Sidhimangal Merchants Private Limited

Sidhimangal Merchants Private Limited - business outsourcing in Kolkata, West Bengal, India. Directors, charges & compliance details.
CIN U51909WB2011PTC163381 Incorporated 04 June 2011 ROC Kolkata HQ Kolkata, West Bengal, India
Merged Private Limited Company business outsourcing
Data last updated
Revenue · FY 2022
₹93.65 Lakh
▲ 1205% YoY
Net profit · FY 2022
₹82.2 Lakh
Net margin 87.8%
EBITDA · FY 2022
₹84.38 Lakh
EBITDA margin 90.1%
Authorised capital
₹97 Lakh
Registered with MCA
Paid-up capital
₹97 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date

About Sidhimangal Merchants Private Limited

Data last updated:

Sidhimangal Merchants Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Wellplan Dealcomm Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 04 June 2011.

The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2011PTC163381.

The company had an authorised share capital of ₹97 Lakh and a paid-up capital of ₹97 Lakh. It was led by directors Sanjib Sanghi and Anju Sanghi.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Ideal Exotica Block A 12th Floor Flat 12C 21 Pramatha Chowdhury Sarani, Kolkata, West Bengal, India – 700053.

As per the financials filed for FY 2022, the company reported a revenue of ₹93.65 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹82.2 Lakh (net margin 87.8%) and EBITDA of ₹84.38 Lakh (EBITDA margin 90.1%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 76% over five years.

Court records list 2 cases involving the company, including 2 filed by the company.

Company details

CIN U51909WB2011PTC163381
Registration Number 163381
Incorporation Date 04 June 2011
ROC Kolkata
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Parent Company Wellplan Dealcomm Private Limited
Compliance Status Active Compliant

Contact details

Sidhimangal Merchants 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 Address
    Ideal Exotica Block A 12th Floor Flat 12C 21 Pramatha Chowdhury Sarani, Kolkata, West Bengal, India – 700053
  • Industry
    Business Outsourcing, Business & IT Consulting

To see the full contact details of Sidhimangal Merchants Private Limited, buy the company report.

Comprehensive company report
Sidhimangal Merchants 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 Sidhimangal Merchants is professional, scientific and technical. In detail, this covers management consultancy activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM3Management consultancy activities

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

Financials of Sidhimangal Merchants Private Limited

FY 2022 filings available

Sidhimangal Merchants Private Limited reported revenue of ₹93.65 Lakh (up 1205% YoY) for FY 2022.

Revenue · FY 2022
₹93.65 Lakh ▲ 1205%
Net profit · FY 2022
₹82.2 Lakh margin 87.8%
EBITDA · FY 2022
₹84.38 Lakh margin 90.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 68%
5 years · compounded
▲ 76%
EBITDA CAGR growth
3 years · compounded
▲ 77%
5 years · compounded
▲ 279%

Revenue has grown at a compounded annual rate (CAGR) of 76% over five years. 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 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹93.65 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹84.38 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹82.2 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 2017-18
Profitability
EBITDA Margin90.1%
Net Profit Margin87.8%
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 Sidhimangal Merchants Private Limited, buy the company report.

Board of directors of Sidhimangal Merchants Private Limited

Sidhimangal Merchants has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sanjib SanghiDirector06 Nov 20215 Years 0 MonthsAs last reported
Anju SanghiDirector08 Jul 201115 Years 4 MonthsAs last reported

Peer comparison

Sidhimangal Merchants Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Accruon Ventures Private Limited₹93.67 Lakh (FY 2024)380.0%Delhi, India
JPR Consultancy and Management Services Private Limited₹93.67 Lakh (FY 2015)21.0%Mumbai, Maharashtra, India
Sidhimangal Merchants Private Limitedthis company₹93.65 Lakh (FY 2022)₹82.2 Lakh87.8%1205.0%Kolkata, West Bengal, India
Humminglive Market Network Private Limited₹93.54 Lakh (FY 2021)297.0%Mumbai, Maharashtra, India

To see the full peer comparison of Sidhimangal Merchants Private Limited, buy the company report.

Auditor

Sidhimangal Merchants Private Limited is audited by AMIT KUMAR AGARWALLA for the financial year 2019.

Auditor firmFinancial yearFirm registration number
AMIT KUMAR AGARWALLAFY 2019

Shareholding

The shareholding of Sidhimangal Merchants Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sidhimangal Merchants Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Sidhimangal Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Sidhimangal Merchants Private Limited has 5 board changes on record since 2011: 2 appointments and 3 cessations. The latest: Savitri Sanghi ceased to be Director on 18 Nov 2021.

AGM
Sidhimangal Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Sidhimangal Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kolkata.
Ceased
Savitri Sanghi ceased to be Director.
Appointed
Sanjib Sanghi was appointed as Director.
Ceased
Ajay Yadav ceased to be Director.
Appointed
Anju Sanghi was appointed as Director.
Ceased
Jyoti Sharma ceased to be Director.
Incorporation
04 Jun 2011
Sidhimangal Merchants Private Limited was registered on 04 Jun 2011 with Roc Kolkata & aged 15 years 5 months as per MCA records.

Frequently asked questions

Sidhimangal Merchants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Sidhimangal Merchants was a private limited company based in Kolkata, West Bengal, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 04 June 2011 and is registered under CIN U51909WB2011PTC163381. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Sidhimangal Merchants was incorporated on 04 June 2011. It is registered with the Registrar of Companies, Kolkata.

Sidhimangal Merchants had 2 directors:

The CIN (Corporate Identification Number) of Sidhimangal Merchants is U51909WB2011PTC163381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Sidhimangal Merchants is at Ideal Exotica Block A 12th Floor Flat 12C 21 Pramatha Chowdhury Sarani, Kolkata, West Bengal, India – 700053.

The latest financial statements of Sidhimangal Merchants on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.

Sidhimangal Merchants operated in the business outsourcing industry, in the business and IT consulting segment.

The peers of Sidhimangal Merchants by revenue are Accruon Ventures Private Limited, JPR Consultancy and Management Services Private Limited, Humminglive Market Network Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).

Sidhimangal Merchants has 2 court cases on record: 2 filed by the company.

Savitri Sanghi ceased to be Director on 18 Nov 2021. Sanjib Sanghi was appointed as Director on 06 Nov 2021. Ajay Yadav ceased to be Director on 08 Jul 2011. Sidhimangal Merchants has 5 board changes on record in total.