MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0049925
Aje Mercantile Private Limited
Aje Mercantile Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.14 Cr
▲ 12% YoY
Net profit · FY 2025
₹1.05 Cr
Net margin 17.2%
EBITDA · FY 2025
₹1.51 Cr
EBITDA margin 24.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
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 of Aje Mercantile Private Limited
CIN U51909MH2005PTC155458
Registration Number 155458
Incorporation Date 18 August 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0049925
Recognitions & Rankings of Aje Mercantile
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address406 Rainbow Chambers S.V. Road, Poinsur Nr. Mtnl Exchange Kandivali West, Mumbai, Maharashtra, India – 400067
- IndustryManufacturing, Rubber-Based Products, Plastic-Based Products
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Business Activity of Aje Mercantile Private Limited
The main business activity of Aje Mercantile is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Aje Mercantile Private Limited FY 2025 filings available
Aje Mercantile Private Limited reported revenue of ₹6.14 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹6.14 Cr ▲ 12%
Net profit · FY 2025
₹1.05 Cr margin 17.2%
EBITDA · FY 2025
₹1.51 Cr margin 24.6%
Compounded Annual Growth Rate (CAGR) of Aje Mercantile Private Limited
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 13%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 52%
5 years · compounded
▲ 24%
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 of Aje Mercantile Private Limited
| 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 of Aje Mercantile Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Aje Mercantile are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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.
Current Directors
| 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 |
Peer Comparison of Aje Mercantile Private Limited
Aje Mercantile Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Plastic Based Products, Rubber Based Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purform Mannequins Private Limited | ₹6.17 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Vasai East, Maharashtra, India |
| Divyansh Technoplast India Private Limited | ₹6.17 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Sinu Polymers Private Limited | ₹6.16 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | School Gokhiware Vasai, Maharashtra, India |
| Solar Plastics and Packagings Private Limited | ₹6.15 Cr (FY 2024) | •••• | •••• | 1256.0% | •••• | Delhi, India |
| Amul Polymer (India) Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Aje Mercantile Private Limited this company | ₹6.14 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Ecoflo Systems Private Limited | ₹6.14 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Nashik, Maharashtra, India |
| Sowbhagya Plastics Private Limited | ₹6.13 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Medak, Telangana, India |
| Nuova Fil and Infoteck Private Limited | ₹6.13 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Coimbatore, Tamil Nadu, India |
| Intermolde Furniture Private Limited | ₹6.11 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, India |
| Fibretuff Products India Private Limited | ₹6.1 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Atthanur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Aje Mercantile by revenue in the Manufacturing industry (Plastic Based Products, Rubber Based Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Aje Mercantile Private Limited
Aje Mercantile Private Limited is audited by KETAN N SHAH & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KETAN N SHAH & CO | Locked | Locked | Locked |
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Ownership and Shareholding of Aje Mercantile Private Limited
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Charges & Borrowings of Aje Mercantile Private Limited
Aje Mercantile Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Aje Mercantile Private Limited
Aje Mercantile Private Limited has 1 court case on record: 1 filed by Aje Mercantile. All case is disposed. Status as checked on 03 Oct 2026.
Total cases
1
Filed by the company
1
Disposed
1
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 | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Aje Mercantile Private Limited
Employment history and EPFO contributions of people linked to Aje Mercantile.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Aje Mercantile Private Limited
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.
AGM
Aje Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aje Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Jitendra Ramaniklal Vora ceased to be Whole-Time Director.
Appointed
Arti Jitendra Vora was appointed as Director.
Appointed
Jitendra Ramaniklal Vora was appointed as Whole-Time Director.
Appointed
Mitul Jitendra Vora was appointed as Whole-Time Director.
Incorporation
18 Aug 2005
Aje Mercantile Private Limited was registered on 18 Aug 2005 with Roc Mumbai & aged 21 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Aje Mercantile Private Limited
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MSME Payment Delays by Aje Mercantile Private Limited
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Subsidiaries & Group Companies of Aje Mercantile Private Limited
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GST Compliance of Aje Mercantile Private Limited
Aje Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA3236L1ZM | Maharashtra | Active | 01 Jul 2017 |
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MCA Filings & Documents of Aje Mercantile Private Limited
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Frequently Asked Questions about Aje Mercantile Private Limited
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 reported revenue of ₹6.14 Cr for FY 2025 (up 12% YoY).
Aje Mercantile has 2 current directors:
- Mitul Jitendra Vora - Whole-Time Director
- Arti Jitendra Vora - Director
Aje Mercantile reported a net profit of ₹1.05 Cr (net margin 17.2%) and EBITDA of ₹1.51 Cr (EBITDA margin 24.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Aje Mercantile is 13% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Aje Mercantile by revenue are Purform Mannequins Private Limited, Divyansh Technoplast India Private Limited, Sinu Polymers Private Limited, Solar Plastics and Packagings Private Limited, Amul Polymer (India) Private Limited and 5 more, all in the Manufacturing industry (Plastic Based Products, Rubber Based Products).
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.