Ashok Kumar and Co Mercantile Private Limited

Ashok Kumar and Co Mercantile Private Limited - metals and minerals in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U51430PB2004PTC026955 Incorporated 23 March 2004 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2024
₹80.89 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.54 Cr
Net margin 1.9%
EBITDA · FY 2024
₹3.9 Cr
EBITDA margin 4.8%
Authorised capital
₹1.95 Cr
Registered with MCA
Paid-up capital
₹95 Lakh
Issued & subscribed
Open charges
₹19.6 Cr
Satisfied ₹21.01 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
21
Provident fund records

About Ashok Kumar and Co Mercantile Private Limited

Data last updated:

Ashok Kumar and Co Mercantile Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 23 March 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51430PB2004PTC026955. Its GSTIN is 03AAECA7622H1Z0 (Punjab).

The company has an authorised share capital of ₹1.95 Cr and a paid-up capital of ₹95 Lakh. It is led by directors including Akash Juneja (Whole-Time Director) and Suresh Juneja.

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 Rajpura Road Opp New Dmc & H Civil Lines, Ludhiana, Punjab, India – 141002.

As per the financials filed for FY 2024, the company reported a revenue of ₹80.89 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 1.9%) and EBITDA of ₹3.9 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.6 Cr and satisfied charges of ₹21.01 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.

Ashok Kumar and Co Mercantile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0004732). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akc.in.

Company details

CIN U51430PB2004PTC026955
Registration Number 026955
Incorporation Date 23 March 2004
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0004732
Key People
Akash Juneja Whole-Time Director Suresh Juneja Director Vinod Kumar Director

Recognitions & Rankings of Ashok Kumar and Co Mercantile

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-PB-12-0004732

Contact details

Ashok Kumar and Co Mercantile Private Limited's registered office is in Ludhiana, Punjab. Its website is akc.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    akc.in
  • Registered Address
    Rajpura Road Opp New Dmc & H Civil Lines, Ludhiana, Punjab, India – 141002
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

Comprehensive company report
Ashok Kumar and Co 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 Ashok Kumar and Co Mercantile is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Ashok Kumar and Co Mercantile Private Limited

FY 2024 filings available

Ashok Kumar and Co Mercantile Private Limited reported revenue of ₹80.89 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹80.89 Cr ▲ 12%
Net profit · FY 2024
₹1.54 Cr margin 1.9%
EBITDA · FY 2024
₹3.9 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 28%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 12% growth in the latest year. EBITDA rose 35% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹3.9 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.54 Cr
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin4.8%
Net Profit Margin1.9%
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 Ashok Kumar and Co Mercantile Private Limited, buy the company report.

Board of directors of Ashok Kumar and Co Mercantile Private Limited

Ashok Kumar and Co Mercantile has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh JunejaDirector23 Mar 200422 Years 7 MonthsCurrent
Vinod KumarDirector23 Mar 200422 Years 7 MonthsCurrent
Akash JunejaWhole-Time Director13 Feb 20179 Years 8 MonthsCurrent
View all directors

Auditor

Ashok Kumar and Co Mercantile Private Limited is audited by Ashwani Bharat & Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Ashwani Bharat & Co.FY 2023017952N

Shareholding

The shareholding of Ashok Kumar and Co Mercantile Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.6 Cr
Satisfied charges
₹21.01 Cr
Breakdown by lending institutions
Axis Bank Limited₹12.60 Cr
Hdfc Bank Limited₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Nov 2023100830427Axis Bank Limited₹60 LakhOpen
11 Jul 2023100771078Axis Bank Limited₹12 CrOpen
06 Sep 2021100479748Hdfc Bank Limited₹7 CrOpen
19 Aug 2020100376000Others₹59.74 LakhSatisfied
04 May 2020100338198Others₹49 LakhSatisfied

To see the full charge records of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

Total charge records: 11 View all charges

Credit ratings & regulatory alerts

Ashok Kumar and Co Mercantile Private Limited was last rated by Crisil on 16 Dec 2019.

Rating agencyRated onRating
Crisil16 Dec 2019

To see the full credit ratings and regulatory alerts of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ashok Kumar and Co Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Ashok Kumar and Co Mercantile Private Limited has a workforce of 21 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
10.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2721
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18

To see the full employee and EPFO history of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

GST

Ashok Kumar and Co Mercantile has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAECA7622H1Z0PunjabActive01 Jul 2017

To see the full GST registrations and return filing status of Ashok Kumar and Co Mercantile Private Limited, buy the company report.

Recent activity

Ashok Kumar and Co Mercantile Private Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Akash Juneja was appointed as Whole-Time Director on 13 Feb 2017.

Charges
A charge registered on 28 Oct 2019 via Charge ID 100300623 with Axis Bank Limited was fully satisfied on 29 Jan 2025.
Charges
A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 11 Jul 2023 with Charge ID 100771078 was modified on 24 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 06 Sep 2021 with Charge ID 100479748 was modified on 24 Jan 2025.
AGM
Ashok Kumar And Co Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ashok Kumar And Co Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.60 Cr with Charge ID 100830427 was registered on 24 Nov 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100771078 was registered on 11 Jul 2023.
Charges
A charge registered on 29 Apr 2009 via Charge ID 10157994 with Others was fully satisfied on 21 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100479748 was registered on 06 Sep 2021.
Charges
A charge registered on 19 Aug 2020 via Charge ID 100376000 with Others was fully satisfied on 25 Aug 2021.
Charges
A charge registered on 04 May 2020 via Charge ID 100338198 with Others was fully satisfied on 25 Aug 2021.
Charges
A charge with Others amounted to Rs. 0.60 Cr with Charge ID 100376000 was registered on 19 Aug 2020.

19 earlier events are in the company report.

Frequently asked questions

Ashok Kumar and Co Mercantile is an active private limited company based in Ludhiana, Punjab, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 March 2004 (22+ years old) and is registered under CIN U51430PB2004PTC026955.

Ashok Kumar and Co Mercantile has 3 current directors:

The latest financial statements of Ashok Kumar and Co 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.

The GSTIN of Ashok Kumar and Co Mercantile is 03AAECA7622H1Z0, registered in Punjab.

The CIN (Corporate Identification Number) of Ashok Kumar and Co Mercantile is U51430PB2004PTC026955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ashok Kumar and Co Mercantile has 2 court cases on record: 1 filed by the company and 1 filed against it.

Ashok Kumar and Co Mercantile was incorporated on 23 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.

Akash Juneja was appointed as Whole-Time Director on 13 Feb 2017. Amit Juneja ceased to be Director on 31 Mar 2010. Vijay Kumar ceased to be Director on 31 Mar 2010. Ashok Kumar and Co Mercantile has 6 board changes on record in total.

Yes, Ashok Kumar and Co Mercantile is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0004732).

Ashok Kumar and Co Mercantile can be reached through the website akc.in. Its registered office is in Ludhiana, Punjab, India.