Function Mercantile Private Limited
About Function Mercantile Private Limited
Data last updated:
Function Mercantile Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 24 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2010PTC149161.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vijay Kumar Agarwal and Amit Agarwal.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 84 Bentick Street Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹38,850, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹627 (net margin 1.6%) and EBITDA of ₹848 (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Function 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 Address84 Bentick Street Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Financial Activities
To see the full contact details of Function 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 Function Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Function Mercantile Private Limited, buy the company report.
Financials of Function Mercantile Private Limited
FY 2025 filings availableFunction Mercantile Private Limited reported revenue of ₹38,850 (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 20% growth in the latest year. EBITDA fell 7% 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 | ₹848 | ||||
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| Net Profit (PAT) | ₹627 | ||||
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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 | 2.2% | ||||
| Net Profit Margin | 1.6% | ||||
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To see the full financial statements and ratios of Function Mercantile Private Limited, buy the company report.
Board of directors of Function Mercantile Private Limited
Function Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Agarwal Also directs: Neu Nasta Sweets & Snacks Private Limited, Rangoli Barter Private Limited, Rosemount Vintrade Private Limited and 5 more | Director | 23 Sep 2024 | 2 Years 1 Months | Current |
| Amit Agarwal Also directs: Rangoli Barter Private Limited, Rosemount Vintrade Private Limited, Ambika Commodities Private Limited and 5 more | Director | 23 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Function Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anom Autotech Private Limited | ₹38,934 (FY 2021) | Gurgaon, Haryana, India | ||||
| Promino Interiors India Private Limited | ₹38,903 (FY 2023) | -99.0% | Ernakulam, Kerala, India | |||
| Wearhaus Exports Private Limited | ₹38,900 (FY 2025) | 108.0% | Agra, Uttar Pradesh, India | |||
| Bucolic Mobile Solutions Private Limited | ₹38,880 (FY 2025) | -72.0% | New Delhi, Delhi, India | |||
| Trishul Marine Equipments Manufacturing Pvt Ltd | ₹38,863 (FY 2017) | -95.0% | Mumbai, Maharashtra, India | |||
| Function Mercantile Private Limitedthis company | ₹38,850 (FY 2025) | ₹627 | 1.6% | 20.0% | Kolkata, West Bengal, India | |
| GRV Trading (OPC) Private Limited | ₹38,815 (FY 2024) | Bathinda, Punjab, India | ||||
| E-Pal Enterprises Private Limited | ₹38,750 (FY 2020) | 20.0% | Delhi, India | |||
| Sansavi Sales Private Limited | ₹38,743 (FY 2020) | 128.0% | Pune, Maharashtra, India | |||
| Global Crop Care Private Limited | ₹38,728 (FY 2016) | -72.0% | Muvattupuzha, Kerala, India | |||
| Emate Technology Private Limited | ₹38,700 (FY 2021) | -48.0% | Berhampur, Odisha, India |
To see the full peer comparison of Function Mercantile Private Limited, buy the company report.
Auditor
Function Mercantile Private Limited is audited by VINITA AGARWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINITA AGARWAL | FY 2017 | 303396 |
Shareholding
The shareholding of Function 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 Function Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Function 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 Function Mercantile Private Limited; 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 Function Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Function Mercantile Private Limited has 18 board changes on record since 2010: 10 appointments and 8 cessations. The latest: Archana Mittal ceased to be Director on 25 Sep 2024.
9 earlier events are in the company report.
Frequently asked questions
Function Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 24 May 2010 (16+ years old) and is registered under CIN U51909WB2010PTC149161.
Function Mercantile has 2 current directors:
- Vijay Kumar Agarwal - Director
- Amit Agarwal - Director
The latest financial statements of Function Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Function Mercantile is U51909WB2010PTC149161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Function Mercantile was incorporated on 24 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Function Mercantile by revenue are Anom Autotech Private Limited, Promino Interiors India Private Limited, Wearhaus Exports Private Limited, Bucolic Mobile Solutions Private Limited, Trishul Marine Equipments Manufacturing Pvt Ltd and 5 more, all in the same principal business activity (wholesale trading).
Archana Mittal ceased to be Director on 25 Sep 2024. Praveen Mittal ceased to be Director on 25 Sep 2024. Amit Agarwal was appointed as Director on 23 Sep 2024. Function Mercantile has 18 board changes on record in total.
The registered office of Function Mercantile is at 84 Bentick Street Kolkata, West Bengal, India – 700001.
Function Mercantile operates in the financial services industry, in the financial activities segment.
The compliance status of Function Mercantile is compliant as of 22 August 2026. The company is actively filing with the Registrar of Companies.
Function Mercantile can be reached at its registered office: 84 Bentick Street Kolkata, West Bengal, India – 700001.