
Ashadeep Mercantile Private Limited
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
Contact details
Ashadeep Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3 1st Floor Mandar 193 Turner Road Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Ashadeep 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
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other 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 availableAshadeep Mercantile Private Limited reported revenue of ₹9.09 Lakh (up 1% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹9.09 Lakh | ||||
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| EBITDA | ₹5.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24,240 | ||||
| Balance Sheet | |||||
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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 | 65.6% | ||||
| Net Profit Margin | -2.7% | ||||
| Return on Equity (ROE) | |||||
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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 firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP M JAIN & ASSOCIATES | FY 2019 | 129169W |
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 category | FY 2019 | FY 2018 | FY 2017 | FY 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.
Legal cases
No court or tribunal cases involving Ashadeep 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 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.
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.

