
Shivvidit Merchant Private Limited
About Shivvidit Merchant Private Limited
Data last updated:
Shivvidit Merchant Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U36999RJ2017PTC058525. Its GSTIN is 08AALCM1912D1ZQ (Rajasthan).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Manan Jems & Jewellary Private Limited and Manan Merchant Private Limited. It is led by directors Abhishek Dadhich and Harshit Tripathi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 01 Swadeshi Market Gandhi Nagar, Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.11 Cr, a growth of 148% compared to the previous year. For the same year it recorded a net profit of ₹19.36 Lakh (net margin 0.7%) and EBITDA of ₹26.34 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
Court records list 6 cases involving the company, including 6 filed by the company; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Shivvidit Merchant has undergone 2 name changes throughout its history. The company was previously known as Manan Jems & Jewellary Private Limited, and Manan Merchant Private Limited. The current legal name is Shivvidit Merchant Private Limited.
| Company Name | Status |
|---|---|
| Shivvidit Merchant Private Limited | Current |
| Manan Jems & Jewellary Private Limited | Previous |
| Manan Merchant Private Limited | Previous |
Contact details
Shivvidit Merchant Private Limited's registered office is in Bhilwara, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 01 Swadeshi Market Gandhi Nagar, Bhilwara, Rajasthan, India – 311001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Shivvidit Merchant 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 Shivvidit Merchant is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Shivvidit Merchant Private Limited, buy the company report.
Financials of Shivvidit Merchant Private Limited
FY 2024 filings availableShivvidit Merchant Private Limited reported revenue of ₹29.11 Cr (up 148% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 148% growth in the latest year. EBITDA rose 73% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Shivvidit Merchant Private Limited, buy the company report.
Board of directors of Shivvidit Merchant Private Limited
Shivvidit Merchant 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 |
|---|---|---|---|---|
| Abhishek Dadhich Also directs: Adhiraj Multitrade Private Limited | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
| Harshit Tripathi Also directs: Adhiraj Multitrade Private Limited | Director | 19 Feb 2019 | 7 Years 8 Months | Current |
Auditor
Shivvidit Merchant Private Limited is audited by P SOMANI AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SOMANI AND CO | FY 2023 | 422403 |
Shareholding
The shareholding of Shivvidit Merchant 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shivvidit Merchant Private Limited, buy the company report.
Legal cases
Shivvidit Merchant Private Limited has 6 court cases on record: 6 filed by Shivvidit Merchant. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhilwara, Rajasthan | Court case (Complaint) | Filed by the company against White Wing Febric Pvt Ltd | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Union of India | Pending |
| High Court of Rajasthan | Writ petition | Filed by the company against Union of India | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against Union of India | Disposed |
| High Court of Rajasthan | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of Shivvidit Merchant 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 Shivvidit Merchant Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shivvidit Merchant has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AALCM1912D1ZQ | Rajasthan | Active | 15 Nov 2017 |
To see the full GST registrations and return filing status of Shivvidit Merchant Private Limited, buy the company report.
Recent activity
Shivvidit Merchant Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Chandra Prakash Dadhich ceased to be Director on 20 Feb 2019.
Frequently asked questions
Shivvidit Merchant is an active private limited company based in Bhilwara, Rajasthan, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U36999RJ2017PTC058525.
Shivvidit Merchant has 2 current directors:
- Abhishek Dadhich - Director
- Harshit Tripathi - Director
The latest financial statements of Shivvidit Merchant on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Shivvidit Merchant is 08AALCM1912D1ZQ, registered in Rajasthan.
The CIN (Corporate Identification Number) of Shivvidit Merchant is U36999RJ2017PTC058525. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivvidit Merchant has 6 court cases on record: 6 filed by the company. 4 are pending. Most are in the high courts.
Shivvidit Merchant was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
Chandra Prakash Dadhich ceased to be Director on 20 Feb 2019. Mahesh Trivedi ceased to be Director on 20 Feb 2019. Abhishek Dadhich was appointed as Director on 19 Feb 2019. Shivvidit Merchant has 5 board changes on record in total.
The registered office of Shivvidit Merchant is at G – 01 Swadeshi Market Gandhi Nagar, Bhilwara, Rajasthan, India – 311001.
Shivvidit Merchant operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.

