Rara Mercantile Private Limited
About Rara Mercantile Private Limited
Data last updated:
Rara Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accounting and financial analysis segment of the business process outsourcing sector. It was incorporated on 16 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2012PTC227015.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinay Adukia Ramesh Kumar and Rakesh Ramesh Adukia.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G – 72 Mangal Karini 17 Siddarth Nagar Road Goregaon (W), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.44 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹98.83 Lakh (net margin 22.2%) and EBITDA of ₹98.83 Lakh (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 63% over five years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rara Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 72 Mangal Karini 17 Siddarth Nagar Road Goregaon (W), Mumbai, Maharashtra, India – 400062
- IndustryBusiness Outsourcing, Accounting and Financial Analysis
To see the full contact details of Rara 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 Rara Mercantile Private Limited
FY 2023 filings availableRara Mercantile Private Limited reported revenue of ₹4.44 Cr (up 46% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 46% growth in the latest year. EBITDA rose 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.44 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹98.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.83 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 22.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Rara Mercantile Private Limited, buy the company report.
Board of directors of Rara Mercantile Private Limited
Rara Mercantile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Adukia Ramesh Kumar Also directs: Rajrani Consultants Private Limited | Director | 25 Apr 2020 | 6 Years 6 Months | Current |
| Rakesh Ramesh Adukia Also directs: Rajrani Consultants Private Limited | Director | 16 Feb 2012 | 14 Years 8 Months | Current |
Auditor
Rara Mercantile Private Limited is audited by ADUKIA&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADUKIA&ASSOCIATES | FY 2023 | 100048W |
Shareholding
The shareholding of Rara Mercantile Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rara Mercantile Private Limited, buy the company report.
Legal cases
Rara Mercantile Private Limited has 1 court case on record: 1 filed by Rara Mercantile. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Income Tax Officer Ward 13(3)(1) | Pending |
To see the full case history of Rara 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 Rara 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 Rara Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rara Mercantile Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Likesh Krishna Puppala ceased to be Director on 13 Oct 2023.
Frequently asked questions
Rara Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in accounting and financial analysis, within the business outsourcing industry. It was incorporated on 16 February 2012 (14+ years old) and is registered under CIN U74900MH2012PTC227015.
Rara Mercantile has 2 current directors:
- Vinay Adukia Ramesh Kumar - Director
- Rakesh Ramesh Adukia - Director
The latest financial statements of Rara Mercantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Rara Mercantile is U74900MH2012PTC227015. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rara Mercantile has 1 court case on record: 1 filed by the company. 1 is pending.
Rara Mercantile was incorporated on 16 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Likesh Krishna Puppala ceased to be Director on 13 Oct 2023. Sushil Adukia ceased to be Director on 25 Apr 2020. Vinay Adukia Ramesh Kumar was appointed as Director on 25 Apr 2020. Rara Mercantile has 5 board changes on record in total.
The registered office of Rara Mercantile is at G – 72 Mangal Karini 17 Siddarth Nagar Road Goregaon W, Mumbai, Maharashtra, India – 400062.
Rara Mercantile operates in the business outsourcing industry, in the accounting and financial analysis segment.
The compliance status of Rara Mercantile is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.