
Mudra Mercantile Private Limited
About Mudra Mercantile Private Limited
Data last updated:
Mudra Mercantile Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 11 March 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC106479.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ulka Himanshu Parab and Maithili Sachin Nikam.
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 Himgiri Chs Ltd. Plot No 195A Balaji Temple Road Sector 20 Nerul West, Navi Mumbai, Maharashtra, India – 400706.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mudra Mercantile Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address402 Himgiri Chs Ltd. Plot No 195A Balaji Temple Road Sector 20 Nerul West, Navi Mumbai, Maharashtra, India – 400706
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Mudra 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
Financials of Mudra Mercantile Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| 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 | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 Mudra Mercantile Private Limited, buy the company report.
Board of directors of Mudra Mercantile Private Limited
Mudra Mercantile has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ulka Himanshu Parab | Director | 09 Apr 1999 | 27 Years 6 Months | Current |
| Maithili Sachin Nikam Also directs: Ulka Infratech LLP, Nirvana Buildworld LLP, Ulka Instruments and Controls Private Limited and 5 more | Director | 01 Mar 2018 | 8 Years 8 Months | Current |
| Nitin Daniel Ranbhise Also directs: Re-Form Mercantile Private Limited, Mukam Finvest Limited | Director | 10 May 2019 | 7 Years 5 Months | Current |
Auditor
Mudra Mercantile Private Limited is audited by MITTAL & MITTAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MITTAL & MITTAL | FY 2017 | 106457W |
Shareholding
The shareholding of Mudra Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mudra Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mudra 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 Mudra Mercantile 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 Mudra Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mudra Mercantile Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Nitin Daniel Ranbhise was appointed as Director on 10 May 2019.
Frequently asked questions
Mudra Mercantile is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 11 March 1997 (29+ years old) and is registered under CIN U51900MH1997PTC106479.
Mudra Mercantile has 3 current directors:
- Ulka Himanshu Parab - Director
- Maithili Sachin Nikam - Director
- Nitin Daniel Ranbhise - Director
The latest financial statements of Mudra 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 CIN (Corporate Identification Number) of Mudra Mercantile is U51900MH1997PTC106479. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudra Mercantile was incorporated on 11 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Nitin Daniel Ranbhise was appointed as Director on 10 May 2019. Sachin Bhausaheb Nikam ceased to be Director on 30 Mar 2019. Maithili Sachin Nikam was appointed as Director on 01 Mar 2018. Mudra Mercantile has 5 board changes on record in total.
The registered office of Mudra Mercantile is at 402 Himgiri Chs Ltd. Plot No 195A Balaji Temple Road Sector 20 Nerul West, Navi Mumbai, Maharashtra, India – 400706.
Mudra Mercantile operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Mudra Mercantile is compliant as of 01 July 2026. The company is actively filing with the Registrar of Companies.
Mudra Mercantile can be reached at its registered office: 402 Himgiri Chs Ltd. Plot No 195A Balaji Temple Road Sector 20 Nerul West, Navi Mumbai, Maharashtra, India – 400706.

