Magan Mercantile Private Limited
About Magan Mercantile Private Limited
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Magan Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 13 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2008PTC185772.
The company has an authorised share capital of ₹1.34 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Pravin Anant Nerurkar and Arati Pravin Nerurkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at R.No.13 Daulat Nagar Road No. 7 Near Jain Mandir Borivali East Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2016, the company reported a revenue of ₹43,858. For the same year it recorded a net loss of ₹59.25 Lakh and EBITDA of -₹53,929 (EBITDA margin -123%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Magan 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 AddressR.No.13 Daulat Nagar Road No. 7 Near Jain Mandir Borivali East Mumbai, Maharashtra, India – 400066
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Magan 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 Magan Mercantile Private Limited
FY 2021 filings availableMagan Mercantile Private Limited reported revenue of ₹43,858 for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹43,858 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹53,929 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹59.25 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -123% | |
| 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 Magan Mercantile Private Limited, buy the company report.
Board of directors of Magan Mercantile Private Limited
Magan Mercantile has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Anant Nerurkar | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Arati Pravin Nerurkar | Additional Director | 14 Nov 2020 | 5 Years 11 Months | Current |
Auditor
Magan Mercantile Private Limited is audited by ANKUR DARGAR for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKUR DARGAR | FY 2016 | 119745 |
Shareholding
The shareholding of Magan Mercantile Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Magan Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Magan 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 Magan 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 Magan Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Magan Mercantile Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Arati Pravin Nerurkar was appointed as Additional Director on 14 Nov 2020.
5 earlier events are in the company report.
Frequently asked questions
Magan Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 13 August 2008 (18+ years old) and is registered under CIN U51900MH2008PTC185772.
Magan Mercantile has 2 current directors:
- Pravin Anant Nerurkar - Director
- Arati Pravin Nerurkar - Additional Director
The latest financial statements of Magan Mercantile on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Magan Mercantile is U51900MH2008PTC185772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Magan Mercantile was incorporated on 13 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Arati Pravin Nerurkar was appointed as Additional Director on 14 Nov 2020. Prakash Ratilal Naik ceased to be Additional Director on 14 Nov 2020. Ranjankumar Ramdulare Rajbhar ceased to be Additional Director on 14 Nov 2020. Magan Mercantile has 14 board changes on record in total.
The registered office of Magan Mercantile is at R.No.13 Daulat Nagar Road No. 7 Near Jain Mandir Borivali East Mumbai, Maharashtra, India – 400066.
Magan Mercantile operates in the trading industry, in the wholesale segment.
The compliance status of Magan Mercantile is active non-compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
Magan Mercantile can be reached at its registered office: R.No.13 Daulat Nagar Road No. 7 Near Jain Mandir Borivali East Mumbai, Maharashtra, India – 400066.
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