Idika Mercantile Private Limited
About Idika Mercantile Private Limited
Data last updated:
Idika Mercantile Private Limited is a private limited company based in Bhayander, Maharashtra, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 28 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC189934.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kishor Gopal Patil and Amit Kumar Balmiki.
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 3 Rajyog Apartments Dev Chand Nagar 60 Feet Road, Bhayander, Maharashtra, India – 421101.
As per the financials filed for FY 2025, the company reported a revenue of ₹36,750, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹1,690 (net margin -4.6%) and EBITDA of -₹1,690 (EBITDA margin -4.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Idika Mercantile Private Limited's registered office is in Bhayander, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address3 Rajyog Apartments Dev Chand Nagar 60 Feet Road, Bhayander, Maharashtra, India – 421101
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Idika 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 Idika Mercantile Private Limited
FY 2025 filings availableIdika Mercantile Private Limited reported revenue of ₹36,750 (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 397% 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 |
|---|---|---|---|---|---|
| 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 | -₹1,690 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1,690 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.6% | ||||
| Net Profit Margin | -4.6% | ||||
| 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 Idika Mercantile Private Limited, buy the company report.
Board of directors of Idika Mercantile Private Limited
Idika Mercantile has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Balmiki Also directs: Bhadrawati Steel & Urja Limited, Broyhills Furnitures Limited, Buildwell Properties Private Limited and 5 more | Additional Director | 15 Apr 2019 | 7 Years 6 Months | Current |
| Kishor Gopal Patil Also directs: Vishvjyoti Trading Ltd, Bhadrawati Steel & Urja Limited, Broyhills Furnitures Limited and 5 more | Director | 26 Dec 2018 | 7 Years 10 Months | Current |
Auditor
Idika Mercantile Private Limited is audited by Gora Chand Mukhopadhyay for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gora Chand Mukhopadhyay | FY 2017 | 017630 |
Shareholding
The shareholding of Idika Mercantile 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 category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Idika Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Idika Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Idika 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 Idika Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Idika Mercantile Private Limited has 12 board changes on record since 2010: 2 appointments and 10 cessations. The latest: Amit Kumar Balmiki was appointed as Additional Director on 15 Apr 2019.
3 earlier events are in the company report.
Frequently asked questions
Idika Mercantile is an active private limited company based in Bhayander, Maharashtra, India. The company works in advisory, within the financial services industry. It was incorporated on 28 January 2009 (17+ years old) and is registered under CIN U51109MH2009PTC189934.
Idika Mercantile has 2 current directors:
- Amit Kumar Balmiki - Additional Director
- Kishor Gopal Patil - Director
The latest financial statements of Idika 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 CIN (Corporate Identification Number) of Idika Mercantile is U51109MH2009PTC189934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idika Mercantile was incorporated on 28 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Amit Kumar Balmiki was appointed as Additional Director on 15 Apr 2019. Narendra ceased to be Director on 15 Apr 2019. Nilesh Chottalal Shah ceased to be Additional Director on 15 Apr 2019. Idika Mercantile has 12 board changes on record in total.
The registered office of Idika Mercantile is at 3 Rajyog Apartments Dev Chand Nagar 60 Feet Road, Bhayander, Maharashtra, India – 421101.
Idika Mercantile operates in the financial services industry, in the advisory segment.
The compliance status of Idika Mercantile is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Idika Mercantile can be reached at its registered office: 3 Rajyog Apartments Dev Chand Nagar 60 Feet Road, Bhayander, Maharashtra, India – 421101.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
