Pushpak Merchants Private Limited
About Pushpak Merchants Private Limited
Data last updated:
Pushpak Merchants Private Limited was a private limited company based in Raipur, Chhattisgarh, 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 30 August 2007.
The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51109CT2007PTC007310.
The company had an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.01 Cr. It was led by directors Santosh Kumar Dubey and Varun Agrawal.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 27/607 M. G. Road India, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.39 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹38.81 Cr and EBITDA of -₹38.81 Cr. Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 56% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
Company details
CIN history
Pushpak Merchants has one previous CIN (Corporate Identification Number): U51109WB2007PTC118194. The current CIN is U51109CT2007PTC007310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109CT2007PTC007310 | Current |
| U51109WB2007PTC118194 | Previous |
Contact details
Pushpak Merchants Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address27/607 M. G. Road India, Raipur, Chhattisgarh, India – 492001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Pushpak 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 Pushpak 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 Pushpak Merchants Private Limited, buy the company report.
Financials of Pushpak Merchants Private Limited
FY 2023 filings availablePushpak Merchants Private Limited reported revenue of ₹1.39 Lakh (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 11% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.39 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹38.81 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38.81 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Pushpak Merchants Private Limited, buy the company report.
Board of directors of Pushpak Merchants Private Limited
Pushpak Merchants has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Dubey Also directs: MSD Properties Ltd, Mansarobar Vanijya Private Limited, Innocent Vanijya Private Limited and 3 more | Director | 28 Oct 2010 | 16 Years 0 Months | As last reported |
| Varun Agrawal Also directs: Sunny Breads and Bakeries Pvt Ltd, Vidarbhaa Ispat Private Limited, Galaxee Liosioning Pvt Ltd and 2 more | Director | 01 Sep 2014 | 12 Years 2 Months | As last reported |
Peer comparison
Pushpak 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 |
|---|---|---|---|---|---|---|
| Afloramaks Service Private Limited | ₹1.4 Lakh (FY 2024) | Korba, Chhattisgarh, India | ||||
| Handcrafted India Export Private Limited | ₹1.4 Lakh (FY 2022) | Bhubaneswar, Odisha, India | ||||
| Teenlok Infratech Private Limited | ₹1.4 Lakh (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Sigma Stones Pvt Ltd | ₹1.39 Lakh (FY 2025) | -99.0% | Indore, Madhya Pradesh, India | |||
| Dharani Freshganic Naturals Private Limited | ₹1.39 Lakh (FY 2020) | -17.0% | Bangalore, Karnataka, India | |||
| Pushpak Merchants Private Limitedthis company | ₹1.39 Lakh (FY 2023) | -₹38.81 Cr | 11.0% | Raipur, Chhattisgarh, India | ||
| Dagligen Care (I) Private Limited | ₹1.39 Lakh (FY 2025) | -99.0% | Bhilai, Chhattisgarh, India | |||
| VRS Healthcare Private Limited | ₹1.39 Lakh (FY 2025) | -54.0% | Lucknow, Uttar Pradesh, India | |||
| Jai Apex Poly Packers Private Limited | ₹1.39 Lakh (FY 2021) | 14.0% | Howrah, West Bengal, India | |||
| Alpha Mercantiles Private Limited | ₹1.39 Lakh (FY 2017) | 66.0% | Delhi, India | |||
| Factio Fashion Private Limited | ₹1.39 Lakh (FY 2025) | -4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Pushpak Merchants Private Limited, buy the company report.
Auditor
Pushpak Merchants Private Limited is audited by JYOTI AGRAWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOTI AGRAWAL & CO | FY 2023 | 003508C |
Shareholding
The shareholding of Pushpak Merchants Private Limited 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 Pushpak Merchants Private Limited, buy the company report.
Legal cases
Pushpak Merchants Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by Deputy Commissioner of Income Tax 1(1) Deputy Commissioner of Income Tax 1(1) Raipur , District: Raipur ,Raipur , Chhattisgarh | Disposed |
| High Court | Court case (TAXC) | Filed against the company by Deputy Commissioner of Incom Tax | Disposed |
To see the full case history of Pushpak 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 Pushpak Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pushpak Merchants has 5 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Pushpak Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Pushpak Merchants Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Subhash Chand Agrawal ceased to be Director on 02 Sep 2014.
Frequently asked questions
Pushpak 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.
Pushpak Merchants was a private limited company based in Raipur, Chhattisgarh, India. The company worked in other wholesale, within the trading industry. It was incorporated on 30 August 2007 and is registered under CIN U51109CT2007PTC007310. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pushpak Merchants was incorporated on 30 August 2007. It is registered with the Registrar of Companies, Chhattisgarh.
Pushpak Merchants had 2 directors:
- Santosh Kumar Dubey - Director
- Varun Agrawal - Director
The CIN (Corporate Identification Number) of Pushpak Merchants is U51109CT2007PTC007310. 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 Pushpak Merchants is at 27607 M. G. Road India, Raipur, Chhattisgarh, India – 492001.
The latest financial statements of Pushpak Merchants on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
Pushpak Merchants operated in the trading industry, in the other wholesale segment.
The peers of Pushpak Merchants by revenue are Afloramaks Service Private Limited, Handcrafted India Export Private Limited, Teenlok Infratech Private Limited, Sigma Stones Pvt Ltd, Dharani Freshganic Naturals Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Pushpak Merchants has 2 court cases on record: 2 filed against it. Most are in the high courts.
Subhash Chand Agrawal ceased to be Director on 02 Sep 2014. Varun Agrawal was appointed as Director on 01 Sep 2014. Bhagdev Roy ceased to be Director on 01 Mar 2011. Pushpak Merchants has 6 board changes on record in total.
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