
Prime Mercantile Private Limited
About Prime Mercantile Private Limited
Data last updated:
Prime Mercantile Private Limited is a private limited company based in Baba Bakala, Punjab, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 10 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U74899PB1994PTC052972.
The company has an authorised share capital of ₹11.5 Cr and a paid-up capital of ₹11.5 Cr. It is led by directors Chandra Singh Rawat and Kanha Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.89 Lakh (net margin 1.5%) and EBITDA of ₹3.9 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹300 Cr on record. 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
CIN history
Prime Mercantile has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74899PB1994PTC052972, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899PB1994PTC052972 | Current |
| U74899HR1994PTC041299 | Previous |
| U74899DL1994PTC058928 | Previous |
Contact details
Prime Mercantile Private Limited's registered office is in Baba Bakala, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressDarjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Prime 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
Financials of Prime Mercantile Private Limited
FY 2024 filings availablePrime Mercantile Private Limited reported revenue of ₹1.97 Cr (up 671% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 671% growth in the latest year. EBITDA rose 200% 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 | ₹3.9 Lakh | ||||
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| Net Profit (PAT) | ₹2.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prime Mercantile Private Limited, buy the company report.
Board of directors of Prime Mercantile Private Limited
Prime Mercantile has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Singh Rawat | Director | 24 Apr 2021 | 5 Years 6 Months | Current |
| Kanha Agarwal | Director | 29 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Prime Mercantile Private Limited is audited by WDK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WDK & ASSOCIATES | FY 2023 | 016389N |
Shareholding
The shareholding of Prime Mercantile Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Prime Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2018 | 100168013 | Others | ₹250 Cr | Satisfied | |
| 07 Feb 2018 | 100156646 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Prime Mercantile Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Prime Mercantile Private Limited has 2 court cases on record: 1 filed by Prime Mercantile, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CO.APPL.(M)) | Filed against the company by Aroma Mercantile Pvt Ltd and Ors | Disposed |
| District court, North West, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Prime 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 Prime 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 Prime Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Prime Mercantile Private Limited has 9 board changes on record since 2008: 2 appointments and 7 cessations. The latest: Chandra Singh Rawat ceased to be Additional Director on 26 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
Prime Mercantile is an active private limited company based in Baba Bakala, Punjab, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 10 May 1994 (32+ years old) and is registered under CIN U74899PB1994PTC052972.
Prime Mercantile has 2 current directors:
- Chandra Singh Rawat - Director
- Kanha Agarwal - Director
The latest financial statements of Prime Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Prime Mercantile is U74899PB1994PTC052972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prime Mercantile has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Prime Mercantile was incorporated on 10 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
Chandra Singh Rawat ceased to be Additional Director on 26 Nov 2021. Chandra Singh Rawat was appointed as Director on 24 Apr 2021. Vijay Agarwal ceased to be Director on 24 Apr 2021. Prime Mercantile has 9 board changes on record in total.
The registered office of Prime Mercantile is at Darjiyan Wali Gali Rayya, Baba Bakala, Punjab, India – 143112.
Prime Mercantile operates in the financial services industry, in the diversified financial services segment.
Prime Mercantile has no open charges and satisfied charges of ₹300 Cr as per latest MCA filings.

