
Jinal Mercantile Private Limited
About Jinal Mercantile Private Limited
Data last updated:
Jinal Mercantile Private Limited was a private limited company based in Thane, 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 wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 20 December 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2011PTC225172.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It was led by directors Amit Jayantilal Pithadiya and Rajshri Datta Bharti Mann.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Gala No 5 1st Floor House No 1018 Hissa No 73/2 Anjur Phata Road Dapode Bhiwandi, Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.13 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹2.45 Cr (net margin 115.2%) and EBITDA of ₹2.49 Cr (EBITDA margin 117%).
Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Company details
Contact details
Jinal Mercantile Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressGala No 5 1st Floor House No 1018 Hissa No 73/2 Anjur Phata Road Dapode Bhiwandi, Thane, Maharashtra, India – 421302
- IndustryTrading, Wholesale, Other Wholesale
- 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 Jinal Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Jinal Mercantile Private Limited, buy the company report.
Financials of Jinal Mercantile Private Limited
FY 2017 filings availableJinal Mercantile Private Limited reported revenue of ₹2.13 Cr (down 94% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 94% in the latest year. EBITDA rose 539% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.49 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.45 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 117% | ||
| Net Profit Margin | 115.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Jinal Mercantile Private Limited, buy the company report.
Board of directors of Jinal Mercantile Private Limited
Jinal Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jayantilal Pithadiya Also directs: Jinal Infratech Private Limited | Additional Director | 11 Jun 2015 | 11 Years 5 Months | As last reported |
| Rajshri Datta Bharti Mann Also directs: Jinal Infratech Private Limited | Additional Director | 11 Jun 2015 | 11 Years 5 Months | As last reported |
Peer comparison
Jinal Mercantile Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| SPL Info Pathway Private Limited | ₹2.13 Cr (FY 2025) | -83.0% | Panchkula, Haryana, India | |||
| Beromt Private Limited | ₹2.13 Cr (FY 2024) | 33.0% | Pune, Maharashtra, India | |||
| Greenage Impex Private Limited | ₹2.13 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Invenico Building Solutions Private Limited | ₹2.13 Cr (FY 2025) | Lucknow, Uttar Pradesh, India | ||||
| Enchantrix Organic Private Limited | ₹2.13 Cr (FY 2025) | 89.0% | New Delhi, Delhi, India | |||
| Jinal Mercantile Private Limitedthis company | ₹2.13 Cr (FY 2017) | ₹2.45 Cr | 115.2% | -94.0% | Thane, Maharashtra, India | |
| Fybex Lifestyle Private Limited | ₹2.13 Cr (FY 2024) | -33.0% | Delhi, India | |||
| Review Merchandise Private Limited | ₹2.12 Cr (FY 2025) | -33.0% | Kolkata, West Bengal, India | |||
| Speedpack Packaging Machines Private Limited | ₹2.12 Cr (FY 2024) | 25.0% | Hyderabad, Telangana, India | |||
| Herosons Impex Limited | ₹2.12 Cr (FY 2025) | 33.0% | Agra, Uttar Pradesh, India | |||
| Soundshine Projects Private Limited | ₹2.12 Cr (FY 2025) | 76.0% | New Delhi, Delhi, India |
To see the full peer comparison of Jinal Mercantile Private Limited, buy the company report.
Legal cases
Jinal Mercantile Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shriram Credit Co. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Shriram Insight Share Brokers Ltd. | Pending |
To see the full case history of Jinal 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 Jinal 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 Jinal Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jinal Mercantile Private Limited has 10 board changes on record since 2012: 2 appointments and 8 cessations. The latest: Asha Rohit Shah ceased to be Additional Director on 16 Jun 2015.
1 earlier event is in the company report.
Frequently asked questions
Jinal 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.
Jinal Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in wholesale, within the trading industry. It was incorporated on 20 December 2011 and is registered under CIN U51101MH2011PTC225172. The company has been struck off by the Registrar of Companies and is no longer operational.
Jinal Mercantile had 2 directors:
- Amit Jayantilal Pithadiya - Additional Director
- Rajshri Datta Bharti Mann - Additional Director
The CIN (Corporate Identification Number) of Jinal Mercantile is U51101MH2011PTC225172. 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 Jinal Mercantile is at Gala No 5 1st Floor House No 1018 Hissa No 732 Anjur Phata Road Dapode Bhiwandi, Thane, Maharashtra, India – 421302.
Jinal Mercantile was incorporated on 20 December 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Jinal Mercantile on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
Jinal Mercantile operated in the trading industry, in the wholesale segment. It worked in this industry before it was struck off.
The peers of Jinal Mercantile by revenue are SPL Info Pathway Private Limited, Beromt Private Limited, Greenage Impex Private Limited, Invenico Building Solutions Private Limited, Enchantrix Organic Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Jinal Mercantile has 2 court cases on record: 2 filed against it. 2 are pending.
Asha Rohit Shah ceased to be Additional Director on 16 Jun 2015. Joseph Anthony Chathely ceased to be Additional Director on 16 Jun 2015. Amit Jayantilal Pithadiya was appointed as Additional Director on 11 Jun 2015. Jinal Mercantile has 10 board changes on record in total.

