Visal Mercantile Private Limited
About Visal Mercantile Private Limited
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Visal Mercantile Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the cold storage and warehousing services segment of the transport and logistics sector. It was incorporated on 11 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1999PTC120292.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.11 Lakh. It is led by directors including Damayanti Jagdish Gala and Kaushal Jagdish Gala.
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 1102 Tulsi Towers A Wing M.G.Road H.N.Compound Goregaon(W), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.2 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7,727 (net margin 2.4%) and EBITDA of ₹10,447 (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹5.23 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Visal 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 Address1102 Tulsi Towers A Wing M.G.Road H.N.Compound Goregaon(W), Mumbai, Maharashtra, India – 400062
- IndustryTransport and Logistics, Cold Storage & Warehousing Services
To see the full contact details of Visal 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
Business activity
The main business activity of Visal Mercantile is transportation and storage. In detail, this covers warehousing and support activities for transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 52 | Warehousing and support activities for transportation |
To see the full business activity and turnover split of Visal Mercantile Private Limited, buy the company report.
Financials of Visal Mercantile Private Limited
FY 2025 filings availableVisal Mercantile Private Limited reported revenue of ₹3.2 Lakh (up 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 2% growth in the latest year. EBITDA fell 6% 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 | ₹10,447 | ||||
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| Net Profit (PAT) | ₹7,727 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Visal Mercantile Private Limited, buy the company report.
Board of directors of Visal Mercantile Private Limited
Visal Mercantile has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damayanti Jagdish Gala | Director | 15 Sep 2002 | 24 Years 1 Months | Current |
| Kaushal Jagdish Gala Also directs: Keval Kaushal Exim LLP, Samyak Realties and Infra LLP, Safal Industrial Corporation Private Limited and 4 more | Director | 15 Sep 2002 | 24 Years 1 Months | Current |
| Jagdish Shamji Gala Also directs: Keval Kaushal Exim LLP, Samyak Realties and Infra LLP, Safal Industrial Corporation Private Limited and 1 more | Director | 11 Jun 1999 | 27 Years 5 Months | Current |
Auditor
Visal Mercantile Private Limited is audited by A N VEERA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A N VEERA & ASSOCIATES | FY 2023 | 142031W |
Shareholding
The shareholding of Visal Mercantile Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Visal Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2019 | 100277057 | Others | ₹2.38 Cr | Satisfied | |
| 28 Jan 2012 | 10343396 | State Bank of India | ₹2.85 Cr | Satisfied |
To see the full charge records of Visal Mercantile Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Visal 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 Visal 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 Visal Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Visal Mercantile Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Damayanti Jagdish Gala was appointed as Director on 15 Sep 2002.
Frequently asked questions
Visal Mercantile is an active private limited company based in Mumbai, Maharashtra, India. The company works in cold storage and warehousing services, within the transport and logistics industry. It was incorporated on 11 June 1999 (27+ years old) and is registered under CIN U51900MH1999PTC120292.
Visal Mercantile has 3 current directors:
- Damayanti Jagdish Gala - Director
- Kaushal Jagdish Gala - Director
- Jagdish Shamji Gala - Director
The latest financial statements of Visal 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 Visal Mercantile is U51900MH1999PTC120292. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visal Mercantile was incorporated on 11 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Damayanti Jagdish Gala was appointed as Director on 15 Sep 2002. Kaushal Jagdish Gala was appointed as Director on 15 Sep 2002. Jagdish Shamji Gala was appointed as Director on 11 Jun 1999.
The registered office of Visal Mercantile is at 1102 Tulsi Towers A Wing M.G.Road H.N.Compound GoregaonW, Mumbai, Maharashtra, India – 400062.
Visal Mercantile operates in the transport and logistics industry, in the cold storage and warehousing services segment.
Visal Mercantile has no open charges and satisfied charges of ₹5.23 Cr as per latest MCA filings.
The compliance status of Visal Mercantile is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
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