Nica Mercantile Trade Private Limited - Company Profile

It is a business services private limited company based in Malad West, Maharashtra, India, established in 2024.

2024 Malad West, Maharashtra, India Active

Last Updated: February 03, 2026

About Nica Mercantile Trade Private Limited

Nica Mercantile Trade Private Limited, a active private limited company, was established on 02 July 2024 in Malad West, Maharashtra, India. it holds CIN: U64190MH2024PTC428206. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.12 M and a paid-up capital of ₹0.12 M.

Formerly known as M.I. Achkasov Trade Private Limited. Its leadership includes Chandrashekar Shivalingappa Payannavar (Additional Director), Savita Prabhakar (Director). Past directors included Maxim Achkasov, Mangesh Vaikunth Ramani, Savita Prabhakar. Its latest AGM occurred on 09 May 2025, with the balance sheet filed on 31 March 2025. It is based at 94/4, Malad Co Op Soc,, Podar Park, Nr Malad Stn,, Malad West, Maharashtra, 400064.

Company Details

CIN/LLPIN
U64190MH2024PTC428206
Registration Number
428206
Incorporation Date
02 July 2024
Authorized Capital
₹1.12 M
Paid-Up Capital
₹0.12 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.12 M as on 03-02-2026
Paid Up Capital ₹ 0.12 M as on 03-02-2026
Company Age 1 Year 7 Months
Last Filing with ROC 31 Mar 2025

Comprehensive Company Insights

Explore comprehensive insights into Nica Mercantile Trade Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nica Mercantile Trade Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Chandrashekar Shivalingappa Payannavar	Additional Director	01 Sep 2025	Current
Savita Prabhakar	Director	31 Mar 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Mar 2025	Past
Pramod Abcsdd	Director	01 Sep 2025	Past
Pramod Abcsdd	Additional Director	08 May 2025	Past

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Financial Performance of Nica Mercantile Trade.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

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Revenue from Operations

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Total Assets

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Profit or Loss

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Net Worth

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EBITDA

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What is the Ownership and Shareholding Structure of Nica Mercantile Trade?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Nica Mercantile Trade?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Nica Mercantile Trade

Recent Activity within the Organization

Director Appointment

The activity Chandrashekar Shivalingappa Payannavar was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2025 & has been associated with this company since 5 months 24 days . was completed.
01 Sep 2025
Annual General Meeting

Progress on Nica Mercantile Trade Private Limited last Annual general meeting of members was held on 09 May 2025 as per latest MCA records. was documented.
09 May 2025
Balance Sheet

The activity Nica Mercantile Trade Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Progress on Savita Prabhakar was appointed as a Director was appointed as a Director on 31 Mar 2025 & has been associated with this company since 10 months 25 days . was documented.
31 Mar 2025
Company Incorporation

Nica Mercantile Trade Private Limited was registered on 02 Jul 2024 with Roc Mumbai & aged 1 year 7 months as per MCA records. was recorded as a recent event.
02 Jul 2024

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Frequently Asked Questions

What is the CIN of Nica Mercantile Trade Private Limited?

The CIN of Nica Mercantile Trade Private Limited is U64190MH2024PTC428206.

Where is Nica Mercantile Trade Private Limited headquartered?

Nica Mercantile Trade Private Limited is headquartered at 94/4, Malad Co Op Soc,, Podar Park, Nr Malad Stn,, Malad West, Maharashtra, 400064.

When was Nica Mercantile Trade Private Limited incorporated?

Nica Mercantile Trade Private Limited was incorporated on 02 July 2024.

Who are the current directors of Nica Mercantile Trade Private Limited?

The current directors of Nica Mercantile Trade Private Limited are

Is Nica Mercantile Trade Private Limited a listed company?

Nica Mercantile Trade Private Limited is unlisted.

What is the capital structure of Nica Mercantile Trade Private Limited?

The authorized capital of Nica Mercantile Trade Private Limited is ₹1.12 M, and the paid-up capital is ₹0.12 M.

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