Tejas Mercantile Private Limited
About Tejas Mercantile Private Limited
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Tejas Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 22 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2008PTC178102.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors including Sudha Ashok Gokal and Harsh Ashok Gokal.
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 Flat No – 13 Sixth Floor Ivorine Building, Plot No – 143 154 Maharshi Karve Road Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.05 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹9.24 Lakh (net margin 51.2%) and EBITDA of ₹12.64 Lakh (EBITDA margin 70%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tejas 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 AddressFlat No – 13 Sixth Floor Ivorine Building, Plot No – 143 154 Maharshi Karve Road Mumbai, Maharashtra, India – 400020
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Tejas 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 Tejas Mercantile is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Tejas Mercantile Private Limited, buy the company report.
Financials of Tejas Mercantile Private Limited
FY 2025 filings availableTejas Mercantile Private Limited reported revenue of ₹18.05 Lakh (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 44% fall in the latest year. EBITDA fell 54% 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 | ₹12.64 Lakh | ||||
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| Net Profit (PAT) | ₹9.24 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 70% | ||||
| Net Profit Margin | 51.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tejas Mercantile Private Limited, buy the company report.
Board of directors of Tejas Mercantile Private Limited
Tejas Mercantile has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dimpy Harsh Gokal | Additional Director | 29 Mar 2016 | 10 Years 6 Months | Current |
| Sudha Ashok Gokal Also directs: Harrow Trading Company Private Limited, Babel Trading Company Private Limited, Amal Investments Private Limited and 1 more | Director | 25 May 2011 | 15 Years 5 Months | Current |
| Harsh Ashok Gokal Also directs: Harrow Trading Company Private Limited, Babel Trading Company Private Limited, Amal Investments Private Limited and 5 more | Director | 12 May 2018 | 8 Years 5 Months | Current |
Peer comparison
Tejas Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radhika Securities Private Limited | ₹18.07 Lakh (FY 2025) | 170.0% | New Delhi, Delhi, India | |||
| S.M.B. Holdings Private Limited | ₹18.06 Lakh (FY 2025) | -4.0% | Delhi, India | |||
| Tulsyan Marketing and Research Private Limited | ₹18.06 Lakh (FY 2025) | 1022.0% | Kolkata, West Bengal, India | |||
| Augmen Catalyst Private Limited | ₹18.05 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Adroitpro Advisory Ventures India Private Limited | ₹18.05 Lakh (FY 2024) | 22.0% | Kolkata, West Bengal, India | |||
| Tejas Mercantile Private Limitedthis company | ₹18.05 Lakh (FY 2025) | ₹9.24 Lakh | 51.2% | -44.0% | Mumbai, Maharashtra, India | |
| Singhi Professional Services Private Limited | ₹18.03 Lakh (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Sarabhai Coeur Services Private Limited | ₹18.02 Lakh (FY 2025) | -63.0% | Ahmedabad, Gujarat, India | |||
| Conoron Overseas Private Limited | ₹18.02 Lakh (FY 2025) | 22.0% | Thane, Maharashtra, India | |||
| Eminent India Wealth Management Services Private Limited | ₹18.02 Lakh (FY 2025) | 6.0% | Navi Mumbai, Maharashtra, India | |||
| Ditco Capital Resources Limited | ₹18.02 Lakh (FY 2024) | 254.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Tejas Mercantile Private Limited, buy the company report.
Auditor
Tejas Mercantile Private Limited is audited by K. K.SHAH AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. K.SHAH AND ASSOCIATES | FY 2017 | 109634W |
Shareholding
The shareholding of Tejas Mercantile 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 Tejas Mercantile Private Limited, buy the company report.
Legal cases
Tejas Mercantile Private Limited has 2 court cases on record: 2 filed by Tejas Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Tejas 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 Tejas Mercantile 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 Tejas Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tejas Mercantile Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Amit Harish Thingalaya ceased to be Additional Director on 12 May 2018.
Frequently asked questions
Tejas Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 22 January 2008 (18+ years old) and is registered under CIN U51909MH2008PTC178102.
Tejas Mercantile has 3 current directors:
- Dimpy Harsh Gokal - Additional Director
- Sudha Ashok Gokal - Director
- Harsh Ashok Gokal - Director
The latest financial statements of Tejas 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 CIN (Corporate Identification Number) of Tejas Mercantile is U51909MH2008PTC178102. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tejas Mercantile has 2 court cases on record: 2 filed by the company.
Tejas Mercantile was incorporated on 22 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tejas Mercantile by revenue are Radhika Securities Private Limited, S.M.B. Holdings Private Limited, Tulsyan Marketing and Research Private Limited, Augmen Catalyst Private Limited, Adroitpro Advisory Ventures India Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Amit Harish Thingalaya ceased to be Additional Director on 12 May 2018. Harsh Ashok Gokal was appointed as Director on 12 May 2018. Ashok Jagjivan Gokal ceased to be Director on 29 Mar 2016. Tejas Mercantile has 9 board changes on record in total.
The registered office of Tejas Mercantile is at Flat No – 13 Sixth Floor Ivorine Building, Plot No – 143 154 Maharshi Karve Road Mumbai, Maharashtra, India – 400020.
Tejas Mercantile operates in the trading industry, in the retail trading segment.
The compliance status of Tejas Mercantile is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.