Jeet Mercantile Private Limited
About Jeet Mercantile Private Limited
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Jeet Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 28 April 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2010PTC202502.
The company had an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.63 Lakh. It was led by directors Jasjit Daljit Singh and Ajit Daljit Singh.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 1001 Dalamal House Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2018, the company reported a revenue of ₹285.62 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹27.75 Cr (net margin 9.7%) and EBITDA of ₹44.28 Cr (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 175% over three years.
Its group structure included 2 subsidiaries.
Company details
Contact details
Jeet Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1001 Dalamal House Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Jeet 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
Business activity
The main business activity of Jeet Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Jeet Mercantile Private Limited
FY 2018 filings availableJeet Mercantile Private Limited reported revenue of ₹285.62 Cr (up 5% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 175% over three years, including 5% growth in the latest year. EBITDA fell 25% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | ₹44.28 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27.75 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Inventories | ||||
| Trade Receivables | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 15.5% | |||
| Net Profit Margin | 9.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
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| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Jeet Mercantile Private Limited, buy the company report.
Board of directors of Jeet Mercantile Private Limited
Jeet Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jasjit Daljit Singh | Director | 14 May 2010 | 16 Years 5 Months | As last reported |
| Ajit Daljit Singh | Director | 14 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Jeet Mercantile Private Limited is audited by Ashok D. Hemmady for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashok D. Hemmady | FY 2015 |
Shareholding
The shareholding of Jeet 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 Jeet Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Jeet 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 Jeet Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Jeet Mercantile has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Acg Pam Pharma Technologies Private Limited | U24239MH1972PTC015632 | |
| Ae Advisors Private Limited | U74140MH2010PTC203113 |
To see the full group structure of Jeet Mercantile Private Limited, buy the company report.
GST
No GST registration is on our record for Jeet Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Jeet Mercantile Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Indira Damodar Agarwal ceased to be Director on 02 Jun 2010.
Frequently asked questions
Jeet Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Jeet Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 28 April 2010 and is registered under CIN U51909MH2010PTC202502. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Jeet Mercantile was incorporated on 28 April 2010. It is registered with the Registrar of Companies, Mumbai.
Jeet Mercantile had 2 directors:
- Jasjit Daljit Singh - Director
- Ajit Daljit Singh - Director
The CIN (Corporate Identification Number) of Jeet Mercantile is U51909MH2010PTC202502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Jeet Mercantile is at 1001 Dalamal House Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Jeet Mercantile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
Jeet Mercantile operated in the financial services industry, in the brokerage and trading services segment.
Indira Damodar Agarwal ceased to be Director on 02 Jun 2010. Pawankumar Ramkumar Dubey ceased to be Director on 02 Jun 2010. Ajit Daljit Singh was appointed as Director on 14 May 2010. Jeet Mercantile has 4 board changes on record in total.
The compliance status of Jeet Mercantile is compliant as of 27 August 2026.
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