Markcel Private Limited
About Markcel Private Limited
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Markcel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 03 November 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1964PTC013048.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nilu Pardasani and Ravi Raisinghani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.73 Lakh, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹28,807 (net margin -10.6%) and EBITDA of -₹28,807 (EBITDA margin -10.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹8 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Markcel Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 2 3 Opposite Hatkesh Udyog Near Eden Bakery Mira – Byd Road Mira Ro, Ad East, Mumbai, Maharashtra, India – 401104
- IndustryTrading, Other Wholesale, Retail Trading, Wholesale, Retailers
To see the full contact details of Markcel 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 Markcel Private Limited
FY 2025 filings availableMarkcel Private Limited reported revenue of ₹2.73 Lakh (down 43% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA fell 112% 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 | -₹28,807 | ||||
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| Net Profit (PAT) | -₹28,807 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -10.6% | ||||
| Net Profit Margin | -10.6% | ||||
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To see the full financial statements and ratios of Markcel Private Limited, buy the company report.
Board of directors of Markcel Private Limited
Markcel has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilu Pardasani Also directs: Amrit Devcon Private Limited, Amrut Ventures Private Limited | Director | 03 Nov 1994 | 31 Years 11 Months | Current |
| Ravi Raisinghani | Director | 03 Nov 1994 | 31 Years 11 Months | Current |
| Gitu Raisinghani | Director | 03 Nov 1994 | 31 Years 11 Months | Current |
Auditor
Markcel Private Limited is audited by HARJANI AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARJANI AND ASSOCIATES | FY 2017 | 041899 |
Shareholding
The shareholding of Markcel Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Markcel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 1974 | 90361963 | Canara Bank | ₹2 Lakh | Open | |
| 01 Mar 1972 | 90361844 | Central Bank of India | ₹5 Lakh | Open | |
| 16 Jun 1968 | 90361750 | Central Bank of India | ₹1 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Markcel 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 Markcel 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 Markcel Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Markcel Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Gitu Raisinghani was appointed as Director on 03 Nov 1994.
Frequently asked questions
Markcel is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 03 November 1964 (62+ years old) and is registered under CIN U74140MH1964PTC013048.
Markcel has 3 current directors:
- Nilu Pardasani - Director
- Ravi Raisinghani - Director
- Gitu Raisinghani - Director
The latest financial statements of Markcel 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 CIN (Corporate Identification Number) of Markcel is U74140MH1964PTC013048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Markcel was incorporated on 03 November 1964, making it 62+ years old. It is registered with the Registrar of Companies, Mumbai.
Gitu Raisinghani was appointed as Director on 03 Nov 1994. Nilu Pardasani was appointed as Director on 03 Nov 1994. Ravi Raisinghani was appointed as Director on 03 Nov 1994.
The registered office of Markcel is at Shop No. 2 3 Opposite Hatkesh Udyog Near Eden Bakery Mira – Byd Road Mira Ro, Ad East, Mumbai, Maharashtra, India – 401104.
Markcel operates in the trading industry, in the other wholesale segment.
Markcel has open charges of ₹8 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Markcel is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.