Kunal Mercantile Private Limited
About Kunal Mercantile Private Limited
Data last updated:
Kunal Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the iron and steel segment of the steel sector. It was incorporated on 28 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27106MH1990PTC059182. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.27 Lakh. It is led by directors including Jay Hemant Mehta and Mansi Suraj Choksi.
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 155 Mittal Courtb Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.65 Lakh, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹15.37 Lakh (net margin 59.9%) and EBITDA of ₹22.58 Lakh (EBITDA margin 88%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 44% 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
Kunal 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 Address155 Mittal Courtb Wing Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustrySteel, Iron & Steel, Manufacturing
To see the full contact details of Kunal 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
Financials of Kunal Mercantile Private Limited
FY 2025 filings availableKunal Mercantile Private Limited reported revenue of ₹25.65 Lakh (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 16% fall in the latest year. EBITDA fell 21% 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 | ₹22.58 Lakh | ||||
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| Net Profit (PAT) | ₹15.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 88% | ||||
| Net Profit Margin | 59.9% | ||||
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To see the full financial statements and ratios of Kunal Mercantile Private Limited, buy the company report.
Board of directors of Kunal Mercantile Private Limited
Kunal Mercantile has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Hemant Mehta Also directs: Kunal Multimedia and Software Private Limited, Kunal Commodities Private Limited, Parshwa Investments Private Limited and 1 more | Director | 15 May 2000 | 26 Years 5 Months | Current |
| Mansi Suraj Choksi Also directs: Kunal Multimedia and Software Private Limited, Kunal Commodities Private Limited, Parshwa Investments Private Limited and 1 more | Director | 25 Oct 2005 | 21 Years 0 Months | Current |
| Vibha Hemant Mehta Also directs: Kunal Multimedia and Software Private Limited, Kunal Commodities Private Limited, Parshwa Investments Private Limited and 1 more | Director | 18 Nov 1991 | 34 Years 11 Months | Current |
| Hemant Vrajlal Mehta Also directs: Kunal Multimedia and Software Private Limited, Kunal Commodities Private Limited, Parshwa Investments Private Limited and 2 more | Director | 28 Nov 1990 | 35 Years 10 Months | Current |
Auditor
Kunal Mercantile Private Limited is audited by PRASHANT SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT SHAH & ASSOCIATES | FY 2023 | 108137W |
Shareholding
The shareholding of Kunal Mercantile Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kunal Mercantile Private Limited, buy the company report.
Legal cases
Kunal Mercantile 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 (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAE) | Filed against the company by individuals | Disposed |
To see the full case history of Kunal 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 Kunal Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kunal Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kunal Mercantile Private Limited, buy the company report.
Recent activity
Kunal Mercantile Private Limited has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Vrajlal Odhavji Mehta ceased to be Director on 12 Mar 2009.
Frequently asked questions
Kunal Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in iron and steel, within the steel industry. It was incorporated on 28 November 1990 (36+ years old) and is registered under CIN U27106MH1990PTC059182.
Kunal Mercantile has 4 current directors:
- Jay Hemant Mehta - Director
- Mansi Suraj Choksi - Director
- Vibha Hemant Mehta - Director
- Hemant Vrajlal Mehta - Director
The latest financial statements of Kunal Mercantile 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.
No. Kunal Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kunal Mercantile is U27106MH1990PTC059182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kunal Mercantile has 2 court cases on record: 2 filed against it.
Kunal Mercantile was incorporated on 28 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Vrajlal Odhavji Mehta ceased to be Director on 12 Mar 2009. Mansi Suraj Choksi was appointed as Director on 25 Oct 2005. Jay Hemant Mehta was appointed as Director on 15 May 2000. Kunal Mercantile has 5 board changes on record in total.
The registered office of Kunal Mercantile is at 155 Mittal Courtb Wing Nariman Point, Mumbai, Maharashtra, India – 400021.
Kunal Mercantile operates in the steel industry, in the iron and steel segment.