Salsify Mercantile Private Limited
About Salsify Mercantile Private Limited
Data last updated:
Salsify Mercantile Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 26 March 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2010PTC144484. Its GSTIN is 19AAOCS0431N1ZX (West Bengal).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.5 Lakh. It was led by directors Anita Hamirbasia and Aloke Kumar Hamirbasia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 51 Bhupen Bose Avenue, Kolkata, West Bengal, India – 700004.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.05 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹1,087 (net margin 0.5%) and EBITDA of ₹8,211 (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 14% over five years.
Company details
Contact details
Salsify Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address51 Bhupen Bose Avenue, Kolkata, West Bengal, India – 700004
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Salsify Mercantile 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 Salsify Mercantile is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Salsify Mercantile Private Limited, buy the company report.
Financials of Salsify Mercantile Private Limited
FY 2023 filings availableSalsify Mercantile Private Limited reported revenue of ₹2.05 Lakh (up 5% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 5% growth in the latest year. EBITDA fell 32% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹8,211 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,087 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Salsify Mercantile Private Limited, buy the company report.
Board of directors of Salsify Mercantile Private Limited
Salsify Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Hamirbasia Also directs: Salsify Mercantile LLP, Kinship Merchants LLP | Director | 05 Mar 2012 | 14 Years 7 Months | As last reported |
| Aloke Kumar Hamirbasia Also directs: Salsify Mercantile LLP, Kinship Merchants LLP | Director | 05 Mar 2012 | 14 Years 7 Months | As last reported |
Peer comparison
Salsify Mercantile Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Harhu Technologies Private Limited | ₹2.05 Lakh (FY 2025) | -68.0% | Rajkot, Gujarat, India | |||
| Catalysts Strategic Consulting Private Limited | ₹2.05 Lakh (FY 2020) | -65.0% | Kozhikode, Kerala, India | |||
| Bhore Engineering Consultants (OPC) Private Limited | ₹2.05 Lakh (FY 2025) | 72.0% | Nagpur, Maharashtra, India | |||
| Bdra Consultancy Private Limited | ₹2.05 Lakh (FY 2023) | -32.0% | New Delhi, Delhi, India | |||
| Madras Aviation (OPC) Private Limited | ₹2.05 Lakh (FY 2023) | Cuddalore, Tamil Nadu, India | ||||
| Salsify Mercantile Private Limitedthis company | ₹2.05 Lakh (FY 2023) | ₹1,087 | 0.5% | 5.0% | Kolkata, West Bengal, India | |
| Buddy Baggage Optimization Private Limited | ₹2.05 Lakh (FY 2024) | Firozabad, Uttar Pradesh, India | ||||
| Samrajya Event Management Private Limited | ₹2.05 Lakh (FY 2019) | 143.0% | Rajkot, Gujarat, India | |||
| Gunishka Consulting Private Limited | ₹2.04 Lakh (FY 2025) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Salsify Mercantile Private Limited, buy the company report.
Auditor
Salsify Mercantile Private Limited is audited by P.K.JAISWAL &Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.JAISWAL &Co. | FY 2017 | 326643E |
Shareholding
The shareholding of Salsify Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Salsify Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Salsify Mercantile 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 Salsify Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Salsify Mercantile has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
Salsify Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAOCS0431N1ZX | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Salsify Mercantile Private Limited, buy the company report.
Recent activity
Salsify Mercantile Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Aloke Kumar Hamirbasia was appointed as Director on 05 Mar 2012.
Frequently asked questions
Salsify Mercantile has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Salsify Mercantile was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 26 March 2010 and is registered under CIN U51909WB2010PTC144484. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Salsify Mercantile is U51909WB2010PTC144484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salsify Mercantile had 2 directors:
- Anita Hamirbasia - Director
- Aloke Kumar Hamirbasia - Director
Salsify Mercantile was incorporated on 26 March 2010. It is registered with the Registrar of Companies, Kolkata.
The registered office of Salsify Mercantile is at 51 Bhupen Bose Avenue, Kolkata, West Bengal, India – 700004.
The latest financial statements of Salsify Mercantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Salsify Mercantile is 19AAOCS0431N1ZX, registered in West Bengal.
Salsify Mercantile operated in the trading industry, in the other wholesale segment.
The peers of Salsify Mercantile by revenue are Harhu Technologies Private Limited, Catalysts Strategic Consulting Private Limited, Bhore Engineering Consultants (OPC) Private Limited, Bdra Consultancy Private Limited, Madras Aviation (OPC) Private Limited and 3 more, all in the same principal business activity (other professional, scientific and technical activities).
Aloke Kumar Hamirbasia was appointed as Director on 05 Mar 2012. Anita Hamirbasia was appointed as Director on 05 Mar 2012. Ayush Hamirbasia ceased to be Director on 05 Mar 2012. Salsify Mercantile has 4 board changes on record in total.