Avis Mercantile Private Limited
About Avis Mercantile Private Limited
Data last updated:
Avis Mercantile Private Limited is a private limited company based in Akola, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 31 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55200MH1990PTC058765. Its GSTIN is 27AACCA6911D1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shayamsunder Ramkisanji Agrawal and Krishanchandra Mishra Parasnath.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Near Allaha Ji Ka Dargah Shrawgi Plot Umari Road Tower Chowk Akola, Maharashtra, India – 444001.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.2 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹4.57 Lakh (net margin 0.2%) and EBITDA of ₹7.02 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Avis Mercantile Private Limited's registered office is in Akola, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNear Allaha Ji Ka Dargah Shrawgi Plot Umari Road Tower Chowk Akola, Maharashtra, India – 444001
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Avis 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 Avis Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Avis Mercantile Private Limited, buy the company report.
Financials of Avis Mercantile Private Limited
FY 2025 filings availableAvis Mercantile Private Limited reported revenue of ₹24.2 Cr (up 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 99% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 14% 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 | ₹7.02 Lakh | ||||
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| Net Profit (PAT) | ₹4.57 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 | 0.3% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Avis Mercantile Private Limited, buy the company report.
Board of directors of Avis Mercantile Private Limited
Avis Mercantile has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shayamsunder Ramkisanji Agrawal | Director | 08 Aug 1994 | 32 Years 2 Months | Current |
| Krishanchandra Mishra Parasnath Also directs: Golden Star Capital Tech Limited | Director | 04 Sep 2006 | 20 Years 1 Months | Current |
Auditor
Avis Mercantile Private Limited is audited by Pratik Y. Shah & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pratik Y. Shah & Company | FY 2017 | 141363W |
Shareholding
The shareholding of Avis Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Avis Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Avis 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 Avis Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Avis Mercantile has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA6911D1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 29AACCA6911D1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Avis Mercantile Private Limited, buy the company report.
Recent activity
Avis Mercantile Private Limited has 2 board changes on record since 1994: 2 appointments. The latest: Krishanchandra Mishra Parasnath was appointed as Director on 04 Sep 2006.
Frequently asked questions
Avis Mercantile is an active private limited company based in Akola, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 31 October 1990 (36+ years old) and is registered under CIN U55200MH1990PTC058765.
Avis Mercantile has 2 current directors:
- Shayamsunder Ramkisanji Agrawal - Director
- Krishanchandra Mishra Parasnath - Director
The latest financial statements of Avis Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avis Mercantile is 27AACCA6911D1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCA6911D1ZY (Karnataka).
The CIN (Corporate Identification Number) of Avis Mercantile is U55200MH1990PTC058765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avis Mercantile was incorporated on 31 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishanchandra Mishra Parasnath was appointed as Director on 04 Sep 2006. Shayamsunder Ramkisanji Agrawal was appointed as Director on 08 Aug 1994.
The registered office of Avis Mercantile is at Near Allaha Ji Ka Dargah Shrawgi Plot Umari Road Tower Chowk Akola, Maharashtra, India – 444001.
Avis Mercantile operates in the trading industry, in the other wholesale segment.
The compliance status of Avis Mercantile is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.