Bihar Mercantile Union Private Limited
About Bihar Mercantile Union Private Limited
Data last updated:
Bihar Mercantile Union Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 16 July 1946 and has been in existence for over 80 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1946PTC107621. Its GSTIN is 29AABCB0786A1ZZ (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹49.54 Lakh. It was formerly known as Bihar Mercantile Union Ltd. It is led by directors including Akanksha Himatsingka and Shrikant Himatsingka.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/24 Kumara Krupa Road High Grounds Bangalore – 560001, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.22 Lakh (net margin 90.9%) and EBITDA of ₹31.24 Lakh (EBITDA margin 90.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 59% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹218.18 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Bihar Mercantile Union has undergone 2 name changes throughout its history. The company was previously known as Bihar Mercantile Union Ltd, and Bihar Mercantile Union Private Limited. The current legal name is Bihar Mercantile Union Private Limited.
| Company Name | Status |
|---|---|
| Bihar Mercantile Union Private Limited | Current |
| Bihar Mercantile Union Ltd | Previous |
CIN history
Bihar Mercantile Union has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51909KA1946PTC107621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909KA1946PTC107621 | Current |
| U51909WB1946PLC014119 | Previous |
| U51909KA1946PLC107621 | Previous |
| U99999WB1946PLC014119 | Previous |
Contact details
Bihar Mercantile Union Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address10/24 Kumara Krupa Road High Grounds Bangalore – 560001, Karnataka, India – 560001
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Bihar Mercantile Union 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
Financials of Bihar Mercantile Union Private Limited
FY 2025 filings availableBihar Mercantile Union Private Limited reported revenue of ₹34.36 Lakh (up 2651% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹31.24 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.9% | ||||
| Net Profit Margin | 90.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bihar Mercantile Union Private Limited, buy the company report.
Board of directors of Bihar Mercantile Union Private Limited
Bihar Mercantile Union has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akanksha Himatsingka Also directs: Himatsingka Global Ventures LLP, Himatsingka Ventures Private Limited, Awdhan Trading Co Ltd. and 5 more | Director | 07 Jun 2017 | 9 Years 5 Months | Current |
| Shrikant Himatsingka Also directs: Himatsingka Global Ventures LLP, Himatsingka Seide Limited, Himatsingka Ventures Private Limited and 5 more | Director | 07 Jun 2017 | 9 Years 5 Months | Current |
| Rajshree Himatsingka | Director | 15 Dec 2004 | 21 Years 11 Months | Current |
Peer comparison
Bihar Mercantile Union Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Capri Financial Services Pvt Ltd | ₹34.48 Lakh (FY 2025) | -64.0% | Mumbai, Maharashtra, India | |||
| Royal Travancore Nidhi Limited | ₹34.46 Lakh (FY 2022) | 162.0% | Kannur, Kerala, India | |||
| KNV Capital Services Private Limited | ₹34.45 Lakh (FY 2025) | -13.0% | Chennai, Tamil Nadu, India | |||
| Ganpati Shares and Securities Pvt. Ltd. | ₹34.44 Lakh (FY 2025) | 81.0% | Mumbai, Maharashtra, India | |||
| Pennwalt Finance and Investments Limited | ₹34.4 Lakh (FY 2025) | 20.0% | Navi Mumbai, Maharashtra, India | |||
| Bihar Mercantile Union Private Limitedthis company | ₹34.36 Lakh (FY 2025) | ₹31.22 Lakh | 90.9% | 2651.0% | Bangalore, Karnataka, India | |
| Pratibhuti Holdings Private Limited | ₹34.36 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Kuber Debt Recovery Services Private Limited | ₹34.36 Lakh (FY 2025) | 89.0% | Chandigarh, India | |||
| Sarp Alliance Private Limited | ₹34.34 Lakh (FY 2025) | 27.0% | South Ganesh Nagar, Delhi, India | |||
| Erode M D Chit Funds Private Limited | ₹34.29 Lakh (FY 2022) | 20.0% | Erode, Tamil Nadu, India | |||
| KJMC Shares and Securities Limited | ₹34.27 Lakh (FY 2024) | 60.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bihar Mercantile Union Private Limited, buy the company report.
Auditor
Bihar Mercantile Union Private Limited is audited by B S D & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S D & CO | FY 2021 | 000312S |
Shareholding
The shareholding of Bihar Mercantile Union Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bihar Mercantile Union Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2017 | 100108697 | Others | ₹100 Cr | Satisfied | |
| 25 Aug 2016 | 100046808 | Others | ₹87.27 Cr | Satisfied | |
| 24 Jul 2012 | 10366297 | Export-Import Bank of India | ₹30.91 Cr | Satisfied |
To see the full charge records of Bihar Mercantile Union Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Bihar Mercantile Union Private Limited has 10 court cases on record: 5 filed by Bihar Mercantile Union, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Company petition | Filed against the company by Orient Silk Pvt. Ltd. | Disposed |
| High Court | Appeal | Filed against the company by Orient Silk Pvt. Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court | Tax appeal | Filed against the company by an individual | Disposed |
| High Court | Tax appeal | Filed against the company by an individual | Disposed |
To see the full case history of Bihar Mercantile Union Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bihar Mercantile Union Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bihar Mercantile Union has 2 subsidiary companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Aditya Resources Limited | U65910KA1985PLC110008 | |
| Priya Resources Ltd | U67120KA1985PLC107620 |
To see the full group structure of Bihar Mercantile Union Private Limited, buy the company report.
GST
Bihar Mercantile Union has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCB0786A1ZZ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bihar Mercantile Union Private Limited, buy the company report.
Recent activity
Bihar Mercantile Union Private Limited has 10 board changes on record since 2004: 3 appointments and 7 cessations. The latest: Dinesh Kumar Himatsingka ceased to be Director on 05 Dec 2020.
9 earlier events are in the company report.
Frequently asked questions
Bihar Mercantile Union is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty, within the trading industry. It was incorporated on 16 July 1946 (80+ years old) and is registered under CIN U51909KA1946PTC107621.
Bihar Mercantile Union has 3 current directors:
- Akanksha Himatsingka - Director
- Shrikant Himatsingka - Director
- Rajshree Himatsingka - Director
The latest financial statements of Bihar Mercantile Union on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bihar Mercantile Union is 29AABCB0786A1ZZ, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bihar Mercantile Union is U51909KA1946PTC107621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bihar Mercantile Union has 10 court cases on record: 5 filed by the company and 5 filed against it.
Bihar Mercantile Union was incorporated on 16 July 1946, making it 80+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bihar Mercantile Union by revenue are Capri Financial Services Pvt Ltd, Royal Travancore Nidhi Limited, KNV Capital Services Private Limited, Ganpati Shares and Securities Pvt. Ltd, Pennwalt Finance and Investments Limited and 5 more, all in the BFSI industry (Other Financial Services).
Dinesh Kumar Himatsingka ceased to be Director on 05 Dec 2020. Akanksha Himatsingka ceased to be Additional Director on 27 Sep 2017. Shrikant Himatsingka ceased to be Additional Director on 27 Sep 2017. Bihar Mercantile Union has 10 board changes on record in total.
The registered office of Bihar Mercantile Union is at 1024 Kumara Krupa Road High Grounds Bangalore – 560001, Karnataka, India – 560001.
Bihar Mercantile Union operates in the trading industry, in the specialty segment.
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