About Mevarick Merchant Bankers Private Limited
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Mevarick Merchant Bankers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 02 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH2011PTC223575.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹5.95 Cr. It was formerly known as Jolly Realty Private Limited. It is led by directors Paarth Manish Ghia and Manish Lalitchandra Ghia.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.44 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹8.92 Lakh (net margin -41.6%) and EBITDA of ₹4.5 Lakh (EBITDA margin 21%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jollyboard.com.
CIN History of Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers has one previous CIN (Corporate Identification Number): U45400MH2011PTC223575. The current CIN is U66190MH2011PTC223575, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH2011PTC223575 | Current |
| U45400MH2011PTC223575 | Previous |
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- Registered Address4 Chandan Niwas 1st Floor, Mathuradas Visanji Road, Mumbai, Maharashtra, India – 400069
- IndustryInfrastructure and Utilities, General Infrastructure Services
- 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
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Financials of Mevarick Merchant Bankers Private Limited FY 2025 filings available
Mevarick Merchant Bankers Private Limited reported revenue of ₹21.44 Lakh (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mevarick Merchant Bankers Private Limited
Revenue fell 45% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 87% 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 of Mevarick Merchant Bankers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.92 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 Mevarick Merchant Bankers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -41.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Mevarick Merchant Bankers 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.
Board of Directors of Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Lalitchandra Ghia Also directs: M K B Agro Private Limited, Sca South Asia Petrochemicals Private Limited, MG Consulting Private Limited and 4 more | Additional Director | 01 Jan 2025 | 1 Years 9 Months | Current |
| Paarth Manish Ghia | Director | 01 Jan 2025 | 1 Years 9 Months | Current |
Peer Comparison of Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Infrastructure Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agra Smart City Limited | ₹21.83 Lakh (FY 2024) | •••• | •••• | 175.0% | •••• | Agra, Uttar Pradesh, India |
| JKS Empire Private Limited | ₹21.7 Lakh (FY 2025) | •••• | •••• | 236.0% | •••• | Kolkata, West Bengal, India |
| Vision Amaltas Mega Projects Private Limited | ₹21.65 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Bhopal, Madhya Pradesh, India |
| Ujala Share and Stock Broking Private Limited | ₹21.63 Lakh (FY 2025) | •••• | •••• | 236.0% | •••• | Ahmedabad, Gujarat, India |
| Tejendra Infrastructure Private Limited | ₹21.58 Lakh (FY 2024) | •••• | •••• | -86.0% | •••• | Ahmedabad, Gujarat, India |
| Mevarick Merchant Bankers Private Limited this company | ₹21.44 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Statco Infraprojects Private Limited | ₹21.43 Lakh (FY 2019) | •••• | •••• | -87.0% | •••• | Chennai, Tamil Nadu, India |
| Jalyan Infrastructures Private Limited | ₹21.29 Lakh (FY 2020) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| GMS Exports Private Limited | ₹21.2 Lakh (FY 2024) | •••• | •••• | 86.0% | •••• | New Delhi, Delhi, India |
| Landsky Engineering and Infrastructures Private Limited | ₹21.2 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Hyderabad, Telangana, India |
| Shree Siddhi Vinayak Infra Private Limited | ₹21.2 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mevarick Merchant Bankers by revenue in the Infrastructure industry (Infrastructure Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mevarick Merchant Bankers Private Limited
Employment history and EPFO contributions of people linked to Mevarick Merchant Bankers.
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.
Recent Activity on Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers Private Limited has 6 board changes on record since 2023: 2 appointments and 4 cessations. The latest: Paarth Manish Ghia ceased to be Additional Director on 30 Oct 2025.
Credit Ratings, Litigation & Regulatory Alerts for Mevarick Merchant Bankers 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 Mevarick Merchant Bankers 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
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Subsidiaries & Group Companies of Mevarick Merchant Bankers 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.
GST Compliance of Mevarick Merchant Bankers Private Limited
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.
MCA Filings & Documents of Mevarick Merchant Bankers 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.
Frequently Asked Questions about Mevarick Merchant Bankers Private Limited
Mevarick Merchant Bankers is an active private limited company based in Mumbai, Maharashtra, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 02 November 2011 (15+ years old) and is registered under CIN U66190MH2011PTC223575.
Mevarick Merchant Bankers reported revenue of ₹21.44 Lakh for FY 2024 (down 45% YoY).
Mevarick Merchant Bankers has 2 current directors:
- Manish Lalitchandra Ghia - Additional Director
- Paarth Manish Ghia - Director
Mevarick Merchant Bankers reported a net loss of ₹8.92 Lakh (net margin -41.6%) and EBITDA of ₹4.5 Lakh (EBITDA margin 21%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mevarick Merchant Bankers is 8% over three years and 15% over five years. In the latest year (FY 2024) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Mevarick Merchant Bankers is U66190MH2011PTC223575. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mevarick Merchant Bankers was incorporated on 02 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mevarick Merchant Bankers by revenue are Agra Smart City Limited, JKS Empire Private Limited, Vision Amaltas Mega Projects Private Limited, Ujala Share and Stock Broking Private Limited, Tejendra Infrastructure Private Limited and 5 more, all in the Infrastructure industry (Infrastructure Services).
Paarth Manish Ghia ceased to be Additional Director on 30 Oct 2025. Arjun Arvind Jolly ceased to be Additional Director on 01 Jan 2025. Manish Lalitchandra Ghia was appointed as Additional Director on 01 Jan 2025. Mevarick Merchant Bankers has 6 board changes on record in total.
Mevarick Merchant Bankers can be reached through the website jollyboard.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mevarick Merchant Bankers is at 4 Chandan Niwas 1st Floor, Mathuradas Visanji Road, Mumbai, Maharashtra, India – 400069.