- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0049925

Aje Mercantile Private Limited
About Aje Mercantile Private Limited
Data last updated:
Aje Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the rubber-based products segment of the manufacturing sector. It was incorporated on 18 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2005PTC155458. Its GSTIN is 27AAFCA3236L1ZM (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mitul Jitendra Vora (Whole-Time Director) and Arti Jitendra Vora.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.14 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.05 Cr (net margin 17.2%) and EBITDA of ₹1.51 Cr (EBITDA margin 24.6%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 15% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Aje Mercantile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0049925). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Aje Mercantile
Contact details
Aje Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address406 Rainbow Chambers S.V. Road, Poinsur Nr. Mtnl Exchange Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
To see the full contact details of Aje 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 Aje Mercantile is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Aje Mercantile Private Limited, buy the company report.
Financials of Aje Mercantile Private Limited
FY 2025 filings availableAje Mercantile Private Limited reported revenue of ₹6.14 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA fell 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.6% | ||||
| Net Profit Margin | 17.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Aje Mercantile Private Limited, buy the company report.
Board of directors of Aje Mercantile Private Limited
Aje Mercantile has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arti Jitendra Vora Also directs: Techno Polymer Industries Private Limited | Director | 03 Oct 2017 | 9 Years 0 Months | Current |
| Mitul Jitendra Vora | Whole-Time Director | 18 Aug 2005 | 21 Years 2 Months | Current |
Auditor
Aje Mercantile Private Limited is audited by KETAN N SHAH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KETAN N SHAH & CO | FY 2021 | 104996W |
Shareholding
The shareholding of Aje Mercantile Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aje Mercantile Private Limited, buy the company report.
Legal cases
Aje Mercantile Private Limited has 1 court case on record: 1 filed by Aje Mercantile. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CUSAA) | Filed by the company against Government of India and Ors | Disposed |
To see the full case history of Aje Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aje Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aje Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA3236L1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aje Mercantile Private Limited, buy the company report.
Recent activity
Aje Mercantile Private Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Jitendra Ramaniklal Vora ceased to be Whole-Time Director on 31 Dec 2024.
Frequently asked questions
Aje Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in rubber-based products, within the manufacturing industry. It was incorporated on 18 August 2005 (21+ years old) and is registered under CIN U51909MH2005PTC155458.
Aje Mercantile has 2 current directors:
- Mitul Jitendra Vora - Whole-Time Director
- Arti Jitendra Vora - Director
The latest financial statements of Aje 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 GSTIN of Aje Mercantile is 27AAFCA3236L1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aje Mercantile is U51909MH2005PTC155458. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aje Mercantile has 1 court case on record: 1 filed by the company.
Aje Mercantile was incorporated on 18 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Jitendra Ramaniklal Vora ceased to be Whole-Time Director on 31 Dec 2024. Arti Jitendra Vora was appointed as Director on 03 Oct 2017. Jitendra Ramaniklal Vora was appointed as Whole-Time Director on 18 Aug 2005. Aje Mercantile has 4 board changes on record in total.
Yes, Aje Mercantile is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0049925).
The registered office of Aje Mercantile is at 406 Rainbow Chambers S.V. Road, Poinsur Nr. Mtnl Exchange Kandivali West, Mumbai, Maharashtra, India – 400067.