About Gentex Merchants Private Limited
Data last updated:
Gentex Merchants Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Maurindo Investments Limited,Mauritius. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 24 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH1997PTC289509. Its GSTIN is 27AABCG1491M1ZD (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹181.5 Cr and a paid-up capital of ₹168.47 Cr. It is led by directors Surya Prakash Kanodia and Aparna Devi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 81 Maker Chambers III 8th Floor 223 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.6 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹7.51 Cr (net margin -208.6%) and EBITDA of -₹1.61 Cr (EBITDA margin -44.7%). Revenue has declined at a compounded annual rate (CAGR) of 19% over five years.
Its group structure includes 2 subsidiaries.
Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mittalinvestments.com.
Company details
CIN history
Gentex Merchants has one previous CIN (Corporate Identification Number): U51909WB1997PTC083040. The current CIN is U51909MH1997PTC289509, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909MH1997PTC289509 | Current |
| U51909WB1997PTC083040 | Previous |
Contact details
Gentex Merchants Private Limited's registered office is in Mumbai, Maharashtra. Its website is mittalinvestments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address81 Maker Chambers III 8th Floor 223 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services, Real Estate Financing
To see the full contact details of Gentex 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 Gentex Merchants is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Gentex Merchants Private Limited, buy the company report.
Financials of Gentex Merchants Private Limited
FY 2024 filings availableGentex Merchants Private Limited reported revenue of ₹3.6 Cr (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 13% fall in the latest year. EBITDA rose 74% 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 | -₹1.61 Cr | ||||
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| Net Profit (PAT) | -₹7.51 Cr | ||||
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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 | -44.7% | ||||
| Net Profit Margin | -208.6% | ||||
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To see the full financial statements and ratios of Gentex Merchants Private Limited, buy the company report.
Board of directors of Gentex Merchants Private Limited
Gentex Merchants has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surya Prakash Kanodia Also directs: Explochem India Ltd, Presario Properties Private Limited, Padmachhaya Properties Private Limited and 2 more | Director | 01 Oct 2008 | 18 Years 1 Months | Current |
| Aparna Devi | Director | 15 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Gentex Merchants Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2023 | 301003E |
Shareholding
The shareholding of Gentex Merchants Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gentex Merchants Private Limited, buy the company report.
Legal cases
Gentex Merchants Private Limited has 7 court cases on record: 1 filed by Gentex Merchants, 6 filed against it. 3 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 3 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 3 Mumbai | Pending |
| High Court | Court case (AWT) | Filed against the company by Principal Commissioner of Wealth Tax 3, Kolkata | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of Gentex Merchants 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 Gentex Merchants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gentex Merchants has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Padmachhaya Properties Private Limited | U45201MH1998PTC281161 | |
| India Market Site Company Private Limited | U51900MH2000PTC126986 |
To see the full group structure of Gentex Merchants Private Limited, buy the company report.
GST
Gentex Merchants has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG1491M1ZD | Maharashtra | Active | 26 Jul 2017 |
| 07AABCG1491M1ZF | Delhi | Active | 24 Aug 2017 |
To see the full GST registrations and return filing status of Gentex Merchants Private Limited, buy the company report.
Recent activity
Gentex Merchants Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Preeti Shah ceased to be Company Secretary on 15 Feb 2021.
2 earlier events are in the company report.
Frequently asked questions
Gentex Merchants is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 24 February 1997 (29+ years old) and is registered under CIN U51909MH1997PTC289509.
Gentex Merchants has 2 current directors:
- Surya Prakash Kanodia - Director
- Aparna Devi - Director
The latest financial statements of Gentex Merchants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gentex Merchants is 27AABCG1491M1ZD, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 07AABCG1491M1ZF (Delhi).
The CIN (Corporate Identification Number) of Gentex Merchants is U51909MH1997PTC289509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gentex Merchants has 7 court cases on record: 1 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Gentex Merchants was incorporated on 24 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Preeti Shah ceased to be Company Secretary on 15 Feb 2021. Aparna Devi ceased to be Additional Director on 21 Sep 2017. Sunil Kumar Dahlan ceased to be Director on 18 Jan 2017. Gentex Merchants has 11 board changes on record in total.
Gentex Merchants can be reached through the website mittalinvestments.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gentex Merchants is at 81 Maker Chambers III 8th Floor 223 Nariman Point, Mumbai, Maharashtra, India – 400021.
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