Simco Mercantile Limited
About Simco Mercantile Limited
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Simco Mercantile Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 23 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1992PLC068678.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.36 Cr. It is led by directors including Piyush Nawalkishore Goenka and Urmila Naval Goenka.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 28/30 Anantwadi 1st Floor, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.12 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Lakh (net margin -68%) and EBITDA of -₹2.11 Lakh (EBITDA margin -67.7%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years and 21% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Simco Mercantile has one previous CIN (Corporate Identification Number): U51900MH1992PTC068678. The current CIN is U51900MH1992PLC068678, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1992PLC068678 | Current |
| U51900MH1992PTC068678 | Previous |
Contact details
Simco Mercantile Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address28/30 Anantwadi 1st Floor, Mumbai, Maharashtra, India – 400001
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Simco Mercantile 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 Simco Mercantile Limited
FY 2025 filings availableSimco Mercantile Limited reported revenue of ₹3.12 Lakh (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 26% fall in the latest year. EBITDA fell 302% 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 | -₹2.11 Lakh | ||||
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| Net Profit (PAT) | -₹2.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -67.7% | ||||
| Net Profit Margin | -68% | ||||
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To see the full financial statements and ratios of Simco Mercantile Limited, buy the company report.
Board of directors of Simco Mercantile Limited
Simco Mercantile has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Nawalkishore Goenka | Director | 06 Mar 2008 | 18 Years 7 Months | Current |
| Urmila Naval Goenka Also directs: Shree Global Threads Industries Private Limited | Director | 24 Dec 2020 | 5 Years 10 Months | Current |
| Meghna Aggarwal | Additional Director | 11 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Simco Mercantile Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rudra Capital Services Private Limited | ₹3.13 Lakh (FY 2024) | 30.0% | New Delhi, Delhi, India | |||
| Stepping Stone Financial Services Private Limited | ₹3.13 Lakh (FY 2025) | Surat, Gujarat, India | ||||
| Shubhayush Nidhi Limited | ₹3.12 Lakh (FY 2025) | 22.0% | Dehradun, Uttarakhand, India | |||
| Jeet Corporate Services Private Limited | ₹3.12 Lakh (FY 2021) | -86.0% | Ahmedabad, Gujarat, India | |||
| Hrim Syntex Private Limited | ₹3.12 Lakh (FY 2024) | 6.0% | Mumbai, Maharashtra, India | |||
| Simco Mercantile Limitedthis company | ₹3.12 Lakh (FY 2025) | -₹2.12 Lakh | -68% | -26.0% | Mumbai, Maharashtra, India | |
| D'mitra Finance and Leasing Co Pvt Ltd | ₹3.12 Lakh (FY 2025) | 0.0% | Aurangabad, Maharashtra, India | |||
| Moon Light Trade Associates Pvt Ltd. | ₹3.11 Lakh (FY 2025) | 90.0% | Kolkata, West Bengal, India | |||
| Alok Trade and Investment Pvt Ltd | ₹3.11 Lakh (FY 2021) | -43.0% | Mumbai, Maharashtra, India | |||
| Alfastox Securities Private Limited | ₹3.11 Lakh (FY 2024) | 21.0% | Gurugram, Haryana, India | |||
| Khaperbasia Herbal Private Limited | ₹3.11 Lakh (FY 2024) | 73.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Simco Mercantile Limited, buy the company report.
Auditor
Simco Mercantile Limited is audited by MAJITHIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJITHIA & ASSOCIATES | FY 2017 | 105871W |
Shareholding
The shareholding of Simco Mercantile Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Simco Mercantile Limited, buy the company report.
Legal cases
No court or tribunal cases involving Simco Mercantile 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 Simco Mercantile 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 Simco Mercantile Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Simco Mercantile Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Linesh Laherchand Nagda ceased to be Director on 12 Nov 2024.
Frequently asked questions
Simco Mercantile is an active public limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 23 September 1992 (34+ years old) and is registered under CIN U51900MH1992PLC068678.
Simco Mercantile has 3 current directors:
- Piyush Nawalkishore Goenka - Director
- Urmila Naval Goenka - Director
- Meghna Aggarwal - Additional Director
The latest financial statements of Simco Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Simco Mercantile is U51900MH1992PLC068678. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Simco Mercantile was incorporated on 23 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Simco Mercantile by revenue are Rudra Capital Services Private Limited, Stepping Stone Financial Services Private Limited, Shubhayush Nidhi Limited, Jeet Corporate Services Private Limited, Hrim Syntex Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Linesh Laherchand Nagda ceased to be Director on 12 Nov 2024. Meghna Aggarwal was appointed as Additional Director on 11 Nov 2024. Urmila Naval Goenka ceased to be Director Appointed In Casual Vacancy on 30 Nov 2021. Simco Mercantile has 8 board changes on record in total.
The registered office of Simco Mercantile is at 2830 Anantwadi 1st Floor, Mumbai, Maharashtra, India – 400001.
Simco Mercantile operates in the financial services industry, in the diversified financial services segment.
The compliance status of Simco Mercantile is compliant as of 08 July 2026. The company is actively filing with the Registrar of Companies.
Simco Mercantile can be reached at its registered office: 2830 Anantwadi 1st Floor, Mumbai, Maharashtra, India – 400001.