Ishwar Merchants Private Limited
About Ishwar Merchants Private Limited
Data last updated:
Ishwar Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of R.D.Estates & Resources Ltd. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 09 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2001PTC093580.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Apurva Dhandhania and Natasha Maheshwary.
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 4 Middleton Street, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.19 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.6 Lakh (net margin 45.2%) and EBITDA of ₹5.29 Lakh (EBITDA margin 52%).
As per MCA filings, the company has open charges of ₹2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ishwar 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 Address4 Middleton Street, Kolkata, West Bengal, India – 700071
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Ishwar 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 Ishwar Merchants Private Limited
FY 2025 filings availableIshwar Merchants Private Limited reported revenue of ₹10.19 Lakh (up 777% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 777% in the latest year. EBITDA rose 1000% 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 | ₹5.29 Lakh | ||||
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| Net Profit (PAT) | ₹4.6 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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| Profitability | |||||
| EBITDA Margin | 52% | ||||
| Net Profit Margin | 45.2% | ||||
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To see the full financial statements and ratios of Ishwar Merchants Private Limited, buy the company report.
Board of directors of Ishwar Merchants Private Limited
Ishwar 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 |
|---|---|---|---|---|
| Apurva Dhandhania Also directs: R D Tea Ltd, Agrim Commodities Private Limited, Ichha Merchants Private Limited and 5 more | Director | 13 Dec 2023 | 2 Years 10 Months | Current |
| Natasha Maheshwary | Director | 30 Jan 2019 | 7 Years 8 Months | Current |
Peer comparison
Ishwar Merchants Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Primerose Nirman Private Limited | ₹10.19 Lakh (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Dombivali Properties Private Limited | ₹10.19 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Merit Developers Private Limited | ₹10.19 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Fusion Green Abodes Private Limited | ₹10.19 Lakh (FY 2021) | -87.0% | Ongole, Andhra Pradesh, India | |||
| Ranka Promoters Private Limited | ₹10.19 Lakh (FY 2025) | -58.0% | Chennai, Tamil Nadu, India | |||
| Ishwar Merchants Private Limitedthis company | ₹10.19 Lakh (FY 2025) | ₹4.6 Lakh | 45.2% | 777.0% | Kolkata, West Bengal, India | |
| Hanuman Towers Private Limited | ₹10.18 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| SH Sandhu Buildcon Private Limited | ₹10.18 Lakh (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Sumadhura Constructions Private Limited | ₹10.18 Lakh (FY 2025) | -24.0% | Hyderabad, Telangana, India | |||
| Suharsh Infraprojects Private Limited | ₹10.18 Lakh (FY 2025) | -44.0% | Ahmedabad, Gujarat, India | |||
| Competent Infrapromoters Private Limited | ₹10.18 Lakh (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Ishwar Merchants Private Limited, buy the company report.
Auditor
Ishwar Merchants Private Limited is audited by B. Kumar & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. Kumar & Co. | FY 2016 | 306098E |
Shareholding
The shareholding of Ishwar 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 Ishwar Merchants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jul 2005 | 90244964 | Indian Overseas Bank | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ishwar 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 Ishwar Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ishwar Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ishwar Merchants Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Apurva Dhandhania ceased to be Additional Director on 27 Sep 2024.
Frequently asked questions
Ishwar Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 09 August 2001 (25+ years old) and is registered under CIN U51909WB2001PTC093580.
Ishwar Merchants has 2 current directors:
- Apurva Dhandhania - Director
- Natasha Maheshwary - Director
The latest financial statements of Ishwar 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 Ishwar Merchants is U51909WB2001PTC093580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishwar Merchants was incorporated on 09 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Ishwar Merchants by revenue are Primerose Nirman Private Limited, Dombivali Properties Private Limited, Merit Developers Private Limited, Fusion Green Abodes Private Limited, Ranka Promoters Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Apurva Dhandhania ceased to be Additional Director on 27 Sep 2024. Vimla Dhandhania ceased to be Director on 18 Dec 2023. Apurva Dhandhania was appointed as Director on 13 Dec 2023. Ishwar Merchants has 8 board changes on record in total.
The registered office of Ishwar Merchants is at 4 Middleton Street, Kolkata, West Bengal, India – 700071.
Ishwar Merchants operates in the consumer services industry, in the hypermarkets and large retail chains segment.
Ishwar Merchants has open charges of ₹2 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Ishwar Merchants is compliant as of 26 September 2026. The company is actively filing with the Registrar of Companies.