Devraj Merchants Private Limited
About Devraj Merchants Private Limited
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Devraj Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 05 October 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2009PTC138705.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.5 Lakh. It is led by directors Naba Kundu Kumar and Kausik Kundu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hospital More Memari Purba Bardhaman, Kolkata, West Bengal, India – 713146.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.2 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹1,247 (net margin 0.6%) and EBITDA of ₹1,685 (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹15.98 Cr and satisfied charges of ₹11.44 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Devraj 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 AddressHospital More Memari Purba Bardhaman, Kolkata, West Bengal, India – 713146
- IndustryFinancial Services, Investment & Credit NBFC
To see the full contact details of Devraj 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 Devraj Merchants is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Devraj Merchants Private Limited, buy the company report.
Financials of Devraj Merchants Private Limited
FY 2024 filings availableDevraj Merchants Private Limited reported revenue of ₹2.2 Lakh (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 15% growth in the latest year. EBITDA rose 50% 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 | ₹1,685 | ||||
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| Net Profit (PAT) | ₹1,247 | ||||
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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 | 0.8% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Devraj Merchants Private Limited, buy the company report.
Board of directors of Devraj Merchants Private Limited
Devraj Merchants has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naba Kundu Kumar Also directs: Rukmani Vanijya Private Limited., Bhujagottamah Sales Private Limited, Pioneer Coal Mining Private Limited and 5 more | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
| Kausik Kundu Also directs: Rukmani Vanijya Private Limited., Bhujagottamah Sales Private Limited, Mahamaya Cold Storage Pvt Ltd and 2 more | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
Auditor
Devraj Merchants Private Limited is audited by A SABOO & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A SABOO & ASSOCIATES | FY 2023 | 326750E |
Shareholding
The shareholding of Devraj Merchants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Devraj Merchants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2023 | 100858619 | Indian Bank | ₹15.98 Cr | Open | |
| 16 Dec 2021 | 100522169 | State Bank of India | ₹11.44 Cr | Satisfied |
To see the full charge records of Devraj Merchants Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Devraj 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 Devraj 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 Devraj Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devraj Merchants Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Raj Kumari Ganeriwala ceased to be Director on 15 Oct 2021.
4 earlier events are in the company report.
Frequently asked questions
Devraj Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 05 October 2009 (17+ years old) and is registered under CIN U51909WB2009PTC138705.
Devraj Merchants has 2 current directors:
- Naba Kundu Kumar - Director
- Kausik Kundu - Director
The latest financial statements of Devraj Merchants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Devraj Merchants is U51909WB2009PTC138705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devraj Merchants was incorporated on 05 October 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
Raj Kumari Ganeriwala ceased to be Director on 15 Oct 2021. Shyam Sundar Ganeriwala ceased to be Director on 15 Oct 2021. Kausik Kundu was appointed as Director on 07 Sep 2021. Devraj Merchants has 8 board changes on record in total.
The registered office of Devraj Merchants is at Hospital More Memari Purba Bardhaman, Kolkata, West Bengal, India – 713146.
Devraj Merchants operates in the financial services industry, in the investment and credit nbfc segment.
Devraj Merchants has open charges of ₹15.98 Cr and satisfied charges of ₹11.44 Cr as per latest MCA filings.
The compliance status of Devraj Merchants is compliant as of 23 August 2026. The company is actively filing with the Registrar of Companies.