About Samarth Mercantile Private Limited
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Samarth Mercantile Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 12 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1997PTC108730. Its GSTIN is 27AADCS8782R1Z9 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Deepak Jamnadas Thakkar and Purshottam Karsandas Thakkar.
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 H 20 Apmc Market I Phase II Mudi Bazar Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.32 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.17 Lakh (net margin 1%) and EBITDA of ₹14.28 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 26% over five years.
The company is associated with 1 brand: Samarth Mercantile Pvt Ltd. As per MCA filings, the company has open charges of ₹6.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website samarthgroup.in.
Company details
Contact details
Samarth Mercantile Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is samarthgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH 20 Apmc Market I Phase II Mudi Bazar Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400703
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Samarth 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
Brands
Samarth Mercantile operates one associated brand: Samarth Mercantile Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides derivatives brokerage and commodity trading services in India. | samarthgroup.in |
Business activity
The main business activity of Samarth Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Samarth Mercantile Private Limited, buy the company report.
Financials of Samarth Mercantile Private Limited
FY 2025 filings availableSamarth Mercantile Private Limited reported revenue of ₹6.32 Cr (up 34% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 34% growth in the latest year. EBITDA fell 35% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.28 Lakh | ||||
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| Net Profit (PAT) | ₹6.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Samarth Mercantile Private Limited, buy the company report.
Board of directors of Samarth Mercantile Private Limited
Samarth Mercantile has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Jamnadas Thakkar | Director | 15 Sep 1999 | 27 Years 1 Months | Current |
| Purshottam Karsandas Thakkar | Director | 03 Feb 2000 | 26 Years 8 Months | Current |
| Vishal Devendra Thakkar Also directs: Thakker Mercantile Private Limited | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Samarth Mercantile Private Limited is audited by Trivedi & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Trivedi & Co | FY 2023 | 032734 |
Shareholding
The shareholding of Samarth 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Samarth Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2007 | 10053179 | Others | ₹3.5 Cr | Open | |
| 04 Aug 2006 | 10012624 | Tamilnad Mercantile Bank Limited | ₹1 Cr | Open | |
| 03 Jun 2006 | 10013750 | Tamilnad Mercantile Bank Limited | ₹2.4 Cr | Open |
To see the full charge records of Samarth Mercantile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Samarth Mercantile Private Limited 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 Samarth Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Samarth Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS8782R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Samarth Mercantile Private Limited, buy the company report.
Recent activity
Samarth Mercantile Private Limited has 9 board changes on record since 1997: 6 appointments and 3 cessations. The latest: Vishal Devendra Thakkar was appointed as Director on 16 Aug 2010.
5 earlier events are in the company report.
Frequently asked questions
Samarth Mercantile is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 12 June 1997 (29+ years old) and is registered under CIN U51900MH1997PTC108730.
Samarth Mercantile has 3 current directors:
- Deepak Jamnadas Thakkar - Director
- Purshottam Karsandas Thakkar - Director
- Vishal Devendra Thakkar - Director
The latest financial statements of Samarth 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 Samarth Mercantile is 27AADCS8782R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Samarth Mercantile is U51900MH1997PTC108730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Samarth Mercantile was incorporated on 12 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Vishal Devendra Thakkar was appointed as Director on 16 Aug 2010. Devendra Karsandas Thakkar ceased to be Director on 25 Jul 2010. Dilip Premji Yadava ceased to be Director on 23 Jun 2009. Samarth Mercantile has 9 board changes on record in total.
Samarth Mercantile can be reached through the website samarthgroup.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Samarth Mercantile is at H 20 Apmc Market I Phase II Mudi Bazar Sector – 19 Vashi, Navi Mumbai, Maharashtra, India – 400703.
Samarth Mercantile operates in the financial services industry, in the brokerage and trading services segment.