About HM Mercantiles
HM Mercantiles is a Financial Services company. Financial advisory services including mutual funds and investment planning in India. Its Indian entity Hm Mercantiles Private Limited reported revenue of ₹10.51 Cr. HM Mercantiles offers products and services including Mutual Funds Advisory and Life Insurance Services. Its focus areas include Investment Management, Mutual Funds, Advisory Services and Insurance.
Company details
HM Mercantiles is known for delivering financial advisory services that encompass mutual fund investments, life insurance, and tax savings options, with tools like calculators and research on top-performing funds being made available to support goal achievement. The company is situated in Bhubaneswar, Odisha, where assistance is provided for investment planning and retirement strategies, ensuring selections are based on individual risk profiles and long-term objectives. Comprehensive advice is offered to facilitate wealth creation through systematic approaches.
- SectorsFinancial Services
- Email••••••••
- Website hmmercantiles.in
- Legal Name Hm Mercantiles Private Limited
- Date of Incorporation 06 Feb, 2014
- Jurisdiction Bhubaneswar, Odisha, India
- Indian entity revenue₹10.51 Cr
FY 2024 · +16% YoY
- Indian entity net profit₹6.52 Cr
FY 2024 · 62% margin
- Indian entity EBITDA₹7.92 Cr
FY 2024 · 75% margin
Associated legal entities of HM Mercantiles
HM Mercantiles operates through Hm Mercantiles Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Hm Mercantiles Private Limited CIN U74210OR2014PTC017805 | Active | 06 Feb 2014 | Bhubaneswar, Odisha | ₹10.5 Cr | 3 | View details |
Products & Services of HM Mercantiles
HM Mercantiles offers a comprehensive portfolio of products and services, including Mutual Funds Advisory and Life Insurance Services.
Advice on mutual funds is provided to align with investment horizons and risk profiles.
Life insurance plans are suggested to protect the financial future of families.
Board of directors of Hm Mercantiles Private Limited (HM Mercantiles)
Hm Mercantiles Private Limited is the primary company behind HM Mercantiles. The board of Hm Mercantiles Private Limited currently have 3 directors; the longest-serving is Hemalata Mahakud, appointed in 2014. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hemalata Mahakud DIN 02499769 | Director | 06 Feb 2014 | 12 yrs 9 mo | Hm Mercantiles Private Limited |
| Mayadhar Mahakud DIN 01594469 | Director | 06 Feb 2014 | 12 yrs 9 mo | Hm Mercantiles Private Limited |
| Manas Ranjan Rout DIN 06791693 | Director | 01 Oct 2024 | 2 yrs 1 mo | Hm Mercantiles Private Limited |
Financials of HM Mercantiles
Figures of Hm Mercantiles Private Limited, the primary company behind HM Mercantiles, for FY 2024. Revenue was ₹10.51 Cr (+16% year on year). Net profit was ₹6.52 Cr (62% margin). EBITDA was ₹7.92 Cr (75% margin). Revenue has grown at a compounded annual rate of +13% over three years and +3% over five years.
- ₹10.51 CrRevenue · FY 2024 · +16% YoY
- ₹6.52 CrNet profit · 62% margin
- ₹7.92 CrEBITDA · 75% margin
- ₹47.5 LakhPaid-up capital
- +13%Revenue CAGR, 3 years
- +3%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Hm Mercantiles Private Limited are on its company page.
Detailed financial statements for HM Mercantiles
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- Statement rows
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- Five-year trends
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Frequently Asked Questions about HM Mercantiles
The primary company behind HM Mercantiles, Hm Mercantiles Private Limited, reported revenue of ₹10.51 Cr for FY 2024, up 16% year on year.
HM Mercantiles is known for delivering financial advisory services that encompass mutual fund investments, life insurance, and tax savings options, with tools like calculators and research on top-performing funds being made available to support goal achievement. The company is situated in Bhubaneswar, Odisha, where assistance is provided for investment planning and retirement strategies, ensuring selections are based on individual risk profiles and long-term objectives. Comprehensive advice is offered to facilitate wealth creation through systematic approaches.
HM Mercantiles offers Mutual Funds Advisory and Life Insurance Services.
HM Mercantiles operates through Hm Mercantiles Private Limited.
The legal entities of HM Mercantiles currently have 3 directors, including Hemalata Mahakud, Mayadhar Mahakud, Manas Ranjan Rout.