Lovesh Mercantile Private Limited

Lovesh Mercantile Private Limited - home & lifestyle in Delhi, India. Directors, charges & compliance details.
CIN U70100DL2003PTC123125 Incorporated 18 November 2003 ROC Delhi HQ Delhi, India
Merged Private Limited Company home and lifestyle
Data last updated
Revenue · FY 2024
₹940
▼ 100% YoY
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date
Last AGM
30 Sep 2024
Annual general meeting

About Lovesh Mercantile Private Limited

Data last updated:

Lovesh Mercantile Private Limited was a private limited company based in Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 November 2003.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U70100DL2003PTC123125. Its GSTIN is 07AAACL9736B1ZM (Delhi).

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Kaveri Garg and Shalini Garg.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at D – 49 Second Floor Defence Colony, Delhi, India – 110024.

Its group structure included 1 subsidiary.

Company details

CIN U70100DL2003PTC123125
Registration Number 123125
Incorporation Date 18 November 2003
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

CIN history

Lovesh Mercantile has one previous CIN (Corporate Identification Number): U51224DL2003PTC123125. The current CIN is U70100DL2003PTC123125, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U70100DL2003PTC123125Current
U51224DL2003PTC123125Previous

Contact details

Lovesh Mercantile Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 49 Second Floor Defence Colony, Delhi, India – 110024
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Lovesh Mercantile Private Limited, buy the company report.

Comprehensive company report
Lovesh Mercantile Private Limited - one report that includes everything
  • 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
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Financials of Lovesh Mercantile Private Limited

FY 2024 filings available

Lovesh Mercantile Private Limited reported revenue of ₹940 (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹940 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 98%
5 years · compounded
▼ 80%

Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Lovesh Mercantile Private Limited, buy the company report.

Board of directors of Lovesh Mercantile Private Limited

Lovesh Mercantile has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Kaveri GargDirector05 Dec 20187 Years 10 MonthsAs last reported
Shalini GargDirector15 Feb 20197 Years 8 MonthsAs last reported

Auditor

Lovesh Mercantile Private Limited is audited by A H S G & Co. LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A H S G & Co. LLPFY 2023017188C/C400304

Shareholding

The shareholding of Lovesh 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Lovesh Mercantile Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lovesh Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Lovesh Mercantile has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Pragun Finance Private LimitedU64990DL2007PTC164220

To see the full group structure of Lovesh Mercantile Private Limited, buy the company report.

GST

Lovesh Mercantile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
07AAACL9736B1ZMDelhiActive02 Mar 2018

To see the full GST registrations and return filing status of Lovesh Mercantile Private Limited, buy the company report.

Recent activity

Lovesh Mercantile Private Limited has 11 board changes on record since 2011: 2 appointments and 9 cessations. The latest: Kaveri Garg ceased to be Additional Director on 27 Sep 2019.

AGM
Lovesh Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Lovesh Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Ceased
Kaveri Garg ceased to be Additional Director.
Ceased
Shalini Garg ceased to be Additional Director.
Ceased
Madhu Garg ceased to be Director.
Appointed
Shalini Garg was appointed as Director.
Appointed
Kaveri Garg was appointed as Director.
Ceased
Varun Garg ceased to be Additional Director.
Ceased
Jai Pal Garg ceased to be Additional Director.
Ceased
Ramkumar ceased to be Additional Director.
Ceased
Vikas Saini ceased to be Additional Director.
Ceased
Ashok Kumar ceased to be Director.

2 earlier events are in the company report.

Frequently asked questions

Lovesh Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Lovesh Mercantile was a private limited company based in Delhi, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 November 2003 and is registered under CIN U70100DL2003PTC123125. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Lovesh Mercantile was incorporated on 18 November 2003. It is registered with the Registrar of Companies, Delhi.

Lovesh Mercantile had 2 directors:

The CIN (Corporate Identification Number) of Lovesh Mercantile is U70100DL2003PTC123125. 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 Lovesh Mercantile is at D – 49 Second Floor Defence Colony, Delhi, India – 110024.

The latest financial statements of Lovesh Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Lovesh Mercantile is 07AAACL9736B1ZM, registered in Delhi.

Lovesh Mercantile operated in the home and lifestyle industry, in the textile retail and distribution segment.

Kaveri Garg ceased to be Additional Director on 27 Sep 2019. Shalini Garg ceased to be Additional Director on 27 Sep 2019. Madhu Garg ceased to be Director on 18 Feb 2019. Lovesh Mercantile has 11 board changes on record in total.