broking Services), 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 Amalgamated Development Ltd
Amalgamated Development Ltd is audited by Sunil Kumar Jain and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sunil Kumar Jain and 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 Amalgamated Development Ltd
Amalgamated Development has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar Khan Also directs: Eminence Harvest Private Limited, Agrajay Greeneries Private Limited, Akruray Greenhub Private Limited and 4 more | Director | 25 May 2017 | 9 Years 4 Months | As last reported |
| Bhaskar Banerjee | Director | 18 Dec 1992 | 33 Years 9 Months | As last reported |
| Rajiv Kapasi | Director | 28 May 2016 | 10 Years 4 Months | As last reported |
| Sheetal Bangur Also directs: Soul Beauty & Wellness Centre LLP, Eminence Cropfield Private Limited, Samay Industries Limited and 1 more | Director | 31 Mar 2015 | 11 Years 6 Months | As last reported |
Ownership and Shareholding of Amalgamated Development 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 Amalgamated Development Ltd
Amalgamated Development Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Amalgamated Development Ltd
Amalgamated Development Ltd has 21 court cases on record: 10 filed by Amalgamated Development, 11 filed against it. 6 cases are pending and 15 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 3 |
| District courts | 10 | 3 | 3 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Pending |
| District court, Hooghly, West Bengal | Court case (M.Case) | Filed by the company against Land Acquisition Collector, Hooghly | Pending |
| District court, Hooghly, West Bengal | Court case (Mjc) | Filed by the company against L.A Collector Hooghly | Pending |
| Calcutta High Court | Court case (FAT) | Filed against the company by State of West Bengal | Pending |
| Calcutta High Court | Court case (FAT) | Filed against the company by Bangur Avenue Residents' Association | Pending |
Full case history
All 21 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Amalgamated Development Ltd
Amalgamated Development Ltd has a workforce of 1 employees as of Apr 04, 2024.
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 Amalgamated Development Ltd
Amalgamated Development has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Calcutta Co Ltd | U67120WB1940PLC009980 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Amalgamated Development Ltd
Amalgamated Development has one previous CIN (Corporate Identification Number): L70109WB1948PLC016546. The current CIN is U70109WB1948PLC016546, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109WB1948PLC016546 | Current |
| L70109WB1948PLC016546 | Previous |
News related to Amalgamated Development Ltd
Recent Activity on Amalgamated Development Ltd
Amalgamated Development Ltd has 11 board changes on record since 1992: 4 appointments and 7 cessations. The latest: Lakshmi Niwas Bangur ceased to be Director on 01 Oct 2024.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Amalgamated Development 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 Amalgamated Development 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 Amalgamated Development 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 Amalgamated Development Ltd
Amalgamated Development has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Amalgamated Development 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 Amalgamated Development Ltd
Amalgamated Development 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.
Amalgamated Development was a public limited company based in Hastings, West Bengal, India. The company worked in agri support services, within the agriculture industry. It was incorporated on 08 April 1948 and is registered under CIN U70109WB1948PLC016546. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Amalgamated Development was incorporated on 08 April 1948. It is registered with the Registrar of Companies, Kolkata.
Amalgamated Development had 4 directors:
- Pradip Kumar Khan - Director
- Bhaskar Banerjee - Director
- Rajiv Kapasi - Director
- Sheetal Bangur - Director
The CIN (Corporate Identification Number) of Amalgamated Development is U70109WB1948PLC016546. 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 Amalgamated Development is at 7 Munshi Premchand Saranihastings Calcutta – 22 W.E.F. – 30072003, West Bengal, India.
Amalgamated Development reported revenue of ₹1.05 Cr for FY 2024 (down 69% YoY).
Amalgamated Development has an authorised share capital of ₹1 Cr and a paid-up capital of ₹35 Lakh.
Amalgamated Development reported a net loss of ₹70.66 Lakh (net margin -67.3%) and EBITDA of ₹45.22 Lakh (EBITDA margin 43%) for FY 2024, as per its filed financial statements.
No. Amalgamated Development has 1 GST registration on record and it is cancelled or inactive.
Amalgamated Development operated in the agriculture industry, in the agri support services segment.