Hindon Mercantile Limited - Unlisted Minds

hindon.co

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Key Metrics of Hindon Mercantile

Market Cap1,220.39 Cr
Total Equity Funding$29M in 6 rounds
Latest Funding Round$23M, Unattributed Aug 28, 2024
Post Money Valuation$137M as on Feb 14, 2025
Annual Revenue—
EBITDA—
EBITDA Margin—
Net Profit—
Net Profit Margin—

About the Company

Provider of secured and unsecured loans for personal and business needs. It offers personal loans, business loans, loans against property,...

Price on BSE Volume

Funding Rounds

Total Rounds: 6 Hindon.co

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Aug 28, 2024	Unattributed	$22.7M	$5.0M	Inst: Turning Leaf Asset Management, NVS Consult, Multiplier Share And Stock Advisors, Ashika Group, Atozsecurities, Rajasthan Global, Blue Horizon Tradelinks, Reshamindustries, Komalay Investrade, Vedarth Trade, M7 Global Fund, Dbhinvestments, Share India, Arron Insurance Brokers, Intex, BluMuslin, Kbg Consultants, Rsenterprise, SN Capital, Alpha Uno, Shreemadvisors, Smart Algo Solutions, Arancap, Komalayinvestrade Angel: Sandeep, Amlan, Rupali, Haresh, Rajiv, Rohitash, Darshankumar, Mihir, Devanshi, Deepak, Lionel, Rishabh, Rajesh, Harneet Singh, Shilpaben, Sudha, Vinita, Parth, Himanshu, Mahesh, Abhay, Arun, Kapil, Satyen, Ramesh, Vineet, Sunil, Satish, Sanjeev, Nikhil, Rajat, Nevil, Namrata, Naresh, Deepak, Bajrang, Suresh Kumar, Amritaanshu, Rekha, Nitinbhai, Kushal, Vivek, Diksha, Hari, Ranjan, Sunil, Alka, Rajesh, Pardeep, Akhil, Arun, Vineet, Rajat, Deepak, Bajrang, Rekha, Rajesh, Akhil, Devanshi, Parth, Mihir, Harneet, Mahesh
2.	Jul 31, 2024	Unattributed	$286.6K	$5.0M	Inst: Lighthouse Canton
3.	Mar 24, 2022	Unattributed	$2.7M	$5.0M	Inst: Rpnfin Angel: Umesh, Shelly, Kapil
4.	Sep 7, 2021	Unattributed	$820.8K	$5.0M	Inst: Agility Ventures, BharatPe, FinMen Angel: Surbhi, Neha, Sandeep, Sandeep, Kapil, Rajat
5.	Mar 22, 2021	Unattributed	$2.1M	$0.4M	Inst: BharatPe, FinMen Angel: Surbhi, Neha, Sandeep, Kapil, Rajat, Sandeep
6.	Feb 8, 2021	Unattributed	$726.6K	$0.4M	Angel: Surbhi, Neha, Sandeep, Sandeep, Kapil, Rajat

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

FY 13-14

Detailed Income Statement

FY 23-24 (in Cr)

120.4

96.3

Profit/ (loss) before exceptional items and tax

24.1

Exceptional items

(0.5)

Profit/(Loss) before tax

24.6

6.1

Profit/(Loss) for the year

18.5

Detailed Balance Sheet

FY 23-24 (in Cr)

1,000.7

269.4

2.9

728.4

1,000.7

36.9

963.8

Detailed Cash Flow Statement	FY 23-24 (in Cr)

Detailed Income Statement

FY 22-23 (in Cr)

115.6

100.6

Profit/ (loss) before exceptional items and tax

14.9

Exceptional items

Profit/(Loss) before tax

14.9

2.6

Profit/(Loss) for the year

12.3

Detailed Balance Sheet

FY 22-23 (in Cr)

466.6

177.2

8.2

281.2

466.6

23.8

442.8

Detailed Cash Flow Statement	FY 22-23 (in Cr)

Detailed Income Statement

FY 21-22 (in Cr)

