About Vivid Mercantile Limited
Data last updated: 05 January 2026
Vivid Mercantile Limited is a public limited company based in City Ahmedabad, Gujarat, India. It specialises in commercial printing services, a part of the broader media and publishing sector. Incorporated on 04 March 1994, the company has been in operation for over 32 years.
Registered with ROC Ahmedabad under CIN U70100GJ1994PLC021483. Listed on BSE: 542046.
Capital: an authorised share capital of ₹10.03 Cr and a paid-up capital of ₹10.03 Cr. Formerly known as Veeram Infra Engineering Limited and Vivid Offset Printers Pvt Ltd. It is led by directors including Dhaval Satishkumar Gajjar and Umeshbhai Rasiklal Gor.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: City Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.75 Cr, a decline of 41% compared to the previous year.
The company is associated with 1 brand - Veeram Infra Engineering. As per MCA filings, the company has open charges of ₹14 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vividmercantile.com.
-
Email**************
-
Telephone**************
-
Website**************
-
Social Media**************
-
Registered AddressG/19 Hemkut Owners Association, Opp. Capital Comm Centre, City Ahmedabad, Gujarat, India – 380009
-
IndustryMedia and Publishing, Commercial Printing Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Vivid Mercantile Limited
Vivid Mercantile Limited has undergone 4 name changes throughout its history. The current legal name is Vivid Mercantile Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Vivid Mercantile Limited | Current |
| Veeram Infra Engineering Limited | Previous |
| Vivid Offset Printers Pvt Ltd | Previous |
| Satya Realities Private Limited | Previous |
| Veeram Infra Engineering Private Limited | Previous |
CIN History of Vivid Mercantile Limited
Vivid Mercantile Limited has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74110GJ1994PLC021483, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74110GJ1994PLC021483 | Current |
| U70100GJ1994PLC021483 | Previous |
| U22219GJ1994PTC021483 | Previous |
| U74110GJ1994PLC021483 | Previous |
| U70100GJ1994PTC021483 | Previous |
Associated Brands with Vivid Mercantile Limited
Vivid Mercantile Limited operates one associated brand: Veeram Infra Engineering. These brands represent Vivid Mercantile Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offset and commercial printing services are provided for businesses. | veeraminfra.com |
Business Activity of Vivid Mercantile Limited
Vivid Mercantile Limited is engaged in the principal business activity of manufacturing, with detailed activities including printing, reproduction of recorded media.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C4 | Printing, reproduction of recorded media | ********* |
Auditor Details of Vivid Mercantile Limited
Vivid Mercantile Limited is audited by Shah Karia & Associates (ICAI peer reviewed, certificate valid till 2028-08-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Shah Karia & Associates (ICAI peer reviewed, certificate valid till 2028-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Vivid Mercantile Limited
