
About Hindon Mercantile Private Limited
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Hindon Mercantile Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 27 December 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51101DL1984PTC345718.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.89 Cr. It was formerly known as Hindon Mercantile Limited. It is led by directors Padam Duggar and Rajesh Jain.
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 3/14 A First Floor Vijay Nagar Double Storey, New Delhi, Delhi, India – 110009.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 0.6%) and EBITDA of ₹7.15 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 63% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is 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 hindonmercantile.com.
Company details
CIN history
Hindon Mercantile has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51101DL1984PTC345718, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51101DL1984PTC345718 | Current |
| L51101PB1984PLC006077 | Previous |
| U51101DL1984PLC345718 | Previous |
| U51101PB1984PLC006077 | Previous |
Contact details
Hindon Mercantile Private Limited's registered office is in New Delhi, Delhi. Its website is hindonmercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/14 A First Floor Vijay Nagar Double Storey, New Delhi, Delhi, India – 110009
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Hindon Mercantile 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
Financials of Hindon Mercantile Private Limited
FY 2024 filings availableHindon Mercantile Private Limited reported revenue of ₹2.24 Cr (up 398% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 398% growth in the latest year. EBITDA fell 28% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.24 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Hindon Mercantile Private Limited, buy the company report.
Board of directors of Hindon Mercantile Private Limited
Hindon Mercantile has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Padam Duggar Also directs: Karpo Real Estate Private Limited | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
| Rajesh Jain Also directs: Karpo Real Estate Private Limited, Mbi Intercorp Limited, Madonis Vyapar Pvt.Ltd. and 5 more | Director | 13 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Hindon Mercantile Private Limited is audited by DEVI DAYAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEVI DAYAL & ASSOCIATES | FY 2023 | 003910N |
Shareholding
The shareholding of Hindon 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hindon Mercantile Private Limited, buy the company report.
Legal cases
Hindon Mercantile Private Limited has 2 court cases on record: 1 filed by Hindon Mercantile, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Glitz Enterprises Private Limited | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Hindon 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 Hindon Mercantile 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 Hindon Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hindon Mercantile Private Limited has 9 board changes on record since 2007: 2 appointments and 7 cessations. The latest: Kamal Jain Dugar ceased to be Director on 03 Aug 2021.
Frequently asked questions
Hindon Mercantile is an active private limited company based in New Delhi, Delhi, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 27 December 1984 (42+ years old) and is registered under CIN U51101DL1984PTC345718.
Hindon Mercantile has 2 current directors:
- Padam Duggar - Director
- Rajesh Jain - Director
The latest financial statements of Hindon Mercantile 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 CIN (Corporate Identification Number) of Hindon Mercantile is U51101DL1984PTC345718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hindon Mercantile has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Hindon Mercantile was incorporated on 27 December 1984, making it 42+ years old. It is registered with the Registrar of Companies, Delhi.
Kamal Jain Dugar ceased to be Director on 03 Aug 2021. Padam Duggar ceased to be Additional Director on 30 Sep 2014. Rajesh Jain ceased to be Additional Director on 30 Sep 2014. Hindon Mercantile has 9 board changes on record in total.
Hindon Mercantile can be reached through the website hindonmercantile.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Hindon Mercantile is at 314 A First Floor Vijay Nagar Double Storey, New Delhi, Delhi, India – 110009.
Hindon Mercantile operates in the financial services industry, in the brokerage and trading services segment.

