Frolic Merchants Private Limited
About Frolic Merchants Private Limited
Data last updated:
Frolic Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 15 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC159160.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors Saurav Agarwal and Girdhar Gopal Roongta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 127 Netaji Subhas Road 2nd Floor Room No. 5, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.81 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹12,487 (net margin 0.8%) and EBITDA of ₹2.27 Lakh (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 13% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Frolic 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 Address127 Netaji Subhas Road 2nd Floor Room No. 5, Kolkata, West Bengal, India – 700001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Frolic 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 Frolic Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Frolic Merchants Private Limited, buy the company report.
Financials of Frolic Merchants Private Limited
FY 2025 filings availableFrolic Merchants Private Limited reported revenue of ₹14.81 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth 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 | ₹2.27 Lakh | ||||
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| Net Profit (PAT) | ₹12,487 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 15.3% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Frolic Merchants Private Limited, buy the company report.
Board of directors of Frolic Merchants Private Limited
Frolic Merchants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurav Agarwal Also directs: Kalinga Agencies Private Limited., Krishnarpit Business Private Limited, Agradoot Enterprises Pvt.Ltd. and 4 more | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
| Girdhar Gopal Roongta Also directs: Nimbark Properties LLP, Sadbhawna Vyapaar Pvt. Ltd., Lurex Commercial Private Limited and 3 more | Director | 15 Feb 2011 | 15 Years 8 Months | Current |
Peer comparison
Frolic Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Millet Mart Ventures Private Limited | ₹14.82 Lakh (FY 2024) | 186.0% | Chennai, Tamil Nadu, India | |||
| Nandgaonkar Organic Farmer Producer Company Limited | ₹14.81 Lakh (FY 2024) | Tuljapur, Maharashtra, India | ||||
| Aesop Strategies Private Limited | ₹14.81 Lakh (FY 2025) | 429.0% | Rajkot, Gujarat, India | |||
| Airmid Software Solutions Private Limited | ₹14.81 Lakh (FY 2016) | -32.0% | Dharwad, Karnataka, India | |||
| Onebreath India Private Limited | ₹14.81 Lakh (FY 2021) | 83.0% | Bangalore, Karnataka, India | |||
| Frolic Merchants Private Limitedthis company | ₹14.81 Lakh (FY 2025) | ₹12,487 | 0.8% | 7.0% | Kolkata, West Bengal, India | |
| Subham Coal Processors Private Limited | ₹14.81 Lakh (FY 2017) | -17.0% | Varanasi, Uttar Pradesh, India | |||
| Imsvan Pharmaceuticals Private Limited | ₹14.81 Lakh (FY 2024) | 77.0% | Bhavnagar, Gujarat, India | |||
| Prepense Engineering and Advance Services India Private Limited | ₹14.81 Lakh (FY 2025) | 49.0% | Vishnupuri, Uttar Pradesh, India | |||
| Lakshminag Solar Power Private Limited (OPC) | ₹14.8 Lakh (FY 2025) | 45.0% | Hyderabad, Telangana, India | |||
| Softex Polycoats Private Limited | ₹14.8 Lakh (FY 2017) | -43.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Frolic Merchants Private Limited, buy the company report.
Auditor
Frolic Merchants Private Limited is audited by S RAY CHOUDHURY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S RAY CHOUDHURY & ASSOCIATES | FY 2017 | 327244R |
Shareholding
The shareholding of Frolic Merchants 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 Frolic Merchants Private Limited, buy the company report.
Legal cases
Frolic Merchants Private Limited has 1 court case on record: 1 filed by Frolic Merchants. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S. Saraf Glass Pvt. Ltd. | Pending |
To see the full case history of Frolic 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 Frolic 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 Frolic Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frolic Merchants Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Girdhar Gopal Roongta was appointed as Director on 15 Feb 2011.
Frequently asked questions
Frolic Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in other wholesale, within the trading industry. It was incorporated on 15 February 2011 (15+ years old) and is registered under CIN U51909WB2011PTC159160.
Frolic Merchants has 2 current directors:
- Saurav Agarwal - Director
- Girdhar Gopal Roongta - Director
The latest financial statements of Frolic Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Frolic Merchants is U51909WB2011PTC159160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frolic Merchants has 1 court case on record: 1 filed by the company. 1 is pending.
Frolic Merchants was incorporated on 15 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Frolic Merchants by revenue are Millet Mart Ventures Private Limited, Nandgaonkar Organic Farmer Producer Company Limited, Aesop Strategies Private Limited, Airmid Software Solutions Private Limited, Onebreath India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Girdhar Gopal Roongta was appointed as Director on 15 Feb 2011. Saurav Agarwal was appointed as Director on 15 Feb 2011.
The registered office of Frolic Merchants is at 127 Netaji Subhas Road 2nd Floor Room No. 5, Kolkata, West Bengal, India – 700001.
Frolic Merchants operates in the trading industry, in the other wholesale segment.
The compliance status of Frolic Merchants is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.