Merchant Real Estate Pvt Ltd
About Merchant Real Estate Pvt Ltd
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Merchant Real Estate Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1991PTC062572. Its GSTIN is 27AAACM4312J1ZO (Maharashtra).
The company has an authorised share capital of ₹23.33 Lakh and a paid-up capital of ₹23.33 Lakh. It was formerly known as Merchant Real Estates Pvt Ltd. It is led by directors including Afzal Ahmed Birya (Managing Director) and Taabish Afzal Birya (Whole-Time Director).
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 265 Bazargate Str Briyahouse Fort Bombay 1, Mumbai, Maharashtra, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.34 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹82.32 Lakh and EBITDA of -₹45.11 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹8.79 Cr and satisfied charges of ₹10.12 Cr on record. Court records list 17 cases involving the company, including 10 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Merchant Real Estate Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address265 Bazargate Str Briyahouse Fort Bombay 1, Mumbai, Maharashtra, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Merchant Real Estate Pvt Ltd, 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 Merchant Real Estate is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Merchant Real Estate Pvt Ltd, buy the company report.
Financials of Merchant Real Estate Pvt Ltd
FY 2025 filings availableMerchant Real Estate Pvt Ltd reported revenue of ₹8.34 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 53% fall in the latest year. EBITDA fell 81% 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 | -₹45.11 Lakh | ||||
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| Net Profit (PAT) | -₹82.32 Lakh | ||||
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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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To see the full financial statements and ratios of Merchant Real Estate Pvt Ltd, buy the company report.
Board of directors of Merchant Real Estate Pvt Ltd
Merchant Real Estate has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Afzal Ahmed Birya Also directs: Saphire Commercial Private Limited | Managing Director | 19 Jul 1991 | 35 Years 3 Months | Current |
| Taabish Afzal Birya | Whole-Time Director | 22 Dec 2015 | 10 Years 10 Months | Current |
| Sofia Afzal Birya Also directs: Zenjuana Wellness Private Limited | Whole-Time Director | 05 May 2012 | 14 Years 6 Months | Current |
| Jawad Mohammed Afzal Birya | Whole-Time Director | 03 Dec 2010 | 15 Years 11 Months | Current |
Auditor
Merchant Real Estate Pvt Ltd is audited by HARI OM SHARMA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARI OM SHARMA & CO. | FY 2023 | 036073 |
Shareholding
The shareholding of Merchant Real Estate Pvt Ltd 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Merchant Real Estate Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2022 | 100591975 | Others | ₹27.5 Lakh | Open | |
| 05 Aug 2021 | 100467767 | Others | ₹30 Lakh | Open | |
| 29 Oct 2020 | 100382015 | Others | ₹3 Cr | Open | |
| 21 Nov 2019 | 100303016 | Others | ₹1.52 Cr | Open | |
| 30 Mar 2019 | 100251941 | Others | ₹1.7 Cr | Open |
To see the full charge records of Merchant Real Estate Pvt Ltd, buy the company report.
Total charge records: 14 View all charges
Legal cases
Merchant Real Estate Pvt Ltd has 17 court cases on record: 10 filed by Merchant Real Estate, 7 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 1 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CARBP) | Filed against the company by Adity Birla Finance Limited | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Indostar Capital Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Aditya Birla Finance Ltd. Th. Nikhil Rodrigues | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Indostar Capital Finance Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Fullerton India Credit Company Ltd Through Mojshi Soni | Disposed |
To see the full case history of Merchant Real Estate Pvt Ltd, 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 Merchant Real Estate Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merchant Real Estate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4312J1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merchant Real Estate Pvt Ltd, buy the company report.
Recent activity
Merchant Real Estate Pvt Ltd has 8 board changes on record since 1991: 6 appointments and 2 cessations. The latest: Taabish Afzal Birya was appointed as Whole-Time Director on 22 Dec 2015.
23 earlier events are in the company report.
Frequently asked questions
Merchant Real Estate is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 July 1991 (35+ years old) and is registered under CIN U45200MH1991PTC062572.
Merchant Real Estate has 4 current directors:
- Afzal Ahmed Birya - Managing Director
- Taabish Afzal Birya - Whole-Time Director
- Sofia Afzal Birya - Whole-Time Director
- Jawad Mohammed Afzal Birya - Whole-Time Director
The latest financial statements of Merchant Real Estate 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 Merchant Real Estate is 27AAACM4312J1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Merchant Real Estate is U45200MH1991PTC062572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merchant Real Estate has 17 court cases on record: 10 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
Merchant Real Estate was incorporated on 19 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Taabish Afzal Birya was appointed as Whole-Time Director on 22 Dec 2015. Rabia Ahmed Birya ceased to be Director on 27 Aug 2013. Sofia Afzal Birya was appointed as Whole-Time Director on 05 May 2012. Merchant Real Estate has 8 board changes on record in total.
The registered office of Merchant Real Estate is at 265 Bazargate Str Briyahouse Fort Bombay 1, Mumbai, Maharashtra, India.
Merchant Real Estate operates in the real estate and construction industry, in the real estate builders and developers segment.
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