MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0002472
Thakker Mercantile Private Limited - agriculture in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹45.5 Cr
▲ 20% YoY
Net profit · FY 2024
₹83,819
Net margin 0%
EBITDA · FY 2024
₹56.07 Lakh
EBITDA margin 1.2%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹21.3 Lakh
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹2.73 Cr
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Thakker Mercantile Private Limited
Data last updated:
Thakker Mercantile Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 23 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PTC142844. Its GSTIN is 27AACCT1557E1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21.3 Lakh. It is led by directors Vishal Devendra Thakkar and Prashant Devendra Thakkar.
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 Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.5 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹83,819 (net margin 0%) and EBITDA of ₹56.07 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 29% over five years.
The company is associated with 1 brand: Thakker Mercantile. As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹2.73 Cr on record.
Thakker Mercantile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0002472). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thakkermercantile.in.
Company details
CIN U51909MH2003PTC142844
Registration Number 142844
Incorporation Date 23 October 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0002472
Recognitions & Rankings of Thakker Mercantile
Contact details
Thakker Mercantile Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is thakkermercantile.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH – 20 A.P.M.C.Market – I Mudi – Bazar Sector – 19 Vashi – New Mumbai, 400703., Navi Mumbai, Maharashtra, India – 400703
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Thakker Mercantile Private Limited, buy the company report.
Comprehensive company report
Thakker 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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Brands
Thakker Mercantile operates one associated brand: Thakker Mercantile. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Trading of agricultural commodities, spices, and related services in India. | thakkermercantile.in |
Business activity
The main business activity of Thakker Mercantile is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Thakker Mercantile Private Limited, buy the company report.
Financials of Thakker Mercantile Private Limited
FY 2024 filings availableThakker Mercantile Private Limited reported revenue of ₹45.5 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹45.5 Cr ▲ 20%
Net profit · FY 2024
₹83,819 margin 0%
EBITDA · FY 2024
₹56.07 Lakh margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 15%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▼ 12%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 20% growth in the latest year. EBITDA rose 6% 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 |
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| Total Expenses | |||||
| EBITDA | ₹56.07 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹83,819 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Thakker Mercantile Private Limited, buy the company report.
Board of directors of Thakker Mercantile Private Limited
Thakker Mercantile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Devendra Thakkar Also directs: Samarth Mercantile Private Limited | Director | 28 Aug 2006 | 20 Years 1 Months | Current |
| Prashant Devendra Thakkar | Director | 28 Aug 2006 | 20 Years 1 Months | Current |
Auditor
Thakker Mercantile Private Limited is audited by BHADRESH DOSHI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESH DOSHI AND ASSOCIATES | FY 2023 | 122508W |
Shareholding
The shareholding of Thakker Mercantile 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thakker Mercantile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹2.73 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2022 | 100685420 | Others | ₹4 Cr | Open | |
| 12 Jun 2020 | 100356715 | Tamilnad Mercantile Bank Limited | ₹23 Lakh | Satisfied | |
| 27 Aug 2012 | 10381416 | Others | ₹2.5 Cr | Satisfied |
To see the full charge records of Thakker Mercantile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Thakker Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Thakker Mercantile Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aditya Corporation |
To see the full MSME payment records of Thakker Mercantile Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Thakker Mercantile has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT1557E1ZH | Maharashtra | Active | 01 Jul 2017 |
| 29AACCT1557E1ZD | Karnataka | Active | 04 Sep 2024 |
To see the full GST registrations and return filing status of Thakker Mercantile Private Limited, buy the company report.
Recent activity
Thakker Mercantile Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Prashant Devendra Thakkar was appointed as Director on 28 Aug 2006.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 28 Dec 2022 with Charge ID 100685420 was modified on 25 Feb 2025.
AGM
Thakker Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Thakker Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge registered on 12 Jun 2020 via Charge ID 100356715 with Tamilnad Mercantile Bank Limited was fully satisfied on 02 May 2023.
Charges
A charge registered on 27 Aug 2012 via Charge ID 10381416 with Others was fully satisfied on 02 May 2023.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100685420 was registered on 28 Dec 2022.
Charges
A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 23.00 Lakh with Charge ID 100356715 was registered on 12 Jun 2020.
Charges
A charge with Others of Rs. 250.00 Lakh registered on 27 Aug 2012 with Charge ID 10381416 was modified on 18 Jan 2017.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 10381416 was registered on 27 Aug 2012.
Appointed
Prashant Devendra Thakkar was appointed as Director.
Appointed
Vishal Devendra Thakkar was appointed as Director.
Incorporation
23 Oct 2003
Thakker Mercantile Private Limited was registered on 23 Oct 2003 with Roc Mumbai & aged 23 years 2 days as per MCA records.
Frequently asked questions
Thakker Mercantile is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 23 October 2003 (23+ years old) and is registered under CIN U51909MH2003PTC142844.
Thakker Mercantile has 2 current directors:
- Vishal Devendra Thakkar - Director
- Prashant Devendra Thakkar - Director
The latest financial statements of Thakker Mercantile 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 2015 are in the company report.
The GSTIN of Thakker Mercantile is 27AACCT1557E1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCT1557E1ZD (Karnataka).
The CIN (Corporate Identification Number) of Thakker Mercantile is U51909MH2003PTC142844. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thakker Mercantile was incorporated on 23 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Devendra Thakkar was appointed as Director on 28 Aug 2006. Vishal Devendra Thakkar was appointed as Director on 28 Aug 2006.
Yes, Thakker Mercantile is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0002472).
Thakker Mercantile has 4 MSME Form 1 returns on record for the period ending Sep 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Oct 2019.
Thakker Mercantile can be reached through the website thakkermercantile.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Thakker Mercantile is at H – 20 A.P.M.C.Market – I Mudi – Bazar Sector – 19 Vashi – New Mumbai, 400703., Navi Mumbai, Maharashtra, India – 400703.