Shanti Merchandise Private Limited

Shanti Merchandise Private Limited - consumer electronics & durables in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U51909WB2007PTC117532 Incorporated 31 July 2007 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2018
₹28.74 Cr
▼ 35% YoY
Net loss · FY 2018
₹5.48 Cr
Net margin -19.1%
EBITDA · FY 2018
-₹4.54 Cr
EBITDA margin -15.8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹16.9 Lakh
Issued & subscribed
Open charges
₹27 Cr
Satisfied ₹4 Cr
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings

About Shanti Merchandise Private Limited

Data last updated:

Shanti Merchandise Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 31 July 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PTC117532. Its GSTIN is 19AALCS0717Q1ZP (West Bengal).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.9 Lakh. It was formerly known as Shanti Telesolutions Private Limited. It is led by directors Sheo Prasad Agarwal and Indranand Choudhary.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 131/16 N.S.C Bose Road Regent Park, Kolkata, West Bengal, India – 700040.

As per the financials filed for FY 2018, the company reported a revenue of ₹28.74 Cr, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹5.48 Cr (net margin -19.1%) and EBITDA of -₹4.54 Cr (EBITDA margin -15.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.

As per MCA filings, the company has open charges of ₹27 Cr and satisfied charges of ₹4 Cr on record. Court records list 25 cases involving the company, including 24 filed by the company and 1 filed against it; 6 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909WB2007PTC117532
Registration Number 117532
Incorporation Date 31 July 2007
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant

Contact details

Shanti Merchandise Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.

  • Email
  • Registered Address
    131/16 N.S.C Bose Road Regent Park, Kolkata, West Bengal, India – 700040
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Shanti Merchandise Private Limited, buy the company report.

Comprehensive company report
Shanti Merchandise Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Shanti Merchandise is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Shanti Merchandise Private Limited, buy the company report.

Financials of Shanti Merchandise Private Limited

FY 2018 filings available

Shanti Merchandise Private Limited reported revenue of ₹28.74 Cr (down 35% YoY) for FY 2018.

Revenue · FY 2018
₹28.74 Cr ▼ 35%
Net loss · FY 2018
₹5.48 Cr margin -19.1%
EBITDA · FY 2018
-₹4.54 Cr margin -15.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 582%
3 years · compounded
▼ 89%

Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 35% fall in the latest year. EBITDA fell 582% 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations₹28.74 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹4.54 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.48 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-15.8%
Net Profit Margin-19.1%
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 Shanti Merchandise Private Limited, buy the company report.

Board of directors of Shanti Merchandise Private Limited

Shanti Merchandise has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Indranand ChoudharyAdditional Director05 Feb 20206 Years 9 MonthsCurrent
Sheo Prasad AgarwalDirector31 Jul 200719 Years 3 MonthsCurrent

Peer comparison

Shanti Merchandise Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Fortune Technocomps Pvt Ltd₹28.88 Cr (FY 2025)41.0%New Delhi, Delhi, India
Spectra Connectronics Private Limited₹28.77 Cr (FY 2016)-5.0%Mumbai, Maharashtra, India
Jolly Electricals Private Limited₹28.74 Cr (FY 2025)-19.0%Vadodara, Gujarat, India
Shanti Merchandise Private Limitedthis company₹28.74 Cr (FY 2018)-₹5.48 Cr-19.1%-35.0%Kolkata, West Bengal, India
Fuevation Technology Solutions Private Limited₹28.73 Cr (FY 2024)11.0%New Delhi, Delhi, India
Imgod Technologies Private Limited₹28.56 Cr (FY 2021)-14.0%New Delhi, Delhi, India

To see the full peer comparison of Shanti Merchandise Private Limited, buy the company report.

Auditor

Shanti Merchandise Private Limited is audited by S A R P & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
S A R P & ASSOCIATESFY 2018007375C

Shareholding

The shareholding of Shanti Merchandise Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Shanti Merchandise Private Limited, buy the company report.

Charges & borrowings

Open charges
₹27 Cr
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Axis Bank Limited₹25.00 Cr
Others₹2.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Feb 201610627028Others₹2 CrOpen
08 Jun 201110291161Axis Bank Limited₹20 CrOpen
01 Feb 201110265732Axis Bank Limited₹5 CrOpen
30 Nov 200910194813Indian Bank₹4 CrSatisfied

To see the full charge records of Shanti Merchandise Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Shanti Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Shanti Merchandise has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AALCS0717Q1ZPWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Shanti Merchandise Private Limited, buy the company report.

Recent activity

Shanti Merchandise Private Limited has 11 board changes on record since 2007: 2 appointments and 9 cessations. The latest: Indranand Choudhary was appointed as Additional Director on 05 Feb 2020.

Appointed
Indranand Choudhary was appointed as Additional Director.
Ceased
Anuja Agarwal ceased to be Director.
AGM
Shanti Merchandise Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Shanti Merchandise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Kolkata I.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 24 Feb 2016 with Charge ID 10627028 was modified on 06 May 2016.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 10627028 was registered on 24 Feb 2016.
Ceased
Aditya Vikram Agarwal ceased to be Additional Director.
Ceased
Praveen Kumar Agarwal ceased to be Director.
Ceased
Prapti Agarwal ceased to be Director.
Ceased
Sneha Agarwal ceased to be Director.
Charges
A charge with Axis Bank Limited of Rs. 2,000.00 Lakh registered on 08 Jun 2011 with Charge ID 10291161 was modified on 29 Jan 2013.
Charges
A charge with Axis Bank Limited amounted to Rs. 2,000.00 Lakh with Charge ID 10291161 was registered on 08 Jun 2011.

9 earlier events are in the company report.

Frequently asked questions

Shanti Merchandise is an active private limited company based in Kolkata, West Bengal, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 31 July 2007 (19+ years old) and is registered under CIN U51909WB2007PTC117532.

Shanti Merchandise has 2 current directors:

The latest financial statements of Shanti Merchandise on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

The GSTIN of Shanti Merchandise is 19AALCS0717Q1ZP, registered in West Bengal.

The CIN (Corporate Identification Number) of Shanti Merchandise is U51909WB2007PTC117532. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Shanti Merchandise has 25 court cases on record: 24 filed by the company and 1 filed against it. 6 are pending. Most are in the district courts.

Shanti Merchandise was incorporated on 31 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of Shanti Merchandise by revenue are Fortune Technocomps Pvt Ltd, Spectra Connectronics Private Limited, Jolly Electricals Private Limited, Fuevation Technology Solutions Private Limited, Imgod Technologies Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).

Indranand Choudhary was appointed as Additional Director on 05 Feb 2020. Anuja Agarwal ceased to be Director on 15 Sep 2019. Aditya Vikram Agarwal ceased to be Additional Director on 22 Nov 2013. Shanti Merchandise has 11 board changes on record in total.

The registered office of Shanti Merchandise is at 13116 N.S.C Bose Road Regent Park, Kolkata, West Bengal, India – 700040.

Shanti Merchandise operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.