Promoter holding
64.27%
EM
Erode Merchants Pvt. Ltd. - Due diligence report
A 360° intelligence report on Erode Merchants Pvt. Ltd.: trust score, financial health, credit view, compliance, directors, growth and distr…
Erode Merchants Pvt. Ltd. — 360° Intelligence Report
Generated from MCA filings & public records66/100
Trust Score
Moderate
Erode Merchants Pvt. Ltd. is assessed as Moderate with a Trust Score of 66/100. Erode Merchants Pvt. Ltd. is an active private limited indian non-government company incorporated in 1995, operating in the Real Estate and Construction sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and high financial risk profile.
Report generated on 13 Jun 2026 from the latest processed filings. Erode Merchants Pvt. Ltd. snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
66/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
70/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
50/100
Early-warning signals - higher means fewer warnings.
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Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 35/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Open charges exceed net worth - secured lenders rank ahead.
- Working-capital cover adequate.
Charges position: 2 open (45.00 cr) · 2 satisfied (32.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 3 | 48.0 cr |
| Hdfc Bank Limited | 1 | 48.0 cr |
Compliance Score: 70/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: RBI.
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Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| REKHA SARAF | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AASTHA AGARWAL SARAF | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK SARAF | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Sugam Griha Nirmaan Limited
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Sugam Griha Nirmaan Limited | Holding Company | 74.00% |
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 40 · Distress 50
Growth signals & trust indicators
Operating for 30+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Outside liabilities up 38% in a year.
2 open charge(s) registered - assets are encumbered.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence63/100
Review suggested
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 45.00 cr already registered.
- Compliance record supports lending.
Investor view46/100
Mixed indicators
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events29 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
13 Mar 2025
Charge created
Hdfc Bank Limited - 15.00 cr
04 Feb 2025
Charge satisfied
State Bank Of India
14 Jan 2025
Charge satisfied
State Bank Of India
06 Apr 2024
Charge created
State Bank Of India - 30.00 cr
21 May 2022
Charge created
State Bank Of India - 7.00 cr
30 Nov 2021
Director ceased
ARVIND KUMAR SARAF
20 Nov 2021
Charge created
State Bank Of India - 25.00 cr
25 Oct 2021
Director ceased
SUYASH SARAF
23 Oct 2021
Director appointed
AASTHA AGARWAL SARAF (Director)
09 Mar 2020
Director appointed
REKHA SARAF (Director)
01 Dec 2012
Director ceased
ANAND KHANDELIA
26 Aug 2010
Director appointed
ASHOK SARAF (Director)
Director ceased
SUSHIL KUMAR LATH
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Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Jindal Buildcon Private Limited | U45201DL2005PTC133503 | Rohini, Delhi, India |
| Hatha Homes Private Limited | U45500KA2017PTC103856 | Bellandur Post, Bangalore, Karnataka, India |
| Brijesh Builders And Consultants Private Limited | U45202DL2003PTC118455 | Delhi, Delhi, India |
| Ampersand Buildcon Private Limited | U45100MH2010PTC205578 | Malad West, Maharashtra, India |
| Jade Contractors And Builders Private Limited | U45200MH1994PTC078111 | Mumbai, Maharashtra, India |
| Blue Sparrow Homes Private Limited | U70100DL2012PTC238240 | New Delhi, Delhi, India |
| Tulsa Builders And Developers Private Limited | U45400UR2011PTC033423 | Haridwar, Uttarakhand, India |
| Chandraprabhu Constructions Private Limited | U45400MH2010PTC198325 | Mumbai, Maharashtra, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Erode Merchants Pvt. Ltd. before audits and certifications: compliance score 70/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Erode Merchants Pvt. Ltd.: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Erode Merchants Pvt. Ltd. - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 66/100, distress signals and MSME payment-delay disclosures - know whether Erode Merchants Pvt. Ltd. pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Erode Merchants Pvt. Ltd. - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Erode Merchants Pvt. Ltd. an active company?
Erode Merchants Pvt. Ltd. has MCA status “Active” with a compliance score of 70/100 (Moderate).
Is Erode Merchants Pvt. Ltd. financially healthy?
Erode Merchants Pvt. Ltd. has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Erode Merchants Pvt. Ltd.?
Its overall Trust Score is 66/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Erode Merchants Pvt. Ltd.?
The ultimate holding entity is Sugam Griha Nirmaan Limited. 3 active director(s) are on record.
Does Erode Merchants Pvt. Ltd. have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 2 earlier charge(s) stand satisfied.
Is Erode Merchants Pvt. Ltd. up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 70/100 (Moderate).
Is it risky to lend to Erode Merchants Pvt. Ltd.?
Its Credit Risk Score is 35/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
