About Helios Mercantile Limited
Data last updated:
Helios Mercantile Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Svp Textiles Ventures Private Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52399MH2010PLC201977. Its GSTIN is 27AACCH3797G1ZB (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.68 Cr. It was formerly known as Helios Mercantile Private Limited. It is led by directors including Gopal Lohia and Praveen Shelley.
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 99 Maker Tower 'F' Cuffe Parade, Mumbai, Maharashtra, India – 400005.
As per MCA filings, the company has satisfied charges of ₹48 Cr on record. Court records list 30 cases involving the company, including 1 filed by the company and 29 filed against it; 14 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 pittie.com.
Company details
CIN history
Helios Mercantile has one previous CIN (Corporate Identification Number): U52399MH2010PTC201977. The current CIN is U52399MH2010PLC201977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52399MH2010PLC201977 | Current |
| U52399MH2010PTC201977 | Previous |
Contact details
Helios Mercantile Limited's registered office is in Mumbai, Maharashtra. Its website is pittie.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address99 Maker Tower 'F' Cuffe Parade, Mumbai, Maharashtra, India – 400005
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Helios Mercantile 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
Financials of Helios Mercantile Limited
FY 2025 filings availableFinancial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of Helios Mercantile Limited, buy the company report.
Board of directors of Helios Mercantile Limited
Helios Mercantile has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Pittie | Additional Director | 30 Nov 2024 | 1 Years 10 Months | Current |
| Gopal Lohia Also directs: SVP Global Textiles Limited, Citron Infraprojects Limited, Agosta Enterprises Private Limited and 5 more | Director | 12 May 2022 | 4 Years 5 Months | Current |
| Praveen Shelley Also directs: SVP Global Textiles Limited, Citron Infraprojects Limited, SV Pittie Industries Private Limited and 5 more | Director | 04 Oct 2013 | 13 Years 0 Months | Current |
Auditor
Helios Mercantile Limited is audited by K S P M & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S P M & ASSOCIATES | FY 2021 | 104723W |
Shareholding
The shareholding of Helios Mercantile Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Helios Mercantile Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2011 | 10329826 | Indian Overseas Bank | ₹48 Cr | Satisfied |
To see the full charge records of Helios Mercantile Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Helios Mercantile Limited has 30 court cases on record: 1 filed by Helios Mercantile, 29 filed against it. 14 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 28 | 14 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by PR. Commissioner of Income Tax Central 4 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 4 | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax Central 4 | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income-Tax Central Circle 7( and 6 others | Disposed |
To see the full case history of Helios Mercantile 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.
Credit ratings & regulatory alerts
Helios Mercantile Limited was last rated by Care on 05 Apr 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2018 |
To see the full credit ratings and regulatory alerts of Helios Mercantile Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Helios Mercantile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Helios Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH3797G1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Helios Mercantile Limited, buy the company report.
Recent activity
Helios Mercantile Limited has 15 board changes on record since 2011: 3 appointments and 12 cessations. The latest: Ashok Kumar Pittie was appointed as Additional Director on 30 Nov 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Helios Mercantile is an active public limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 April 2010 (16+ years old) and is registered under CIN U52399MH2010PLC201977.
Helios Mercantile has 3 current directors:
- Ashok Kumar Pittie - Additional Director
- Gopal Lohia - Director
- Praveen Shelley - Director
The latest financial statements of Helios Mercantile 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 GSTIN of Helios Mercantile is 27AACCH3797G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Helios Mercantile is U52399MH2010PLC201977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Helios Mercantile has 30 court cases on record: 1 filed by the company and 29 filed against it. 14 are pending. Most are in the high courts.
Helios Mercantile was incorporated on 13 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Kumar Pittie was appointed as Additional Director on 30 Nov 2024. Gopal Lohia ceased to be Director on 28 Sep 2022. Gopal Lohia was appointed as Director on 12 May 2022. Helios Mercantile has 15 board changes on record in total.
Helios Mercantile can be reached through the website pittie.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Helios Mercantile is at 99 Maker Tower F Cuffe Parade, Mumbai, Maharashtra, India – 400005.