Modi Mercantile Private Limited
About Modi Mercantile Private Limited
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Modi Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 02 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2009PTC189314. Its GSTIN is 27AAFCM9110M1Z7 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Modi Non Ferrous Private Limited. It is led by directors including Ghanshyamnath Birednath Modi and Sarla Ghanshyamnath Modi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.25 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.2 Lakh (net margin 1%) and EBITDA of ₹4.26 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years and 10% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Modi Mercantile has one previous CIN (Corporate Identification Number): U27101MH2009PTC189314. The current CIN is U51900MH2009PTC189314, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH2009PTC189314 | Current |
| U27101MH2009PTC189314 | Previous |
Contact details
Modi Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 11 Gokul Apts 2nd Dadabhai Cross Road Vile Parle (Wes, T), Mumbai, Maharashtra, India – 400056
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Modi Mercantile 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 Modi Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Modi Mercantile Private Limited, buy the company report.
Financials of Modi Mercantile Private Limited
FY 2025 filings availableModi Mercantile Private Limited reported revenue of ₹1.25 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 14% growth in the latest year. EBITDA fell 60% 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 |
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| EBITDA | ₹4.26 Lakh | ||||
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| Net Profit (PAT) | ₹1.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Modi Mercantile Private Limited, buy the company report.
Board of directors of Modi Mercantile Private Limited
Modi Mercantile has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghanshyamnath Birednath Modi | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
| Sarla Ghanshyamnath Modi | Director | 02 Jan 2009 | 17 Years 9 Months | Current |
| Chandani Amit Modi | Director | 06 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Modi Mercantile Private Limited is audited by MEHTA SINGHVI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHTA SINGHVI & ASSOCIATES | FY 2018 | 122217W |
Shareholding
The shareholding of Modi Mercantile Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Modi Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Modi Mercantile 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 Modi Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modi Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM9110M1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modi Mercantile Private Limited, buy the company report.
Recent activity
Modi Mercantile Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Chandani Amit Modi was appointed as Director on 06 Mar 2014.
Frequently asked questions
Modi Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 02 January 2009 (17+ years old) and is registered under CIN U51900MH2009PTC189314.
Modi Mercantile has 3 current directors:
- Ghanshyamnath Birednath Modi - Director
- Sarla Ghanshyamnath Modi - Director
- Chandani Amit Modi - Director
The latest financial statements of Modi Mercantile 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 Modi Mercantile is 27AAFCM9110M1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Modi Mercantile is U51900MH2009PTC189314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modi Mercantile was incorporated on 02 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandani Amit Modi was appointed as Director on 06 Mar 2014. Ghanshyamnath Birednath Modi was appointed as Director on 02 Jan 2009. Sarla Ghanshyamnath Modi was appointed as Director on 02 Jan 2009.
The registered office of Modi Mercantile is at Flat No. 11 Gokul Apts 2nd Dadabhai Cross Road Vile Parle Wes, T, Mumbai, Maharashtra, India – 400056.
Modi Mercantile operates in the machinery and equipment industry, in the industrial products retail and distribution segment.
The compliance status of Modi Mercantile is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.