Merina Commotrade Private Limited
About Merina Commotrade Private Limited
Data last updated:
Merina Commotrade Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 08 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52390WB2010PTC141885. Its GSTIN is 19AAGCM4261Q1ZT (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3.21 Cr and a paid-up capital of ₹3.18 Cr. It is led by directors Devinder Jeet Singh Sethi and Sharan Pal Singh Sethi.
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 81/1 Joy Krishna Paul Road, Kolkata, West Bengal, India – 700038.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.82 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹7.41 Lakh (net margin 0.9%) and EBITDA of ₹30.49 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹10 Cr on record. Court records list 21 cases involving the company, including 12 filed by the company and 9 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Merina Commotrade Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address81/1 Joy Krishna Paul Road, Kolkata, West Bengal, India – 700038
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Merina Commotrade Private 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 Merina Commotrade is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Merina Commotrade Private Limited, buy the company report.
Financials of Merina Commotrade Private Limited
FY 2025 filings availableMerina Commotrade Private Limited reported revenue of ₹7.82 Cr (up 130% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 130% growth in the latest year. EBITDA rose 229% 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 |
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| EBITDA | ₹30.49 Lakh | ||||
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| Net Profit (PAT) | ₹7.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Merina Commotrade Private Limited, buy the company report.
Board of directors of Merina Commotrade Private Limited
Merina Commotrade has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devinder Jeet Singh Sethi | Director | 12 Feb 2021 | 5 Years 9 Months | Current |
| Sharan Pal Singh Sethi Also directs: Japna Buildcon LLP, Japna Estates Private Limited, Curated Construction LLP and 3 more | Director | 15 Nov 2016 | 9 Years 11 Months | Current |
Auditor
Merina Commotrade Private Limited is audited by KAUSHAL SURANA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAUSHAL SURANA & CO | FY 2021 | 329248E |
Shareholding
The shareholding of Merina Commotrade Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Merina Commotrade Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2025 | 101035625 | Others | ₹10 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Merina Commotrade Private Limited has 21 court cases on record: 12 filed by Merina Commotrade, 9 filed against it. 3 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 7 | 3 |
| NCLAT | 8 | 0 | 0 |
| High courts | 2 | 1 | 0 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Shubhkamna Buildtech Pvt Ltd Ors | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Mr. Anand Sonbhadra Resolution Professional of Shubhkamna Buildtech Pvt Ltd | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Mr. Anand Sonbhadra Resolution Professional of Shubhkamna Buildtech Pvt Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Shubhkamana Builtech Pvt Ltd Ors | Pending |
To see the full case history of Merina Commotrade 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 Merina Commotrade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merina Commotrade has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCM4261Q1ZT | West Bengal | Active | 02 Aug 2017 |
| 07AAGCM4261Q1ZY | Delhi | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Merina Commotrade Private Limited, buy the company report.
Recent activity
Merina Commotrade Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Navdeep Singh Sethi ceased to be Director on 19 Apr 2024.
3 earlier events are in the company report.
Frequently asked questions
Merina Commotrade is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 08 February 2010 (16+ years old) and is registered under CIN U52390WB2010PTC141885.
Merina Commotrade has 2 current directors:
- Devinder Jeet Singh Sethi - Director
- Sharan Pal Singh Sethi - Director
The latest financial statements of Merina Commotrade 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 Merina Commotrade is 19AAGCM4261Q1ZT, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAGCM4261Q1ZY (Delhi).
The CIN (Corporate Identification Number) of Merina Commotrade is U52390WB2010PTC141885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merina Commotrade has 21 court cases on record: 12 filed by the company and 9 filed against it. 3 are pending. Most are in the district courts.
Merina Commotrade was incorporated on 08 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
Navdeep Singh Sethi ceased to be Director on 19 Apr 2024. Devinder Jeet Singh Sethi was appointed as Director on 12 Feb 2021. Imran Zaki ceased to be Director on 11 Jun 2020. Merina Commotrade has 11 board changes on record in total.
The registered office of Merina Commotrade is at 811 Joy Krishna Paul Road, Kolkata, West Bengal, India – 700038.
Merina Commotrade operates in the real estate and construction industry, in the real estate marketing and sales segment.
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