About Mevarick Merchant Bankers Private Limited
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Mevarick Merchant Bankers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 02 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH2011PTC223575.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹5.95 Cr. It was formerly known as Jolly Realty Private Limited. It is led by directors Paarth Manish Ghia and Manish Lalitchandra Ghia.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.44 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹8.92 Lakh (net margin -41.6%) and EBITDA of ₹4.5 Lakh (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jollyboard.com.
Company details
CIN history
Mevarick Merchant Bankers has one previous CIN (Corporate Identification Number): U45400MH2011PTC223575. The current CIN is U66190MH2011PTC223575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH2011PTC223575 | Current |
| U45400MH2011PTC223575 | Previous |
Contact details
Mevarick Merchant Bankers Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address4 Chandan Niwas 1st Floor, Mathuradas Visanji Road, Mumbai, Maharashtra, India – 400069
- IndustryInfrastructure and Utilities, General Infrastructure Services
- 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 Mevarick Merchant Bankers Private Limited
FY 2025 filings availableMevarick Merchant Bankers Private Limited reported revenue of ₹21.44 Lakh (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 87% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.5 Lakh | ||||
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| Net Profit (PAT) | -₹8.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 21% | ||||
| Net Profit Margin | -41.6% | ||||
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To see the full financial statements and ratios of Mevarick Merchant Bankers Private Limited, buy the company report.
Board of directors of Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Lalitchandra Ghia Also directs: M K B Agro Private Limited, Sca South Asia Petrochemicals Private Limited, MG Consulting Private Limited and 4 more | Additional Director | 01 Jan 2025 | 1 Years 10 Months | Current |
| Paarth Manish Ghia | Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Mevarick Merchant Bankers Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agra Smart City Limited | ₹21.83 Lakh (FY 2024) | 175.0% | Agra, Uttar Pradesh, India | |||
| JKS Empire Private Limited | ₹21.7 Lakh (FY 2025) | 236.0% | Kolkata, West Bengal, India | |||
| Vision Amaltas Mega Projects Private Limited | ₹21.65 Lakh (FY 2025) | 3.0% | Bhopal, Madhya Pradesh, India | |||
| Ujala Share and Stock Broking Private Limited | ₹21.63 Lakh (FY 2025) | 236.0% | Ahmedabad, Gujarat, India | |||
| Tejendra Infrastructure Private Limited | ₹21.58 Lakh (FY 2024) | -86.0% | Ahmedabad, Gujarat, India | |||
| Mevarick Merchant Bankers Private Limitedthis company | ₹21.44 Lakh (FY 2024) | -₹8.92 Lakh | -41.6% | -45.0% | Mumbai, Maharashtra, India | |
| Statco Infraprojects Private Limited | ₹21.43 Lakh (FY 2019) | -87.0% | Chennai, Tamil Nadu, India | |||
| Jalyan Infrastructures Private Limited | ₹21.29 Lakh (FY 2020) | 31.0% | Mumbai, Maharashtra, India | |||
| GMS Exports Private Limited | ₹21.2 Lakh (FY 2024) | 86.0% | New Delhi, Delhi, India | |||
| Landsky Engineering and Infrastructures Private Limited | ₹21.2 Lakh (FY 2024) | -45.0% | Hyderabad, Telangana, India | |||
| Shree Siddhi Vinayak Infra Private Limited | ₹21.2 Lakh (FY 2025) | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mevarick Merchant Bankers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mevarick Merchant Bankers 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 Mevarick Merchant Bankers 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 Mevarick Merchant Bankers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mevarick Merchant Bankers Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Paarth Manish Ghia ceased to be Additional Director on 30 Oct 2025.
Frequently asked questions
Mevarick Merchant Bankers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 02 November 2011 (15+ years old) and is registered under CIN U66190MH2011PTC223575.
Mevarick Merchant Bankers has 2 current directors:
- Manish Lalitchandra Ghia - Additional Director
- Paarth Manish Ghia - Director
The latest financial statements of Mevarick Merchant Bankers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Mevarick Merchant Bankers is U66190MH2011PTC223575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mevarick Merchant Bankers was incorporated on 02 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mevarick Merchant Bankers by revenue are Agra Smart City Limited, JKS Empire Private Limited, Vision Amaltas Mega Projects Private Limited, Ujala Share and Stock Broking Private Limited, Tejendra Infrastructure Private Limited and 5 more, all in the Infrastructure industry (Infrastructure Services).
Paarth Manish Ghia ceased to be Additional Director on 30 Oct 2025. Arjun Arvind Jolly ceased to be Additional Director on 01 Jan 2025. Manish Lalitchandra Ghia was appointed as Additional Director on 01 Jan 2025. Mevarick Merchant Bankers has 6 board changes on record in total.
Mevarick Merchant Bankers can be reached through the website jollyboard.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mevarick Merchant Bankers is at 4 Chandan Niwas 1st Floor, Mathuradas Visanji Road, Mumbai, Maharashtra, India – 400069.
Mevarick Merchant Bankers operates in the infrastructure and utilities industry, in the general infrastructure services segment.
The compliance status of Mevarick Merchant Bankers is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
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