Vaikunth Mercantile Private Limited
About Vaikunth Mercantile Private Limited
Data last updated:
Vaikunth Mercantile Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U46909WB2002PTC094959. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.6 Cr. It was formerly known as Vaikunth Properties Limited and Vaikunth Dyeing & Processing House Limited. It is led by directors including Sundeep Choraria and Ashok Kumar Medatia.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 12B 12th Floor Unimark Asian 52/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹95.25 Lakh (net margin 37.3%) and EBITDA of ₹1.13 Cr (EBITDA margin 44.3%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Vaikunth Mercantile has undergone 2 name changes throughout its history. The company was previously known as Vaikunth Properties Limited, and Vaikunth Dyeing & Processing House Limited. The current legal name is Vaikunth Mercantile Private Limited.
| Company Name | Status |
|---|---|
| Vaikunth Mercantile Private Limited | Current |
| Vaikunth Properties Limited | Previous |
| Vaikunth Dyeing & Processing House Limited | Previous |
CIN history
Vaikunth Mercantile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U46909WB2002PTC094959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46909WB2002PTC094959 | Current |
| U17115WB2002PLC094959 | Previous |
| U17115WB2002PTC094959 | Previous |
Contact details
Vaikunth Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressUnit 12B 12th Floor Unimark Asian 52/1 Shakespeare Sarani, Kolkata, West Bengal, India – 700017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vaikunth 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 Vaikunth Mercantile Private Limited
FY 2025 filings availableVaikunth Mercantile Private Limited reported revenue of ₹2.55 Cr (up 3526% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 68% over three years. EBITDA rose 402% 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 | ₹1.13 Cr | ||||
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| Net Profit (PAT) | ₹95.25 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 | 44.3% | ||||
| Net Profit Margin | 37.3% | ||||
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To see the full financial statements and ratios of Vaikunth Mercantile Private Limited, buy the company report.
Board of directors of Vaikunth Mercantile Private Limited
Vaikunth Mercantile has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundeep Choraria | Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Ashok Kumar Medatia Also directs: Advan Commercial Private Limited | Director | 18 Nov 2013 | 12 Years 11 Months | Current |
| Ashok Kumar Pandey Also directs: Escee Traders Private Limited, Advan Commercial Private Limited, BKR Advisors Private Limited and 1 more | Director | 23 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Vaikunth Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodhope Software Private Limited | ₹2.56 Cr (FY 2025) | -15.0% | Kolkata, West Bengal, India | |||
| Vasuki Hind Capital Private Limited | ₹2.56 Cr (FY 2025) | 133.0% | New Delhi, Delhi, India | |||
| Us Techfinaance Private Limited | ₹2.56 Cr (FY 2025) | 37.0% | Mumbai, Maharashtra, India | |||
| Goyal Texfab Private Limited | ₹2.56 Cr (FY 2025) | -35.0% | New Delhi, Delhi, India | |||
| SGR Investment Private Limited | ₹2.55 Cr (FY 2025) | 76.0% | Mumbai, Maharashtra, India | |||
| Vaikunth Mercantile Private Limitedthis company | ₹2.55 Cr (FY 2025) | ₹95.25 Lakh | 37.3% | 3526.0% | Kolkata, West Bengal, India | |
| Shri Badrinath Investment Private Limited | ₹2.55 Cr (FY 2025) | -37.0% | Mumbai, Maharashtra, India | |||
| Sarthi Money Private Limited | ₹2.55 Cr (FY 2025) | 224.0% | Thane, Maharashtra, India | |||
| Palal Estates Private Limited | ₹2.55 Cr (FY 2025) | 25.0% | Kochi, Kerala, India | |||
| Barrier Foils Private Limited | ₹2.55 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Zerostle Services Private Limited | ₹2.55 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vaikunth Mercantile Private Limited, buy the company report.
Auditor
Vaikunth Mercantile Private Limited is audited by S N ROY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N ROY & CO | FY 2021 | 313054E |
Shareholding
The shareholding of Vaikunth Mercantile Private Limited is on record for 5 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 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vaikunth Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vaikunth 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 Vaikunth Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vaikunth Mercantile has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Vaikunth Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vaikunth Mercantile Private Limited, buy the company report.
Recent activity
Vaikunth Mercantile Private Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Sundeep Choraria ceased to be Additional Director on 26 Sep 2024.
3 earlier events are in the company report.
Frequently asked questions
Vaikunth Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 July 2002 (24+ years old) and is registered under CIN U46909WB2002PTC094959.
Vaikunth Mercantile has 3 current directors:
- Sundeep Choraria - Director
- Ashok Kumar Medatia - Director
- Ashok Kumar Pandey - Director
The latest financial statements of Vaikunth Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
No. Vaikunth Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vaikunth Mercantile is U46909WB2002PTC094959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaikunth Mercantile was incorporated on 31 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Vaikunth Mercantile by revenue are Goodhope Software Private Limited, Vasuki Hind Capital Private Limited, Us Techfinaance Private Limited, Goyal Texfab Private Limited, SGR Investment Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Sundeep Choraria ceased to be Additional Director on 26 Sep 2024. Sundeep Choraria was appointed as Director on 12 Feb 2024. Ashok Kumar Pandey ceased to be Additional Director on 29 Sep 2018. Vaikunth Mercantile has 12 board changes on record in total.
The registered office of Vaikunth Mercantile is at Unit 12B 12th Floor Unimark Asian 521 Shakespeare Sarani, Kolkata, West Bengal, India – 700017.
Vaikunth Mercantile operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Vaikunth Mercantile is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
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