About Herald Commerce Ltd
Data last updated: 24 February 2026
Herald Commerce Ltd is a public limited company based in Kolkata, West Bengal, India. It specialises in financial services and investment, a part of the broader financial services sector. Incorporated on 16 October 1982, the company has been in operation for over 44 years.
Registered with ROC Kolkata under CIN U51909WB1982PLC035364. Listed.
Capital: an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.9 Cr. It is led by directors including Shyam Sunder Chatterjee and Krishna Banerjee.
Last AGM: 25 September 2025. Financial statements filed for year ended 31 March 2025. Office: 10 Princep Street 2Nd Floor, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.1 Lakh, a decline of 23% compared to the previous year.
The company is associated with 1 brand - Herald Commerce.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heraldcommerce.com.
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Registered Address10 Princep Street 2Nd Floor, Kolkata, West Bengal, India – 700072
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IndustryFinancial Services, Financial Activities
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Herald Commerce Ltd
Herald Commerce Ltd has one previous CIN (Corporate Identification Number): U51909WB1982PLC035364. The current CIN is L51909WB1982PLC035364, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909WB1982PLC035364 | Current |
| U51909WB1982PLC035364 | Previous |
Associated Brands with Herald Commerce Ltd
Herald Commerce Ltd operates one associated brand: Herald Commerce. These brands represent Herald Commerce Ltd's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Specializes in providing commercial loan services to businesses. | heraldcommerce.com |
Competitors & Alternatives of Herald Commerce Ltd
Brands and companies operating in the same space as Herald Commerce Ltd include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
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Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
|
Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
|
Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
|
2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Herald Commerce Ltd
Herald Commerce Ltd is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Board of Directors of Herald Commerce Ltd
Herald Commerce Ltd is currently managed by 6 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shyam Sunder Chatterjee
Also directs:
A T N International Limited, Arissan Power Limited, Aatreya Vinimay Private Limited and 5 more
|
Cfo | 18 Apr 2019 | 7 Years 2 Months | Current |
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Krishna Banerjee
Also directs:
Niharika India Ltd, A T N International Limited, Amluckie Investment Co Ltd and 2 more
|
Director | 25 Mar 2015 | 11 Years 3 Months | Current |
|
Rohit Sahu
Also directs:
A T N International Limited, Silicon Valley Infotech Limited
|
Director | 19 Aug 2019 | 6 Years 10 Months | Current |
| Madhu Prajapati | Director | 13 Aug 2025 | 0 Years 10 Months | Current |
|
Akshya Kumar Parida
Also directs:
Niharika India Ltd, Raunak Infrastructures Private Limited, Amluckie Investment Co Ltd and 3 more
|
Director | 16 Aug 2024 | 1 Years 10 Months | Current |
|
Prabhat Jain
Also directs:
Niharika India Ltd, Aastha Broad Casting Network Limited, Globe Soya Products Limited and 2 more
|
Managing Director | 14 Aug 2023 | 2 Years 10 Months | Current |
Financials of Herald Commerce Ltd FY 2025 filings available
Herald Commerce Ltd reported revenue of ₹25.1 Lakh (down 23% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings Herald Commerce Ltd
Herald Commerce Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Herald Commerce Ltd
View historical data on people associated with Herald Commerce Ltd, including employment history and EPFO contributions.
Employee Count & EPFO Data of Herald Commerce Ltd
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Herald Commerce Ltd
GSTIN & GST Filing Data of Herald Commerce Ltd
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Herald Commerce Ltd
Credit Ratings, Legal Cases & Regulatory Alerts of Herald Commerce Ltd
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Herald Commerce Ltd
MSME Payment Delays by Herald Commerce Ltd
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Herald Commerce Ltd
Subsidiaries & Group Companies of Herald Commerce Ltd
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Herald Commerce Ltd with ownership details.
MCA Filings & Documents of Herald Commerce Ltd
MCA Filings & Documents of Herald Commerce Ltd
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Herald Commerce Ltd
Frequently Asked Questions about Herald Commerce Ltd
Herald Commerce Ltd is an active public limited company in the financial services sector based in Kolkata, West Bengal, India. It was incorporated on 16 October 1982 (44+ years old) and is registered under CIN L51909WB1982PLC035364.
Herald Commerce Ltd reported revenue of ₹25.1 Lakh for FY 2025 (down 23.00% YoY).
The current directors of Herald Commerce Ltd are:
The primary industry of Herald Commerce Ltd is financial services. The company specifically operates in financial activities. The company is currently active in this sector.
Yes, Herald Commerce Ltd is a listed company.
Herald Commerce Ltd can be reached at the registered office: 10 Princep Street 2Nd Floor, Kolkata, West Bengal, India – 700072, or through the website heraldcommerce.com.