
Improve Merchants Private Limited
About Improve Merchants Private Limited
Data last updated:
Improve Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 03 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2005PTC103552.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹12.95 Lakh. It is led by directors Lalita Devi Jain and Sanjeev Kumar Jain.
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 51 Vivekananda Road 1st Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.43 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹10,414 (net margin 0.8%) and EBITDA of ₹2.16 Lakh (EBITDA margin 17.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Improve Merchants Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address51 Vivekananda Road 1st Floor, Kolkata, West Bengal, India – 700007
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Improve 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
Financials of Improve Merchants Private Limited
FY 2025 filings availableImprove Merchants Private Limited reported revenue of ₹12.43 Lakh (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 17% 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 | ₹2.16 Lakh | ||||
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| Net Profit (PAT) | ₹10,414 | ||||
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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 | 17.4% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Improve Merchants Private Limited, buy the company report.
Board of directors of Improve Merchants Private Limited
Improve Merchants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar Jain Also directs: Prorata Market Research LLP, Prorata Service Tech LLP, Prorata Growth Management LLP and 2 more | Additional Director | 25 Feb 2022 | 4 Years 8 Months | Current |
| Lalita Devi Jain Also directs: Chitravali Vincom Pvt.Ltd., Aaradhya Retail Private Limited, Aaradhya Stock Broking Private Limited and 1 more | Director | 29 May 2019 | 7 Years 5 Months | Current |
Shareholding
The shareholding of Improve Merchants Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Improve Merchants Private Limited, buy the company report.
Legal cases
Improve Merchants Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Icici Bank Limited | Pending |
To see the full case history of Improve Merchants Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Improve Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Improve Merchants has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Patni Media Pvt Ltd | U74999WB2008PTC126629 |
To see the full group structure of Improve Merchants Private Limited, buy the company report.
GST
No GST registration is on our record for Improve Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Improve Merchants Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Motilal Saraogi ceased to be Director on 25 Feb 2022.
Frequently asked questions
Improve Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in retail trading, within the trading industry. It was incorporated on 03 June 2005 (21+ years old) and is registered under CIN U51109WB2005PTC103552.
Improve Merchants has 2 current directors:
- Sanjeev Kumar Jain - Additional Director
- Lalita Devi Jain - Director
The latest financial statements of Improve 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 CIN (Corporate Identification Number) of Improve Merchants is U51109WB2005PTC103552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Improve Merchants has 1 court case on record: 1 filed against it. 1 is pending.
Improve Merchants was incorporated on 03 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kolkata.
Motilal Saraogi ceased to be Director on 25 Feb 2022. Sanjeev Kumar Jain was appointed as Additional Director on 25 Feb 2022. Lalita Devi Jain was appointed as Director on 29 May 2019. Improve Merchants has 4 board changes on record in total.
The registered office of Improve Merchants is at 51 Vivekananda Road 1st Floor, Kolkata, West Bengal, India – 700007.
Improve Merchants operates in the trading industry, in the retail trading segment.
The compliance status of Improve Merchants is compliant as of 04 September 2026. The company is actively filing with the Registrar of Companies.

