About Ragini Merchants Pvt Ltd
Data last updated:
Ragini Merchants Pvt Ltd 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 non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 April 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC079137. Its GSTIN is 19AABCR2917B1ZP (West Bengal).
The company had an authorised share capital of ₹1.65 Cr and a paid-up capital of ₹1.64 Cr. It was led by directors Sanjay Gupta and Jaybindra Thakur.
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 was at 9/1 Syed Amir Ali Avenue 2nd Floor, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.08 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹1.32 Cr (net margin -122.9%) and EBITDA of -₹89.21 Lakh (EBITDA margin -83%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
As per MCA filings, the company had open charges of ₹54.71 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is berryalloys.in.
Company details
Contact details
Ragini Merchants Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is berryalloys.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address9/1 Syed Amir Ali Avenue 2nd Floor, Kolkata, West Bengal, India – 700017
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ragini 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
Business activity
The main business activity of Ragini Merchants 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 Ragini Merchants Pvt Ltd, buy the company report.
Financials of Ragini Merchants Pvt Ltd
FY 2022 filings availableRagini Merchants Pvt Ltd reported revenue of ₹1.08 Cr (down 27% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 141% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.08 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹89.21 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.32 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -83% | ||||
| Net Profit Margin | -122.9% | ||||
| 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 Ragini Merchants Pvt Ltd, buy the company report.
Board of directors of Ragini Merchants Pvt Ltd
Ragini Merchants has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Gupta Also directs: Project Argent Heights LLP, Ushakiran Industries Limited, Captain Industries India Private Limited and 5 more | Director | 17 May 2012 | 14 Years 5 Months | As last reported |
| Jaybindra Thakur Also directs: Berry Alloys Limited, Berry Alloys India Limited, Avator Steel Private Limited and 1 more | Director | 17 May 2012 | 14 Years 5 Months | As last reported |
Peer comparison
Ragini Merchants Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Rishikesh Commercial Company Pvt Ltd | ₹1.15 Cr (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Jayton Trading Pvt.Ltd. | ₹1.14 Cr (FY 2024) | -13.0% | Bowbazar, West Bengal, India | |||
| Supreme Credit Corpn Ltd | ₹1.14 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Chelsea Traders Private Limited | ₹1.14 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Ragini Merchants Pvt Ltdthis company | ₹1.08 Cr (FY 2022) | -₹1.32 Cr | -122.9% | -27.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ragini Merchants Pvt Ltd, buy the company report.
Auditor
Ragini Merchants Pvt Ltd is audited by SANJAY BAJORIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY BAJORIA & ASSOCIATES | FY 2022 | 117443W |
Shareholding
The shareholding of Ragini Merchants Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ragini Merchants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2022 | 100557938 | Bank of Baroda | ₹47.57 Cr | Open | |
| 22 Mar 2021 | 100426054 | Icici Bank Limited | ₹73.61 Lakh | Open | |
| 31 Dec 2014 | 10540297 | Icici Bank Limited | ₹6.4 Cr | Open |
To see the full charge records of Ragini Merchants Pvt Ltd, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ragini Merchants Pvt Ltd has 2 court cases on record: 2 filed by Ragini Merchants. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Ragini Merchants Pvt 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 Ragini Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ragini Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR2917B1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ragini Merchants Pvt Ltd, buy the company report.
Recent activity
Ragini Merchants Pvt Ltd has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Arun Banerjee ceased to be Director on 31 May 2012.
6 earlier events are in the company report.
Frequently asked questions
Ragini 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.
Ragini Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 08 April 1996 and is registered under CIN U51909WB1996PTC079137. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ragini Merchants was incorporated on 08 April 1996. It is registered with the Registrar of Companies, Kolkata.
Ragini Merchants had 2 directors:
- Sanjay Gupta - Director
- Jaybindra Thakur - Director
The CIN (Corporate Identification Number) of Ragini Merchants is U51909WB1996PTC079137. 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 Ragini Merchants is at 91 Syed Amir Ali Avenue 2nd Floor, Kolkata, West Bengal, India – 700017.
Ragini Merchants can be reached through the website berryalloys.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Ragini Merchants 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 GSTIN of Ragini Merchants is 19AABCR2917B1ZP, registered in West Bengal.
Ragini Merchants operated in the financial services industry, in the nbfc segment.
The peers of Ragini Merchants by revenue are Rishikesh Commercial Company Pvt Ltd, Jayton Trading Pvt.Ltd, Supreme Credit Corpn Ltd, Chelsea Traders Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).