Pradhan Mercantile Private Limited

Pradhan Mercantile Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U18100KA1991PTC050353 Incorporated 14 August 1991 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company fashion and textile MSME · Medium
Data last updated
Revenue · FY 2025
₹107.32 Cr
▲ 37% YoY
Net profit · FY 2025
₹97 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.59 Cr
EBITDA margin 2.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.7 Cr
Issued & subscribed
Open charges
₹32.37 Cr
Satisfied ₹49.93 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
358
Provident fund records

About Pradhan Mercantile Private Limited

Data last updated:

Pradhan Mercantile Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 14 August 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18100KA1991PTC050353. Its GSTIN is 29AABCP6636K1ZZ (Karnataka). The company holds 4 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.7 Cr. It is led by directors Amir Jusabali Pradhan (Whole-Time Director) and Jamal Jusabali Pradhan (Whole-Time Director).

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 Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹107.32 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹97 Lakh (net margin 0.9%) and EBITDA of ₹2.59 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years.

The company has about 358 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: PMPL. As per MCA filings, the company has open charges of ₹32.37 Cr and satisfied charges of ₹49.93 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.61 Cr; the latest was in October 2014. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.

Pradhan Mercantile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0009634). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pmplgroup.com.

Company details

CIN U18100KA1991PTC050353
Registration Number 050353
Incorporation Date 14 August 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0009634

CIN history

Pradhan Mercantile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U18100KA1991PTC050353, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U18100KA1991PTC050353Current
U51109MH1991PTC062957Previous
U51109KA1991PTC050353Previous
Key People
Amir Jusabali Pradhan Whole-Time Director Jamal Jusabali Pradhan Whole-Time Director

Recognitions & Rankings of Pradhan Mercantile

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0009634

Contact details

Pradhan Mercantile Private Limited's registered office is in Bangalore, Karnataka. Its website is pmplgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    pmplgroup.com
  • Social Media
  • Registered Address
    No. 113 Krishna Reddy Industrial Area, 7th Mile Hosur Road Kudlu Gate, Bangalore, Karnataka, India – 560068
  • Industry
    Fashion and Textile, Designer & Branded Fashion

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

Comprehensive company report
Pradhan 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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Brands

Pradhan Mercantile operates one associated brand: PMPL. Each brand links to its own profile.

BrandDescriptionWebsite
PMPL
Garments are produced through contract manufacturing by PMPL in India.pmplgroup.com

Business activity

The main business activity of Pradhan 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 Pradhan Mercantile Private Limited, buy the company report.

Financials of Pradhan Mercantile Private Limited

FY 2025 filings available

Pradhan Mercantile Private Limited reported revenue of ₹107.32 Cr (up 37% YoY) for FY 2025.

Revenue · FY 2025
₹107.32 Cr ▲ 37%
Net profit · FY 2025
₹97 Lakh margin 0.9%
EBITDA · FY 2025
₹2.59 Cr margin 2.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 16%

Revenue has grown at a compounded annual rate (CAGR) of 13% over three years, including 37% growth in the latest year. EBITDA rose 34% 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₹2.59 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹97 Lakh
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 Margin2.4%
Net Profit Margin0.9%
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 Pradhan Mercantile Private Limited, buy the company report.

Board of directors of Pradhan Mercantile Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Amir Jusabali Pradhan
Also directs: Mirage Enterprises LLP, Jag Lifestyle LLP, Garware Marine Industries Limited and 2 more
Whole-Time Director15 Dec 199728 Years 10 MonthsCurrent
Jamal Jusabali Pradhan
Also directs: Mirage Enterprises LLP, Jag Lifestyle LLP, Brandbox Labs Private Limited and 2 more
Whole-Time Director14 Aug 199135 Years 2 MonthsCurrent
View all directors

Auditor

Pradhan Mercantile Private Limited is audited by A F & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A F & Associates LLPFY 2023S200137

Shareholding

The shareholding of Pradhan 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 Pradhan Mercantile Private Limited, buy the company report.

