Goodvibes Mercantile Private Limited
About Goodvibes Mercantile Private Limited
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Goodvibes Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 12 January 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC143956. Its GSTIN is 27AACCG0679A1ZX (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sonu Shital Tejwani and Shanti Bhagwan Rangwani.
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 204 A N Chambersturner Road Bandra (W), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.81 Lakh, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹72,872 (net margin 25.9%) and EBITDA of ₹1.7 Lakh (EBITDA margin 60.6%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 44% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Goodvibes Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address204 A N Chambersturner Road Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Goodvibes 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 Goodvibes Mercantile Private Limited
FY 2025 filings availableGoodvibes Mercantile Private Limited reported revenue of ₹2.81 Lakh (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 24% fall in the latest year. EBITDA fell 35% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹1.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72,872 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.6% | ||||
| Net Profit Margin | 25.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Goodvibes Mercantile Private Limited, buy the company report.
Board of directors of Goodvibes Mercantile Private Limited
Goodvibes Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonu Shital Tejwani Also directs: Orpheus Publishing Private Limited | Director | 18 Apr 2016 | 10 Years 6 Months | Current |
| Shanti Bhagwan Rangwani Also directs: Orpheus Publishing Private Limited | Director | 12 Jan 2004 | 22 Years 10 Months | Current |
Peer comparison
Goodvibes Mercantile Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Kanwarpal Marketing Private Limited | ₹2.93 Lakh (FY 2025) | 2.0% | Delhi, India | |||
| Glooming Digital Private Limited | ₹2.82 Lakh (FY 2024) | 124.0% | Ghasipura, Odisha, India | |||
| Goodvibes Mercantile Private Limitedthis company | ₹2.81 Lakh (FY 2024) | ₹72,872 | 25.9% | -24.0% | Mumbai, Maharashtra, India | |
| Fifty Rocks Lifestyle Private Limited | ₹2.8 Lakh (FY 2024) | -98.0% | Bangalore, Karnataka, India | |||
| Venkart E-Com Private Limited | ₹2.73 Lakh (FY 2024) | 9.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Goodvibes Mercantile Private Limited, buy the company report.
Auditor
Goodvibes Mercantile Private Limited is audited by I S K & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I S K & CO | FY 2020 | 128764W |
Shareholding
The shareholding of Goodvibes Mercantile Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Goodvibes Mercantile Private Limited, buy the company report.
Legal cases
Goodvibes Mercantile Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Mumncipal Corporation H/W Ward, Mumbai | Disposed |
To see the full case history of Goodvibes 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 Goodvibes Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Goodvibes Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG0679A1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodvibes Mercantile Private Limited, buy the company report.
Recent activity
Goodvibes Mercantile Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Sonu Shital Tejwani ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Goodvibes Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 12 January 2004 (22+ years old) and is registered under CIN U51909MH2004PTC143956.
Goodvibes Mercantile has 2 current directors:
- Sonu Shital Tejwani - Director
- Shanti Bhagwan Rangwani - Director
The latest financial statements of Goodvibes 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 GSTIN of Goodvibes Mercantile is 27AACCG0679A1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Goodvibes Mercantile is U51909MH2004PTC143956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodvibes Mercantile has 1 court case on record: 1 filed against it.
Goodvibes Mercantile was incorporated on 12 January 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Goodvibes Mercantile by revenue are Kanwarpal Marketing Private Limited, Glooming Digital Private Limited, Fifty Rocks Lifestyle Private Limited, Venkart E-Com Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Sonu Shital Tejwani ceased to be Additional Director on 30 Sep 2016. Chand Bhagwan Rangwani ceased to be Director on 18 Apr 2016. Sonu Shital Tejwani was appointed as Director on 18 Apr 2016. Goodvibes Mercantile has 4 board changes on record in total.
The registered office of Goodvibes Mercantile is at 204 A N Chambersturner Road Bandra W, Mumbai, Maharashtra, India – 400050.
Goodvibes Mercantile operates in the consumer goods industry, in the accessories retail and distribution segment.
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