Mandavi Merchants Pvt. Ltd.
About Mandavi Merchants Pvt. Ltd.
Data last updated:
Mandavi Merchants Pvt. Ltd. is a private limited company based in Siliguri, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 04 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1994PTC063799.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.25 Lakh. It is led by directors Raj Kumar Agarwal and Nilesh Agarwal.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Shiv Roopam Kunj Near Sabji Market Jalpaimore Burdwan Road, Siliguri, West Bengal, India – 734005.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.57 Lakh, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹13.71 Lakh (net margin 78.1%) and EBITDA of ₹17.27 Lakh (EBITDA margin 98.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 8% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mandavi Merchants Pvt. Ltd.'s registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Shiv Roopam Kunj Near Sabji Market Jalpaimore Burdwan Road, Siliguri, West Bengal, India – 734005
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mandavi Merchants Pvt. Ltd., 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 Mandavi Merchants Pvt. Ltd.
FY 2025 filings availableMandavi Merchants Pvt. Ltd. reported revenue of ₹17.57 Lakh (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 8% growth in the latest year. EBITDA rose 9% 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 | ₹17.27 Lakh | ||||
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| Net Profit (PAT) | ₹13.71 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 | 98.3% | ||||
| Net Profit Margin | 78.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mandavi Merchants Pvt. Ltd., buy the company report.
Board of directors of Mandavi Merchants Pvt. Ltd.
Mandavi Merchants has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Agarwal Also directs: Terai Realtors LLP, Nettles Vinimay Private Limited | Director | 01 Mar 2012 | 14 Years 8 Months | Current |
| Nilesh Agarwal Also directs: Fulbari Ispat Private Limited | Director | 22 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Mandavi Merchants Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mankola Enterprises Private Limited | ₹17.61 Lakh (FY 2024) | 7.0% | Delhi, India | |||
| Peninsular Properties Pvt. Ltd. | ₹17.59 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Rd Khan Agro Private Limited | ₹17.59 Lakh (FY 2025) | -61.0% | Ghaziabad, Uttar Pradesh, India | |||
| Tanuj Nirman Private Limited | ₹17.59 Lakh (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Hoograjuli Services Pvt.Ltd. | ₹17.58 Lakh (FY 2025) | 57.0% | Kolkata, West Bengal, India | |||
| Mandavi Merchants Pvt. Ltd.this company | ₹17.57 Lakh (FY 2025) | ₹13.71 Lakh | 78.1% | 8.0% | Siliguri, West Bengal, India | |
| Sun Flower Estates Private Limited | ₹17.57 Lakh (FY 2023) | 110.0% | New Delhi, Delhi, India | |||
| Bajrangbali Abasan Private Limited | ₹17.56 Lakh (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Parsh Logistics Private Limited | ₹17.54 Lakh (FY 2025) | 148.0% | Mumbai, Maharashtra, India | |||
| Brilliant Iron & Alloys Private Limited | ₹17.53 Lakh (FY 2025) | 28.0% | Imphal, Manipur, India | |||
| J Ptrading House Pvt Ltd | ₹17.53 Lakh (FY 2025) | 17.0% | Howrah, West Bengal, India |
To see the full peer comparison of Mandavi Merchants Pvt. Ltd., buy the company report.
Auditor
Mandavi Merchants Pvt. Ltd. is audited by T C PAUL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T C PAUL & ASSOCIATES | FY 2019 | 327176E |
Shareholding
The shareholding of Mandavi Merchants Pvt. Ltd. is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mandavi Merchants Pvt. Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Mandavi Merchants Pvt. Ltd. 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 Mandavi Merchants Pvt. Ltd.; 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 Mandavi Merchants Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mandavi Merchants Pvt. Ltd. has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Binod Kumar Agrawal ceased to be Director on 24 Aug 2020.
Frequently asked questions
Mandavi Merchants is an active private limited company based in Siliguri, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 04 July 1994 (32+ years old) and is registered under CIN U51909WB1994PTC063799.
Mandavi Merchants has 2 current directors:
- Raj Kumar Agarwal - Director
- Nilesh Agarwal - Director
The latest financial statements of Mandavi Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mandavi Merchants is U51909WB1994PTC063799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandavi Merchants was incorporated on 04 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mandavi Merchants by revenue are Mankola Enterprises Private Limited, Peninsular Properties Pvt. Ltd, Rd Khan Agro Private Limited, Tanuj Nirman Private Limited, Hoograjuli Services Pvt.Ltd. and 5 more, all in the BFSI industry (Real Estate Leasing).
Binod Kumar Agrawal ceased to be Director on 24 Aug 2020. Nilesh Agarwal was appointed as Director on 22 Aug 2020. Sushil Kumar Agrawal ceased to be Director on 01 Oct 2015. Mandavi Merchants has 8 board changes on record in total.
The registered office of Mandavi Merchants is at CO Shiv Roopam Kunj Near Sabji Market Jalpaimore Burdwan Road, Siliguri, West Bengal, India – 734005.
Mandavi Merchants operates in the financial services industry, in the real estate financing segment.
The compliance status of Mandavi Merchants is compliant as of 14 August 2026. The company is actively filing with the Registrar of Companies.
Mandavi Merchants can be reached at its registered office: CO Shiv Roopam Kunj Near Sabji Market Jalpaimore Burdwan Road, Siliguri, West Bengal, India – 734005.
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