Dropsy Merchants Private Limited
About Dropsy Merchants Private Limited
Data last updated:
Dropsy Merchants Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 30 March 2012.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52100WB2012PTC179030.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors Sundeep Kedia and Sujay Bhowal.
Its last annual general meeting (AGM) was held on 28 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Flat 101 1st Floor 18 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700033.
As per the financials filed for FY 2022, the company reported a revenue of ₹63,500, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹26,605 (net margin 41.9%) and EBITDA of ₹35,955 (EBITDA margin 56.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
Company details
Contact details
Dropsy 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 AddressFlat 101 1st Floor 18 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700033
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Dropsy 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 Dropsy Merchants is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Dropsy Merchants Private Limited, buy the company report.
Financials of Dropsy Merchants Private Limited
FY 2022 filings availableDropsy Merchants Private Limited reported revenue of ₹63,500 (up 15% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 15% growth in the latest year. EBITDA rose 24% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹63,500 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | ₹35,955 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26,605 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.6% | ||||
| Net Profit Margin | 41.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Dropsy Merchants Private Limited, buy the company report.
Board of directors of Dropsy Merchants Private Limited
Dropsy Merchants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundeep Kedia Also directs: Divinnity Developers LLP, Soumil Traders & Investment Ltd, Snowtemp Commercial Pvt Ltd and 5 more | Director | 01 Sep 2016 | 10 Years 1 Months | As last reported |
| Sujay Bhowal Also directs: Divinnity Developers LLP, Soumil Traders & Investment Ltd, Snowtemp Commercial Pvt Ltd and 5 more | Director | 01 Sep 2016 | 10 Years 1 Months | As last reported |
Auditor
Dropsy Merchants Private Limited is audited by CHOUDHARY D K & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOUDHARY D K & CO | FY 2021 | 323180E |
Shareholding
The shareholding of Dropsy Merchants Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dropsy Merchants Private Limited, buy the company report.
Legal cases
Dropsy Merchants Private Limited has 2 court cases on record: 2 filed by Dropsy Merchants. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Dropsy Merchants 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 Dropsy Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dropsy Merchants has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Dropsy Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dropsy Merchants Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Harshit Goyel ceased to be Director on 15 Sep 2016.
Frequently asked questions
Dropsy Merchants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Dropsy Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 30 March 2012 and is registered under CIN U52100WB2012PTC179030. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Dropsy Merchants was incorporated on 30 March 2012. It is registered with the Registrar of Companies, Kolkata.
Dropsy Merchants had 2 directors:
- Sundeep Kedia - Director
- Sujay Bhowal - Director
The CIN (Corporate Identification Number) of Dropsy Merchants is U52100WB2012PTC179030. 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 Dropsy Merchants is at Flat 101 1st Floor 18 Prince Anwar Shah Road, Kolkata, West Bengal, India – 700033.
The latest financial statements of Dropsy Merchants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 28 September 2022. Year-wise statements from 2015 are in the company report.
Dropsy Merchants operated in the travel and hospitality industry, in the consumer professional services segment.
Dropsy Merchants has 2 court cases on record: 2 filed by the company.
Harshit Goyel ceased to be Director on 15 Sep 2016. Ramu Saha ceased to be Director on 15 Sep 2016. Sujay Bhowal was appointed as Director on 01 Sep 2016. Dropsy Merchants has 5 board changes on record in total.