Baid Mercantiles Ltd
About Baid Mercantiles Ltd
Data last updated:
Baid Mercantiles Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate leasing and property management segment of the real estate and construction sector. It was incorporated on 08 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L70109WB1988PLC044591. It is a listed company as per MCA records.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.1 Cr. It is led by directors including Binod Kumar Khandelwal (Managing Director) and Sabita Khandelwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 58 Elliot Road 2nd Floor, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.07 Lakh, a growth of 0.4% compared to the previous year.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Baid Mercantiles Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address58 Elliot Road 2nd Floor, Kolkata, West Bengal, India – 700016
- IndustryReal Estate and Construction, Real Estate Leasing
To see the full contact details of Baid Mercantiles 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 Baid Mercantiles Ltd
FY 2025 filings availableBaid Mercantiles Ltd reported revenue of ₹18.07 Lakh (up 0.4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 0.4% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Revenue | ₹18.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Baid Mercantiles Ltd, buy the company report.
Board of directors of Baid Mercantiles Ltd
Baid Mercantiles has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Kumar Upadhyay | Director | 30 Mar 2020 | 6 Years 7 Months | Current |
| Sabita Khandelwal | Whole-Time Director | 01 Oct 2015 | 11 Years 1 Months | Current |
| Jayesh Maitra Majumder Also directs: Excellant Real Estates Private Limited, Sthirlaxmi Excavation LLP, Swarn Ganga Gold Traders Private Limited and 1 more | Director | 06 Jul 2010 | 16 Years 4 Months | Current |
| Binod Kumar Khandelwal Also directs: GBC Mining Limited, Durgapur Mining Private Limited, Pakchnati Barter Private Limited and 4 more | Managing Director | 26 Jul 2006 | 20 Years 3 Months | Current |
| Ashwani Agarwal | Director | 12 Aug 2024 | 2 Years 3 Months | Current |
Peer comparison
Baid Mercantiles Ltd is compared with the 9 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), 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 |
|---|---|---|---|---|---|---|
| High Link Finvest Limited | ₹18.1 Lakh (FY 2025) | 14.0% | Delhi, India | |||
| Baid Mercantiles Ltdthis company | ₹18.07 Lakh (FY 2023) | 0.4% | Kolkata, West Bengal, India | |||
| Nirmohi Steel Pvt Ltd | ₹18.06 Lakh (FY 2024) | 7.0% | Kolkata, West Bengal, India | |||
| Malhan Investments Private Limited | ₹18.01 Lakh (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Vidisha Fintrade Private Limited | ₹18.01 Lakh (FY 2025) | -50.0% | Kolkata, West Bengal, India | |||
| Rightaid Associates (P) Ltd | ₹17.99 Lakh (FY 2025) | -73.0% | Kolkata, West Bengal, India | |||
| Sampat Marketing Company Pvt Ltd | ₹17.99 Lakh (FY 2025) | -85.0% | Kolkata, West Bengal, India | |||
| Ujwalajyothi Hifin Private Limited | ₹17.97 Lakh (FY 2025) | 12.0% | Karimnagar, Telangana, India | |||
| HB Leasing and Finance Company Limited | ₹17.97 Lakh (FY 2019) | -72.0% | Gurgaon, Haryana, India | |||
| Wellington Commercial Ltd | ₹17.96 Lakh (FY 2025) | 20.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Baid Mercantiles Ltd, buy the company report.
Auditor
Baid Mercantiles Ltd is audited by Vasudeo & Associates for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vasudeo & Associates | FY 2019 | 319299E |
Shareholding
The shareholding of Baid Mercantiles Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Baid Mercantiles Ltd, buy the company report.
Legal cases
Baid Mercantiles Ltd has 2 court cases on record: 1 filed by Baid Mercantiles, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court | Tax appeal | Filed by the company against Commissioner of Income Tax , (Central) -- I, Kolkata | Disposed |
To see the full case history of Baid Mercantiles Ltd, 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 Baid Mercantiles Ltd; 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 Baid Mercantiles Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Baid Mercantiles Ltd has 21 board changes on record since 2000: 13 appointments and 8 cessations. The latest: Akhilesh Prasad Shaw ceased to be Director on 17 Feb 2025.
12 earlier events are in the company report.
Frequently asked questions
Baid Mercantiles is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate leasing, within the real estate and construction industry. It was incorporated on 08 June 1988 (38+ years old) and is registered under CIN L70109WB1988PLC044591.
Baid Mercantiles has 5 current directors:
- Binod Kumar Khandelwal - Managing Director
- Sabita Khandelwal - Whole-Time Director
- Ashish Kumar Upadhyay - Director
- Jayesh Maitra Majumder - Director
- Ashwani Agarwal - Director
The latest financial statements of Baid Mercantiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Baid Mercantiles is L70109WB1988PLC044591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Baid Mercantiles is a listed company as per MCA records.
Baid Mercantiles has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Baid Mercantiles was incorporated on 08 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Baid Mercantiles by revenue are High Link Finvest Limited, Nirmohi Steel Pvt Ltd, Malhan Investments Private Limited, Vidisha Fintrade Private Limited, Rightaid Associates (P) Ltd and 4 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Akhilesh Prasad Shaw ceased to be Director on 17 Feb 2025. Ashwani Agarwal was appointed as Director on 12 Aug 2024. Ashish Kumar Upadhyay was appointed as Director on 30 Mar 2020. Baid Mercantiles has 21 board changes on record in total.
The registered office of Baid Mercantiles is at 58 Elliot Road 2nd Floor, Kolkata, West Bengal, India – 700016.
Baid Mercantiles operates in the real estate and construction industry, in the real estate leasing segment.
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