Vivid Mercantile Limited

BSE: 542046
Vivid Mercantile Limited - media and publishing in City Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN L74110GJ1994PLC021483 Incorporated 04 March 1994 ROC Ahmedabad HQ City Ahmedabad, Gujarat, India
Active Listed - BSE: 542046 Public Limited Company media and publishing
Data last updated
Revenue · FY 2026
₹46.91 Cr
▲ 242.17% YoY
Computed EBITDA · FY 2026
₹13.03 Cr
▲ 711.63% YoY
Net profit · FY 2026
₹10.79 Cr
▲ 683.44% YoY
Authorised capital
₹10.03 Cr
Registered with MCA
Paid-up capital
₹10.03 Cr
Issued & subscribed
Open charges
₹14 Lakh
Secured borrowings
Company age
32 yrs
Est. 1994
Last financials
Mar 2025
Balance sheet date

About Vivid Mercantile Limited

Data last updated: 14 July 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 BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹46.91 Cr, reflecting significant growth compared to the previous year. The net worth stands at ₹56.2 Cr (up 4.63% YoY). Total assets are valued at ₹71.13 Cr (up 20.17% YoY).

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.

Company Details of Vivid Mercantile Limited
CIN L74110GJ1994PLC021483
Registration Number 021483
Incorporation Date 04 March 1994
ROC Ahmedabad
Listing Status Listed (BSE: 542046)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Satishkumar Ramanlal Gajjar Managing Director Geetaben Satishbhai Gajjar Whole-Time Director Dhaval Satishkumar Gajjar Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    G/19 Hemkut Owners Association, Opp. Capital Comm Centre, City Ahmedabad, Gujarat, India – 380009
  • Industry
    Media and Publishing, Commercial Printing Services
Company report
Vivid Mercantile Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Vivid Mercantile Limited in one report.

10-year financials Directors & ownership Charges & compliance

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
Veeram Infra Engineering
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 Locked
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Business activity turnover details for Vivid Mercantile Limited

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  • Historical classifications
  • Filing-level activity changes

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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 6 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dhaval Satishkumar Gajjar
Also directs: Bss Infotech Limited Liability Partnership, Krina Creation Private Limited, Monkey Pirates Creations Llp
Director 30 Dec 2017 8 Years 7 Months Current
Umeshbhai Rasiklal Gor
Also directs: Gautam Gems Limited, Encode Packaging India Limited
Director 06 Sep 2022 3 Years 11 Months Current
Geetaben Satishbhai Gajjar Whole-Time Director 05 Sep 2003 22 Years 11 Months Current
Satishkumar Ramanlal Gajjar
Also directs: Bss Infotech Limited Liability Partnership, Krina Creation Private Limited
Managing Director 10 Jul 2001 25 Years 1 Months Current
Ayush Manishbhai Shah Director 08 Jul 2023 3 Years 1 Months Current
Jaymin Rakeshkumar Shah
Also directs: Muroarte Studio Llp
Director 08 Jul 2023 3 Years 1 Months Current
View all directors

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.

Revenue · FY 2026
₹46.91 Cr ▲ 242.17%
Profit · FY 2026
₹10.79 Cr ▲ 683.44%
Computed EBITDA · FY 2026
₹13.03 Cr ▲ 711.63%
Revenue₹ Cr · Standalone0204060FY 2019: ₹11 Cr11.3FY 2019FY 2020: ₹30 Cr · +165.3% YoY30+165.3%FY 2020FY 2021: ₹17 Cr · -43.4% YoY17-43.4%FY 2021FY 2022: ₹18 Cr · +5.3% YoY17.9+5.3%FY 2022FY 2023: ₹4 Cr · -75.3% YoY4.4-75.3%FY 2023FY 2024: ₹10 Cr · +120.3% YoY9.7+120.3%FY 2024FY 2025: ₹14 Cr · +40.9% YoY13.7+40.9%FY 2025FY 2026: ₹47 Cr · +242.2% YoY46.9+242.2%FY 2026
Net Profit₹ Cr · Standalone-5051015FY 2019: ₹3 Cr (loss)-3FY 2019FY 2020: ₹0 Cr (loss) · +98.7% YoY-0FY 2020FY 2021: ₹4 Cr · +8859.9% YoY3.6+8859.9%FY 2021FY 2022: ₹5 Cr · +30.9% YoY4.7+30.9%FY 2022FY 2023: ₹4 Cr · -7.5% YoY4.3-7.5%FY 2023FY 2024: ₹13 Cr · +199.3% YoY13+199.3%FY 2024FY 2025: ₹1 Cr · -89.4% YoY1.4-89.4%FY 2025FY 2026: ₹11 Cr · +683.4% YoY10.8+683.4%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year02040Q1'25: ₹9 Cr9.5Q1'25Q2'25: ₹0 Cr0.3Q2'25Q3'25: ₹2 Cr1.9Q3'25Q1'26: ₹2 Cr1.7Q1'26Q2'26: ₹1 Cr · -85.6% YoY1.4-85.6%Q2'26Q3'26: ₹30 Cr · +9107.4% YoY30.3+9107.4%Q3'26Q4'26: ₹14 Cr · +619.9% YoY13.6+619.9%Q4'26
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
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
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
Latest 7 quarters shown.
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Charges & Borrowings of Vivid Mercantile Limited

Open charges
₹14 Lakh
Satisfied charges
₹0
Breakdown by lending institutions
The United Western Bank Limited₹0.12 Cr
Vijaya Bank₹0.02 Cr
Latest charge details
DateLenderAmountStatus
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

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Employee and EPFO history for Vivid Mercantile Limited

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GST Compliance of Vivid Mercantile Limited

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Credit Ratings, Litigation & Regulatory Alerts for Vivid Mercantile Limited

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Credit ratings, litigation, and regulatory alerts for Vivid Mercantile Limited

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MSME Payment Delays by Vivid Mercantile Limited

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MSME payment history for Vivid Mercantile Limited

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Subsidiaries & Group Companies of Vivid Mercantile Limited

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Corporate group structure for Vivid Mercantile Limited

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MCA Filings & Documents of Vivid Mercantile Limited

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MCA filings and documents for Vivid Mercantile Limited

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Recent Activity on Vivid Mercantile Limited

Activity
27 Sep 2025
Vivid Mercantile Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Vivid Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
08 Jul 2023
Ayush Manishbhai Shah was appointed as a Director on 08 Jul 2023 & has been associated with this company since 3 years 1 month.
Directors
08 Jul 2023
Jaymin Rakeshkumar Shah was appointed as a Director on 08 Jul 2023 & has been associated with this company since 3 years 1 month.
Directors
06 Sep 2022
Umeshbhai Rasiklal Gor was appointed as a Director on 06 Sep 2022 & has been associated with this company since 3 years 11 months.
Directors
26 Feb 2021
Priti Jain was appointed as a Company Secretary on 26 Feb 2021 & has been associated with this company since 5 years 5 months.

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 ₹46.91 Cr for FY 2026 (up 242.17% YoY) based on standalone BSE filings.

The current directors of Vivid Mercantile Limited are:

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.

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