Ancient Merchants Private Limited
About Ancient Merchants Private Limited
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Ancient 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 diversified financial services segment of the financial services sector. It was incorporated on 14 May 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2008PTC125672.
The company had an authorised share capital of ₹27 Lakh and a paid-up capital of ₹26.06 Lakh. It was led by directors including Hemant Agarwal and Ashok Kumar Dhanuka.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 417 Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.16 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹8.2 Lakh (net margin 73.5%) and EBITDA of ₹11.02 Lakh (EBITDA margin 98.8%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 22% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Ancient 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 Address417 Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Ancient 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 Ancient Merchants Private Limited
FY 2023 filings availableAncient Merchants Private Limited reported revenue of ₹11.16 Lakh (down 94% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 94% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹11.02 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.8% | ||||
| Net Profit Margin | 73.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Ancient Merchants Private Limited, buy the company report.
Board of directors of Ancient Merchants Private Limited
Ancient Merchants has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Agarwal Also directs: Divike Med LLP, Divike Foundation | Director | 27 Dec 2017 | 8 Years 10 Months | As last reported |
| Ashok Kumar Dhanuka | Director | 26 May 2023 | 3 Years 5 Months | As last reported |
| Himanshu Dhanuka | Director | 25 Jul 2020 | 6 Years 3 Months | As last reported |
Peer comparison
Ancient Merchants Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rupali Financial Consultants Private Limited | ₹11.17 Lakh (FY 2023) | 194.0% | Kolkata, West Bengal, India | |||
| Twenty Four Carat Investments Private Limited | ₹11.17 Lakh (FY 2024) | 38.0% | New Delhi, Delhi, India | |||
| Lakshya Debt Recovery Private Limited | ₹11.16 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| Om Saikrishna Chitfunds Private Limited | ₹11.16 Lakh (FY 2024) | -45.0% | Vijayawada, Andhra Pradesh, India | |||
| Insys Holdings Private Limited | ₹11.16 Lakh (FY 2025) | -63.0% | Mumbai, Maharashtra, India | |||
| Ancient Merchants Private Limitedthis company | ₹11.16 Lakh (FY 2023) | ₹8.2 Lakh | 73.5% | -94.0% | Kolkata, West Bengal, India | |
| Katariya Marketing and Financial Services Private Limited | ₹11.15 Lakh (FY 2024) | -2.0% | Ahmednagar, Maharashtra, India | |||
| Vivek Barter Pvt.Ltd. | ₹11.15 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Soham Fincons Private Limited | ₹11.13 Lakh (FY 2024) | 1.0% | Surat, Gujarat, India | |||
| Sutirth Sales Private Limited | ₹11.12 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Arion Dealcom Private Limited | ₹11.12 Lakh (FY 2025) | -36.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ancient Merchants Private Limited, buy the company report.
Auditor
Ancient Merchants Private Limited is audited by B P AGARWAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B P AGARWAL & ASSOCIATES | FY 2019 | 316155E |
Shareholding
The shareholding of Ancient Merchants Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ancient Merchants Private Limited, buy the company report.
Legal cases
Ancient Merchants Private Limited has 2 court cases on record: 2 filed by Ancient Merchants. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ancient 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 Ancient 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 Ancient Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ancient Merchants Private Limited has 10 board changes on record since 2008: 3 appointments and 7 cessations. The latest: Ashok Kumar Dhanuka was appointed as Director on 26 May 2023.
1 earlier event is in the company report.
Frequently asked questions
Ancient 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.
Ancient Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 14 May 2008 and is registered under CIN U51109WB2008PTC125672. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ancient Merchants was incorporated on 14 May 2008. It is registered with the Registrar of Companies, Kolkata.
Ancient Merchants had 3 directors:
- Hemant Agarwal - Director
- Ashok Kumar Dhanuka - Director
- Himanshu Dhanuka - Director
The CIN (Corporate Identification Number) of Ancient Merchants is U51109WB2008PTC125672. 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 Ancient Merchants is at 417 Kamalalaya Centre 156A Lenin Sarani, Kolkata, West Bengal, India – 700013.
The latest financial statements of Ancient Merchants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
Ancient Merchants operated in the financial services industry, in the diversified financial services segment.
The peers of Ancient Merchants by revenue are Rupali Financial Consultants Private Limited, Twenty Four Carat Investments Private Limited, Lakshya Debt Recovery Private Limited, Om Saikrishna Chitfunds Private Limited, Insys Holdings Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Ancient Merchants has 2 court cases on record: 2 filed by the company.
Ashok Kumar Dhanuka was appointed as Director on 26 May 2023. Himanshu Dhanuka was appointed as Director on 25 Jul 2020. Vinay Agarwal ceased to be Director on 25 Jul 2020. Ancient Merchants has 10 board changes on record in total.
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