Hem-Kanak Mercantile Private Limited
About Hem-Kanak Mercantile Private Limited
Data last updated:
Hem-Kanak Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 28 March 2002.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2002PTC135334.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹24.5 Lakh. It was led by directors Sadhana Nabera and Vaibhav Dangi.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Gr – 1/B May Building 299 – Princess Street, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2020, the company reported a revenue of ₹49 Lakh. For the same year it recorded a net profit of ₹43.63 Lakh (net margin 89%) and EBITDA of ₹48.95 Lakh (EBITDA margin 99.9%).
Company details
Contact details
Hem-Kanak Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGr – 1/B May Building 299 – Princess Street, Mumbai, Maharashtra, India – 400002
- IndustryFinancial Services, Financial Activities
To see the full contact details of Hem-Kanak 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
Business activity
The main business activity of Hem-Kanak Mercantile is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Hem-Kanak Mercantile Private Limited, buy the company report.
Financials of Hem-Kanak Mercantile Private Limited
FY 2020 filings availableHem-Kanak Mercantile Private Limited reported revenue of ₹49 Lakh for FY 2020.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹48.95 Lakh | ||||
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| Net Profit (PAT) | ₹43.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | 99.9% | ||||
| Net Profit Margin | 89% | ||||
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To see the full financial statements and ratios of Hem-Kanak Mercantile Private Limited, buy the company report.
Board of directors of Hem-Kanak Mercantile Private Limited
Hem-Kanak Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadhana Nabera Also directs: Monoline Mercantile LLP, Hemkanak Exim LLP, Dramatic Trading Company Private Limited and 1 more | Director | 01 Sep 2011 | 15 Years 2 Months | As last reported |
| Vaibhav Dangi | Director | 01 Sep 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Hem-Kanak Mercantile Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shikhar Leasing and Trading Limited | ₹49.1 Lakh (FY 2019) | 29.0% | Mumbai, Maharashtra, India | |||
| Guruprabha Nidhi Limited | ₹49.1 Lakh (FY 2025) | 64.0% | Thrissur, Kerala, India | |||
| Vaanya Finserve Consultancy Private Limited | ₹49.08 Lakh (FY 2025) | 98.0% | Meerut, Uttar Pradesh, India | |||
| Leaps and Bounds Trade and Investments Private Limited | ₹49.02 Lakh (FY 2017) | 84.0% | Nashik, Maharashtra, India | |||
| Hem-Kanak Mercantile Private Limitedthis company | ₹49 Lakh (FY 2020) | ₹43.63 Lakh | 89% | Mumbai, Maharashtra, India | ||
| Sreemathy Chit Funds Private Limited | ₹49 Lakh (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| Anton Chit Fund Private Limited | ₹48.98 Lakh (FY 2025) | 1.0% | Madurai, Tamil Nadu, India | |||
| H.K. Financiers Pvt. Ltd. | ₹48.96 Lakh (FY 2025) | -99.0% | Jaipur, Rajasthan, India | |||
| Mentorcap Management Private Limited | ₹48.96 Lakh (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Hem-Kanak Mercantile Private Limited, buy the company report.
Auditor
Hem-Kanak Mercantile Private Limited is audited by SANDEEP B. CHOUDHARY & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP B. CHOUDHARY & ASSOCIATES | FY 2017 | 113764 |
Shareholding
The shareholding of Hem-Kanak Mercantile 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 Hem-Kanak Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hem-Kanak Mercantile 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 Hem-Kanak Mercantile 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 Hem-Kanak Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hem-Kanak Mercantile Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Anil Taggarse Shridhar ceased to be Director on 07 Sep 2011.
Frequently asked questions
Hem-Kanak Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Hem-Kanak Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 28 March 2002 and is registered under CIN U51909MH2002PTC135334. The company has been struck off by the Registrar of Companies and is no longer operational.
Hem-Kanak Mercantile had 2 directors:
- Sadhana Nabera - Director
- Vaibhav Dangi - Director
The CIN (Corporate Identification Number) of Hem-Kanak Mercantile is U51909MH2002PTC135334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hem-Kanak Mercantile is at Gr – 1B May Building 299 – Princess Street, Mumbai, Maharashtra, India – 400002.
Hem-Kanak Mercantile was incorporated on 28 March 2002. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Hem-Kanak Mercantile on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Hem-Kanak Mercantile operated in the financial services industry, in the financial activities segment. It worked in this industry before it was struck off.
The peers of Hem-Kanak Mercantile by revenue are Shikhar Leasing and Trading Limited, Guruprabha Nidhi Limited, Vaanya Finserve Consultancy Private Limited, Leaps and Bounds Trade and Investments Private Limited, Sreemathy Chit Funds Private Limited and 3 more, all in the same principal business activity (other financial activities).
Anil Taggarse Shridhar ceased to be Director on 07 Sep 2011. Eregowda Shivanna ceased to be Director on 07 Sep 2011. Sadhana Nabera was appointed as Director on 01 Sep 2011. Hem-Kanak Mercantile has 8 board changes on record in total.
The compliance status of Hem-Kanak Mercantile is compliant as of 09 September 2026.
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