Prajeet Mercantile LLP
About Prajeet Mercantile LLP
Data last updated:
Prajeet Mercantile LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the commission-based trading segment of the business services sector. It was incorporated on 14 April 2021 and has been in existence for over 5 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAW-7188.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Vivek Pranay Patel and Pooja Pranay Patel.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Behind Ashok Vatika Near Jayantilal Park, Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹34.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.94 Lakh (net margin 45.8%) and EBITDA of -₹11.21 Lakh (EBITDA margin -32.2%).
Company details
Contact details
Prajeet Mercantile LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressOne 42 Building North Tower Offices No. 1104 1105 1106, Behind Ashok Vatika Near Jayantilal Parks Brts Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054
- IndustryBusiness Services, Commission Trade, Wholesale
To see the full contact details of Prajeet Mercantile LLP, 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 Prajeet Mercantile LLP
FY 2025 filings availablePrajeet Mercantile LLP reported revenue of ₹34.79 Lakh (up 1859% YoY) for FY 2024.
Financial Statement Summary
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Income and Expenditure | |||
| Turnover | |||
| Other Income | |||
| Total Income | ₹34.79 Lakh | ||
| Purchases and Direct Costs | |||
| Personnel Expenses | |||
| Administrative Expenses | |||
| Interest | |||
| Depreciation | |||
| Total Expenses | |||
| Profit Before Tax | |||
| Tax | |||
| Profit After Tax | ₹15.94 Lakh | ||
| Profit Transferred to Partners | |||
| Assets and Liabilities | |||
| Partners' Contribution | |||
| Reserves and Surplus | |||
| Secured Loans | |||
| Unsecured Loans | |||
| Trade Payables | |||
| Other Liabilities and Provisions | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Loans and Advances | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| Net Profit Margin | 45.8% | ||
| Return on Partners' Funds | |||
| Return on Assets | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Debt to Partners' Funds | |||
| Interest Coverage | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Turnover Growth | |||
| Profit Growth | |||
To see the full financial statements and ratios of Prajeet Mercantile LLP, buy the company report.
Designated partners of Prajeet Mercantile LLP
Prajeet Mercantile has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Pranay Patel Also directs: Granula Masterbatches India Private Limited | Designated Partner | 13 Sep 2021 | 5 Years 1 Months | Current |
| Pooja Pranay Patel Also directs: Volantis Properties LLP, Oriel Commercial Private Limited | Designated Partner | 14 Apr 2021 | 5 Years 6 Months | Current |
Legal cases
No court or tribunal cases involving Prajeet Mercantile LLP 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 Prajeet Mercantile LLP; 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 Prajeet Mercantile LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prajeet Mercantile LLP has 3 designated partner changes on record since 2021: 2 appointments and 1 cessation. The latest: Poonam Pranay Patel ceased to be Designated Partner on 13 Sep 2021.
Frequently asked questions
Prajeet Mercantile is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in commission trade, within the business services industry. It was incorporated on 14 April 2021 (5+ years old) and is registered under LLPIN AAW-7188.
Prajeet Mercantile has 2 current designated partners:
- Vivek Pranay Patel - Designated Partner
- Pooja Pranay Patel - Designated Partner
The latest financial statements of Prajeet Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2026. Year-wise statements from FY 2022 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Prajeet Mercantile is AAW-7188. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Prajeet Mercantile was incorporated on 14 April 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Poonam Pranay Patel ceased to be Designated Partner on 13 Sep 2021. Vivek Pranay Patel was appointed as Designated Partner on 13 Sep 2021. Pooja Pranay Patel was appointed as Designated Partner on 14 Apr 2021.
The registered office of Prajeet Mercantile is at One 42 Building North Tower Offices No. 1104 1105 1106, Behind Ashok Vatika Near Jayantilal Parks Brts Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054.
Prajeet Mercantile operates in the business services industry, in the commission trade segment.
Prajeet Mercantile can be reached at its registered office: One 42 Building North Tower Offices No. 1104 1105 1106, Behind Ashok Vatika Near Jayantilal Parks Brts Ambali Bopal Road, Ahmedabad, Gujarat, India – 380054.
Prajeet Mercantile is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.
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