Vyas Mercantile Private Limited
About Vyas Mercantile Private Limited
Data last updated:
Vyas Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 18 July 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PTC283760. Its GSTIN is 27AAFCV5390N1ZM (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Abhishek Singh and Mohammad Asif Khilafat Hussain Bhatti.
Its last annual general meeting (AGM) was held on 25 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 402 Corporate Annex Next To Udyog Bhavan Sonawala Lane Goregaon East, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2020, the company reported a revenue of ₹9.41 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹12.62 Lakh (net margin -134.1%) and EBITDA of -₹12.62 Lakh (EBITDA margin -134.1%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
Contact details
Vyas Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address402 Corporate Annex Next To Udyog Bhavan Sonawala Lane Goregaon East, Mumbai, Maharashtra, India – 400063
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Vyas 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 Vyas 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 Vyas Mercantile Private Limited, buy the company report.
Financials of Vyas Mercantile Private Limited
FY 2020 filings availableVyas Mercantile Private Limited reported revenue of ₹9.41 Lakh (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 85% over three years. EBITDA rose 83% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.41 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹12.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹12.62 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -134.1% | |||
| Net Profit Margin | -134.1% | |||
| 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 Vyas Mercantile Private Limited, buy the company report.
Board of directors of Vyas Mercantile Private Limited
Vyas Mercantile has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Singh | Director | 20 Jul 2016 | 10 Years 3 Months | As last reported |
| Mohammad Asif Khilafat Hussain Bhatti | Director | 01 Apr 2017 | 9 Years 6 Months | As last reported |
| Sachin Dharmendrakumar Jain Also directs: Jay Madhav Gaushala Foundation | Irp/Rp/Liquidator | 09 Oct 2023 | 3 Years 0 Months | As last reported |
Auditor
Vyas Mercantile Private Limited is audited by Shah Rajan And Associates for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Rajan And Associates | FY 2020 | 151184W |
Shareholding
The shareholding of Vyas Mercantile Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vyas Mercantile Private Limited, buy the company report.
Legal cases
Vyas Mercantile Private Limited has 2 court cases on record: 1 filed by Vyas Mercantile, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 2 | 0 |
Cases on record (3 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Ankur Kumar - Resolution Professional of Vyas Mercantile Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vyas Mercantile Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Vyas Mercantile Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vyas Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vyas Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCV5390N1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vyas Mercantile Private Limited, buy the company report.
Recent activity
Vyas Mercantile Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Sachin Dharmendrakumar Jain was appointed as Irp/Rp/Liquidator on 09 Oct 2023.
Frequently asked questions
Vyas Mercantile has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Vyas Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT products retail and distribution, within the information technology industry. It was incorporated on 18 July 2016 and is registered under CIN U51909MH2016PTC283760. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Vyas Mercantile was incorporated on 18 July 2016. It is registered with the Registrar of Companies, Mumbai.
Vyas Mercantile had 3 directors:
- Abhishek Singh - Director
- Mohammad Asif Khilafat Hussain Bhatti - Director
- Sachin Dharmendrakumar Jain - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Vyas Mercantile is U51909MH2016PTC283760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Vyas Mercantile is at 402 Corporate Annex Next To Udyog Bhavan Sonawala Lane Goregaon East, Mumbai, Maharashtra, India – 400063.
The latest financial statements of Vyas Mercantile on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 25 December 2020. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vyas Mercantile is 27AAFCV5390N1ZM, registered in Maharashtra.
Vyas Mercantile operated in the information technology industry, in the IT products retail and distribution segment.
Vyas Mercantile has 2 court cases on record: 1 filed by the company and 2 filed against it.