Salona Merchants Pvt Ltd - Company Profile

It is a real estate private limited company based in Kolkata, West Bengal, India, established in 2006.
2006 Kolkata, West Bengal, India Active
Last Updated:
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About Salona Merchants Pvt Ltd

Salona Merchants Pvt Ltd, a active private limited company, was established on 02 March 2006 in Kolkata, West Bengal, India. Engaging in real estate leasing within the real estate sector, it holds CIN: U51109WB2006PTC108434. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹4.60 M and a paid-up capital of ₹4.56 M.

It upholds a compliant status. Its leadership includes Keshav Bangur (Additional Director), Silvestor Simon (Director). Past directors included Rajiv Muchhal, Bimal Kumar Choraria, Chandrashekhar Jha. It holds ₹31.58 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 31 Chowringhee Road, Kolkata, West Bengal, 700016.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U51109WB2006PTC108434

  • Registration Number

    108434

  • Incorporation Date

    02 March 2006

  • Authorized Capital

    ₹4.60 M

  • Paid-Up Capital

    ₹4.56 M

  • ROC Code

    Roc Kolkata

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.60 M
  • Paid Up Capital ₹ 4.56 M
  • Company Age 20 Year, 5 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 31.58 Cr
  • Revenue Growth **** 1494.73%
  • Profit Growth **** 154.81%
  • Ebitda **** -1332.49%
  • Net Worth 0.16%
  • Total Assets -5.29%
Company report

Salona Merchants Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Salona Merchants Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Salona Merchants Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Keshav Bangur Additional Director 30 Mar 2019 Current
Silvestor Simon Director 18 Jan 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Mar 2019 Past
Pramod Abcsdd Director 25 Mar 2015 Past
Pramod Abcsdd Additional Director 14 Oct 2015 Past
Pramod Abcsdd Director 16 May 2011 Past
Pramod Abcsdd Director 19 Oct 2009 Past
Pramod Abcsdd Director 25 Jan 2016 Past

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Financial Performance of Salona Merchants.

Salona Merchants Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 1494.73% increase. The company also saw a substantial improvement in profitability, with a 154.81% increase in profit. The company's net worth moved up by a moderate rise of 0.16%.

Salona Merchants revenue growth over time
Salona Merchants profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 1494.73%
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Revenue from Operations
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*******
*******
*******
*******
Total Assets
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 -5.29%
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*******
*******
*******
Profit or Loss
*******
 154.81%
*******
*******
*******
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Net Worth
*******
 0.16%
*******
*******
*******
*******
EBITDA
*******
 -1332.49%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Salona Merchants?

In 2023, Salona Merchants had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹315,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • State Bank Of India : 22.57 Cr
  • Axis Bank Limited : 9.01 Cr
Latest Charge Details
Date Lender Amount Status
12 Feb 2016 Axis Bank Limited ₹9.01 Cr Open
04 Feb 2013 State Bank Of India ₹22.57 Cr Open

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How Many Employees Work at Salona Merchants?

Unlock and access historical data on people associated with Salona Merchants, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salona Merchants, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Salona Merchants's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Salona Merchants
Recent Activity within the Organization
  • Charges

    Progress on A charge with State Bank Of India of Rs. 225.70 M registered on 04 Feb 2013 with Charge ID 10410824 was modified on 14 Jan 2025. was documented.

  • Annual General Meeting

    Progress on Salona Merchants Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    Salona Merchants Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata. was recorded as a recent event.

  • Charges

    Progress on A charge with Axis Bank Limited of Rs. 90.10 M registered on 12 Feb 2016 with Charge ID 10625085 was modified on 10 Aug 2020. was documented.

  • Director Appointment

    Progress on Keshav Bangur was appointed as a Additional Director was appointed as a Additional Director on 30 Mar 2019 & has been associated with this company since 6 years 11 months . was documented.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 90.10 M with Charge ID 10625085 was registered on 12 Feb 2016. was recorded as a recent event.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Salona Merchants Pvt Ltd?

The CIN of Salona Merchants Pvt Ltd is U51109WB2006PTC108434.

Where is Salona Merchants Pvt Ltd headquartered?

Salona Merchants Pvt Ltd is headquartered at 31 Chowringhee Road, Kolkata, West Bengal, 700016.

When was Salona Merchants Pvt Ltd incorporated?

Salona Merchants Pvt Ltd was incorporated on 02 March 2006.

Who are the current directors of Salona Merchants Pvt Ltd?

The current directors of Salona Merchants Pvt Ltd are

What is the primary industry of Salona Merchants Pvt Ltd?

The primary industry of Salona Merchants Pvt Ltd is Real Estate.

Is Salona Merchants Pvt Ltd a listed company?

Salona Merchants Pvt Ltd is unlisted.

What is the capital structure of Salona Merchants Pvt Ltd?

The authorized capital of Salona Merchants Pvt Ltd is ₹4.60 M, and the paid-up capital is ₹4.56 M.

What is the compliance status of Salona Merchants Pvt Ltd?

The compliance status of Salona Merchants Pvt Ltd is Compliant.

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