About Merchant Ventures Private Limited
Data last updated:
Merchant Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 09 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC266472. Its GSTIN is 27AAJCM8222E1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jagdish Salgaonkar and Surekha Jaiwant Salvi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.4 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹79,678 (net margin 0.2%) and EBITDA of ₹63.31 Lakh (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 51% over five years.
As per MCA filings, the company has open charges of ₹2.11 Cr and satisfied charges of ₹1.69 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merchantventures.in.
Company details
Contact details
Merchant Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is merchantventures.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No 1105 D Square 11th Floor Opp Gokhalibai School Dadabhai Rd Vile P, Arle West, Mumbai, Maharashtra, India – 400056
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Merchant Ventures 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 Merchant Ventures is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Merchant Ventures Private Limited, buy the company report.
Financials of Merchant Ventures Private Limited
FY 2024 filings availableMerchant Ventures Private Limited reported revenue of ₹4.4 Cr (down 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 19% 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 |
|---|---|---|---|---|---|
| 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 | ₹63.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79,678 | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | ||||
| 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 Merchant Ventures Private Limited, buy the company report.
Board of directors of Merchant Ventures Private Limited
Merchant Ventures 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 |
|---|---|---|---|---|
| Jagdish Salgaonkar | Director | 01 Apr 2020 | 6 Years 6 Months | Current |
| Surekha Jaiwant Salvi | Director | 11 Dec 2015 | 10 Years 10 Months | Current |
| Alyzaa Mohammed Abbas Merchant Also directs: Zaahrah Hotels and Resorts Private Limited, Inclusive Lifespaces Private Limited, Global Biz Links Private Limited and 2 more | Director | 09 Jul 2015 | 11 Years 3 Months | Current |
Peer comparison
Merchant Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anicca Data Science Solutions Private Limited | ₹4.4 Cr (FY 2024) | -11.0% | Bangalore, Karnataka, India | |||
| Maquette Consulting Group Private Limited | ₹4.4 Cr (FY 2023) | 72.0% | Gurgaon, Haryana, India | |||
| Merchant Ventures Private Limitedthis company | ₹4.4 Cr (FY 2024) | ₹79,678 | 0.2% | -6.0% | Mumbai, Maharashtra, India | |
| Chan Capital Advisory Private Limited | ₹4.4 Cr (FY 2025) | -11.0% | Gurugram, Haryana, India |
To see the full peer comparison of Merchant Ventures Private Limited, buy the company report.
Auditor
Merchant Ventures Private Limited is audited by ASVP & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASVP & ASSOCIATES | FY 2023 | 0143350W |
Shareholding
The shareholding of Merchant Ventures 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 Merchant Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2024 | 100959633 | Axis Bank Limited | ₹1.86 Cr | Open | |
| 04 Aug 2021 | 100488027 | Hdfc Bank Limited | ₹24.99 Lakh | Open | |
| 10 Aug 2020 | 100375896 | Others | ₹31.5 Lakh | Satisfied | |
| 31 Jan 2020 | 100342558 | Others | ₹47.79 Lakh | Satisfied | |
| 27 Apr 2016 | 100024798 | Others | ₹90 Lakh | Satisfied |
To see the full charge records of Merchant Ventures Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Merchant Ventures 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 Merchant Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merchant Ventures has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM8222E1ZH | Maharashtra | Active | 02 Aug 2017 |
| 35AAJCM8222E1ZK | Andaman and Nicobar Islands | Active | 20 Aug 2019 |
To see the full GST registrations and return filing status of Merchant Ventures Private Limited, buy the company report.
Recent activity
Merchant Ventures Private Limited has 10 board changes on record since 2015: 3 appointments and 7 cessations. The latest: Jagdish Salgaonkar ceased to be Additional Director on 31 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Merchant Ventures is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 09 July 2015 (11+ years old) and is registered under CIN U74120MH2015PTC266472.
Merchant Ventures has 3 current directors:
- Jagdish Salgaonkar - Director
- Surekha Jaiwant Salvi - Director
- Alyzaa Mohammed Abbas Merchant - Director
The latest financial statements of Merchant Ventures on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Merchant Ventures is 27AAJCM8222E1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 35AAJCM8222E1ZK (Andaman and Nicobar Islands).
The CIN (Corporate Identification Number) of Merchant Ventures is U74120MH2015PTC266472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merchant Ventures was incorporated on 09 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Merchant Ventures by revenue are Anicca Data Science Solutions Private Limited, Maquette Consulting Group Private Limited, Chan Capital Advisory Private Limited, all in the Outsourcing industry (Consulting Services), with the same principal business activity (management consultancy activities).
Jagdish Salgaonkar ceased to be Additional Director on 31 Dec 2020. Jagdish Salgaonkar was appointed as Director on 01 Apr 2020. Ankit Suresh Jain ceased to be Additional Director on 29 Mar 2019. Merchant Ventures has 10 board changes on record in total.
Merchant Ventures can be reached through the website merchantventures.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Merchant Ventures is at Unit No 1105 D Square 11th Floor Opp Gokhalibai School Dadabhai Rd Vile P, Arle West, Mumbai, Maharashtra, India – 400056.
Merchant Ventures operates in the business outsourcing industry, in the business and IT consulting segment.