Udayan Mercantile Private Limited
About Udayan Mercantile Private Limited
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Udayan Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 28 December 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC095688.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Manish Bhaley and Suresh Kurkute.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 7 – B – 3 Giriraj Building Ground Floor Iron Market Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2017, the company reported a revenue of ₹4.65 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹82,918 (net margin 0.2%) and EBITDA of ₹1.33 Lakh (EBITDA margin 0.3%).
Company details
Contact details
Udayan 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 Address7 – B – 3 Giriraj Building Ground Floor Iron Market Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Udayan 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
Financials of Udayan Mercantile Private Limited
FY 2018 filings availableUdayan Mercantile Private Limited reported revenue of ₹4.65 Cr (up 10778% YoY) for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹4.65 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.33 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹82,918 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.3% | ||
| Net Profit Margin | 0.2% | ||
| 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 Udayan Mercantile Private Limited, buy the company report.
Board of directors of Udayan Mercantile Private Limited
Udayan Mercantile has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Bhaley | Director | 03 Aug 2018 | 8 Years 2 Months | As last reported |
| Suresh Kurkute Also directs: Vishal Victory Oiltech Pvt Ltd., Addax Trading Private Limited, Inu Exports Private Limited and 5 more | Director | 01 Apr 2016 | 10 Years 6 Months | As last reported |
Auditor
Udayan Mercantile Private Limited is audited by M. BORAR & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. BORAR & CO. | FY 2017 | 314255E |
Shareholding
The shareholding of Udayan 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 Udayan Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Udayan 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
No delayed payments to MSME suppliers are on our record for Udayan 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 Udayan Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Udayan Mercantile Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Manish Bhaley ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Udayan Mercantile has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Udayan Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in other wholesale, within the trading industry. It was incorporated on 28 December 1995 and is registered under CIN U51900MH1995PTC095688. The company has been struck off by the Registrar of Companies and is no longer operational.
Udayan Mercantile had 2 directors:
- Manish Bhaley - Director
- Suresh Kurkute - Director
The CIN (Corporate Identification Number) of Udayan Mercantile is U51900MH1995PTC095688. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Udayan Mercantile is at 7 – B – 3 Giriraj Building Ground Floor Iron Market Carnac Bunder, Mumbai, Maharashtra, India – 400009.
Udayan Mercantile was incorporated on 28 December 1995. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Udayan Mercantile on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Udayan Mercantile operated in the trading industry, in the other wholesale segment. It worked in this industry before it was struck off.
Manish Bhaley ceased to be Additional Director on 29 Sep 2018. Manish Bhaley was appointed as Director on 03 Aug 2018. Suresh Kurkute ceased to be Additional Director on 29 Sep 2017. Udayan Mercantile has 7 board changes on record in total.
The compliance status of Udayan Mercantile is compliant as of 09 September 2026.