Lesha Merchants Pvt Ltd
About Lesha Merchants Pvt Ltd
Data last updated:
Lesha Merchants Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 15 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH1994PTC299886.
The company has an authorised share capital of ₹93.95 Lakh and a paid-up capital of ₹93 Lakh. It is led by directors including Vivek Vinodkumar Kandoi (Whole-Time Director) and Kiran Kandoi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 302 Samkeet Building Sant Jana Bhai Marg Off Hanuman Road Vile Parle(E), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.02 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹8.08 Lakh (net margin 26%) and EBITDA of ₹8.15 Lakh (EBITDA margin 26.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹6.78 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lesha Merchants has one previous CIN (Corporate Identification Number): U51109WB1994PTC063944. The current CIN is U51109MH1994PTC299886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH1994PTC299886 | Current |
| U51109WB1994PTC063944 | Previous |
Contact details
Lesha Merchants Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 302 Samkeet Building Sant Jana Bhai Marg Off Hanuman Road Vile Parle(E), Mumbai, Maharashtra, India – 400057
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
To see the full contact details of Lesha Merchants Pvt Ltd, 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 Lesha Merchants is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lesha Merchants Pvt Ltd, buy the company report.
Financials of Lesha Merchants Pvt Ltd
FY 2025 filings availableLesha Merchants Pvt Ltd reported revenue of ₹31.02 Lakh (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 19% fall in the latest year. EBITDA fell 42% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.15 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.3% | ||||
| Net Profit Margin | 26% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lesha Merchants Pvt Ltd, buy the company report.
Board of directors of Lesha Merchants Pvt Ltd
Lesha Merchants has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kiran Kandoi Also directs: Suyash Mercantile Private Limited, Shiv Shankar Resources Ltd | Director | 07 Feb 2024 | 2 Years 9 Months | Current |
| Bishaka Vivek Kandoi Also directs: Suyash Mercantile Private Limited, Shiv Shankar Resources Ltd | Director | 19 Dec 2023 | 2 Years 10 Months | Current |
| Vivek Vinodkumar Kandoi Also directs: Suyash Mercantile Private Limited, Shiv Shankar Resources Ltd | Whole-Time Director | 08 Dec 2016 | 9 Years 11 Months | Current |
Peer comparison
Lesha Merchants Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BMK Enterprises Limited | ₹31.13 Lakh (FY 2024) | -2.0% | Hyderabad, Telangana, India | |||
| Lesha Merchants Pvt Ltdthis company | ₹31.02 Lakh (FY 2025) | ₹8.08 Lakh | 26% | -19.0% | Mumbai, Maharashtra, India | |
| Ska Investment and Fiance Private Limited | ₹31.01 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Techno-Exports & Services (East) Pvt Ltd | ₹30.94 Lakh (FY 2024) | 89.0% | Kolkata, West Bengal, India | |||
| Pee Kay Ess Traders Private Limited | ₹30.92 Lakh (FY 2025) | -56.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Lesha Merchants Pvt Ltd, buy the company report.
Auditor
Lesha Merchants Pvt Ltd is audited by SULTANIA SANJAY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SULTANIA SANJAY & CO | FY 2021 | 322336E |
Shareholding
The shareholding of Lesha Merchants Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Lesha Merchants Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2015 | 10618680 | Kotak Mahindra Prime Limited | ₹6.78 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Lesha Merchants Pvt Ltd 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 Lesha Merchants Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lesha Merchants Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lesha Merchants Pvt Ltd has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Vikas Ganeshnarayan Kandoi ceased to be Director on 11 Nov 2025.
1 earlier event is in the company report.
Frequently asked questions
Lesha Merchants is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 15 July 1994 (32+ years old) and is registered under CIN U51109MH1994PTC299886.
Lesha Merchants has 3 current directors:
- Vivek Vinodkumar Kandoi - Whole-Time Director
- Kiran Kandoi - Director
- Bishaka Vivek Kandoi - Director
The latest financial statements of Lesha Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lesha Merchants is U51109MH1994PTC299886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lesha Merchants was incorporated on 15 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lesha Merchants by revenue are BMK Enterprises Limited, Ska Investment and Fiance Private Limited, Techno-Exports & Services (East) Pvt Ltd, Pee Kay Ess Traders Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Vikas Ganeshnarayan Kandoi ceased to be Director on 11 Nov 2025. Bishaka Vivek Kandoi ceased to be Director Appointed In Casual Vacancy on 27 Sep 2024. Kiran Kandoi ceased to be Director Appointed In Casual Vacancy on 27 Sep 2024. Lesha Merchants has 9 board changes on record in total.
The registered office of Lesha Merchants is at A – 302 Samkeet Building Sant Jana Bhai Marg Off Hanuman Road Vile ParleE, Mumbai, Maharashtra, India – 400057.
Lesha Merchants operates in the financial services industry, in the investment and credit nbfc segment.
Lesha Merchants has open charges of ₹6.78 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Lesha Merchants is compliant as of 27 September 2026. The company is actively filing with the Registrar of Companies.
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