Image Merchants Private Limited
About Image Merchants Private Limited
Data last updated:
Image Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 03 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2008PTC123433. Its GSTIN is 19AABCI8722R1ZU (West Bengal).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.15 Lakh. It is led by directors Aditya Bubna and Abhishek Bubna.
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 Kolkata, West Bengal.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.01 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹91.5 Lakh (net margin -261.4%) and EBITDA of ₹25.88 Lakh (EBITDA margin 73.9%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 115% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Image Merchants Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address180 Rabindra Sarani, D K Towr, Kolkata, West Bengal, India – 700007
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Image 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 Image Merchants is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Image Merchants Private Limited, buy the company report.
Financials of Image Merchants Private Limited
FY 2025 filings availableImage Merchants Private Limited reported revenue of ₹35.01 Lakh (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 115%. EBITDA fell 92% 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 | ₹25.88 Lakh | ||||
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| Net Profit (PAT) | -₹91.5 Lakh | ||||
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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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| EBITDA Margin | 73.9% | ||||
| Net Profit Margin | -261.4% | ||||
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To see the full financial statements and ratios of Image Merchants Private Limited, buy the company report.
Board of directors of Image Merchants Private Limited
Image 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 |
|---|---|---|---|---|
| Aditya Bubna Also directs: Shaan Enclave LLP, Adrika Property Developers LLP, Dhansubh Complex Private Limited and 5 more | Director | 04 Jul 2013 | 13 Years 4 Months | Current |
| Abhishek Bubna | Director | 22 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Image Merchants Private Limited is audited by CHOUDHURY AGRAWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOUDHURY AGRAWAL & CO | FY 2021 | 310002E |
Shareholding
The shareholding of Image Merchants Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Image Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Image Merchants Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Image Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Image Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCI8722R1ZU | West Bengal | Active | 09 May 2019 |
To see the full GST registrations and return filing status of Image Merchants Private Limited, buy the company report.
Recent activity
Image Merchants Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Aditya Bubna was appointed as Director on 04 Jul 2013.
Frequently asked questions
Image Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 03 March 2008 (18+ years old) and is registered under CIN U51109WB2008PTC123433.
Image Merchants has 2 current directors:
- Aditya Bubna - Director
- Abhishek Bubna - Director
The latest financial statements of Image 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 GSTIN of Image Merchants is 19AABCI8722R1ZU, registered in West Bengal.
The CIN (Corporate Identification Number) of Image Merchants is U51109WB2008PTC123433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Image Merchants was incorporated on 03 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Aditya Bubna was appointed as Director on 04 Jul 2013. Kaushtubhmani Choudhary ceased to be Director on 04 Jul 2013. Neha Agarwal ceased to be Director on 04 Jul 2013. Image Merchants has 5 board changes on record in total.
The registered office of Image Merchants is at 180 Rabindra Sarani, D K Towr, Kolkata, West Bengal, India – 700007.
Image Merchants operates in the transport and logistics industry, in the cold storage and warehousing services segment.
The compliance status of Image Merchants is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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