Startup India Government of India
Great Circle Merchants Private Limited - business services in Delhi, India. Directors, charges & compliance details.
Revenue · FY 2025
₹11.06 Lakh
▲ 1565% YoY
Net loss · FY 2025
₹88,353
Net margin -8%
EBITDA · FY 2025
-₹73,509
EBITDA margin -6.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
Brands
1
Associated brands
About Great Circle Merchants Private Limited
Data last updated:
Great Circle Merchants Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 24 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2020PTC363950.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ghanishth Sahni and Deepti Vidyadhar Hegde.
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 2 – A/3 S/F Front Side Asaf Ali Road Turkman Gate, Delhi, India – 110002.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹88,353 (net margin -8%) and EBITDA of -₹73,509 (EBITDA margin -6.6%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.
The company is associated with 1 brand: Great Circle Merchants.
For more details, the company can be reached via its website greatcirclemerchants.com.
Company details
CIN U74999DL2020PTC363950
Registration Number 363950
Incorporation Date 24 May 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Great Circle Merchants
Contact details
Great Circle Merchants Private Limited's registered office is in Delhi, Delhi.
- Social Media
- Registered Address2 – A/3 S/F Front Side Asaf Ali Road Turkman Gate, Delhi, India – 110002
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
Comprehensive company report
Great Circle Merchants Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Great Circle Merchants operates one associated brand: Great Circle Merchants. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers export marketing, market research, and branding services. | greatcirclemerchants.com |
Business activity
The main business activity of Great Circle Merchants is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Great Circle Merchants Private Limited, buy the company report.
Financials of Great Circle Merchants Private Limited
FY 2025 filings availableGreat Circle Merchants Private Limited reported revenue of ₹11.06 Lakh (up 1565% YoY) for FY 2025.
Revenue · FY 2025
₹11.06 Lakh ▲ 1565%
Net loss · FY 2025
₹88,353 margin -8%
EBITDA · FY 2025
-₹73,509 margin -6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 85%
3 years · compounded
▼ 38%
Revenue has declined at a compounded annual rate (CAGR) of 14% over three years. EBITDA rose 85% 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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| Total Expenses | |||||
| EBITDA | -₹73,509 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹88,353 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.6% | ||||
| Net Profit Margin | -8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Great Circle Merchants Private Limited, buy the company report.
Board of directors of Great Circle Merchants Private Limited
Great Circle Merchants has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanishth Sahni Also directs: Andromeda Travel Solutions Private Limited | Director | 29 Nov 2021 | 4 Years 11 Months | Current |
| Deepti Vidyadhar Hegde | Director | 24 May 2020 | 6 Years 5 Months | Current |
| Lovish Sahni | Director | 24 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Great Circle Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zuriel Life Sciences Private Limited | ₹11.07 Lakh (FY 2024) | 556.0% | Yapral, Telangana, India | |||
| Divyashrey Roots Cure Private Limited | ₹11.07 Lakh (FY 2024) | Patna, Bihar, India | ||||
| At-11 Multiservices and Marketing Private Limited | ₹11.07 Lakh (FY 2022) | 49.0% | Kolkata, West Bengal, India | |||
| Amrapali Metals Private Limited | ₹11.07 Lakh (FY 2023) | 26.0% | Kolkata, West Bengal, India | |||
| Eliya Ventures Private Limited | ₹11.06 Lakh (FY 2023) | 5461.0% | Thane, Maharashtra, India | |||
| Great Circle Merchants Private Limitedthis company | ₹11.06 Lakh (FY 2025) | -₹88,353 | -8% | 1565.0% | Delhi, India | |
| Xdrona Sports Private Limited | ₹11.06 Lakh (FY 2024) | 98673.0% | Noida, Uttar Pradesh, India | |||
| Pramila Tiles Private Limited | ₹11.06 Lakh (FY 2025) | -28.0% | Varanasi, Uttar Pradesh, India | |||
| Jai Maa Durge Enforcement Solutions Private Limited | ₹11.06 Lakh (FY 2025) | 28.0% | New Delhi, Delhi, India | |||
| Smart Bio-Office Technologies Private Limited | ₹11.06 Lakh (FY 2017) | -33.0% | Mumbai, Maharashtra, India | |||
| Brightfuture Multitradeview Private Limited | ₹11.05 Lakh (FY 2019) | 5919.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Great Circle Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Great Circle Merchants 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 Great Circle Merchants 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 Great Circle Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Great Circle Merchants Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ghanishth Sahni ceased to be Additional Director on 20 Dec 2021.
AGM
Great Circle Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Great Circle Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Ghanishth Sahni ceased to be Additional Director.
Appointed
Ghanishth Sahni was appointed as Director.
Appointed
Deepti Vidyadhar Hegde was appointed as Director.
Appointed
Lovish Sahni was appointed as Director.
Incorporation
24 May 2020
Great Circle Merchants Private Limited was registered on 24 May 2020 with Roc Delhi & aged 6 years 5 months as per MCA records.
Frequently asked questions
Great Circle Merchants is an active private limited company based in Delhi, India. The company works in other services, within the business services industry. It was incorporated on 24 May 2020 (6+ years old) and is registered under CIN U74999DL2020PTC363950.
Great Circle Merchants has 3 current directors:
- Ghanishth Sahni - Director
- Deepti Vidyadhar Hegde - Director
- Lovish Sahni - Director
The latest financial statements of Great Circle Merchants 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 2021 are in the company report.
The CIN (Corporate Identification Number) of Great Circle Merchants is U74999DL2020PTC363950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Great Circle Merchants was incorporated on 24 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Great Circle Merchants by revenue are Zuriel Life Sciences Private Limited, Divyashrey Roots Cure Private Limited, At-11 Multiservices and Marketing Private Limited, Amrapali Metals Private Limited, Eliya Ventures Private Limited and 5 more, all in the same principal business activity (retail trading).
Ghanishth Sahni ceased to be Additional Director on 20 Dec 2021. Ghanishth Sahni was appointed as Director on 29 Nov 2021. Deepti Vidyadhar Hegde was appointed as Director on 24 May 2020. Great Circle Merchants has 4 board changes on record in total.
Yes, Great Circle Merchants is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Great Circle Merchants can be reached through the website greatcirclemerchants.com. Its registered office is in Delhi, India.
The registered office of Great Circle Merchants is at 2 – A3 SF Front Side Asaf Ali Road Turkman Gate, Delhi, India – 110002.
Great Circle Merchants operates in the business services industry, in the other services segment.
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