Milan Mercantiles P Ltd
About Milan Mercantiles P Ltd
Data last updated:
Milan Mercantiles P Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 26 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U75100WB1990PTC050228.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.26 Lakh. It is led by directors Rishabh Jalan and Vedant Jalan.
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 10 Wood Street, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2023, the company reported a revenue of ₹6 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹65,814 (net margin -11%) and EBITDA of ₹23,815 (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Milan Mercantiles P has one previous CIN (Corporate Identification Number): U65921WB1990PTC050228. The current CIN is U75100WB1990PTC050228, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U75100WB1990PTC050228 | Current |
| U65921WB1990PTC050228 | Previous |
Contact details
Milan Mercantiles P Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 Wood Street, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Milan Mercantiles P 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
Financials of Milan Mercantiles P Ltd
FY 2025 filings availableMilan Mercantiles P Ltd reported revenue of ₹6 Lakh (down 35% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 35% fall in the latest year. EBITDA fell 92% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹6 Lakh | ||||
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| EBITDA | ₹23,815 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹65,814 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | -11% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Milan Mercantiles P Ltd, buy the company report.
Board of directors of Milan Mercantiles P Ltd
Milan Mercantiles P 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 |
|---|---|---|---|---|
| Rishabh Jalan Also directs: Jalan Shipping Agencies Private Limited, Brahma Commercial Ltd, Jalan Aerospace Private Limited and 5 more | Director | 10 Jun 2018 | 8 Years 4 Months | Current |
| Vedant Jalan Also directs: Jalan Shipping Agencies Private Limited, Bele Vue Real Estate Private Limited, Brahma Commercial Ltd and 5 more | Director | 07 May 2016 | 10 Years 5 Months | Current |
Auditor
Milan Mercantiles P Ltd is audited by RAHUL N AGARWAL & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHUL N AGARWAL & COMPANY | FY 2023 | 329903E |
Shareholding
The shareholding of Milan Mercantiles P 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 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 Milan Mercantiles P Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Milan Mercantiles P Ltd 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 Milan Mercantiles P Ltd; 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 Milan Mercantiles P Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Milan Mercantiles P Ltd has 5 board changes on record since 2016: 2 appointments and 3 cessations. The latest: Bimla Devi Jalan ceased to be Director on 16 Jun 2018.
Frequently asked questions
Milan Mercantiles P is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 26 November 1990 (36+ years old) and is registered under CIN U75100WB1990PTC050228.
Milan Mercantiles P has 2 current directors:
- Rishabh Jalan - Director
- Vedant Jalan - Director
The latest financial statements of Milan Mercantiles P 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 Milan Mercantiles P is U75100WB1990PTC050228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Milan Mercantiles P was incorporated on 26 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Kolkata.
Bimla Devi Jalan ceased to be Director on 16 Jun 2018. Rishabh Jalan was appointed as Director on 10 Jun 2018. Pramod Kumar Jalan ceased to be Director on 10 May 2016. Milan Mercantiles P has 5 board changes on record in total.
The registered office of Milan Mercantiles P is at 10 Wood Street, Kolkata, West Bengal, India – 700016.
Milan Mercantiles P operates in the financial services industry, in the real estate financing segment.
The compliance status of Milan Mercantiles P is compliant as of 16 August 2026. The company is actively filing with the Registrar of Companies.
Milan Mercantiles P can be reached at its registered office: 10 Wood Street, Kolkata, West Bengal, India – 700016.