Raghu Mercantiles Private Limited
About Raghu Mercantiles Private Limited
Data last updated:
Raghu Mercantiles Private Limited was a private limited company based in Siliguri, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the specialised services segment of the trading and commerce sector. It was incorporated on 12 September 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2007PTC118570.
The company had an authorised share capital of ₹56 Lakh and a paid-up capital of ₹55.2 Lakh. It was led by directors Sushil Kumar Jha and Dolan Biswas.
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 Office No. 25 Third Floor International Market Sevoke Road Ward No. 10, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.79 Lakh, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Lakh (net margin 43%) and EBITDA of ₹3.42 Lakh (EBITDA margin 59.1%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 32% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Raghu Mercantiles 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 AddressOffice No. 25 Third Floor International Market Sevoke Road Ward No. 10, Siliguri, West Bengal, India – 734001
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Raghu 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
Financials of Raghu Mercantiles Private Limited
FY 2024 filings availableRaghu Mercantiles Private Limited reported revenue of ₹5.79 Lakh (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 68% fall in the latest year. EBITDA fell 35% 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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| Total Expenses | |||||
| EBITDA | ₹3.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.49 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 | 59.1% | ||||
| Net Profit Margin | 43% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Raghu Mercantiles Private Limited, buy the company report.
Board of directors of Raghu Mercantiles Private Limited
Raghu Mercantiles has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Jha Also directs: Umang Agency Private Limited | Director | 01 Aug 2018 | 8 Years 3 Months | As last reported |
| Dolan Biswas Also directs: Umang Agency Private Limited | Director | 01 Aug 2018 | 8 Years 3 Months | As last reported |
Auditor
Raghu Mercantiles Private Limited is audited by MAHATO PRABIR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHATO PRABIR & ASSOCIATES | FY 2017 | 325966E |
Shareholding
The shareholding of Raghu Mercantiles 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 Raghu Mercantiles Private Limited, buy the company report.
Legal cases
Raghu Mercantiles Private Limited has 3 court cases on record: 2 filed by Raghu Mercantiles, 1 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Pending |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Raghu Mercantiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raghu Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Raghu Mercantiles has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Raghu Mercantiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Raghu Mercantiles Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Bipul Kumar Chirania ceased to be Director on 07 Aug 2018.
Frequently asked questions
Raghu Mercantiles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Raghu Mercantiles was a private limited company based in Siliguri, West Bengal, India. The company worked in specialty, within the trading industry. It was incorporated on 12 September 2007 and is registered under CIN U51909WB2007PTC118570. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Raghu Mercantiles was incorporated on 12 September 2007. It is registered with the Registrar of Companies, Kolkata.
Raghu Mercantiles had 2 directors:
- Sushil Kumar Jha - Director
- Dolan Biswas - Director
The CIN (Corporate Identification Number) of Raghu Mercantiles is U51909WB2007PTC118570. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Raghu Mercantiles is at Office No. 25 Third Floor International Market Sevoke Road Ward No. 10, Siliguri, West Bengal, India – 734001.
The latest financial statements of Raghu 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.
Raghu Mercantiles operated in the trading industry, in the specialty segment.
Raghu Mercantiles has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the nclt.
Bipul Kumar Chirania ceased to be Director on 07 Aug 2018. Sanju Naskar ceased to be Director on 07 Aug 2018. Dolan Biswas was appointed as Director on 01 Aug 2018. Raghu Mercantiles has 8 board changes on record in total.
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