Password Merchants Pvt Ltd
About Password Merchants Pvt Ltd
Data last updated:
Password Merchants Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the wholesale trading and distribution segment of the business services sector. It was incorporated on 11 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2006PTC109302.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors including Sangita Bhatia and Raj Kumar Daga.
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 8/1 Esplanade East Jain House, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.34 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.27 Lakh (net margin 94.9%) and EBITDA of ₹1.32 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Password Merchants Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address8/1 Esplanade East Jain House, Kolkata, West Bengal, India – 700069
- IndustryBusiness Services, Wholesale, Commission Agents, Contractual Work
To see the full contact details of Password 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
Financials of Password Merchants Pvt Ltd
FY 2025 filings availablePassword Merchants Pvt Ltd reported revenue of ₹1.34 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 35% 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 | ₹1.32 Lakh | ||||
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| Net Profit (PAT) | ₹1.27 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 | 98.4% | ||||
| Net Profit Margin | 94.9% | ||||
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To see the full financial statements and ratios of Password Merchants Pvt Ltd, buy the company report.
Board of directors of Password Merchants Pvt Ltd
Password Merchants has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangita Bhatia | Director | 17 Feb 2021 | 5 Years 8 Months | Current |
| Raj Kumar Daga | Director | 17 Feb 2021 | 5 Years 8 Months | Current |
| Sidhartha Sarawgi | Director | 24 Mar 2010 | 16 Years 7 Months | Current |
Auditor
Password Merchants Pvt Ltd is audited by CHOPRA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOPRA & CO | FY 2020 | 308035E |
Shareholding
The shareholding of Password Merchants Pvt Ltd is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Password Merchants Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Password Merchants Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Password Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Password Merchants has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Password Merchants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Password Merchants Pvt Ltd has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Indu Sarawgi ceased to be Director on 18 Feb 2021.
Frequently asked questions
Password Merchants is an active private limited company based in Kolkata, West Bengal, India. The company works in wholesale, within the business services industry. It was incorporated on 11 May 2006 (20+ years old) and is registered under CIN U51109WB2006PTC109302.
Password Merchants has 3 current directors:
- Sangita Bhatia - Director
- Raj Kumar Daga - Director
- Sidhartha Sarawgi - Director
The latest financial statements of Password Merchants 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 CIN (Corporate Identification Number) of Password Merchants is U51109WB2006PTC109302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Password Merchants was incorporated on 11 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Indu Sarawgi ceased to be Director on 18 Feb 2021. Raj Kumar Daga was appointed as Director on 17 Feb 2021. Sangita Bhatia was appointed as Director on 17 Feb 2021. Password Merchants has 8 board changes on record in total.
The registered office of Password Merchants is at 81 Esplanade East Jain House, Kolkata, West Bengal, India – 700069.
Password Merchants operates in the business services industry, in the wholesale segment.
The compliance status of Password Merchants is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
Password Merchants can be reached at its registered office: 81 Esplanade East Jain House, Kolkata, West Bengal, India – 700069.
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