
Zipper Mercantiles Pvt.Ltd.
About Zipper Mercantiles Pvt.Ltd.
Data last updated:
Zipper Mercantiles Pvt.Ltd. is a private limited company based in Mandi Gobindgarh, Punjab, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 12 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51109PB1995PTC032078.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.67 Lakh. It is led by directors Brijesh Kumar Gupta and Dev Raj.
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 is at Jain'S Building G.T Road Khanna Side Mandi Gobindgarh, Punjab, India – 147301.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.95 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net profit of ₹5.92 Lakh (net margin 49.5%) and EBITDA of ₹7.83 Lakh (EBITDA margin 65.5%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Zipper Mercantiles has one previous CIN (Corporate Identification Number): U51109WB1995PTC074191. The current CIN is U51109PB1995PTC032078, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109PB1995PTC032078 | Current |
| U51109WB1995PTC074191 | Previous |
Contact details
Zipper Mercantiles Pvt.Ltd.'s registered office is in Mandi Gobindgarh, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressJain'S Building G.T Road Khanna Side Mandi Gobindgarh, Punjab, India – 147301
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Zipper Mercantiles Pvt.Ltd., 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 Zipper 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 |
To see the full business activity and turnover split of Zipper Mercantiles Pvt.Ltd., buy the company report.
Financials of Zipper Mercantiles Pvt.Ltd.
FY 2024 filings availableZipper Mercantiles Pvt.Ltd. reported revenue of ₹11.95 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 92% fall in the latest year. EBITDA rose 103% 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 |
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| EBITDA | ₹7.83 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.92 Lakh | ||||
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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 | 65.5% | ||||
| Net Profit Margin | 49.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Zipper Mercantiles Pvt.Ltd., buy the company report.
Board of directors of Zipper Mercantiles Pvt.Ltd.
Zipper Mercantiles has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Kumar Gupta | Director | 01 Sep 2011 | 15 Years 2 Months | Current |
| Dev Raj | Director | 17 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Zipper Mercantiles Pvt.Ltd. is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| Kailash Impex Pvt Ltd | ₹12.04 Lakh (FY 2024) | Kolkata, West Bengal, India | ||||
| Redux Credit Finance Private Limited | ₹11.99 Lakh (FY 2025) | 3.0% | Gurgaon, Haryana, India | |||
| Zipper Mercantiles Pvt.Ltd.this company | ₹11.95 Lakh (FY 2025) | ₹5.92 Lakh | 49.5% | -92.0% | Mandi Gobindgarh, Punjab, India | |
| Spartex Commotrade Pvt. Ltd. | ₹11.94 Lakh (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Sheela Timber Industries Limited | ₹11.93 Lakh (FY 2025) | -37.0% | Kolkata, West Bengal, India | |||
| Welcome Barter Pvt Ltd | ₹11.93 Lakh (FY 2023) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Zipper Mercantiles Pvt.Ltd., buy the company report.
Auditor
Zipper Mercantiles Pvt.Ltd. is audited by ASHWANI PARDEEP & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI PARDEEP & CO. | FY 2023 | 009099N |
Shareholding
The shareholding of Zipper Mercantiles Pvt.Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zipper Mercantiles Pvt.Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Zipper Mercantiles Pvt.Ltd. 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 Zipper Mercantiles Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Zipper Mercantiles Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Zipper Mercantiles Pvt.Ltd. has 9 board changes on record since 2008: 4 appointments and 5 cessations. The latest: Muthalagu Shenbaga Pandi was appointed as CEO on 24 Jul 2025.
Frequently asked questions
Zipper Mercantiles is an active private limited company based in Mandi Gobindgarh, Punjab, India. The company works in nbfc, within the financial services industry. It was incorporated on 12 September 1995 (31+ years old) and is registered under CIN U51109PB1995PTC032078.
Zipper Mercantiles has 2 current directors:
- Brijesh Kumar Gupta - Director
- Dev Raj - Director
The latest financial statements of Zipper 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 CIN (Corporate Identification Number) of Zipper Mercantiles is U51109PB1995PTC032078. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zipper Mercantiles was incorporated on 12 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Zipper Mercantiles by revenue are Kailash Impex Pvt Ltd, Redux Credit Finance Private Limited, Spartex Commotrade Pvt. Ltd, Sheela Timber Industries Limited, Welcome Barter Pvt Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Muthalagu Shenbaga Pandi was appointed as CEO on 24 Jul 2025. Sekar Rahini was appointed as CFO on 24 Jul 2025. Satinder Nath ceased to be Director on 08 Sep 2011. Zipper Mercantiles has 9 board changes on record in total.
The registered office of Zipper Mercantiles is at JainS Building G.T Road Khanna Side Mandi Gobindgarh, Punjab, India – 147301.
Zipper Mercantiles operates in the financial services industry, in the nbfc segment.
The compliance status of Zipper Mercantiles is compliant as of 16 September 2026. The company is actively filing with the Registrar of Companies.
Zipper Mercantiles can be reached at its registered office: JainS Building G.T Road Khanna Side Mandi Gobindgarh, Punjab, India – 147301.

