Gunjan Merchants Private Limited
About Gunjan Merchants Private Limited
Data last updated:
Gunjan Merchants Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 16 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52190MH2008PTC182283.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹33.13 Lakh. It is led by directors Ashwin Murlidhar Shah and Vatsal Ashwin Shah.
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 Shop No 5 Panchsheel Heights Mahavir Nagar Off. M.G.Road Kandivali (West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.3 Lakh, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹6.84 Lakh (net margin 47.8%) and EBITDA of ₹9.04 Lakh (EBITDA margin 63.2%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 5% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gunjan Merchants Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No 5 Panchsheel Heights Mahavir Nagar Off. M.G.Road Kandivali (West), Mumbai, Maharashtra, India – 400067
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Gunjan Merchants 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 Gunjan Merchants Private Limited
FY 2025 filings availableGunjan Merchants Private Limited reported revenue of ₹14.3 Lakh (up 85% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 85% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 33% 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 | ₹9.04 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.84 Lakh | ||||
| Balance Sheet | |||||
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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 | 63.2% | ||||
| Net Profit Margin | 47.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Gunjan Merchants Private Limited, buy the company report.
Board of directors of Gunjan Merchants Private Limited
Gunjan Merchants has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Murlidhar Shah | Director | 16 May 2008 | 18 Years 5 Months | Current |
| Vatsal Ashwin Shah | Director | 16 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Gunjan Merchants Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mine Corp India Private Limited | ₹14.51 Lakh (FY 2018) | -55.0% | Mumbai, Maharashtra, India | |||
| Chandra Steels & Metallics Private Limited | ₹14.49 Lakh (FY 2020) | -94.0% | Rourkela, Odisha, India | |||
| Rausan Merchandiser Private Limited | ₹14.41 Lakh (FY 2022) | Mumbai, Maharashtra, India | ||||
| Best Deal General Trading Private Limited | ₹14.36 Lakh (FY 2017) | 75.0% | New Delhi, Delhi, India | |||
| Ambey Resources Private Limited | ₹14.34 Lakh (FY 2022) | 0.0% | Kolkata, West Bengal, India | |||
| Gunjan Merchants Private Limitedthis company | ₹14.3 Lakh (FY 2025) | ₹6.84 Lakh | 47.8% | 85.0% | Mumbai, Maharashtra, India | |
| Nullwaste Industries Private Limited | ₹14.3 Lakh (FY 2025) | 41.0% | Bengaluru, Karnataka, India | |||
| Anshul Impex Private Limited | ₹14.14 Lakh (FY 2025) | -78.0% | Nagpur, Maharashtra, India | |||
| Kalawati Coal Pvt Ltd. | ₹14.12 Lakh (FY 2024) | -75.0% | Ranchi, Jharkhand, India | |||
| Ganpati Udyog and Power Private Limited | ₹14 Lakh (FY 2024) | -67.0% | Bhilai, Chhattisgarh, India | |||
| Akshat Polyfilms Private Limited | ₹13.99 Lakh (FY 2025) | -50.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gunjan Merchants Private Limited, buy the company report.
Auditor
Gunjan Merchants Private Limited is audited by SANDEEP SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP SHAH & ASSOCIATES | FY 2017 | 038819 |
Shareholding
The shareholding of Gunjan Merchants Private 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 Gunjan Merchants Private Limited, buy the company report.
Legal cases
Gunjan Merchants Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Gunjan Merchants 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 Gunjan 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 Gunjan Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gunjan Merchants Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Ashwin Murlidhar Shah was appointed as Director on 16 May 2008.
Frequently asked questions
Gunjan Merchants is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 16 May 2008 (18+ years old) and is registered under CIN U52190MH2008PTC182283.
Gunjan Merchants has 2 current directors:
- Ashwin Murlidhar Shah - Director
- Vatsal Ashwin Shah - Director
The latest financial statements of Gunjan 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Gunjan Merchants is U52190MH2008PTC182283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gunjan Merchants has 2 court cases on record: 2 filed against it.
Gunjan Merchants was incorporated on 16 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gunjan Merchants by revenue are Mine Corp India Private Limited, Chandra Steels & Metallics Private Limited, Rausan Merchandiser Private Limited, Best Deal General Trading Private Limited, Ambey Resources Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Ashwin Murlidhar Shah was appointed as Director on 16 May 2008. Vatsal Ashwin Shah was appointed as Director on 16 May 2008.
The registered office of Gunjan Merchants is at Shop No 5 Panchsheel Heights Mahavir Nagar Off. M.G.Road Kandivali West, Mumbai, Maharashtra, India – 400067.
Gunjan Merchants operates in the metals and minerals industry, in the materials retail and distribution segment.
The compliance status of Gunjan Merchants is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
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