Sincere Mercantile Private Limited - Company Profile

It is a trading private limited company based in Mumbai, Maharashtra, India, established in 1994.

1994 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 22, 2025

About Sincere Mercantile Private Limited

Sincere Mercantile Private Limited, a amalgamated private limited company, was established on 15 March 1994 in Mumbai, Maharashtra, India. Engaging in specialty within the trading sector, it holds CIN: U51900MH1994PTC077079. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 M and a paid-up capital of ₹0.13 M.

Its leadership includes Sachin Murlidhar Todankar (Director), Yashvant Magan Chavan (Director). Its latest AGM occurred on 26 September 2013, with the balance sheet filed on 31 March 2013. It is based at Shakti Sadan C.H.S Ltd., Flat No.02,Gr.Floor, Kamniya Compound, Borivali East, Mumbai, Maharashtra, 400066.

Company Details

CIN/LLPIN
U51900MH1994PTC077079
Registration Number
077079
Incorporation Date
15 March 1994
Authorized Capital
₹5.00 M
Paid-Up Capital
₹0.13 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 5.00 M as on 22-07-2025
Paid Up Capital ₹ 0.13 M as on 22-07-2025
Company Age 32 Year, 3 Months
Last Filing with ROC 31 Mar 2013

Comprehensive Company Insights

Explore comprehensive insights into Sincere Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sincere Mercantile Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sachin Murlidhar Todankar	Director	01 Jan 1997	Current
Yashvant Magan Chavan	Director	01 Jan 2001	Current

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Financial Performance of Sincere Mercantile.

Enhance accessibility to Sincere Mercantile's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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YOY Growth

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Total Revenue

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Profit or Loss

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EBITDA

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What is the Ownership and Shareholding Structure of Sincere Mercantile?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Sincere Mercantile?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Sincere Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sincere Mercantile's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Sincere Mercantile

Recent Activity within the Organization

Annual General Meeting

Sincere Mercantile Private Limited last Annual general meeting of members was held on 26 Sep 2013 as per latest MCA records. was recorded as a recent event.
26 Sep 2013
Balance Sheet

Progress on Sincere Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2013 with Roc Mumbai. was documented.
31 Mar 2013
Director Appointment

Yashvant Magan Chavan was appointed as a Director was appointed as a Director on 01 Jan 2001 & has been associated with this company since 25 years 5 months . was recorded as a recent event.
01 Jan 2001
Director Appointment

Progress on Sachin Murlidhar Todankar was appointed as a Director was appointed as a Director on 01 Jan 1997 & has been associated with this company since 29 years 5 months . was documented.
01 Jan 1997
Company Incorporation

Sincere Mercantile Private Limited was registered on 15 Mar 1994 with Roc Mumbai & aged 32 years 3 months as per MCA records. was recorded as a recent event.
15 Mar 1994

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Frequently Asked Questions

What is the CIN of Sincere Mercantile Private Limited?

The CIN of Sincere Mercantile Private Limited is U51900MH1994PTC077079.

Where is Sincere Mercantile Private Limited headquartered?

Sincere Mercantile Private Limited is headquartered at Shakti Sadan C.H.S Ltd., Flat No.02,Gr.Floor, Kamniya Compound, Borivali East, Mumbai, Maharashtra, 400066.

When was Sincere Mercantile Private Limited incorporated?

Sincere Mercantile Private Limited was incorporated on 15 March 1994.

Who are the current directors of Sincere Mercantile Private Limited?

The current directors of Sincere Mercantile Private Limited are

What is the primary industry of Sincere Mercantile Private Limited?

The primary industry of Sincere Mercantile Private Limited is Trading.

Is Sincere Mercantile Private Limited a listed company?

Sincere Mercantile Private Limited is unlisted.

What is the capital structure of Sincere Mercantile Private Limited?

The authorized capital of Sincere Mercantile Private Limited is ₹5.00 M, and the paid-up capital is ₹0.13 M.

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