MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0007286
Aqeon Mercantile Private Limited
Aqeon Mercantile Private Limited - consumer electronics & durables in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹86.04 Lakh
▼ 9% YoY
Net profit · FY 2024
₹73,997
Net margin 0.9%
EBITDA · FY 2024
₹1.25 Lakh
EBITDA margin 1.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Aqeon Mercantile Private Limited
Data last updated:
Aqeon Mercantile Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2019PTC050150. Its GSTIN is 03AASCA8507H1ZK (Punjab).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Nanda and Surinder Singh Rawat.
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 P.No.8 Shakuntala Tower Near Key Hotel Kiran Vihar Extension, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2024, the company reported a revenue of ₹86.04 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹73,997 (net margin 0.9%) and EBITDA of ₹1.25 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
Aqeon Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0007286).
Company details
CIN U51909PB2019PTC050150
Registration Number 050150
Incorporation Date 22 October 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0007286
Recognitions & Rankings of Aqeon Mercantile
Contact details
Aqeon Mercantile Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.No.8 Shakuntala Tower Near Key Hotel Kiran Vihar Extension, Ludhiana, Punjab, India – 141002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Aqeon Mercantile Private Limited, buy the company report.
Comprehensive company report
Aqeon Mercantile Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aqeon Mercantile 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 Aqeon Mercantile Private Limited, buy the company report.
Financials of Aqeon Mercantile Private Limited
FY 2025 filings availableAqeon Mercantile Private Limited reported revenue of ₹86.04 Lakh (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹86.04 Lakh ▼ 9%
Net profit · FY 2024
₹73,997 margin 0.9%
EBITDA · FY 2024
₹1.25 Lakh margin 1.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 19%
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.25 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73,997 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Aqeon Mercantile Private Limited, buy the company report.
Board of directors of Aqeon Mercantile Private Limited
Aqeon Mercantile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Nanda | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Surinder Singh Rawat | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Aqeon Mercantile Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Pratima Saree Creation Private Limited | ₹86.08 Lakh (FY 2016) | -43.0% | Kolkata, West Bengal, India | |||
| Way2agribusiness India Private Limited | ₹86.08 Lakh (FY 2024) | 3.0% | Bengaluru, Karnataka, India | |||
| PRJ Polymers Private Limited. | ₹86.07 Lakh (FY 2025) | -31.0% | Delhi, India | |||
| GRV Apparels Private Limited | ₹86.07 Lakh (FY 2025) | 84.0% | Kanpur, Uttar Pradesh, India | |||
| Mire Management Services Private Limited | ₹86.04 Lakh (FY 2017) | 103.0% | Delhi, India | |||
| Aqeon Mercantile Private Limitedthis company | ₹86.04 Lakh (FY 2024) | ₹73,997 | 0.9% | -9.0% | Ludhiana, Punjab, India | |
| Mediaman Infotech Private Limited | ₹86.04 Lakh (FY 2022) | 866.0% | Mumbai, Maharashtra, India | |||
| Hanzatek Private Limited | ₹86.03 Lakh (FY 2024) | 68.0% | Chennai, Tamil Nadu, India | |||
| Roysons Pharmaceutical Private Limited | ₹86.03 Lakh (FY 2024) | 23.0% | Patna, Bihar, India | |||
| Greases and Lubricants Private Limited | ₹86.03 Lakh (FY 2025) | -16.0% | Uttar Pradesh, India | |||
| NSB Air Compressors India Private Limited | ₹86.03 Lakh (FY 2024) | 55.0% | Kanpur, Uttar Pradesh, India |
To see the full peer comparison of Aqeon Mercantile Private Limited, buy the company report.
Auditor
Aqeon Mercantile Private Limited is audited by P N BHAKOO & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P N BHAKOO & CO | FY 2021 | 006455N |
Shareholding
The shareholding of Aqeon Mercantile Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Aqeon Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Aqeon Mercantile 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 Aqeon Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aqeon Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AASCA8507H1ZK | Punjab | Active | 05 Nov 2019 |
To see the full GST registrations and return filing status of Aqeon Mercantile Private Limited, buy the company report.
Recent activity
Aqeon Mercantile Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Abhay Nanda was appointed as Director on 22 Oct 2019.
AGM
Aqeon Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aqeon Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Abhay Nanda was appointed as Director.
Appointed
Surinder Singh Rawat was appointed as Director.
Incorporation
22 Oct 2019
Aqeon Mercantile Private Limited was registered on 22 Oct 2019 with Roc Chandigarh & aged 7 years 13 days as per MCA records.
Frequently asked questions
Aqeon Mercantile is an active private limited company based in Ludhiana, Punjab, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 October 2019 (7+ years old) and is registered under CIN U51909PB2019PTC050150.
Aqeon Mercantile has 2 current directors:
- Abhay Nanda - Director
- Surinder Singh Rawat - Director
The latest financial statements of Aqeon 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 FY 2020 are in the company report.
The GSTIN of Aqeon Mercantile is 03AASCA8507H1ZK, registered in Punjab.
The CIN (Corporate Identification Number) of Aqeon Mercantile is U51909PB2019PTC050150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aqeon Mercantile was incorporated on 22 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Aqeon Mercantile by revenue are Pratima Saree Creation Private Limited, Way2agribusiness India Private Limited, PRJ Polymers Private Limited, GRV Apparels Private Limited, Mire Management Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Abhay Nanda was appointed as Director on 22 Oct 2019. Surinder Singh Rawat was appointed as Director on 22 Oct 2019.
Yes, Aqeon Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0007286).
The registered office of Aqeon Mercantile is at P.No.8 Shakuntala Tower Near Key Hotel Kiran Vihar Extension, Ludhiana, Punjab, India – 141002.
Aqeon Mercantile operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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