MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0036617
Shanker Mercantile Private Limited
Shanker Mercantile Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.45 Cr
▲ 11% YoY
Net profit · FY 2025
₹78,010
Net margin 0.5%
EBITDA · FY 2025
₹1.99 Lakh
EBITDA margin 1.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Shanker Mercantile Private Limited
Data last updated:
Shanker Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 20 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2006PTC165669. Its GSTIN is 27AAKCS5077Q1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shankar Nath Awasthy and Mohit Shankarnath Avasthi.
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 20 Steel Yard Iron Market S.T.Road, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.45 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹78,010 (net margin 0.5%) and EBITDA of ₹1.99 Lakh (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Shanker Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0036617). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909MH2006PTC165669
Registration Number 165669
Incorporation Date 20 November 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0036617
Recognitions & Rankings of Shanker Mercantile
Contact details
Shanker Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address20 Steel Yard Iron Market S.T.Road, Mumbai, Maharashtra, India – 400009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Shanker Mercantile Private Limited, buy the company report.
Comprehensive company report
Shanker Mercantile Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Shanker Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Shanker Mercantile Private Limited, buy the company report.
Financials of Shanker Mercantile Private Limited
FY 2025 filings availableShanker Mercantile Private Limited reported revenue of ₹1.45 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹1.45 Cr ▲ 11%
Net profit · FY 2025
₹78,010 margin 0.5%
EBITDA · FY 2025
₹1.99 Lakh margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 31%
5 years · compounded
▼ 34%
EBITDA CAGR growth
1 year
▲ 103%
3 years · compounded
▼ 38%
5 years · compounded
▼ 38%
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 34%. EBITDA rose 103% 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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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹78,010 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Shanker Mercantile Private Limited, buy the company report.
Board of directors of Shanker Mercantile Private Limited
Shanker Mercantile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shankar Nath Awasthy | Director | 20 Nov 2006 | 19 Years 11 Months | Current |
| Mohit Shankarnath Avasthi Also directs: Whole Food Hypnotics Private Limited | Director | 20 Nov 2006 | 19 Years 11 Months | Current |
Auditor
Shanker Mercantile Private Limited is audited by S VINOD & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S VINOD & CO | FY 2021 | 111522W |
Shareholding
The shareholding of Shanker Mercantile Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shanker Mercantile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2011 | 10299864 | Ing Vysya Bank Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Shanker Mercantile Private Limited has 3 court cases on record: 3 filed by Shanker Mercantile. All cases are disposed.
Total cases
3
Filed by the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Rashtriya Ispat Nigam Ltd. and 11 others | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Union of India and Ors | Disposed |
To see the full case history of Shanker 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 Shanker Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shanker Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS5077Q1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shanker Mercantile Private Limited, buy the company report.
Recent activity
Shanker Mercantile Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Mohit Shankarnath Avasthi was appointed as Director on 20 Nov 2006.
AGM
Shanker Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shanker Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Ing Vysya Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 10299864 was registered on 14 Jul 2011.
Appointed
Mohit Shankarnath Avasthi was appointed as Director.
Appointed
Shankar Nath Awasthy was appointed as Director.
Incorporation
20 Nov 2006
Shanker Mercantile Private Limited was registered on 20 Nov 2006 with Roc Mumbai I & aged 19 years 11 months as per MCA records.
Frequently asked questions
Shanker Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 20 November 2006 (20+ years old) and is registered under CIN U51909MH2006PTC165669.
Shanker Mercantile has 2 current directors:
- Shankar Nath Awasthy - Director
- Mohit Shankarnath Avasthi - Director
The latest financial statements of Shanker 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 Shanker Mercantile is 27AAKCS5077Q1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shanker Mercantile is U51909MH2006PTC165669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanker Mercantile has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Shanker Mercantile was incorporated on 20 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohit Shankarnath Avasthi was appointed as Director on 20 Nov 2006. Shankar Nath Awasthy was appointed as Director on 20 Nov 2006.
Yes, Shanker Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0036617).
The registered office of Shanker Mercantile is at 20 Steel Yard Iron Market S.T.Road, Mumbai, Maharashtra, India – 400009.
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