Veear Mercantile Pvt Ltd
About Veear Mercantile Pvt Ltd
Data last updated:
Veear Mercantile Pvt Ltd is a private limited company based in Raipur, Chhattisgarh, India. It operates in the soft drink segment of the food and beverages sector. It was incorporated on 18 February 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U15549CT1992PTC006948.
The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹1.01 Lakh. It is led by directors including Shyam Sunder Narang and Vashudeo Narang.
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 Shop No. 4 & 5 Golchha Plaza Nalghar Chowk, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.01 Lakh, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Lakh (net margin 20.4%) and EBITDA of ₹4.28 Lakh (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 5% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Veear Mercantile has one previous CIN (Corporate Identification Number): U15549MP1992PTC006948. The current CIN is U15549CT1992PTC006948, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15549CT1992PTC006948 | Current |
| U15549MP1992PTC006948 | Previous |
Contact details
Veear Mercantile Pvt Ltd's registered office is in Raipur, Chhattisgarh.
- Registered AddressShop No. 4 & 5 Golchha Plaza Nalghar Chowk, Raipur, Chhattisgarh, India – 492001
- IndustryFood And Beverages, Soft Drink, Manufacturing, Mineral Waters, Beverage, Non Alcoholic Beverage
- 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 Veear Mercantile is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Veear Mercantile Pvt Ltd, buy the company report.
Financials of Veear Mercantile Pvt Ltd
FY 2025 filings availableVeear Mercantile Pvt Ltd reported revenue of ₹21.01 Lakh (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 3% growth in the latest year. EBITDA rose 18% 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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| EBITDA | ₹4.28 Lakh | ||||
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| Net Profit (PAT) | ₹4.28 Lakh | ||||
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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 | 20.4% | ||||
| Net Profit Margin | 20.4% | ||||
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To see the full financial statements and ratios of Veear Mercantile Pvt Ltd, buy the company report.
Board of directors of Veear Mercantile Pvt Ltd
Veear Mercantile has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Sunder Narang | Director | 18 Feb 1992 | 34 Years 8 Months | Current |
| Vashudeo Narang | Director | 18 Feb 1992 | 34 Years 8 Months | Current |
| Nand R Narang | Director | 18 Feb 1992 | 34 Years 8 Months | Current |
Peer comparison
Veear Mercantile Pvt Ltd is compared with the 4 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BNB Ecommerce Services Private Limited | ₹21.02 Lakh (FY 2016) | 98.0% | Gurgaon, Haryana, India | |||
| Ceekr Concepts Private Limited | ₹21.01 Lakh (FY 2025) | -32.0% | New Delhi, Delhi, India | |||
| Veear Mercantile Pvt Ltdthis company | ₹21.01 Lakh (FY 2024) | ₹4.28 Lakh | 20.4% | 3.0% | Raipur, Chhattisgarh, India | |
| Dreamyvision Private Limited | ₹21.01 Lakh (FY 2021) | 106.0% | Pune, Maharashtra, India | |||
| Fit 4 Bizz Private Limited | ₹21 Lakh (FY 2024) | 204.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Veear Mercantile Pvt Ltd, buy the company report.
Legal cases
Veear Mercantile Pvt Ltd has 1 court case on record: 1 filed by Veear Mercantile. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (COMP) | Filed by the company against Union of India and 1 other | Disposed |
To see the full case history of Veear Mercantile Pvt Ltd, 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 Veear Mercantile Pvt Ltd; 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 Veear Mercantile Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Veear Mercantile Pvt Ltd has 3 board changes on record since 1992: 3 appointments. The latest: Nand R Narang was appointed as Director on 18 Feb 1992.
Frequently asked questions
Veear Mercantile is an active private limited company based in Raipur, Chhattisgarh, India. The company works in soft drink, within the food and beverages industry. It was incorporated on 18 February 1992 (34+ years old) and is registered under CIN U15549CT1992PTC006948.
Veear Mercantile has 3 current directors:
- Shyam Sunder Narang - Director
- Vashudeo Narang - Director
- Nand R Narang - Director
The latest financial statements of Veear 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 Veear Mercantile is U15549CT1992PTC006948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Veear Mercantile has 1 court case on record: 1 filed by the company.
Veear Mercantile was incorporated on 18 February 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Veear Mercantile by revenue are BNB Ecommerce Services Private Limited, Ceekr Concepts Private Limited, Dreamyvision Private Limited, Fit 4 Bizz Private Limited, all in the same principal business activity (other professional, scientific and technical activities).
Nand R Narang was appointed as Director on 18 Feb 1992. Shyam Sunder Narang was appointed as Director on 18 Feb 1992. Vashudeo Narang was appointed as Director on 18 Feb 1992.
The registered office of Veear Mercantile is at Shop No. 4 & 5 Golchha Plaza Nalghar Chowk, Raipur, Chhattisgarh, India – 492001.
Veear Mercantile operates in the food and beverages industry, in the soft drink segment.
The compliance status of Veear Mercantile is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.