Assam Mercantiles Pvt Ltd
About Assam Mercantiles Pvt Ltd
Data last updated:
Assam Mercantiles Pvt Ltd was a private limited company based in Assam, 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 pipe and tubes segment of the manufacturing sector. It was incorporated on 23 February 1988.
The company was registered with the Registrar of Companies (ROC), Guwahati, under CIN U51909AS1988PTC002879. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹76.75 Lakh. It was led by directors including Nitika Lahoty and Avadesh Lahoty.
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 was at Pallavi Houseg S Road Bhangagarh Guwahati, Assam, India – 781005.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.44 Lakh, a growth of 87% compared to the previous year. For the same year it recorded a net loss of ₹1.59 Lakh (net margin -65.3%) and EBITDA of -₹1.72 Lakh (EBITDA margin -70.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 59% over five years.
As per MCA filings, the company has satisfied charges of ₹57.88 Lakh on record.
Company details
Contact details
Assam Mercantiles Pvt Ltd's registered office is in Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPallavi Houseg S Road Bhangagarh Guwahati, Assam, India – 781005
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Assam Mercantiles Pvt Ltd, 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 Assam Mercantiles is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
Financials of Assam Mercantiles Pvt Ltd
FY 2024 filings availableAssam Mercantiles Pvt Ltd reported revenue of ₹2.44 Lakh (up 87% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 87% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 59%. EBITDA fell 26% 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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| EBITDA | -₹1.72 Lakh | ||||
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| Net Profit (PAT) | -₹1.59 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -70.2% | ||||
| Net Profit Margin | -65.3% | ||||
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To see the full financial statements and ratios of Assam Mercantiles Pvt Ltd, buy the company report.
Board of directors of Assam Mercantiles Pvt Ltd
Assam Mercantiles has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitika Lahoty | Director | 21 Jan 2025 | 1 Years 9 Months | As last reported |
| Avadesh Lahoty | Director | 29 Sep 2007 | 19 Years 1 Months | As last reported |
| Om Prakash Lahoty | Director | 02 Sep 1996 | 30 Years 1 Months | As last reported |
Auditor
Assam Mercantiles Pvt Ltd is audited by Sanjay Kabra & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Kabra & Co. | FY 2023 | 325048E |
Shareholding
The shareholding of Assam Mercantiles Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Assam Mercantiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2005 | 90267588 | State Bank of India | ₹57.88 Lakh | Satisfied |
To see the full charge records of Assam Mercantiles Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Assam Mercantiles Pvt Ltd 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 Assam Mercantiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Assam Mercantiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Assam Mercantiles Pvt Ltd, buy the company report.
Recent activity
Assam Mercantiles Pvt Ltd has 5 board changes on record since 1996: 3 appointments and 2 cessations. The latest: Nitika Lahoty was appointed as Director on 21 Jan 2025.
Frequently asked questions
Assam Mercantiles 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.
Assam Mercantiles was a private limited company based in Assam, India. The company worked in pipe and tubes, within the manufacturing industry. It was incorporated on 23 February 1988 and is registered under CIN U51909AS1988PTC002879. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Assam Mercantiles is U51909AS1988PTC002879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Assam Mercantiles had 3 directors:
- Nitika Lahoty - Director
- Avadesh Lahoty - Director
- Om Prakash Lahoty - Director
Assam Mercantiles was incorporated on 23 February 1988. It is registered with the Registrar of Companies, Guwahati.
The registered office of Assam Mercantiles is at Pallavi Houseg S Road Bhangagarh Guwahati, Assam, India – 781005.
The latest financial statements of Assam Mercantiles 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. Assam Mercantiles has 2 GST registrations on record and all of them are cancelled or inactive.
Assam Mercantiles operated in the manufacturing industry, in the pipe and tubes segment.
Nitika Lahoty was appointed as Director on 21 Jan 2025. Anil Kumar Sarda ceased to be Director on 30 Jun 2022. Malti Devi Lahoty ceased to be Director on 13 Aug 2012. Assam Mercantiles has 5 board changes on record in total.