MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0063872
VXL Mercantile Private Limited
VXL Mercantile Private Limited - plastics in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.79 Cr
▼ 27% YoY
Net profit · FY 2025
₹18.92 Lakh
Net margin 10.6%
EBITDA · FY 2025
₹33.3 Lakh
EBITDA margin 18.7%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹25.28 Lakh
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About VXL Mercantile Private Limited
Data last updated:
VXL Mercantile Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the fabricated metal products segment of the plastics and polymers sector. It was incorporated on 01 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14290RJ2014PTC045854. Its GSTIN is 08AAECV8327L1ZS (Rajasthan).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Vxl Mineral and Alloys Private Limited. It is led by directors Surbhi Jain and Aryaman Patni.
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 F – 99 First Floor Alankar Plaza Central Spine Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302039.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.79 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹18.92 Lakh (net margin 10.6%) and EBITDA of ₹33.3 Lakh (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹25.28 Lakh on record.
VXL Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0063872). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U14290RJ2014PTC045854
Registration Number 045854
Incorporation Date 01 July 2014
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0063872
CIN history
VXL Mercantile has one previous CIN (Corporate Identification Number): U27109RJ2014PTC045854. The current CIN is U14290RJ2014PTC045854, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14290RJ2014PTC045854 | Current |
| U27109RJ2014PTC045854 | Previous |
Key People
Surbhi Jain Director Aryaman Patni Director Recognitions & Rankings of VXL Mercantile
Contact details
VXL Mercantile Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 99 First Floor Alankar Plaza Central Spine Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302039
- IndustryPlastics, Fabricated Metal Products, Plastic Products, Non-Metallic Mineral Products, Rubber Products
To see the full contact details of VXL Mercantile Private Limited, buy the company report.
Comprehensive company report
VXL Mercantile Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of VXL Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of VXL Mercantile Private Limited, buy the company report.
Financials of VXL Mercantile Private Limited
FY 2025 filings availableVXL Mercantile Private Limited reported revenue of ₹1.79 Cr (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹1.79 Cr ▼ 27%
Net profit · FY 2025
₹18.92 Lakh margin 10.6%
EBITDA · FY 2025
₹33.3 Lakh margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 66%
5 years · compounded
▲ 41%
EBITDA CAGR growth
1 year
▲ 448%
3 years · compounded
▲ 149%
5 years · compounded
▲ 188%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA rose 448% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹33.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.92 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | 10.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of VXL Mercantile Private Limited, buy the company report.
Board of directors of VXL Mercantile Private Limited
VXL Mercantile has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surbhi Jain | Director | 10 Mar 2021 | 5 Years 7 Months | Current |
| Aryaman Patni | Director | 17 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
VXL Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Toppickers Private Limited | ₹1.79 Cr (FY 2025) | 20.0% | Indore, Madhya Pradesh, India | |||
| Shree Balaji Musicals Private Limited | ₹1.79 Cr (FY 2024) | -25.0% | Kolkata, West Bengal, India | |||
| Dhanju Earth Movers Private Limited | ₹1.79 Cr (FY 2024) | 767.0% | Amritsar, Punjab, India | |||
| Stylishlady (India) Private Limited | ₹1.79 Cr (FY 2021) | 69.0% | Kurukshetra, Haryana, India | |||
| Maxima International Traders Private Limited | ₹1.79 Cr (FY 2025) | -62.0% | New Delhi, Delhi, India | |||
| VXL Mercantile Private Limitedthis company | ₹1.79 Cr (FY 2025) | ₹18.92 Lakh | 10.6% | -27.0% | Jaipur, Rajasthan, India | |
| Koleksi Industries Private Limited | ₹1.79 Cr (FY 2024) | 10287.0% | Delhi, India | |||
| Autosol India Private Limited | ₹1.78 Cr (FY 2025) | 25.0% | Chennai, Tamil Nadu, India | |||
| Mayflower Exim Private Limited | ₹1.78 Cr (FY 2024) | 27.0% | Hyderabad, Telangana, India | |||
| Doers Energy Solutions Private Limited | ₹1.78 Cr (FY 2018) | Bangalore, Karnataka, India | ||||
| Invented Ideas Private Limited | ₹1.78 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India |
To see the full peer comparison of VXL Mercantile Private Limited, buy the company report.
Auditor
VXL Mercantile Private Limited is audited by Rajendra Sethia & Company for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajendra Sethia & Company | FY 2017 | 19639C |
Shareholding
The shareholding of VXL Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of VXL Mercantile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25.28 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2024 | 100904958 | Hdfc Bank Limited | ₹15.21 Lakh | Open | |
| 23 Aug 2021 | 100472708 | Hdfc Bank Limited | ₹10.07 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving VXL 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 VXL Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
VXL Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAECV8327L1ZS | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of VXL Mercantile Private Limited, buy the company report.
Recent activity
VXL Mercantile Private Limited has 7 board changes on record since 2017: 2 appointments and 5 cessations. The latest: Aryaman Patni was appointed as Director on 17 Jul 2025.
AGM
Vxl Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Aryaman Patni was appointed as Director.
Filing
Vxl Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.21 Lakh with Charge ID 100904958 was registered on 28 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.07 Lakh with Charge ID 100472708 was registered on 23 Aug 2021.
Ceased
Bhupendra Kala ceased to be Director.
Appointed
Surbhi Jain was appointed as Director.
Ceased
Surbhi Jain ceased to be Director.
Ceased
Sunita Patni ceased to be Director.
Ceased
Prem Lata Patni ceased to be Director.
Ceased
Rajesh Patni ceased to be Director.
Incorporation
01 Jul 2014
Vxl Mercantile Private Limited was registered on 01 Jul 2014 with Roc Jaipur & aged 12 years 4 months as per MCA records.
Frequently asked questions
VXL Mercantile is an active private limited company based in Jaipur, Rajasthan, India. The company works in fabricated metal products, within the plastics industry. It was incorporated on 01 July 2014 (12+ years old) and is registered under CIN U14290RJ2014PTC045854.
VXL Mercantile has 2 current directors:
- Surbhi Jain - Director
- Aryaman Patni - Director
The latest financial statements of VXL 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 VXL Mercantile is 08AAECV8327L1ZS, registered in Rajasthan.
The CIN (Corporate Identification Number) of VXL Mercantile is U14290RJ2014PTC045854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
VXL Mercantile was incorporated on 01 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of VXL Mercantile by revenue are Toppickers Private Limited, Shree Balaji Musicals Private Limited, Dhanju Earth Movers Private Limited, Stylishlady (India) Private Limited, Maxima International Traders Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Aryaman Patni was appointed as Director on 17 Jul 2025. Bhupendra Kala ceased to be Director on 10 Mar 2021. Surbhi Jain was appointed as Director on 10 Mar 2021. VXL Mercantile has 7 board changes on record in total.
Yes, VXL Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0063872).
The registered office of VXL Mercantile is at F – 99 First Floor Alankar Plaza Central Spine Vidhyadhar Nagar, Jaipur, Rajasthan, India – 302039.
VXL Mercantile operates in the plastics industry, in the fabricated metal products segment.
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