Priority Merchants Private Limited
About Priority Merchants Private Limited
Data last updated:
Priority Merchants Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 May 2008.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51109WB2008PTC126221.
The company had an authorised share capital of ₹90 Lakh and a paid-up capital of ₹86.59 Lakh. It was led by directors Abhishek Khatick and Santosh Sonkar.
Its last annual general meeting (AGM) was held on 28 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.35 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.79 Lakh (net margin 3.6%) and EBITDA of ₹6.47 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Priority Merchants 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 Address4 Gangadhar Babu Lane, Ground Floor, Kolkata, West Bengal, India – 700012
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Priority Merchants 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 Priority Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Priority Merchants Private Limited, buy the company report.
Financials of Priority Merchants Private Limited
FY 2023 filings availablePriority Merchants Private Limited reported revenue of ₹1.35 Cr (down 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 5% fall in the latest year. EBITDA fell 70% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹6.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.79 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Priority Merchants Private Limited, buy the company report.
Board of directors of Priority Merchants Private Limited
Priority Merchants has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Khatick Also directs: Skylark Abasan Private Limited, Subway Infrastructure Private Limited, Primerose Abasan Private Limited and 5 more | Director | 08 Mar 2022 | 4 Years 7 Months | As last reported |
| Santosh Sonkar Also directs: Skylark Abasan Private Limited, Subway Infrastructure Private Limited, Primerose Abasan Private Limited and 5 more | Director | 02 Jun 2020 | 6 Years 5 Months | As last reported |
Peer comparison
Priority Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaanuka Collections Private Limited | ₹1.35 Cr (FY 2025) | 12735.0% | Hyderabad, Telangana, India | |||
| Ammini Solar Private Limited | ₹1.35 Cr (FY 2024) | -51.0% | Thiruvananthapuram, Kerala, India | |||
| SLK Wood Products Private Limited | ₹1.35 Cr (FY 2025) | -29.0% | Kolkata, West Bengal, India | |||
| Garima Polymers Private Limited | ₹1.35 Cr (FY 2025) | 44.0% | New Delhi, Delhi, India | |||
| Optcool India Private Limited | ₹1.35 Cr (FY 2025) | 14.0% | Ernakulam, Kerala, India | |||
| Priority Merchants Private Limitedthis company | ₹1.35 Cr (FY 2023) | ₹4.79 Lakh | 3.6% | -5.0% | Kolkata, West Bengal, India | |
| Lifetron Healthcare Private Limited | ₹1.35 Cr (FY 2024) | 10.0% | Kanpur, Uttar Pradesh, India | |||
| Impact Enterprises Pvt Ltd | ₹1.35 Cr (FY 2024) | -79.0% | Panchkula, Haryana, India | |||
| Medyplex Pharmaceutical Private Limited | ₹1.35 Cr (FY 2025) | 31.0% | Surat, Gujarat, India | |||
| Orthosurgimed Solutions Private Limited | ₹1.35 Cr (FY 2024) | 21.0% | Chandigarh, India | |||
| Senthil JDM Pharmacosept Private Limited | ₹1.35 Cr (FY 2025) | -51.0% | Pune, Maharashtra, India |
To see the full peer comparison of Priority Merchants Private Limited, buy the company report.
Auditor
Priority Merchants Private Limited is audited by B.B. & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.B. & CO. | FY 2017 | 327778E |
Shareholding
The shareholding of Priority Merchants 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 category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Priority Merchants Private Limited, buy the company report.
Legal cases
Priority Merchants Private Limited has 1 court case on record: 1 filed by Priority 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, West Bengal | Writ petition | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Priority Merchants 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 Priority Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Priority Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Priority Merchants Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Abhishek Khatick was appointed as Director on 08 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Priority Merchants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Priority Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 28 May 2008 and is registered under CIN U51109WB2008PTC126221. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Priority Merchants was incorporated on 28 May 2008. It is registered with the Registrar of Companies, Kolkata.
Priority Merchants had 2 directors:
- Abhishek Khatick - Director
- Santosh Sonkar - Director
The CIN (Corporate Identification Number) of Priority Merchants is U51109WB2008PTC126221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Priority Merchants is at 4 Gangadhar Babu Lane, Ground Floor, Kolkata, West Bengal, India – 700012.
The latest financial statements of Priority Merchants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 28 August 2023. Year-wise statements from 2015 are in the company report.
Priority Merchants operated in the trading industry, in the other wholesale segment.
The peers of Priority Merchants by revenue are Kaanuka Collections Private Limited, Ammini Solar Private Limited, SLK Wood Products Private Limited, Garima Polymers Private Limited, Optcool India Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Priority Merchants has 1 court case on record: 1 filed by the company.
Abhishek Khatick was appointed as Director on 08 Mar 2022. Bidhan Malick ceased to be Director on 08 Mar 2022. Sudip Sonkar ceased to be Director on 07 Oct 2021. Priority Merchants has 12 board changes on record in total.
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