Ornate Mercantile Private Limited

Ornate Mercantile Private Limited - metals and minerals in Bilaspur, Chhattisgarh, India. FY 2026 financials & compliance.
CIN U51909CT2017PTC008217 Incorporated 12 October 2017 ROC Chhattisgarh HQ Bilaspur, Chhattisgarh, India
Active Private Limited Company metals and minerals MSME · Medium
Data last updated
Revenue · FY 2025
₹157.94 Cr
▼ 50% YoY
Net profit · FY 2025
₹1.84 Cr
Net margin 1.2%
EBITDA · FY 2025
₹4.85 Cr
EBITDA margin 3.1%
Authorised capital
₹5.1 Cr
Registered with MCA
Paid-up capital
₹5.09 Cr
Issued & subscribed
Open charges
₹60.3 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About Ornate Mercantile Private Limited

Data last updated:

Ornate Mercantile Private Limited is a private limited company based in Bilaspur, Chhattisgarh, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 October 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51909CT2017PTC008217. Its GSTIN is 22AACCO5820H1ZS (Chattisgarh). The company holds 10 GST registrations, of which 6 are active.

The company has an authorised share capital of ₹5.1 Cr and a paid-up capital of ₹5.09 Cr. It is led by directors Aman Agrawal and Ashok Kumar Agrawal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bf – 1 First Floor Rajiv Plaza Opp. Axis Bank, Bilaspur, Chhattisgarh, India – 495001.

As per the financials filed for FY 2025, the company reported a revenue of ₹157.94 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 1.2%) and EBITDA of ₹4.85 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 84% over five years.

As per MCA filings, the company has open charges of ₹60.3 Cr on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 5 cases are pending. The company has 3 deals on record (3 rights issues); the latest was in January 2024. Its 5 peer companies in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Rajputana General Commercial Corp Pvt Ltd with revenue of ₹161.71 Cr.

Ornate Mercantile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-02-0004928). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909CT2017PTC008217
Registration Number 008217
Incorporation Date 12 October 2017
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CG-02-0004928
Key People
Aman Agrawal Director Ashok Kumar Agrawal Director

Recognitions & Rankings of Ornate Mercantile

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-CG-02-0004928

Contact details

Ornate Mercantile Private Limited's registered office is in Bilaspur, Chhattisgarh. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Bf – 1 First Floor Rajiv Plaza Opp. Axis Bank, Bilaspur, Chhattisgarh, India – 495001
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Ornate Mercantile Private Limited, buy the company report.

Comprehensive company report
Ornate Mercantile Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ornate Mercantile is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Ornate Mercantile Private Limited, buy the company report.

Financials of Ornate Mercantile Private Limited

FY 2024 filings available

Ornate Mercantile Private Limited reported revenue of ₹157.94 Cr (down 50% YoY) for FY 2025.

Revenue · FY 2025
₹157.94 Cr ▼ 50%
Net profit · FY 2025
₹1.84 Cr margin 1.2%
EBITDA · FY 2025
₹4.85 Cr margin 3.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▲ 4%
5 years · compounded
▲ 84%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 38%
5 years · compounded
▲ 79%

Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA fell 29% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.85 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.84 Cr
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
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.1%
Net Profit Margin1.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Ornate Mercantile Private Limited, buy the company report.

Board of directors of Ornate Mercantile Private Limited

Ornate Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aman Agrawal
Also directs: Jayem Buildtech LLP, Bilaspur Infrastructures Private Limited, Jayem Holdings Private Limited and 4 more
Director15 May 20197 Years 5 MonthsCurrent
Ashok Kumar Agrawal
Also directs: Jayem Buildtech LLP, Bilaspur Infrastructures Private Limited, Jayem Holdings Private Limited and 2 more
Director12 Oct 20179 Years 0 MonthsCurrent
View all directors

Peer comparison

Ornate Mercantile Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rajputana General Commercial Corp Pvt Ltd₹161.71 Cr (FY 2018)-65.0%Kolkata, West Bengal, India
Latisha Sales Agencies Private Limited₹161.19 Cr (FY 2018)489.0%Navi Mumbai, Maharashtra, India
SKGC Minerals Limited₹159.88 Cr (FY 2025)44.0%Delhi, India
Ornate Mercantile Private Limitedthis company₹157.94 Cr (FY 2025)₹1.84 Cr1.2%-50.0%Bilaspur, Chhattisgarh, India
Super Ispat (Raipur) Private Limited₹156.91 Cr (FY 2025)47.0%Raipur, Chhattisgarh, India
National Ventures Private Limited₹156.52 Cr (FY 2025)34.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Ornate Mercantile Private Limited, buy the company report.

