
MTC Mercantile Private Limited
About MTC Mercantile Private Limited
Data last updated:
MTC Mercantile Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 01 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52390WB2009PTC139822.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Urvaansh Baid and Vineeta Baid.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 291/228 Sevoke Road, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹67,432, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹15,388 (net margin 22.8%) and EBITDA of ₹20,563 (EBITDA margin 30.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 11% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MTC Mercantile Private Limited's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address291/228 Sevoke Road, Siliguri, West Bengal, India – 734001
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of MTC 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
Financials of MTC Mercantile Private Limited
FY 2025 filings availableMTC Mercantile Private Limited reported revenue of ₹67,432 (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 91% 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 | ₹20,563 | ||||
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| Net Profit (PAT) | ₹15,388 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 22.8% | ||||
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To see the full financial statements and ratios of MTC Mercantile Private Limited, buy the company report.
Board of directors of MTC Mercantile Private Limited
MTC Mercantile has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urvaansh Baid Also directs: MTC Air Liquid Private Limited, MTC India Gases Pvt Ltd, Genisys Kaizen Private Limited and 1 more | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Vineeta Baid Also directs: MTC Air Liquid Private Limited, MTC India Gases Pvt Ltd, Genisys Kaizen Private Limited and 1 more | Director | 22 Oct 2021 | 5 Years 0 Months | Current |
| Narendra Kumar Baid Also directs: MTC Air Liquid Private Limited, MTC India Gases Pvt Ltd, Genisys Kaizen Private Limited and 1 more | Director | 01 Dec 2009 | 16 Years 11 Months | Current |
Peer comparison
MTC Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Industrial Gases), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kruhad Airogas Private Limited | ₹86,860 (FY 2025) | 0.0% | Mehsana, Gujarat, India | |||
| Divydrashti Resorts Private Limited | ₹82,214 (FY 2025) | -100.0% | Vadodara, Gujarat, India | |||
| Jai Jagannath Gases Private Limited | ₹72,944 (FY 2025) | -60.0% | Hyderabad, Telangana, India | |||
| Agem Venkateswara Gases Private Limited | ₹71,837 (FY 2024) | -96.0% | Coimbatore, Tamil Nadu, India | |||
| Sahu Cylinders and Udyog Private Limited | ₹71,110 (FY 2025) | -96.0% | Chennai, Tamil Nadu, India | |||
| MTC Mercantile Private Limitedthis company | ₹67,432 (FY 2025) | ₹15,388 | 22.8% | 44.0% | Siliguri, West Bengal, India | |
| Garib Nawaz India Gas Private Limited | ₹58,500 (FY 2025) | 5.0% | Buxar, Bihar, India | |||
| LGC Air Products Private Limited | ₹57,814 (FY 2025) | Surat, Gujarat, India | ||||
| Konark Oxygen Pvt Ltd | ₹57,002 (FY 2025) | 60.0% | Rourkela, Odisha, India | |||
| Hardik Food Products Private Limited | ₹48,645 (FY 2024) | -3.0% | Jamshedpur, Jharkhand, India | |||
| Cuncoulim Oxygen Plant Private Limited | ₹41,000 (FY 2025) | -99.0% | Goa, India |
To see the full peer comparison of MTC Mercantile Private Limited, buy the company report.
Shareholding
The shareholding of MTC Mercantile Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MTC Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving MTC Mercantile 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 MTC Mercantile Private Limited; 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 MTC Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
MTC Mercantile Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Urvaansh Baid ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
MTC Mercantile is an active private limited company based in Siliguri, West Bengal, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 01 December 2009 (17+ years old) and is registered under CIN U52390WB2009PTC139822.
MTC Mercantile has 3 current directors:
- Urvaansh Baid - Director
- Vineeta Baid - Director
- Narendra Kumar Baid - Director
The latest financial statements of MTC Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of MTC Mercantile is U52390WB2009PTC139822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTC Mercantile was incorporated on 01 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of MTC Mercantile by revenue are Kruhad Airogas Private Limited, Divydrashti Resorts Private Limited, Jai Jagannath Gases Private Limited, Agem Venkateswara Gases Private Limited, Sahu Cylinders and Udyog Private Limited and 5 more, all in the Chemicals industry (Industrial Gases).
Urvaansh Baid ceased to be Additional Director on 30 Nov 2021. Vineeta Baid ceased to be Additional Director on 30 Nov 2021. Mahendra Kumar Baid ceased to be Director on 25 Oct 2021. MTC Mercantile has 7 board changes on record in total.
The registered office of MTC Mercantile is at 291228 Sevoke Road, Siliguri, West Bengal, India – 734001.
MTC Mercantile operates in the real estate industry, in the real estate leasing segment.
The compliance status of MTC Mercantile is compliant as of 26 July 2026. The company is actively filing with the Registrar of Companies.
MTC Mercantile can be reached at its registered office: 291228 Sevoke Road, Siliguri, West Bengal, India – 734001.

