
Sheil Mercantile Private Limited
About Sheil Mercantile Private Limited
Data last updated:
Sheil Mercantile Private Limited is a private limited company based in Nagpur, Maharashtra, India. It was incorporated on 23 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U51900MH2008PTC185002.
The company has an authorised share capital of ₹7.01 Cr and a paid-up capital of ₹3.2 Cr. It is led by directors Abha Satish Chaturvedi and Harish Santhanam.
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 19 Kotwal Nagar Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.94 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹92,113 (net margin 23.4%) and EBITDA of ₹3.64 Lakh (EBITDA margin 92.4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sheil Mercantile Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address19 Kotwal Nagar Nagpur, Maharashtra, India – 440022
To see the full contact details of Sheil 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 Sheil Mercantile Private Limited
FY 2025 filings availableSheil Mercantile Private Limited reported revenue of ₹3.94 Lakh (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 1% 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 | ₹3.64 Lakh | ||||
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| Net Profit (PAT) | ₹92,113 | ||||
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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 | 92.4% | ||||
| Net Profit Margin | 23.4% | ||||
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To see the full financial statements and ratios of Sheil Mercantile Private Limited, buy the company report.
Board of directors of Sheil Mercantile Private Limited
Sheil Mercantile has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abha Satish Chaturvedi Also directs: Permanent Multitrade LLP, Vaishali Realities Private Limited, Vaishali Realities Private Limited and 5 more | Director | 31 Oct 2008 | 18 Years 0 Months | Current |
| Harish Santhanam Also directs: Permanent Multitrade LLP, Pranet Mercantile Private Limited, Heer Multitrade Private Limited and 5 more | Additional Director | 23 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Sheil Mercantile Private Limited is audited by R A DASWANI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A DASWANI & CO | FY 2020 | 128981W |
Shareholding
The shareholding of Sheil Mercantile Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheil Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sheil 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 Sheil Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sheil Mercantile has 5 associated companies. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Sheil Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sheil Mercantile Private Limited has 5 board changes on record since 2008: 2 appointments and 3 cessations. The latest: Dushyant Satish Chaturvedi ceased to be Director on 06 Jan 2020.
Frequently asked questions
Sheil Mercantile is an active private limited company based in Nagpur, Maharashtra, India. It was incorporated on 23 July 2008 (18+ years old) and is registered under CIN U51900MH2008PTC185002.
Sheil Mercantile has 2 current directors:
- Abha Satish Chaturvedi - Director
- Harish Santhanam - Additional Director
The latest financial statements of Sheil 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 Sheil Mercantile is U51900MH2008PTC185002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheil Mercantile was incorporated on 23 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Nagpur.
Dushyant Satish Chaturvedi ceased to be Director on 06 Jan 2020. Harish Santhanam was appointed as Additional Director on 23 Dec 2019. Manoj Pachlangia ceased to be Director on 12 Nov 2008. Sheil Mercantile has 5 board changes on record in total.
The registered office of Sheil Mercantile is at 19 Kotwal Nagar Nagpur, Maharashtra, India – 440022.
The compliance status of Sheil Mercantile is compliant as of 13 August 2026. The company is actively filing with the Registrar of Companies.
Sheil Mercantile can be reached at its registered office: 19 Kotwal Nagar Nagpur, Maharashtra, India – 440022.
Sheil Mercantile is registered under the jurisdiction of the Registrar of Companies (ROC), Nagpur.