Vivid Mercantile Limited is currently managed by 7 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Satishkumar Gajjar | Director | 30 Dec 2017 | 8 Years 6 Months | Current |
|
Umeshbhai Rasiklal Gor
Also directs:
Gautam Gems Limited, Encode Packaging India Limited
|
Director | 06 Sep 2022 | 3 Years 10 Months | Current |
|
Jaymin Rakeshkumar Shah
Also directs:
Muroarte Studio Llp
|
Director | 08 Jul 2023 | 3 Years 0 Months | Current |
| Ayush Manishbhai Shah | Director | 08 Jul 2023 | 3 Years 0 Months | Current |
| Geetaben Satishbhai Gajjar | Whole-Time Director | 05 Sep 2003 | 22 Years 10 Months | Current |
| Satishkumar Ramanlal Gajjar | Managing Director | 10 Jul 2001 | 24 Years 11 Months | Current |
Financials of Vivid Mercantile Limited FY 2026 filings available
Vivid Mercantile Limited reported revenue of ₹46.91 Cr (up 242.17% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹46.91 Cr | ₹13.71 Cr | ₹9.73 Cr | ₹4.42 Cr | ₹17.87 Cr | ₹16.97 Cr | ₹30.01 Cr | ₹11.31 Cr |
| Other Income | ₹1.73 Cr | ₹3.04 Cr | ₹18.6 Cr | ₹4.98 Cr | ₹5.21 Cr | ₹3.66 Cr | ₹4.23 Lakh | ₹5.69 Lakh |
| Total Income | ₹48.64 Cr | ₹16.75 Cr | ₹28.33 Cr | ₹9.39 Cr | - | - | - | ₹11.37 Cr |
| Cost of Materials Consumed | ₹19.86 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹29.41 Cr | ₹11.55 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹15.09 Cr | ₹17.85 Cr | ₹17.86 Cr | ₹23.49 Cr | ₹23.14 Cr | ₹0 | ₹0 |
| Changes in Inventories | ₹14.61 Cr | -₹35.62 Lakh | -₹5.61 Cr | -₹13.33 Cr | -₹5.89 Cr | -₹6.38 Cr | ₹0 | -₹25 Lakh |
| Employee Benefit Expense | ₹38.08 Lakh | ₹27.21 Lakh | ₹15.43 Lakh | ₹15.14 Lakh | ₹11.04 Lakh | ₹7.3 Lakh | ₹0 | ₹29,000 |
| Finance Costs | ₹12,000 | ₹5,000 | ₹5,000 | ₹2,000 | ₹5,000 | ₹2,000 | ₹0 | ₹5,000 |
| Depreciation & Amortisation | ₹1.01 Lakh | ₹99,000 | ₹2.18 Lakh | ₹7.61 Lakh | - | - | - | ₹14.81 Lakh |
| Other Expenses | ₹77.03 Lakh | ₹14.54 Lakh | ₹97.11 Lakh | ₹14 Lakh | ₹7.64 Lakh | ₹8.6 Lakh | ₹59.58 Lakh | ₹2.96 Cr |
| Total Expenses | ₹35.63 Cr | ₹15.16 Cr | ₹13.39 Cr | ₹4.9 Cr | ₹17.89 Cr | ₹17 Cr | ₹30.09 Cr | ₹14.41 Cr |
| Profit Before Exceptional Items & Tax | ₹13.01 Cr | ₹1.59 Cr | ₹14.94 Cr | ₹4.49 Cr | - | - | - | -₹3.05 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | - | - | - | ₹0 |
| Profit Before Tax | ₹13.01 Cr | ₹1.59 Cr | ₹14.94 Cr | ₹4.49 Cr | ₹5.19 Cr | ₹3.63 Cr | -₹4.09 Lakh | -₹3.05 Cr |
| Total Tax Expense | ₹2.23 Cr | ₹21.74 Lakh | ₹1.96 Cr | ₹15.5 Lakh | ₹50.3 Lakh | ₹5 Lakh | ₹0 | ₹0 |
| Net Profit | ₹10.79 Cr | ₹1.38 Cr | ₹12.98 Cr | ₹4.34 Cr | ₹4.69 Cr | ₹3.58 Cr | -₹4.09 Lakh | -₹3.05 Cr |
| Other Comprehensive Income | ₹1.52 Cr | ₹0 | ₹9.82 Cr | ₹0 | - | - | - | ₹0 |
| Total Comprehensive Income | ₹12.31 Cr | ₹1.38 Cr | ₹22.8 Cr | ₹4.34 Cr | - | - | - | -₹3.05 Cr |
| EBITDA (computed) | ₹13.03 Cr | ₹1.6 Cr | ₹14.96 Cr | ₹4.57 Cr | - | - | - | -₹2.9 Cr |
| Basic EPS | ₹1.08 | ₹0.14 | ₹12.94 | ₹4.33 | - | - | - | ₹-3.83 |
| Diluted EPS | ₹1.08 | ₹0.14 | ₹12.94 | ₹4.33 | - | - | - | ₹-3.83 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹71.13 Cr | ₹59.2 Cr | ₹59.96 Cr | ₹33.5 Cr | ₹26.43 Cr | ₹20.54 Cr | ₹25.89 Cr | ₹17.39 Cr |
