Axle Merchants Private Limited
About Axle Merchants Private Limited
Data last updated:
Axle Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2008PTC130314.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nisha More and Swati More.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 23 Man Mohan Banerjee Road, Kolkata, West Bengal, India – 700038.
As per the financials filed for FY 2025, the company reported a revenue of ₹73,500, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2,588 (net margin 3.5%) and EBITDA of ₹3,458 (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 37% over five years.
As per MCA filings, the company has open charges of ₹15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Axle 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 Address23 Man Mohan Banerjee Road, Kolkata, West Bengal, India – 700038
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Axle 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 Axle Merchants is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Axle Merchants Private Limited, buy the company report.
Financials of Axle Merchants Private Limited
FY 2025 filings availableAxle Merchants Private Limited reported revenue of ₹73,500 (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 22% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 121% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3,458 | ||||
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| Net Profit (PAT) | ₹2,588 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Axle Merchants Private Limited, buy the company report.
Board of directors of Axle Merchants Private Limited
Axle Merchants has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisha More Also directs: Mayur Processors Pvt.Ltd., Avens Distributors Private Limited, Stitchfab (India) Private Limited. and 5 more | Director | 06 Nov 2008 | 17 Years 11 Months | Current |
| Swati More Also directs: Milestone Dealers Pvtltd, Shristhi Tie-Up Private Limited, Parichay Vyapaar Pvt Ltd and 5 more | Director | 01 Dec 2023 | 2 Years 11 Months | Current |
Auditor
Axle Merchants Private Limited is audited by B.K Sharma & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K Sharma & Associates | FY 2017 | 323388E |
Shareholding
The shareholding of Axle 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 Axle Merchants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2022 | 100634153 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Axle 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 Axle 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 Axle Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Axle Merchants Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Sanjay Kumar Sonthalia ceased to be Director on 02 Dec 2023.
Frequently asked questions
Axle Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 November 2008 (18+ years old) and is registered under CIN U51909WB2008PTC130314.
Axle Merchants has 2 current directors:
- Nisha More - Director
- Swati More - Director
The latest financial statements of Axle Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Axle Merchants is U51909WB2008PTC130314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Axle Merchants was incorporated on 06 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Sanjay Kumar Sonthalia ceased to be Director on 02 Dec 2023. Swati More was appointed as Director on 01 Dec 2023. Nisha More was appointed as Director on 06 Nov 2008.
The registered office of Axle Merchants is at 23 Man Mohan Banerjee Road, Kolkata, West Bengal, India – 700038.
Axle Merchants operates in the home and lifestyle industry, in the textile retail and distribution segment.
Axle Merchants has open charges of ₹15 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Axle Merchants is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.
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