Akshaj Mercantile Private Limited
About Akshaj Mercantile Private Limited
Data last updated:
Akshaj Mercantile Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trading segment of the trading and commerce sector. It was incorporated on 14 December 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2011PTC224946.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hiteshbhai Rajubhai Shah and Samjubhai Mohanbhai Pambhar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Gala No. 5 1st Floor House No. 1018 Hissa No.73 Opp Shivshena Shakha Anjun Phatha Road, Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2017, the company reported a revenue of ₹47.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 3.8%) and EBITDA of ₹1.79 Cr (EBITDA margin 3.8%).
Court records list 2 cases involving the company, including 2 filed against it.
Company details
Contact details
Akshaj Mercantile Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressGala No. 5 1st Floor House No. 1018 Hissa No.73 Opp Shivshena Shakha Anjun Phatha Road, Thane, Maharashtra, India – 421302
- IndustryTrading, Retail Trading, Retailers, Other Wholesale, Wholesale
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Akshaj Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Akshaj Mercantile Private Limited, buy the company report.
Financials of Akshaj Mercantile Private Limited
FY 2017 filings availableAkshaj Mercantile Private Limited reported revenue of ₹47.2 Cr (up 414% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 414% in the latest year. EBITDA rose 884% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.79 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.79 Cr | ||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.8% | ||
| Net Profit Margin | 3.8% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of Akshaj Mercantile Private Limited, buy the company report.
Board of directors of Akshaj Mercantile Private Limited
Akshaj Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiteshbhai Rajubhai Shah Also directs: Somerset Infrastructure Private Limited | Director | 05 Jan 2016 | 10 Years 9 Months | As last reported |
| Samjubhai Mohanbhai Pambhar Also directs: Somerset Infrastructure Private Limited | Director | 05 Jan 2016 | 10 Years 9 Months | As last reported |
Peer comparison
Akshaj Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Firstclass Logistic Private Limited | ₹47.25 Cr (FY 2023) | 2902.0% | Raipur, Chhattisgarh, India | |||
| Aayzee Metals Private Limited | ₹47.25 Cr (FY 2025) | 19101.0% | Chennai, Tamil Nadu, India | |||
| Vet Biotech Private Limited | ₹47.23 Cr (FY 2024) | 12.0% | Kolkata, West Bengal, India | |||
| Vrav Salesmart Private Limited | ₹47.22 Cr (FY 2024) | 80.0% | Mathura, Uttar Pradesh, India | |||
| S. S. Beverages Private Limited | ₹47.21 Cr (FY 2024) | 2.0% | New Delhi, Delhi, India | |||
| Akshaj Mercantile Private Limitedthis company | ₹47.2 Cr (FY 2017) | ₹1.79 Cr | 3.8% | 414.0% | Thane, Maharashtra, India | |
| Organicut Fresh Private Limited | ₹47.18 Cr (FY 2024) | 164.0% | Delhi, India | |||
| Jivita Healthcare Private Limited | ₹47.18 Cr (FY 2025) | -45.0% | Ahmedabad, Gujarat, India | |||
| Controlwellindia Pvt Ltd | ₹47.18 Cr (FY 2025) | 0.0% | Dombivli, Maharashtra, India | |||
| Uttam Sponge and Power Private Limited | ₹47.18 Cr (FY 2015) | 162.0% | Kagal, Maharashtra, India | |||
| Goel Special Steels & Engineering Private Limited | ₹47.18 Cr (FY 2024) | 104.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Akshaj Mercantile Private Limited, buy the company report.
Legal cases
Akshaj Mercantile Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Criminal case | Filed against the company by Religare Securities Ltd | Disposed |
To see the full case history of Akshaj Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Akshaj Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Akshaj Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Akshaj Mercantile Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Amit Jayantilal Pithadiya ceased to be Director on 09 Oct 2017.
Frequently asked questions
Akshaj Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Akshaj Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in retail trading, within the trading industry. It was incorporated on 14 December 2011 and is registered under CIN U51900MH2011PTC224946. The company has been struck off by the Registrar of Companies and is no longer operational.
Akshaj Mercantile had 2 directors:
- Hiteshbhai Rajubhai Shah - Director
- Samjubhai Mohanbhai Pambhar - Director
The CIN (Corporate Identification Number) of Akshaj Mercantile is U51900MH2011PTC224946. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Akshaj Mercantile is at Gala No. 5 1st Floor House No. 1018 Hissa No.73 Opp Shivshena Shakha Anjun Phatha Road, Thane, Maharashtra, India – 421302.
Akshaj Mercantile was incorporated on 14 December 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Akshaj Mercantile on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Akshaj Mercantile operated in the trading industry, in the retail trading segment. It worked in this industry before it was struck off.
The peers of Akshaj Mercantile by revenue are Firstclass Logistic Private Limited, Aayzee Metals Private Limited, Vet Biotech Private Limited, Vrav Salesmart Private Limited, S. S. Beverages Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Akshaj Mercantile has 2 court cases on record: 2 filed against it.
Amit Jayantilal Pithadiya ceased to be Director on 09 Oct 2017. Rajshri Datta Bharti Mann ceased to be Additional Director on 06 Jan 2016. Hiteshbhai Rajubhai Shah was appointed as Director on 05 Jan 2016. Akshaj Mercantile has 8 board changes on record in total.
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