Dip and B Merchants Private Limited
About Dip and B Merchants Private Limited
Data last updated:
Dip and B Merchants Private Limited is a private limited company based in Faridabad, Haryana, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the guest houses and budget stays segment of the travel and hospitality sector. It was incorporated on 08 December 2005.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909HR2005PTC035948. Its GSTIN is 06AACCD3468N1ZC (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Radhe Mehindro and Alka Mehindro.
Its last annual general meeting (AGM) was held on 17 May 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 81 Sector 25, Faridabad, Haryana, India – 121004.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.98 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹7.34 Lakh (net margin 73.5%) and EBITDA of ₹9.92 Lakh (EBITDA margin 99.4%). Revenue has declined at a compounded annual rate (CAGR) of 140% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹75 Lakh on record.
Company details
Contact details
Dip and B Merchants Private Limited's registered office is in Faridabad, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 81 Sector 25, Faridabad, Haryana, India – 121004
- IndustryTravel and Hospitality, Guest Houses & Budget Stays
To see the full contact details of Dip and B Merchants 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 Dip and B Merchants is accommodation and food service. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
Financials of Dip and B Merchants Private Limited
FY 2024 filings availableDip and B Merchants Private Limited reported revenue of ₹9.98 Lakh (up 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA rose 126% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.92 Lakh | ||||
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| Net Profit (PAT) | ₹7.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 99.4% | ||||
| Net Profit Margin | 73.5% | ||||
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To see the full financial statements and ratios of Dip and B Merchants Private Limited, buy the company report.
Board of directors of Dip and B Merchants Private Limited
Dip and B Merchants has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Radhe Mehindro | Director | 08 Dec 2005 | 20 Years 11 Months | Current |
| Alka Mehindro | Director | 08 Dec 2005 | 20 Years 11 Months | Current |
Peer comparison
Dip and B Merchants Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Services industry (Guest Houses), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Map My Room Private Limited | ₹12.5 Lakh (FY 2025) | 400.0% | Delhi, India | |||
| Devanand Properties Private Limited | ₹11.49 Lakh (FY 2025) | -4.0% | Vallabh Vidhyanagar, Gujarat, India | |||
| Sagar Tourist Resorts Limited | ₹10.34 Lakh (FY 2025) | -48.0% | Himachal Pradesh, India | |||
| Dip and B Merchants Private Limitedthis company | ₹9.98 Lakh (FY 2024) | ₹7.34 Lakh | 73.5% | 18.0% | Faridabad, Haryana, India | |
| Anoop Guest House Private Limited | ₹9.14 Lakh (FY 2025) | -58.0% | Delhi, India |
To see the full peer comparison of Dip and B Merchants Private Limited, buy the company report.
Auditor
Dip and B Merchants Private Limited is audited by H A R & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H A R & ASSOCIATES | FY 2021 | 028176N |
Shareholding
The shareholding of Dip and B Merchants Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dip and B Merchants Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Dec 2006 | 10028676 | Oriental Bank of Commerce | ₹75 Lakh | Satisfied |
To see the full charge records of Dip and B Merchants Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Dip and B Merchants 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 Dip and B Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dip and B Merchants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCD3468N1ZC | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dip and B Merchants Private Limited, buy the company report.
Recent activity
Dip and B Merchants Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Karan Mehindro ceased to be Director on 12 Dec 2020.
Frequently asked questions
Dip and B Merchants is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Dip and B Merchants is a company pending strike off, currently registered as a private limited company based in Faridabad, Haryana, India. The company works in guest houses and budget stays, within the travel and hospitality industry. It was incorporated on 08 December 2005 and is registered under CIN U51909HR2005PTC035948. The company may be struck off soon - caution is advised.
The compliance status of Dip and B Merchants is compliant as of 20 August 2026.
Dip and B Merchants has 2 current directors:
- Radhe Mehindro - Director
- Alka Mehindro - Director
The CIN (Corporate Identification Number) of Dip and B Merchants is U51909HR2005PTC035948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dip and B Merchants was incorporated on 08 December 2005. It is registered with the Registrar of Companies, Delhi.
The registered office of Dip and B Merchants is at Plot No. 81 Sector 25, Faridabad, Haryana, India – 121004.
The latest financial statements of Dip and B Merchants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 17 May 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Dip and B Merchants is 06AACCD3468N1ZC, registered in Haryana.
Dip and B Merchants operates in the travel and hospitality industry, in the guest houses and budget stays segment.
The peers of Dip and B Merchants by revenue are Map My Room Private Limited, Devanand Properties Private Limited, Sagar Tourist Resorts Limited, Anoop Guest House Private Limited, all in the Consumer Services industry (Guest Houses), with the same principal business activity (accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.).
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