Ivory Consultants Pvt. Ltd.
About Ivory Consultants Pvt. Ltd.
Data last updated:
Ivory Consultants Pvt. Ltd. was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 March 1994.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1994PTC062276.
The company had an authorised share capital of ₹6.2 Cr and a paid-up capital of ₹3.6 Cr. It was led by directors Daulat Jain and Gaurav Jain.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Trinity 226/1 Ajc Bose Road Unit 1D 1st Floor, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2022, the company reported a revenue of ₹143.65 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹46.43 Cr (net margin 32.3%) and EBITDA of ₹49.04 Cr (EBITDA margin 34.1%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company had satisfied charges of ₹50 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it.
Company details
CIN history
Ivory Consultants has one previous CIN (Corporate Identification Number): U99999WB1994PTC062276. The current CIN is U74140WB1994PTC062276, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140WB1994PTC062276 | Current |
| U99999WB1994PTC062276 | Previous |
Contact details
Ivory Consultants Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressTrinity 226/1 Ajc Bose Road Unit 1D 1st Floor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ivory Consultants Pvt. Ltd., 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 Ivory Consultants is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ivory Consultants Pvt. Ltd., buy the company report.
Financials of Ivory Consultants Pvt. Ltd.
FY 2022 filings availableIvory Consultants Pvt. Ltd. reported revenue of ₹143.65 Cr (up 61% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 909% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹49.04 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹46.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 32.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ivory Consultants Pvt. Ltd., buy the company report.
Board of directors of Ivory Consultants Pvt. Ltd.
Ivory Consultants has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daulat Jain | Director | 21 Mar 2022 | 4 Years 7 Months | As last reported |
| Gaurav Jain | Director | 21 Mar 2022 | 4 Years 7 Months | As last reported |
Peer comparison
Ivory Consultants Pvt. Ltd. is compared with the 7 companies closest to it by revenue in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| India Factoring and Finance Solutions Private Limited | ₹147.78 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Merlin Holdings Pvt. Ltd. | ₹143.93 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Ivory Consultants Pvt. Ltd.this company | ₹143.65 Cr (FY 2022) | ₹46.43 Cr | 32.3% | 61.0% | Kolkata, West Bengal, India | |
| Sudha Apparels Ltd | ₹142.15 Cr (FY 2019) | 81.0% | Kolkata, West Bengal, India | |||
| Atlas Equifin Private Limited | ₹142.1 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Finkurve Financial Services Limited | ₹141.06 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Kiran Vyapar Ltd. | ₹140.39 Cr (FY 2018) | 16.0% | Kolkata, West Bengal, India | |||
| Ocean Capital Market Ltd. | ₹139.34 Cr (FY 2023) | -2.0% | Rourkela, Odisha, India |
To see the full peer comparison of Ivory Consultants Pvt. Ltd., buy the company report.
Auditor
Ivory Consultants Pvt. Ltd. is audited by SHYAMSUKHA AMIT & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHYAMSUKHA AMIT & ASSOCIATES | FY 2021 | 324516E |
Shareholding
The shareholding of Ivory Consultants Pvt. Ltd. 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 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ivory Consultants Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2023 | 100758205 | Others | ₹20 Cr | Satisfied | |
| 23 Sep 2021 | 100487676 | Others | ₹10 Cr | Satisfied | |
| 24 Dec 2018 | 100233101 | Others | ₹20 Cr | Satisfied |
To see the full charge records of Ivory Consultants Pvt. Ltd., buy the company report.
Total charge records: 3 View all charges
Legal cases
Ivory Consultants Pvt. Ltd. has 13 court cases on record: 11 filed by Ivory Consultants, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 0 |
| High courts | 3 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against M/S. Vemb Lifestyle Pvt. Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against M/S. Sarda Plywood Industries Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against M.S. Shivam Sansar Nirman Pvt. Ltd. | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed by the company against M/S. Wondermax Vinimay Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against SNG Mercantile Pvt. Ltd. | Disposed |
To see the full case history of Ivory Consultants Pvt. Ltd., 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 Ivory Consultants Pvt. Ltd.; 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 Ivory Consultants Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ivory Consultants Pvt. Ltd. has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Daulat Jain ceased to be Additional Director on 30 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Ivory Consultants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ivory Consultants was a private limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 15 March 1994 and is registered under CIN U74140WB1994PTC062276. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ivory Consultants was incorporated on 15 March 1994. It is registered with the Registrar of Companies, Kolkata.
Ivory Consultants had 2 directors:
- Daulat Jain - Director
- Gaurav Jain - Director
The CIN (Corporate Identification Number) of Ivory Consultants is U74140WB1994PTC062276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ivory Consultants is at Trinity 2261 Ajc Bose Road Unit 1D 1st Floor, Kolkata, West Bengal, India – 700020.
The latest financial statements of Ivory Consultants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
Ivory Consultants operated in the financial services industry, in the nbfc segment.
The peers of Ivory Consultants by revenue are India Factoring and Finance Solutions Private Limited, Merlin Holdings Pvt. Ltd, Sudha Apparels Ltd, Atlas Equifin Private Limited, Finkurve Financial Services Limited and 2 more, all in the BFSI industry (Large NBFC, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Ivory Consultants has 13 court cases on record: 11 filed by the company and 2 filed against it. Most are in the district courts.
Daulat Jain ceased to be Additional Director on 30 Sep 2022. Gaurav Jain ceased to be Additional Director on 30 Sep 2022. Anil Kumar Yaduka ceased to be Director on 23 Mar 2022. Ivory Consultants has 12 board changes on record in total.
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