About Bahar Mercantile Limited
Data last updated:
Bahar Mercantile Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 October 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1984PLC154765.
The company has an authorised share capital of ₹4.2 Cr and a paid-up capital of ₹3.31 Cr. It is led by directors including Bipinchandra Natwarlal Mehta and Neelakantan Krishnan Iyer.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bajaj Bhavan 2nd Floor 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2017, the company reported a revenue of ₹10,000, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹92.2 Lakh and EBITDA of -₹70.16 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
Its group structure includes 2 subsidiaries.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baharmercantile.com.
Company details
CIN history
Bahar Mercantile has one previous CIN (Corporate Identification Number): L51909MH1984PLC154765. The current CIN is U51909MH1984PLC154765, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1984PLC154765 | Current |
| L51909MH1984PLC154765 | Previous |
Contact details
Bahar Mercantile Limited's registered office is in Mumbai, Maharashtra. Its website is baharmercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBajaj Bhavan 2nd Floor 226 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Bahar Mercantile Limited, buy the company report.
- 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
Financials of Bahar Mercantile Limited
FY 2025 filings availableBahar Mercantile Limited reported revenue of ₹10,000 (up 10% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 24%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹10,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹70.16 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹92.2 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Bahar Mercantile Limited, buy the company report.
Board of directors of Bahar Mercantile Limited
Bahar Mercantile has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipinchandra Natwarlal Mehta | Director | 27 Jul 2018 | 8 Years 3 Months | Current |
| Neelakantan Krishnan Iyer | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
| Mangesh Pandurang Kadam | Director | 28 Mar 2011 | 15 Years 7 Months | Current |
Auditor
Bahar Mercantile Limited is audited by AJAY SEKHRI AND COMPANY for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SEKHRI AND COMPANY | FY 2017 | 140181W |
Shareholding
The shareholding of Bahar Mercantile Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bahar Mercantile Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bahar Mercantile Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bahar Mercantile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bahar Mercantile has 2 subsidiary companies and 4 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Isarnan Steel and Mineral | U13203WB2008PTC123133 | |
| Isarnan Steel and Minerals Private Limited | U13203WB2008PTC123133 |
To see the full group structure of Bahar Mercantile Limited, buy the company report.
GST
No GST registration is on our record for Bahar Mercantile Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bahar Mercantile Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Mihir Dasgupta ceased to be Director on 20 Mar 2019.
1 earlier event is in the company report.
Frequently asked questions
Bahar Mercantile is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 October 1984 (42+ years old) and is registered under CIN U51909MH1984PLC154765.
Bahar Mercantile has 3 current directors:
- Bipinchandra Natwarlal Mehta - Director
- Neelakantan Krishnan Iyer - Director
- Mangesh Pandurang Kadam - Director
The latest financial statements of Bahar Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bahar Mercantile is U51909MH1984PLC154765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bahar Mercantile was incorporated on 17 October 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Mihir Dasgupta ceased to be Director on 20 Mar 2019. Bipinchandra Natwarlal Mehta ceased to be Additional Director on 29 Sep 2018. Chaitan Arvind Dalal ceased to be Director on 03 Aug 2018. Bahar Mercantile has 10 board changes on record in total.
Bahar Mercantile can be reached through the website baharmercantile.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Bahar Mercantile is at Bajaj Bhavan 2nd Floor 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
Bahar Mercantile operates in the financial services industry, in the nbfc segment.
The compliance status of Bahar Mercantile is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
