What does Ritz Mercantile Limited do?

Ritz Mercantile Limited is a Delhi-based public limited company engaged in non-specialized retail trade. Incorporated on 9 January 1985, it operates from 603 Sethi Bhawan, Rajendra Place, New Delhi. The company is classified under Consumer Discretionary — Retail Trade.

When was Ritz Mercantile Limited incorporated?

Ritz Mercantile Limited was incorporated on 9 January 1985 under the Companies Act, with CIN L52110DL1985PLC019805, indicating it is a public limited company registered in Delhi.

What is the share price of Ritz Mercantile Limited?

Ritz Mercantile Limited trades at approximately ₹15.25 per share in the unlisted market. The company is not listed on NSE or BSE.

How do I buy Ritz Mercantile Limited unlisted shares here?

Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.

Who am I actually transacting with?

You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.

How do I pay, and is there a payment gateway?

Payment is by direct bank transfer to Prospire Network Private Limited's published account (CIN U82300UP2025PTC233622), shown to you in-app at the payment step. There is no card gateway and no escrow. Never pay to a personal account or to any account shared over phone, WhatsApp or email — even if the person claims to be from our team.

How long does settlement take?

After you accept an allocation, you have a short window to pay (typically 2 days). Once payment is verified, shares are usually credited to your demat within 2–3 business days, subject to depository timelines and any company-level restrictions. Timeframes are typical, not guaranteed.

There are no separate platform fee lines and no GST on the transfer — the desk's margin is built into the buy/sell price you're quoted. The only statutory add-on on a purchase is stamp duty on the consideration, shown transparently in your cost breakdown.

Is there a minimum ticket size for Ritz Mercantile Limited?

Minimums vary by company and depend on the lot the desk can source. Raise an enquiry and the desk will confirm the available quantity and the minimum for that name.

What KYC do I need, and do I need a demat account?

You'll share your demat details when you enquire so we can settle directly. Full KYC — PAN and a client-master / demat statement — is required before the transfer step, when shares actually change hands. Yes, you need an active demat account to hold unlisted shares.

Are there lock-ins on unlisted or pre-IPO shares?

Some shares carry statutory or company-imposed lock-ins — for example, a post-listing lock-in on pre-IPO stock — and transfers can be subject to the company's articles or approvals. Where a lock-in applies, we'll flag it before you commit.

How do I sell Ritz Mercantile Limited shares I already hold?

Raise a sell enquiry with the company, quantity and your target price. The desk confirms a buying price, you transfer your shares into the desk's demat, and once the credit is verified we pay you out by bank transfer to your registered account. The desk never pays out before your shares are received.

Unlisted shares are illiquid, may be hard or impossible to sell, and are not covered by exchange settlement guarantees or investor-protection funds. Pricing is indicative, not live. Read the full Risk Disclosure before you enquire, and invest only what you can afford to lock away.

Ritz Mercantile Limited Unlisted Share Price | Buy Ritz Mercantile Limited Pre-IPO Shares — wisefolio

Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

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Ritz Mercantile Limited Unlisted Share Price | Buy Ritz Mercantile Limited Pre-IPO Shares — wisefolio | wisefolio

Investment Thesis

Ritz Mercantile Limited is a near-dormant Delhi retail trade company. Revenue ₹3.95 Lakhs (FY2025) — effectively zero. L-prefix CIN; authorized ₹2 Cr; paid-up ₹1.05 Cr; Singhvi family. 1305, 13th Floor, Devika Tower, 6 Nehru Place, New Delhi 110019. Website: ritzmercantile.com. CIN: L52110DL1985PLC019805.

Pros

L-prefix CIN; 40+ years since 1985; Nehru Place, New Delhi — India's largest IT/electronics wholesale market; website: ritzmercantile.com; Singhvi family management.
Authorized ₹2 Cr; paid-up ₹1.05 Cr; retail trade classification (NIC 52110); active status maintained.

Cons

Revenue ₹3.95 Lakhs (FY2025) — effectively zero revenue; near-complete dormancy despite 40+ years of existence.
Retail trade (non-motor vehicles) at Nehru Place — no meaningful operations confirmed; shell-level activity.
Authorized ₹2 Cr; paid-up ₹1.05 Cr — small capital base; no ISIN confirmed; secondary market liquidity unknown.
Singhvi family 3-director company; no external management; no growth or revival narrative visible.

Business Segments

Retail Trade

Retail trade except motor vehicles and motorcycles; repair of personal and household goods; Nehru Place, New Delhi; NIC 52110; near-dormant.

Revenue Model

The company generates revenue through non-specialized retail trade operations, likely involving trading of goods across categories from its New Delhi base.

Detailed Analysis

Growth outlookExpansion plans, industry tailwinds & headwinds5

Growth Plans

Potential restructuring or pivot in business model given the company's age and small scale

Industry Tailwinds

Potential restructuring or pivot in business model given the company's age and small scale

Industry Headwinds

Competition from organized retail and e-commerce

Recent Developments

Comparable Companies

CompanyTypeTickerMkt Cap

V-Mart Retail LimitedListedVMART~2,000 Cr

V-Mart Retail LimitedListed

VMART · ~2,000 Cr

Frequently Asked Questions

About Ritz Mercantile Limited

Ritz Mercantile Limited is a Delhi-based public limited company incorporated on 9 January 1985, classified under non-specialized retail trade. The company operates from 603 Sethi Bhawan, Rajendra Place, New Delhi. Revenue has effectively collapsed to near-zero, with FY2025 sales of approximately Rs. 3.95 lakh — a decline of 52% per year CAGR from its recent base. Operating cash flows were negative in FY2022 and FY2023. With an authorized capital of Rs. 2 Cr and paid-up capital of Rs. 1.05 Cr, Ritz Mercantile represents a micro-cap public company with no discernible commercial activity. The company appears family-controlled by the Singhvi family (Garvit, Neelam, and Shrishty Singhvi as directors). Operations span Delhi and Haryana. With no active business footprint, no meaningful revenue, and negative operating cash flows, Ritz Mercantile is effectively a dormant shell entity that continues to file MCA returns without meaningful commercial operations.

Key Milestones

Incorporated January 9, 1985 in Delhi (CIN: L52110DL1985PLC019805) — 40+ years old

Retail trade; Nehru Place, New Delhi; Singhvi family (Garvit, Neelam, Shrishty Singhvi)

Common questions about unlisted shares

How do I buy Ritz Mercantile Limited unlisted shares here?
Raise an enquiry on any company with the quantity you want. Our desk sources the shares and comes back with a firm price and allocation. You accept the allocation, transfer the funds to the desk's published bank account, and once we verify payment the shares are transferred into your demat.
Who am I actually transacting with?
You transact with the desk, not with an anonymous counterparty. When you buy, you buy from the desk; when you sell, you sell to the desk. Shares always route through the desk's own demat account, so there's one accountable party for the whole trade.
How do I pay, and is there a payment gateway?

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