Salona Merchants Pvt Ltd

Procures, sells, and trades various goods and commodities as commission and dealer agents.

2006 | Kolkata, West Bengal (India) | Active
Last Updated: January 29, 2025

Salona Merchants Profile

Key Indicators

  • Authorised Capital ₹ 4.60 M
  • Paid Up Capital ₹ 4.56 M
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.58 Cr
  • Revenue Growth 1494.73%
  • Profit Growth 154.81%
  • Ebitda -1332.49%
  • Net Worth 0.16%
  • Total Assets -5.29%

About Salona Merchants

Salona Merchants Pvt Ltd (SMPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 March 2006 and has a history of 18 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Real Estate 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 4.60 M and a paid-up capital of Rs 4.56 M.

The company currently has active open charges totaling ₹40.58 Cr.

Anant Bangur, Keshav Bangur, and Silvestor Simon serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109WB2006PTC108434

  • Company No.

    108434

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Real Estate

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

Board Members (3)

NameDesignationAppointment DateStatus
Silvestor Simon Country flag representing In Director 18-Jan-2016Current
Anant Bangur Country flag representing In Additional Director 15-Oct-2009Current
Keshav Bangur Country flag representing In Additional Director 30-Sep-2015Current

Financial Performance of Salona Merchants.

Salona Merchants Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 1494.73% increase. The company also saw a substantial improvement in profitability, with a 154.81% increase in profit. The company's net worth moved up by a moderate rise of 0.16%.

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
1494.73%
Revenue from Operations
Total Assets
-5.29%
Profit or Loss
154.81%
Net Worth
0.16%
EBITDA
-1332.49%

What is the Ownership and Shareholding Structure of Salona Merchants?

In 2023, Salona Merchants had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹405.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 31.57 Cr
  • Axis Bank Limited : 9.01 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2016Axis Bank Limited₹9.01 CrOpen
04 Feb 2013State Bank Of India₹31.57 CrOpen

How Many Employees Work at Salona Merchants?

Unlock and access historical data on people associated with Salona Merchants, 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 Salona 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 Salona 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 Salona Merchants

Recent activity within the organization

  • Annual General Meeting

    Salona Merchants Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Salona Merchants Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 315.70 M registered on 04 Feb 2013 with Charge ID 10410824 was modified on 25 Nov 2021.

    25 Nov 2021

  • Charges

    A charge with Axis Bank Limited of Rs. 90.10 M registered on 12 Feb 2016 with Charge ID 10625085 was modified on 10 Aug 2020.

    10 Aug 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 90.10 M with Charge ID 10625085 was registered on 12 Feb 2016.

    12 Feb 2016

  • Director Appointment

    Silvestor Simon was appointed as a Director was appointed as a Director on 18 Jan 2016 & has been associated with this company since 9 years 1 month .

    18 Jan 2016

Frequently asked questions

  • Salona Merchants Pvt Ltd was incorporated on 02 Mar 2006.

  • The authorized share capital of Salona Merchants Pvt Ltd is ₹ 4.60 M and paid-up capital is ₹ 4.56 M.

  • Currently 3 directors are associated with Salona Merchants Pvt Ltd.

    • Anant Bangur
    • Keshav Bangur
    • Silvestor Simon
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salona Merchants Pvt Ltd is 31 Chowringhee Road India, Kolkata, West Bengal, 700016.

  • The corporate identification number (CIN) of Salona Merchants Pvt Ltd is U51109WB2006PTC108434 and the company number is 108434 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salona Merchants Pvt Ltd has risen by 1494.73%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salona Merchants Pvt Ltd has experienced an upsurge of 0.16%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salona Merchants Pvt Ltd amount to ₹ 40.58 Cr.

  • The most recent Balance Sheet for Salona Merchants Pvt Ltd was filed with the ROC on 31 Mar 2023.

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