Khetlya Mercantile Private Limited
About Khetlya Mercantile Private Limited
Data last updated:
Khetlya Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 01 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC085988. Its GSTIN is 27AAACK4102C1Z9 (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹8.55 Lakh. It is led by directors including Vaishali Bhavesh Shah and Mayank Shobhagchand Varia.
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 4 Hem Building N. S. Road No.5 Jvpd Scheme Vile Parle, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.37 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹65.25 Lakh and EBITDA of -₹65.25 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹2.7 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Khetlya 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 Address4 Hem Building N. S. Road No.5 Jvpd Scheme Vile Parle, Mumbai, Maharashtra, India – 400092
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Khetlya 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 Khetlya Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of Khetlya Mercantile Private Limited, buy the company report.
Financials of Khetlya Mercantile Private Limited
FY 2025 filings availableKhetlya Mercantile Private Limited reported revenue of ₹4.37 Lakh (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. 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 | -₹65.25 Lakh | ||||
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| Net Profit (PAT) | -₹65.25 Lakh | ||||
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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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To see the full financial statements and ratios of Khetlya Mercantile Private Limited, buy the company report.
Board of directors of Khetlya Mercantile Private Limited
Khetlya Mercantile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaishali Bhavesh Shah | Director | 25 Mar 2011 | 15 Years 7 Months | Current |
| Mayank Shobhagchand Varia Also directs: Flyman Infra LLP, Texas Laboratories Private Limited, Vitrag Realetors Private Limited and 2 more | Director | 01 Jan 2017 | 9 Years 10 Months | Current |
| Bhavesh Himatlal Shah Also directs: Medida Infra Projects Private Limited | Director | 01 Mar 1995 | 31 Years 8 Months | Current |
Auditor
Khetlya Mercantile Private Limited is audited by S.M. Bhat & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2019 | 131347W |
Shareholding
The shareholding of Khetlya Mercantile Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Khetlya Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2017 | 100106270 | Others | ₹2.7 Cr | Open |
To see the full charge records of Khetlya Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Khetlya Mercantile Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by HDFC Bank Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (EXA) | Filed against the company by HDFC Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by HDFC Bank Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Bank of India | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Punjab Sind Bank | Disposed |
To see the full case history of Khetlya Mercantile Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Khetlya Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khetlya Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK4102C1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khetlya Mercantile Private Limited, buy the company report.
Recent activity
Khetlya Mercantile Private Limited has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Mayank Shobhagchand Varia ceased to be Director on 10 Mar 2017.
Frequently asked questions
Khetlya Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 01 March 1995 (31+ years old) and is registered under CIN U67120MH1995PTC085988.
Khetlya Mercantile has 3 current directors:
- Vaishali Bhavesh Shah - Director
- Mayank Shobhagchand Varia - Director
- Bhavesh Himatlal Shah - Director
The latest financial statements of Khetlya 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 GSTIN of Khetlya Mercantile is 27AAACK4102C1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Khetlya Mercantile is U67120MH1995PTC085988. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khetlya Mercantile has 5 court cases on record: 5 filed against it. Most are in the district courts.
Khetlya Mercantile was incorporated on 01 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Mayank Shobhagchand Varia ceased to be Director on 10 Mar 2017. Mayank Shobhagchand Varia was appointed as Director on 01 Jan 2017. Rupesh Ratanshi Sampat ceased to be Director on 28 Mar 2011. Khetlya Mercantile has 5 board changes on record in total.
The registered office of Khetlya Mercantile is at 4 Hem Building N. S. Road No.5 Jvpd Scheme Vile Parle, Mumbai, Maharashtra, India – 400092.
Khetlya Mercantile operates in the food and beverages industry, in the food and beverage retail and distribution segment.
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