About Saath Merchants Private Limited
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Saath Merchants Private Limited is a private limited company based in Chandigarh, India. It operates in the forex services segment of the financial services sector. It was incorporated on 16 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74999CH2018PTC042221. Its GSTIN is 04ABBCS0126L1ZN (Chandigarh).
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹26 Lakh. It is led by directors Kavita Walia and Amit Walia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at SCO 70 First Floor Sector 30 C, Chandigarh, India – 160030.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.9 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹28,551 (net margin 0.3%) and EBITDA of ₹2.28 Lakh (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
For more details, the company can be reached via its website saathtravels.com.
Company details
Contact details
Saath Merchants Private Limited's registered office is in Chandigarh, Chandigarh. Its website is saathtravels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSCO 70 First Floor Sector 30 C, Chandigarh, India – 160030
- IndustryFinancial Services, Forex Services
To see the full contact details of Saath 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 Saath 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 Saath Merchants Private Limited, buy the company report.
Financials of Saath Merchants Private Limited
FY 2025 filings availableSaath Merchants Private Limited reported revenue of ₹89.9 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 59% fall in the latest year. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.28 Lakh | ||||
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| Net Profit (PAT) | ₹28,551 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Saath Merchants Private Limited, buy the company report.
Board of directors of Saath Merchants Private Limited
Saath Merchants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kavita Walia Also directs: Saath Excursions Private Limited | Director | 16 Oct 2018 | 8 Years 0 Months | Current |
| Amit Walia Also directs: Saath Excursions Private Limited | Director | 16 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Saath Merchants Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Money Exchange 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 |
|---|---|---|---|---|---|---|
| Ayan Ahan Forex & Travels Private Limited | ₹96.48 Lakh (FY 2018) | Kolkata, West Bengal, India | ||||
| Saath Merchants Private Limitedthis company | ₹89.9 Lakh (FY 2025) | ₹28,551 | 0.3% | -59.0% | Chandigarh, India | |
| Riya Money Exchange Private Limited | ₹89.62 Lakh (FY 2021) | -76.0% | Tirunelveli, Tamil Nadu, India | |||
| Janta Forex Private Limited | ₹87.71 Lakh (FY 2025) | -42.0% | Pehowa, Haryana, India | |||
| Revolut Forex India Private Limited | ₹87.67 Lakh (FY 2025) | 137.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Saath Merchants Private Limited, buy the company report.
Auditor
Saath Merchants Private Limited is audited by BECTOR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BECTOR & ASSOCIATES | FY 2023 | 019947N |
Shareholding
The shareholding of Saath 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 Saath Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Saath Merchants Private Limited 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 Saath Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saath Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04ABBCS0126L1ZN | Chandigarh | Active | 15 Nov 2018 |
To see the full GST registrations and return filing status of Saath Merchants Private Limited, buy the company report.
Recent activity
Saath Merchants Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Amit Walia was appointed as Director on 16 Oct 2018.
Frequently asked questions
Saath Merchants is an active private limited company based in Chandigarh, India. The company works in forex services, within the financial services industry. It was incorporated on 16 October 2018 (8+ years old) and is registered under CIN U74999CH2018PTC042221.
Saath Merchants has 2 current directors:
- Kavita Walia - Director
- Amit Walia - Director
The latest financial statements of Saath Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Saath Merchants is 04ABBCS0126L1ZN, registered in Chandigarh.
The CIN (Corporate Identification Number) of Saath Merchants is U74999CH2018PTC042221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saath Merchants was incorporated on 16 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Saath Merchants by revenue are Ayan Ahan Forex & Travels Private Limited, Riya Money Exchange Private Limited, Janta Forex Private Limited, Revolut Forex India Private Limited, all in the BFSI industry (Money Exchange Services), with the same principal business activity (other financial activities).
Amit Walia was appointed as Director on 16 Oct 2018. Kavita Walia was appointed as Director on 16 Oct 2018.
Saath Merchants can be reached through the website saathtravels.com. Its registered office is in Chandigarh, India.
The registered office of Saath Merchants is at SCO 70 First Floor Sector 30 C, Chandigarh, India – 160030.
Saath Merchants operates in the financial services industry, in the forex services segment.
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