Ithi Merchants Private Limited
About Ithi Merchants Private Limited
Data last updated:
Ithi Merchants Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 30 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67120WB1994PTC066216.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Gobind Garg and Parul Garg.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 113 N S Road, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.61 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹5,625 (net margin 1.2%) and EBITDA of ₹7,873 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ithi 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 Address113 N S Road, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Ithi 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 Ithi Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ithi Merchants Private Limited, buy the company report.
Financials of Ithi Merchants Private Limited
FY 2025 filings availableIthi Merchants Private Limited reported revenue of ₹4.61 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 1% fall in the latest year. EBITDA fell 57% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7,873 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5,625 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ithi Merchants Private Limited, buy the company report.
Board of directors of Ithi Merchants Private Limited
Ithi Merchants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gobind Garg Also directs: Vedic Villas Private Limited, Satkriti Tracon Pvt Ltd, Chinti Investments & Credits Pvt Ltd and 1 more | Director | 05 Jun 1995 | 31 Years 5 Months | Current |
| Parul Garg Also directs: Lci Cycles Private Limited, Vedic Villas Private Limited | Director | 21 Jan 1995 | 31 Years 9 Months | Current |
Auditor
Ithi Merchants Private Limited is audited by S C G AND CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C G AND CO | FY 2022 | 055456 |
Shareholding
The shareholding of Ithi Merchants Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ithi Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ithi 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 Ithi 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 Ithi Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ithi Merchants Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Gobind Garg was appointed as Director on 05 Jun 1995.
Frequently asked questions
Ithi Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 30 November 1994 (32+ years old) and is registered under CIN U67120WB1994PTC066216.
Ithi Merchants has 2 current directors:
- Gobind Garg - Director
- Parul Garg - Director
The latest financial statements of Ithi Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ithi Merchants is U67120WB1994PTC066216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ithi Merchants was incorporated on 30 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Gobind Garg was appointed as Director on 05 Jun 1995. Parul Garg was appointed as Director on 21 Jan 1995.
The registered office of Ithi Merchants is at 113 N S Road, Kolkata, West Bengal, India – 700001.
Ithi Merchants operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Ithi Merchants is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
Ithi Merchants can be reached at its registered office: 113 N S Road, Kolkata, West Bengal, India – 700001.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
