About Nirav Mercantile Private Limited
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Nirav Mercantile Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U16009GJ2013PTC156014. Its GSTIN is 24AAECN4170F1ZQ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Doulat Singh Devda and Anil Pandya.
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 Gandhidham, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.9 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Cr (net margin 15%) and EBITDA of ₹1.32 Cr (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 4% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹62 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niravmercantile.in.
Company details
CIN history
Nirav Mercantile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U16009GJ2013PTC156014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U16009GJ2013PTC156014 | Current |
| U16009MH2013PTC246461 | Previous |
| U74120MH2013PTC246461 | Previous |
Contact details
Nirav Mercantile Private Limited's registered office is in Gandhidham, Gujarat.
- Registered AddressUnit No. 102 103 105 203 205 303 305, Narmada Sdf Complex Phase – II Kandla Special Economic Zone, Gandhidham, Gujarat, India – 370230
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
Financials of Nirav Mercantile Private Limited
FY 2025 filings availableNirav Mercantile Private Limited reported revenue of ₹21.9 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 75% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹21.9 Cr | ||||
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| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.28 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 15% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nirav Mercantile Private Limited, buy the company report.
Board of directors of Nirav Mercantile Private Limited
Nirav Mercantile has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Doulat Singh Devda | Director | 20 Nov 2019 | 6 Years 11 Months | Current |
| Anil Pandya | Director | 07 Jan 2025 | 1 Years 9 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2016 | 100035956 | Others | ₹62 Lakh | Open |
To see the full charge records of Nirav Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nirav 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 Nirav Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirav Mercantile has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN4170F1ZQ | Gujarat | Active | 01 Jul 2017 |
| 27AAECN4170F1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirav Mercantile Private Limited, buy the company report.
Recent activity
Nirav Mercantile Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Anil Pandya was appointed as Director on 07 Jan 2025.
2 earlier events are in the company report.
Frequently asked questions
Nirav Mercantile is an active private limited company based in Gandhidham, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 July 2013 (13+ years old) and is registered under CIN U16009GJ2013PTC156014.
Nirav Mercantile has 2 current directors:
- Doulat Singh Devda - Director
- Anil Pandya - Director
The latest financial statements of Nirav 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 Nirav Mercantile is 24AAECN4170F1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECN4170F1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Nirav Mercantile is U16009GJ2013PTC156014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirav Mercantile was incorporated on 31 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anil Pandya was appointed as Director on 07 Jan 2025. Doulat Singh Devda ceased to be Additional Director on 30 Sep 2020. Anil Pandya ceased to be Director on 20 Nov 2019. Nirav Mercantile has 9 board changes on record in total.
Nirav Mercantile can be reached through the website niravmercantile.in. Its registered office is in Gandhidham, Gujarat, India.
The registered office of Nirav Mercantile is at Unit No. 102 103 105 203 205 303 305, Narmada Sdf Complex Phase – II Kandla Special Economic Zone, Gandhidham, Gujarat, India – 370230.
Nirav Mercantile operates in the consumer electronics and durables industry, in the electronics manufacturing segment.