
Pan Merchants Pvt Ltd
About Pan Merchants Pvt Ltd
Data last updated:
Pan Merchants Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 26 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51398WB1993PTC057931. Its GSTIN is 27AABCP6734C1ZL (Maharashtra).
The company has an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹5.08 Cr. It is led by directors Mahesh Prabhakarrao Deshpande and Santosh Suresh Chavan.
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 Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.38 Lakh (net margin 0%) and EBITDA of ₹37.99 Cr (EBITDA margin 96%). Revenue has grown at a compounded annual rate (CAGR) of 468% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Pan Merchants Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. 319 18 Rabindra Sarani 3rd Floor Gate No. 1, Poddar Court, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Pan Merchants Pvt Ltd, 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 Pan Merchants is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Pan Merchants Pvt Ltd, buy the company report.
Financials of Pan Merchants Pvt Ltd
FY 2024 filings availablePan Merchants Pvt Ltd reported revenue of ₹39.57 Cr (up 608% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 468% over five years, including 608% growth in the latest year. EBITDA rose 670% 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 | ₹37.99 Cr | ||||
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| Net Profit (PAT) | ₹1.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Pan Merchants Pvt Ltd, buy the company report.
Board of directors of Pan Merchants Pvt Ltd
Pan Merchants has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Prabhakarrao Deshpande | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Santosh Suresh Chavan | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Pan Merchants Pvt Ltd is compared with the 9 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khandelwal Finance Pvt Ltd | ₹40.56 Cr (FY 2020) | 5235.0% | Kolkata, West Bengal, India | |||
| Ashok Investors Trust Limited. | ₹40.41 Cr (FY 2025) | 317.0% | Mumbai, Maharashtra, India | |||
| Aadhar Financial Services Limited | ₹40.09 Cr (FY 2024) | 55.0% | New Delhi, Delhi, India | |||
| Gwalior Webbing Co. Pvt. Ltd. | ₹39.81 Cr (FY 2025) | 216.0% | Kolkata, West Bengal, India | |||
| Gaurav Commodeal Private Limited | ₹39.74 Cr (FY 2023) | 95.0% | Kolkata, West Bengal, India | |||
| Pan Merchants Pvt Ltdthis company | ₹39.57 Cr (FY 2024) | ₹1.38 Lakh | 0% | 608.0% | Kolkata, West Bengal, India | |
| Maharashtra Cooperative Development Corporation Limited | ₹39.51 Cr (FY 2022) | 291.0% | Pune, Maharashtra, India | |||
| Sterling Megabucks Pvt. Ltd. | ₹39.25 Cr (FY 2025) | 117.0% | Kolkata, West Bengal, India | |||
| S K Growth Fund Pvt Ltd | ₹39.2 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Asish Finance Private Limited | ₹39.01 Cr (FY 2024) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Pan Merchants Pvt Ltd, buy the company report.
Auditor
Pan Merchants Pvt Ltd is audited by N.H.VARIAVA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.H.VARIAVA & CO | FY 2023 | 153265W |
Shareholding
The shareholding of Pan Merchants Pvt Ltd 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 Pan Merchants Pvt Ltd, buy the company report.
Legal cases
Pan Merchants Pvt Ltd has 1 court case on record: 1 filed by Pan Merchants. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Civil suit | Filed by the company against The Bank of Rajasthan Ltd. | Disposed |
To see the full case history of Pan Merchants Pvt Ltd, 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 Pan Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pan Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP6734C1ZL | Maharashtra | Active | 10 Jan 2024 |
To see the full GST registrations and return filing status of Pan Merchants Pvt Ltd, buy the company report.
Recent activity
Pan Merchants Pvt Ltd has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Mahesh Prabhakarrao Deshpande ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Pan Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 26 February 1993 (33+ years old) and is registered under CIN U51398WB1993PTC057931.
Pan Merchants has 2 current directors:
- Mahesh Prabhakarrao Deshpande - Director
- Santosh Suresh Chavan - Director
The latest financial statements of Pan Merchants 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 GSTIN of Pan Merchants is 27AABCP6734C1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pan Merchants is U51398WB1993PTC057931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pan Merchants has 1 court case on record: 1 filed by the company.
Pan Merchants was incorporated on 26 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Pan Merchants by revenue are Khandelwal Finance Pvt Ltd, Ashok Investors Trust Limited, Aadhar Financial Services Limited, Gwalior Webbing Co. Pvt. Ltd, Gaurav Commodeal Private Limited and 4 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Mahesh Prabhakarrao Deshpande ceased to be Additional Director on 30 Sep 2022. Santosh Suresh Chavan ceased to be Additional Director on 30 Sep 2022. Navin Chandra Sharma ceased to be Director on 01 Sep 2022. Pan Merchants has 7 board changes on record in total.
The registered office of Pan Merchants is at Flat No. 319 18 Rabindra Sarani 3rd Floor Gate No. 1, Poddar Court, Kolkata, West Bengal, India – 700001.
Pan Merchants operates in the financial services industry, in the nbfc segment.

