
Shagoon Mercandise Private Limited
About Shagoon Mercandise Private Limited
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Shagoon Mercandise Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 27 September 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1996PTC102903.
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹21.52 Lakh. It is led by directors Rutuja Nitesh Rane and Pragati Satish Nare.
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 101 Sai Pooja 1st Floor Plot No. 390 16th Room Near Rajni Maternity Home Bandra (W), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.25 Lakh. For the same year it recorded a net profit of ₹12.76 Lakh (net margin 74%) and EBITDA of ₹15.89 Lakh (EBITDA margin 92.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Shagoon Mercandise Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101 Sai Pooja 1st Floor Plot No. 390 16th Room Near Rajni Maternity Home Bandra (W), Mumbai, Maharashtra, India – 400052
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Shagoon Mercandise 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
Business activity
The main business activity of Shagoon Mercandise is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Shagoon Mercandise Private Limited, buy the company report.
Financials of Shagoon Mercandise Private Limited
FY 2025 filings availableShagoon Mercandise Private Limited reported revenue of ₹17.25 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years. EBITDA rose 50% 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 | ₹15.89 Lakh | ||||
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| Net Profit (PAT) | ₹12.76 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 | 92.1% | ||||
| Net Profit Margin | 74% | ||||
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To see the full financial statements and ratios of Shagoon Mercandise Private Limited, buy the company report.
Board of directors of Shagoon Mercandise Private Limited
Shagoon Mercandise has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rutuja Nitesh Rane Also directs: Bluepearl Properties LLP, Lions Den Constructions LLP, Bestline Constructions LLP and 5 more | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
| Pragati Satish Nare Also directs: Neelraj Multi Fruit & Food Processing Association | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Shagoon Mercandise Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maheeka Hirise Estates Private Limited | ₹17.26 Lakh (FY 2025) | 46.0% | Delhi, India | |||
| Subir Buildcon Private Limited | ₹17.26 Lakh (FY 2025) | -68.0% | New Delhi, Delhi, India | |||
| Vanshika Vyapaar Private Limited | ₹17.26 Lakh (FY 2024) | 74.0% | Kolkata, West Bengal, India | |||
| Hills Lifestyles Private Limited | ₹17.25 Lakh (FY 2025) | -70.0% | New Delhi, Delhi, India | |||
| Raajdhani Infratech and Developers Private Limited | ₹17.25 Lakh (FY 2024) | 409.0% | Lucknow, Uttar Pradesh, India | |||
| Shagoon Mercandise Private Limitedthis company | ₹17.25 Lakh (FY 2025) | ₹12.76 Lakh | 74% | Mumbai, Maharashtra, India | ||
| R.V.S.Electronics Private Limited | ₹17.25 Lakh (FY 2025) | 24.0% | New Delhi, Delhi, India | |||
| RSF Infra Private Limited | ₹17.24 Lakh (FY 2025) | Gurgaon, Haryana, India | ||||
| Venkatesh Theatres Pvt Ltd | ₹17.23 Lakh (FY 2025) | -14.0% | Nagpur, Maharashtra, India | |||
| Ihd Realtors Private Limited | ₹17.22 Lakh (FY 2024) | 510.0% | Ahmedabad, Gujarat, India | |||
| Avanya Hitech Solution Private Limited | ₹17.22 Lakh (FY 2024) | -28.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shagoon Mercandise Private Limited, buy the company report.
Auditor
Shagoon Mercandise Private Limited is audited by BRIJKISHORGUPTA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BRIJKISHORGUPTA | FY 2017 | 040889 |
Shareholding
The shareholding of Shagoon Mercandise Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shagoon Mercandise Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shagoon Mercandise 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 Shagoon Mercandise 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 Shagoon Mercandise Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shagoon Mercandise Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Kanta Ramchandra Rane ceased to be Director on 13 Mar 2023.
Frequently asked questions
Shagoon Mercandise is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 27 September 1996 (30+ years old) and is registered under CIN U51900MH1996PTC102903.
Shagoon Mercandise has 2 current directors:
- Rutuja Nitesh Rane - Director
- Pragati Satish Nare - Director
The latest financial statements of Shagoon Mercandise 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 CIN (Corporate Identification Number) of Shagoon Mercandise is U51900MH1996PTC102903. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shagoon Mercandise was incorporated on 27 September 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shagoon Mercandise by revenue are Maheeka Hirise Estates Private Limited, Subir Buildcon Private Limited, Vanshika Vyapaar Private Limited, Hills Lifestyles Private Limited, Raajdhani Infratech and Developers Private Limited and 5 more, all in the same principal business activity (real estate activities).
Kanta Ramchandra Rane ceased to be Director on 13 Mar 2023. Rutuja Nitesh Rane was appointed as Director on 10 Mar 2023. Satish Vishnu Nare ceased to be Director on 27 Mar 2022. Shagoon Mercandise has 6 board changes on record in total.
The registered office of Shagoon Mercandise is at 101 Sai Pooja 1st Floor Plot No. 390 16th Room Near Rajni Maternity Home Bandra W, Mumbai, Maharashtra, India – 400052.
Shagoon Mercandise operates in the real estate industry, in the real estate leasing segment.
The compliance status of Shagoon Mercandise is active non-compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
Shagoon Mercandise can be reached at its registered office: 101 Sai Pooja 1st Floor Plot No. 390 16th Room Near Rajni Maternity Home Bandra W, Mumbai, Maharashtra, India – 400052.

