Devak Mercantile Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 2009.
2009 Mumbai, Maharashtra, India Active
Last Updated:
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About Devak Mercantile Private Limited

Devak Mercantile Private Limited, a active private limited company, was established on 08 December 2009 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U52390MH2009PTC197680. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹4.00 M and a paid-up capital of ₹3.50 M.

It upholds a active non-compliant status. Its leadership includes Vijay Daluram Poddar (Director), Shrishti Vijay Poddar (Director). Past directors included Manju Vijaykumar Poddar, Dilip Keshav Pagare, Sanjay Vishambharlal Deora. It holds ₹2.50 Cr open charges and ₹9.80 M settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at 318,Hubtownviva,Meterrmno.2,Shankarwadi, W.E.Highway,Jogeshwari(E),, Mumbai, Maharashtra, 400060.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U52390MH2009PTC197680

  • Registration Number

    197680

  • Incorporation Date

    08 December 2009

  • Authorized Capital

    ₹4.00 M

  • Paid-Up Capital

    ₹3.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 16 Year, 2 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 9.80 M
  • Revenue Growth **** 42.77%
  • Profit Growth **** -30.43%
  • Ebitda **** 68.14%
  • Net Worth 2.27%
  • Total Assets **** 48.44%
Company report

Devak Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Devak Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Devak Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Vijay Daluram Poddar Director 22 Dec 2009 Current
Shrishti Vijay Poddar Director 28 Oct 2016 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2016 Past
Pramod Abcsdd Director 28 Dec 2009 Past
Pramod Abcsdd Director 28 Dec 2009 Past

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Financial Performance of Devak Mercantile.

Devak Mercantile Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 42.77% increase. The company also saw a substantial fall in profitability, with a 30.43% decrease in profit. The company's net worth moved up by a moderate rise of 2.27%.

Devak Mercantile revenue growth over time
Devak Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 42.77%
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*******
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Revenue from Operations
*******
 41.99%
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*******
*******
Total Assets
*******
 48.44%
*******
*******
*******
*******
Profit or Loss
*******
 -30.43%
*******
*******
*******
*******
Net Worth
*******
 2.27%
*******
*******
*******
*******
EBITDA
*******
 68.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Devak Mercantile?

In 2016, Devak Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹25,000,000.00

Satisfied Charges

₹9,800,000.00

Charges Breakdown by Lending Institutions
  • Bank Of India : 2.50 Cr
Latest Charge Details
Date Lender Amount Status
01 Jan 2015 Bank Of India ₹2.50 Cr Open
27 Mar 2010 Idbi Bank Limited ₹9.80 M Satisfied

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How Many Employees Work at Devak Mercantile?

Unlock and access historical data on people associated with Devak Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devak Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Devak Mercantile's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Devak Mercantile
Recent Activity within the Organization
  • Director Appointment

    Progress on Shrishti Vijay Poddar was appointed as a Director was appointed as a Director on 28 Oct 2016 & has been associated with this company since 9 years 3 months . was documented.

  • Annual General Meeting

    The activity Devak Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Devak Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai. was documented.

  • Charges

    The activity A charge with Bank Of India amounted to Rs. 25.00 M with Charge ID 10548189 was registered on 01 Jan 2015. was completed.

  • Charges

    A charge registered on 27 Mar 2010 via Charge ID 10211011 with Idbi Bank Limited was fully satisfied on 24 Dec 2014. was recorded as a recent event.

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 9.80 M with Charge ID 10211011 was registered on 27 Mar 2010. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Devak Mercantile Private Limited?

The CIN of Devak Mercantile Private Limited is U52390MH2009PTC197680.

Where is Devak Mercantile Private Limited headquartered?

Devak Mercantile Private Limited is headquartered at 318,Hubtownviva,Meterrmno.2,Shankarwadi, W.E.Highway,Jogeshwari(E),, Mumbai, Maharashtra, 400060.

When was Devak Mercantile Private Limited incorporated?

Devak Mercantile Private Limited was incorporated on 08 December 2009.

Who are the current directors of Devak Mercantile Private Limited?

The current directors of Devak Mercantile Private Limited are

What is the primary industry of Devak Mercantile Private Limited?

The primary industry of Devak Mercantile Private Limited is Trade.

Is Devak Mercantile Private Limited a listed company?

Devak Mercantile Private Limited is unlisted.

What is the capital structure of Devak Mercantile Private Limited?

The authorized capital of Devak Mercantile Private Limited is ₹4.00 M, and the paid-up capital is ₹3.50 M.

What is the compliance status of Devak Mercantile Private Limited?

The compliance status of Devak Mercantile Private Limited is Active Non-Compliant.

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