Jigar Merchandise Limited
About Jigar Merchandise Limited
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Jigar Merchandise Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 14 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2014PLC204303.
The company has an authorised share capital of ₹5.5 Lakh and a paid-up capital of ₹5.05 Lakh. It is led by directors including Shivlal Sharma and Sunita Shaw.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2 Khetra Das Lane, Kolkata, West Bengal, India – 700012.
As per the financials filed for FY 2024, the company reported a revenue of ₹29,900, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹370 (net margin 1.2%) and EBITDA of ₹500 (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 36% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Jigar Merchandise Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2 Khetra Das Lane, Kolkata, West Bengal, India – 700012
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Jigar Merchandise 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 Jigar Merchandise is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Jigar Merchandise Limited, buy the company report.
Financials of Jigar Merchandise Limited
FY 2024 filings availableJigar Merchandise Limited reported revenue of ₹29,900 (up 710% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 710% growth in the latest year. EBITDA rose 27% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹500 | ||||
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| Net Profit (PAT) | ₹370 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Jigar Merchandise Limited, buy the company report.
Board of directors of Jigar Merchandise Limited
Jigar Merchandise has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivlal Sharma Also directs: Chandra Mukhi Business Limited, Chandra Ghanta Vintrade Limited, Shinestar Vyapaar Limited and 5 more | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Sunita Shaw Also directs: Chandra Mukhi Business Limited, Chandra Ghanta Vintrade Limited, Shinestar Vyapaar Limited and 5 more | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Suraj Sharma Also directs: Chandra Mukhi Business Limited, Chandra Ghanta Vintrade Limited, Shinestar Vyapaar Limited and 5 more | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Bharati Shee Also directs: Chandra Mukhi Business Limited, Chandra Ghanta Vintrade Limited, Shinestar Vyapaar Limited and 4 more | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Jigar Merchandise Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sekai-Ichi Systems India Private Limited | ₹30,000 (FY 2024) | Delhi, India | ||||
| Lovely Marcom Private Limited | ₹30,000 (FY 2016) | 5.0% | Kolkata, West Bengal, India | |||
| Bariz Media Private Limited | ₹29,943 (FY 2020) | 245.0% | New Delhi, Delhi, India | |||
| Ranchan Industries Private Limited | ₹29,936 (FY 2024) | -52.0% | Gurgaon, Haryana, India | |||
| Flower Dealtrade Private Limited | ₹29,920 (FY 2024) | -2.0% | Allahabad, Uttar Pradesh, India | |||
| Jigar Merchandise Limitedthis company | ₹29,900 (FY 2024) | ₹370 | 1.2% | 710.0% | Kolkata, West Bengal, India | |
| Sidak Scientific & Surgicals Private Limited | ₹29,892 (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| Kunnuz Fashions Private Limited (OPC) | ₹29,880 (FY 2025) | -64.0% | Chennai, Tamil Nadu, India | |||
| Sur Enclave Limited | ₹29,870 (FY 2017) | 672.0% | Howrah, West Bengal, India | |||
| Charmisa Vintrade Limited | ₹29,860 (FY 2024) | 500.0% | Kolkata, West Bengal, India | |||
| Midira Naturals Private Limited | ₹29,819 (FY 2021) | -54.0% | Thrissur, Kerala, India |
To see the full peer comparison of Jigar Merchandise Limited, buy the company report.
Auditor
Jigar Merchandise Limited is audited by M JHAWAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M JHAWAR & CO | FY 2017 | 061687 |
Shareholding
The shareholding of Jigar Merchandise 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 Jigar Merchandise Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jigar Merchandise 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 Jigar Merchandise 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 Jigar Merchandise Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jigar Merchandise Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Bani Ghatak ceased to be Director on 14 Aug 2020.
Frequently asked questions
Jigar Merchandise is an active public limited company based in Kolkata, West Bengal, India. The company works in other wholesale, within the trading industry. It was incorporated on 14 November 2014 (12+ years old) and is registered under CIN U51909WB2014PLC204303.
Jigar Merchandise has 4 current directors:
- Shivlal Sharma - Director
- Sunita Shaw - Director
- Suraj Sharma - Director
- Bharati Shee - Director
The latest financial statements of Jigar Merchandise on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Jigar Merchandise is U51909WB2014PLC204303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jigar Merchandise was incorporated on 14 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Jigar Merchandise by revenue are Sekai-Ichi Systems India Private Limited, Lovely Marcom Private Limited, Bariz Media Private Limited, Ranchan Industries Private Limited, Flower Dealtrade Private Limited and 5 more, all in the same principal business activity (retail trading).
Bani Ghatak ceased to be Director on 14 Aug 2020. Shivlal Sharma was appointed as Director on 14 Aug 2020. Sunita Shaw was appointed as Director on 14 Aug 2020. Jigar Merchandise has 8 board changes on record in total.
The registered office of Jigar Merchandise is at 2 Khetra Das Lane, Kolkata, West Bengal, India – 700012.
Jigar Merchandise operates in the trading industry, in the other wholesale segment.
The compliance status of Jigar Merchandise is compliant as of 14 July 2026. The company is actively filing with the Registrar of Companies.
Jigar Merchandise can be reached at its registered office: 2 Khetra Das Lane, Kolkata, West Bengal, India – 700012.