Manasyam Mercantile Private Limited
About Manasyam Mercantile Private Limited
Data last updated:
Manasyam Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2012PTC238102. Its GSTIN is 27AAICM3446M1Z1 (Maharashtra).
The company has an authorised share capital of ₹42.5 Lakh and a paid-up capital of ₹23.08 Lakh. It was formerly known as Manshyam Mercantile Private Limited. It is led by directors including Dilip Mangatrai Soni and Sunilkumar Sanwalram More.
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 Floor – 3rd Plot – 29 Rustom Building Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹2.03 Lakh (net margin -62.2%) and EBITDA of -₹2.03 Lakh (EBITDA margin -62.2%). Revenue has declined at a compounded annual rate (CAGR) of 291% over three years and 55% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Manasyam Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFloor – 3rd Plot – 29 Rustom Building Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Manasyam Mercantile 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
Financials of Manasyam Mercantile Private Limited
FY 2025 filings availableManasyam Mercantile Private Limited reported revenue of ₹3.27 Lakh (down 55% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 55% fall in the latest year. EBITDA fell 134% 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 | -₹2.03 Lakh | ||||
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| Net Profit (PAT) | -₹2.03 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 | -62.2% | ||||
| Net Profit Margin | -62.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manasyam Mercantile Private Limited, buy the company report.
Board of directors of Manasyam Mercantile Private Limited
Manasyam Mercantile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Mangatrai Soni Also directs: Chintan Exports Private Limited | Director | 01 Jul 2015 | 11 Years 4 Months | Current |
| Sunilkumar Sanwalram More Also directs: Chintan Exports Private Limited, Nishigandha Elastomers LLP, Nishigandha Polymers Private Limited and 5 more | Director | 20 Nov 2012 | 13 Years 11 Months | Current |
| Rudresh Krishnachandra Jhunjhunwala Also directs: Nishigandha Elastomers LLP, Nishigandha Polymers Private Limited, 2M Elastomers Private Limited and 2 more | Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Manasyam Mercantile Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zaid Basic Chem Private Limited | ₹3.31 Lakh (FY 2022) | 80.0% | Kolkata, West Bengal, India | |||
| Manasyam Mercantile Private Limitedthis company | ₹3.27 Lakh (FY 2024) | -₹2.03 Lakh | -62.2% | -55.0% | Mumbai, Maharashtra, India | |
| Anam Leather and Chemicals Industries Private Limited | ₹3.24 Lakh (FY 2025) | -82.0% | Uttar Pradesh, India | |||
| Harman Speciality Private Limited | ₹3.23 Lakh (FY 2024) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Manasyam Mercantile Private Limited, buy the company report.
Auditor
Manasyam Mercantile Private Limited is audited by N.B.S. & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.B.S. & Associates | FY 2023 | 106740W |
Shareholding
The shareholding of Manasyam Mercantile Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manasyam Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Manasyam 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 Manasyam Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manasyam Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM3446M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manasyam Mercantile Private Limited, buy the company report.
Recent activity
Manasyam Mercantile Private Limited has 7 board changes on record since 2012: 5 appointments and 2 cessations. The latest: Rudresh Krishnachandra Jhunjhunwala was appointed as Director on 22 Jul 2025.
Frequently asked questions
Manasyam Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 November 2012 (14+ years old) and is registered under CIN U51900MH2012PTC238102.
Manasyam Mercantile has 3 current directors:
- Dilip Mangatrai Soni - Director
- Sunilkumar Sanwalram More - Director
- Rudresh Krishnachandra Jhunjhunwala - Director
The latest financial statements of Manasyam Mercantile 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 Manasyam Mercantile is 27AAICM3446M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manasyam Mercantile is U51900MH2012PTC238102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manasyam Mercantile was incorporated on 20 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Manasyam Mercantile by revenue are Zaid Basic Chem Private Limited, Anam Leather and Chemicals Industries Private Limited, Harman Speciality Private Limited, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Rudresh Krishnachandra Jhunjhunwala was appointed as Director on 22 Jul 2025. Suresh Sitaram Sigtia ceased to be Director on 10 Jul 2015. Dilip Mangatrai Soni was appointed as Director on 01 Jul 2015. Manasyam Mercantile has 7 board changes on record in total.
The registered office of Manasyam Mercantile is at Floor – 3rd Plot – 29 Rustom Building Veer Nariman Road Hutatma Chowk Fort, Mumbai, Maharashtra, India – 400001.
Manasyam Mercantile operates in the chemicals and materials industry, in the chemical distribution and retail segment.
The compliance status of Manasyam Mercantile is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
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