MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-06-0001056
Karan Merchant Private Limited
Karan Merchant Private Limited - consumer goods in Siliguri, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.71 Cr
▼ 16% YoY
Net profit · FY 2025
₹8.5 Lakh
Net margin 0.6%
EBITDA · FY 2025
₹68.03 Lakh
EBITDA margin 5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹7.66 Lakh
Issued & subscribed
Open charges
₹60.57 Cr
Satisfied ₹2.15 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
14
Provident fund records
About Karan Merchant Private Limited
Data last updated:
Karan Merchant Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 18 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2004PTC100202. Its GSTIN is 19AACCK4953B1ZN (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.66 Lakh. It is led by directors including Rahul Raj and Brij Kishore Prasad.
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 Pakurtala More Ashrampara, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.71 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹8.5 Lakh (net margin 0.6%) and EBITDA of ₹68.03 Lakh (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.57 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 2 cases are pending.
Karan Merchant Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0001056). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909WB2004PTC100202
Registration Number 100202
Incorporation Date 18 October 2004
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-06-0001056
Recognitions & Rankings of Karan Merchant
Contact details
Karan Merchant Private Limited's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPakurtala More Ashrampara, Siliguri, West Bengal, India – 734001
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Karan Merchant Private Limited, buy the company report.
Comprehensive company report
Karan Merchant Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Karan Merchant is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Karan Merchant Private Limited, buy the company report.
Financials of Karan Merchant Private Limited
FY 2025 filings availableKaran Merchant Private Limited reported revenue of ₹13.71 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹13.71 Cr ▼ 16%
Net profit · FY 2025
₹8.5 Lakh margin 0.6%
EBITDA · FY 2025
₹68.03 Lakh margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 20%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 30%
5 years · compounded
▲ 13%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 30% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹68.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Karan Merchant Private Limited, buy the company report.
Board of directors of Karan Merchant Private Limited
Karan Merchant has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Raj | Director | 07 Jul 2011 | 15 Years 3 Months | Current |
| Brij Kishore Prasad Also directs: Amnir Enterprises Private Limited, Remedy Developers Private Limited, Kotiratan Buildcon Private Limited and 3 more | Director | 18 Oct 2004 | 22 Years 0 Months | Current |
| Karan Raj Prasad Also directs: Brij Kishore Prasad Exports Private Limited | Director | 09 Jul 2019 | 7 Years 3 Months | Current |
Peer comparison
Karan Merchant Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arafat Trading Private Limited | ₹13.79 Cr (FY 2025) | 8.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Shrivi Pharmaceutical Private Limited | ₹13.79 Cr (FY 2025) | 1871.0% | Aligarh, Uttar Pradesh, India | |||
| Samo Impex Private Limited | ₹13.77 Cr (FY 2025) | 89.0% | Mumbai, Maharashtra, India | |||
| Bajaj Enterprises Private Limited | ₹13.75 Cr (FY 2025) | 31.0% | Delhi, India | |||
| Transnxt India Private Limited | ₹13.73 Cr (FY 2025) | Hyderabad, Telangana, India | ||||
| Karan Merchant Private Limitedthis company | ₹13.71 Cr (FY 2025) | ₹8.5 Lakh | 0.6% | -16.0% | 14 | Siliguri, West Bengal, India |
| Shri Panna Papers Private Limited | ₹13.7 Cr (FY 2025) | 51.0% | Delhi, India | |||
| Bizconnectech Solutions Private Limited | ₹13.7 Cr (FY 2025) | 3.0% | Lucknow, Uttar Pradesh, India | |||
| Yamato Sewing Machine Private Limited | ₹13.7 Cr (FY 2025) | 146.0% | Delhi, India | |||
| K Dass Pharma Distributors Pvt Ltd | ₹13.69 Cr (FY 2025) | 2.0% | Kalyan, Maharashtra, India | |||
| Glory Infinity Private Limited | ₹13.68 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Karan Merchant Private Limited, buy the company report.
