About Finex Merchants Pvt Ltd
Data last updated:
Finex Merchants Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 18 July 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC080523. Its GSTIN is 19AAACF6785E1ZE (West Bengal).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.92 Cr. It is led by directors Gurpreet Kaur and Charanjit Singh Saini.
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 22 Bankim Mukherjee Sarani 199 New Alipore Block – J, Kolkata, West Bengal, India – 700053.
As per the financials filed for FY 2025, the company reported a revenue of ₹286.66 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.55 Cr (net margin 1.6%) and EBITDA of ₹18.25 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 8% over five years.
The company has about 749 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹158.53 Cr and satisfied charges of ₹142.91 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sainigroups.in.
Company details
CIN history
Finex Merchants has one previous CIN (Corporate Identification Number): U80523WB1996PTC080523. The current CIN is U51909WB1996PTC080523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1996PTC080523 | Current |
| U80523WB1996PTC080523 | Previous |
Contact details
Finex Merchants Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is sainigroups.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22 Bankim Mukherjee Sarani 199 New Alipore Block – J, Kolkata, West Bengal, India – 700053
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Finex 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
Business activity
The main business activities of Finex Merchants are trade and support service to organizations. In detail, this covers retail trading and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Finex Merchants Pvt Ltd, buy the company report.
Financials of Finex Merchants Pvt Ltd
FY 2025 filings availableFinex Merchants Pvt Ltd reported revenue of ₹286.66 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 10% growth in the latest year. EBITDA rose 3% 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 | ₹18.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.55 Cr | ||||
| 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 | 6.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Finex Merchants Pvt Ltd, buy the company report.
Board of directors of Finex Merchants Pvt Ltd
Finex Merchants has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurpreet Kaur Also directs: Saini's Hotels & Developers Private Limited, Cascade Commerce Pvt Ltd, Saini Commerce Private Limited and 1 more | Director | 08 Mar 2018 | 8 Years 7 Months | Current |
| Charanjit Singh Saini Also directs: Saini's Hotels & Developers Private Limited, Cascade Commerce Pvt Ltd, Saini Commerce Private Limited and 1 more | Director | 11 Feb 2002 | 24 Years 8 Months | Current |
Peer comparison
Finex Merchants Pvt Ltd is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jai Kumar Arun Kumar Private Limited | ₹289.03 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Jayaraj Trucks & Buses Private Limited | ₹288.96 Cr (FY 2025) | -25.0% | Madurai, Tamil Nadu, India | |||
| Nirmal Cars Private Limited | ₹288.57 Cr (FY 2018) | -18.0% | Jaipur, Rajasthan, India | |||
| C M Autosales Private Limited | ₹288.51 Cr (FY 2024) | 20.0% | Mohali, Punjab, India | |||
| Bhopal Motors Private Limited | ₹287 Cr (FY 2025) | 2.0% | Indore, Madhya Pradesh, India | |||
| Finex Merchants Pvt Ltdthis company | ₹286.66 Cr (FY 2025) | ₹4.55 Cr | 1.6% | 10.0% | 749 | Kolkata, West Bengal, India |
| Jai Ganesh Mobility Private Limited | ₹285.04 Cr (FY 2025) | 23.0% | Rajkot, Gujarat, India | |||
| C.I.Finlease Private Limited | ₹283.27 Cr (FY 2025) | 5.0% | Madhya Pradesh, India |
To see the full peer comparison of Finex Merchants Pvt Ltd, buy the company report.
Auditor
Finex Merchants Pvt Ltd is audited by S.Jaykishan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.Jaykishan | FY 2023 | 309005E |
Shareholding
The shareholding of Finex 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 Finex Merchants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2026 | 101224139 | State Bank of India | ₹23.5 Cr | Open | |
| 16 Oct 2025 | 101169105 | Others | ₹3.9 Cr | Open | |
| 05 Sep 2025 | 101184886 | Others | ₹60.11 Lakh | Open | |
| 14 Jan 2025 | 101046067 | Others | ₹10 Cr | Open | |
| 29 Nov 2024 | 101007155 | Others | ₹3.06 Cr | Open |
To see the full charge records of Finex Merchants Pvt Ltd, buy the company report.
Total charge records: 52 View all charges
Legal cases
Finex Merchants Pvt Ltd has 8 court cases on record: 3 filed by Finex Merchants, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (3 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal and Ors. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by State of West Bengal | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Finex 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 Finex Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Finex Merchants Pvt Ltd has a workforce of 749 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Finex Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACF6785E1ZE | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Finex Merchants Pvt Ltd, buy the company report.
Recent activity
Finex Merchants Pvt Ltd has 6 board changes on record since 2002: 2 appointments and 4 cessations. The latest: Gurpreet Kaur ceased to be Additional Director on 29 Sep 2018.
84 earlier events are in the company report.
Frequently asked questions
Finex Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 18 July 1996 (30+ years old) and is registered under CIN U51909WB1996PTC080523.
Finex Merchants has 2 current directors:
- Gurpreet Kaur - Director
- Charanjit Singh Saini - Director
The latest financial statements of Finex 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 GSTIN of Finex Merchants is 19AAACF6785E1ZE, registered in West Bengal.
The CIN (Corporate Identification Number) of Finex Merchants is U51909WB1996PTC080523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Finex Merchants has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the district courts.
Finex Merchants was incorporated on 18 July 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Finex Merchants by revenue are Jai Kumar Arun Kumar Private Limited, Jayaraj Trucks & Buses Private Limited, Nirmal Cars Private Limited, C M Autosales Private Limited, Bhopal Motors Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Gurpreet Kaur ceased to be Additional Director on 29 Sep 2018. Gurpreet Kaur was appointed as Director on 08 Mar 2018. Amarjit Kaur ceased to be Additional Director on 01 Mar 2018. Finex Merchants has 6 board changes on record in total.
Finex Merchants can be reached through the website sainigroups.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Finex Merchants is at 22 Bankim Mukherjee Sarani 199 New Alipore Block – J, Kolkata, West Bengal, India – 700053.
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