Nippon Millennium Mercantile Private Limited
About Nippon Millennium Mercantile Private Limited
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Nippon Millennium Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the accommodation services by hotel segment of the tourism and accommodation sector. It was incorporated on 09 April 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2012PTC229337. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Gagan Khurana and Ashwani Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 103/104 1st Floor Orbit Plaza New Prabhadevi Marg, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.25 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹2.54 Lakh (net margin -203.5%) and EBITDA of -₹2.44 Lakh (EBITDA margin -195.1%). Revenue has declined at a compounded annual rate (CAGR) of 92% over three years and 79% over five years.
Company details
Contact details
Nippon Millennium 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 Address103/104 1st Floor Orbit Plaza New Prabhadevi Marg, Mumbai, Maharashtra, India – 400025
- IndustryTourism And Accommodation, Accommodation Services By Hotel, Holiday Homes, Resorts, Hostel, Inns
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- 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
Business activity
The main business activity of Nippon Millennium Mercantile is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Nippon Millennium Mercantile Private Limited, buy the company report.
Financials of Nippon Millennium Mercantile Private Limited
FY 2020 filings availableNippon Millennium Mercantile Private Limited reported revenue of ₹1.25 Lakh (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 79% over five years. EBITDA fell 288% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹2.44 Lakh | ||||
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| Net Profit (PAT) | -₹2.54 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| Profitability | |||||
| EBITDA Margin | -195.1% | ||||
| Net Profit Margin | -203.5% | ||||
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To see the full financial statements and ratios of Nippon Millennium Mercantile Private Limited, buy the company report.
Board of directors of Nippon Millennium Mercantile Private Limited
Nippon Millennium Mercantile 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 |
|---|---|---|---|---|
| Gagan Khurana Also directs: Villadise Estates LLP | Director | 05 Mar 2019 | 7 Years 8 Months | As last reported |
| Ashwani Kumar Also directs: Loften India Private Limited | Director | 23 Jan 2017 | 9 Years 9 Months | As last reported |
Peer comparison
Nippon Millennium Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mansha Hospitality and Services Private Limited | ₹1.26 Lakh (FY 2024) | 263.0% | Port Blair, Andaman and Nicobar Islands, India | |||
| Ooty Tourism Private Limited | ₹1.26 Lakh (FY 2024) | Ootacamund, Tamil Nadu, India | ||||
| Malayoram Ayurveda Hill Resorts Private Limited | ₹1.26 Lakh (FY 2025) | 9.0% | Idukki, Kerala, India | |||
| Ait Hotels Private Limited | ₹1.26 Lakh (FY 2022) | Ahmedabad, Gujarat, India | ||||
| Harsha Holidays and Resorts Private Limited | ₹1.25 Lakh (FY 2025) | -93.0% | Ahmedabad, Gujarat, India | |||
| Nippon Millennium Mercantile Private Limitedthis company | ₹1.25 Lakh (FY 2020) | -₹2.54 Lakh | -203.5% | -100.0% | Mumbai, Maharashtra, India | |
| Sri Sarojinamma Events Private Limited | ₹1.25 Lakh (FY 2021) | -94.0% | Mahabubabad, Telangana, India | |||
| Metro Hotels & Resorts Private Limited | ₹1.24 Lakh (FY 2018) | Morbi, Gujarat, India | ||||
| Spiceearth Infrastructure and Hotels Private Limited | ₹1.24 Lakh (FY 2018) | 408.0% | Idukki, Kerala, India | |||
| Uppal Hospitality Private Limited | ₹1.24 Lakh (FY 2024) | 5.0% | New Delhi, Delhi, India | |||
| Muhammed Yaseen Tours and Travels Private Limited | ₹1.24 Lakh (FY 2021) | Pandikkad Rd, Wandoor Post, Kerala, India |
To see the full peer comparison of Nippon Millennium Mercantile Private Limited, buy the company report.
Auditor
Nippon Millennium Mercantile Private Limited is audited by Vineet Garg & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vineet Garg & Co | FY 2017 | 009744N |
Shareholding
The shareholding of Nippon Millennium Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nippon Millennium Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nippon Millennium 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 Nippon Millennium Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nippon Millennium Mercantile has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nippon Millennium Mercantile Private Limited, buy the company report.
Recent activity
Nippon Millennium Mercantile Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Gagan Khurana ceased to be Additional Director on 29 Sep 2019.
Frequently asked questions
Nippon Millennium Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nippon Millennium Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in accommodation services by hotel, within the tourism and accommodation industry. It was incorporated on 09 April 2012 and is registered under CIN U74999MH2012PTC229337. The company has been struck off by the Registrar of Companies and is no longer operational.
Nippon Millennium Mercantile had 2 directors:
- Gagan Khurana - Director
- Ashwani Kumar - Director
The CIN (Corporate Identification Number) of Nippon Millennium Mercantile is U74999MH2012PTC229337. 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 Nippon Millennium Mercantile is at 103104 1st Floor Orbit Plaza New Prabhadevi Marg, Mumbai, Maharashtra, India – 400025.
Nippon Millennium Mercantile was incorporated on 09 April 2012. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Nippon Millennium Mercantile on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Nippon Millennium Mercantile has 2 GST registrations on record and all of them are cancelled or inactive.
Nippon Millennium Mercantile operated in the tourism and accommodation industry, in the accommodation services by hotel segment. It worked in this industry before it was struck off.
The peers of Nippon Millennium Mercantile by revenue are Mansha Hospitality and Services Private Limited, Ooty Tourism Private Limited, Malayoram Ayurveda Hill Resorts Private Limited, Ait Hotels Private Limited, Harsha Holidays and Resorts Private Limited and 5 more, all in the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
Gagan Khurana ceased to be Additional Director on 29 Sep 2019. Gagan Khurana was appointed as Director on 05 Mar 2019. Kusum Singh ceased to be Director on 05 Mar 2019. Nippon Millennium Mercantile has 8 board changes on record in total.
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