Herald Commerce

Kolkata, India Founded: 1982 • Age: 44 yrs
Specializes in providing commercial loan services to businesses.

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 β‚Ή16 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.

Key Metrics
  • 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

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.

DirectorDesignationAppointedTenureEntity
Krishna Banerjee
DIN 06997186
Director25 Mar 201511 yrs 7 moHerald Commerce Ltd
Shyam Sunder Chatterjee
DIN 00200263
CFO18 Apr 20197 yrs 6 moHerald Commerce Ltd
Rohit Sahu
DIN 08426713
Director19 Aug 20197 yrs 2 moHerald Commerce Ltd
Prabhat Jain
DIN 00200043
Managing Director14 Aug 20233 yrs 2 moHerald Commerce Ltd
Akshya Kumar Parida
DIN 01651737
Director16 Aug 20242 yrs 2 moHerald Commerce Ltd
Madhu Barnwal
DIN 07150790
Director13 Aug 20251 yr 2 moHerald 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.

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
manappuram.com1992Valapad, India$39.98M32,076
Consumer and SME loans are provided by Manappuram Finance.
ltfs.com1994Mumbai, India39,216
Diversified lending services are provided as a non-banking financial institution.
iifl.com1995Mumbai, India16,076
Online gold, home, personal, and business loans are provided.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Consumer and SME loans are provided by Manappuram Finance.
1992Valapad, Kerala, IndiaUSD 39.98 MUSD 1.01 B51,650
Affordable home loans are extended to low and middle-income groups.
2010Mumbai, Maharashtra, IndiaUSD 209.7 MUSD 204.93 M1,634
Diversified lending services are provided as a non-banking financial institution.
1994Mumbai, Maharashtra, IndiaUSD 1.9 B167
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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 β‚Ή16 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.

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