Mehek Mercantile Private Limited
About Mehek Mercantile Private Limited
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Mehek Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 23 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2007PTC176101.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.5 Lakh. It is led by directors Samarth Prashantbhai Shah and Vineshkumar Kundanmal Jain.
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 24 2nd Floor Kesar Bldg Opp. Geeta Bhavan Hotel Princess Street Marine Lines, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.82 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 49.7%) and EBITDA of ₹1.58 Cr (EBITDA margin 56.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 69% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mehek 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 Address24 2nd Floor Kesar Bldg Opp. Geeta Bhavan Hotel Princess Street Marine Lines, Mumbai, Maharashtra, India – 400002
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Mehek 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
Business activity
The main business activity of Mehek Mercantile is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Mehek Mercantile Private Limited, buy the company report.
Financials of Mehek Mercantile Private Limited
FY 2025 filings availableMehek Mercantile Private Limited reported revenue of ₹2.82 Cr (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 48% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 70% 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 | ₹1.58 Cr | ||||
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| Net Profit (PAT) | ₹1.4 Cr | ||||
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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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| EBITDA Margin | 56.2% | ||||
| Net Profit Margin | 49.7% | ||||
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To see the full financial statements and ratios of Mehek Mercantile Private Limited, buy the company report.
Board of directors of Mehek Mercantile Private Limited
Mehek Mercantile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Samarth Prashantbhai Shah Also directs: Blue Buddha Properties LLP | Director | 09 Mar 2022 | 4 Years 7 Months | Current |
| Vineshkumar Kundanmal Jain | Director | 31 Dec 2009 | 16 Years 9 Months | Current |
Peer comparison
Mehek Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Taurus Treasury Management Services Private Limited | ₹2.84 Cr (FY 2025) | 141.0% | Mumbai, Maharashtra, India | |||
| Vira Capital Private Limited | ₹2.83 Cr (FY 2024) | -16.0% | Mumbai, Maharashtra, India | |||
| Reliabull Financial Services Private Limited | ₹2.83 Cr (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Manubhawan Distributors Pvt Ltd | ₹2.83 Cr (FY 2025) | 64.0% | Kolkata, West Bengal, India | |||
| Diai India Private Limited | ₹2.82 Cr (FY 2025) | -67.0% | Bengaluru, Karnataka, India | |||
| Mehek Mercantile Private Limitedthis company | ₹2.82 Cr (FY 2025) | ₹1.4 Cr | 49.7% | -48.0% | Mumbai, Maharashtra, India | |
| SGS Forex Private Limited | ₹2.82 Cr (FY 2025) | -38.0% | New Delhi, Delhi, India | |||
| Skaad Insurance Surveyors & Loss Assessors Private Limited | ₹2.82 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India | |||
| Shrambal Distributors Private Limited | ₹2.81 Cr (FY 2025) | 27.0% | Hooghly, West Bengal, India | |||
| Dharam Portfolio Pvt Ltd | ₹2.81 Cr (FY 2024) | 1132.0% | Kolkata, West Bengal, India | |||
| Lark Stock Broking Private Limited | ₹2.81 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mehek Mercantile Private Limited, buy the company report.
Auditor
Mehek Mercantile Private Limited is audited by SANJAY & VIJAY ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY & VIJAY ASSOCIATES | FY 2017 | 120123W |
Shareholding
The shareholding of Mehek Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mehek Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mehek 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 Mehek 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 Mehek Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mehek Mercantile Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Samarth Prashantbhai Shah ceased to be Additional Director on 30 Sep 2022.
Frequently asked questions
Mehek Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 23 November 2007 (19+ years old) and is registered under CIN U51101MH2007PTC176101.
Mehek Mercantile has 2 current directors:
- Samarth Prashantbhai Shah - Director
- Vineshkumar Kundanmal Jain - Director
The latest financial statements of Mehek 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 CIN (Corporate Identification Number) of Mehek Mercantile is U51101MH2007PTC176101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mehek Mercantile was incorporated on 23 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mehek Mercantile by revenue are Taurus Treasury Management Services Private Limited, Vira Capital Private Limited, Reliabull Financial Services Private Limited, Manubhawan Distributors Pvt Ltd, Diai India Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Samarth Prashantbhai Shah ceased to be Additional Director on 30 Sep 2022. Mangesh Gopal Lokhande ceased to be Director on 28 Mar 2022. Samarth Prashantbhai Shah was appointed as Director on 09 Mar 2022. Mehek Mercantile has 5 board changes on record in total.
The registered office of Mehek Mercantile is at 24 2nd Floor Kesar Bldg Opp. Geeta Bhavan Hotel Princess Street Marine Lines, Mumbai, Maharashtra, India – 400002.
Mehek Mercantile operates in the trading industry, in the retail trading segment.
The compliance status of Mehek Mercantile is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
Mehek Mercantile can be reached at its registered office: 24 2nd Floor Kesar Bldg Opp. Geeta Bhavan Hotel Princess Street Marine Lines, Mumbai, Maharashtra, India – 400002.