- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-06-0007920

About Ims Mercantiles Limited
Data last updated:
Ims Mercantiles Limited is a public limited company based in Delhi, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 26 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51395DL2003PLC121932. Its GSTIN is 07AABCI1382D1ZY (Delhi). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹22.5 Cr and a paid-up capital of ₹15.75 Cr. It is led by directors including Amit Kumar Saraff (Managing Director) and Deepak Saraf (Whole-Time Director).
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 704 7th Floor Ring Road Mall Sector – 3 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2025, the company reported a revenue of ₹220.09 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹13.93 Cr (net margin 6.3%) and EBITDA of ₹21.99 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 23% over five years.
The company has about 121 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: IMS Mercantiles. As per MCA filings, the company has open charges of ₹36.62 Cr and satisfied charges of ₹35.82 Cr on record. Court records list 24 cases involving the company, including 19 filed by the company and 5 filed against it; 7 cases are pending.
Ims Mercantiles Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0007920). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website imsmercantiles.in.
Company details
CIN history
Ims Mercantiles has one previous CIN (Corporate Identification Number): U51395DL2003PTC121932. The current CIN is U51395DL2003PLC121932, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51395DL2003PLC121932 | Current |
| U51395DL2003PTC121932 | Previous |
Recognitions & Rankings of Ims Mercantiles
Contact details
Ims Mercantiles Limited's registered office is in Delhi, Delhi.
- Social Media
- Registered Address704 7th Floor Ring Road Mall Sector – 3 Rohini, Delhi, India – 110085
- IndustryTrading, Wholesale, Other Wholesale
- 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
Brands
Ims Mercantiles operates one associated brand: IMS Mercantiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells camera accessories, mobile gadgets, and photography tools online. | digitek.net.in |
Business activity
The main business activity of Ims Mercantiles is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Ims Mercantiles Limited, buy the company report.
Financials of Ims Mercantiles Limited
FY 2025 filings availableIms Mercantiles Limited reported revenue of ₹220.09 Cr (up 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 24% growth in the latest year. EBITDA rose 32% 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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| EBITDA | ₹21.99 Cr | ||||
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| Net Profit (PAT) | ₹13.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Ims Mercantiles Limited, buy the company report.
Board of directors of Ims Mercantiles Limited
Ims Mercantiles has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankush Kumar Chokhani Also directs: Dorato Portfolio Private Limited | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Shalu Saraf Also directs: Saraff Tenets LLP | Director | 20 Jul 2024 | 2 Years 3 Months | Current |
| Ankit Saraf Also directs: Saraff Tenets LLP | Director | 12 Jun 2013 | 13 Years 4 Months | Current |
| Deepak Saraf Also directs: Saraff Tenets LLP | Whole-Time Director | 26 Jun 2006 | 20 Years 4 Months | Current |
| Ankit Chamoli Also directs: R S A C & Co LLP | Director | 22 Jul 2024 | 2 Years 3 Months | Current |
| Amit Kumar Saraff | Managing Director | 26 Aug 2003 | 23 Years 2 Months | Current |
Peer comparison
Ims Mercantiles Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Novatek Electroengineers Private Limited | ₹224.57 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Intouch Mobicare Private Limited | ₹223.72 Cr (FY 2025) | 62.0% | New Delhi, Delhi, India | |||
| Ims Mercantiles Limitedthis company | ₹220.09 Cr (FY 2025) | ₹13.93 Cr | 6.3% | 24.0% | Delhi, India | |
| Lipika Tech Private Limited | ₹219.17 Cr (FY 2025) | -20.0% | Sikar, Rajasthan, India | |||
| Cona Electricals Private Limited | ₹218.49 Cr (FY 2024) | 183.0% | Mumbai, Maharashtra, India | |||
| Inone Smart Technology (India) Private Limited | ₹217.87 Cr (FY 2023) | -9.0% | New Delhi, Delhi, India | |||
| Argo Trading India Private Limited | ₹216.41 Cr (FY 2025) | 175.0% | Delhi, India |
To see the full peer comparison of Ims Mercantiles Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jan 2025 | 101034441 | Hdfc Bank Limited | ₹75 Lakh | Open | |
| 20 Mar 2024 | 100924407 | Hdfc Bank Limited | ₹6 Lakh | Open | |
| 22 Feb 2024 | 100889513 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 28 Jul 2022 | 100604545 | Others | ₹52.5 Lakh | Open | |
| 17 Feb 2015 | 10559628 | Hdfc Bank Limited | ₹35.15 Cr | Open |
To see the full charge records of Ims Mercantiles Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Ims Mercantiles Limited has 24 court cases on record: 19 filed by Ims Mercantiles, 5 filed against it. 7 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 5 | 5 |
| High courts | 6 | 0 | 2 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Criminal case | Filed by the company against M/S Kohli Tele World P Ltd | Disposed |
| District court, North, Delhi | Criminal case | Filed by the company against MC Raygor Mechanicals Pvt Ltd | Disposed |
| High Court of Delhi | Commercial suit | Filed by the company against an individual | Pending |
| District court, Chandigarh | Civil miscellaneous application | Filed against the company | Pending |
| District court, North West, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
To see the full case history of Ims Mercantiles 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
Ims Mercantiles Limited was last rated by Crisil on 13 Nov 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Nov 2019 |
To see the full credit ratings and regulatory alerts of Ims Mercantiles Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ims Mercantiles Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ims Mercantiles has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI1382D1ZY | Delhi | Active | 01 Jul 2017 |
| 19AABCI1382D1ZT | West Bengal | Active | 01 Jul 2017 |
| 27AABCI1382D2ZV | Maharashtra | Active | 05 Apr 2019 |
To see the full GST registrations and return filing status of Ims Mercantiles Limited, buy the company report.
Recent activity
Ims Mercantiles Limited has 14 board changes on record since 2003: 6 appointments and 8 cessations. The latest: Amit Kumar Saraff ceased to be Director on 15 Aug 2024.
23 earlier events are in the company report.
News
Frequently asked questions
Ims Mercantiles is an active public limited company based in Delhi, India. The company works in wholesale, within the trading industry. It was incorporated on 26 August 2003 (23+ years old) and is registered under CIN U51395DL2003PLC121932.
Ims Mercantiles has 6 current directors:
- Amit Kumar Saraff - Managing Director
- Deepak Saraf - Whole-Time Director
- Ankush Kumar Chokhani - Director
- Shalu Saraf - Director
- Ankit Saraf - Director
- Ankit Chamoli - Director
The latest financial statements of Ims Mercantiles 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 Ims Mercantiles is 07AABCI1382D1ZY, registered in Delhi. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 19AABCI1382D1ZT (West Bengal), 27AABCI1382D2ZV (Maharashtra).
The CIN (Corporate Identification Number) of Ims Mercantiles is U51395DL2003PLC121932. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ims Mercantiles has 24 court cases on record: 19 filed by the company and 5 filed against it. 7 are pending. Most are in the district courts.
Ims Mercantiles was incorporated on 26 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ims Mercantiles by revenue are Novatek Electroengineers Private Limited, Intouch Mobicare Private Limited, Lipika Tech Private Limited, Cona Electricals Private Limited, Inone Smart Technology (India) Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Amit Kumar Saraff ceased to be Director on 15 Aug 2024. Ankit Chamoli ceased to be Additional Director on 15 Aug 2024. Ankit Saraf ceased to be Director on 15 Aug 2024. Ims Mercantiles has 14 board changes on record in total.
Yes, Ims Mercantiles is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0007920).
Ims Mercantiles can be reached through the website imsmercantiles.in. Its registered office is in Delhi, India.