Avinash Mercantile Pvt Ltd
About Avinash Mercantile Pvt Ltd
Data last updated:
Avinash Mercantile Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 14 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2006PTC107917.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.64 Cr. It is led by directors Amit Bajoria and Mukesh Khaitan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2B Mahendra Road, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2024, the company reported a revenue of ₹58.82 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹29.2 Lakh (net margin 49.6%) and EBITDA of ₹53.94 Lakh (EBITDA margin 91.7%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2B Mahendra Road, Kolkata, West Bengal, India – 700025
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
- One PDF report, delivered after checkout
Business Activity of Avinash Mercantile Pvt Ltd
The main business activity of Avinash Mercantile is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Avinash Mercantile Pvt Ltd FY 2025 filings available
Avinash Mercantile Pvt Ltd reported revenue of ₹58.82 Lakh (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avinash Mercantile Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 4% fall in the latest year. EBITDA rose 1% 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 of Avinash Mercantile Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹53.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹29.2 Lakh | •••• | •••• | •••• | •••• |
| 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 of Avinash Mercantile Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 49.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Avinash Mercantile are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Avinash Mercantile Pvt Ltd
Avinash Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Bajoria | Director | 15 Mar 2006 | 20 Years 7 Months | Current |
| Mukesh Khaitan Also directs: Green Gold Mercantile Pvt. Ltd., Trigger Supply Pvt Ltd, Amigo Trexim Private Limited and 5 more | Additional Director | 28 Feb 2025 | 1 Years 7 Months | Current |
Peer Comparison of Avinash Mercantile Pvt Ltd
Avinash Mercantile Pvt Ltd is compared with the companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purvaja Fincap Private Limited | ₹58.94 Lakh (FY 2024) | •••• | •••• | 688.0% | •••• | Coimbatore, Tamil Nadu, India |
| Harrison Organic Fertilizers Pvt Ltd | ₹58.91 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Kolkata, West Bengal, India |
| Smita Properties and Investments Pvt Ltd | ₹58.88 Lakh (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Maroo Finance Pvt Ltd | ₹58.86 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | A. C Lane, West Bengal, India |
| Electricals and Electronics (India) Ltd. | ₹58.83 Lakh (FY 2019) | •••• | •••• | 47.0% | •••• | Kolkata, West Bengal, India |
| Avinash Mercantile Pvt Ltd this company | ₹58.82 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Aparnaa Fiscal Services Private Limited | ₹58.76 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| Chandana Leahpin Finance Limited | ₹58.67 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Telangana, India |
| Chandraprabhu Vyapaar Pvt Ltd | ₹58.67 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Chinki Commerce Pvt Ltd | ₹58.66 Lakh (FY 2024) | •••• | •••• | 58.0% | •••• | Kolkata, West Bengal, India |
| Baglas Traders Pvt Ltd | ₹58.61 Lakh (FY 2021) | •••• | •••• | -32.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Avinash Mercantile by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avinash Mercantile Pvt Ltd
Avinash Mercantile Pvt Ltd is audited by MORE & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MORE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Avinash Mercantile Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Avinash Mercantile Pvt Ltd
Avinash Mercantile Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Avinash Mercantile Pvt Ltd
Employment history and EPFO contributions of people linked to Avinash Mercantile.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Avinash Mercantile Pvt Ltd
Avinash Mercantile Pvt Ltd has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Mukesh Khaitan was appointed as Additional Director on 28 Feb 2025.
Credit Ratings, Litigation & Regulatory Alerts for Avinash Mercantile Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Avinash Mercantile Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Avinash Mercantile Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Avinash Mercantile Pvt Ltd
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Avinash Mercantile Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Avinash Mercantile Pvt Ltd
Avinash Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 14 February 2006 (20+ years old) and is registered under CIN U51909WB2006PTC107917.
Avinash Mercantile reported revenue of ₹58.82 Lakh for FY 2024 (down 4% YoY).
Avinash Mercantile has 2 current directors:
- Amit Bajoria - Director
- Mukesh Khaitan - Additional Director
Avinash Mercantile reported a net profit of ₹29.2 Lakh (net margin 49.6%) and EBITDA of ₹53.94 Lakh (EBITDA margin 91.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avinash Mercantile is -7% over three years and -1% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Avinash Mercantile is U51909WB2006PTC107917. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avinash Mercantile was incorporated on 14 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Avinash Mercantile by revenue are Purvaja Fincap Private Limited, Harrison Organic Fertilizers Pvt Ltd, Smita Properties and Investments Pvt Ltd, Maroo Finance Pvt Ltd, Electricals and Electronics (India) Ltd. and 5 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC).
Mukesh Khaitan was appointed as Additional Director on 28 Feb 2025. Ravish Agarwal ceased to be Director on 28 Feb 2025. Pradeep Kumar Dhandhania ceased to be Director on 31 Mar 2015. Avinash Mercantile has 4 board changes on record in total.
The registered office of Avinash Mercantile is at 2B Mahendra Road, Kolkata, West Bengal, India – 700025.
Avinash Mercantile has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.64 Cr.