
Panorama Mercantile Private Limited
About Panorama Mercantile Private Limited
Data last updated:
Panorama Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 19 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U65999MH1993PTC072955. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Sonal Chetan Mehta and Chetan Jashwant Mehta.
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 B – 145/146 Mittal Towernariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.15 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹13.75 Lakh (net margin -97.2%) and EBITDA of ₹12.19 Lakh (EBITDA margin 86.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Panorama Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 145/146 Mittal Towernariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Panorama 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 Panorama Mercantile is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Panorama Mercantile Private Limited, buy the company report.
Financials of Panorama Mercantile Private Limited
FY 2025 filings availablePanorama Mercantile Private Limited reported revenue of ₹14.15 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.19 Lakh | ||||
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| Net Profit (PAT) | -₹13.75 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 86.2% | ||||
| Net Profit Margin | -97.2% | ||||
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To see the full financial statements and ratios of Panorama Mercantile Private Limited, buy the company report.
Board of directors of Panorama Mercantile Private Limited
Panorama Mercantile has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Chetan Mehta Also directs: Mercury Realtors Private Limited, Myo Hospitality LLP, Juhu Tours and Travels Private Limited and 1 more | Director | 21 Jan 2002 | 24 Years 9 Months | Current |
| Chetan Jashwant Mehta Also directs: Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited, Panorama Finvestrade Private Limited and 5 more | Director | 07 May 2012 | 14 Years 6 Months | Current |
| Pramila Jashwant Mehta Also directs: Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited, Panorama Finvestrade Private Limited and 2 more | Director | 07 May 2012 | 14 Years 6 Months | Current |
| Jashwant Bhaichand Mehta Also directs: Emerald Leisures Limited, Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited and 2 more | Director | 07 May 2012 | 14 Years 6 Months | Current |
Auditor
Panorama Mercantile Private Limited is audited by DIPESH J MEHTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIPESH J MEHTA & CO | FY 2021 | 102639W |
Shareholding
The shareholding of Panorama Mercantile Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Panorama Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panorama 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 Panorama Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panorama Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panorama Mercantile Private Limited, buy the company report.
Recent activity
Panorama Mercantile Private Limited has 8 board changes on record since 2002: 4 appointments and 4 cessations. The latest: Dharmesh Harish Mehta ceased to be Director on 29 Oct 2021.
Frequently asked questions
Panorama Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 19 July 1993 (33+ years old) and is registered under CIN U65999MH1993PTC072955.
Panorama Mercantile has 4 current directors:
- Sonal Chetan Mehta - Director
- Chetan Jashwant Mehta - Director
- Pramila Jashwant Mehta - Director
- Jashwant Bhaichand Mehta - Director
The latest financial statements of Panorama 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.
No. Panorama Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Panorama Mercantile is U65999MH1993PTC072955. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panorama Mercantile was incorporated on 19 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Dharmesh Harish Mehta ceased to be Director on 29 Oct 2021. Chetan Jashwant Mehta ceased to be Additional Director on 30 Sep 2016. Jashwant Bhaichand Mehta ceased to be Additional Director on 30 Sep 2016. Panorama Mercantile has 8 board changes on record in total.
The registered office of Panorama Mercantile is at B – 145146 Mittal Towernariman Point, Mumbai, Maharashtra, India – 400021.
Panorama Mercantile operates in the financial services industry, in the real estate financing segment.
The compliance status of Panorama Mercantile is active non-compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.