Charges & borrowings

Open charges
₹32.37 Cr
Satisfied charges
₹49.93 Cr
Breakdown by lending institutions
Others₹32.37 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Oct 2022100622199Others₹32.1 CrOpen
18 Oct 2022100622259Others₹27 LakhOpen
29 Jan 2021100418474Hdfc Bank Limited₹12 LakhSatisfied
31 Oct 201310461755Hdfc Bank Limited₹18.71 CrSatisfied
22 Dec 201210401650Bank of Baroda₹12.8 CrSatisfied

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

Total charge records: 8 View all charges

Deals & funding

Pradhan Mercantile Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.61 Cr; the latest was in October 2014.

Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹5.61 Cr

Deals on record (5 of 7)

WhenDealAmountParties
Oct 2014Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Oct 2012Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Apr 2012Secondary share transferUndisclosedSeller: Vivek V. Vaid Huf, 2 individuals
Jan 2012Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Everest Interanational Private Limited, 3 individuals
Jul 2009Funding round₹1.21 CrInvestors: an individual

To see the full deal history of Pradhan Mercantile Private Limited, buy the company report.

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

MSME payment delays

Pradhan Mercantile Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Maximizer Ventures Private Limited

To see the full MSME payment records of Pradhan Mercantile Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Pradhan 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

Employees & EPFO

Pradhan Mercantile Private Limited has a workforce of 358 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
358
Active EPFO establishments
1
Employee growth
2.87%

GST

Pradhan Mercantile has 4 GST registrations: 2 active and 2 cancelled or inactive.

Total GSTINs
4
Active
2
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AABCP6636K1ZZKarnatakaActive01 Jul 2017
06AABCP6636K1Z7HaryanaActive29 Jul 2022

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

Recent activity

Pradhan Mercantile Private Limited has 6 board changes on record since 1991: 4 appointments and 2 cessations. The latest: Nikesh Mafatlal Patel ceased to be Director on 01 Apr 2012.

AGM
Pradhan Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 32.10 Cr registered on 18 Oct 2022 with Charge ID 100622199 was modified on 23 Jul 2025.
Filing
Pradhan Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 29 Jan 2021 via Charge ID 100418474 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025.
Charges
A charge with Others of Rs. 0.27 Cr registered on 18 Oct 2022 with Charge ID 100622259 was modified on 14 Aug 2024.
Charges
A charge registered on 31 Oct 2013 via Charge ID 10461755 with Hdfc Bank Limited was fully satisfied on 21 Mar 2023.
Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100622259 was registered on 18 Oct 2022.
Charges
A charge with Others amounted to Rs. 32.10 Cr with Charge ID 100622199 was registered on 18 Oct 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 18.71 Cr registered on 31 Oct 2013 with Charge ID 10461755 was modified on 23 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100418474 was registered on 29 Jan 2021.
Charges
A charge registered on 22 Dec 2012 via Charge ID 10401650 with Bank Of Baroda was fully satisfied on 05 Mar 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.71 Cr with Charge ID 10461755 was registered on 31 Oct 2013.

17 earlier events are in the company report.

Frequently asked questions

Pradhan Mercantile is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 14 August 1991 (35+ years old) and is registered under CIN U18100KA1991PTC050353.

Pradhan Mercantile has 2 current directors:

The latest financial statements of Pradhan 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 Pradhan Mercantile is 29AABCP6636K1ZZ, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 06AABCP6636K1Z7 (Haryana).

The CIN (Corporate Identification Number) of Pradhan Mercantile is U18100KA1991PTC050353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Pradhan Mercantile has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.

Pradhan Mercantile was incorporated on 14 August 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.

Pradhan Mercantile has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹5.61 Cr; the latest was in October 2014.

Nikesh Mafatlal Patel ceased to be Director on 01 Apr 2012. Vivek Vinodkumar Vaid ceased to be Director on 01 Apr 2012. Nikesh Mafatlal Patel was appointed as Director on 12 Mar 2007. Pradhan Mercantile has 6 board changes on record in total.

Yes, Pradhan Mercantile is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0009634).

Pradhan Mercantile has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.