Function Merchants Private Limited
About Function Merchants Private Limited
Data last updated:
Function 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 retail trading segment of the trading and commerce sector. It was incorporated on 28 July 2011.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC165535.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Pravesh More and Ashish More.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Newtown Square 2nd Floor Rm:2C2, Kolkata, West Bengal, India – 700136.
As per the financials filed for FY 2017, the company reported a revenue of ₹18,500. For the same year it recorded a net loss of ₹415 (net margin -2.2%) and EBITDA of -₹18,915 (EBITDA margin -102.2%).
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- Registered AddressNewtown Square 2nd Floor Rm:2C2, Kolkata, West Bengal, India – 700136
- IndustryTrading, Retail Trading, Retailers
- 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
- One PDF report, delivered after checkout
Auditor Details of Function Merchants Private Limited
Function Merchants Private Limited is audited by C.GHATAK & COMPANY for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C.GHATAK & COMPANY | 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 Function Merchants Private Limited
Function Merchants has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravesh More Also directs: Frazer Foods India Private Limited, Frazer Foods India Private Limited, Gpa Commerce Private Limited and 1 more | Director | 28 Feb 2025 | 1 Years 7 Months | As last reported |
| Ashish More Also directs: Satayvan Commerce Private Limited, Manimaya Barter Limited | Director | 28 Jun 2017 | 9 Years 3 Months | As last reported |
Financials of Function Merchants Private Limited FY 2024 filings available
Function Merchants Private Limited reported revenue of ₹18,500 for FY 2017.
Financial Statement Summary of Function Merchants Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹18,500 | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹18,915 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹415 | •••• | •••• |
| 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 Function Merchants Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -102.2% | •••• | •••• |
| Net Profit Margin | -2.2% | •••• | •••• |
| 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 Function 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.
Ownership and Shareholding of Function Merchants Private Limited
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.
Group Structure of Function Merchants Private Limited
Function Merchants has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
Charges & Borrowings of Function Merchants Private Limited
Function Merchants Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Function Merchants Private Limited
Employment history and EPFO contributions of people linked to Function 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.
GST Compliance of Function Merchants Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Function Merchants Private Limited
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 Function Merchants Private Limited
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 Function Merchants Private Limited
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.
MCA Filings & Documents of Function Merchants Private Limited
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.
Recent Activity on Function Merchants Private Limited
Frequently Asked Questions about Function Merchants Private Limited
Function 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.
Function Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in retail trading, within the trading industry. It was incorporated on 28 July 2011 and is registered under CIN U51909WB2011PTC165535. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Function Merchants was incorporated on 28 July 2011. It is registered with the Registrar of Companies, Kolkata.
Function Merchants had 2 directors:
- Pravesh More - Director
- Ashish More - Director
The CIN (Corporate Identification Number) of Function Merchants is U51909WB2011PTC165535. 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 Function Merchants is at Newtown Square 2nd Floor Rm:2C2, Kolkata, West Bengal, India – 700136.
Function Merchants reported revenue of ₹18,500 for FY 2017.
Function Merchants has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Function Merchants reported a net loss of ₹415 (net margin -2.2%) and EBITDA of -₹18,915 (EBITDA margin -102.2%) for FY 2017, as per its filed financial statements.