- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KL-02-0007325

Raalps Mercantile Private Limited
About Raalps Mercantile Private Limited
Data last updated:
Raalps Mercantile Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 16 August 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U51909KL2002PTC015593. Its GSTIN is 32AACCR1941A1Z4 (Kerala).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.8 Lakh. It is led by directors Karthikeyan Pillai Ajith Kumar (Managing Director) and Sree Kumari Ajith Kumar.
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 VII/673 (C ) Colony Road 10th Mile Nadakkavu P O Udayamperoor, Ernakulam, Kerala, India – 682307.
As per the financials filed for FY 2022, the company reported a revenue of ₹27.25 Lakh, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.59 Lakh (net margin 9.5%) and EBITDA of -₹6.46 Lakh (EBITDA margin -23.7%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 40% over five years.
As per MCA filings, the company has open charges of ₹1.25 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Raalps Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-02-0007325). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Raalps Mercantile
Contact details
Raalps Mercantile Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered AddressVII/673 (C ) Colony Road 10th Mile Nadakkavu P O Udayamperoor, Ernakulam, Kerala, India – 682307
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Raalps 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 Raalps Mercantile Private Limited
FY 2025 filings availableRaalps Mercantile Private Limited reported revenue of ₹27.25 Lakh (up 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 40%. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹27.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹6.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.59 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.7% | ||||
| Net Profit Margin | 9.5% | ||||
| 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 Raalps Mercantile Private Limited, buy the company report.
Board of directors of Raalps Mercantile Private Limited
Raalps Mercantile has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karthikeyan Pillai Ajith Kumar | Managing Director | 16 Aug 2002 | 24 Years 2 Months | Current |
| Sree Kumari Ajith Kumar | Director | 16 Aug 2002 | 24 Years 2 Months | Current |
Auditor
Raalps Mercantile Private Limited is audited by JERRY SUNNY & RAJESH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JERRY SUNNY & RAJESH | FY 2021 | 001326S |
Shareholding
The shareholding of Raalps Mercantile Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Raalps Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2013 | 10438748 | Others | ₹70 Lakh | Open | |
| 22 Apr 2010 | 10218130 | Others | ₹40 Lakh | Open | |
| 19 Apr 2010 | 10218129 | The Federal Bank Limited | ₹5 Lakh | Open | |
| 07 Nov 2008 | 10128783 | The Federal Bank Limited | ₹10 Lakh | Open |
To see the full charge records of Raalps Mercantile Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Raalps Mercantile Private Limited has 4 court cases on record: 3 filed by Raalps Mercantile, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Kerala | Writ petition | Filed by the company against United India Insurance Company Limited, and 1 other | Pending |
| High Court | Writ petition | Filed by the company against United India Insurance Company Limited and 2 others | Disposed |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Kottayam, Kerala | Court case (OP MV) | Filed against the company by an individual | Disposed |
To see the full case history of Raalps 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 Raalps Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raalps Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AACCR1941A1Z4 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raalps Mercantile Private Limited, buy the company report.
Recent activity
Raalps Mercantile Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Karthikeyan Pillai Ajith Kumar was appointed as Managing Director on 16 Aug 2002.
Frequently asked questions
Raalps Mercantile is an active private limited company based in Ernakulam, Kerala, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 16 August 2002 (24+ years old) and is registered under CIN U51909KL2002PTC015593.
Raalps Mercantile has 2 current directors:
- Karthikeyan Pillai Ajith Kumar - Managing Director
- Sree Kumari Ajith Kumar - Director
The latest financial statements of Raalps 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 Raalps Mercantile is 32AACCR1941A1Z4, registered in Kerala.
The CIN (Corporate Identification Number) of Raalps Mercantile is U51909KL2002PTC015593. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raalps Mercantile has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Raalps Mercantile was incorporated on 16 August 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Karthikeyan Pillai Ajith Kumar was appointed as Managing Director on 16 Aug 2002. Sree Kumari Ajith Kumar was appointed as Director on 16 Aug 2002.
Yes, Raalps Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-02-0007325).
The registered office of Raalps Mercantile is at VII673 C Colony Road 10th Mile Nadakkavu P O Udayamperoor, Ernakulam, Kerala, India – 682307.

