Mahir Mercantile Private Limited
About Mahir Mercantile Private Limited
Data last updated:
Mahir Mercantile Private Limited was a private limited company based in Thane, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 16 November 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2011PTC223991.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sangeeta Prakash Hingorani and Rahul Sudhakar Ahire.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Shop No – 008 Gokul Village 2 Chs Ltd Shanti Park Mira Road, Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2016, the company reported a revenue of ₹10,000, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹664 (net margin -6.6%) and EBITDA of ₹3,235 (EBITDA margin 32.4%).
Company details
Contact details
Mahir Mercantile Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressShop No – 008 Gokul Village 2 Chs Ltd Shanti Park Mira Road, Thane, Maharashtra, India – 401107
- IndustryMetals and Minerals, Materials Retail & Distribution
- 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
Financials of Mahir Mercantile Private Limited
FY 2016 filings availableMahir Mercantile Private Limited reported revenue of ₹10,000 (down 35% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year. EBITDA rose 770% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3,235 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹664 | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 32.4% | |
| Net Profit Margin | -6.6% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Mahir Mercantile Private Limited, buy the company report.
Board of directors of Mahir Mercantile Private Limited
Mahir Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Prakash Hingorani Also directs: Inorbit Commosales LLP, Marisha Real Estate Private Limited | Director | 14 Mar 2017 | 9 Years 7 Months | As last reported |
| Rahul Sudhakar Ahire | Additional Director | 14 Mar 2017 | 9 Years 7 Months | As last reported |
Peer comparison
Mahir Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jain Coal Washeries Private Limited | ₹10,800 (FY 2023) | Nagpur, Maharashtra, India | ||||
| KBSP Alloys Private Limited | ₹10,470 (FY 2019) | -89.0% | Delhi, India | |||
| Eastern Stone Route Private Limited | ₹10,438 (FY 2018) | -30.0% | Chennai, Tamil Nadu, India | |||
| Shri Jai Baba Minerals Private Limited | ₹10,302 (FY 2025) | -100.0% | Hospet, Karnataka, India | |||
| Motif Dealtrade Private Limited | ₹10,160 (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Mahir Mercantile Private Limitedthis company | ₹10,000 (FY 2016) | -₹664 | -6.6% | -35.0% | Thane, Maharashtra, India | |
| HPJ Exim Private Limited | ₹10,000 (FY 2018) | -95.0% | Delhi, India | |||
| Outfiels Agencies Private Limited | ₹10,000 (FY 2024) | Kolkata, West Bengal, India | ||||
| Perfect Coke Private Limited | ₹10,000 (FY 2025) | -98.0% | Porbandar, Gujarat, India | |||
| Ace Polycompounds Private Limited | ₹10,000 (FY 2022) | -68.0% | Delhi, India | |||
| Omega Kitchenwares Private Limited | ₹9,900 (FY 2019) | 14.0% | Delhi, India |
To see the full peer comparison of Mahir Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahir Mercantile 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 Mahir Mercantile Private Limited; 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 Mahir Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahir Mercantile Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Mahesh Hirji Jogadia ceased to be Additional Director on 23 Mar 2017.
Frequently asked questions
Mahir Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mahir Mercantile was a private limited company based in Thane, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 16 November 2011 and is registered under CIN U51101MH2011PTC223991. The company has been struck off by the Registrar of Companies and is no longer operational.
Mahir Mercantile had 2 directors:
- Sangeeta Prakash Hingorani - Director
- Rahul Sudhakar Ahire - Additional Director
The CIN (Corporate Identification Number) of Mahir Mercantile is U51101MH2011PTC223991. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mahir Mercantile is at Shop No – 008 Gokul Village 2 Chs Ltd Shanti Park Mira Road, Thane, Maharashtra, India – 401107.
Mahir Mercantile was incorporated on 16 November 2011. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Mahir Mercantile on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
Mahir Mercantile operated in the metals and minerals industry, in the materials retail and distribution segment. It worked in this industry before it was struck off.
The peers of Mahir Mercantile by revenue are Jain Coal Washeries Private Limited, KBSP Alloys Private Limited, Eastern Stone Route Private Limited, Shri Jai Baba Minerals Private Limited, Motif Dealtrade Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Mahesh Hirji Jogadia ceased to be Additional Director on 23 Mar 2017. Shridhar Komati Sudarshan ceased to be Additional Director on 23 Mar 2017. Rahul Sudhakar Ahire was appointed as Additional Director on 14 Mar 2017. Mahir Mercantile has 8 board changes on record in total.
The compliance status of Mahir Mercantile is active non-compliant as of 29 September 2026.