Erode Merchants Pvt. Ltd.
About Erode Merchants Pvt. Ltd.
Data last updated:
Erode Merchants Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Sugam Griha Nirmaan Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1995PTC073778.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.96 Cr. It is led by directors including Rekha Saraf and Aastha Agarwal Saraf.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2/5 Sarat Bose Road Sukhsagar Unit No.: 4B, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.71 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.39 Lakh (net margin 48.2%) and EBITDA of ₹20.16 Lakh (EBITDA margin 78.4%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹32 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Erode Merchants Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2/5 Sarat Bose Road Sukhsagar Unit No.: 4B, Kolkata, West Bengal, India – 700020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Erode Merchants Pvt. Ltd., 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
Financials of Erode Merchants Pvt. Ltd.
FY 2025 filings availableErode Merchants Pvt. Ltd. reported revenue of ₹25.71 Lakh (up 190% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 190% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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 | ₹20.16 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹12.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.4% | ||||
| Net Profit Margin | 48.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Erode Merchants Pvt. Ltd., buy the company report.
Board of directors of Erode Merchants Pvt. Ltd.
Erode Merchants has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rekha Saraf | Director | 09 Mar 2020 | 6 Years 8 Months | Current |
| Aastha Agarwal Saraf | Director | 23 Oct 2021 | 5 Years 0 Months | Current |
| Ashok Saraf | Director | 26 Aug 2010 | 16 Years 2 Months | Current |
Peer comparison
Erode Merchants Pvt. Ltd. is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kanakasri Developers Private Limited | ₹25.72 Lakh (FY 2025) | Bangalore, Karnataka, India | ||||
| Erode Merchants Pvt. Ltd.this company | ₹25.71 Lakh (FY 2025) | ₹12.39 Lakh | 48.2% | 190.0% | Kolkata, West Bengal, India | |
| Shree Bhagwati Homes Private Limited | ₹25.71 Lakh (FY 2021) | -86.0% | Howrah, West Bengal, India | |||
| Paithrika Homes and Estates Private Limited | ₹25.7 Lakh (FY 2024) | -65.0% | Thiruvananthapuram, Kerala, India | |||
| City Next Developers Private Limited | ₹25.7 Lakh (FY 2025) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Erode Merchants Pvt. Ltd., buy the company report.
Auditor
Erode Merchants Pvt. Ltd. is audited by KEJRIWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEJRIWAL & CO. | FY 2023 | 319283E |
Shareholding
The shareholding of Erode Merchants Pvt. Ltd. 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 Erode Merchants Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Mar 2025 | 101089538 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 06 Apr 2024 | 100903842 | State Bank of India | ₹30 Cr | Open | |
| 21 May 2022 | 100576572 | State Bank of India | ₹7 Cr | Satisfied | |
| 20 Nov 2021 | 100510512 | State Bank of India | ₹25 Cr | Satisfied |
To see the full charge records of Erode Merchants Pvt. Ltd., buy the company report.
Total charge records: 4 View all charges
Legal cases
Erode Merchants Pvt. Ltd. has 1 court case on record: 1 filed by Erode Merchants. 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 | Writ petition | Filed by the company against The Registrar of Companies West Bengal | Disposed |
To see the full case history of Erode Merchants Pvt. Ltd., 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 Erode Merchants Pvt. Ltd.; 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 Erode Merchants Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Erode Merchants Pvt. Ltd. has 7 board changes on record since 2010: 3 appointments and 4 cessations. The latest: Arvind Kumar Saraf ceased to be Director on 30 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Erode Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 August 1995 (31+ years old) and is registered under CIN U67120WB1995PTC073778.
Erode Merchants has 3 current directors:
- Rekha Saraf - Director
- Aastha Agarwal Saraf - Director
- Ashok Saraf - Director
The latest financial statements of Erode Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Erode Merchants is U67120WB1995PTC073778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Erode Merchants has 1 court case on record: 1 filed by the company.
Erode Merchants was incorporated on 28 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Erode Merchants by revenue are Kanakasri Developers Private Limited, Shree Bhagwati Homes Private Limited, Paithrika Homes and Estates Private Limited, City Next Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Arvind Kumar Saraf ceased to be Director on 30 Nov 2021. Suyash Saraf ceased to be Director on 25 Oct 2021. Aastha Agarwal Saraf was appointed as Director on 23 Oct 2021. Erode Merchants has 7 board changes on record in total.
The registered office of Erode Merchants is at 25 Sarat Bose Road Sukhsagar Unit No.: 4B, Kolkata, West Bengal, India – 700020.
Erode Merchants operates in the real estate and construction industry, in the real estate builders and developers segment.
Erode Merchants has open charges of ₹45 Cr and satisfied charges of ₹32 Cr as per latest MCA filings.
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