| Non-current Assets | ₹28.27 Lakh | ₹23.24 Lakh | ₹24.02 Lakh | ₹4.89 Cr | ₹9.76 Cr | ₹10.78 Cr | ₹1.03 Cr | ₹1.12 Cr |
| Current Assets | ₹70.85 Cr | ₹58.96 Cr | ₹59.72 Cr | ₹28.61 Cr | ₹16.67 Cr | ₹9.76 Cr | ₹24.86 Cr | ₹16.27 Cr |
| Property, Plant & Equipment | ₹22.39 Lakh | ₹23.24 Lakh | ₹24.02 Lakh | ₹25.32 Lakh | - | - | - | ₹1.12 Cr |
| Inventories | ₹4.78 Cr | ₹19.39 Cr | ₹19.03 Cr | ₹28.06 Cr | ₹14.73 Cr | ₹8.83 Cr | ₹2.46 Cr | ₹2.46 Cr |
| Trade Receivables | ₹4.27 Cr | ₹7.56 Cr | ₹5.27 Cr | ₹32.11 Lakh | - | - | - | ₹5.37 Cr |
| Cash & Equivalents | ₹2.27 Cr | ₹10.65 Lakh | ₹11.04 Lakh | ₹16.95 Lakh | ₹2.67 Lakh | ₹14.86 Lakh | ₹7.91 Lakh | ₹11.57 Lakh |
| Equity (Net Worth) | ₹56.2 Cr | ₹53.72 Cr | ₹52.34 Cr | ₹29.54 Cr | - | - | - | ₹16.94 Cr |
| Equity Share Capital | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | ₹10.03 Cr | - | - | - | ₹7.96 Cr |
| Borrowings (Non-current) | ₹7 Lakh | ₹0 | ₹0 | ₹0 | - | - | - | ₹0 |
| Borrowings (Current) | ₹0 | ₹2.51 Cr | ₹4.51 Cr | ₹3.47 Cr | - | - | - | ₹43.26 Lakh |
| Total Debt (computed) | ₹7 Lakh | ₹2.51 Cr | ₹4.51 Cr | ₹3.47 Cr | - | - | - | ₹43.26 Lakh |
| Current Liabilities | ₹5.64 Cr | ₹4.36 Cr | ₹6.52 Cr | ₹3.96 Cr | ₹1.23 Cr | ₹6.13 Lakh | ₹8.98 Cr | ₹44.31 Lakh |
| Total Liabilities | ₹14.93 Cr | ₹5.48 Cr | ₹7.62 Cr | ₹3.96 Cr | - | - | - | ₹44.31 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹28.01 Cr | -₹6.04 Cr | -₹21.27 Cr | -₹16.36 Cr | ₹9.21 Lakh |
| Investing Cash Flow | -₹15.13 Cr | ₹8.02 Cr | ₹9.28 Cr | ₹12.92 Cr | ₹5.27 Cr |
| Financing Cash Flow | -₹10.71 Cr | -₹1.99 Cr | ₹11.93 Cr | ₹4.92 Cr | ₹63.22 Lakh |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹95,000 | - |
| Free Cash Flow (computed) | ₹28.01 Cr | -₹6.04 Cr | -₹21.27 Cr | -₹16.37 Cr | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹2.17 Cr | -₹38,000 | -₹5.92 Lakh | ₹1.48 Cr | ₹6 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹13.6 Cr | ₹30.26 Cr | ₹1.37 Cr | ₹1.69 Cr | ₹1.89 Cr | ₹32.86 Lakh | ₹9.48 Cr |
| Other Income | ₹1.72 Cr | ₹65,000 | ₹2,000 | ₹0 | ₹68.49 Lakh | -₹24.26 Lakh | ₹26.54 Lakh |
| Total Income | ₹15.32 Cr | ₹30.26 Cr | ₹1.37 Cr | ₹1.69 Cr | ₹2.57 Cr | ₹8.6 Lakh | ₹9.74 Cr |
| Cost of Materials Consumed | ₹12.97 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹5.34 Cr | ₹92.51 Lakh | ₹62.47 Lakh | ₹4.77 Cr | ₹3.39 Cr | ₹2.24 Cr |
| Changes in Inventories | ₹6.28 Cr | ₹9.89 Cr | -₹93.51 Lakh | -₹62.47 Lakh | -₹3.07 Cr | -₹3.61 Cr | ₹6.9 Cr |
| Employee Benefit Expense | ₹16.49 Lakh | ₹7.22 Lakh | ₹7.18 Lakh | ₹7.19 Lakh | ₹3.59 Lakh | ₹3.58 Lakh | ₹3.26 Lakh |
| Finance Costs | ₹2,000 | ₹1,000 | ₹9,000 | ₹0 | ₹1,000 | ₹1,000 | ₹0 |
| Depreciation & Amortisation | ₹1.01 Lakh | -₹44,000 | ₹44,000 | ₹0 | ₹58,000 | ₹1.09 Lakh | ₹0 |
| Other Expenses | -₹6.33 Cr | ₹6.95 Cr | -₹8.36 Lakh | ₹22.7 Lakh | ₹7.9 Lakh | ₹90,000 | ₹7.52 Lakh |
| Total Expenses | ₹13.1 Cr | ₹22.24 Cr | -₹1.65 Lakh | ₹29.89 Lakh | ₹1.82 Cr | -₹16.39 Lakh | ₹9.24 Cr |
| Profit Before Exceptional Items & Tax | ₹2.22 Cr | ₹8.02 Cr | ₹1.38 Cr | ₹1.39 Cr | ₹75.27 Lakh | ₹24.99 Lakh | ₹50.35 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.22 Cr | ₹8.02 Cr | ₹1.38 Cr | ₹1.39 Cr | ₹75.27 Lakh | ₹24.99 Lakh | ₹50.35 Lakh |
