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About Mercntech (India) Private Limited
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Mercntech (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 09 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2012PTC230777. Its GSTIN is 27AAHCM9482E1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Heena Merchant Mousiq and Mousiq Mushtaaq Mushtaq Ahmed Merchant.
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 402 Jalsagarika Sherley Rajan Off Carter Road Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.02 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹6.42 Lakh (net margin -25.7%) and EBITDA of -₹6.42 Lakh (EBITDA margin -25.7%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 20% over five years.
The company is associated with 1 brand: Mercntech.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercntech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address402 Jalsagarika Sherley Rajan Off Carter Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Mercntech (India) Private Limited
The main business activity of Mercntech (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mercntech (India) Private Limited FY 2025 filings available
Mercntech (India) Private Limited reported revenue of ₹25.02 Lakh (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mercntech (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 18% fall in the latest year. EBITDA rose 49% 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 of Mercntech (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹6.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.42 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 of Mercntech (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -25.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -25.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mercntech (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mercntech (India) Private Limited
Mercntech (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Five Star Exports Private Limited | ₹25.36 Lakh (FY 2020) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Icon Micro Circuits & Software Technologies Private Limited | ₹25.32 Lakh (FY 2024) | •••• | •••• | -88.0% | •••• | Chennai, Tamil Nadu, India |
| Voxelstudio One Private Limited | ₹25.32 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Noida, Uttar Pradesh, India |
| Kits Geo Tech Private Limited | ₹25.31 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Nagpur, Maharashtra, India |
| Hallmark Magnetics Mfg Private Limited | ₹25.03 Lakh (FY 2023) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| Mercntech (India) Private Limited this company | ₹25.02 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Vishwasha Ventures Private Limited | ₹25 Lakh (FY 2024) | •••• | •••• | -4.0% | •••• | Pune, Maharashtra, India |
| Samway Technosoft Private Limited | ₹24.93 Lakh (FY 2025) | •••• | •••• | 35.0% | •••• | Kurundwad, Maharashtra, India |
| Sojo Manufacturing Services (Ap) Private Limited | ₹24.92 Lakh (FY 2025) | •••• | •••• | 471.0% | •••• | Delhi, India |
| HZH Technology Private Limited | ₹24.86 Lakh (FY 2022) | •••• | •••• | •••• | Patna, Bihar, India | |
| Vizontech Innovations Private Limited | ₹24.74 Lakh (FY 2025) | •••• | •••• | 400.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Mercntech (India) by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mercntech (India) Private Limited
Auditor information for Mercntech (India) Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Mercntech (India) Private Limited
Mercntech (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Heena Merchant Mousiq | Director | 19 Jan 2018 | 8 Years 8 Months | Current |
| Mousiq Mushtaaq Mushtaq Ahmed Merchant | Director | 09 May 2012 | 14 Years 5 Months | Current |
Ownership and Shareholding of Mercntech (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mercntech (India) Private Limited
Mercntech (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Mercntech (India) Private Limited
Mercntech (India) operates one associated brand: Mercntech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provision of IT peripherals, consumables, and services in India. | mercntech.com |
Employees and EPFO Compliance at Mercntech (India) Private Limited
Employment history and EPFO contributions of people linked to Mercntech (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mercntech (India) Private Limited
Mercntech (India) Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Heena Merchant Mousiq was appointed as Director on 19 Jan 2018.
Credit Ratings, Litigation & Regulatory Alerts for Mercntech (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mercntech (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mercntech (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mercntech (India) Private Limited
Mercntech (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCM9482E1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mercntech (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mercntech (India) Private Limited
Mercntech (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 09 May 2012 (14+ years old) and is registered under CIN U72300MH2012PTC230777.
Mercntech (India) reported revenue of ₹25.02 Lakh for FY 2025 (down 18% YoY).
Mercntech (India) has 2 current directors:
- Heena Merchant Mousiq - Director
- Mousiq Mushtaaq Mushtaq Ahmed Merchant - Director
Mercntech (India) reported a net loss of ₹6.42 Lakh (net margin -25.7%) and EBITDA of -₹6.42 Lakh (EBITDA margin -25.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mercntech (India) is -15% over three years and -20% over five years. In the latest year (FY 2025) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mercntech (India) is 27AAHCM9482E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mercntech (India) is U72300MH2012PTC230777. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mercntech (India) was incorporated on 09 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mercntech (India) by revenue are Five Star Exports Private Limited, Icon Micro Circuits & Software Technologies Private Limited, Voxelstudio One Private Limited, Kits Geo Tech Private Limited, Hallmark Magnetics Mfg Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Heena Merchant Mousiq was appointed as Director on 19 Jan 2018. Mohamed Aamir Mohamed Usman Lakdawala ceased to be Additional Director on 30 Sep 2016. Mussaddiq Mushtaaq Merchant ceased to be Director on 25 Nov 2015. Mercntech (India) has 4 board changes on record in total.
Mercntech (India) can be reached through the website mercntech.com. Its registered office is in Mumbai, Maharashtra, India.