HRG Merchants LLP
About HRG Merchants LLP
Data last updated:
HRG Merchants LLP is a limited liability partnership (LLP) based in Kolkata, West Bengal, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 27 April 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Kolkata, under LLPIN AAM-5116.
The LLP has a total obligation of contribution of ₹1.5 Lakh. It is led by designated partners including Raunak Garg and Hariram Garg.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 4/1 Middleton Street Sikkim Commerce House, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹21.87 Lakh, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹3.3 Lakh (net margin 15.1%) and EBITDA of -₹6 Lakh (EBITDA margin -27.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the LLP has open charges of ₹3.54 Cr and satisfied charges of ₹9.6 Cr on record.
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- Registered Address4/1 Middleton Street Sikkim Commerce House, Kolkata, West Bengal, India – 700071
- IndustryAgriculture, Agro Retail & Distribution
- 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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Financials of HRG Merchants LLP FY 2025 filings available
HRG Merchants LLP reported revenue of ₹21.87 Lakh (up 16% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of HRG Merchants LLP
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 16% 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 of HRG Merchants LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹21.87 Lakh | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹3.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of HRG Merchants LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 15.1% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of HRG Merchants are in the company report.
Financial statements from FY 2019
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.
Designated Partners of HRG Merchants LLP
HRG Merchants has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raunak Garg Also directs: Greenol Laboratories Pvt Ltd, Asian Housing and Infrastructure Limited, Asian Capital Market Ltd. and 5 more | Designated Partner | 27 Mar 2023 | 3 Years 6 Months | Current |
| Hariram Garg Also directs: Indong Tea Company Limited, Asian Tea and Exports Ltd, Kesavatsapur Tea Company Private Limited and 5 more | Designated Partner | 27 Apr 2018 | 8 Years 5 Months | Current |
| Rajesh Garg Also directs: Indong Tea Company Limited, Greenol Laboratories Pvt Ltd, Hurdeodass Company Private Limited and 5 more | Designated Partner | 27 Apr 2018 | 8 Years 5 Months | Current |
Ownership and Shareholding of HRG Merchants LLP
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 HRG Merchants LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2025 | Bajaj Finance Limited | ₹1.28 Cr | Open |
| 03 Apr 2025 | Bajaj Finance Limited | ₹1.13 Cr | Open |
| 03 Apr 2025 | Bajaj Finance Limited | ₹1.14 Cr | Open |
| 26 Apr 2022 | Icici Bank Limited | ₹3 Cr | Satisfied |
| 24 Aug 2020 | Aditya Birla Finance Limited | ₹1.1 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at HRG Merchants LLP
Employment history and EPFO contributions of people linked to HRG 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.
Recent Activity on HRG Merchants LLP
HRG Merchants LLP has 3 designated partner changes on record since 2018: 3 appointments. The latest: Raunak Garg was appointed as Designated Partner on 27 Mar 2023.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for HRG Merchants LLP
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 HRG Merchants LLP
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 HRG Merchants LLP
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 HRG Merchants LLP
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 HRG Merchants LLP
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 HRG Merchants LLP
HRG Merchants is an active limited liability partnership based in Kolkata, West Bengal, India. The LLP works in agro retail and distribution, within the agriculture industry. It was incorporated on 27 April 2018 (8+ years old) and is registered under LLPIN AAM-5116.
HRG Merchants reported revenue of ₹21.87 Lakh for FY 2023 (up 16% YoY).
HRG Merchants has 3 current designated partners:
- Raunak Garg - Designated Partner
- Hariram Garg - Designated Partner
- Rajesh Garg - Designated Partner
HRG Merchants reported a net profit of ₹3.3 Lakh (net margin 15.1%) and EBITDA of -₹6 Lakh (EBITDA margin -27.4%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of HRG Merchants is 7% over three years. In the latest year (FY 2023) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The LLPIN (Limited Liability Partnership Identification Number) of HRG Merchants is AAM-5116. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
HRG Merchants was incorporated on 27 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
Raunak Garg was appointed as Designated Partner on 27 Mar 2023. Hariram Garg was appointed as Designated Partner on 27 Apr 2018. Rajesh Garg was appointed as Designated Partner on 27 Apr 2018.
The registered office of HRG Merchants is at 41 Middleton Street Sikkim Commerce House, Kolkata, West Bengal, India – 700071.
The total obligation of contribution is ₹1.5 Lakh.