Auditor
Karan Merchant Private Limited is audited by R.K. BIHANI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. BIHANI & ASSOCIATES | FY 2023 | 054997 |
Shareholding
The shareholding of Karan Merchant Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karan Merchant Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60.57 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2025 | 101116914 | Bank of India | ₹10 Lakh | Open | |
| 29 Oct 2024 | 100999183 | Bank of India | ₹20.4 Cr | Open | |
| 31 Jan 2024 | 100866931 | Idbi Bank Limited | ₹1.82 Cr | Open | |
| 20 Dec 2023 | 100854815 | Idbi Bank Limited | ₹2.55 Cr | Open | |
| 24 Jun 2022 | 100591589 | Others | ₹5.5 Cr | Open |
To see the full charge records of Karan Merchant Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Karan Merchant Private Limited has 4 court cases on record: 4 filed by Karan Merchant. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Darjeeling, West Bengal | Court case (C R Case) | Filed by the company against an individual | Pending |
| District court, Darjeeling, West Bengal | Court case (C R Case) | Filed by the company against an individual | Pending |
| District court, Darjeeling, West Bengal | Court case (C R Case) | Filed by the company against an individual | Disposed |
| District court, Darjeeling, West Bengal | Court case (C R Case) | Filed by the company against an individual | Disposed |
To see the full case history of Karan Merchant 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 Karan Merchant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karan Merchant Private Limited has a workforce of 14 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
-17.65%
GST
Karan Merchant has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCK4953B1ZN | West Bengal | Active | 01 Jul 2017 |
| 19AACCK4953B2ZM | West Bengal | Active | 20 Sep 2018 |
To see the full GST registrations and return filing status of Karan Merchant Private Limited, buy the company report.
Recent activity
Karan Merchant Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Karan Raj Prasad was appointed as Director on 09 Jul 2019.
AGM
Karan Merchant Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 2,040.00 Lakh registered on 29 Oct 2024 with Charge ID 100999183 was modified on 30 Jul 2025.
Charges
A charge with Bank Of India amounted to Rs. 10.00 Lakh with Charge ID 101116914 was registered on 15 Jun 2025.
Charges
A charge with Bank Of India of Rs. 2,638.00 Lakh registered on 29 Sep 2011 with Charge ID 10316993 was modified on 22 May 2025.
Filing
Karan Merchant Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with Bank Of India amounted to Rs. 2,040.00 Lakh with Charge ID 100999183 was registered on 29 Oct 2024.
Charges
A charge with Idbi Bank Limited amounted to Rs. 182.00 Lakh with Charge ID 100866931 was registered on 31 Jan 2024.
Charges
A charge with Idbi Bank Limited amounted to Rs. 255.00 Lakh with Charge ID 100854815 was registered on 20 Dec 2023.
Charges
A charge with Others of Rs. 550.00 Lakh registered on 24 Jun 2022 with Charge ID 100591589 was modified on 28 Apr 2023.
Charges
A charge with Others amounted to Rs. 550.00 Lakh with Charge ID 100591589 was registered on 24 Jun 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100277714 was registered on 10 Jul 2019.
Appointed
Karan Raj Prasad was appointed as Director.
12 earlier events are in the company report.
Frequently asked questions
Karan Merchant is an active private limited company based in Siliguri, West Bengal, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 18 October 2004 (22+ years old) and is registered under CIN U51909WB2004PTC100202.
Karan Merchant has 3 current directors:
- Rahul Raj - Director
- Brij Kishore Prasad - Director
- Karan Raj Prasad - Director
The latest financial statements of Karan Merchant 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 GSTIN of Karan Merchant is 19AACCK4953B1ZN, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AACCK4953B2ZM (West Bengal).
The CIN (Corporate Identification Number) of Karan Merchant is U51909WB2004PTC100202. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karan Merchant has 4 court cases on record: 4 filed by the company. 2 are pending.
Karan Merchant was incorporated on 18 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Karan Merchant by revenue are Arafat Trading Private Limited, Shrivi Pharmaceutical Private Limited, Samo Impex Private Limited, Bajaj Enterprises Private Limited, Transnxt India Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Karan Raj Prasad was appointed as Director on 09 Jul 2019. Roshan Kumar Gupta ceased to be Director on 26 Dec 2013. Satish Kumar Prasad ceased to be Director on 26 Dec 2013. Karan Merchant has 5 board changes on record in total.
Yes, Karan Merchant is registered as a small enterprise under Udyam registration (number: UDYAM-WB-06-0001056).
The registered office of Karan Merchant is at Pakurtala More Ashrampara, Siliguri, West Bengal, India – 734001.