Avid Mercantile LLP
About Avid Mercantile LLP
Data last updated:
Avid Mercantile LLP is a limited liability partnership (LLP) based in Nagpur, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 10 February 2014 and has been in existence for over 12 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAC-0682. Its GSTIN is 27AAZFA2770L1ZR (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Shweta Dawara Yashpal and Yashpal Jitendrapal Dawara.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per MCA filings, the LLP has open charges of ₹4 Cr on record.
Company details
Contact details
Avid Mercantile LLP's registered office is in Nagpur, Maharashtra.
- Registered AddressPl No.4 F.No.1 – B 1st Floor Asian Pearl 4, Engineers – Co – Operative Housing Society Limited Somalwara., Nagpur, Maharashtra, India – 440025
- IndustryAgriculture, Agro Retail & Distribution
- 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 Avid Mercantile LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Avid Mercantile LLP, buy the company report.
Designated partners of Avid Mercantile LLP
Avid Mercantile has 3 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Dawara Yashpal | Partner | 10 Feb 2014 | 12 Years 8 Months | Current |
| Yashpal Jitendrapal Dawara Also directs: Namos Food LLP, Yashjeet Traders Private Limited, Ruddrasa LC Private Limited and 2 more | Designated Partner | 24 Jul 2021 | 5 Years 3 Months | Current |
| Nirja Jitendrapal Dawara | Designated Partner | 10 Feb 2014 | 12 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2016 | 100039799 | Oriental Bank of Commerce | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Avid Mercantile LLP 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 Avid Mercantile LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avid Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAZFA2770L1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avid Mercantile LLP, buy the company report.
Recent activity
Avid Mercantile LLP has 4 designated partner changes on record since 2014: 3 appointments and 1 cessation. The latest: Yashpal Jitendrapal Dawara was appointed as Designated Partner on 24 Jul 2021.
Frequently asked questions
Avid Mercantile is an active limited liability partnership based in Nagpur, Maharashtra, India. The LLP works in agro retail and distribution, within the agriculture industry. It was incorporated on 10 February 2014 (12+ years old) and is registered under LLPIN AAC-0682.
Avid Mercantile has 3 current designated partners:
- Shweta Dawara Yashpal - Partner
- Yashpal Jitendrapal Dawara - Designated Partner
- Nirja Jitendrapal Dawara - Designated Partner
The latest financial statements of Avid Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avid Mercantile is 27AAZFA2770L1ZR, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Avid Mercantile is AAC-0682. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Avid Mercantile was incorporated on 10 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Yashpal Jitendrapal Dawara was appointed as Designated Partner on 24 Jul 2021. Arunaa Thapai Rajen ceased to be Designated Partner on 31 Mar 2016. Nirja Jitendrapal Dawara was appointed as Designated Partner on 10 Feb 2014. Avid Mercantile has 4 designated partner changes on record in total.
The registered office of Avid Mercantile is at Pl No.4 F.No.1 – B 1st Floor Asian Pearl 4, Engineers – Co – Operative Housing Society Limited Somalwara., Nagpur, Maharashtra, India – 440025.
Avid Mercantile operates in the agriculture industry, in the agro retail and distribution segment.
Avid Mercantile has open charges of ₹4 Cr and no satisfied charges on record as per latest MCA filings.