Quartz Mercantiles Pvt. Ltd.
About Quartz Mercantiles Pvt. Ltd.
Data last updated:
Quartz Mercantiles Pvt. Ltd. is a private limited company based in Howrah, West Bengal, India. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 16 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1993PTC059134.
The company has an authorised share capital of ₹2.27 Cr and a paid-up capital of ₹2.27 Cr. It is led by directors Sachin Seth and Abhjit Sardar.
Its last annual general meeting (AGM) was held on 29 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 15/5/6 Olabibitala 1st Bye Lane Lp – 480/7, Howrah, West Bengal, India – 711104.
As per the financials filed for FY 2022, the company reported a revenue of ₹16,500, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹6,060 (net margin -36.7%) and EBITDA of -₹6,060 (EBITDA margin -36.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 22% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Quartz Mercantiles Pvt. Ltd.'s registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15/5/6 Olabibitala 1st Bye Lane Lp – 480/7, Howrah, West Bengal, India – 711104
- IndustryFinancial Services, Financial & Credit Leasing
To see the full contact details of Quartz Mercantiles 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 Quartz Mercantiles Pvt. Ltd.
FY 2022 filings availableQuartz Mercantiles Pvt. Ltd. reported revenue of ₹16,500 (down 11% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 11% fall in the latest year. EBITDA fell 65% 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
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| EBITDA | -₹6,060 | ||||
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| Net Profit (PAT) | -₹6,060 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | -36.7% | ||||
| Net Profit Margin | -36.7% | ||||
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To see the full financial statements and ratios of Quartz Mercantiles Pvt. Ltd., buy the company report.
Board of directors of Quartz Mercantiles Pvt. Ltd.
Quartz Mercantiles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Seth Also directs: Creative Commodeal Private Limited, Smooth Impex Private Limited, Logan Impex Private Limited and 5 more | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
| Abhjit Sardar Also directs: Creative Commodeal Private Limited, Smooth Impex Private Limited, Logan Impex Private Limited and 5 more | Director | 18 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Quartz Mercantiles Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chetani Vineeyog Pvt. Ltd. | ₹17,700 (FY 2022) | 11.0% | Uluberia, West Bengal, India | |||
| Guru Kirpa Finvest Limited | ₹17,500 (FY 2025) | -92.0% | Kolkata, West Bengal, India | |||
| Frontier Vanijya Pvt Ltd | ₹17,000 (FY 2022) | 26.0% | Howrah, West Bengal, India | |||
| Cloret Investments Private Limited | ₹16,932 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Shubh Shanti Services Ltd | ₹16,788 (FY 2019) | -96.0% | Kolkata, West Bengal, India | |||
| Quartz Mercantiles Pvt. Ltd.this company | ₹16,500 (FY 2022) | -₹6,060 | -36.7% | -11.0% | Howrah, West Bengal, India | |
| Ganpati Riverside Pvt Ltd. | ₹16,000 (FY 2022) | 5.0% | Uluberia, West Bengal, India | |||
| Himalaya Fincon Pvt. Ltd. | ₹16,000 (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Murray Financial Services Private Limited | ₹15,858 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Total Investments Private Limited | ₹15,820 (FY 2025) | -100.0% | Mumbai, Maharashtra, India | |||
| Joindre Finance Private Limited | ₹15,784 (FY 2023) | -99.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Quartz Mercantiles Pvt. Ltd., buy the company report.
Auditor
Quartz Mercantiles Pvt. Ltd. is audited by PARASURAM KUMAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARASURAM KUMAR & CO | FY 2017 | 322327E |
Shareholding
The shareholding of Quartz Mercantiles Pvt. Ltd. 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 Quartz Mercantiles Pvt. Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Quartz Mercantiles 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 Quartz Mercantiles Pvt. Ltd.; 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 Quartz Mercantiles Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Quartz Mercantiles Pvt. Ltd. has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Abhjit Sardar was appointed as Director on 18 Mar 2024.
Frequently asked questions
Quartz Mercantiles is an active private limited company based in Howrah, West Bengal, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 16 June 1993 (33+ years old) and is registered under CIN U51909WB1993PTC059134.
Quartz Mercantiles has 2 current directors:
- Sachin Seth - Director
- Abhjit Sardar - Director
The latest financial statements of Quartz Mercantiles on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Quartz Mercantiles is U51909WB1993PTC059134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quartz Mercantiles was incorporated on 16 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Quartz Mercantiles by revenue are Chetani Vineeyog Pvt. Ltd, Guru Kirpa Finvest Limited, Frontier Vanijya Pvt Ltd, Cloret Investments Private Limited, Shubh Shanti Services Ltd and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Abhjit Sardar was appointed as Director on 18 Mar 2024. Sachin Seth was appointed as Director on 18 Mar 2024. Bivas Barman ceased to be Additional Director on 30 Sep 2021. Quartz Mercantiles has 8 board changes on record in total.
The registered office of Quartz Mercantiles is at 1556 Olabibitala 1st Bye Lane Lp – 4807, Howrah, West Bengal, India – 711104.
Quartz Mercantiles operates in the financial services industry, in the financial and credit leasing segment.
The compliance status of Quartz Mercantiles is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
Quartz Mercantiles can be reached at its registered office: 1556 Olabibitala 1st Bye Lane Lp – 4807, Howrah, West Bengal, India – 711104.
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