It is a metals and minerals private limited company based in Asansol, West Bengal, India, established in 2020.
2020 | Asansol, West Bengal, India | ActiveEthical Merchants Private Limited, a active private limited company, was established on 18 November 2020 in Asansol, West Bengal, India. Engaging in materials retail & distribution within the trade sector, it holds CIN: U74999WB2020PTC241359. Registered under ROC Roc Kolkata. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹1.00 M.
Its leadership includes Bimal Kumar Narnolia (Director), Ajay Agarwal (Director). Past directors included Pradeep Bajoria, Sanjay Bajoria, Akash Agarwal. It holds ₹10.20 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Floor-Ground Floor, Apartment-Bani Park Road-Lower Chelidanga Road, Asansol, West Bengal, 713304.
U46909WB2020PTC241359
241359
18 November 2020
₹1.00 M
₹1.00 M
Roc Kolkata
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Bimal Kumar Narnolia | Director | 18 Nov 2020 | Current |
| Ajay Agarwal | Director | 18 Nov 2020 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 25 Mar 2022 | Past |
| Pramod Abcsdd | Director | 25 Mar 2022 | Past |
| Pramod Abcsdd | Director | - | Past |
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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%.
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₹101,983,093.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2025 | Others | ₹1.03 Cr | Open |
| 22 Aug 2025 | Axis Bank Limited | ₹4.57 M | Open |
| 08 Jul 2024 | Hdfc Bank Limited | ₹2.07 M | Open |
| 14 Jun 2024 | Axis Bank Limited | ₹8.50 Cr | Open |
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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.
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The activity A charge with Others amounted to Rs. 10.35 M with Charge ID 101179562 was registered on 06 Nov 2025. was completed.
Progress on Ethical Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
Progress on A charge with Axis Bank Limited amounted to Rs. 4.57 M with Charge ID 101148268 was registered on 22 Aug 2025. was documented.
The activity A charge with Axis Bank Limited of Rs. 85.00 M registered on 14 Jun 2024 with Charge ID 100941406 was modified on 03 Jun 2025. was completed.
Progress on Ethical Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata. was documented.
A charge with Hdfc Bank Limited amounted to Rs. 2.07 M with Charge ID 100986469 was registered on 08 Jul 2024. was recorded as a recent event.
The CIN of Ethical Merchants Private Limited is U46909WB2020PTC241359.
Ethical Merchants Private Limited is headquartered at Floor-Ground Floor, Apartment-Bani Park Road-Lower Chelidanga Road, Asansol, West Bengal, 713304.
Ethical Merchants Private Limited was incorporated on 18 November 2020.
The current directors of Ethical Merchants Private Limited are
The primary industry of Ethical Merchants Private Limited is Trade.
Ethical Merchants Private Limited is unlisted.
The authorized capital of Ethical Merchants Private Limited is ₹1.00 M, and the paid-up capital is ₹1.00 M.
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