Ashadeep Mercantile Private Limited

Ashadeep Mercantile Private Limited - information technology in Mumbai, Maharashtra, India. MCA registration details.
CIN U51900MH1997PTC106728 Incorporated 20 March 1997 ROC Mumbai HQ Mumbai, Maharashtra, India
Converted to LLP Private Limited Company information technology
Data last updated
Revenue · FY 2019
₹9.09 Lakh
▲ 1% YoY
Net loss · FY 2019
₹24,240
Net margin -2.7%
EBITDA · FY 2019
₹5.97 Lakh
EBITDA margin 65.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Last financials
Mar 2019
Balance sheet date
Last AGM
18 Sep 2019
Annual general meeting

About Ashadeep Mercantile Private Limited

Data last updated:

Ashadeep Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the database management and solutions segment of the technology and IT services sector. It was incorporated on 20 March 1997.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC106728.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.

Its last annual general meeting (AGM) was held on 18 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 3 1st Floor Mandar 193 Turner Road Bandra (W), Mumbai, Maharashtra, India – 400050.

As per the financials filed for FY 2019, the company reported a revenue of ₹9.09 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹24,240 (net margin -2.7%) and EBITDA of ₹5.97 Lakh (EBITDA margin 65.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.

Company details

CIN U51900MH1997PTC106728
Registration Number 106728
Incorporation Date 20 March 1997
ROC Mumbai
Listing Status Unlisted
Company Status Converted to LLP
Date of Last AGM 18 September 2019
Date of Balance Sheet 31 March 2019
Compliance Status Active Compliant

Contact details

Ashadeep Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.

  • Email
  • Registered Address
    3 1st Floor Mandar 193 Turner Road Bandra (W), Mumbai, Maharashtra, India – 400050
  • Industry
    Information Technology, Database Management & Solutions

To see the full contact details of Ashadeep Mercantile Private Limited, buy the company report.

Comprehensive company report
Ashadeep 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 Ashadeep Mercantile is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

To see the full business activity and turnover split of Ashadeep Mercantile Private Limited, buy the company report.

Financials of Ashadeep Mercantile Private Limited

FY 2019 filings available

Ashadeep Mercantile Private Limited reported revenue of ₹9.09 Lakh (up 1% YoY) for FY 2019.

Revenue · FY 2019
₹9.09 Lakh ▲ 1%
Net loss · FY 2019
₹24,240 margin -2.7%
EBITDA · FY 2019
₹5.97 Lakh margin 65.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 8%

Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 1% growth in the latest year. EBITDA fell 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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹9.09 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.97 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24,240
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

MetricsFY 2018-19FY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin65.6%
Net Profit Margin-2.7%
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 Ashadeep Mercantile Private Limited, buy the company report.

Board of directors of Ashadeep Mercantile Private Limited

Ashadeep Mercantile has 3 former directors on record and no current directors listed.

Auditor

Ashadeep Mercantile Private Limited is audited by SANDEEP M JAIN & ASSOCIATES for the financial year 2019.

Auditor firmFinancial yearFirm registration number
SANDEEP M JAIN & ASSOCIATESFY 2019129169W

Shareholding

The shareholding of Ashadeep Mercantile Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2019FY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashadeep Mercantile Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashadeep Mercantile 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 Ashadeep Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Ashadeep Mercantile Private Limited has 3 board changes on record since 2011: 0 appointments and 3 cessations. The latest: Harjeevsingh Narinderpalsingh Anand ceased to be Director on 21 Jan 2020.

Ceased
Ceased
Sunil Chopra ceased to be Director.
AGM
Ashadeep Mercantile Private Limited last Annual general meeting of members was held on 18 Sep 2019 as per latest MCA records.
Filing
Ashadeep Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.
Ceased
Seema Chopra ceased to be Director.
Incorporation
20 Mar 1997
Ashadeep Mercantile Private Limited was registered on 20 Mar 1997 with Roc Mumbai & aged 29 years 7 months as per MCA records.

Frequently asked questions

Ashadeep Mercantile has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.

Ashadeep Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in database management and solutions, within the information technology industry. It was incorporated on 20 March 1997 and is registered under CIN U51900MH1997PTC106728. For the latest details, refer to the successor LLP entity.

The CIN (Corporate Identification Number) of Ashadeep Mercantile is U51900MH1997PTC106728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashadeep Mercantile was incorporated on 20 March 1997. It is registered with the Registrar of Companies, Mumbai.

The registered office of Ashadeep Mercantile is at 3 1st Floor Mandar 193 Turner Road Bandra W, Mumbai, Maharashtra, India – 400050.

The latest financial statements of Ashadeep Mercantile on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 18 September 2019. Year-wise statements from 2015 are in the company report.

Ashadeep Mercantile operated in the information technology industry, in the database management and solutions segment.

Harjeevsingh Narinderpalsingh Anand ceased to be Director on 21 Jan 2020. Sunil Chopra ceased to be Director on 21 Jan 2020. Seema Chopra ceased to be Director on 26 May 2011.

The compliance status of Ashadeep Mercantile is compliant as of 27 September 2026.

Ashadeep Mercantile can be reached at its registered office: 3 1st Floor Mandar 193 Turner Road Bandra W, Mumbai, Maharashtra, India – 400050.