
Salmar Mart Private Limited
About Salmar Mart Private Limited
Data last updated:
Salmar Mart Private Limited is a private limited company based in Karkala, Karnataka, India. It operates in the online retail and e-commerce segment of the e-commerce sector. It was incorporated on 22 November 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52599KA2022PTC168152. Its GSTIN is 29ABJCS7796L1Z5 (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27 Lakh. It is led by directors including Musthak Ahmad and Furkhan Hussain.
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 is at Welfare Complex Salmar Karkala Post, Karnataka, India – 574104.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.87 Lakh. For the same year it recorded a net loss of ₹3.36 Lakh (net margin -117.4%) and EBITDA of -₹3.14 Lakh (EBITDA margin -109.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Salmar Mart Private Limited's registered office is in Karkala, Karnataka.
- Registered AddressWelfare Complex Salmar Karkala Post, Karnataka, India – 574104
- IndustryE-Commerce, Online Store, Retailers
- 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 Salmar Mart is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Salmar Mart Private Limited, buy the company report.
Financials of Salmar Mart Private Limited
FY 2024 filings availableSalmar Mart Private Limited reported revenue of ₹2.87 Lakh for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹3.14 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹3.36 Lakh | |
| 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -109.6% | |
| Net Profit Margin | -117.4% | |
| 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 Salmar Mart Private Limited, buy the company report.
Board of directors of Salmar Mart Private Limited
Salmar Mart has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Musthak Ahmad | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Furkhan Hussain | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
| Yakub Mohammed Shaikh | Director | 22 Nov 2022 | 3 Years 11 Months | Current |
Peer comparison
Salmar Mart Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Real Worth Commercial Enterprise Private Limited | ₹2.89 Lakh (FY 2025) | 82.0% | Palta, West Bengal, India | |||
| Vi2dcart Private Limited | ₹2.89 Lakh (FY 2025) | 288.0% | Musunuru, Andhra Pradesh, India | |||
| Royees Food Products Private Limited | ₹2.88 Lakh (FY 2025) | -50.0% | Pathanamthitta, Kerala, India | |||
| Unnati Dealers Private Limited | ₹2.87 Lakh (FY 2024) | Lucknow, Uttar Pradesh, India | ||||
| A R C Brazer Private Limited | ₹2.87 Lakh (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Salmar Mart Private Limitedthis company | ₹2.87 Lakh (FY 2024) | -₹3.36 Lakh | -117.4% | Karkala, Karnataka, India | ||
| Amplex Vintrade Private Limited | ₹2.86 Lakh (FY 2025) | 17.0% | Howrah, West Bengal, India | |||
| Risesun Pharmaceutical Private Limited | ₹2.84 Lakh (FY 2025) | Gwalior, Madhya Pradesh, India | ||||
| Swarnlata Brokers & Advisors Private Limited | ₹2.83 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Ltpujari Clothing Private Limited | ₹2.83 Lakh (FY 2025) | -16.0% | Hubli, Karnataka, India | |||
| Charlane Trading Private Limited | ₹2.83 Lakh (FY 2025) | -97.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Salmar Mart Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Salmar Mart 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 Salmar Mart Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Salmar Mart has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABJCS7796L1Z5 | Karnataka | Active | 14 Sep 2023 |
To see the full GST registrations and return filing status of Salmar Mart Private Limited, buy the company report.
Recent activity
Salmar Mart Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Furkhan Hussain was appointed as Director on 22 Nov 2022.
Frequently asked questions
Salmar Mart is an active private limited company based in Karkala, Karnataka, India. The company works in online store, within the e-commerce industry. It was incorporated on 22 November 2022 (4+ years old) and is registered under CIN U52599KA2022PTC168152.
Salmar Mart has 3 current directors:
- Musthak Ahmad - Director
- Furkhan Hussain - Director
- Yakub Mohammed Shaikh - Director
The latest financial statements of Salmar Mart 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 FY 2023 are in the company report.
The GSTIN of Salmar Mart is 29ABJCS7796L1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Salmar Mart is U52599KA2022PTC168152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salmar Mart was incorporated on 22 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Salmar Mart by revenue are Real Worth Commercial Enterprise Private Limited, Vi2dcart Private Limited, Royees Food Products Private Limited, Unnati Dealers Private Limited, A R C Brazer Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Furkhan Hussain was appointed as Director on 22 Nov 2022. Musthak Ahmad was appointed as Director on 22 Nov 2022. Yakub Mohammed Shaikh was appointed as Director on 22 Nov 2022.
The registered office of Salmar Mart is at Welfare Complex Salmar Karkala Post, Karnataka, India – 574104.
Salmar Mart operates in the e-commerce industry, in the online store segment.
The compliance status of Salmar Mart is compliant as of 25 July 2026. The company is actively filing with the Registrar of Companies.