- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-29-0017263

Sovereign Mercantile Private Limited
About Sovereign Mercantile Private Limited
Data last updated:
Sovereign Mercantile Private Limited is a private limited company based in Delhi, India. It operates in the book and digital publishing segment of the media and publishing sector. It was incorporated on 02 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2013PTC254775. Its GSTIN is 09AATCS2876C1ZV (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Nikhil Gupta and Mayank Mukesh Gupta.
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 2513/9 G/F Gali Laterwali Naya Bazar Chandni Chowk, Delhi, India – 110006.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.2 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹69,660 (net margin 0.6%) and EBITDA of ₹2.65 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹23.2 Lakh on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending.
Sovereign Mercantile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0017263). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Sovereign Mercantile
Contact details
Sovereign Mercantile Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address2513/9 G/F Gali Laterwali Naya Bazar Chandni Chowk, Delhi, India – 110006
- IndustryMedia and Publishing, Book & Digital Publishing
To see the full contact details of Sovereign 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 Sovereign Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Sovereign Mercantile Private Limited, buy the company report.
Financials of Sovereign Mercantile Private Limited
FY 2025 filings availableSovereign Mercantile Private Limited reported revenue of ₹1.2 Cr (up 11% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 11% growth in the latest year. EBITDA rose 39% 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 |
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| EBITDA | ₹2.65 Lakh | ||||
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| Net Profit (PAT) | ₹69,660 | ||||
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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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| EBITDA Margin | 2.2% | ||||
| Net Profit Margin | 0.6% | ||||
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To see the full financial statements and ratios of Sovereign Mercantile Private Limited, buy the company report.
Board of directors of Sovereign Mercantile Private Limited
Sovereign Mercantile has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Gupta Also directs: Elliotte Technologies LLP, Sovereign Capsec LLP, Sovereign Tradex Private Limited and 3 more | Director | 02 Jul 2013 | 13 Years 4 Months | Current |
| Mayank Mukesh Gupta Also directs: Elliotte Technologies LLP, Sovereign Capsec LLP, Sovereign Tradex Private Limited and 2 more | Director | 12 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Sovereign Mercantile Private Limited is audited by PRAVEEN AGGARWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAVEEN AGGARWAL & CO | FY 2021 | 000044N |
Shareholding
The shareholding of Sovereign Mercantile Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sovereign Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2018 | 100207081 | Others | ₹23.2 Lakh | Open |
To see the full charge records of Sovereign Mercantile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sovereign Mercantile Private Limited has 6 court cases on record: 5 filed by Sovereign Mercantile, 1 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against M/S Rachna Sagar Pvt Ltd and Anr | Pending |
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against M/S Rachna Sagar Pvt Ltd | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Rachna Sagar Pvt Ltd | Pending |
| Supreme Court | Court case (2804-Mercantile Laws, Commercial Transactions Including Banking : Trade Marks/Copy Rights/Patents/Design Act) | Filed by the company against M/S Rachna Sagar Pvt. Ltd. Representative Mr. Neeraj Gupta Situated at 257 Block-D, Sector-63 Noida, Gautam Budh Nagar ,Gautam Buddha Nagar * , Uttar Pradesh and 5 others | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 5 Others | Disposed |
To see the full case history of Sovereign Mercantile Private Limited, 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 Sovereign Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sovereign Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AATCS2876C1ZV | Uttar Pradesh | Active | 18 Jan 2018 |
To see the full GST registrations and return filing status of Sovereign Mercantile Private Limited, buy the company report.
Recent activity
Sovereign Mercantile Private Limited has 5 board changes on record since 2013: 2 appointments and 3 cessations. The latest: Madhu Gupta ceased to be Director on 07 Feb 2018.
Frequently asked questions
Sovereign Mercantile is an active private limited company based in Delhi, India. The company works in book and digital publishing, within the media and publishing industry. It was incorporated on 02 July 2013 (13+ years old) and is registered under CIN U51909DL2013PTC254775.
Sovereign Mercantile has 2 current directors:
- Nikhil Gupta - Director
- Mayank Mukesh Gupta - Director
The latest financial statements of Sovereign 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 Sovereign Mercantile is 09AATCS2876C1ZV, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Sovereign Mercantile is U51909DL2013PTC254775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovereign Mercantile has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Sovereign Mercantile was incorporated on 02 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
Madhu Gupta ceased to be Director on 07 Feb 2018. Mukesh Gupta ceased to be Director on 07 Feb 2018. Mayank Mukesh Gupta was appointed as Director on 12 Sep 2017. Sovereign Mercantile has 5 board changes on record in total.
Yes, Sovereign Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-29-0017263).
The registered office of Sovereign Mercantile is at 25139 GF Gali Laterwali Naya Bazar Chandni Chowk, Delhi, India – 110006.

