H N Merchants Private Limited

H N Merchants Private Limited - trading in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2004PTC110492 Incorporated 16 July 2004 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company trading
Revenue · FY 2025
₹7.34 Lakh
▼ 46.03% YoY
Net profit · FY 2025
₹7,059
Net margin 1%
EBITDA · FY 2025
₹9,439
EBITDA margin 1.3%
Authorised capital
₹1.7 Cr
Registered with MCA
Paid-up capital
₹1.61 Cr
Issued & subscribed
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About H N Merchants Private Limited

Data last updated:

H N Merchants Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Spandan Trexim Pvt Ltd. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 16 July 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2004PTC110492.

The company has an authorised share capital of ₹1.7 Cr and a paid-up capital of ₹1.61 Cr. It is led by directors Nitin Mukesh and Ankit.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. – 904 9th Floor Ashirwad Palace – C B/H Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.

As per the financials filed for FY 2025, the company reported a revenue of ₹7.34 Lakh. For the same year it recorded a net profit of ₹7,059 (net margin 1%) and EBITDA of ₹9,439 (EBITDA margin 1.3%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909GJ2004PTC110492
Registration Number 110492
Incorporation Date 16 July 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Parent Company Spandan Trexim Pvt Ltd
Compliance Status Active Compliant

CIN history

H N Merchants has one previous CIN (Corporate Identification Number): U51909WB2004PTC099141. The current CIN is U51909GJ2004PTC110492, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51909GJ2004PTC110492Current
U51909WB2004PTC099141Previous

Contact details

H N Merchants Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Flat No. – 904 9th Floor Ashirwad Palace – C B/H Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001
  • Industry
    Trading, Specialty, Wholesale

To see the full contact details of H N Merchants Private Limited, buy the company report.

Comprehensive company report
H N Merchants Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of H N Merchants is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of H N Merchants Private Limited, buy the company report.

Financials of H N Merchants Private Limited

FY 2025 filings available

H N Merchants Private Limited reported revenue of ₹7.34 Lakh for FY 2025.

Revenue · FY 2025
₹7.34 Lakh
Net profit · FY 2025
₹7,059 margin 1%
EBITDA · FY 2025
₹9,439 margin 1.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 2%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▲ 48%
3 years · compounded
▼ 13%
5 years · compounded
▲ 22%

Revenue has declined at a compounded annual rate (CAGR) of 17% over five years. EBITDA rose 48% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9,439
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7,059
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin1.3%
Net Profit Margin1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of H N Merchants Private Limited, buy the company report.

Board of directors of H N Merchants Private Limited

H N Merchants has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin MukeshDirector10 Jan 201511 Years 10 MonthsCurrent
AnkitDirector10 Jan 201511 Years 10 MonthsCurrent

Peer comparison

H N Merchants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Spa Investments Private Limited₹7.35 Lakh (FY 2024)306.0%Meerut, Uttar Pradesh, India
Ama Ceramics Private Limited₹7.35 Lakh (FY 2023)Anekal, Karnataka, India
Neonfit Fashion Private Limited₹7.35 Lakh (FY 2022)Delhi, India
Dental Aesthetics Private Limited₹7.35 Lakh (FY 2015)158.0%Mumbai, Maharashtra, India
Akoda Global Logistics Private Limited₹7.35 Lakh (FY 2025)183552.0%Jaipur, Rajasthan, India
H N Merchants Private Limitedthis company₹7.34 Lakh (FY 2025)₹7,0591%Surat, Gujarat, India
G T B Mercantile Private Limited₹7.34 Lakh (FY 2023)-12.0%New Delhi, Delhi, India
Axxella Medico Services Private Limited₹7.34 Lakh (FY 2019)Kolkata, West Bengal, India
Sarthi Commodities Private Limited₹7.34 Lakh (FY 2025)-19.0%New Delhi, Delhi, India
Likestyle India Private Limited₹7.34 Lakh (FY 2019)1398.0%Hyderabad, Telangana, India
Tejaswini Store World Wide Private Limited₹7.34 Lakh (FY 2025)-19.0%Noida, Uttar Pradesh, India

To see the full peer comparison of H N Merchants Private Limited, buy the company report.

Auditor

H N Merchants Private Limited is audited by ANJAN MONDAL for the financial year 2017.

Auditor firmFinancial yearFirm registration number
ANJAN MONDALFY 2017306324

Shareholding

The shareholding of H N Merchants Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of H N Merchants Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for H N Merchants 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 H N Merchants Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

H N Merchants Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Hans Kumar Agarwal ceased to be Director on 03 May 2018.

AGM
H N Merchants Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
H N Merchants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Hans Kumar Agarwal ceased to be Director.
Ceased
Binay Kumar Singh ceased to be Director.
Appointed
Ankit was appointed as Director.
Appointed
Nitin Mukesh was appointed as Director.
Ceased
Usha Devi Agarwal ceased to be Director.
Ceased
Nitu Singh ceased to be Director.
Incorporation
16 Jul 2004
H N Merchants Private Limited was registered on 16 Jul 2004 with Roc Ahmedabad & aged 22 years 4 months as per MCA records.

Frequently asked questions

H N Merchants is an active private limited company based in Surat, Gujarat, India. The company works in specialty, within the trading industry. It was incorporated on 16 July 2004 (22+ years old) and is registered under CIN U51909GJ2004PTC110492.

H N Merchants has 2 current directors:

The latest financial statements of H N Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of H N Merchants is U51909GJ2004PTC110492. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

H N Merchants was incorporated on 16 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of H N Merchants by revenue are Spa Investments Private Limited, Ama Ceramics Private Limited, Neonfit Fashion Private Limited, Dental Aesthetics Private Limited, Akoda Global Logistics Private Limited and 5 more, all in the same principal business activity (retail trading).

Hans Kumar Agarwal ceased to be Director on 03 May 2018. Binay Kumar Singh ceased to be Director on 23 Jul 2016. Ankit was appointed as Director on 10 Jan 2015. H N Merchants has 6 board changes on record in total.

The registered office of H N Merchants is at Flat No. – 904 9th Floor Ashirwad Palace – C BH Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.

H N Merchants operates in the trading industry, in the specialty segment.

The compliance status of H N Merchants is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.

H N Merchants can be reached at its registered office: Flat No. – 904 9th Floor Ashirwad Palace – C BH Jivkor Nagar Bhatar, Surat, Gujarat, India – 395001.