About Ushdev Mercantile Private Limited
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Ushdev Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 September 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2009PTC195904. Its GSTIN is 27AABCU1264G1ZH (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Prateek Vijay Gupta and Arvind Prasad.
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 New Harileela House 6th Floor Mint Road Opp To Gpo Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.07 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹69.29 Lakh (net margin 33.4%) and EBITDA of ₹1.71 Cr (EBITDA margin 82.3%). Revenue has declined at a compounded annual rate (CAGR) of 919% over three years and 4% over five years.
The company is associated with 1 brand: Ushdev International. As per MCA filings, the company has open charges of ₹2,730.19 Cr and satisfied charges of ₹100 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ushdev.com.
Company details
Contact details
Ushdev Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its website is ushdev.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNew Harileela House 6th Floor Mint Road Opp To Gpo Fort, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ushdev 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
Brands
Ushdev Mercantile operates one associated brand: Ushdev International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal trading, recycling, and wind farm EPC services are provided. | ushdev.com |
Business activity
The main business activity of Ushdev Mercantile is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Ushdev Mercantile Private Limited, buy the company report.
Financials of Ushdev Mercantile Private Limited
FY 2025 filings availableUshdev Mercantile Private Limited reported revenue of ₹2.07 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 129% 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 | ₹1.71 Cr | ||||
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| Net Profit (PAT) | ₹69.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 82.3% | ||||
| Net Profit Margin | 33.4% | ||||
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To see the full financial statements and ratios of Ushdev Mercantile Private Limited, buy the company report.
Board of directors of Ushdev Mercantile Private Limited
Ushdev Mercantile has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Vijay Gupta Also directs: MJJ Steel Private Limited, Pragma Global Trade Limited, Hurricane Windfarms Private Limited and 5 more | Director | 29 Jul 2016 | 10 Years 2 Months | Current |
| Arvind Prasad Also directs: Pragma Global Trade Limited, Hurricane Windfarms Private Limited, Ultravolt Power Private Limited and 3 more | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Ushdev Mercantile Private Limited is audited by SUMEDHA PRABHU & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUMEDHA PRABHU & CO | FY 2021 | 121635W |
Shareholding
The shareholding of Ushdev Mercantile Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ushdev Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2013 | 10454031 | Andhra Bank | ₹100 Cr | Open | |
| 05 Aug 2011 | 10299898 | Sbicap Trustee Company Limited | ₹2,630.19 Cr | Open | |
| 15 Jun 2010 | 10232283 | Idbi Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Ushdev Mercantile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ushdev Mercantile Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Idbi Bank Ltd. and 10 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
To see the full case history of Ushdev 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 Ushdev Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ushdev Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU1264G1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ushdev Mercantile Private Limited, buy the company report.
Recent activity
Ushdev Mercantile Private Limited has 8 board changes on record since 2015: 2 appointments and 6 cessations. The latest: Arvind Prasad ceased to be Additional Director on 29 Sep 2018.
5 earlier events are in the company report.
News
Frequently asked questions
Ushdev Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 September 2009 (17+ years old) and is registered under CIN U51109MH2009PTC195904.
Ushdev Mercantile has 2 current directors:
- Prateek Vijay Gupta - Director
- Arvind Prasad - Director
The latest financial statements of Ushdev 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 GSTIN of Ushdev Mercantile is 27AABCU1264G1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ushdev Mercantile is U51109MH2009PTC195904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ushdev Mercantile has 2 court cases on record: 2 filed against it. 1 is pending.
Ushdev Mercantile was incorporated on 18 September 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Arvind Prasad ceased to be Additional Director on 29 Sep 2018. Arvind Prasad was appointed as Director on 11 Dec 2017. Sagar Harish Shah ceased to be Director on 11 Dec 2017. Ushdev Mercantile has 8 board changes on record in total.
Ushdev Mercantile can be reached through the website ushdev.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ushdev Mercantile is at New Harileela House 6th Floor Mint Road Opp To Gpo Fort, Mumbai, Maharashtra, India – 400001.