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 The company has 1 GST registration on record, which is no longer active.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.
Company details
Contact details
Murad Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its website is muradmercantile.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 307 Maker Chamber V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Murad 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 Murad Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Murad Mercantile Private Limited, buy the company report.
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 2014-15 |
|---|---|---|
| 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 2014-15 |
|---|---|---|
| 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 | ||
To see the full financial statements and ratios of Murad Mercantile Private Limited, buy 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 5 companies closest to it by revenue 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.
| 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 Limitedthis company | ₹70.45 Cr (FY 2016) | ₹66,983 | 0% | 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 |
To see the full peer comparison of Murad Mercantile Private Limited, buy the company report.
Auditor
Murad Mercantile Private Limited is audited by ARPIT GUPTA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARPIT GUPTA & ASSOCIATES | FY 2016 | 020801N |
Shareholding
The shareholding of Murad Mercantile Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Murad Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Murad 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 Murad Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Murad Mercantile Private Limited, buy 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 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.