Ab Initio Mercantile Private Limited
About Ab Initio Mercantile Private Limited
Data last updated:
Ab Initio Mercantile Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 27 October 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC033684.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gool Carsasp Marfatia (Whole-Time Director) and Shanayya Anklesaria Arish.
Its last annual general meeting (AGM) was held on 26 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 85 First Floor Nose II, New Delhi, Delhi, India – 110049.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.5 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹44,030 (net margin -9.8%) and EBITDA of -₹18,800 (EBITDA margin -4.2%). Revenue has grown at a compounded annual rate (CAGR) of 137% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ab Initio Mercantile Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 85 First Floor Nose II, New Delhi, Delhi, India – 110049
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Ab Initio 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
Business activity
The main business activity of Ab Initio Mercantile is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Ab Initio Mercantile Private Limited, buy the company report.
Financials of Ab Initio Mercantile Private Limited
FY 2025 filings availableAb Initio Mercantile Private Limited reported revenue of ₹4.5 Lakh (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 137%. EBITDA fell 71% 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 | -₹18,800 | ||||
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| Net Profit (PAT) | -₹44,030 | ||||
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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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| EBITDA Margin | -4.2% | ||||
| Net Profit Margin | -9.8% | ||||
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To see the full financial statements and ratios of Ab Initio Mercantile Private Limited, buy the company report.
Board of directors of Ab Initio Mercantile Private Limited
Ab Initio Mercantile has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanayya Anklesaria Arish | Director | 25 Nov 2017 | 8 Years 11 Months | Current |
| Gool Carsasp Marfatia | Whole-Time Director | 27 Oct 1988 | 38 Years 0 Months | Current |
| Nitash Anklesaria | Director | 14 Apr 2021 | 5 Years 6 Months | Current |
Peer comparison
Ab Initio Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Market Reglance Private Limited | ₹4.5 Lakh (FY 2025) | -37.0% | Pune, Maharashtra, India | |||
| LGQ Solutions Private Limited | ₹4.5 Lakh (FY 2024) | 19.0% | Bhiwadi, Rajasthan, India | |||
| Hallmark Corporate Services (India) Private Limited | ₹4.5 Lakh (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Ab Initio Mercantile Private Limitedthis company | ₹4.5 Lakh (FY 2025) | -₹44,030 | -9.8% | -69.0% | New Delhi, Delhi, India | |
| Elphinstone Properties Private Limited | ₹4.5 Lakh (FY 2019) | Kolkata, West Bengal, India | ||||
| Enaarji Consumer Goods Private Limited | ₹4.5 Lakh (FY 2024) | Delhi, India | ||||
| RSPL Tradelink Private Limited | ₹4.49 Lakh (FY 2019) | -36.0% | Ahmedabad, Gujarat, India | |||
| Maruti Coreflux Private Limited | ₹4.49 Lakh (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| Autus Learning Consultants Private Limited | ₹4.48 Lakh (FY 2016) | -82.0% | Kankroli, Rajasthan, India | |||
| Ahavah Khen Global Services Private Limited | ₹4.48 Lakh (FY 2025) | 255.0% | Hyderabad, Telangana, India | |||
| Sum Advisory Services Private Limited | ₹4.48 Lakh (FY 2020) | 8.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Ab Initio Mercantile Private Limited, buy the company report.
Auditor
Ab Initio Mercantile Private Limited is audited by BAWA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAWA & ASSOCIATES | FY 2017 | 008044N |
Shareholding
The shareholding of Ab Initio 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 Ab Initio Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ab Initio 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 Ab Initio 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 Ab Initio Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ab Initio Mercantile Private Limited has 6 board changes on record since 1988: 3 appointments and 3 cessations. The latest: Carsasp Marfatia Kekobad ceased to be Director on 10 May 2024.
Frequently asked questions
Ab Initio Mercantile is an active private limited company based in New Delhi, Delhi, India. The company works in advisory, within the financial services industry. It was incorporated on 27 October 1988 (38+ years old) and is registered under CIN U74899DL1988PTC033684.
Ab Initio Mercantile has 3 current directors:
- Gool Carsasp Marfatia - Whole-Time Director
- Shanayya Anklesaria Arish - Director
- Nitash Anklesaria - Director
The latest financial statements of Ab Initio Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ab Initio Mercantile is U74899DL1988PTC033684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ab Initio Mercantile was incorporated on 27 October 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ab Initio Mercantile by revenue are Market Reglance Private Limited, LGQ Solutions Private Limited, Hallmark Corporate Services (India) Private Limited, Elphinstone Properties Private Limited, Enaarji Consumer Goods Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Carsasp Marfatia Kekobad ceased to be Director on 10 May 2024. Nitash Anklesaria ceased to be Additional Director on 05 Nov 2021. Nitash Anklesaria was appointed as Director on 14 Apr 2021. Ab Initio Mercantile has 6 board changes on record in total.
The registered office of Ab Initio Mercantile is at A 85 First Floor Nose II, New Delhi, Delhi, India – 110049.
Ab Initio Mercantile operates in the financial services industry, in the advisory segment.
The compliance status of Ab Initio Mercantile is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Ab Initio Mercantile can be reached at its registered office: A 85 First Floor Nose II, New Delhi, Delhi, India – 110049.
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