
Frontline Merchants Pvt Ltd
About Frontline Merchants Pvt Ltd
Data last updated:
Frontline Merchants Pvt Ltd is a private limited company based in Raipur, Chhattisgarh, India. It operates in the hire purchase segment of the financial services sector. It was incorporated on 27 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U65921CT1994PTC008508.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.95 Lakh. It is led by directors Ashutosh Mishra and Asha Joseph.
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 S – 3 & 4 Mahavir Gaushala Complex Moudhapara, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹17,600, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹1,710 (net margin -9.7%) and EBITDA of -₹1,710 (EBITDA margin -9.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 16% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressS – 3 & 4 Mahavir Gaushala Complex Moudhapara, Raipur, Chhattisgarh, India – 492001
- IndustryFinancial Services, Hire Purchase, Credit Allocation Agencies, Other Financial Intermediation
- 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
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Business Activity of Frontline Merchants Pvt Ltd
The main business activity of Frontline Merchants is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Frontline Merchants Pvt Ltd FY 2025 filings available
Frontline Merchants Pvt Ltd reported revenue of ₹17,600 (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Frontline Merchants Pvt Ltd
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 27% 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 of Frontline Merchants Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1,710 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1,710 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Frontline Merchants Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Frontline Merchants are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Frontline Merchants Pvt Ltd
Frontline Merchants Pvt Ltd is compared with the companies closest to it by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SNG Risk Management & Insurance Brokers Private Limited | ₹17,800 (FY 2015) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Invesar Securities Private Limited | ₹17,715 (FY 2024) | •••• | •••• | -68.0% | •••• | Varanasi, Uttar Pradesh, India |
| Awh Consultants Private Limited | ₹17,707 (FY 2025) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Megastock Investment Services Private Limited | ₹17,683 (FY 2025) | •••• | •••• | -91.0% | •••• | Delhi, India |
| Kumar Stock Ventures Private Limited | ₹17,672 (FY 2025) | •••• | •••• | -68.0% | •••• | Uttar Pradesh, India |
| Frontline Merchants Pvt Ltd this company | ₹17,600 (FY 2025) | •••• | •••• | 5.0% | •••• | Raipur, Chhattisgarh, India |
| Michpra Stock Ventures Private Limited | ₹17,600 (FY 2024) | •••• | •••• | 28.0% | •••• | Raipur, Chhattisgarh, India |
| Tavishi Tradecom Private Limited | ₹17,500 (FY 2018) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Vishaka Financial Consulting Private Limited | ₹17,500 (FY 2024) | •••• | •••• | 13.0% | •••• | Agra, Uttar Pradesh, India |
| Goldsmith Exim Private Limited | ₹17,400 (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Satyabhama Commodities Private Limited | ₹17,278 (FY 2024) | •••• | •••• | 225.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Frontline Merchants by revenue in the same principal business activity (Financial Advisory, brokerage and Consultancy Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Frontline Merchants Pvt Ltd
Frontline Merchants Pvt Ltd is audited by SANJIB JAIN AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SANJIB JAIN AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frontline Merchants Pvt Ltd
Frontline 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 |
|---|---|---|---|---|
| Ashutosh Mishra Also directs: Cue Technologies Private Limited | Director | 27 Jul 1994 | 32 Years 2 Months | Current |
| Asha Joseph | Director | 17 Mar 2016 | 10 Years 6 Months | Current |
Ownership and Shareholding of Frontline Merchants Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Frontline Merchants Pvt Ltd
Frontline Merchants Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Frontline Merchants Pvt Ltd
Employment history and EPFO contributions of people linked to Frontline Merchants.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Frontline Merchants Pvt Ltd
Frontline Merchants has one previous CIN (Corporate Identification Number): U65921MP1994PTC008508. The current CIN is U65921CT1994PTC008508, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65921CT1994PTC008508 | Current |
| U65921MP1994PTC008508 | Previous |
Recent Activity on Frontline Merchants Pvt Ltd
Frontline Merchants Pvt Ltd has 5 board changes on record since 1994: 2 appointments and 3 cessations. The latest: Asha Joseph ceased to be Additional Director on 22 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Frontline Merchants Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frontline Merchants Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frontline Merchants Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Frontline Merchants Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frontline Merchants Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frontline Merchants Pvt Ltd
Frontline Merchants is an active private limited company based in Raipur, Chhattisgarh, India. The company works in hire purchase, within the financial services industry. It was incorporated on 27 July 1994 (32+ years old) and is registered under CIN U65921CT1994PTC008508.
Frontline Merchants reported revenue of ₹17,600 for FY 2025 (up 5% YoY).
Frontline Merchants has 2 current directors:
- Ashutosh Mishra - Director
- Asha Joseph - Director
Frontline Merchants reported a net loss of ₹1,710 (net margin -9.7%) and EBITDA of -₹1,710 (EBITDA margin -9.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frontline Merchants is -1% over three years and -16% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Frontline Merchants is U65921CT1994PTC008508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontline Merchants was incorporated on 27 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Frontline Merchants by revenue are SNG Risk Management & Insurance Brokers Private Limited, Invesar Securities Private Limited, Awh Consultants Private Limited, Megastock Investment Services Private Limited, Kumar Stock Ventures Private Limited and 5 more, all in the same principal business activity (Financial Advisory, brokerage and Consultancy Services).
Asha Joseph ceased to be Additional Director on 22 Sep 2016. Asha Joseph was appointed as Director on 17 Mar 2016. Ganti Nageshwar Rao ceased to be Director on 11 Jun 2012. Frontline Merchants has 5 board changes on record in total.
The registered office of Frontline Merchants is at S – 3 & 4 Mahavir Gaushala Complex Moudhapara, Raipur, Chhattisgarh, India – 492001.
Frontline Merchants has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹8.95 Lakh.