MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-20-0015946
H.G. Mercantile Private Limited
H.G. Mercantile Private Limited - real estate and construction in Gwalior, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.24 Cr
▲ 20% YoY
Net profit · FY 2025
₹34.45 Lakh
Net margin 3.7%
EBITDA · FY 2025
₹1.91 Cr
EBITDA margin 20.7%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Open charges
₹9.95 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About H.G. Mercantile Private Limited
Data last updated:
H.G. Mercantile Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U45100MP2006PTC018694. Its GSTIN is 23AABCH7489Q1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors Dhiraj Prakash Agrawal and Ashish Agarwal.
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 Govind Bagh Gandhi Road Morar, Gwalior, Madhya Pradesh, India – 474011.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.24 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹34.45 Lakh (net margin 3.7%) and EBITDA of ₹1.91 Cr (EBITDA margin 20.7%). Revenue has grown at a compounded annual rate (CAGR) of 269% over three years.
As per MCA filings, the company has open charges of ₹9.95 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
H.G. Mercantile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-20-0015946). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45100MP2006PTC018694
Registration Number 018694
Incorporation Date 13 June 2006
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-20-0015946
CIN history
H.G. Mercantile has one previous CIN (Corporate Identification Number): U50500MP2006PTC018694. The current CIN is U45100MP2006PTC018694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MP2006PTC018694 | Current |
| U50500MP2006PTC018694 | Previous |
Recognitions & Rankings of H.G. Mercantile
Contact details
H.G. Mercantile Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGovind Bagh Gandhi Road Morar, Gwalior, Madhya Pradesh, India – 474011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of H.G. Mercantile Private Limited, buy the company report.
Comprehensive company report
H.G. Mercantile 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of H.G. Mercantile is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of H.G. Mercantile Private Limited, buy the company report.
Financials of H.G. Mercantile Private Limited
FY 2025 filings availableH.G. Mercantile Private Limited reported revenue of ₹9.24 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹9.24 Cr ▲ 20%
Net profit · FY 2025
₹34.45 Lakh margin 3.7%
EBITDA · FY 2025
₹1.91 Cr margin 20.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 269%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 158%
5 years · compounded
▲ 348%
Revenue has grown at a compounded annual rate (CAGR) of 269% over three years, including 20% growth in the latest year. EBITDA rose 5% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹34.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.7% | ||||
| Net Profit Margin | 3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of H.G. Mercantile Private Limited, buy the company report.
Board of directors of H.G. Mercantile Private Limited
H.G. Mercantile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhiraj Prakash Agrawal Also directs: Vidhyabhushan Housing LLP, Blooms Bioceuticals Private Limited, H.G. Infratech Private Limited and 1 more | Director | 13 Jun 2006 | 20 Years 4 Months | Current |
| Ashish Agarwal Also directs: Vidhyabhushan Housing LLP, Blooms Bioceuticals Private Limited, H.G. Infratech Private Limited and 4 more | Director | 13 Jun 2006 | 20 Years 4 Months | Current |
Peer comparison
H.G. Mercantile Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Promont Hilltop Private Limited | ₹9.25 Cr (FY 2025) | -61.0% | Mumbai, Maharashtra, India | |||
| Sriram Infra & Trading Private Limited | ₹9.24 Cr (FY 2025) | 132.0% | Bhubaneswar, Odisha, India | |||
| H.G. Mercantile Private Limitedthis company | ₹9.24 Cr (FY 2025) | ₹34.45 Lakh | 3.7% | 20.0% | Gwalior, Madhya Pradesh, India | |
| Arya Homes Private Limited | ₹9.23 Cr (FY 2024) | -14.0% | Ranchi, Jharkhand, India |
To see the full peer comparison of H.G. Mercantile Private Limited, buy the company report.
Auditor
H.G. Mercantile Private Limited is audited by DAGA ARUN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAGA ARUN & CO. | FY 2023 | 006581C |
Shareholding
The shareholding of H.G. Mercantile 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 H.G. Mercantile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.95 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Feb 2022 | 100540517 | Others | ₹9.95 Cr | Open |
Total charge records: 1 View all charges
Legal cases
H.G. Mercantile Private Limited has 6 court cases on record: 5 filed by H.G. Mercantile, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed against the company by individuals | Disposed |
| District court, Gwalior, Madhya Pradesh | Court case (RCS A) | Filed by the company against individuals | Disposed |
To see the full case history of H.G. Mercantile 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 H.G. Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
H.G. Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCH7489Q1ZU | Madhya Pradesh | Active | 17 Jan 2022 |
To see the full GST registrations and return filing status of H.G. Mercantile Private Limited, buy the company report.
Recent activity
H.G. Mercantile Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Ashish Agarwal was appointed as Director on 13 Jun 2006.
AGM
H.G. Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
H.G. Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100540517 was registered on 03 Feb 2022.
Appointed
Ashish Agarwal was appointed as Director.
Appointed
Dhiraj Prakash Agrawal was appointed as Director.
Incorporation
13 Jun 2006
H.G. Mercantile Private Limited was registered on 13 Jun 2006 with Roc Gwalior & aged 20 years 4 months as per MCA records.
Frequently asked questions
H.G. Mercantile is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 June 2006 (20+ years old) and is registered under CIN U45100MP2006PTC018694.
H.G. Mercantile has 2 current directors:
- Dhiraj Prakash Agrawal - Director
- Ashish Agarwal - Director
The latest financial statements of H.G. 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 H.G. Mercantile is 23AABCH7489Q1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of H.G. Mercantile is U45100MP2006PTC018694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
H.G. Mercantile has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
H.G. Mercantile was incorporated on 13 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of H.G. Mercantile by revenue are Promont Hilltop Private Limited, Sriram Infra & Trading Private Limited, Arya Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ashish Agarwal was appointed as Director on 13 Jun 2006. Dhiraj Prakash Agrawal was appointed as Director on 13 Jun 2006.
Yes, H.G. Mercantile is registered as a small enterprise under Udyam registration (number: UDYAM-MP-20-0015946).
The registered office of H.G. Mercantile is at Govind Bagh Gandhi Road Morar, Gwalior, Madhya Pradesh, India – 474011.