Hazel Mercantile Limited - Company Profile

Q: Who are the current directors of Hazel Mercantile Limited?

The current directors of Hazel Mercantile Limited are Yesha Bhupendra Hemani, Nitinkumar Dindayal Didwania, Kunal Sharma, Sweta Vinay Fernandes, Dhiraj Ravindra Palav.

It is a chemicals and materials public limited company based in Mumbai, Maharashtra, India, established in 1995.

1995 Mumbai, Maharashtra, India Active

Last Updated: December 23, 2025

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About Hazel Mercantile Limited

Hazel Mercantile Limited, a active public limited company, was established on 16 October 1995 in Mumbai, Maharashtra, India. Engaging in chemical distribution & retail within the trade sector, it holds CIN: U51900MH1995PLC093674. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹50.10 Cr and a paid-up capital of ₹32.51 Cr.

Formerly known as Hazel Mercantile Private Limited. It upholds a compliant status. Employing 26 professional, Its leadership includes Yesha Bhupendra Hemani (Additional Director), Nitinkumar Dindayal Didwania (Managing Director), Kunal Sharma (Director). Past directors included Ajay Sampatraj Jain, Viren Sanjay Agarwal, Minesh Chandrakant Shah. It holds ₹1,080.00 Cr open charges and ₹708.89 Cr settled loans. Its latest AGM occurred on 30 December 2024, with the balance sheet filed on 31 March 2024. It is based at 181 Ahoka Shopping Centre, 2Nd Floor, G T Hospital Complex, L.T. Road, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U51900MH1995PLC093674
Registration Number
093674
Incorporation Date
16 October 1995
Authorized Capital
₹50.10 Cr
Paid-Up Capital
₹32.51 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.10 Cr as on 23-12-2025
Paid Up Capital ₹ 32.51 Cr as on 23-12-2025
Company Age 30 Year, 3 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 1,080.00 Cr as on 23-12-2025
Satisfied Charges ₹ 708.89 Cr as on 23-12-2025
Revenue Growth **** 1.76% (FY 2023)
Profit Growth **** 6.33% (FY 2023)
Ebitda **** 78.31% (FY 2023)
Net Worth 3.88% (FY 2023)
Total Assets **** 7.45% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Hazel Mercantile Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Hazel Mercantile Limited?

Current Directors

Name	Designation	Appointment Date	Status
Yesha Bhupendra Hemani	Additional Director	13 Dec 2024	Current
Nitinkumar Dindayal Didwania	Managing Director	01 Apr 1997	Current
Kunal Sharma	Director	07 Sep 2022	Current
Dhiraj Ravindra Palav	Additional Director	05 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	06 Nov 2017	Past
Pramod Abcsdd	Director	22 Dec 2015	Past
Pramod Abcsdd	Additional Director	08 Dec 2021	Past
Pramod Abcsdd	Director	02 Jan 2015	Past
Pramod Abcsdd	Additional Director	14 Mar 2023	Past
Pramod Abcsdd	Additional Director	29 Sep 2017	Past

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Financial Performance of Hazel Mercantile.

Hazel Mercantile Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.76% increase. The company also saw a slight improvement in profitability, with a 6.33% increase in profit. The company's net worth moved up by a moderate rise of 3.88%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

1.76%

*******

Revenue from Operations

*******

1.95%

*******

Total Assets

*******

7.45%

*******

Profit or Loss

*******

6.33%

*******

Net Worth

*******

3.88%

*******

EBITDA

*******

78.31%

*******

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What is the Ownership and Shareholding Structure of Hazel Mercantile?

In 2023, Hazel Mercantile had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹10,800,000,000.00

Satisfied Charges

₹7,088,900,000.00

Charges Breakdown by Lending Institutions

Punjab National Bank (Lead Bank) : 1080.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
21 Oct 2004	Punjab National Bank (Lead Bank)	₹1,080.00 Cr	Open
31 May 2021	State Bank Of India	₹2.50 Cr	Satisfied
27 May 2021	Others	₹5.00 Cr	Satisfied
18 Aug 2020	State Bank Of India	₹2.50 Cr	Satisfied
14 Aug 2020	Others	₹2.50 Cr	Satisfied

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How Many Employees Work at Hazel Mercantile?

Hazel Mercantile has a workforce of 26 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Hazel Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Hazel Mercantile's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Hazel Mercantile

Recent Activity within the Organization

Charges

A charge registered on 14 Aug 2020 via Charge ID 100437368 with Others was fully satisfied on 19 Nov 2025. was recorded as a recent event.
19 Nov 2025
Director Appointment

Progress on Dhiraj Ravindra Palav was appointed as a Additional Director was appointed as a Additional Director on 05 Mar 2025 & has been associated with this company since 11 months 8 days . was documented.
05 Mar 2025
Annual General Meeting

The activity Hazel Mercantile Limited last Annual general meeting of members was held on 30 Dec 2024 as per latest MCA records. was completed.
30 Dec 2024
Director Appointment

The activity Yesha Bhupendra Hemani was appointed as a Additional Director was appointed as a Additional Director on 13 Dec 2024 & has been associated with this company since 1 year 2 months . was completed.
13 Dec 2024
Balance Sheet

Progress on Hazel Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.
31 Mar 2024
Charges

A charge registered on 27 May 2021 via Charge ID 100452693 with Others was fully satisfied on 20 Sep 2023. was recorded as a recent event.
20 Sep 2023

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