
Utpal Mercantiles Pvt.Ltd.
About Utpal Mercantiles Pvt.Ltd.
Data last updated:
Utpal Mercantiles Pvt.Ltd. is a private limited company based in Kolkata, West Bengal, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1995PTC069168.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹62.67 Lakh. It is led by directors Gauri Shankar Bajaj and Shradha Bajaj.
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 is at 8A/B Sarkar Lane Room No 4 Girish Park 1st Floor, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.47 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹10.24 Lakh (net margin 58.6%) and EBITDA of ₹12.02 Lakh (EBITDA margin 68.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Utpal Mercantiles Pvt.Ltd.'s registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8A/B Sarkar Lane Room No 4 Girish Park 1st Floor, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Utpal Mercantiles Pvt.Ltd., 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 Utpal Mercantiles Pvt.Ltd.
FY 2024 filings availableUtpal Mercantiles Pvt.Ltd. reported revenue of ₹17.47 Lakh (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 10% 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 | ₹12.02 Lakh | ||||
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| Net Profit (PAT) | ₹10.24 Lakh | ||||
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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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| Profitability | |||||
| EBITDA Margin | 68.8% | ||||
| Net Profit Margin | 58.6% | ||||
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To see the full financial statements and ratios of Utpal Mercantiles Pvt.Ltd., buy the company report.
Board of directors of Utpal Mercantiles Pvt.Ltd.
Utpal Mercantiles has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gauri Shankar Bajaj | Director | 21 May 2004 | 22 Years 5 Months | Current |
| Shradha Bajaj | Director | 21 May 2004 | 22 Years 5 Months | Current |
Peer comparison
Utpal Mercantiles Pvt.Ltd. is compared with the 5 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mukesh Merchants Private Limited | ₹17.49 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Utpal Mercantiles Pvt.Ltd.this company | ₹17.47 Lakh (FY 2025) | ₹10.24 Lakh | 58.6% | 6.0% | Kolkata, West Bengal, India | |
| Book Your Dealer Services Private Limited | ₹17.47 Lakh (FY 2024) | -48.0% | Mumbai, Maharashtra, India | |||
| Lancer Properties Private Limited | ₹17.47 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Swaroop Capital Markets Pvt Ltd | ₹17.46 Lakh (FY 2024) | 84.0% | Gmc, Assam, India | |||
| Destination Nirman Private Limited | ₹17.43 Lakh (FY 2025) | 308.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Utpal Mercantiles Pvt.Ltd., buy the company report.
Auditor
Utpal Mercantiles Pvt.Ltd. is audited by NARESH JAGANNATH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NARESH JAGANNATH & CO. | FY 2022 | 324282E |
Shareholding
The shareholding of Utpal Mercantiles Pvt.Ltd. is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Utpal Mercantiles Pvt.Ltd., buy the company report.
Legal cases
No court or tribunal cases involving Utpal Mercantiles Pvt.Ltd. 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 Utpal Mercantiles Pvt.Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Utpal Mercantiles has 5 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Utpal Mercantiles Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Utpal Mercantiles Pvt.Ltd. has 2 board changes on record since 2004: 2 appointments. The latest: Gauri Shankar Bajaj was appointed as Director on 21 May 2004.
Frequently asked questions
Utpal Mercantiles is an active private limited company based in Kolkata, West Bengal, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 March 1995 (31+ years old) and is registered under CIN U51909WB1995PTC069168.
Utpal Mercantiles has 2 current directors:
- Gauri Shankar Bajaj - Director
- Shradha Bajaj - Director
The latest financial statements of Utpal 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.
The CIN (Corporate Identification Number) of Utpal Mercantiles is U51909WB1995PTC069168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utpal Mercantiles was incorporated on 10 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Utpal Mercantiles by revenue are Mukesh Merchants Private Limited, Book Your Dealer Services Private Limited, Lancer Properties Private Limited, Swaroop Capital Markets Pvt Ltd, Destination Nirman Private Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (other financial activities).
Gauri Shankar Bajaj was appointed as Director on 21 May 2004. Shradha Bajaj was appointed as Director on 21 May 2004.
The registered office of Utpal Mercantiles is at 8AB Sarkar Lane Room No 4 Girish Park 1st Floor, Kolkata, West Bengal, India – 700007.
Utpal Mercantiles operates in the financial services industry, in the diversified financial services segment.
The compliance status of Utpal Mercantiles is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.
Utpal Mercantiles can be reached at its registered office: 8AB Sarkar Lane Room No 4 Girish Park 1st Floor, Kolkata, West Bengal, India – 700007.

