Dakshin Mercantile Private Limited
About Dakshin Mercantile Private Limited
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Dakshin Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2013PTC245822. Its GSTIN is 27AAECD7918B1ZS (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ravinder Kumar Dogra and Pankaj Purshottam Suroliya.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2020, the company reported a revenue of ₹8.27 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹44.35 Cr and EBITDA of -₹42.92 Cr. Revenue has grown at a compounded annual rate (CAGR) of 217% over three years and 41% over five years.
Its group structure includes 1 subsidiary.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Dakshin Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Dakshin Mercantile Private 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 Dakshin Mercantile Private Limited
FY 2024 filings availableDakshin Mercantile Private Limited reported revenue of ₹8.27 Lakh (down 91% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 91% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹8.27 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹42.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹44.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Dakshin Mercantile Private Limited, buy the company report.
Board of directors of Dakshin Mercantile Private Limited
Dakshin Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravinder Kumar Dogra Also directs: Essel Finance Advisors and Managers LLP, Zulu Cinemas Private Limited, Essel Advisors Limited and 1 more | Director | 07 Nov 2019 | 6 Years 11 Months | Current |
| Pankaj Purshottam Suroliya Also directs: Essel Finance Management LLP, Dakshin Utilities Works Limited, Rotate Onetouch Limited and 5 more | Director | 14 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Dakshin Mercantile Private Limited is audited by B S SHARMA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S SHARMA & CO | FY 2018 | 128249W |
Shareholding
The shareholding of Dakshin Mercantile Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dakshin Mercantile Private Limited, buy the company report.
Legal cases
Dakshin Mercantile Private Limited has 1 court case on record: 1 filed by Dakshin Mercantile. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Court case (FAM) | Filed by the company against LKP Finance Ltd., and 2 others | Disposed |
To see the full case history of Dakshin 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 Dakshin Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dakshin Mercantile has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Essel Finance Business Loans Limited | U65990MH1996PLC097941 |
To see the full group structure of Dakshin Mercantile Private Limited, buy the company report.
GST
Dakshin Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD7918B1ZS | Maharashtra | Active | 20 Jun 2018 |
To see the full GST registrations and return filing status of Dakshin Mercantile Private Limited, buy the company report.
Recent activity
Dakshin Mercantile Private Limited has 10 board changes on record since 2013: 2 appointments and 8 cessations. The latest: Ravinder Kumar Dogra ceased to be Additional Director on 31 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Dakshin Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 July 2013 (13+ years old) and is registered under CIN U74120MH2013PTC245822.
Dakshin Mercantile has 2 current directors:
- Ravinder Kumar Dogra - Director
- Pankaj Purshottam Suroliya - Director
The latest financial statements of Dakshin Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dakshin Mercantile is 27AAECD7918B1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Dakshin Mercantile is U74120MH2013PTC245822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dakshin Mercantile has 1 court case on record: 1 filed by the company.
Dakshin Mercantile was incorporated on 17 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Ravinder Kumar Dogra ceased to be Additional Director on 31 Dec 2020. Amitabh Jitendra Chaturvedi ceased to be Director on 12 Nov 2019. Ravinder Kumar Dogra was appointed as Director on 07 Nov 2019. Dakshin Mercantile has 10 board changes on record in total.
The registered office of Dakshin Mercantile is at 18th Floor A Wing Marathon Futurex N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Dakshin Mercantile operates in the business outsourcing industry, in the business and IT consulting segment.
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