Yamini Mercantiles Private Limited
About Yamini Mercantiles Private Limited
Data last updated:
Yamini Mercantiles Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the diversified financial services segment of the financial services sector. It was incorporated on 06 February 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1995PTC085300. Its GSTIN is 27AAACY0488P1ZN (Maharashtra).
The company had an authorised share capital of ₹2.01 Cr and a paid-up capital of ₹1.66 Cr. It was led by directors including Kamal Kishore Somani and Rachit Somani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.78 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹38.45 Lakh (net margin 66.6%) and EBITDA of ₹50.5 Lakh (EBITDA margin 87.4%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 25% over five years.
As per MCA filings, the company has satisfied charges of ₹2.55 Cr on record.
Company details
Contact details
Yamini Mercantiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Yamini Mercantiles 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 Yamini Mercantiles is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
Financials of Yamini Mercantiles Private Limited
FY 2024 filings availableYamini Mercantiles Private Limited reported revenue of ₹57.78 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA rose 102% 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 | ₹50.5 Lakh | ||||
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| Net Profit (PAT) | ₹38.45 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.4% | ||||
| Net Profit Margin | 66.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Yamini Mercantiles Private Limited, buy the company report.
Board of directors of Yamini Mercantiles Private Limited
Yamini Mercantiles 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 |
|---|---|---|---|---|
| Kamal Kishore Somani | Director | 31 Jul 1997 | 29 Years 3 Months | As last reported |
| Rachit Somani | Director | 31 Dec 2009 | 16 Years 10 Months | As last reported |
| Narayan Prasad Chitlangia | Director | 30 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Yamini Mercantiles Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MPF Dream World International Nidhi Limited | ₹57.99 Lakh (FY 2023) | -24.0% | Ahmedabad, Gujarat, India | |||
| Rastogi & Rastogi Financial Consultancy Services Private Limited | ₹57.88 Lakh (FY 2025) | 5.0% | Hyderabad, Telangana, India | |||
| Yamini Mercantiles Private Limitedthis company | ₹57.78 Lakh (FY 2024) | ₹38.45 Lakh | 66.6% | 30.0% | Mumbai, Maharashtra, India | |
| SS Marcs & Patent Solutions Private Limited | ₹57.74 Lakh (FY 2024) | -41.0% | New Delhi, Delhi, India | |||
| Sammaan Insurance Advisors Limited | ₹57.74 Lakh (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Yamini Mercantiles Private Limited, buy the company report.
Auditor
Yamini Mercantiles Private Limited is audited by P A BANSAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P A BANSAL & ASSOCIATES | FY 2022 | 131860W |
Shareholding
The shareholding of Yamini Mercantiles 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Yamini Mercantiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2014 | 10511236 | Syndicate Bank | ₹2.55 Cr | Satisfied |
To see the full charge records of Yamini Mercantiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Yamini Mercantiles 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 Yamini Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Yamini Mercantiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACY0488P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Yamini Mercantiles Private Limited, buy the company report.
Recent activity
Yamini Mercantiles Private Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Narayan Prasad Chitlangia ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Yamini Mercantiles has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Yamini Mercantiles was a private limited company based in Mumbai, Maharashtra, India. The company worked in diversified financial services, within the financial services industry. It was incorporated on 06 February 1995 and is registered under CIN U51900MH1995PTC085300. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Yamini Mercantiles is U51900MH1995PTC085300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yamini Mercantiles had 3 directors:
- Kamal Kishore Somani - Director
- Rachit Somani - Director
- Narayan Prasad Chitlangia - Director
Yamini Mercantiles was incorporated on 06 February 1995. It is registered with the Registrar of Companies, Mumbai.
The registered office of Yamini Mercantiles is at 101A 10th Floor Mittal Court Nariman Point, Mumbai, Maharashtra, India – 400021.
The latest financial statements of Yamini Mercantiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Yamini Mercantiles is 27AAACY0488P1ZN, registered in Maharashtra.
Yamini Mercantiles operated in the financial services industry, in the diversified financial services segment.
The peers of Yamini Mercantiles by revenue are MPF Dream World International Nidhi Limited, Rastogi & Rastogi Financial Consultancy Services Private Limited, SS Marcs & Patent Solutions Private Limited, Sammaan Insurance Advisors Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Narayan Prasad Chitlangia ceased to be Additional Director on 30 Sep 2016. Narayan Prasad Chitlangia was appointed as Director on 30 Jun 2016. Rachit Somani ceased to be Director Appointed In Casual Vacancy on 26 Sep 2011. Yamini Mercantiles has 6 board changes on record in total.
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