Victory Mercantile Private Limited
About Victory Mercantile Private Limited
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Victory Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 16 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2003PTC142711. Its GSTIN is 27AABCV8709M1ZR (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vilas Francis Dias and Harihara Nagarajan Subramanian.
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 1 Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.59 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 75.9%) and EBITDA of ₹1.46 Cr (EBITDA margin 91.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹111.29 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Victory 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 Address903 Peninsula Tower – 1 Peninsula Corporate Park G Kadam Marg Off.Senapati Bapat Marg Low, Er Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Victory 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 Victory Mercantile Private Limited
FY 2025 filings availableVictory Mercantile Private Limited reported revenue of ₹1.59 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 30% growth in the latest year. EBITDA rose 26% 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 | ₹1.46 Cr | ||||
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| Net Profit (PAT) | ₹1.21 Cr | ||||
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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 | 91.5% | ||||
| Net Profit Margin | 75.9% | ||||
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To see the full financial statements and ratios of Victory Mercantile Private Limited, buy the company report.
Board of directors of Victory Mercantile Private Limited
Victory 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 |
|---|---|---|---|---|
| Vilas Francis Dias Also directs: Jindal Combines Pvt Ltd, Aqua Vidyut Private Limited, Anns Realtors Private Limited and 5 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Harihara Nagarajan Subramanian Also directs: Jindal Combines Pvt Ltd, Aqua Vidyut Private Limited, Anns Realtors Private Limited and 5 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Victory Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R R Toshniwal and Co Pvt Ltd | ₹1.59 Cr (FY 2025) | 27.0% | Delhi, India | |||
| Cloudlife Holdings Private Limited | ₹1.59 Cr (FY 2025) | 27.0% | Chennai, Tamil Nadu, India | |||
| Coromandel Refractories Private Limited | ₹1.59 Cr (FY 2025) | -3.0% | Tamil Nadu, India | |||
| Navashree Estates Pvt Ltd | ₹1.59 Cr (FY 2025) | -51.0% | Kolkata, West Bengal, India | |||
| Lofty Foods Private Limited | ₹1.59 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Victory Mercantile Private Limitedthis company | ₹1.59 Cr (FY 2025) | ₹1.21 Cr | 75.9% | 30.0% | Mumbai, Maharashtra, India | |
| Suncity Polyester Pvt Ltd | ₹1.59 Cr (FY 2024) | 70.0% | Jaipur, Rajasthan, India | |||
| Fulbari Developers Private Limited | ₹1.59 Cr (FY 2024) | 18.0% | Siliguri, West Bengal, India | |||
| Jamal Properties Private Limited | ₹1.59 Cr (FY 2025) | 4.0% | Vasai, Maharashtra, India | |||
| Eternal Industries & Warehousing Private Limited | ₹1.59 Cr (FY 2025) | 5.0% | Delhi, India | |||
| Girijadevi Girishbabu Cold Storage Private Limited | ₹1.59 Cr (FY 2025) | -4.0% | Farrukhabad, Uttar Pradesh, India |
To see the full peer comparison of Victory Mercantile Private Limited, buy the company report.
Auditor
Victory Mercantile Private Limited is audited by P K M G & COMPANY for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P K M G & COMPANY | FY 2019 | 129894W |
Shareholding
The shareholding of Victory Mercantile Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Victory Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2019 | 100269583 | Others | ₹94 Cr | Satisfied | |
| 06 Apr 2013 | 10506897 | Others | ₹14 Cr | Satisfied | |
| 11 Aug 2005 | 90367514 | Housing Development Finance Corp Ltd. | ₹3.29 Cr | Satisfied |
To see the full charge records of Victory Mercantile Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Victory 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 Victory Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victory Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV8709M1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Victory Mercantile Private Limited, buy the company report.
Recent activity
Victory Mercantile Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Dilip Gopal Bhandari ceased to be Additional Director on 30 Sep 2022.
4 earlier events are in the company report.
Frequently asked questions
Victory Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 16 October 2003 (23+ years old) and is registered under CIN U51909MH2003PTC142711.
Victory Mercantile has 2 current directors:
- Vilas Francis Dias - Director
- Harihara Nagarajan Subramanian - Director
The latest financial statements of Victory 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 Victory Mercantile is 27AABCV8709M1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Victory Mercantile is U51909MH2003PTC142711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Mercantile was incorporated on 16 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Victory Mercantile by revenue are R R Toshniwal and Co Pvt Ltd, Cloudlife Holdings Private Limited, Coromandel Refractories Private Limited, Navashree Estates Pvt Ltd, Lofty Foods Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Dilip Gopal Bhandari ceased to be Additional Director on 30 Sep 2022. Harihara Nagarajan Subramanian ceased to be Additional Director on 30 Sep 2022. Vilas Francis Dias ceased to be Additional Director on 30 Sep 2022. Victory Mercantile has 7 board changes on record in total.
The registered office of Victory Mercantile is at 903 Peninsula Tower – 1 Peninsula Corporate Park G Kadam Marg Off.Senapati Bapat Marg Low, Er Parel, Mumbai, Maharashtra, India – 400013.
Victory Mercantile operates in the financial services industry, in the real estate financing segment.
Victory Mercantile has no open charges and satisfied charges of ₹111.29 Cr as per latest MCA filings.
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