Avnish Merchandise Private Limited
About Avnish Merchandise Private Limited
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Avnish Merchandise Private Limited is a private limited company based in Panvel, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2011PTC214112. Its GSTIN is 27AAPCS5175E1ZZ (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Nitya Merchandise Private Limited and Npm Merchandise Private Limited. It is led by directors Narayan Prasad Malpani and Ramprakash Narayan Prasad Malpani.
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 Sector 07, Panvel, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.46 Cr (net margin 63.7%) and EBITDA of ₹6.23 Cr (EBITDA margin 72.6%). Revenue has grown at a compounded annual rate (CAGR) of 306% over three years and 122% over five years.
As per MCA filings, the company has open charges of ₹822.33 Cr and satisfied charges of ₹359.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Avnish Merchandise has undergone 3 name changes throughout its history. The company was previously known as Nitya Merchandise Private Limited, Npm Merchandise Private Limited, and Shree Npm Investment Private Limited. The current legal name is Avnish Merchandise Private Limited.
| Company Name | Status |
|---|---|
| Avnish Merchandise Private Limited | Current |
| Nitya Merchandise Private Limited | Previous |
| Npm Merchandise Private Limited | Previous |
| Shree Npm Investment Private Limited | Previous |
Contact details
Avnish Merchandise Private Limited's registered office is in Panvel, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No. 0405 The Landmark, Plot No. 26A Sector 07, Panvel, Maharashtra, India – 410210
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Retail & Distribution
To see the full contact details of Avnish Merchandise 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 Avnish Merchandise is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except 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 | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Avnish Merchandise Private Limited, buy the company report.
Financials of Avnish Merchandise Private Limited
FY 2025 filings availableAvnish Merchandise Private Limited reported revenue of ₹8.58 Cr (up 10269% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.23 Cr | ||||
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| Net Profit (PAT) | ₹5.46 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 72.6% | ||||
| Net Profit Margin | 63.7% | ||||
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To see the full financial statements and ratios of Avnish Merchandise Private Limited, buy the company report.
Board of directors of Avnish Merchandise Private Limited
Avnish Merchandise has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Prasad Malpani Also directs: Jay Jagdamba Defence Private Limited, Jay Jagdamba Ecosteel Private Limited, Jay Jagdamba Limited and 5 more | Director | 26 Feb 2011 | 15 Years 8 Months | Current |
| Ramprakash Narayan Prasad Malpani Also directs: Jay Jagdamba Defence Private Limited, Jay Jagdamba Ecosteel Private Limited, Jay Jagdamba Limited and 5 more | Director | 26 Feb 2011 | 15 Years 8 Months | Current |
Auditor
Avnish Merchandise Private Limited is audited by A G MUNDRA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A G MUNDRA AND ASSOCIATES | FY 2023 | 159989W |
Shareholding
The shareholding of Avnish Merchandise Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Avnish Merchandise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Dec 2025 | 101217655 | Others | ₹55.35 Cr | Open | |
| 06 Aug 2022 | 100608750 | Others | ₹766.98 Cr | Open | |
| 06 Sep 2024 | 100982877 | Others | ₹35 Cr | Satisfied | |
| 26 Mar 2024 | 100904436 | State Bank of India | ₹45 Cr | Satisfied | |
| 18 Jun 2020 | 100379332 | Others | ₹15 Cr | Satisfied |
To see the full charge records of Avnish Merchandise Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Avnish Merchandise 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 Avnish Merchandise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Avnish Merchandise has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Avnish Merchandise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS5175E1ZZ | Maharashtra | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Avnish Merchandise Private Limited, buy the company report.
Recent activity
Avnish Merchandise Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Narayan Prasad Malpani was appointed as Director on 26 Feb 2011.
10 earlier events are in the company report.
Frequently asked questions
Avnish Merchandise is an active private limited company based in Panvel, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 February 2011 (15+ years old) and is registered under CIN U74120MH2011PTC214112.
Avnish Merchandise has 2 current directors:
- Narayan Prasad Malpani - Director
- Ramprakash Narayan Prasad Malpani - Director
The latest financial statements of Avnish Merchandise on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Avnish Merchandise is 27AAPCS5175E1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Avnish Merchandise is U74120MH2011PTC214112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avnish Merchandise was incorporated on 26 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Narayan Prasad Malpani was appointed as Director on 26 Feb 2011. Ramprakash Narayan Prasad Malpani was appointed as Director on 26 Feb 2011.
The registered office of Avnish Merchandise is at Office No. 0405 The Landmark, Plot No. 26A Sector 07, Panvel, Maharashtra, India – 410210.
Avnish Merchandise operates in the metals and minerals industry, in the steel manufacturing and processing segment.
Avnish Merchandise has open charges of ₹822.33 Cr and satisfied charges of ₹359.95 Cr as per latest MCA filings.
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