Dhruv Mercantile Private Limited
About Dhruv Mercantile Private Limited
Data last updated:
Dhruv Mercantile Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial services and investment segment of the financial services sector. It was incorporated on 04 May 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51902MH2011PTC217023.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.76 Lakh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at S – 34 Uttan Bhut Bungla Nr Keshaw Shrusty Po – Uttan Bhayander West, Thane, Maharashtra, India – 401101.
As per the financials filed for FY 2018, the company reported a revenue of ₹11.26 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹47,467 (net margin 4.2%) and EBITDA of ₹8.04 Lakh (EBITDA margin 71.4%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years.
Company details
Contact details
Dhruv Mercantile Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 34 Uttan Bhut Bungla Nr Keshaw Shrusty Po – Uttan Bhayander West, Thane, Maharashtra, India – 401101
- IndustryFinancial Services, Financial Activities
To see the full contact details of Dhruv 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 Dhruv Mercantile is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Dhruv Mercantile Private Limited, buy the company report.
Financials of Dhruv Mercantile Private Limited
FY 2018 filings availableDhruv Mercantile Private Limited reported revenue of ₹11.26 Lakh (up 18% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over three years, including 18% growth in the latest year. EBITDA rose 38% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | ₹8.04 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹47,467 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 71.4% | |||
| Net Profit Margin | 4.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Dhruv Mercantile Private Limited, buy the company report.
Board of directors of Dhruv Mercantile Private Limited
Dhruv Mercantile has 4 former directors on record and no current directors listed.
Peer comparison
Dhruv Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Canara Nidhi Limited | ₹11.28 Lakh (FY 2025) | -79.0% | Karnataka, India | |||
| Kuber Infinity Nidhi Limited | ₹11.27 Lakh (FY 2023) | 65.0% | Yamuna Nagar, Haryana, India | |||
| Decredito Fintech Private Limited | ₹11.27 Lakh (FY 2025) | 19.0% | Haryana, India | |||
| Vibgyor Nidhi Limited | ₹11.27 Lakh (FY 2025) | -5.0% | Manjeri, Kerala, India | |||
| DPJ Viniyog Pvt Ltd | ₹11.26 Lakh (FY 2025) | -8.0% | Kolkata, West Bengal, India | |||
| Dhruv Mercantile Private Limitedthis company | ₹11.26 Lakh (FY 2018) | ₹47,467 | 4.2% | 18.0% | Thane, Maharashtra, India | |
| Swadhyaay Imf Private Limited | ₹11.26 Lakh (FY 2024) | 125.0% | Gurgaon, Haryana, India | |||
| PSV Kuries Private Limited | ₹11.26 Lakh (FY 2024) | -13.0% | Varapuzha P O, Kerala, India | |||
| Pioneer Protec Ltd. | ₹11.26 Lakh (FY 2019) | -7.0% | Kolkata, West Bengal, India | |||
| Jisant Nidhi Limited | ₹11.26 Lakh (FY 2024) | 81.0% | Jaipur, Rajasthan, India | |||
| Calibur Solutions Private Limited | ₹11.25 Lakh (FY 2018) | -20.0% | Patna, Bihar, India |
To see the full peer comparison of Dhruv Mercantile Private Limited, buy the company report.
Auditor
Dhruv Mercantile Private Limited is audited by MAHESHHITESHPARIHAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESHHITESHPARIHAR | FY 2017 | 119002 |
Shareholding
The shareholding of Dhruv 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 Dhruv Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Dhruv 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 Dhruv Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Dhruv Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Dhruv Mercantile Private Limited has 4 board changes on record since 2015: 0 appointments and 4 cessations. The latest: Sonali Garg Pradeep ceased to be Director on 17 Jul 2019.
Frequently asked questions
Dhruv Mercantile has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Dhruv Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in financial activities, within the financial services industry. It was incorporated on 04 May 2011 and is registered under CIN U51902MH2011PTC217023. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Dhruv Mercantile is U51902MH2011PTC217023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhruv Mercantile was incorporated on 04 May 2011. It is registered with the Registrar of Companies, Mumbai.
The registered office of Dhruv Mercantile is at S – 34 Uttan Bhut Bungla Nr Keshaw Shrusty Po – Uttan Bhayander West, Thane, Maharashtra, India – 401101.
The latest financial statements of Dhruv Mercantile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Dhruv Mercantile operated in the financial services industry, in the financial activities segment.
The peers of Dhruv Mercantile by revenue are Canara Nidhi Limited, Kuber Infinity Nidhi Limited, Decredito Fintech Private Limited, Vibgyor Nidhi Limited, DPJ Viniyog Pvt Ltd and 5 more, all in the same principal business activity (other financial activities).
Sonali Garg Pradeep ceased to be Director on 17 Jul 2019. Suman Agrawal ceased to be Director on 17 Jul 2019. Mukesh Kumar Sohanlalji Gupta ceased to be Director on 05 Feb 2018. Dhruv Mercantile has 4 board changes on record in total.
The compliance status of Dhruv Mercantile is compliant as of 19 August 2026.
Dhruv Mercantile can be reached at its registered office: S – 34 Uttan Bhut Bungla Nr Keshaw Shrusty Po – Uttan Bhayander West, Thane, Maharashtra, India – 401101.
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