About Magnificent Mercantile Private Limited
Data last updated: 12 February 2026
Magnificent Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in equipment leasing and financing, a part of the broader financial services sector. Incorporated on 23 April 1992, the company has been in operation for over 34 years.
Registered with ROC Mumbai under CIN U51900MH1992PTC066485.
Capital: an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.75 Cr. It is led by directors Darshitkumar Tarunkumar Parikh and Bhavin Surendra Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.38 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 4 employees as per the latest available data.
As per MCA filings, the company has satisfied charges of ₹79.14 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 magnificentequipments.com.
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Registered AddressUnit No. D – 412 4Th Floor Crystal Plaza Premises Co – Operative Society Ltd, Linking Road Andheri West, Mumbai, Maharashtra, India – 400053
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IndustryFinancial Services, Equipment Leasing & Financing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Business Activity of Magnificent Mercantile Private Limited
Magnificent Mercantile Private Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Magnificent Mercantile Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Magnificent Mercantile Private Limited
Magnificent Mercantile Private Limited is audited by J VASANIA & ASSOCIATES for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J VASANIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Magnificent Mercantile Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Magnificent Mercantile Private Limited
Magnificent Mercantile Private Limited is currently managed by 2 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Darshitkumar Tarunkumar Parikh
Also directs:
Rajbala Impex Private Limited
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Director | 14 Jul 2020 | 6 Years 1 Months | Current |
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Bhavin Surendra Shah
Also directs:
Rajbala Impex Private Limited, Trayee Sai Darsan Llp
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Director | 14 Jul 2020 | 6 Years 1 Months | Current |
Financials of Magnificent Mercantile Private Limited FY 2025 filings available
Magnificent Mercantile Private Limited reported revenue of ₹6.38 Cr for FY 2025.
Ten-year financial statements for Magnificent Mercantile Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Magnificent Mercantile Private Limited
Shareholding and ownership data for Magnificent Mercantile Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Magnificent Mercantile Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2016 | State Bank of India | ₹60.75 Cr | Satisfied |
| 19 Nov 2015 | Reliance Capital Ltd | ₹65 Lakh | Satisfied |
| 31 Oct 2013 | Sundaram Finance Limited | ₹1.22 Cr | Satisfied |
| 30 Oct 2013 | Reliance Capital Ltd | ₹1.2 Cr | Satisfied |
| 22 Aug 2012 | Srei Equipment Finance Private Limited | ₹1 Cr | Satisfied |
Total charge records: 22 View all charges
Employees and EPFO Compliance at Magnificent Mercantile Private Limited
Magnificent Mercantile Private Limited has a workforce of 4 employees as of Mar 23, 2024.
Employee and EPFO history for Magnificent Mercantile Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Magnificent Mercantile Private Limited
GST registrations and filing compliance for Magnificent Mercantile Private Limited
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- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Magnificent Mercantile Private Limited
Credit ratings, litigation, and regulatory alerts for Magnificent Mercantile Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Magnificent Mercantile Private Limited
MSME payment history for Magnificent Mercantile Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Magnificent Mercantile Private Limited
Corporate group structure for Magnificent Mercantile Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
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MCA Filings & Documents of Magnificent Mercantile Private Limited
MCA filings and documents for Magnificent Mercantile Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Magnificent Mercantile Private Limited
Frequently Asked Questions about Magnificent Mercantile Private Limited
Magnificent Mercantile Private Limited is an active private limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 23 April 1992 (34+ years old) and is registered under CIN U51900MH1992PTC066485. The company has 4 employees.
Magnificent Mercantile Private Limited reported revenue of ₹6.38 Cr for FY 2025 (up 0.00% YoY).
The current directors of Magnificent Mercantile Private Limited are:
- Darshitkumar Tarunkumar Parikh - Director
- Bhavin Surendra Shah - Director
The primary industry of Magnificent Mercantile Private Limited is financial services. The company specifically operates in equipment leasing and financing. The company is currently active in this sector.
Magnificent Mercantile Private Limited can be reached at the registered office: Unit No. D – 412 4Th Floor Crystal Plaza Premises Co – Operative Society Ltd, Linking Road Andheri West, Mumbai, Maharashtra, India – 400053, or through the website magnificentequipments.com.
The authorised capital is ₹3 Cr, and the paid-up capital is ₹2.75 Cr.