H N Merchants Private Limited
About H N Merchants Private Limited
Data last updated:
H N Merchants Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Spandan Trexim Pvt Ltd. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 16 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2004PTC110492.
The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.61 Cr. It is led by directors Nitin Mukesh and Ankit.
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 Flat No. – 904 9th Floor Ashirwad Palace – C B/H Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.34 Lakh. For the same year it recorded a net profit of ₹7,059 (net margin 1%) and EBITDA of ₹9,439 (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
H N Merchants has one previous CIN (Corporate Identification Number): U51909WB2004PTC099141. The current CIN is U51909GJ2004PTC110492, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ2004PTC110492 | Current |
| U51909WB2004PTC099141 | Previous |
Contact details
H N Merchants Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No. – 904 9th Floor Ashirwad Palace – C B/H Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001
- IndustryTrading, Specialty, Wholesale
To see the full contact details of H N 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
Business activity
The main business activity of H N 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 H N Merchants Private Limited, buy the company report.
Financials of H N Merchants Private Limited
FY 2025 filings availableH N Merchants Private Limited reported revenue of ₹7.34 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 48% 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 | ₹9,439 | ||||
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| Net Profit (PAT) | ₹7,059 | ||||
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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 | 1.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of H N Merchants Private Limited, buy the company report.
Board of directors of H N Merchants Private Limited
H N Merchants has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Mukesh | Director | 10 Jan 2015 | 11 Years 10 Months | Current |
| Ankit | Director | 10 Jan 2015 | 11 Years 10 Months | Current |
Peer comparison
H N 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 |
|---|---|---|---|---|---|---|
| Spa Investments Private Limited | ₹7.35 Lakh (FY 2024) | 306.0% | Meerut, Uttar Pradesh, India | |||
| Ama Ceramics Private Limited | ₹7.35 Lakh (FY 2023) | Anekal, Karnataka, India | ||||
| Neonfit Fashion Private Limited | ₹7.35 Lakh (FY 2022) | Delhi, India | ||||
| Dental Aesthetics Private Limited | ₹7.35 Lakh (FY 2015) | 158.0% | Mumbai, Maharashtra, India | |||
| Akoda Global Logistics Private Limited | ₹7.35 Lakh (FY 2025) | 183552.0% | Jaipur, Rajasthan, India | |||
| H N Merchants Private Limitedthis company | ₹7.34 Lakh (FY 2025) | ₹7,059 | 1% | Surat, Gujarat, India | ||
| G T B Mercantile Private Limited | ₹7.34 Lakh (FY 2023) | -12.0% | New Delhi, Delhi, India | |||
| Axxella Medico Services Private Limited | ₹7.34 Lakh (FY 2019) | Kolkata, West Bengal, India | ||||
| Sarthi Commodities Private Limited | ₹7.34 Lakh (FY 2025) | -19.0% | New Delhi, Delhi, India | |||
| Likestyle India Private Limited | ₹7.34 Lakh (FY 2019) | 1398.0% | Hyderabad, Telangana, India | |||
| Tejaswini Store World Wide Private Limited | ₹7.34 Lakh (FY 2025) | -19.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of H N Merchants Private Limited, buy the company report.
Auditor
H N Merchants Private Limited is audited by ANJAN MONDAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJAN MONDAL | FY 2017 | 306324 |
Shareholding
The shareholding of H N Merchants Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of H N Merchants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving H N 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 H N 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 H N Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
H N Merchants Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Hans Kumar Agarwal ceased to be Director on 03 May 2018.
Frequently asked questions
H N Merchants is an active private limited company based in Surat, Gujarat, India. The company works in specialty, within the trading industry. It was incorporated on 16 July 2004 (22+ years old) and is registered under CIN U51909GJ2004PTC110492.
H N Merchants has 2 current directors:
- Nitin Mukesh - Director
- Ankit - Director
The latest financial statements of H N 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 H N Merchants is U51909GJ2004PTC110492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H N Merchants was incorporated on 16 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of H N Merchants by revenue are Spa Investments Private Limited, Ama Ceramics Private Limited, Neonfit Fashion Private Limited, Dental Aesthetics Private Limited, Akoda Global Logistics Private Limited and 5 more, all in the same principal business activity (retail trading).
Hans Kumar Agarwal ceased to be Director on 03 May 2018. Binay Kumar Singh ceased to be Director on 23 Jul 2016. Ankit was appointed as Director on 10 Jan 2015. H N Merchants has 6 board changes on record in total.
The registered office of H N Merchants is at Flat No. – 904 9th Floor Ashirwad Palace – C BH Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.
H N Merchants operates in the trading industry, in the specialty segment.
The compliance status of H N Merchants is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.
H N Merchants can be reached at its registered office: Flat No. – 904 9th Floor Ashirwad Palace – C BH Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.
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