
Lovesh Mercantile Private Limited
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 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.
| CIN | Status |
|---|---|
| U70100DL2003PTC123125 | Current |
| U51224DL2003PTC123125 | Previous |
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 AddressD – 49 Second Floor Defence Colony, Delhi, India – 110024
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Lovesh 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 Lovesh Mercantile Private Limited
FY 2024 filings availableLovesh Mercantile Private Limited reported revenue of ₹940 (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaveri Garg Also directs: P. M. Fashions Private Limited, Primrose Infradevelopers Private Limited, JPG Realcon LLP and 1 more | Director | 05 Dec 2018 | 7 Years 10 Months | As last reported |
| Shalini Garg Also directs: Atlantic Water World LLP, P. M. Fashions Private Limited, BK Buildcon Private Limited and 5 more | Director | 15 Feb 2019 | 7 Years 8 Months | As last reported |
Auditor
Lovesh Mercantile Private Limited is audited by A H S G & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A H S G & Co. LLP | FY 2023 | 017188C/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 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 Lovesh Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lovesh 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 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.
| Company Name | CIN | Shares held |
|---|---|---|
| Pragun Finance Private Limited | U64990DL2007PTC164220 |
To see the full group structure of Lovesh Mercantile Private Limited, buy the company report.
GST
Lovesh Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACL9736B1ZM | Delhi | Active | 02 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.
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:
- Kaveri Garg - Director
- Shalini Garg - Director
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.