S.H.A.M.K. Mercantile Private Limited
About S.H.A.M.K. Mercantile Private Limited
Data last updated:
S.H.A.M.K. Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 26 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51420MH2001PTC131003. Its GSTIN is 27AAACH9121N2ZB (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹57.45 Cr and a paid-up capital of ₹3.33 Cr. It is led by directors including Mahesh Mahtani (Managing Director) and Roshini Mahesh Mahtani.
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 Hira Prem Milan Co – Operative Society Limited Plot No 563 & 564 18th Road Khar (West), Mumbai, Maharashtra, India – 400052.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.65 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.79 Cr (net margin 23.4%) and EBITDA of ₹1.79 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 209% over five years.
Court records list 50 cases involving the company, including 24 filed by the company and 26 filed against it; 18 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹34.38 Cr; the latest was in March 2018. Its 6 peer companies in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities) are compared by revenue, 3 larger and 3 smaller; the largest is Firstcity Reality and Infrastructure Private Limited with revenue of ₹7.69 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.H.A.M.K. 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 AddressHira Prem Milan Co – Operative Society Limited Plot No 563 & 564 18th Road Khar (West), Mumbai, Maharashtra, India – 400052
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of S.H.A.M.K. 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
Business activity
The main business activity of S.H.A.M.K. Mercantile 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 S.H.A.M.K. Mercantile Private Limited, buy the company report.
Financials of S.H.A.M.K. Mercantile Private Limited
FY 2025 filings availableS.H.A.M.K. Mercantile Private Limited reported revenue of ₹7.65 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 209% over five years, including 18% growth in the latest year. EBITDA fell 44% 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 | ₹1.79 Cr | ||||
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| Net Profit (PAT) | ₹1.79 Cr | ||||
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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 | 23.4% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of S.H.A.M.K. Mercantile Private Limited, buy the company report.
Board of directors of S.H.A.M.K. Mercantile Private Limited
S.H.A.M.K. Mercantile has 9 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
S.H.A.M.K. Mercantile Private Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with 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 |
|---|---|---|---|---|---|---|
| Firstcity Reality and Infrastructure Private Limited | ₹7.69 Cr (FY 2025) | 793.0% | New Delhi, Delhi, India | |||
| Trinity Property Ventures (India) Private Limited | ₹7.69 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Rama Leasing Company Private Limited | ₹7.65 Cr (FY 2025) | 306.0% | Mumbai, Maharashtra, India | |||
| S.H.A.M.K. Mercantile Private Limitedthis company | ₹7.65 Cr (FY 2025) | ₹1.79 Cr | 23.4% | 18.0% | Mumbai, Maharashtra, India | |
| Canbara Constructions P Ltd | ₹7.64 Cr (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Coniston Developers Private Limited | ₹7.61 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Atlantic Realtors Private Limited | ₹7.6 Cr (FY 2025) | -11.0% | Delhi, India |
To see the full peer comparison of S.H.A.M.K. Mercantile Private Limited, buy the company report.
Auditor
S.H.A.M.K. Mercantile Private Limited is audited by KUVALEKAR TOTLANI & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUVALEKAR TOTLANI & CO LLP | FY 2018 | W100208 |
Shareholding
The shareholding of S.H.A.M.K. Mercantile Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.H.A.M.K. Mercantile Private Limited, buy the company report.
Deals & funding
S.H.A.M.K. Mercantile Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹34.38 Cr; the latest was in March 2018.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Jun 2013 | Funding round | ₹13.95 Cr | Investors: 3 individuals |
| May 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
To see the full deal history of S.H.A.M.K. Mercantile Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
S.H.A.M.K. Mercantile Private Limited has 50 court cases on record: 24 filed by S.H.A.M.K. Mercantile, 26 filed against it. 18 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 10 | 11 |
| High courts | 19 | 13 | 7 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by M/S. Gorgeous Skin Pvt. Ltd. and Ors | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed by the company against Gorgeous Skin Private Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against Gorgeous Skin Pvt Ltd and 2 others | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (P Appeal) | Filed against the company by M/S. Gorgeous Skin Private Limited and 2 others | Disposed |
| District court, Gurugram, Haryana | Court case (Rp) | Filed by the company against Apicem Recyclers Pvt Ltd and Ors | Disposed |
To see the full case history of S.H.A.M.K. 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 S.H.A.M.K. Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S.H.A.M.K. Mercantile has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACH9121N2ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.H.A.M.K. Mercantile Private Limited, buy the company report.
Recent activity
S.H.A.M.K. Mercantile Private Limited has 17 board changes on record since 2001: 9 appointments and 8 cessations. The latest: Dilip Vasudeo Palao ceased to be Additional Director on 30 Nov 2021.
8 earlier events are in the company report.
Frequently asked questions
S.H.A.M.K. Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 26 February 2001 (25+ years old) and is registered under CIN U51420MH2001PTC131003.
S.H.A.M.K. Mercantile has 9 current directors:
- Mahesh Mahtani - Managing Director
- Roshini Mahesh Mahtani - Director
- Dilip Vasudeo Palao - Director
- Samarth Mahesh Mahtani - Director
- Suraj Mahesh Mahtani - Director
- Lav Mahesh Mahtani - Director
- Kush Mahesh Mahtani - Director
- Hinaya Kush Mahtani - Director
- Kyra Lav Mahtani - Director
The latest financial statements of S.H.A.M.K. 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 S.H.A.M.K. Mercantile is 27AAACH9121N2ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of S.H.A.M.K. Mercantile is U51420MH2001PTC131003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.H.A.M.K. Mercantile has 50 court cases on record: 24 filed by the company and 26 filed against it. 18 are pending. Most are in the district courts.
S.H.A.M.K. Mercantile was incorporated on 26 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
S.H.A.M.K. Mercantile has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹34.38 Cr; the latest was in March 2018.
The peers of S.H.A.M.K. Mercantile by revenue are Firstcity Reality and Infrastructure Private Limited, Trinity Property Ventures (India) Private Limited, Rama Leasing Company Private Limited, Canbara Constructions P Ltd, Coniston Developers Private Limited and 1 more, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities).
Dilip Vasudeo Palao ceased to be Additional Director on 30 Nov 2021. Hinaya Kush Mahtani ceased to be Additional Director on 30 Nov 2021. Kyra Lav Mahtani ceased to be Additional Director on 30 Nov 2021. S.H.A.M.K. Mercantile has 17 board changes on record in total.
The registered office of S.H.A.M.K. Mercantile is at Hira Prem Milan Co – Operative Society Limited Plot No 563 & 564 18th Road Khar West, Mumbai, Maharashtra, India – 400052.