Principle Mercantile Private Limited
About Principle Mercantile Private Limited
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Principle Mercantile Private Limited is a private limited company based in Guwahati, Assam, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 07 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U51109AS2007PTC020589.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.16 Lakh. It is led by directors Mridul Kumar Saharia and Sudhir Kumar Jain.
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 Guwahati, Assam.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.23 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹1.6 Lakh (net margin 37.7%) and EBITDA of ₹1.94 Lakh (EBITDA margin 45.8%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Principle Mercantile has one previous CIN (Corporate Identification Number): U51109WB2007PTC118414. The current CIN is U51109AS2007PTC020589, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109AS2007PTC020589 | Current |
| U51109WB2007PTC118414 | Previous |
Contact details
Principle Mercantile Private Limited's registered office is in Guwahati, Assam. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Rcc Commercial Building B. R. Phookan Road Near Kabra Bhawan M, Achkhowa, Guwahati, Assam, India – 781009
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Principle 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 Principle Mercantile Private Limited
FY 2025 filings availablePrinciple Mercantile Private Limited reported revenue of ₹4.23 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. 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 | ₹1.94 Lakh | ||||
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| Net Profit (PAT) | ₹1.6 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 | 45.8% | ||||
| Net Profit Margin | 37.7% | ||||
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To see the full financial statements and ratios of Principle Mercantile Private Limited, buy the company report.
Board of directors of Principle Mercantile Private Limited
Principle 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 |
|---|---|---|---|---|
| Mridul Kumar Saharia | Director | 02 Aug 2012 | 14 Years 3 Months | Current |
| Sudhir Kumar Jain Also directs: Sri Krishna Real Properties Private Limited, Flexible Vincom Private Limited, Raj Business Enterprise Pvt Ltd and 2 more | Director | 30 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Principle Mercantile Private Limited is audited by AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL GUPTA NOKARI & RUSTAGI ASSOCIATES | FY 2022 | 310041E |
Shareholding
The shareholding of Principle 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 Principle Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Principle 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 Principle 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 Principle Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Principle Mercantile Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Sanjeeb Saharia ceased to be Director on 05 Jul 2017.
Frequently asked questions
Principle Mercantile is an active private limited company based in Guwahati, Assam, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 07 September 2007 (19+ years old) and is registered under CIN U51109AS2007PTC020589.
Principle Mercantile has 2 current directors:
- Mridul Kumar Saharia - Director
- Sudhir Kumar Jain - Director
The latest financial statements of Principle 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 CIN (Corporate Identification Number) of Principle Mercantile is U51109AS2007PTC020589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Principle Mercantile was incorporated on 07 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Guwahati.
Sanjeeb Saharia ceased to be Director on 05 Jul 2017. Sudhir Kumar Jain was appointed as Director on 30 Jun 2017. Mridul Kumar Saharia was appointed as Director on 02 Aug 2012. Principle Mercantile has 5 board changes on record in total.
The registered office of Principle Mercantile is at 2nd Floor Rcc Commercial Building B. R. Phookan Road Near Kabra Bhawan M, Achkhowa, Guwahati, Assam, India – 781009.
Principle Mercantile operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Principle Mercantile is compliant as of 17 September 2026. The company is actively filing with the Registrar of Companies.
Principle Mercantile can be reached at its registered office: 2nd Floor Rcc Commercial Building B. R. Phookan Road Near Kabra Bhawan M, Achkhowa, Guwahati, Assam, India – 781009.
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