
About Herald Commerce
Herald Commerce is a Financial Services company based in Kolkata (India) founded in 1982. It specializes in providing commercial loan services to businesses. It operates on a B2B model. Its Indian entity Herald Commerce Ltd reported revenue of βΉ16 Lakh. Its focus areas include Banking, Lending and Commercial Loans. Similar companies include Manappuram Finance, L & T Finance Holdings and IIFL Finance; 1 of its 3 listed similar companies has raised funding.
Company details
Herald Commerce operates with a B2B model, focusing on offering financial products and advice, banking, facilitating loans and financing, and commercial loans. Specializes in providing commercial loan services to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Kolkata, India
- SectorsFinancial Services
- Website heraldcommerce.com
- Legal Name Herald Commerce Ltd
- Date of Incorporation 16 Oct, 1982
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹16 Lakh
FY 2025 · -51% YoY
- Net Loss-₹66.5 Lakh
FY 2025 · -415% margin
- EBITDA-₹66.5 Lakh
FY 2025 · -415% margin
Associated legal entities of Herald Commerce
Herald Commerce operates through Herald Commerce Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Herald Commerce Ltd Listed CIN L51909WB1982PLC035364 | Active | 16 Oct 1982 | Kolkata, West Bengal | ₹0.2 Cr | 8 | View details |
Board of directors of Herald Commerce Ltd (Herald Commerce)
Herald Commerce Ltd is the primary company behind Herald Commerce. The board of Herald Commerce Ltd currently have 6 directors; the longest-serving is Krishna Banerjee, appointed in 2015. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Krishna Banerjee DIN 06997186 | Director | 25 Mar 2015 | 11 yrs 7 mo | Herald Commerce Ltd |
| Shyam Sunder Chatterjee DIN 00200263 | CFO | 18 Apr 2019 | 7 yrs 6 mo | Herald Commerce Ltd |
| Rohit Sahu DIN 08426713 | Director | 19 Aug 2019 | 7 yrs 2 mo | Herald Commerce Ltd |
| Prabhat Jain DIN 00200043 | Managing Director | 14 Aug 2023 | 3 yrs 2 mo | Herald Commerce Ltd |
| Akshya Kumar Parida DIN 01651737 | Director | 16 Aug 2024 | 2 yrs 2 mo | Herald Commerce Ltd |
| Madhu Barnwal DIN 07150790 | Director | 13 Aug 2025 | 1 yr 2 mo | Herald Commerce Ltd |
Financials of Herald Commerce
Figures of Herald Commerce Ltd, the primary company behind Herald Commerce, for FY 2025. Revenue was ₹16 Lakh (-51% year on year). Net loss was -₹66.5 Lakh (-415% margin). EBITDA was -₹66.5 Lakh (-415% margin). Revenue has grown at a compounded annual rate of -17% over three years and -8% over five years.
- ₹16 LakhRevenue · FY 2025 · -51% YoY
- -₹66.5 LakhNet loss · -415% margin
- -₹66.5 LakhEBITDA · -415% margin
- ₹20.90 CrPaid-up capital
- -17%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Herald Commerce Ltd are on its company page.
Detailed financial statements for Herald Commerce
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Similar companies to Herald Commerce
Herald Commerce has 3 listed similar companies in our database, 1 of them funded. They include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | 39,216 | Diversified lending services are provided as a non-banking financial institution. | ||
| iifl.com | 1995 | Mumbai, India | 16,076 | Online gold, home, personal, and business loans are provided. |
Detailed similar companies of Herald Commerce
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Top companies in Consumer and SME Loans
3 companies that operate in the same segment as Herald Commerce (Consumer and SME Loans) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 204.93 M | 1,634 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | USD 1.9 B | 167 |
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Frequently Asked Questions about Herald Commerce
Herald Commerce was founded in 1982.
Herald Commerce is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind Herald Commerce, Herald Commerce Ltd, reported revenue of βΉ16 Lakh for FY 2025, down 51% year on year.
Herald Commerce operates with a B2B model, focusing on offering financial products and advice, banking, facilitating loans and financing, and commercial loans. Specializes in providing commercial loan services to businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Herald Commerce's top competitors include Manappuram Finance, L & T Finance Holdings and IIFL Finance.
Herald Commerce operates through Herald Commerce Ltd.
The legal entities of Herald Commerce currently have 7 directors, including Prabhat Jain, Shyam Sunder Chatterjee, Madhu Barnwal and others.