Epoch Mercantiles Pvt Ltd
About Epoch Mercantiles Pvt Ltd
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Epoch Mercantiles Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 28 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ1994PTC157454.
The company has an authorised share capital of ₹85 Lakh and a paid-up capital of ₹83.38 Lakh. It is led by directors including Neeta Sethia and Mahendra Sethia.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.09 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹4.99 Lakh (net margin -10.4%) and EBITDA of -₹4.67 Lakh (EBITDA margin -9.7%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 24% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Epoch Mercantiles has one previous CIN (Corporate Identification Number): U51909WB1994PTC066869. The current CIN is U51909GJ1994PTC157454, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909GJ1994PTC157454 | Current |
| U51909WB1994PTC066869 | Previous |
Contact details
Epoch Mercantiles Pvt Ltd's registered office is in Ahmedabad, Gujarat.
- Registered AddressS.F – 213 I Square Nr. Shukan Mall Cross Road, Science City Road, Ahmedabad, Gujarat, India – 380060
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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 Epoch Mercantiles is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Epoch Mercantiles Pvt Ltd, buy the company report.
Financials of Epoch Mercantiles Pvt Ltd
FY 2024 filings availableEpoch Mercantiles Pvt Ltd reported revenue of ₹48.09 Lakh (down 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 35% fall in the latest year. EBITDA fell 119% 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 | -₹4.67 Lakh | ||||
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| Net Profit (PAT) | -₹4.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.7% | ||||
| Net Profit Margin | -10.4% | ||||
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To see the full financial statements and ratios of Epoch Mercantiles Pvt Ltd, buy the company report.
Board of directors of Epoch Mercantiles Pvt Ltd
Epoch Mercantiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanushree | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
| Neeta Sethia Also directs: Jai Dada Agrotech Private Limited, Ankit Agro Industries Private Limited, Shradha Enclave Private Limited and 5 more | Director | 15 Dec 2004 | 21 Years 11 Months | Current |
| Mahendra Sethia Also directs: Jai Dada Agrotech Private Limited, Ankit Agro Industries Private Limited, Shradha Enclave Private Limited and 5 more | Director | 15 Dec 2004 | 21 Years 11 Months | Current |
| Suman Bhattarai Also directs: Richcredit Finance Private Limited, Bansal In-Hold Limited | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 2017 | 100117165 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Epoch Mercantiles Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Epoch Mercantiles Pvt Ltd has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, Medchal Malkajgiri, Telangana | Court case (IP) | Filed against the company by an individual | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Epoch Mercantiles Pvt Ltd, 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 Epoch Mercantiles Pvt Ltd; 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 Epoch Mercantiles Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Epoch Mercantiles Pvt Ltd has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Suman Bhattarai was appointed as Additional Director on 17 Nov 2025.
Frequently asked questions
Epoch Mercantiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 28 December 1994 (32+ years old) and is registered under CIN U51909GJ1994PTC157454.
Epoch Mercantiles has 4 current directors:
- Tanushree - Additional Director
- Neeta Sethia - Director
- Mahendra Sethia - Director
- Suman Bhattarai - Additional Director
The latest financial statements of Epoch Mercantiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Epoch Mercantiles is U51909GJ1994PTC157454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Epoch Mercantiles has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
Epoch Mercantiles was incorporated on 28 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Suman Bhattarai was appointed as Additional Director on 17 Nov 2025. Tanushree was appointed as Additional Director on 17 Nov 2025. Bhuvnesh Sangwan ceased to be CFO on 25 Oct 2025. Epoch Mercantiles has 5 board changes on record in total.
The registered office of Epoch Mercantiles is at S.F – 213 I Square Nr. Shukan Mall Cross Road, Science City Road, Ahmedabad, Gujarat, India – 380060.
Epoch Mercantiles operates in the financial services industry, in the investment and credit nbfc segment.
Epoch Mercantiles has no open charges and satisfied charges of ₹10 Cr as per latest MCA filings.
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