Mercancia Agri Private Limited
About Mercancia Agri Private Limited
Data last updated:
Mercancia Agri Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 30 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51501MP2019PTC049475. Its GSTIN is 24AAMCM9103H1ZG (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rakesh Manharlal Sheth and Shirish Manharlal Sheth.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Shop No. 15 Ground Floor 76/104 Pandharinath Path, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2021, the company reported a revenue of ₹56.21 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹10.84 Lakh (net margin 0.2%) and EBITDA of ₹5.37 Cr (EBITDA margin 9.6%).
As per MCA filings, the company has satisfied charges of ₹40 Cr on record.
Company details
Contact details
Mercancia Agri Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressShop No. 15 Ground Floor 76/104 Pandharinath Path, Indore, Madhya Pradesh, India – 452001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Mercancia Agri 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 Mercancia Agri is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mercancia Agri Private Limited, buy the company report.
Financials of Mercancia Agri Private Limited
FY 2021 filings availableMercancia Agri Private Limited reported revenue of ₹56.21 Cr (up 58% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 58% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| 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 | ₹5.37 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹10.84 Lakh | |
| 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 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 9.6% | |
| Net Profit Margin | 0.2% | |
| 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 Mercancia Agri Private Limited, buy the company report.
Board of directors of Mercancia Agri Private Limited
Mercancia Agri has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Manharlal Sheth | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
| Shirish Manharlal Sheth | Director | 30 Aug 2019 | 7 Years 2 Months | Current |
Peer comparison
Mercancia Agri Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal 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 |
|---|---|---|---|---|---|---|
| K V M Steel Private Limited | ₹56.59 Cr (FY 2015) | 2.0% | Delhi, India | |||
| Kartik Overseas Private Limited | ₹56.47 Cr (FY 2024) | 26.0% | Ludhiana, Punjab, India | |||
| Chalakudy Metal Traders Private Limited | ₹56.37 Cr (FY 2025) | -17.0% | Thrissur, Kerala, India | |||
| Mercancia Agri Private Limitedthis company | ₹56.21 Cr (FY 2021) | ₹10.84 Lakh | 0.2% | 58.0% | Indore, Madhya Pradesh, India | |
| Eagle Steel Industries Pvt Ltd | ₹55.93 Cr (FY 2025) | -14.0% | Ahmedabad, Gujarat, India | |||
| Kind Special Steels (India) Private Limited | ₹55.89 Cr (FY 2024) | 24.0% | Navi Mumbai, Maharashtra, India | |||
| Shyamdev Metalics Private Limited | ₹55.83 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mercancia Agri Private Limited, buy the company report.
Auditor
Mercancia Agri Private Limited is audited by NIMESH V SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIMESH V SHAH & CO | FY 2020 | 127039W |
Shareholding
The shareholding of Mercancia Agri Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mercancia Agri Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2020 | 100334867 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Mercancia Agri Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mercancia Agri 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 Mercancia Agri Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mercancia Agri has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM9103H1ZG | Gujarat | Active | 21 Mar 2020 |
To see the full GST registrations and return filing status of Mercancia Agri Private Limited, buy the company report.
Recent activity
Mercancia Agri Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Rakesh Manharlal Sheth was appointed as Director on 30 Aug 2019.
Frequently asked questions
Mercancia Agri is an active private limited company based in Indore, Madhya Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 30 August 2019 (7+ years old) and is registered under CIN U51501MP2019PTC049475.
Mercancia Agri has 2 current directors:
- Rakesh Manharlal Sheth - Director
- Shirish Manharlal Sheth - Director
The latest financial statements of Mercancia Agri on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Mercancia Agri is 24AAMCM9103H1ZG, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mercancia Agri is U51501MP2019PTC049475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercancia Agri was incorporated on 30 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mercancia Agri by revenue are K V M Steel Private Limited, Kartik Overseas Private Limited, Chalakudy Metal Traders Private Limited, Eagle Steel Industries Pvt Ltd, Kind Special Steels (India) Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Rakesh Manharlal Sheth was appointed as Director on 30 Aug 2019. Shirish Manharlal Sheth was appointed as Director on 30 Aug 2019.
The registered office of Mercancia Agri is at Shop No. 15 Ground Floor 76104 Pandharinath Path, Indore, Madhya Pradesh, India – 452001.
Mercancia Agri operates in the metals and minerals industry, in the metal retail and distribution segment.
Mercancia Agri has no open charges and satisfied charges of ₹40 Cr as per latest MCA filings.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
