About Murad Mercantile Private Limited
Data last updated:
Murad Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 September 2012.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC235640. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Reena Nigam and Hemant Jai Chaturvedi.
Its last annual general meeting (AGM) was held on 27 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Office No. 307 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2016, the company reported a revenue of ₹70.45 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹66,983 (net margin 0%) and EBITDA of ₹1.02 Lakh (EBITDA margin 0%).
The last known website on record is muradmercantile.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice No. 307 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
The main business activity of Murad Mercantile is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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
Financials of Murad Mercantile Private Limited
FY 2016 filings availableMurad Mercantile Private Limited reported revenue of ₹70.45 Cr (up 4% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year. EBITDA rose 41% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹70.45 Cr | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | ₹1.02 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹66,983 | |
| 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 2015-16 | FY 2014-15in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0% | |
| Net Profit Margin | 0% | |
| 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, and every line for FY 2014-15, 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 Murad Mercantile are in the company report.
: available in the company report
Board of Directors of Murad Mercantile Private Limited
Murad Mercantile has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reena Nigam | Additional Director | 03 May 2019 | 7 Years 5 Months | As last reported |
| Hemant Jai Chaturvedi | Additional Director | 03 May 2019 | 7 Years 5 Months | As last reported |
Peer Comparison
Murad Mercantile Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shalibhadra Cottrade Private Limited | ₹71.09 Cr (FY 2018) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Punit Yarn Agency Private Limited | ₹71.06 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| Murad Mercantile Private Limited this company | ₹70.45 Cr (FY 2016) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
| Positex Private Limited | ₹70.08 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Delhi, India |
| Pristine Textiles India Private Limited | ₹69.86 Cr (FY 2024) | •••• | •••• | 106.0% | •••• | Bhiwandi, Maharashtra, India |
| Paramsidh Yarn Private Limited | ₹69.78 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Pune, Maharashtra, India |
Peers are the companies nearest to Murad Mercantile by revenue, above and below it, in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Murad Mercantile Private Limited is audited by ARPIT GUPTA & ASSOCIATES for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARPIT GUPTA & ASSOCIATES | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Murad Mercantile Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Murad Mercantile.
: available in the company report
Recent Activity
Murad Mercantile Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Reena Nigam ceased to be Additional Director on 20 Feb 2020.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Murad Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Murad Mercantile is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Murad Mercantile is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 September 2012 and is registered under CIN U51101MH2012PTC235640. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Murad Mercantile has 2 current directors:
- Reena Nigam - Additional Director
- Hemant Jai Chaturvedi - Additional Director
The latest financial statements of Murad Mercantile on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 27 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Murad Mercantile is U51101MH2012PTC235640. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Murad Mercantile was incorporated on 12 September 2012. It is registered with the Registrar of Companies, Mumbai.
The peers of Murad Mercantile by revenue are Shalibhadra Cottrade Private Limited, Punit Yarn Agency Private Limited, Positex Private Limited, Pristine Textiles India Private Limited, Paramsidh Yarn Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Reena Nigam ceased to be Additional Director on 20 Feb 2020. Nikunj Krishankumar Goyal ceased to be Additional Director on 04 May 2019. Hemant Jai Chaturvedi was appointed as Additional Director on 03 May 2019. Murad Mercantile has 12 board changes on record in total.
Murad Mercantile can be reached through the website muradmercantile.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Murad Mercantile is at Office No. 307 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021.
No. Murad Mercantile has 1 GST registration on record and it is cancelled or inactive.