About Latitude Merchandising Private Limited
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Latitude Merchandising Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 26 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51502KA2013PTC067990. Its GSTIN is 29AACCL5737A1ZN (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neha Rameshchandra Vasant and Vinay Diddee.
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 Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.82 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.94 Lakh (net margin 13.1%) and EBITDA of ₹3.61 Lakh (EBITDA margin 24.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 7% 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 latitude.co.in.
Company details
Contact details
Latitude Merchandising Private Limited's registered office is in Bengaluru, Karnataka. Its website is latitude.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressM – 1001 Hibiscus Tower 6 Adarsh Palm Retreat Devarabisenahalli Outer Ring Road Bell, Andur Post, Bengaluru, Karnataka, India – 560103
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Latitude Merchandising 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 Latitude Merchandising 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 Latitude Merchandising Private Limited, buy the company report.
Financials of Latitude Merchandising Private Limited
FY 2025 filings availableLatitude Merchandising Private Limited reported revenue of ₹14.82 Lakh (up 573% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 573% growth in the latest year. EBITDA rose 303% 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 | ₹3.61 Lakh | ||||
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| Net Profit (PAT) | ₹1.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Latitude Merchandising Private Limited, buy the company report.
Board of directors of Latitude Merchandising Private Limited
Latitude Merchandising has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Rameshchandra Vasant Also directs: Little Latitude Publishing Private Limited | Director | 26 Feb 2013 | 13 Years 8 Months | Current |
| Vinay Diddee | Director | 26 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Latitude Merchandising Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvatail Services Private Limited | ₹14.85 Lakh (FY 2023) | -78.0% | Mumbai, Maharashtra, India | |||
| Thoeris Lifesciences Private Limited | ₹14.84 Lakh (FY 2025) | 61.0% | Delhi, India | |||
| Jaspo Industries Private Limited | ₹14.83 Lakh (FY 2025) | -33.0% | Bathinda, Punjab, India | |||
| Portbliss Fashions Private Limited | ₹14.83 Lakh (FY 2022) | Amritsar, Punjab, India | ||||
| Clitories Vintrade Private Limited | ₹14.82 Lakh (FY 2024) | 100.0% | Kolkata, West Bengal, India | |||
| Latitude Merchandising Private Limitedthis company | ₹14.82 Lakh (FY 2024) | ₹1.94 Lakh | 13.1% | 573.0% | Bengaluru, Karnataka, India | |
| Vikramsila Industries Private Limited | ₹14.81 Lakh (FY 2025) | -93.0% | Kolkata, West Bengal, India | |||
| R2mi Retail Private Limited | ₹14.81 Lakh (FY 2025) | -77.0% | Bangalore, Karnataka, India | |||
| Tee Pee Impex (India) Private Limited | ₹14.81 Lakh (FY 2019) | -77.0% | Delhi, India | |||
| Shoplo Trading & Marketing Private Limited | ₹14.8 Lakh (FY 2018) | Delhi, India | ||||
| Sun City Vincom Private Limited | ₹14.8 Lakh (FY 2025) | -53.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Latitude Merchandising Private Limited, buy the company report.
Auditor
Latitude Merchandising Private Limited is audited by SHIVA MOHAN & AITHAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVA MOHAN & AITHAL | FY 2017 | 008087S |
Shareholding
The shareholding of Latitude Merchandising Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Latitude Merchandising Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Latitude Merchandising 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 Latitude Merchandising Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Latitude Merchandising has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL5737A1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Latitude Merchandising Private Limited, buy the company report.
Recent activity
Latitude Merchandising Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Neha Rameshchandra Vasant was appointed as Director on 26 Feb 2013.
Frequently asked questions
Latitude Merchandising is an active private limited company based in Bengaluru, Karnataka, India. The company works in retailers, within the trading industry. It was incorporated on 26 February 2013 (13+ years old) and is registered under CIN U51502KA2013PTC067990.
Latitude Merchandising has 2 current directors:
- Neha Rameshchandra Vasant - Director
- Vinay Diddee - Director
The latest financial statements of Latitude Merchandising 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 Latitude Merchandising is 29AACCL5737A1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Latitude Merchandising is U51502KA2013PTC067990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latitude Merchandising was incorporated on 26 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Latitude Merchandising by revenue are Sarvatail Services Private Limited, Thoeris Lifesciences Private Limited, Jaspo Industries Private Limited, Portbliss Fashions Private Limited, Clitories Vintrade Private Limited and 5 more, all in the same principal business activity (retail trading).
Neha Rameshchandra Vasant was appointed as Director on 26 Feb 2013. Vinay Diddee was appointed as Director on 26 Feb 2013.
Latitude Merchandising can be reached through the website latitude.co.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Latitude Merchandising is at M – 1001 Hibiscus Tower 6 Adarsh Palm Retreat Devarabisenahalli Outer Ring Road Bell, Andur Post, Bengaluru, Karnataka, India – 560103.
Latitude Merchandising operates in the trading industry, in the retailers segment.
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