Merfin Advisors Private Limited

Merfin Advisors Private Limited - business outsourcing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U67100WB2008PTC128405 Incorporated 11 August 2008 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2024
₹24.78 Lakh
▲ 199% YoY
Net profit · FY 2024
₹4.45 Lakh
Net margin 17.9%
EBITDA · FY 2024
₹6.88 Lakh
EBITDA margin 27.8%
Authorised capital
₹1.5 Lakh
Registered with MCA
Paid-up capital
₹1.1 Lakh
Issued & subscribed
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered

About Merfin Advisors Private Limited

Data last updated:

Merfin Advisors Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 11 August 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U67100WB2008PTC128405. Its GSTIN is 19AAFCM6804J1Z7 (West Bengal). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Vikash Jain and Vineet Jain.

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 2 Ashutosh Mukherjee Road 4th Floor, Kolkata, West Bengal, India – 700020.

As per the financials filed for FY 2024, the company reported a revenue of ₹24.78 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.45 Lakh (net margin 17.9%) and EBITDA of ₹6.88 Lakh (EBITDA margin 27.8%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 10% over five years.

The company is associated with 1 brand: Merfin Advisors. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in October 2010.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merfinadvisors.com.

Company details

CIN U67100WB2008PTC128405
Registration Number 128405
Incorporation Date 11 August 2008
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

Contact details

Merfin Advisors Private Limited's registered office is in Kolkata, West Bengal. Its website is merfinadvisors.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2 Ashutosh Mukherjee Road 4th Floor, Kolkata, West Bengal, India – 700020
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Merfin Advisors Private Limited, buy the company report.

Comprehensive company report
Merfin Advisors 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
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Brands

Merfin Advisors operates one associated brand: Merfin Advisors. Each brand links to its own profile.

BrandDescriptionWebsite
Provision of corporate finance, advisory, digital solutions, business management, and human resources services in India.merfinadvisors.com

Business activity

The main business activity of Merfin Advisors is financial and insurance service. In detail, this covers other financial activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK8Other financial activities

To see the full business activity and turnover split of Merfin Advisors Private Limited, buy the company report.

Financials of Merfin Advisors Private Limited

FY 2025 filings available

Merfin Advisors Private Limited reported revenue of ₹24.78 Lakh (up 199% YoY) for FY 2024.

Revenue · FY 2024
₹24.78 Lakh ▲ 199%
Net profit · FY 2024
₹4.45 Lakh margin 17.9%
EBITDA · FY 2024
₹6.88 Lakh margin 27.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 199%
3 years · compounded
▲ 11%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 236%
3 years · compounded
▲ 13%
5 years · compounded
▼ 12%

Revenue rose 199% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA rose 236% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹6.88 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.45 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin27.8%
Net Profit Margin17.9%
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 Merfin Advisors Private Limited, buy the company report.

Board of directors of Merfin Advisors Private Limited

Merfin Advisors has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vikash JainDirector11 Aug 200818 Years 2 MonthsCurrent
Vineet JainDirector29 Feb 20206 Years 8 MonthsCurrent
Bhag Chand JainDirector11 Aug 200818 Years 2 MonthsCurrent

Auditor

Merfin Advisors Private Limited is audited by DK. MAJUMDAR & ASSOCIATES for the financial year 2017.

Auditor firmFinancial yearFirm registration number
DK. MAJUMDAR & ASSOCIATESFY 2017327863E

Shareholding

The shareholding of Merfin Advisors Private 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 categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Merfin Advisors Private Limited, buy the company report.

Deals & funding

Merfin Advisors Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in October 2010.

Total deals
2
Secondary share transfer
1
Funding round
1
Disclosed funding
₹2 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2010Secondary share transferUndisclosedBuyer: Bhag Chand Chhabra (Huf)
Seller: an individual
Mar 2009Funding round₹2 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Merfin Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Merfin Advisors has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AAFCM6804J1Z7West BengalActive01 Jul 2017
27AAFCM6804J1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Merfin Advisors Private Limited, buy the company report.

Recent activity

Merfin Advisors Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Rakesh Jain ceased to be Director on 29 Feb 2020.

AGM
Merfin Advisors Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Merfin Advisors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Ceased
Rakesh Jain ceased to be Director.
Ceased
Reena Jain ceased to be Additional Director.
Appointed
Vineet Jain was appointed as Director.
Ceased
Vineet Jain ceased to be Director.
Ceased
Ajay Jain ceased to be Director.
Ceased
Asoka Chatterjee ceased to be Director.
Ceased
Pallassana Ramanathan Sankaranarayanan ceased to be Director.
Ceased
Utsav Jain ceased to be Director.
Ceased
Surendra Mohan Lakhotia ceased to be Director.
Ceased
Ashok Kumar Garg ceased to be Director.

4 earlier events are in the company report.

Frequently asked questions

Merfin Advisors is an active private limited company based in Kolkata, West Bengal, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 11 August 2008 (18+ years old) and is registered under CIN U67100WB2008PTC128405.

Merfin Advisors has 3 current directors:

The latest financial statements of Merfin Advisors 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 Merfin Advisors is 19AAFCM6804J1Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCM6804J1ZA (Maharashtra).

The CIN (Corporate Identification Number) of Merfin Advisors is U67100WB2008PTC128405. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Merfin Advisors was incorporated on 11 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.

Merfin Advisors has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in October 2010.

Rakesh Jain ceased to be Director on 29 Feb 2020. Reena Jain ceased to be Additional Director on 29 Feb 2020. Vineet Jain was appointed as Director on 29 Feb 2020. Merfin Advisors has 13 board changes on record in total.

Merfin Advisors can be reached through the website merfinadvisors.com. Its registered office is in Kolkata, West Bengal, India.

The registered office of Merfin Advisors is at 2 Ashutosh Mukherjee Road 4th Floor, Kolkata, West Bengal, India – 700020.