Master Merchants Pvt Ltd
About Master Merchants Pvt Ltd
Data last updated:
Master Merchants Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 04 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U32509WB1994PTC064307.
The company has an authorised share capital of ₹92 Lakh and a paid-up capital of ₹91.15 Lakh. It is led by directors Mohammed Zahid Mustaqueem Ansari and Jonnapalli Narsing Raju.
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 C/O Abhishek Enterprises 91 N S Road Room No.40A 2nd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.07 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹33.6 Lakh and EBITDA of -₹33.6 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹36.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressC/O Abhishek Enterprises 91 N S Road Room No.40A 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Master Merchants Pvt Ltd
The main business activity of Master Merchants is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Master Merchants Pvt Ltd FY 2024 filings available
Master Merchants Pvt Ltd reported revenue of ₹3.07 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Master Merchants Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 20% growth 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 of Master Merchants Pvt Ltd
| 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 | -₹33.6 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.6 Lakh | •••• | •••• | •••• | •••• |
| 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 of Master Merchants Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Master Merchants are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Master Merchants Pvt Ltd
Master Merchants Pvt Ltd is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nimesh Electronics Private Limited | ₹3.11 Lakh (FY 2025) | •••• | •••• | 64.0% | •••• | Kalyan, Maharashtra, India |
| Fortnet Private Limited | ₹3.09 Lakh (FY 2022) | •••• | •••• | -59.0% | •••• | Gurugram, Haryana, India |
| Newage Living Solutions Private Limited | ₹3.09 Lakh (FY 2025) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Adtech Computers Private Limited | ₹3.07 Lakh (FY 2025) | •••• | •••• | -23.0% | •••• | New Delhi, Delhi, India |
| Fast Tech Technologies Services Private Limited | ₹3.07 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Nadia, West Bengal, India |
| Master Merchants Pvt Ltd this company | ₹3.07 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Xemtech Software Solution Private Limited | ₹3.05 Lakh (FY 2017) | •••• | •••• | -73.0% | •••• | Rudrapur, Uttarakhand, India |
| Invencio Tech (OPC) Private Limited | ₹3.04 Lakh (FY 2025) | •••• | •••• | -87.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Harsh Secure Premises Private Limited | ₹3.04 Lakh (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Xrig Sales Private Limited | ₹3.04 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Kolkata, West Bengal, India |
| Rupa Infotech Private Limited | ₹3.01 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Master Merchants by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Master Merchants Pvt Ltd
Master Merchants Pvt Ltd is audited by SARKAR GURUMURTHY & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SARKAR GURUMURTHY & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Master Merchants Pvt Ltd
Master Merchants has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Zahid Mustaqueem Ansari Also directs: Camellia Sales Private Limited | Director | 08 Sep 2021 | 5 Years 1 Months | Current |
| Jonnapalli Narsing Raju | Director | 25 Oct 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Master Merchants Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Master Merchants Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2023 | Others | ₹36.6 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Master Merchants Pvt Ltd
Employment history and EPFO contributions of people linked to Master Merchants.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Master Merchants Pvt Ltd
Master Merchants has one previous CIN (Corporate Identification Number): U52324WB1994PTC064307. The current CIN is U32509WB1994PTC064307, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32509WB1994PTC064307 | Current |
| U52324WB1994PTC064307 | Previous |
Recent Activity on Master Merchants Pvt Ltd
Master Merchants Pvt Ltd has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Iftekhar Ahmed Khan ceased to be Director on 30 Oct 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Master Merchants Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Master Merchants Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Master Merchants Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Master Merchants Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Master Merchants Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Master Merchants Pvt Ltd
Master Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 04 August 1994 (32+ years old) and is registered under CIN U32509WB1994PTC064307.
Master Merchants reported revenue of ₹3.07 Lakh for FY 2025 (up 20% YoY).
Master Merchants has 2 current directors:
- Mohammed Zahid Mustaqueem Ansari - Director
- Jonnapalli Narsing Raju - Director
Master Merchants reported a net loss of ₹33.6 Lakh and EBITDA of -₹33.6 Lakh for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Master Merchants is 43% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Master Merchants is U32509WB1994PTC064307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Master Merchants was incorporated on 04 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Master Merchants by revenue are Nimesh Electronics Private Limited, Fortnet Private Limited, Newage Living Solutions Private Limited, Adtech Computers Private Limited, Fast Tech Technologies Services Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Iftekhar Ahmed Khan ceased to be Director on 30 Oct 2025. Jonnapalli Narsing Raju was appointed as Director on 25 Oct 2025. Alex Pereira ceased to be Additional Director on 30 Sep 2021. Master Merchants has 9 board changes on record in total.
The registered office of Master Merchants is at CO Abhishek Enterprises 91 N S Road Room No.40A 2nd Floor, Kolkata, West Bengal, India – 700001.
Master Merchants has an authorised share capital of ₹92 Lakh and a paid-up capital of ₹91.15 Lakh.