Auditor

Ornate Mercantile Private Limited is audited by A K Didwania & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A K Didwania & CoFY 2023062073

Shareholding

The shareholding of Ornate 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ornate Mercantile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹60.3 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹60.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Jun 2024100938853Others₹1 CrOpen
15 May 2024100917830Others₹4 CrOpen
10 Nov 2023100861702Others₹11.8 CrOpen
08 Dec 2021100517215Others₹1 CrOpen
26 Nov 2020100388677Others₹42.5 CrOpen

To see the full charge records of Ornate Mercantile Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Ornate Mercantile Private Limited has 3 deals on record (3 rights issues); the latest was in January 2024.

Total deals
3
Rights issues
3

Deals on record (3 of 3)

WhenDealAmountParties
Jan 2024Rights issue₹6 CrInvestors: an individual
Oct 2020Rights issue₹2.46 CrInvestors: 2 individuals
Feb 2018Rights issue₹82.5 LakhInvestors: Jayem Holdings Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ornate Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ornate Mercantile has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Ornate Mercantile has 10 GST registrations: 6 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
10
Active
6
Cancelled / inactive
4
GSTINStateStatusRegistered on
22AACCO5820H1ZSChattisgarhActive31 Oct 2017
21AACCO5820H1ZUOdishaActive01 Sep 2018
01AACCO5820H1ZWJammu and KashmirActive12 Feb 2021
36AACCO5820H1ZJTelanganaActive01 Dec 2022

To see the full GST registrations and return filing status of Ornate Mercantile Private Limited, buy the company report.

Recent activity

Ornate Mercantile Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Aman Agrawal ceased to be Additional Director on 30 Sep 2019.

AGM
Ornate Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100938853 was registered on 24 Jun 2024.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100917830 was registered on 15 May 2024.
Filing
Ornate Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.
Charges
A charge with Others of Rs. 42.50 Cr registered on 26 Nov 2020 with Charge ID 100388677 was modified on 18 Jan 2024.
Charges
A charge with Others amounted to Rs. 11.80 Cr with Charge ID 100861702 was registered on 10 Nov 2023.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100517215 was registered on 08 Dec 2021.
Charges
A charge with Others amounted to Rs. 42.50 Cr with Charge ID 100388677 was registered on 26 Nov 2020.
Ceased
Aman Agrawal ceased to be Additional Director.
Appointed
Aman Agrawal was appointed as Director.
Ceased
Sunil Choudhary ceased to be Director.
Appointed
Ashok Kumar Agrawal was appointed as Director.

1 earlier event is in the company report.

Frequently asked questions

Ornate Mercantile is an active private limited company based in Bilaspur, Chhattisgarh, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 October 2017 (9+ years old) and is registered under CIN U51909CT2017PTC008217.

Ornate Mercantile has 2 current directors:

The latest financial statements of Ornate Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Ornate Mercantile is 22AACCO5820H1ZS, registered in Chattisgarh. The company has 10 GST registrations in all, of which 6 are active and 4 are cancelled or inactive. Other active GSTINs include 21AACCO5820H1ZU (Odisha), 01AACCO5820H1ZW (Jammu and Kashmir), 36AACCO5820H1ZJ (Telangana).

The CIN (Corporate Identification Number) of Ornate Mercantile is U51909CT2017PTC008217. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ornate Mercantile has 8 court cases on record: 7 filed by the company and 1 filed against it. 5 are pending.

Ornate Mercantile was incorporated on 12 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chhattisgarh.

Ornate Mercantile has 3 deals on record (3 rights issues); the latest was in January 2024.

The peers of Ornate Mercantile by revenue are Rajputana General Commercial Corp Pvt Ltd, Latisha Sales Agencies Private Limited, SKGC Minerals Limited, Super Ispat (Raipur) Private Limited, National Ventures Private Limited, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Aman Agrawal ceased to be Additional Director on 30 Sep 2019. Aman Agrawal was appointed as Director on 15 May 2019. Sunil Choudhary ceased to be Director on 15 May 2019. Ornate Mercantile has 4 board changes on record in total.

Yes, Ornate Mercantile is registered as a medium enterprise under Udyam registration (number: UDYAM-CG-02-0004928).