- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MP-32-0003135

Ganges & Ganges Mercantile Pvt Ltd
About Ganges & Ganges Mercantile Pvt Ltd
Data last updated:
Ganges & Ganges Mercantile Pvt Ltd is a private limited company based in Narsinghpur, Madhya Pradesh, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 19 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U01111MP1996PTC062230. Its GSTIN is 23AAACG9786E1ZH (Madhya Pradesh).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹45.17 Lakh. It is led by directors including Suresh Kumar Jaiswal and Ramesh Kumar Jaiswal.
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 Subash Ward Harrai Mata Road, Narsinghpur, Madhya Pradesh, India – 487221.
As per the financials filed for FY 2023, the company reported a revenue of ₹56.7 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹91.24 Lakh (net margin 1.6%) and EBITDA of ₹2.36 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹8.65 Cr on record.
Ganges & Ganges Mercantile Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-32-0003135). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ganges & Ganges Mercantile has one previous CIN (Corporate Identification Number): U01111WB1996PTC077410. The current CIN is U01111MP1996PTC062230, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01111MP1996PTC062230 | Current |
| U01111WB1996PTC077410 | Previous |
Recognitions & Rankings of Ganges & Ganges Mercantile
Contact details
Ganges & Ganges Mercantile Pvt Ltd's registered office is in Narsinghpur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSubash Ward Harrai Mata Road, Narsinghpur, Madhya Pradesh, India – 487221
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Ganges & Ganges Mercantile 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 Ganges & Ganges Mercantile Pvt Ltd
FY 2025 filings availableGanges & Ganges Mercantile Pvt Ltd reported revenue of ₹56.7 Cr (up 32% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 32% growth in the latest year. EBITDA rose 18% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹56.7 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.36 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91.24 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ganges & Ganges Mercantile Pvt Ltd, buy the company report.
Board of directors of Ganges & Ganges Mercantile Pvt Ltd
Ganges & Ganges Mercantile has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Kumar Jaiswal Also directs: Sighara Pulses Private Limited | Director | 19 Feb 1996 | 30 Years 8 Months | Current |
| Ramesh Kumar Jaiswal | Director | 19 Feb 1996 | 30 Years 8 Months | Current |
| Rajesh Kumar Jaiswal | Director | 19 Feb 1996 | 30 Years 8 Months | Current |
Auditor
Ganges & Ganges Mercantile Pvt Ltd is audited by Bharat Kabra & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bharat Kabra & Co. | FY 2018 | 076257 |
Shareholding
The shareholding of Ganges & Ganges Mercantile Pvt 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 Ganges & Ganges Mercantile Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 May 2003 | 90248381 | State Bank of India | ₹8.65 Cr | Open |
To see the full charge records of Ganges & Ganges Mercantile Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Ganges & Ganges Mercantile 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 Ganges & Ganges Mercantile Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ganges & Ganges Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACG9786E1ZH | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ganges & Ganges Mercantile Pvt Ltd, buy the company report.
Recent activity
Ganges & Ganges Mercantile Pvt Ltd has 4 board changes on record since 1996: 3 appointments and 1 cessation. The latest: Ganga Prasad Gupta ceased to be Director on 20 Jun 2020.
Frequently asked questions
Ganges & Ganges Mercantile is an active private limited company based in Narsinghpur, Madhya Pradesh, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 19 February 1996 (30+ years old) and is registered under CIN U01111MP1996PTC062230.
Ganges & Ganges Mercantile has 3 current directors:
- Suresh Kumar Jaiswal - Director
- Ramesh Kumar Jaiswal - Director
- Rajesh Kumar Jaiswal - Director
The latest financial statements of Ganges & Ganges 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 GSTIN of Ganges & Ganges Mercantile is 23AAACG9786E1ZH, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ganges & Ganges Mercantile is U01111MP1996PTC062230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganges & Ganges Mercantile was incorporated on 19 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Ganga Prasad Gupta ceased to be Director on 20 Jun 2020. Rajesh Kumar Jaiswal was appointed as Director on 19 Feb 1996. Ramesh Kumar Jaiswal was appointed as Director on 19 Feb 1996. Ganges & Ganges Mercantile has 4 board changes on record in total.
Yes, Ganges & Ganges Mercantile is registered as a medium enterprise under Udyam registration (number: UDYAM-MP-32-0003135).
The registered office of Ganges & Ganges Mercantile is at Subash Ward Harrai Mata Road, Narsinghpur, Madhya Pradesh, India – 487221.
Ganges & Ganges Mercantile operates in the food and beverages industry, in the staple foods and grains segment.