Akhilesh Mercantile Private Limited - Company Profile

It is a financial services private limited company based in Lower Parel, Maharashtra, India, established in 1991.
1991 Lower Parel, Maharashtra, India Active
Last Updated:
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About Akhilesh Mercantile Private Limited

Akhilesh Mercantile Private Limited, a active private limited company, was established on 17 December 1991 in Lower Parel, Maharashtra, India. Engaging in financial activities within the financial and insurance service sector, it holds CIN: U66120MH1991PTC064516. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹0.70 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Devang Hemantkumar Vyas (Director), Manish Arun Palkar (Director). Past directors included Samir Kumar Saha, Hemant Bhanushankar Vyas, Rohit Parmananddas Doshi. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at 323/A, Shah & Nahar Industrial Estate, Dhanraj Mill Compound, Sitaram Jadhav Ma, Rg,, Lower Parel, Maharashtra, 400013.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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Company Details

  • CIN/LLPIN

    U66120MH1991PTC064516

  • Registration Number

    064516

  • Incorporation Date

    17 December 1991

  • Authorized Capital

    ₹0.70 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 34 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
Company report

Akhilesh Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Akhilesh Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Akhilesh Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Devang Hemantkumar Vyas Director 25 Nov 2005 Current
Manish Arun Palkar Director 15 Dec 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Jun 2015 Past
Pramod Abcsdd Director 01 Jan 2021 Past
Pramod Abcsdd Director 30 Mar 2015 Past
Pramod Abcsdd Additional Director 31 Dec 2020 Past
Pramod Abcsdd Director 21 Apr 2009 Past

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Financial Performance of Akhilesh Mercantile.

Akhilesh Mercantile Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Akhilesh Mercantile revenue growth over time
Akhilesh Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
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What is the Ownership and Shareholding Structure of Akhilesh Mercantile?

In 2017, Akhilesh Mercantile had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Akhilesh Mercantile?

Unlock and access historical data on people associated with Akhilesh Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akhilesh Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akhilesh Mercantile's trajectory.

Rating
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Alerts
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Latest Updates, News, and FAQs on Akhilesh Mercantile
Recent Activity within the Organization
  • Annual General Meeting

    Akhilesh Mercantile Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Akhilesh Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Director Appointment

    The activity Manish Arun Palkar was appointed as a Director was appointed as a Director on 15 Dec 2020 & has been associated with this company since 5 years 2 months . was completed.

  • Director Appointment

    Progress on Devang Hemantkumar Vyas was appointed as a Director was appointed as a Director on 25 Nov 2005 & has been associated with this company since 20 years 3 months . was documented.

  • Company Incorporation

    Progress on Akhilesh Mercantile Private Limited was registered on 17 Dec 1991 with Roc Mumbai I & aged 34 years 2 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Akhilesh Mercantile Private Limited?

The CIN of Akhilesh Mercantile Private Limited is U66120MH1991PTC064516.

Where is Akhilesh Mercantile Private Limited headquartered?

Akhilesh Mercantile Private Limited is headquartered at 323/A, Shah & Nahar Industrial Estate, Dhanraj Mill Compound, Sitaram Jadhav Ma, Rg,, Lower Parel, Maharashtra, 400013.

When was Akhilesh Mercantile Private Limited incorporated?

Akhilesh Mercantile Private Limited was incorporated on 17 December 1991.

Who are the current directors of Akhilesh Mercantile Private Limited?

The current directors of Akhilesh Mercantile Private Limited are

What is the primary industry of Akhilesh Mercantile Private Limited?

The primary industry of Akhilesh Mercantile Private Limited is Financial And Insurance Service.

Is Akhilesh Mercantile Private Limited a listed company?

Akhilesh Mercantile Private Limited is unlisted.

What is the capital structure of Akhilesh Mercantile Private Limited?

The authorized capital of Akhilesh Mercantile Private Limited is ₹0.70 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Akhilesh Mercantile Private Limited?

The compliance status of Akhilesh Mercantile Private Limited is Compliant.

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