Coral Merchandise Private Limited
About Coral Merchandise Private Limited
Data last updated:
Coral Merchandise Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 15 March 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52100WB2010PTC143669.
The company had an authorised share capital of ₹9 Lakh and a paid-up capital of ₹8.3 Lakh. It was led by directors Ashish Kumar Jain and Chandresh Kumar Jain.
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 41 Shibtolla Street, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2018, the company reported a revenue of ₹56.82 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹20,216 (net margin 0.4%) and EBITDA of ₹27,716 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Coral Merchandise 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 Address41 Shibtolla Street, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, Financial Activities
To see the full contact details of Coral Merchandise 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 Coral Merchandise is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Coral Merchandise Private Limited, buy the company report.
Financials of Coral Merchandise Private Limited
FY 2018 filings availableCoral Merchandise Private Limited reported revenue of ₹56.82 Lakh (down 14% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years, including a 14% fall in the latest year. EBITDA fell 32% 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 |
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| Other Income | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹27,716 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹20,216 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.5% | |||
| Net Profit Margin | 0.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Coral Merchandise Private Limited, buy the company report.
Board of directors of Coral Merchandise Private Limited
Coral Merchandise has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar Jain Also directs: Mainak Vanijya Private Limited, Glamour Vanijya Private Limited, Hooghly Vinimay Pvt Ltd and 3 more | Director | 11 Jan 2018 | 8 Years 10 Months | As last reported |
| Chandresh Kumar Jain | Director | 15 Jun 2012 | 14 Years 4 Months | As last reported |
Peer comparison
Coral Merchandise Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Valumoorthy Velayutham Chits Private Limited | ₹56.9 Lakh (FY 2024) | -3.0% | Tuticorin, Tamil Nadu, India | |||
| SNK Investments Private Limited | ₹56.88 Lakh (FY 2022) | 67.0% | Mumbai, Maharashtra, India | |||
| Gitabali Merchants Pvt Ltd | ₹56.87 Lakh (FY 2023) | 20.0% | Kolkata, West Bengal, India | |||
| Maradona Holdings Pvt.Ltd. | ₹56.85 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Dhruv Devansh Investment and Finance Private Limited | ₹56.82 Lakh (FY 2017) | 500.0% | Delhi, India | |||
| Coral Merchandise Private Limitedthis company | ₹56.82 Lakh (FY 2018) | ₹20,216 | 0.4% | -14.0% | Kolkata, West Bengal, India | |
| Shree Krishna Finbiz Private Limited | ₹56.81 Lakh (FY 2018) | -14.0% | New Delhi, Delhi, India | |||
| Raipur Resources Pvt. Ltd. | ₹56.78 Lakh (FY 2024) | -14.0% | Kolkata, West Bengal, India | |||
| Chiplun Foreign Exchange Private Limited | ₹56.78 Lakh (FY 2024) | 5373.0% | Chiplun, Maharashtra, India | |||
| Ashiba Finance Private Limited | ₹56.78 Lakh (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Alv Microcare Foundation | ₹56.78 Lakh (FY 2024) | 193.0% | New Delhi, Delhi, India |
To see the full peer comparison of Coral Merchandise Private Limited, buy the company report.
Auditor
Coral Merchandise Private Limited is audited by CHINMOYGHATAK for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINMOYGHATAK | FY 2017 | 003591 |
Shareholding
The shareholding of Coral Merchandise 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 Coral Merchandise Private Limited, buy the company report.
Legal cases
Coral Merchandise Private Limited has 1 court case on record: 1 filed by Coral Merchandise. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Coral Merchandise 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 Coral Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Coral Merchandise has 1 associated company. 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 Coral Merchandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Coral Merchandise Private Limited has 7 board changes on record since 2012: 2 appointments and 5 cessations. The latest: Ashish Kumar Jain ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Coral Merchandise has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Coral Merchandise 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 15 March 2010 and is registered under CIN U52100WB2010PTC143669. The company has been struck off by the Registrar of Companies and is no longer operational.
Coral Merchandise had 2 directors:
- Ashish Kumar Jain - Director
- Chandresh Kumar Jain - Director
The CIN (Corporate Identification Number) of Coral Merchandise is U52100WB2010PTC143669. 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 Coral Merchandise is at 41 Shibtolla Street, Kolkata, West Bengal, India – 700007.
Coral Merchandise was incorporated on 15 March 2010. It is registered with the Registrar of Companies, Kolkata.
The latest financial statements of Coral Merchandise 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.
Coral Merchandise operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Coral Merchandise by revenue are Valumoorthy Velayutham Chits Private Limited, SNK Investments Private Limited, Gitabali Merchants Pvt Ltd, Maradona Holdings Pvt.Ltd, Dhruv Devansh Investment and Finance Private Limited and 5 more, all in the same principal business activity (other financial activities).
Coral Merchandise has 1 court case on record: 1 filed by the company.
Ashish Kumar Jain ceased to be Additional Director on 29 Sep 2018. Arihant Jain ceased to be Director on 11 Jan 2018. Ashish Kumar Jain was appointed as Director on 11 Jan 2018. Coral Merchandise has 7 board changes on record in total.
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