Mars Mercantiles Private Limited
About Mars Mercantiles Private Limited
Data last updated:
Mars Mercantiles Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 11 June 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U50102WB1993PTC097223. Its GSTIN is 20AADCM4232G1Z3 (Jharkhand).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.96 Cr. It is led by directors including Mahesh Pradhan and Shivam Kumar Rai.
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 175 Karnanni Estate 209 A J C Bose Road, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.45 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹48.52 Lakh (net margin 1.7%) and EBITDA of ₹1.7 Cr (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 14% over five years.
As per MCA filings, the company has open charges of ₹10.04 Cr and satisfied charges of ₹9.33 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mars Mercantiles has one previous CIN (Corporate Identification Number): U50102WB2003PTC097223. The current CIN is U50102WB1993PTC097223, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50102WB1993PTC097223 | Current |
| U50102WB2003PTC097223 | Previous |
Contact details
Mars Mercantiles Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address175 Karnanni Estate 209 A J C Bose Road, Kolkata, West Bengal, India – 700017
- IndustryManufacturing, Cable & Wire
To see the full contact details of Mars Mercantiles 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
Business activity
The main business activity of Mars Mercantiles is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mars Mercantiles Private Limited, buy the company report.
Financials of Mars Mercantiles Private Limited
FY 2025 filings availableMars Mercantiles Private Limited reported revenue of ₹28.45 Cr (up 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 32% growth in the latest year. EBITDA rose 4% 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 | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹48.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 1.7% | ||||
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To see the full financial statements and ratios of Mars Mercantiles Private Limited, buy the company report.
Board of directors of Mars Mercantiles Private Limited
Mars Mercantiles has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Pradhan Also directs: Raghavji Steel Private Limited, Pradhan Ispat Industries Private Limited, Daroga Pradhan Construction Private Limited and 5 more | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
| Shivam Kumar Rai | Director | 16 Oct 2018 | 8 Years 0 Months | Current |
| Dinesh Pradhan Also directs: Raghavji Steel Private Limited, Pradhan Ispat Industries Private Limited, Daroga Pradhan Construction Private Limited and 4 more | Director | 28 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Mars Mercantiles Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Cables and Wires, Process Machinery), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JRK Industries Private Limited | ₹28.63 Cr (FY 2024) | 9.0% | Jaipur, Rajasthan, India | |||
| Mars Mercantiles Private Limitedthis company | ₹28.45 Cr (FY 2024) | ₹48.52 Lakh | 1.7% | 32.0% | Kolkata, West Bengal, India | |
| Shri Hanuman Wiron Private Limited | ₹28.41 Cr (FY 2025) | -19.0% | Raigarh, Chhattisgarh, India | |||
| Stalwart International (India) Private Limited | ₹28.24 Cr (FY 2025) | -42.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mars Mercantiles Private Limited, buy the company report.
Auditor
Mars Mercantiles Private Limited is audited by BANDHYOPADHYAY & DUTT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANDHYOPADHYAY & DUTT | FY 2023 | 325116E |
Shareholding
The shareholding of Mars Mercantiles 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 Mars Mercantiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Nov 2023 | 100853250 | Hdfc Bank Limited | ₹10.04 Cr | Open | |
| 26 Mar 2007 | 10049102 | State Bank of India | ₹5.93 Cr | Satisfied | |
| 26 Mar 2007 | 10049106 | State Bank of India | ₹2.5 Cr | Satisfied | |
| 23 Sep 2003 | 90247243 | State Bank of India | ₹90 Lakh | Satisfied |
To see the full charge records of Mars Mercantiles Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mars Mercantiles Private Limited has 3 court cases on record: 2 filed by Mars Mercantiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, New Delhi Bench Court-III | Petition | Filed against the company by Man Mohan Varma & Son (Huf) and 3 others | Disposed |
| District court, Bokaro, Jharkhand | Court case (M. S) | Filed by the company against The State of Jharkhand Others | Disposed |
| High Court | Court case (W.P.(Cr.)) | Filed by the company against State of Jharkhand and Ors | Disposed |
To see the full case history of Mars Mercantiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mars Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mars Mercantiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AADCM4232G1Z3 | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mars Mercantiles Private Limited, buy the company report.
Recent activity
Mars Mercantiles Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Shivam Kumar Rai ceased to be Additional Director on 30 Sep 2019.
11 earlier events are in the company report.
Frequently asked questions
Mars Mercantiles is an active private limited company based in Kolkata, West Bengal, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 11 June 1993 (33+ years old) and is registered under CIN U50102WB1993PTC097223.
Mars Mercantiles has 3 current directors:
- Mahesh Pradhan - Director
- Shivam Kumar Rai - Director
- Dinesh Pradhan - Director
The latest financial statements of Mars Mercantiles 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 Mars Mercantiles is 20AADCM4232G1Z3, registered in Jharkhand.
The CIN (Corporate Identification Number) of Mars Mercantiles is U50102WB1993PTC097223. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mars Mercantiles has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the district courts.
Mars Mercantiles was incorporated on 11 June 1993, making it 33+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Mars Mercantiles by revenue are JRK Industries Private Limited, Shri Hanuman Wiron Private Limited, Stalwart International (India) Private Limited, all in the Machinery and Equipment industry (Cables and Wires, Process Machinery), with the same principal business activity (metal and metal products).
Shivam Kumar Rai ceased to be Additional Director on 30 Sep 2019. Shivam Kumar Rai was appointed as Director on 16 Oct 2018. Mahesh Pradhan ceased to be Additional Director on 30 Sep 2017. Mars Mercantiles has 10 board changes on record in total.
The registered office of Mars Mercantiles is at 175 Karnanni Estate 209 A J C Bose Road, Kolkata, West Bengal, India – 700017.
Mars Mercantiles operates in the manufacturing industry, in the cable and wire segment.