| Total Tax Expense | ₹77.58 Lakh | ₹80 Lakh | ₹47 Lakh | ₹18 Lakh | ₹10 Lakh | ₹0 | ₹10 Lakh |
| Net Profit | ₹1.44 Cr | ₹7.22 Cr | ₹91.24 Lakh | ₹1.21 Cr | ₹65.27 Lakh | ₹24.99 Lakh | ₹40.35 Lakh |
| Other Comprehensive Income | ₹1.52 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹2.17 Cr | ₹0 |
| Total Comprehensive Income | ₹2.96 Cr | ₹7.22 Cr | ₹91.24 Lakh | ₹1.21 Cr | ₹65.27 Lakh | ₹2.42 Cr | ₹40.35 Lakh |
| EBITDA (computed) | ₹2.23 Cr | ₹8.01 Cr | ₹1.39 Cr | ₹1.39 Cr | ₹75.86 Lakh | ₹26.09 Lakh | ₹50.35 Lakh |
| Basic EPS | ₹0.14 | ₹0.72 | ₹0.91 | ₹0.12 | ₹0.65 | ₹2.42 | ₹0.40 |
| Diluted EPS | ₹0.14 | ₹0.72 | ₹0.91 | ₹0.12 | ₹0.65 | ₹2.42 | ₹0.40 |
Charges & Borrowings of Vivid Mercantile Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Mar 2004 | The United Western Bank Limited | ₹5 Lakh | Open |
| 10 Feb 2004 | The United Western Bank Limited | ₹7 Lakh | Open |
| 25 Oct 1994 | Vijaya Bank | ₹2 Lakh | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Vivid Mercantile Limited
View historical data on people associated with Vivid Mercantile Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Vivid Mercantile Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Vivid Mercantile Limited
GSTIN & GST Filing Data of Vivid Mercantile Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Vivid Mercantile Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Vivid Mercantile Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Vivid Mercantile Limited
MSME Payment Delays by Vivid Mercantile Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Vivid Mercantile Limited
Subsidiaries & Group Companies of Vivid Mercantile Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Vivid Mercantile Limited with ownership details.
MCA Filings & Documents of Vivid Mercantile Limited
MCA Filings & Documents of Vivid Mercantile Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Vivid Mercantile Limited
Frequently Asked Questions about Vivid Mercantile Limited
Vivid Mercantile Limited is an active public limited company in the media and publishing sector based in City Ahmedabad, Gujarat, India. It was incorporated on 04 March 1994 (32+ years old) and is registered under CIN L74110GJ1994PLC021483. Listed on BSE: 542046.
Vivid Mercantile Limited reported revenue of ₹16.75 Cr for FY 2025 (down 41.00% YoY).
The current directors of Vivid Mercantile Limited are:
- Dhaval Satishkumar Gajjar
- Umeshbhai Rasiklal Gor
- Priti Jain
- Satishkumar Ramanlal Gajjar
- Jaymin Rakeshkumar Shah
- Ayush Manishbhai Shah
- Geetaben Satishbhai Gajjar
The primary industry of Vivid Mercantile Limited is media and publishing. The company specifically operates in commercial printing services. The company is currently active in this sector.
Yes. Vivid Mercantile Limited is listed on BSE with code 542046.
Vivid Mercantile Limited can be reached at the registered office: G19 Hemkut Owners Association, Opp. Capital Comm Centre, City Ahmedabad, Gujarat, India – 380009, or through the website vividmercantile.com.