81.5

76.8

Profit/ (loss) before exceptional items and tax

4.8

Exceptional items

Profit/(Loss) before tax

4.8

(0.5)

Profit/(Loss) for the year

5.2

Detailed Balance Sheet

FY 21-22 (in Cr)

513.7

102.0

1.2

410.5

513.7

19.4

494.3

Detailed Cash Flow Statement	FY 21-22 (in Cr)

Detailed Income Statement

FY 20-21 (in Cr)

41.7

40.7

Other income

1.0

37.5

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.9

Finance costs

15.3

Total depreciation, depletion and amortisation expense

0.2

21.1

Total profit before prior period items, exceptional items, extraordinary items and tax

4.2

Exceptional items before tax

Total profit before extraordinary items and tax

4.2

Extraordinary items before tax

Total profit before tax

4.2

1.0

Total profit (loss) for period from continuing operations

3.2

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Profit (loss) of minority interest

Share of profit (loss) of associates

Total profit (loss) for period

3.2

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 20-21 (in Cr)

377.0

36.2

340.7

301.1

39.7

377.0

3.1

Deferred tax assets (net)

Other non-current assets

373.8

Detailed Cash Flow Statement	FY 20-21 (in Cr)

Detailed Income Statement

FY 19-20 (in Cr)

3.5

Other income

0.1

2.4

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.4

Finance costs

1.3

Total depreciation, depletion and amortisation expense

0.0

0.6

Total profit before prior period items, exceptional items, extraordinary items and tax

1.1

Exceptional items before tax

Total profit before extraordinary items and tax

1.1

Extraordinary items before tax

Total profit before tax

1.1

0.2

Total profit (loss) for period from continuing operations

1.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

1.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 19-20 (in Cr)

47.8

13.5

34.3

28.1

6.1

47.8

0.6

Deferred tax assets (net)

0.0

Other non-current assets

47.2

Detailed Cash Flow Statement	FY 19-20 (in Cr)

Detailed Income Statement

FY 18-19 (in Cr)

0.3

Other income

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.2

Exceptional items before tax

Total profit before extraordinary items and tax

0.2

Extraordinary items before tax

Total profit before tax

0.2

0.1

Total profit (loss) for period from continuing operations

0.2

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.2

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 18-19 (in Cr)

3.0

0.0

3.0

0.2

Deferred tax assets (net)

Other non-current assets

2.8

Detailed Cash Flow Statement	FY 18-19 (in Cr)

Detailed Income Statement

FY 17-18 (in Cr)

0.6

0.2

Other income

0.4

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.6

Exceptional items before tax

Total profit before extraordinary items and tax

0.6

Extraordinary items before tax

Total profit before tax

0.6

0.1

Total profit (loss) for period from continuing operations

0.6

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.6

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 17-18 (in Cr)

2.9

2.8

0.0

2.9

2.7

Deferred tax assets (net)

0.0

Other non-current assets

0.1

Detailed Cash Flow Statement	FY 17-18 (in Cr)

Detailed Income Statement

FY 16-17 (in Cr)

0.1

Other income

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.1

Exceptional items before tax

Total profit before extraordinary items and tax

0.1

Extraordinary items before tax

Total profit before tax

0.1

0.0

Total profit (loss) for period from continuing operations

0.1

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.1

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 16-17 (in Cr)

2.3

0.0

2.3

2.1

Deferred tax assets (net)

0.0

Other non-current assets

0.1

Detailed Cash Flow Statement	FY 16-17 (in Cr)

Detailed Income Statement

FY 15-16 (in Cr)

0.0

Other income

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

(0.0)

Exceptional items before tax

Total profit before extraordinary items and tax

(0.0)

Extraordinary items before tax

Total profit before tax

(0.0)

0.0

Total profit (loss) for period from continuing operations

(0.0)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(0.0)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 15-16 (in Cr)

1.9

0.0

1.9

1.8

Deferred tax assets (net)

0.0

Other non-current assets

0.1

Detailed Cash Flow Statement	FY 15-16 (in Cr)

Detailed Income Statement

FY 14-15 (in Cr)

