About Asha Mercantile Private Limited
Data last updated:
Asha Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 05 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC116128. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Hardik Suresh Mehta and Suresh Chandulal Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Elphinstonehouse Office No 106 17 Marzban Road, Mumbai, Maharashtra, India – 400001.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashamercantile.com.
Company details
Contact details
Asha Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its website is ashamercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Elphinstonehouse Office No 106 17 Marzban Road, Mumbai, Maharashtra, India – 400001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Asha Mercantile 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
Financials of Asha Mercantile Private Limited
FY 2024 filings availableAsha Mercantile Private Limited reported revenue of ₹3,750 (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 25% fall 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 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Asha Mercantile Private Limited, buy the company report.
Board of directors of Asha Mercantile Private Limited
Asha Mercantile has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Suresh Mehta | Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Suresh Chandulal Mehta | Director | 05 Aug 1998 | 28 Years 3 Months | Current |
Peer comparison
Asha Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrika Iron & Steel Private Limited | ₹4,350 (FY 2025) | Kolkata, West Bengal, India | ||||
| Nakoda Alloys Private Limited | ₹4,123 (FY 2024) | -13.0% | Gandhinagar, Gujarat, India | |||
| MRG Stainless Steel Private Limited | ₹4,080 (FY 2025) | New Delhi, Delhi, India | ||||
| MSN Technology Private Limited | ₹4,013 (FY 2025) | -100.0% | Bhiwandi, Maharashtra, India | |||
| Compect Metals Private Limited | ₹3,826 (FY 2025) | -99.0% | Faridabad, Haryana, India | |||
| Asha Mercantile Private Limitedthis company | ₹3,750 (FY 2024) | -25.0% | Mumbai, Maharashtra, India | |||
| Triunity Industries Private Limited | ₹3,684 (FY 2024) | 113.0% | Hyderabad, Telangana, India | |||
| Cozin Ferrous Private Limited | ₹3,600 (FY 2025) | -100.0% | Bhubaneswar, Odisha, India | |||
| Tirupati Re-Rolling Mills Private Limited | ₹3,500 (FY 2024) | -100.0% | Bhavnagar, Gujarat, India | |||
| Kalinga Energy & Power Limited | ₹3,470 (FY 2025) | -92.0% | Bhubaneswar, Odisha, India | |||
| Aeran Commercial Private Limited | ₹3,050 (FY 2025) | -96.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Asha Mercantile Private Limited, buy the company report.
Auditor
Asha Mercantile Private Limited is audited by HARESH KARVAT & CO. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARESH KARVAT & CO. | FY 2016 |
Shareholding
The shareholding of Asha Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Asha Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Asha 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 Asha Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Asha Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Asha Mercantile Private Limited, buy the company report.
Recent activity
Asha Mercantile Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Asha Suresh Mehta ceased to be Director on 30 Apr 2014.
Frequently asked questions
Asha Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 05 August 1998 (28+ years old) and is registered under CIN U51900MH1998PTC116128.
Asha Mercantile has 2 current directors:
- Hardik Suresh Mehta - Director
- Suresh Chandulal Mehta - Director
The latest financial statements of Asha Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Asha Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Asha Mercantile is U51900MH1998PTC116128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asha Mercantile was incorporated on 05 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Asha Mercantile by revenue are Matrika Iron & Steel Private Limited, Nakoda Alloys Private Limited, MRG Stainless Steel Private Limited, MSN Technology Private Limited, Compect Metals Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Asha Suresh Mehta ceased to be Director on 30 Apr 2014. Hardik Suresh Mehta was appointed as Director on 01 Apr 2013. Suresh Chandulal Mehta was appointed as Director on 05 Aug 1998.
Asha Mercantile can be reached through the website ashamercantile.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Asha Mercantile is at 1st Floor Elphinstonehouse Office No 106 17 Marzban Road, Mumbai, Maharashtra, India – 400001.
Asha Mercantile operates in the metals and minerals industry, in the metal retail and distribution segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
