Niku Mercantile Private Limited
About Niku Mercantile Private Limited
Data last updated:
Niku Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 17 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1992PTC065953. Its GSTIN is 27AAACN6871F1ZC (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹31.05 Lakh. It is led by directors Tulika Vikram Mehrotra and Vikram Surendra Mehrotra.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹98.57 Lakh (net margin 14.2%) and EBITDA of ₹4.3 Cr (EBITDA margin 61.9%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Niku Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3A Trivedi Niwas, New Nagardas Road, Mumbai, Maharashtra, India – 400069
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Niku 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 Niku Mercantile is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
Financials of Niku Mercantile Private Limited
FY 2025 filings availableNiku Mercantile Private Limited reported revenue of ₹6.95 Cr (up 543% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 543% growth in the latest year. EBITDA rose 751% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.3 Cr | ||||
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| Net Profit (PAT) | ₹98.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.9% | ||||
| Net Profit Margin | 14.2% | ||||
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To see the full financial statements and ratios of Niku Mercantile Private Limited, buy the company report.
Board of directors of Niku Mercantile Private Limited
Niku Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tulika Vikram Mehrotra Also directs: Ascent Investment Services LLP, Sig Properties Private Limited | Director | 04 Oct 2013 | 13 Years 1 Months | Current |
| Vikram Surendra Mehrotra | Director | 27 Jun 2012 | 14 Years 4 Months | Current |
Auditor
Niku Mercantile Private Limited is audited by Kiran Thakkar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kiran Thakkar & Co | FY 2023 | 147863W |
Shareholding
The shareholding of Niku Mercantile Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Niku Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 1993 | 90365132 | State Bank of Indore | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Niku Mercantile Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax Central 4 | Disposed |
To see the full case history of Niku Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Niku Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Niku Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6871F1ZC | Maharashtra | Active | 03 Apr 2021 |
To see the full GST registrations and return filing status of Niku Mercantile Private Limited, buy the company report.
Recent activity
Niku Mercantile Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Tulika Vikram Mehrotra ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Niku Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 17 March 1992 (34+ years old) and is registered under CIN U51900MH1992PTC065953.
Niku Mercantile has 2 current directors:
- Tulika Vikram Mehrotra - Director
- Vikram Surendra Mehrotra - Director
The latest financial statements of Niku Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Niku Mercantile is 27AAACN6871F1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Niku Mercantile is U51900MH1992PTC065953. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niku Mercantile has 1 court case on record: 1 filed against it.
Niku Mercantile was incorporated on 17 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Tulika Vikram Mehrotra ceased to be Additional Director on 30 Sep 2014. Ruchi Vikram Mehrotra ceased to be Director on 04 Oct 2013. Tulika Vikram Mehrotra was appointed as Director on 04 Oct 2013. Niku Mercantile has 8 board changes on record in total.
The registered office of Niku Mercantile is at 3A Trivedi Niwas, New Nagardas Road, Mumbai, Maharashtra, India – 400069.
Niku Mercantile operates in the financial services industry, in the diversified financial services segment.
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