
Ambition Merchants Private Limited
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
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 Address2A Ganesh Chandra Avenue Commerce House 9th Floor Room No 5, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Financial Activities
To see the full contact details of Ambition 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 Ambition Merchants Private Limited
FY 2018 filings availableAmbition Merchants Private Limited reported revenue of ₹2.68 Cr (down 42% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
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| 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 | ||||
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| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
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| Trade Receivables | ||||
| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 63.7% | |||
| Net Profit Margin | 43.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Kumar Poddar | Director | 02 Apr 2008 | 18 Years 7 Months | As last reported |
| Ankit Poddar | Director | 06 Mar 2017 | 9 Years 8 Months | As last reported |
Auditor
Ambition Merchants Private Limited is audited by M. TULSYAN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. TULSYAN & ASSOCIATES | FY 2017 | 325659E |
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 category | FY 2017 | FY 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.
Legal cases
Ambition Merchants Private Limited has 1 court case on record: 1 filed by Ambition Merchants. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CNS) | Filed by the company against an individual | Pending |
To see the full case history of Ambition 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 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.
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.
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:
- Pradeep Kumar Poddar - Director
- Ankit Poddar - Director
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.

