Raffle Mercantile Private Limited
About Raffle Mercantile Private Limited
Data last updated:
Raffle Mercantile Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 29 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2004PTC074859.
The company has an authorised share capital of ₹26 Lakh and a paid-up capital of ₹25.08 Lakh. It is led by directors including Vaibhav Garg and Raghvendra Garg.
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 17/5 Rolland Tower Ff – 4 The Mall, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2025, the company reported a revenue of ₹68.77 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹51.68 Lakh (net margin 75.2%) and EBITDA of ₹67.58 Lakh (EBITDA margin 98.3%). Revenue has grown at a compounded annual rate (CAGR) of 373% over three years and 115% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Raffle Mercantile has one previous CIN (Corporate Identification Number): U51909WB2004PTC099994. The current CIN is U51909UP2004PTC074859, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909UP2004PTC074859 | Current |
| U51909WB2004PTC099994 | Previous |
Contact details
Raffle Mercantile Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17/5 Rolland Tower Ff – 4 The Mall, Kanpur, Uttar Pradesh, India – 208001
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Raffle 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 activities of Raffle Mercantile are trade, construction and financial and insurance service. In detail, this covers wholesale trading, buildings and other financial activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| F | Construction | F1 | Buildings | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Raffle Mercantile Private Limited, buy the company report.
Financials of Raffle Mercantile Private Limited
FY 2025 filings availableRaffle Mercantile Private Limited reported revenue of ₹68.77 Lakh (up 74% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 74% growth in the latest year. EBITDA rose 74% 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 | ₹67.58 Lakh | ||||
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| Net Profit (PAT) | ₹51.68 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 | 98.3% | ||||
| Net Profit Margin | 75.2% | ||||
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To see the full financial statements and ratios of Raffle Mercantile Private Limited, buy the company report.
Board of directors of Raffle Mercantile Private Limited
Raffle Mercantile has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Garg | Director | 12 Aug 2008 | 18 Years 2 Months | Current |
| Raghvendra Garg | Director | 12 Aug 2008 | 18 Years 2 Months | Current |
| Aishwarya Garg | Director | 12 Aug 2008 | 18 Years 2 Months | Current |
Auditor
Raffle Mercantile Private Limited is audited by BATRA AGRAWAL ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BATRA AGRAWAL ASSOCIATES | FY 2020 | 002522C |
Shareholding
The shareholding of Raffle Mercantile Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Raffle Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Raffle 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 Raffle Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Raffle Mercantile has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Raffle Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Raffle Mercantile Private Limited has 5 board changes on record since 2008: 3 appointments and 2 cessations. The latest: Kamal Barik ceased to be Director on 31 Oct 2009.
Frequently asked questions
Raffle Mercantile is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 29 September 2004 (22+ years old) and is registered under CIN U51909UP2004PTC074859.
Raffle Mercantile has 3 current directors:
- Vaibhav Garg - Director
- Raghvendra Garg - Director
- Aishwarya Garg - Director
The latest financial statements of Raffle 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 Raffle Mercantile is U51909UP2004PTC074859. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raffle Mercantile was incorporated on 29 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Kanpur.
Kamal Barik ceased to be Director on 31 Oct 2009. Aishwarya Garg was appointed as Director on 12 Aug 2008. Raghvendra Garg was appointed as Director on 12 Aug 2008. Raffle Mercantile has 5 board changes on record in total.
The registered office of Raffle Mercantile is at 175 Rolland Tower Ff – 4 The Mall, Kanpur, Uttar Pradesh, India – 208001.
Raffle Mercantile operates in the consumer goods industry, in the accessories retail and distribution segment.
The compliance status of Raffle Mercantile is compliant as of 05 September 2026. The company is actively filing with the Registrar of Companies.
Raffle Mercantile can be reached at its registered office: 175 Rolland Tower Ff – 4 The Mall, Kanpur, Uttar Pradesh, India – 208001.