Nidhi Mercantiles Limited - Company Profile

It is a metals and minerals public limited company based in Mumbai, Maharashtra, India, established in 1985.
1985 Mumbai, Maharashtra, India Active
Last Updated:
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About Nidhi Mercantiles Limited

Nidhi Mercantiles Limited, a active public limited company, was established on 06 February 1985 in Mumbai, Maharashtra, India. Engaging in metal retail & distribution within the real estate sector, it holds CIN: L51909MH1985PLC138577. Registered under ROC Roc Mumbai I. it is listed. It has an authorized capital of ₹1.26 Cr and a paid-up capital of ₹1.26 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹5.08 Cr and a net worth of ₹162.58 Cr. Its leadership includes Ladhu Soni Lal (Managing Director), Rajendra Kumar Kaliya (Director), Kapil Malpani (Director). Past directors included Ramesh Chandra Banger, Ladhu Soni Lal, Vishakha Shashikant Bhai Pandya. It holds ₹283.03 Cr open charges and ₹82.00 Cr settled loans. Its latest AGM occurred on 22 September 2025, with the balance sheet filed on 31 March 2025. It is based at B/306-309, Dynasty Business Park Opp. Sangam Cinema, A. K. Road, Andheri, (E), Mumbai, Maharashtra, 400059.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L51909MH1985PLC138577

  • Registration Number

    138577

  • Incorporation Date

    06 February 1985

  • Authorized Capital

    ₹1.26 Cr

  • Paid-Up Capital

    ₹1.26 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.26 Cr
  • Paid Up Capital ₹ 1.26 Cr
  • Company Age 41 Year, 14 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 283.03 Cr
  • Satisfied Charges ₹ 82.00 Cr
  • Revenue Growth **** -11.45%
  • Profit Growth **** 18.59%
  • Ebitda **** -109.92%
  • Net Worth -8.87%
  • Total Assets -7.45%
Company report

Nidhi Mercantiles Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nidhi Mercantiles 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 Nidhi Mercantiles Limited?
Current Directors
Name Designation Appointment Date Status
Ladhu Soni Lal Managing Director 20 Jan 2007 Current
Rajendra Kumar Kaliya Director 12 Aug 2024 Current
Kapil Malpani Director 12 Aug 2022 Current
Poornima Maheshwari Director 13 Aug 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 31 Mar 2019 Past
Pramod Abcsdd Director 13 Aug 2014 Past
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Director 12 Aug 2022 Past
Pramod Abcsdd Director 02 Feb 2009 Past
Pramod Abcsdd Additional Director 11 Sep 2024 Past

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Financial Performance of Nidhi Mercantiles.

Nidhi Mercantiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.45% decrease. The company also saw a substantial improvement in profitability, with a 18.59% increase in profit. The company's net worth dipped by a decrease of 8.87%.

Nidhi Mercantiles revenue growth over time
Nidhi Mercantiles profit and loss trends over time
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
  • 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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 -11.45%
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Revenue from Operations
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 -45.57%
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Total Assets
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 -7.45%
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Profit or Loss
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 18.59%
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Net Worth
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 -8.87%
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EBITDA
*******
 -109.92%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nidhi Mercantiles?

In 2023, Nidhi Mercantiles had a promoter holding of 52.17% and a public holding of 47.83%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹2,830,275,828.00

Satisfied Charges

₹820,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 283.03 Cr
Latest Charge Details
Date Lender Amount Status
29 Nov 2022 Others ₹283.03 Cr Open
15 Jun 2017 Others ₹12.00 Cr Satisfied
06 Mar 2017 Others ₹5.00 Cr Satisfied
12 Jul 2012 The Peoples Co - Operative Bank Ltd. Hingoli ₹5.00 Cr Satisfied
05 Jan 2011 Uco Bank ₹20.00 Cr Satisfied

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How Many Employees Work at Nidhi Mercantiles?

Unlock and access historical data on people associated with Nidhi Mercantiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nidhi Mercantiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nidhi Mercantiles's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nidhi Mercantiles
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Nidhi Mercantiles Limited last Annual general meeting of members was held on 22 Sep 2025 as per latest MCA records. was documented.

  • Director Appointment

    Poornima Maheshwari was appointed as a Director was appointed as a Director on 13 Aug 2025 & has been associated with this company since 6 months 10 days . was recorded as a recent event.

  • Balance Sheet

    Progress on Nidhi Mercantiles Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was documented.

  • Director Appointment

    Progress on Rajendra Kumar Kaliya was appointed as a Director was appointed as a Director on 12 Aug 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Charges

    A charge with Others of Rs. 283.03 Cr registered on 29 Nov 2022 with Charge ID 100654741 was modified on 12 Feb 2024. was recorded as a recent event.

  • Director Appointment

    The activity Neha Jagetia was appointed as a CFO was appointed as a CFO on 17 May 2023 & has been associated with this company since 2 years 9 months . was completed.

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Frequently Asked Questions
What is the CIN of Nidhi Mercantiles Limited?

The CIN of Nidhi Mercantiles Limited is L51909MH1985PLC138577.

Where is Nidhi Mercantiles Limited headquartered?

Nidhi Mercantiles Limited is headquartered at B/306-309, Dynasty Business Park Opp. Sangam Cinema, A. K. Road, Andheri, (E), Mumbai, Maharashtra, 400059.

When was Nidhi Mercantiles Limited incorporated?

Nidhi Mercantiles Limited was incorporated on 06 February 1985.

Who are the current directors of Nidhi Mercantiles Limited?

The current directors of Nidhi Mercantiles Limited are

What is the primary industry of Nidhi Mercantiles Limited?

The primary industry of Nidhi Mercantiles Limited is Real Estate.

Is Nidhi Mercantiles Limited a listed company?

Nidhi Mercantiles Limited is listed.

What is the capital structure of Nidhi Mercantiles Limited?

The authorized capital of Nidhi Mercantiles Limited is ₹1.26 Cr, and the paid-up capital is ₹1.26 Cr.

What is the compliance status of Nidhi Mercantiles Limited?

The compliance status of Nidhi Mercantiles Limited is Compliant.

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