Excitare Merchandise Private Limited
About Excitare Merchandise Private Limited
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Excitare Merchandise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 21 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC104325.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dhara Himanshukumar Shah and Tejas Hareshbhai Trivedi.
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 045 Ground Floor Karnavati Platinum – 8 B/H.G.P.O Opp. Nagar Sheth No Vando Ghee Kanta, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.68 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹7,000 (net margin 0%) and EBITDA of ₹14,000 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 56% over five years.
The company has 1 deal on record (1 secondary share transfer); the latest was in September 2023. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Ssca Fuels Private Limited with revenue of ₹9.69 Cr.
Company details
Contact details
Excitare Merchandise Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address045 Ground Floor Karnavati Platinum – 8 B/H.G.P.O Opp. Nagar Sheth No Vando Ghee Kanta, Ahmedabad, Gujarat, India – 380001
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Excitare Merchandise 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
Business activity
The main business activity of Excitare Merchandise 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 Excitare Merchandise Private Limited, buy the company report.
Financials of Excitare Merchandise Private Limited
FY 2025 filings availableExcitare Merchandise Private Limited reported revenue of ₹9.68 Cr (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 90% fall in the latest year. EBITDA fell 84% in the latest year. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14,000 | ||||
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| Net Profit (PAT) | ₹7,000 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Excitare Merchandise Private Limited, buy the company report.
Board of directors of Excitare Merchandise Private Limited
Excitare Merchandise has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Jain Also directs: Mahesha Hospitality Group Private Limited | Additional Director | 23 Jun 2023 | 3 Years 4 Months | Current |
| Dhara Himanshukumar Shah Also directs: Curatine Crops Private Limited, 22 Hectare Farmtrade Private Limited, Envitec Agrotrade Private Limited and 4 more | Director | 19 Sep 2025 | 1 Years 1 Months | Current |
| Tejas Hareshbhai Trivedi Also directs: Curatine Crops Private Limited, 22 Hectare Farmtrade Private Limited, Envitec Agrotrade Private Limited and 4 more | Director | 01 Sep 2025 | 1 Years 2 Months | Current |
Peer comparison
Excitare Merchandise 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 |
|---|---|---|---|---|---|---|
| Ssca Fuels Private Limited | ₹9.69 Cr (FY 2023) | 156.0% | New Delhi, Delhi, India | |||
| Expodus Enterprise (OPC) Private Limited | ₹9.69 Cr (FY 2024) | 170.0% | Aligarh, Uttar Pradesh, India | |||
| Unistar Shoes Private Limited | ₹9.69 Cr (FY 2025) | 22.0% | New Delhi, Delhi, India | |||
| Its Coatings Private Limited | ₹9.69 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Nanik Tech Info Private Limited | ₹9.69 Cr (FY 2023) | -3.0% | Chennai, Tamil Nadu, India | |||
| Excitare Merchandise Private Limitedthis company | ₹9.68 Cr (FY 2025) | ₹7,000 | 0% | -90.0% | Ahmedabad, Gujarat, India | |
| Midas Garments Accessories Private Limited | ₹9.68 Cr (FY 2025) | 55.0% | Delhi, India | |||
| GMV Texfab Private Limited | ₹9.68 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| JPB Traders Private Limited | ₹9.68 Cr (FY 2025) | -28.0% | Sarsaphari, Jharkhand, India | |||
| Plasglow Petchem Private Limited | ₹9.68 Cr (FY 2025) | 44.0% | Nagpur, Maharashtra, India | |||
| Leonis Electronics Private Limited | ₹9.68 Cr (FY 2024) | -1.0% | Delhi, India |
To see the full peer comparison of Excitare Merchandise Private Limited, buy the company report.
Auditor
Excitare Merchandise Private Limited is audited by Ali Ammar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ali Ammar & Co. | FY 2023 | 032479C |
Shareholding
The shareholding of Excitare Merchandise Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Excitare Merchandise Private Limited, buy the company report.
Deals & funding
Excitare Merchandise Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Excitare Merchandise Private 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 Excitare Merchandise 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 Excitare Merchandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Excitare Merchandise Private Limited has 9 board changes on record since 2023: 3 appointments and 6 cessations. The latest: Dhara Himanshukumar Shah was appointed as Director on 19 Sep 2025.
Frequently asked questions
Excitare Merchandise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in wholesale, within the trading industry. It was incorporated on 21 September 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC104325.
Excitare Merchandise has 3 current directors:
- Arun Kumar Jain - Additional Director
- Dhara Himanshukumar Shah - Director
- Tejas Hareshbhai Trivedi - Director
The latest financial statements of Excitare Merchandise 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 FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Excitare Merchandise is U51909GJ2018PTC104325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excitare Merchandise was incorporated on 21 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Excitare Merchandise has 1 deal on record (1 secondary share transfer); the latest was in September 2023.
The peers of Excitare Merchandise by revenue are Ssca Fuels Private Limited, Expodus Enterprise (OPC) Private Limited, Unistar Shoes Private Limited, Its Coatings Private Limited, Nanik Tech Info Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Dhara Himanshukumar Shah was appointed as Director on 19 Sep 2025. Tejas Hareshbhai Trivedi was appointed as Director on 01 Sep 2025. Arun Kumar Jain ceased to be Additional Director on 12 Jul 2024. Excitare Merchandise has 9 board changes on record in total.
The registered office of Excitare Merchandise is at 045 Ground Floor Karnavati Platinum – 8 BH.G.P.O Opp. Nagar Sheth No Vando Ghee Kanta, Ahmedabad, Gujarat, India – 380001.
Excitare Merchandise operates in the trading industry, in the wholesale segment.
Excitare Merchandise can be reached at its registered office: 045 Ground Floor Karnavati Platinum – 8 BH.G.P.O Opp. Nagar Sheth No Vando Ghee Kanta, Ahmedabad, Gujarat, India – 380001.
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