PMJ Mercantile Private Limited
About PMJ Mercantile Private Limited
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PMJ Mercantile Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 14 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74210UP1995PTC018242.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.01 Cr. It was formerly known as Kanudia Capital and Management Services Private Limited. It is led by directors Mahesh Chandra Jain and Karuna Prashant Jain.
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 24/40 Jain Viharbirahana Road Kanpur, Uttar Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Lakh, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹3.06 Lakh (net margin -105.7%) and EBITDA of ₹69,470 (EBITDA margin 24%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹100 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
PMJ Mercantile has undergone 3 name changes throughout its history. The company was previously known as Kanudia Capital And Management Services Private Limited, Pmj Mercantile Private Limited, and Pmj Enterprises Private Limited. The current legal name is Pmj Mercantile Private Limited.
| Company Name | Status |
|---|---|
| PMJ Mercantile Private Limited | Current |
| Kanudia Capital And Management Services Private Limited | Previous |
| Pmj Enterprises Private Limited | Previous |
Contact details
PMJ Mercantile Private Limited's registered office is in Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address24/40 Jain Viharbirahana Road Kanpur, Uttar Pradesh, India
- IndustryFinancial Services, Brokerage & Trading Services, Diversified Financial Services
To see the full contact details of PMJ 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
Financials of PMJ Mercantile Private Limited
FY 2025 filings availablePMJ Mercantile Private Limited reported revenue of ₹2.9 Lakh (down 61% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 61% fall in the latest year. EBITDA fell 88% 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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| Total Expenses | |||||
| EBITDA | ₹69,470 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.06 Lakh | ||||
| Balance Sheet | |||||
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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 | 24% | ||||
| Net Profit Margin | -105.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of PMJ Mercantile Private Limited, buy the company report.
Board of directors of PMJ Mercantile Private Limited
PMJ Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Chandra Jain | Director | 24 Apr 2017 | 9 Years 6 Months | Current |
| Karuna Prashant Jain Also directs: P.M. Interseas Private Limited, Sarvapratham Traders and Dealers Private Limited, Golden Comtrade Private Limited and 5 more | Additional Director | 15 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
PMJ Mercantile Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Swagata Consultancy Services Private Limited | ₹2.93 Lakh (FY 2016) | -46.0% | Kolkata, West Bengal, India | |||
| Karniraj Ventures Private Limited | ₹2.91 Lakh (FY 2024) | 28.0% | Kolkata, West Bengal, India | |||
| New Era Stock and Share Brokers Private Limited. | ₹2.9 Lakh (FY 2025) | -44.0% | Delhi, India | |||
| PMJ Mercantile Private Limitedthis company | ₹2.9 Lakh (FY 2024) | -₹3.06 Lakh | -105.7% | -61.0% | Uttar Pradesh, India | |
| Mideast Investments Private Limited | ₹2.88 Lakh (FY 2024) | 46.0% | Hyderabad, Telangana, India |
To see the full peer comparison of PMJ Mercantile Private Limited, buy the company report.
Auditor
PMJ Mercantile Private Limited is audited by Om Rastogi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Om Rastogi & Co. | FY 2023 | 002604C |
Shareholding
The shareholding of PMJ 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of PMJ Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2025 | 101097557 | State Bank of India | ₹100 Cr | Open |
Total charge records: 1 View all charges
Legal cases
PMJ Mercantile Private Limited has 2 court cases on record: 2 filed by PMJ Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against Union of India and 2 Others | Disposed |
To see the full case history of PMJ 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 PMJ Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for PMJ Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
PMJ Mercantile Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Amit Nevatia ceased to be Director on 20 Nov 2017.
2 earlier events are in the company report.
Frequently asked questions
PMJ Mercantile is an active private limited company based in Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 14 June 1995 (31+ years old) and is registered under CIN U74210UP1995PTC018242.
PMJ Mercantile has 2 current directors:
- Mahesh Chandra Jain - Director
- Karuna Prashant Jain - Additional Director
The latest financial statements of PMJ 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 CIN (Corporate Identification Number) of PMJ Mercantile is U74210UP1995PTC018242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PMJ Mercantile has 2 court cases on record: 2 filed by the company.
PMJ Mercantile was incorporated on 14 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of PMJ Mercantile by revenue are Swagata Consultancy Services Private Limited, Karniraj Ventures Private Limited, New Era Stock and Share Brokers Private Limited, Mideast Investments Private Limited, all in the BFSI industry (Broking Services), with the same principal business activity (other financial activities).
Amit Nevatia ceased to be Director on 20 Nov 2017. Karuna Prashant Jain was appointed as Additional Director on 15 Nov 2017. Mahesh Chandra Jain was appointed as Director on 24 Apr 2017. PMJ Mercantile has 10 board changes on record in total.
The registered office of PMJ Mercantile is at 2440 Jain Viharbirahana Road Kanpur, Uttar Pradesh, India.
PMJ Mercantile operates in the financial services industry, in the brokerage and trading services segment.
PMJ Mercantile has open charges of ₹100 Cr and no satisfied charges on record as per latest MCA filings.
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