Jigar Mercantile Private Limited
About Jigar Mercantile Private Limited
Data last updated:
Jigar Mercantile Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 11 September 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC235595. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was led by directors Sandeep Narottam Lal Kedia and Pawan Kumar Garg.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Krishna Complex Building No. E – 5 Gala No. 4 & 5 Ground Floor Dapode Bhiwandi Thane – 4, 21302, Maharashtra, India – 421302.
As per the financials filed for FY 2016, the company reported a revenue of ₹228.93 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹8.85 Lakh (net margin 0%) and EBITDA of ₹12.88 Lakh (EBITDA margin 0.1%).
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressKrishna Complex Building No. E – 5 Gala No. 4 & 5 Ground Floor Dapode Bhiwandi Thane – 4, 21302, Maharashtra, India – 421302
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Jigar Mercantile Private Limited
The main business activity of Jigar Mercantile is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Jigar Mercantile Private Limited
Jigar Mercantile Private Limited is audited by ARPIT GUPTA & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARPIT GUPTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Jigar Mercantile Private Limited
Jigar Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Narottam Lal Kedia Also directs: Boho Procure Private Limited | Director | 12 Aug 2016 | 10 Years 1 Months | As last reported |
| Pawan Kumar Garg | Additional Director | 13 Jul 2016 | 10 Years 2 Months | As last reported |
Financials of Jigar Mercantile Private Limited FY 2016 filings available
Jigar Mercantile Private Limited reported revenue of ₹228.93 Cr (up 17% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Jigar Mercantile Private Limited
Revenue rose 17% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Jigar Mercantile Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹228.93 Cr | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹12.88 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹8.85 Lakh | •••• |
| 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 of Jigar Mercantile Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.1% | •••• |
| Net Profit Margin | 0% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jigar Mercantile are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Jigar Mercantile Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Jigar Mercantile Private Limited
Jigar Mercantile Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Jigar Mercantile Private Limited
Employment history and EPFO contributions of people linked to Jigar Mercantile.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Jigar Mercantile Private Limited
Jigar Mercantile has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Jigar Mercantile Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Jigar Mercantile Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Jigar Mercantile Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Jigar Mercantile Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Jigar Mercantile Private Limited
Frequently Asked Questions about Jigar Mercantile Private Limited
Jigar Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Jigar Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 11 September 2012 and is registered under CIN U51101MH2012PTC235595. The company has been struck off by the Registrar of Companies and is no longer operational.
Jigar Mercantile had 2 directors:
- Sandeep Narottam Lal Kedia - Director
- Pawan Kumar Garg - Additional Director
The CIN (Corporate Identification Number) of Jigar Mercantile is U51101MH2012PTC235595. 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 Jigar Mercantile is at Krishna Complex Building No. E – 5 Gala No. 4 & 5 Ground Floor Dapode Bhiwandi Thane – 4, 21302, Maharashtra, India – 421302.
Jigar Mercantile was incorporated on 11 September 2012. It is registered with the Registrar of Companies, Mumbai.
Jigar Mercantile reported revenue of ₹228.93 Cr for FY 2016 (up 17% YoY).
Jigar Mercantile has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh.
Jigar Mercantile reported a net profit of ₹8.85 Lakh (net margin 0%) and EBITDA of ₹12.88 Lakh (EBITDA margin 0.1%) for FY 2016, as per its filed financial statements.