About Kranti Mercantile Limited
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Kranti Mercantile Limited is a public limited company based in Kalyan, Maharashtra, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 26 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2010PLC208204. Its GSTIN is 27AAECK6864H1Z6 (Maharashtra).
The company has an authorised share capital of ₹12 Cr and a paid-up capital of ₹5.21 Cr. It is led by directors including Nitin Bhawarlal Sharma (Managing Director) and Sachin Bhawarlal Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 20 Regency Plaza, Kalyan, Maharashtra, India – 421002.
As per the financials filed for FY 2024, the company reported a revenue of ₹54.5 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹40.26 Lakh (net margin 0.7%) and EBITDA of ₹1.05 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹4.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website krantimercantile.com.
Company details
CIN history
Kranti Mercantile has one previous CIN (Corporate Identification Number): U51109MH2010PTC208204. The current CIN is U51109MH2010PLC208204, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH2010PLC208204 | Current |
| U51109MH2010PTC208204 | Previous |
Contact details
Kranti Mercantile Limited's registered office is in Kalyan, Maharashtra. Its website is krantimercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 20 Regency Plaza, Kalyan, Maharashtra, India – 421002
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Kranti Mercantile 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 Kranti Mercantile is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Kranti Mercantile Limited, buy the company report.
Financials of Kranti Mercantile Limited
FY 2024 filings availableKranti Mercantile Limited reported revenue of ₹54.5 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 30% growth in the latest year. EBITDA rose 78% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.05 Cr | ||||
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| Net Profit (PAT) | ₹40.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Kranti Mercantile Limited, buy the company report.
Board of directors of Kranti Mercantile Limited
Kranti Mercantile has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Manish Shah | Director | Current | ||
| Kannan Swamynathan Mudliyar | Director | 20 Sep 2023 | 3 Years 1 Months | Current |
| Nitin Bhawarlal Sharma | Managing Director | 17 Aug 2021 | 5 Years 2 Months | Current |
| Alok Jangid Also directs: Aadhar Global Softwares Private Limited | Director | 25 Nov 2024 | 1 Years 11 Months | Current |
| Kashmira Lakshmanan Sastry | Director | 19 Mar 2022 | 4 Years 7 Months | Current |
| Sachin Bhawarlal Sharma | Whole-Time Director | 15 May 2018 | 8 Years 5 Months | Current |
Auditor
Kranti Mercantile Limited is audited by Choudhary Choudhary & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Choudhary Choudhary & Co | FY 2023 | 002910C |
Shareholding
The shareholding of Kranti Mercantile Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kranti Mercantile Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2025 | 101092450 | Others | ₹2.25 Cr | Open | |
| 29 Oct 2021 | 100506887 | State Bank of India | ₹2.2 Cr | Open |
To see the full charge records of Kranti Mercantile Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Kranti Mercantile 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 Kranti Mercantile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kranti Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK6864H1Z6 | Maharashtra | Active | 01 Mar 2018 |
To see the full GST registrations and return filing status of Kranti Mercantile Limited, buy the company report.
Recent activity
Kranti Mercantile Limited has 22 board changes on record since 2012: 5 appointments and 17 cessations. The latest: Deep Vikas Shah ceased to be Director on 20 Jan 2025.
16 earlier events are in the company report.
Frequently asked questions
Kranti Mercantile is an active public limited company based in Kalyan, Maharashtra, India. The company works in retailers, within the trading industry. It was incorporated on 26 September 2010 (16+ years old) and is registered under CIN U51109MH2010PLC208204.
Kranti Mercantile has 6 current directors:
- Nitin Bhawarlal Sharma - Managing Director
- Sachin Bhawarlal Sharma - Whole-Time Director
- Chintan Manish Shah - Director
- Kannan Swamynathan Mudliyar - Director
- Alok Jangid - Director
- Kashmira Lakshmanan Sastry - Director
The latest financial statements of Kranti Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kranti Mercantile is 27AAECK6864H1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kranti Mercantile is U51109MH2010PLC208204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kranti Mercantile was incorporated on 26 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Deep Vikas Shah ceased to be Director on 20 Jan 2025. Alok Jangid was appointed as Director on 25 Nov 2024. Chintan Manish Shah ceased to be Additional Director on 29 Sep 2023. Kranti Mercantile has 22 board changes on record in total.
Kranti Mercantile can be reached through the website krantimercantile.com. Its registered office is in Kalyan, Maharashtra, India.
The registered office of Kranti Mercantile is at B – 20 Regency Plaza, Kalyan, Maharashtra, India – 421002.
Kranti Mercantile operates in the trading industry, in the retailers segment.
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