0.0

Other income

0.1

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

(0.1)

Exceptional items before tax

Total profit before extraordinary items and tax

(0.1)

Extraordinary items before tax

Total profit before tax

(0.1)

(0.0)

Total profit (loss) for period from continuing operations

(0.1)

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

(0.1)

Basic earning per equity share before extraordinary items

(0.0)

Diluted earnings per equity share before extraordinary items

(0.0)

Basic earning per equity share

(0.0)

Diluted earnings per equity share

(0.0)

Detailed Balance Sheet

FY 14-15 (in Cr)

1.0

0.9

0.1

0.0

1.0

0.9

Deferred tax assets (net)

0.0

Other non-current assets

0.0

Detailed Cash Flow Statement	FY 14-15 (in Cr)

Detailed Income Statement

FY 13-14 (in Cr)

2.5

0.1

Profit/ (loss) before exceptional items and tax

2.4

Exceptional items

Profit/(Loss) before tax

2.4

0.1

Profit/(Loss) for the year

2.3

Detailed Balance Sheet

FY 13-14 (in Cr)

11.3

0.0

11.3

11.2

0.1

Detailed Cash Flow Statement	FY 13-14 (in Cr)

Shareholding Pattern

As of Feb 14, 2025 • Hindon

Total Shares 22.32M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Kapil Garg	Founder	6.75M	30.25%
Rajat Goyal	Founder	2.90M	13.01%
BimaPay	Enterprise	2.50M	11.22%
Other Investors	Other Investors	1.24M	5.55%
Umesh Aggarwal	Other People	0.86M	3.87%

