Neeshal Merchandising Private Limited
About Neeshal Merchandising Private Limited
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Neeshal Merchandising Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 19 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC167152. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neeshal Merchandising Private Limied. It is led by directors Hemant Dahyalal Bhatt and Ramesh Madhavdas Assar.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No.64 – H/1 Ground Floor Bansilal Building J. S. Road Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.09 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹6.29 Lakh (net margin -5.8%) and EBITDA of ₹27.29 Lakh (EBITDA margin 25.1%).
As per MCA filings, the company has satisfied charges of ₹9.24 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Neeshal Merchandising Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.64 – H/1 Ground Floor Bansilal Building J. S. Road Opera House, Mumbai, Maharashtra, India – 400004
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Neeshal Merchandising 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 Neeshal Merchandising is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Neeshal Merchandising Private Limited, buy the company report.
Financials of Neeshal Merchandising Private Limited
FY 2017 filings availableNeeshal Merchandising Private Limited reported revenue of ₹1.09 Cr (down 9% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year. EBITDA fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.09 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹27.29 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6.29 Lakh | ||
| 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 | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 25.1% | ||
| Net Profit Margin | -5.8% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
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| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
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| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Neeshal Merchandising Private Limited, buy the company report.
Board of directors of Neeshal Merchandising Private Limited
Neeshal Merchandising has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Dahyalal Bhatt | Director | 19 Jan 2007 | 19 Years 9 Months | Current |
| Ramesh Madhavdas Assar Also directs: NDM Enterprises Private Limited, Neeshal Marketing Private Limited, Neeshal Trading Private Limited and 5 more | Director | 02 Apr 2012 | 14 Years 7 Months | Current |
Peer comparison
Neeshal Merchandising Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subhadra Energy Private Limited | ₹1.13 Cr (FY 2024) | 59.0% | Hyderabad, Telangana, India | |||
| Vraj Energy Private Limited | ₹1.11 Cr (FY 2025) | 1241.0% | Viramgam, Gujarat, India | |||
| Aster Solar Power Private Limited | ₹1.1 Cr (FY 2025) | 5.0% | Chandigarh, India | |||
| Neeshal Merchandising Private Limitedthis company | ₹1.09 Cr (FY 2017) | -₹6.29 Lakh | -5.8% | -9.0% | Mumbai, Maharashtra, India | |
| Jindal Power Distribution Limited | ₹1.08 Cr (FY 2025) | -20.0% | New Delhi, Delhi, India |
To see the full peer comparison of Neeshal Merchandising Private Limited, buy the company report.
Auditor
Neeshal Merchandising Private Limited is audited by SAMPAT & MEHTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMPAT & MEHTA | FY 2017 | 109031W |
Shareholding
The shareholding of Neeshal Merchandising 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 Neeshal Merchandising Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2010 | 10264179 | Oriental Bank of Commerce | ₹9.24 Cr | Satisfied |
To see the full charge records of Neeshal Merchandising Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Neeshal Merchandising 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 Neeshal Merchandising Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neeshal Merchandising has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Neeshal Merchandising Private Limited, buy the company report.
Recent activity
Neeshal Merchandising Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018.
Frequently asked questions
Neeshal Merchandising is an active private limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 19 January 2007 (19+ years old) and is registered under CIN U74999MH2007PTC167152.
Neeshal Merchandising has 2 current directors:
- Hemant Dahyalal Bhatt - Director
- Ramesh Madhavdas Assar - Director
The latest financial statements of Neeshal Merchandising on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Neeshal Merchandising has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Neeshal Merchandising is U74999MH2007PTC167152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neeshal Merchandising was incorporated on 19 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neeshal Merchandising by revenue are Subhadra Energy Private Limited, Vraj Energy Private Limited, Aster Solar Power Private Limited, Jindal Power Distribution Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Ramesh Madhavdas Assar ceased to be Director on 05 Sep 2018. Anant Shivram Bhuwad ceased to be Director on 02 Apr 2012. Ramesh Madhavdas Assar was appointed as Director on 02 Apr 2012. Neeshal Merchandising has 6 board changes on record in total.
The registered office of Neeshal Merchandising is at No.64 – H1 Ground Floor Bansilal Building J. S. Road Opera House, Mumbai, Maharashtra, India – 400004.
Neeshal Merchandising operates in the energy and power industry, in the power transmission and distribution services segment.
Neeshal Merchandising has no open charges and satisfied charges of ₹9.24 Cr as per latest MCA filings.
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