Ankita Mercantiles Private Limited
About Ankita Mercantiles Private Limited
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Ankita Mercantiles Private Limited was a private limited company based in Amrawati, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 29 January 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC199444.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ankita Advertisment & Marketing Services Private Limited. It was led by directors Rajesh Porwal and Archana Desai.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Shop No. 1 Ground Floor Ssd Residency Plot No. 38 Near Gondbaba Temple, Amrawati, Maharashtra, India – 401107.
As per the financials filed for FY 2019, the company reported a revenue of ₹46.71 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹58.76 Lakh (net margin -1.3%) and EBITDA of -₹58.5 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
As per MCA filings, the company had satisfied charges of ₹5 Cr on record.
Company details
CIN history
Ankita Mercantiles has one previous CIN (Corporate Identification Number): U74999MH2010PTC199444. The current CIN is U51909MH2010PTC199444, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH2010PTC199444 | Current |
| U74999MH2010PTC199444 | Previous |
Contact details
Ankita Mercantiles Private Limited's registered office is in Amrawati, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 1 Ground Floor Ssd Residency Plot No. 38 Near Gondbaba Temple, Amrawati, Maharashtra, India – 401107
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Ankita Mercantiles 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 Ankita Mercantiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ankita Mercantiles Private Limited, buy the company report.
Financials of Ankita Mercantiles Private Limited
FY 2019 filings availableAnkita Mercantiles Private Limited reported revenue of ₹46.71 Cr (down 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 88% fall in the latest year. EBITDA fell 299% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹46.71 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹58.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹58.76 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ankita Mercantiles Private Limited, buy the company report.
Board of directors of Ankita Mercantiles Private Limited
Ankita Mercantiles has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Porwal | Director | 11 Jan 2019 | 7 Years 10 Months | As last reported |
| Archana Desai | Director | 20 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Ankita Mercantiles Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mungipa Irritech Private Limited | ₹46.81 Cr (FY 2024) | 36.0% | Bhiwani, Haryana, India | |||
| Ankita Mercantiles Private Limitedthis company | ₹46.71 Cr (FY 2019) | -₹58.76 Lakh | -1.3% | -88.0% | Amrawati, Maharashtra, India | |
| Tradohub Enterprises Private Limited | ₹46.65 Cr (FY 2018) | 445.0% | Ahmedabad, Gujarat, India | |||
| Exaoil Refinery Limited | ₹46.61 Cr (FY 2025) | 554.0% | Ahmedabad, Gujarat, India | |||
| Ganesh Global Commodities Private Limited | ₹46.44 Cr (FY 2020) | -61.0% | Kadi, Gujarat, India |
To see the full peer comparison of Ankita Mercantiles Private Limited, buy the company report.
Auditor
Ankita Mercantiles Private Limited is audited by S I Q AND COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S I Q AND COMPANY | FY 2019 | 017688C |
Shareholding
The shareholding of Ankita Mercantiles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ankita Mercantiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2015 | 10563872 | Yes Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Ankita Mercantiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ankita Mercantiles 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 Ankita Mercantiles 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 Ankita Mercantiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ankita Mercantiles Private Limited has 11 board changes on record since 2010: 2 appointments and 9 cessations. The latest: Rajesh Porwal ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
Frequently asked questions
Ankita Mercantiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Ankita Mercantiles was a private limited company based in Amrawati, Maharashtra, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 29 January 2010 and is registered under CIN U51909MH2010PTC199444. The company has been struck off by the Registrar of Companies and is no longer operational.
Ankita Mercantiles had 2 directors:
- Rajesh Porwal - Director
- Archana Desai - Director
The CIN (Corporate Identification Number) of Ankita Mercantiles is U51909MH2010PTC199444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ankita Mercantiles is at Shop No. 1 Ground Floor Ssd Residency Plot No. 38 Near Gondbaba Temple, Amrawati, Maharashtra, India – 401107.
Ankita Mercantiles was incorporated on 29 January 2010. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Ankita Mercantiles on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Ankita Mercantiles operated in the agriculture industry, in the agro retail and distribution segment. It worked in this industry before it was struck off.
The peers of Ankita Mercantiles by revenue are Mungipa Irritech Private Limited, Tradohub Enterprises Private Limited, Exaoil Refinery Limited, Ganesh Global Commodities Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Rajesh Porwal ceased to be Additional Director on 30 Sep 2019. Narendra Agrawal ceased to be Director on 11 Jan 2019. Rajesh Porwal was appointed as Director on 11 Jan 2019. Ankita Mercantiles has 11 board changes on record in total.
Ankita Mercantiles has no open charges and satisfied charges of ₹5 Cr as per latest MCA filings.
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