Affluent Mercantile Private Limited
About Affluent Mercantile Private Limited
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Affluent Mercantile Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial and credit leasing segment of the financial services sector. It was incorporated on 17 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52110WB1997PTC082940.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.32 Lakh. It is led by directors Prakash Baid and Aruna 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 313 Todi Chambers 2 Lalbazarstreet P S Hare Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.73 Lakh, a growth of 93% compared to the previous year. For the same year it recorded a net profit of ₹20.83 Lakh (net margin 70.1%) and EBITDA of ₹25.89 Lakh (EBITDA margin 87.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Affluent Mercantile has one previous CIN (Corporate Identification Number): U82940WB1997PTC082940. The current CIN is U52110WB1997PTC082940, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52110WB1997PTC082940 | Current |
| U82940WB1997PTC082940 | Previous |
Contact details
Affluent Mercantile Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address313 Todi Chambers 2 Lalbazarstreet P S Hare Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial & Credit Leasing, Financial Activities
To see the full contact details of Affluent 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
Business activity
The main business activity of Affluent Mercantile is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Affluent Mercantile Private Limited, buy the company report.
Financials of Affluent Mercantile Private Limited
FY 2025 filings availableAffluent Mercantile Private Limited reported revenue of ₹29.73 Lakh (up 93% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 93% growth in the latest year. EBITDA rose 128% 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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| EBITDA | ₹25.89 Lakh | ||||
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| Net Profit (PAT) | ₹20.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 87.1% | ||||
| Net Profit Margin | 70.1% | ||||
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To see the full financial statements and ratios of Affluent Mercantile Private Limited, buy the company report.
Board of directors of Affluent Mercantile Private Limited
Affluent Mercantile has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Baid Also directs: Prakash Baid Securities Private Limited, Standard Dealers Private Limited, Laurel Securities Pvt. Ltd. and 2 more | Director | 30 Jun 2015 | 11 Years 3 Months | Current |
| Aruna Baid | Director | 24 Jun 1998 | 28 Years 4 Months | Current |
Peer comparison
Affluent Mercantile Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Venad Chit Funds (India) Private Limited | ₹29.76 Lakh (FY 2024) | -27.0% | Kollam, Kerala, India | |||
| Sri Talacauvery Chits Private Limited | ₹29.76 Lakh (FY 2025) | 3.0% | Bangalore, Karnataka, India | |||
| Ana-Kalpa Financial Services Pvt.Ltd. | ₹29.75 Lakh (FY 2024) | 17199.0% | Kolkata, West Bengal, India | |||
| Muzaffarnagar Imdadi Nidhi Limited | ₹29.75 Lakh (FY 2025) | -29.0% | Hospital Muzaffarnagar, Uttar Pradesh, India | |||
| Virdhi Commercial Co Ltd | ₹29.74 Lakh (FY 2024) | -75.0% | Kolkata, West Bengal, India | |||
| Affluent Mercantile Private Limitedthis company | ₹29.73 Lakh (FY 2024) | ₹20.83 Lakh | 70.1% | 93.0% | Kolkata, West Bengal, India | |
| Srinika Securities Private Limited | ₹29.73 Lakh (FY 2025) | -65.0% | Pune, Maharashtra, India | |||
| GRD Enclave Private Limited | ₹29.73 Lakh (FY 2018) | -87.0% | Kolkata, West Bengal, India | |||
| Goodhope Merchants Private Limited | ₹29.73 Lakh (FY 2025) | -61.0% | Kolkata, West Bengal, India | |||
| Pitambar Dealcom Private Limited | ₹29.71 Lakh (FY 2024) | 27.0% | Kolkata, West Bengal, India | |||
| Quatech Metal Arts Pvt Ltd | ₹29.71 Lakh (FY 2024) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Affluent Mercantile Private Limited, buy the company report.
Auditor
Affluent Mercantile Private Limited is audited by GIRDHARI LAL SHARMA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRDHARI LAL SHARMA & CO. | FY 2017 | 312171E |
Shareholding
The shareholding of Affluent 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 Affluent Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Affluent 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 Affluent Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Affluent Mercantile has 1 associated company. 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 Affluent Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Affluent Mercantile Private Limited has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Prakash Baid was appointed as Director on 30 Jun 2015.
Frequently asked questions
Affluent Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in financial and credit leasing, within the financial services industry. It was incorporated on 17 February 1997 (29+ years old) and is registered under CIN U52110WB1997PTC082940.
Affluent Mercantile has 2 current directors:
- Prakash Baid - Director
- Aruna Baid - Director
The latest financial statements of Affluent 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 Affluent Mercantile is U52110WB1997PTC082940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Affluent Mercantile was incorporated on 17 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Affluent Mercantile by revenue are Venad Chit Funds (India) Private Limited, Sri Talacauvery Chits Private Limited, Ana-Kalpa Financial Services Pvt.Ltd, Muzaffarnagar Imdadi Nidhi Limited, Virdhi Commercial Co Ltd and 5 more, all in the same principal business activity (other financial activities).
Prakash Baid was appointed as Director on 30 Jun 2015. Yash Vardhan Baid ceased to be Director on 30 Jun 2015. Ranjeet Singh Baid ceased to be Director on 13 Nov 2010. Affluent Mercantile has 6 board changes on record in total.
The registered office of Affluent Mercantile is at 313 Todi Chambers 2 Lalbazarstreet P S Hare Street, Kolkata, West Bengal, India – 700001.
Affluent Mercantile operates in the financial services industry, in the financial and credit leasing segment.
The compliance status of Affluent Mercantile is compliant as of 07 September 2026. The company is actively filing with the Registrar of Companies.
Affluent Mercantile can be reached at its registered office: 313 Todi Chambers 2 Lalbazarstreet P S Hare Street, Kolkata, West Bengal, India – 700001.