Ethical Merchants Private Limited

Manufacturing, processing, refining, and trading of mineral ores and metals globally since 2020.

2020 | Bardhaman, West Bengal (India) | Active
Last Updated:

Ethical Merchants Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 4 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.50 Cr
  • Revenue Growth 125.31%
  • Profit Growth 108.03%
  • Ebitda 274.08%
  • Net Worth 166.50%
  • Total Assets 3.83%

About Ethical Merchants

Ethical Merchants Private Limited (EMPL) is a Private Limited Indian Non-Government Company incorporated in India on 18 November 2020 (Four years and five months 25 days old ). Its registered office is in Bardhaman, West Bengal, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹3.50 Cr.

Ajay Agarwal and Bimal Narnolia serve as directors at the Company.

Company Details

  • Location

    Bardhaman, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999WB2020PTC241359

  • Company No.

    241359

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 2020

  • Date of AGM

    04 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals
Company report

Ethical Merchants Private Limited

Explore comprehensive data for Ethical Merchants Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ethical Merchants?

Board Members (2)

NameDesignationAppointment DateStatus
Ajay Agarwal Country flag representing In Director 18-Nov-2020Current
Bimal Narnolia Country flag representing In Director 18-Nov-2020Current

Financial Performance of Ethical Merchants.

Ethical Merchants Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 125.31% increase. The company also saw a substantial improvement in profitability, with a 108.03% increase in profit. The company's net worth Soared by an impressive increase of 166.5%.

Ethical Merchants revenue growth over time
Ethical Merchants profit and loss trends over time
  • 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
125.31%
Revenue from Operations
125.31%
Total Assets
3.83%
Profit or Loss
108.03%
Net Worth
166.50%
EBITDA
274.08%

What is the Ownership and Shareholding Structure of Ethical Merchants?

Unlock access to Ethical Merchants's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2024Axis Bank Limited₹3.50 CrOpen

How Many Employees Work at Ethical Merchants?

Ethical Merchants has a workforce of 0 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ethical Merchants Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ethical 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 Ethical 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.

Latest Updates, News, and FAQs on Ethical Merchants

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.00 M with Charge ID 100941406 was registered on 14 Jun 2024.

  • Annual General Meeting

    Ethical Merchants Private Limited last Annual general meeting of members was held on 04 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Ethical Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

  • Director Appointment

    Ajay Agarwal was appointed as a Director was appointed as a Director on 18 Nov 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Bimal Kumar Narnolia was appointed as a Director was appointed as a Director on 18 Nov 2020 & has been associated with this company since 4 years 5 months .

  • Company Incorporation

    Ethical Merchants Private Limited was registered on 18 Nov 2020 with Roc Kolkata & aged 4 years 5 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Ethical Merchants Private Limited?

    Ethical Merchants Private Limited was incorporated on 18 Nov 2020.

  • What is authorized share capital and paid-up capital of Ethical Merchants Private Limited?

    The authorized share capital of Ethical Merchants Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Ethical Merchants Private Limited?

    Currently 2 directors are associated with Ethical Merchants Private Limited.

    • Ajay Agarwal
    • Bimal Kumar Narnolia

  • What is the registered address of Ethical Merchants Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ethical Merchants Private Limited is Floor-Ground Floor, Apartment-Bani Park Road-Lower Chelidanga Road India, Asansol, West Bengal, 713304.

  • What is the corporate identification number (CIN) and company number of Ethical Merchants Private Limited?

    The corporate identification number (CIN) of Ethical Merchants Private Limited is U74999WB2020PTC241359 and the company number is 241359 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Ethical Merchants Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ethical Merchants Private Limited has risen by 125.31%.

  • What change has been observed in the net worth of Ethical Merchants Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ethical Merchants Private Limited has experienced an upsurge of 166.50%.

  • What are the total open charges for Ethical Merchants Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ethical Merchants Private Limited amount to ₹ 3.50 Cr.

  • When was the last Balance Sheet of Ethical Merchants Private Limited filed with the ROC?

    The most recent Balance Sheet for Ethical Merchants Private Limited was filed with the ROC on 31 Mar 2023.

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