Mahimna Mercantile Credits Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1991.
1991 Mumbai, Maharashtra, India Active
Last Updated:
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About Mahimna Mercantile Credits Limited

Mahimna Mercantile Credits Limited, a active public limited company, was established on 15 July 1991 in Mumbai, Maharashtra, India. Engaging in investment & credit nbfc within the financial and insurance service sector, it holds CIN: U99999MH1991PLC062492. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹82.00 Cr and a paid-up capital of ₹79.15 Cr.

Formerly known as V.B.Desai Mercantile Credits Limited, V.B.Desai Mercantile Credits Private Limited. It upholds a compliant status. Its leadership includes Pradip Ratilal Shroff (Director), Shashank Shripad Vijayakar (Director), Antoo Kochappan Kallan (Director). Past directors included Raj Pradip Shroff, Satyam Pradip Shroff, Manoj Thakorlal Shroff. Its latest AGM occurred on 30 November 2025, with the balance sheet filed on 31 March 2025. It is based at 24/26, Cama Building, 1St Floor, Dalal Street Fort, Mumbai, Maharashtra, 400001.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U99999MH1991PLC062492

  • Registration Number

    062492

  • Incorporation Date

    15 July 1991

  • Authorized Capital

    ₹82.00 Cr

  • Paid-Up Capital

    ₹79.15 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 82.00 Cr
  • Paid Up Capital ₹ 79.15 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** 910.83%
  • Profit Growth **** -62.51%
  • Ebitda **** -65.56%
  • Net Worth -0.09%
  • Total Assets -58.47%
Company report

Mahimna Mercantile Credits Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahimna Mercantile Credits Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mahimna Mercantile Credits Limited?
Current Directors
Name Designation Appointment Date Status
Pradip Ratilal Shroff Director 15 Jul 1991 Current
Shashank Shripad Vijayakar Director 10 Oct 2017 Current
Antoo Kochappan Kallan Director 24 Oct 2019 Current
Imran Badaruddin Shaikh Cfo 02 May 2019 Current
Sagar Yadav Director 02 Sep 2024 Current
Shrutika Siddhanath Devkar Company Secretary 01 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 12 Mar 2019 Past
Pramod Abcsdd Director 29 Dec 2017 Past
Pramod Abcsdd Director 15 Jan 2009 Past
Pramod Abcsdd Director 02 May 2014 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Director 17 Apr 2021 Past

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Financial Performance of Mahimna Mercantile Credits.

Mahimna Mercantile Credits Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 910.83% increase. The company also saw a substantial fall in profitability, with a 62.51% decrease in profit. The company's net worth dipped by a decrease of 0.09%.

Mahimna Mercantile Credits revenue growth over time
Mahimna Mercantile Credits profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 910.83%
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Revenue from Operations
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Total Assets
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 -58.47%
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Profit or Loss
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 -62.51%
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Net Worth
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 -0.09%
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EBITDA
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 -65.56%
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What is the Ownership and Shareholding Structure of Mahimna Mercantile Credits?

In 2023, Mahimna Mercantile Credits had a promoter holding of 0.01% and a public holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Mahimna Mercantile Credits?

Unlock and access historical data on people associated with Mahimna Mercantile Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahimna Mercantile Credits, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahimna Mercantile Credits's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Latest Updates, News, and FAQs on Mahimna Mercantile Credits
Recent Activity within the Organization
  • Annual General Meeting

    The activity Mahimna Mercantile Credits Limited last Annual general meeting of members was held on 30 Nov 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Shrutika Siddhanath Devkar was appointed as a Company Secretary was appointed as a Company Secretary on 11 Aug 2025 & has been associated with this company since 6 months 17 days . was documented.

  • Director Appointment

    Progress on Shrutika Siddhanath Devkar was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2025 & has been associated with this company since 6 months 27 days . was documented.

  • Balance Sheet

    Progress on Mahimna Mercantile Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Director Appointment

    The activity Sagar Yadav was appointed as a Director was appointed as a Director on 02 Sep 2024 & has been associated with this company since 1 year 5 months . was completed.

  • Director Appointment

    The activity Antoo Kochappan Kallan was appointed as a Director was appointed as a Director on 24 Oct 2019 & has been associated with this company since 6 years 4 months . was completed.

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Frequently Asked Questions
What is the CIN of Mahimna Mercantile Credits Limited?

The CIN of Mahimna Mercantile Credits Limited is U99999MH1991PLC062492.

Where is Mahimna Mercantile Credits Limited headquartered?

Mahimna Mercantile Credits Limited is headquartered at 24/26, Cama Building, 1St Floor, Dalal Street Fort, Mumbai, Maharashtra, 400001.

When was Mahimna Mercantile Credits Limited incorporated?

Mahimna Mercantile Credits Limited was incorporated on 15 July 1991.

Who are the current directors of Mahimna Mercantile Credits Limited?

The current directors of Mahimna Mercantile Credits Limited are

What is the primary industry of Mahimna Mercantile Credits Limited?

The primary industry of Mahimna Mercantile Credits Limited is Financial And Insurance Service.

Is Mahimna Mercantile Credits Limited a listed company?

Mahimna Mercantile Credits Limited is unlisted.

What is the capital structure of Mahimna Mercantile Credits Limited?

The authorized capital of Mahimna Mercantile Credits Limited is ₹82.00 Cr, and the paid-up capital is ₹79.15 Cr.

What is the compliance status of Mahimna Mercantile Credits Limited?

The compliance status of Mahimna Mercantile Credits Limited is Compliant.

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