Raghav Commercial Ltd
About Raghav Commercial Ltd
Data last updated:
Raghav Commercial Ltd was a public 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 non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 31 January 1977.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1977PLC030874. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹19.04 Cr and a paid-up capital of ₹19 Cr. It was led by directors including Jyoti Gupta and Pradeep Agarwal.
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 was at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.01 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹14.47 Cr (net margin 68.9%) and EBITDA of ₹20.3 Cr (EBITDA margin 96.6%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 19% over five years.
As per MCA filings, the company had open charges of ₹1 Cr and satisfied charges of ₹2 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
Company details
CIN history
Raghav Commercial has one previous CIN (Corporate Identification Number): L51909WB1977PLC030874. The current CIN is U51909WB1977PLC030874, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1977PLC030874 | Current |
| L51909WB1977PLC030874 | Previous |
Contact details
Raghav Commercial Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRoom No.303 3rd Floor Gate No.2, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC
To see the full contact details of Raghav Commercial 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 Raghav Commercial 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 Raghav Commercial Ltd, buy the company report.
Financials of Raghav Commercial Ltd
FY 2024 filings availableRaghav Commercial Ltd reported revenue of ₹21.01 Cr (up 41% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA rose 47% 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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| Total Expenses | |||||
| EBITDA | ₹20.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.47 Cr | ||||
| Balance Sheet | |||||
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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 | 96.6% | ||||
| Net Profit Margin | 68.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Raghav Commercial Ltd, buy the company report.
Board of directors and KMP of Raghav Commercial Ltd
Raghav Commercial Ltd currently reports 4 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Gupta | Director | 01 Jul 2020 | 6 Years 4 Months | As last reported |
| Anil Baluni Also directs: Sita Nirman Pvt Ltd, Diplomat Leasing and Finance Private Limited | Ceo | 01 Jul 2023 | 3 Years 4 Months | As last reported |
| Pradeep Agarwal Also directs: Bhilwara Energy Limited, NJC Hydro Power Limited, Chango Yangthang Hydro Power Limited and 1 more | Director | 01 Jul 2020 | 6 Years 4 Months | As last reported |
| Vimal Banka Also directs: Overcap Consultants LLP, Giltedged Industrial Securitied Ltd, Aadi Marketing Company Private Limited and 2 more | Director | 04 Mar 1986 | 40 Years 8 Months | As last reported |
| Arun Mohta | Director | 30 Jun 2020 | 6 Years 4 Months | As last reported |
Peer comparison
Raghav Commercial Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), 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 |
|---|---|---|---|---|---|---|
| National Commodity Clearing Limited | ₹21.18 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Sampurna Financial Services Private Limited | ₹21.1 Cr (FY 2024) | 115.0% | Kolkata, West Bengal, India | |||
| Shivaya Capital Private Limited | ₹21.04 Cr (FY 2025) | 291.0% | Arang, Chhattisgarh, India | |||
| Raghav Commercial Ltdthis company | ₹21.01 Cr (FY 2024) | ₹14.47 Cr | 68.9% | 41.0% | Kolkata, West Bengal, India | |
| Chanson Shipping and Packing Co Pvt Ltd | ₹20.97 Cr (FY 2025) | 589.0% | New Delhi, Delhi, India |
To see the full peer comparison of Raghav Commercial Ltd, buy the company report.
Auditor
Raghav Commercial Ltd is audited by JAINSARAWGEE & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAINSARAWGEE & CO. | FY 2023 | 306087E |
Shareholding
The shareholding of Raghav Commercial 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 Raghav Commercial Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2014 | 10523130 | Icici Bank Limited | ₹2 Cr | Satisfied |
To see the full charge records of Raghav Commercial Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Raghav Commercial Ltd has 4 court cases on record: 3 filed by Raghav Commercial, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, New Delhi Bench Court-II | Original application | Filed by the company | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against Reserve Bank of India & Ors | Disposed |
| High Court of Uttarakhand | Court case (WPMS) | Filed against the company | Disposed |
To see the full case history of Raghav Commercial 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 Raghav Commercial Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Raghav Commercial has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Raghav Commercial has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Raghav Commercial Ltd, buy the company report.
Recent activity
Raghav Commercial Ltd has 13 board changes on record since 1986: 5 appointments and 8 cessations. The latest: Anil Baluni was appointed as CEO on 01 Jul 2023.
6 earlier events are in the company report.
Frequently asked questions
Raghav Commercial 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.
Raghav Commercial was a public limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 31 January 1977 and is registered under CIN U51909WB1977PLC030874. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Raghav Commercial was incorporated on 31 January 1977. It is registered with the Registrar of Companies, Kolkata.
Raghav Commercial had 5 directors and KMP:
- Jyoti Gupta - Director
- Pradeep Agarwal - Director
- Vimal Banka - Director
- Arun Mohta - Director
- Anil Baluni - Ceo
The CIN (Corporate Identification Number) of Raghav Commercial is U51909WB1977PLC030874. 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 Raghav Commercial is at Room No.303 3rd Floor Gate No.2, Poddar Court 18 Rabindra Sarani, Kolkata, West Bengal, India – 700001.
The latest financial statements of Raghav Commercial 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.
No. Raghav Commercial has 1 GST registration on record and it is cancelled or inactive.
Raghav Commercial operated in the financial services industry, in the nbfc segment.
The peers of Raghav Commercial by revenue are National Commodity Clearing Limited, Sampurna Financial Services Private Limited, Shivaya Capital Private Limited, Chanson Shipping and Packing Co Pvt Ltd, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Raghav Commercial has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
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