Herald Commerce Ltd

Founded in 1982 and headquartered in West Bengal, India.

1982 | Kolkata, West Bengal (India) | Active
Last Updated: December 24, 2024

Herald Commerce Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 20.90 Cr
  • Company Age 42 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -33.28%
  • Profit Growth -50.77%
  • Ebitda -44.24%
  • Net Worth 19.21%
  • Total Assets 4.75%

About Herald Commerce

Herald Commerce Ltd (HCL) is a Public Limited Indian Non-Government Company incorporated in India on 16 October 1982 and has a history of 42 years and four months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 21.00 Cr and a paid-up capital of Rs 20.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Herald Commerce Ltd India are Rupam Bajaj as COMPANY SECRETARY and Shyam Chatterjee as Cfo. Purnna Barik, Bikash Adhikary, Rohit Sahu, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    heraldcommerce.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51909WB1982PLC035364

  • Company No.

    035364

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1982

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Financial Services

Who are the key members and board of directors at Herald Commerce?

Executive Team (3)

NameDesignationAppointment DateStatus
Rupam Bajaj Company Secretary01-Jul-2022Current
Shyam Chatterjee Country flag representing In CFO18-Apr-2019Current
Prabhat Jain Country flag representing In Managing Director14-Aug-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Purnna Barik Country flag representing In Director 20-Jul-2015Current
Bikash Adhikary Country flag representing In Director 11-Nov-2017Current
Rohit Sahu Country flag representing In Director 19-Aug-2019Current
Krishna Banerjee Country flag representing In Director 25-Mar-2015Current

Financial Performance of Herald Commerce.

Herald Commerce Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.28% decrease. The company also saw a substantial fall in profitability, with a 50.77% decrease in profit. The company's net worth Soared by an impressive increase of 19.21%.

Graph illustrating revenue growth over time
Graph showing 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
-33.28%
Revenue from Operations
-33.28%
Total Assets
4.75%
Profit or Loss
-50.77%
Net Worth
19.21%
EBITDA
-44.24%

What is the Ownership and Shareholding Structure of Herald Commerce?

In 2022, Herald Commerce had a promoter holding of 1.04% and a public holding of 98.96%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Herald Commerce?

Unlock and access historical data on people associated with Herald Commerce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Herald Commerce, 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 Herald Commerce'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 Herald Commerce

Recent activity within the organization

  • Annual General Meeting

    Herald Commerce Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Herald Commerce Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Prabhat Jain was appointed as a Managing Director was appointed as a Managing Director on 14 Aug 2023 & has been associated with this company since 1 year 6 months .

    14 Aug 2023

  • Director Appointment

    Rupam Bajaj was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2022 & has been associated with this company since 2 years 7 months .

    01 Jul 2022

  • Director Appointment

    Rohit Sahu was appointed as a Director was appointed as a Director on 19 Aug 2019 & has been associated with this company since 5 years 6 months .

    19 Aug 2019

  • Director Appointment

    Shyam Sunder Chatterjee was appointed as a Cfo was appointed as a Cfo on 18 Apr 2019 & has been associated with this company since 5 years 10 months .

    18 Apr 2019

Frequently asked questions

  • Herald Commerce Ltd was incorporated on 16 Oct 1982.

  • The authorized share capital of Herald Commerce Ltd is ₹ 21.00 Cr and paid-up capital is ₹ 20.90 Cr.

  • Currently 7 directors are associated with Herald Commerce Ltd.

    • Purnna Chandra Barik
    • Bikash Adhikary
    • Rupam Bajaj
    • Shyam Sunder Chatterjee
    • Rohit Sahu
    • Krishna Banerjee
    • Prabhat Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Herald Commerce Ltd is 10 Princep Street 2Nd Floor, India, Kolkata, West Bengal, 700072.

  • The corporate identification number (CIN) of Herald Commerce Ltd is L51909WB1982PLC035364 and the company number is 035364 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Herald Commerce Ltd is https://www.heraldcommerce.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Herald Commerce Ltd has fallen by -33.28%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Herald Commerce Ltd has experienced an upsurge of 19.21%.

  • The most recent Balance Sheet for Herald Commerce Ltd was filed with the ROC on 31 Mar 2024.

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