MQB Mercantiles Private Limited
About MQB Mercantiles Private Limited
Data last updated:
MQB Mercantiles Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 28 February 2023.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46639KA2023PTC170889.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Vijay Singh and Thambalageri Raja Yashavantha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.23 Lakh (net margin -1.7%) and EBITDA of -₹6.68 Lakh (EBITDA margin -1.1%).
Company details
Contact details
MQB Mercantiles Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address# 10/2 Lottegollahalli, Outer Ring Road, Bangalore, Karnataka, India – 560094
- 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 MQB Mercantiles 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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles |
To see the full business activity and turnover split of MQB Mercantiles Private Limited, buy the company report.
Financials of MQB Mercantiles Private Limited
FY 2025 filings availableMQB Mercantiles Private Limited reported revenue of ₹6.03 Cr (up 279% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 279% in the latest year. EBITDA rose 92% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹6.68 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹10.23 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.1% | ||
| Net Profit Margin | -1.7% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of MQB Mercantiles Private Limited, buy the company report.
Board of directors of MQB Mercantiles Private Limited
MQB Mercantiles has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Singh | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Thambalageri Raja Yashavantha | Director | 28 Feb 2023 | 3 Years 8 Months | Current |
| Muthanna Biddappa | Director | 28 Feb 2023 | 3 Years 8 Months | Current |
| Kirundanda Ganapathi Changappa Arun Also directs: Igmas Solutions India Private Limited | Director | 28 Feb 2023 | 3 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving MQB Mercantiles 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 MQB Mercantiles Private Limited; 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 MQB Mercantiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MQB Mercantiles Private Limited has 5 board changes on record since 2023: 4 appointments and 1 cessation. The latest: Vijay Singh ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
MQB Mercantiles is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 28 February 2023 (3+ years old) and is registered under CIN U46639KA2023PTC170889.
MQB Mercantiles has 4 current directors:
- Vijay Singh - Director
- Thambalageri Raja Yashavantha - Director
- Muthanna Biddappa - Director
- Kirundanda Ganapathi Changappa Arun - Director
The latest financial statements of MQB Mercantiles 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 FY 2023 are in the company report.
The CIN (Corporate Identification Number) of MQB Mercantiles is U46639KA2023PTC170889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MQB Mercantiles was incorporated on 28 February 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Vijay Singh ceased to be Additional Director on 29 Sep 2024. Vijay Singh was appointed as Director on 14 Feb 2024. Kirundanda Ganapathi Changappa Arun was appointed as Director on 28 Feb 2023. MQB Mercantiles has 5 board changes on record in total.
The registered office of MQB Mercantiles is at # 102 Lottegollahalli, Outer Ring Road, Bangalore, Karnataka, India – 560094.
MQB Mercantiles can be reached at its registered office: # 102 Lottegollahalli, Outer Ring Road, Bangalore, Karnataka, India – 560094.
MQB Mercantiles is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.
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