#	Shareholder	Category	Shares (Mn)	% Holding
1	Kapil Garg	Founder	6.75M	30.25%
2	Rajat Goyal	Founder	2.90M	13.01%
3	BimaPay	Enterprise	2.50M	11.22%
4	Other Investors	Other Investors	1.24M	5.55%
5	Umesh Aggarwal	Other People	0.86M	3.87%
6	Neha Agarwal	Other People	0.80M	3.57%
7	NVS Consult	Enterprise	0.68M	3.03%
8	Surbhi Setia	Angel	0.67M	3.02%
9	Sandeep Jain	Other People	0.59M	2.62%
10	Shiv Garg	Angel	0.50M	2.24%
11	Shelly Garg	Other People	0.49M	2.20%
12	Nav Capital Emerging Star Fund	Fund	0.47M	2.11%
13	M7 Global Fund	Enterprise	0.47M	2.11%
14	FinMen	Enterprise	0.33M	1.49%
15	Puneet Goel	Angel	0.30M	1.34%
16	Sandeep Kapadia	Angel	0.24M	1.05%
17	Vijay Aggarwal	Angel	0.20M	0.90%
18	Kanika Khanna	Angel	0.15M	0.67%
19	Arancap	Enterprise	0.14M	0.60%
20	Kalpa commercia	Enterprise	0.10M	0.45%
21	Multiplier Share And Stock Advisors	Enterprise	0.10M	0.45%
22	Arun Goel	Angel	0.09M	0.42%
23	Dbhinvestments	Enterprise	0.09M	0.42%
24	Share India Securities Limited	Fund	0.08M	0.34%
25	LC Venture Debt Fund	Fund	0.06M	0.27%
26	Ashika Group	Enterprise	0.06M	0.25%
27	Amlan Shah	Angel	0.06M	0.25%
28	Kapil Gupta	Angel	0.06M	0.25%
29	Mufin Commercial	Enterprise	0.05M	0.24%
30	Abhishek Rathi	Angel	0.05M	0.22%
31	Arron Insurance Brokers	Enterprise	0.05M	0.21%
32	Satyen Mamtora	Angel	0.05M	0.21%
33	Atozsecurities	Enterprise	0.05M	0.21%
34	Ramesh Mohta	Angel	0.04M	0.19%
35	Intex	Enterprise	0.04M	0.17%
36	Rajasthan Global	Enterprise	0.04M	0.17%
37	Rupali Naik	Angel	0.04M	0.17%
38	Haresh Hemarajani	Angel	0.04M	0.17%
39	Rajiv Desai	Angel	0.04M	0.17%
40	Rohitash Gupta	Angel	0.04M	0.17%
41	Vineet Gupta	Angel	0.04M	0.17%
42	A4taxworld	Enterprise	0.03M	0.13%
43	Ramesh Jain	Angel	0.03M	0.13%
44	Blue Horizon Tradelinks	Enterprise	0.03M	0.13%
45	Nikhil Agarwal	Angel	0.03M	0.13%
46	Amritaanshu Agrawal	Angel	0.03M	0.13%
47	Darshankumar Dharu	Angel	0.02M	0.09%
48	Mihir Shah	Angel	0.02M	0.09%
49	Devanshi Shah	Angel	0.02M	0.09%
50	Sunil Kumar Gupta	Angel	0.02M	0.09%
51	Manish Gupta	Angel	0.02M	0.09%
52	BluMuslin	Enterprise	0.02M	0.08%
53	Satish Kumar Gupta	Angel	0.02M	0.08%
54	Rekha Rani	Angel	0.02M	0.08%
55	Reshamindustries	Enterprise	0.02M	0.08%
56	Kbg Consultants	Enterprise	0.02M	0.08%
57	Rsenterprise	Enterprise	0.02M	0.08%
58	SN Capital	Enterprise	0.02M	0.08%
59	Alpha Uno	Enterprise	0.02M	0.08%
60	Deepak Dalal	Angel	0.02M	0.08%
61	Lionel Smith	Angel	0.02M	0.08%
62	Rishabh Siroya	Angel	0.02M	0.08%
63	Rajesh Guglani	Angel	0.02M	0.08%
64	Harneet Chandhoke	Angel	0.02M	0.08%
65	Nitinbhai Patel	Angel	0.02M	0.08%
66	Kushal Patel	Angel	0.02M	0.08%
67	Komalayinvestrade	Enterprise	0.02M	0.07%
68	Vivek Bansal	Angel	0.01M	0.06%
69	Sanjeev Rekhan	Angel	0.01M	0.06%
70	Diksha Gupta	Angel	0.01M	0.06%
71	Hari Om	Angel	0.01M	0.05%
72	Pratekk Agarwaal	Angel	0.01M	0.05%
73	Ranjan Kumar	Angel	0.01M	0.05%
74	Shreemadvisors	Enterprise	0.01M	0.04%
75	Smart Algo Solutions	Enterprise	0.01M	0.04%
76	Shilpaben Shah	Angel	0.01M	0.04%
77	Sudha Garg	Angel	0.01M	0.04%
78	Sunil Aggarwal	Angel	0.01M	0.04%
79	Vinita Guglani	Angel	0.01M	0.04%
80	Parth Desai Md	Angel	0.01M	0.04%
81	Himanshu Olia	Angel	0.01M	0.04%
82	Mahesh Jain	Angel	0.01M	0.04%
83	Abhay Shah	Angel	0.01M	0.04%
84	Rajat Sharma	Angel	0.01M	0.04%
85	Nevil Savjani	Angel	0.01M	0.04%
86	Namrata Shah	Angel	0.01M	0.04%
87	Agility Ventures	Fund	0.01M	0.03%
88	Alka Jain	Angel	0.01M	0.03%
89	Rajesh Bansal	Angel	0.01M	0.03%
90	Pardeep Gupta	Angel	0.01M	0.03%
91	Naresh Kumar	Angel	0.01M	0.02%
92	Deepak Kumar	Angel	0.01M	0.02%
93	Akhil Mittal	Angel	0.01M	0.02%
94	Bajrang Lal	Angel	0.00M	0.02%
95	Suresh Kumar Garg	Angel	0.00M	0.01%
96	Vedarth Trade	Enterprise	0.00M	0.01%
97	Rpnfin	Enterprise	0.00M	0.00%
98	Triveni Trust	Fund	0.00M	0.00%
99	BharatPe	Enterprise	0.00M	0.00%
	Total		22.32M	100%

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