Ambition Merchants Private Limited

Ambition Merchants Private Limited - financial services in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U51909WB2008PTC124144 Incorporated 14 March 2008 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company financial services
Revenue · FY 2018
₹2.68 Cr
▼ 42% YoY
Net profit · FY 2018
₹1.17 Cr
Net margin 43.6%
EBITDA · FY 2018
₹1.71 Cr
EBITDA margin 63.7%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.09 Cr
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
Last financials
Mar 2018
Balance sheet date

About Ambition Merchants Private Limited

Data last updated:

Ambition 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 financial services and investment segment of the financial services sector. It was incorporated on 14 March 2008.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2008PTC124144.

The company had an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.09 Cr. It was led by directors Pradeep Kumar Poddar and Ankit Poddar.

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 2A Ganesh Chandra Avenue Commerce House 9th Floor Room No 5, Kolkata, West Bengal, India – 700013.

As per the financials filed for FY 2018, the company reported a revenue of ₹2.68 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 43.6%) and EBITDA of ₹1.71 Cr (EBITDA margin 63.7%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years.

Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Company details

CIN U51909WB2008PTC124144
Registration Number 124144
Incorporation Date 14 March 2008
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Compliance Status Active Compliant

Contact details

Ambition 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 Address
    2A Ganesh Chandra Avenue Commerce House 9th Floor Room No 5, Kolkata, West Bengal, India – 700013
  • Industry
    Financial Services, Financial Activities

To see the full contact details of Ambition Merchants Private Limited, buy the company report.

Comprehensive company report
Ambition Merchants Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Ambition Merchants Private Limited

FY 2018 filings available

Ambition Merchants Private Limited reported revenue of ₹2.68 Cr (down 42% YoY) for FY 2018.

Revenue · FY 2018
₹2.68 Cr ▼ 42%
Net profit · FY 2018
₹1.17 Cr margin 43.6%
EBITDA · FY 2018
₹1.71 Cr margin 63.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 42%
3 years · compounded
▲ 49%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▲ 44%

Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 49%. EBITDA fell 17% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
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₹1.71 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.17 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin63.7%
Net Profit Margin43.6%
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 Ambition Merchants Private Limited, buy the company report.

Board of directors of Ambition Merchants Private Limited

Ambition Merchants has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pradeep Kumar PoddarDirector02 Apr 200818 Years 7 MonthsAs last reported
Ankit PoddarDirector06 Mar 20179 Years 8 MonthsAs last reported

Auditor

Ambition Merchants Private Limited is audited by M. TULSYAN & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
M. TULSYAN & ASSOCIATESFY 2017325659E

Shareholding

The shareholding of Ambition 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ambition Merchants Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ambition Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ambition Merchants has 7 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

7
Associated companies

GST

No GST registration is on our record for Ambition Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ambition Merchants Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Ankit Poddar was appointed as Director on 06 Mar 2017.

AGM
Ambition Merchants Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Ambition Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kolkata.
Appointed
Ankit Poddar was appointed as Director.
Ceased
Chandy Banerjee ceased to be Director.
Ceased
Ankit Poddar ceased to be Director.
Ceased
Gaurav Gupta ceased to be Director.
Ceased
Amal Mondal ceased to be Director.
Ceased
Kaushtubhmani Choudhary ceased to be Director.
Appointed
Pradeep Kumar Poddar was appointed as Director.
Ceased
Vinay Kishore Prasad ceased to be Director.
Incorporation
14 Mar 2008
Ambition Merchants Private Limited was registered on 14 Mar 2008 with Roc Kolkata & aged 18 years 8 months as per MCA records.

Frequently asked questions

Ambition 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.

Ambition Merchants 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 14 March 2008 and is registered under CIN U51909WB2008PTC124144. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Ambition Merchants was incorporated on 14 March 2008. It is registered with the Registrar of Companies, Kolkata.

Ambition Merchants had 2 directors:

The CIN (Corporate Identification Number) of Ambition Merchants is U51909WB2008PTC124144. 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 Ambition Merchants is at 2A Ganesh Chandra Avenue Commerce House 9th Floor Room No 5, Kolkata, West Bengal, India – 700013.

The latest financial statements of Ambition 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.

Ambition Merchants operated in the financial services industry, in the financial activities segment.

Ambition Merchants has 1 court case on record: 1 filed by the company. 1 is pending.

Ankit Poddar was appointed as Director on 06 Mar 2017. Chandy Banerjee ceased to be Director on 06 Mar 2017. Ankit Poddar ceased to be Director on 14 Dec 2016. Ambition Merchants has 8 board changes on record in total.