Apurva Mercantiles Pvt. Ltd.
About Apurva Mercantiles Pvt. Ltd.
Data last updated:
Apurva Mercantiles Pvt. Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 16 February 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51102WB1990PTC048408.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹60 Lakh. It is led by directors Apurva Mangaldas Shanghavi and Abhijit Mangaldas Shanghavi.
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 16B Chowringhee Mansions30 Jawahar Lal Nehru Road 10Ns 2nd Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2025, the company reported a revenue of ₹34,136, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹16,365 (net margin -47.9%) and EBITDA of -₹16,365 (EBITDA margin -47.9%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 47% over five years.
As per MCA filings, the company has open charges of ₹1.1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Apurva Mercantiles Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16B Chowringhee Mansions30 Jawahar Lal Nehru Road 10Ns 2nd Floor, Kolkata, West Bengal, India – 700016
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Apurva Mercantiles Pvt. Ltd., 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
Financials of Apurva Mercantiles Pvt. Ltd.
FY 2025 filings availableApurva Mercantiles Pvt. Ltd. reported revenue of ₹34,136 (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 47%. EBITDA fell 86% 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 | -₹16,365 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹16,365 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -47.9% | ||||
| Net Profit Margin | -47.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Apurva Mercantiles Pvt. Ltd., buy the company report.
Board of directors of Apurva Mercantiles Pvt. Ltd.
Apurva Mercantiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Apurva Mangaldas Shanghavi Also directs: WCC Lifesciences Private Limited | Director | 16 Feb 1990 | 36 Years 8 Months | Current |
| Abhijit Mangaldas Shanghavi Also directs: Rampo Export Import Pvt. Ltd., Westcom Commercial Pvt Ltd | Director | 01 Nov 1990 | 36 Years 0 Months | Current |
Peer comparison
Apurva Mercantiles Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akkaran Gas and Energy Private Limited | ₹35,475 (FY 2025) | 12091.0% | Sriperumbudur, Tamil Nadu, India | |||
| Bright Bitumen Private Limited | ₹35,470 (FY 2024) | -100.0% | Bangalore, Karnataka, India | |||
| Manickbag Motors Private Limited | ₹35,388 (FY 2025) | -50.0% | Hubli, Karnataka, India | |||
| Vindhyavasini Petroleum Private Limited | ₹34,568 (FY 2018) | Mumbai, Maharashtra, India | ||||
| Panchganga Products Private Limited | ₹34,180 (FY 2025) | 7.0% | Kolhapur, Maharashtra, India | |||
| Apurva Mercantiles Pvt. Ltd.this company | ₹34,136 (FY 2025) | -₹16,365 | -47.9% | 8.0% | Kolkata, West Bengal, India | |
| Nisuki Bio-Product Private Limited | ₹33,000 (FY 2025) | Gujarat, India | ||||
| Klarke Organic Chemicals India Private Limited | ₹32,381 (FY 2020) | Kanpur Nagar, Uttar Pradesh, India | ||||
| Oriyen Impex Private Limited | ₹32,263 (FY 2018) | -67.0% | Raipur, Chhattisgarh, India | |||
| Mangalmay Tie-Up Private Limited | ₹32,043 (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Victor Agencies India Private Limited | ₹31,800 (FY 2025) | 70.0% | New Delhi, Delhi, India |
To see the full peer comparison of Apurva Mercantiles Pvt. Ltd., buy the company report.
Auditor
Apurva Mercantiles Pvt. Ltd. is audited by K. Baldwa & Co. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. Baldwa & Co. | FY 2015 |
Shareholding
The shareholding of Apurva Mercantiles Pvt. Ltd. is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apurva Mercantiles Pvt. Ltd., buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2003 | 90252861 | State Bank of Bikaner and Jaipur | ₹1.1 Cr | Open |
To see the full charge records of Apurva Mercantiles Pvt. Ltd., buy the company report.
Total charge records: 1 View all charges
Legal cases
Apurva Mercantiles Pvt. Ltd. has 1 court case on record: 1 filed by Apurva Mercantiles. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Apurva Mercantiles Pvt. Ltd., 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 Apurva Mercantiles Pvt. Ltd.; 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 Apurva Mercantiles Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Apurva Mercantiles Pvt. Ltd. has 4 board changes on record since 1990: 2 appointments and 2 cessations. The latest: Mangaldas Amratlal Shanghavi ceased to be Director on 13 Nov 2024.
Frequently asked questions
Apurva Mercantiles is an active private limited company based in Kolkata, West Bengal, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 16 February 1990 (36+ years old) and is registered under CIN U51102WB1990PTC048408.
Apurva Mercantiles has 2 current directors:
- Apurva Mangaldas Shanghavi - Director
- Abhijit Mangaldas Shanghavi - Director
The latest financial statements of Apurva Mercantiles 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 CIN (Corporate Identification Number) of Apurva Mercantiles is U51102WB1990PTC048408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apurva Mercantiles has 1 court case on record: 1 filed by the company.
Apurva Mercantiles was incorporated on 16 February 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Apurva Mercantiles by revenue are Akkaran Gas and Energy Private Limited, Bright Bitumen Private Limited, Manickbag Motors Private Limited, Vindhyavasini Petroleum Private Limited, Panchganga Products Private Limited and 5 more, all in the Chemicals industry (Chemical Retail and Distribution).
Mangaldas Amratlal Shanghavi ceased to be Director on 13 Nov 2024. Tara Mangaldas Shanghavi ceased to be Director on 03 Jun 2019. Abhijit Mangaldas Shanghavi was appointed as Director on 01 Nov 1990. Apurva Mercantiles has 4 board changes on record in total.
The registered office of Apurva Mercantiles is at 16B Chowringhee Mansions30 Jawahar Lal Nehru Road 10Ns 2nd Floor, Kolkata, West Bengal, India – 700016.
Apurva Mercantiles operates in the chemicals and materials industry, in the chemical distribution and retail segment.
Apurva Mercantiles has open charges of ₹1.1 Cr and no satisfied charges on record as per latest MCA filings.
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