
S P Mercantiles Pvt Ltd
About S P Mercantiles Pvt Ltd
Data last updated:
S P Mercantiles Pvt Ltd is a private limited company based in Siliguri, West Bengal, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 03 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2006PTC107055. Its GSTIN is 19AAKCS0565R1ZI (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Usha Devi Agarwal (Managing Director) and Nirmal Kumar Agarwal.
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 Neel Kamal Plaza Hill Cart Road, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.67 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.11 Lakh (net margin 1.8%) and EBITDA of ₹28.8 Lakh (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 3% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S P Mercantiles Pvt Ltd's registered office is in Siliguri, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressNeel Kamal Plaza Hill Cart Road, Siliguri, West Bengal, India – 734001
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of S P Mercantiles 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
Business activity
The main business activity of S P Mercantiles 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 S P Mercantiles Pvt Ltd, buy the company report.
Financials of S P Mercantiles Pvt Ltd
FY 2025 filings availableS P Mercantiles Pvt Ltd reported revenue of ₹5.67 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 5% 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 | ₹28.8 Lakh | ||||
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| Net Profit (PAT) | ₹10.11 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of S P Mercantiles Pvt Ltd, buy the company report.
Board of directors of S P Mercantiles Pvt Ltd
S P Mercantiles has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Kumar Agarwal | Director | 30 Mar 2007 | 19 Years 7 Months | Current |
| Neelam Agarwal | Director | 03 Jan 2006 | 20 Years 10 Months | Current |
| Usha Devi Agarwal | Managing Director | 03 Jan 2006 | 20 Years 10 Months | Current |
| Bimal Kumar Agarwal | Director | 30 Mar 2007 | 19 Years 7 Months | Current |
Auditor
S P Mercantiles Pvt Ltd is audited by S R NAKIPURIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R NAKIPURIA & CO | FY 2021 | 316107E |
Shareholding
The shareholding of S P Mercantiles Pvt Ltd is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of S P Mercantiles Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Mar 2008 | 10096156 | Bank of Baroda | ₹10 Lakh | Satisfied |
To see the full charge records of S P Mercantiles Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving S P Mercantiles 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 S P Mercantiles Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
S P Mercantiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAKCS0565R1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S P Mercantiles Pvt Ltd, buy the company report.
Recent activity
S P Mercantiles Pvt Ltd has 4 board changes on record since 2006: 4 appointments. The latest: Bimal Kumar Agarwal was appointed as Director on 30 Mar 2007.
Frequently asked questions
S P Mercantiles is an active private limited company based in Siliguri, West Bengal, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 03 January 2006 (20+ years old) and is registered under CIN U51909WB2006PTC107055.
S P Mercantiles has 4 current directors:
- Usha Devi Agarwal - Managing Director
- Nirmal Kumar Agarwal - Director
- Neelam Agarwal - Director
- Bimal Kumar Agarwal - Director
The latest financial statements of S P Mercantiles 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 S P Mercantiles is 19AAKCS0565R1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of S P Mercantiles is U51909WB2006PTC107055. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S P Mercantiles was incorporated on 03 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Bimal Kumar Agarwal was appointed as Director on 30 Mar 2007. Nirmal Kumar Agarwal was appointed as Director on 30 Mar 2007. Neelam Agarwal was appointed as Director on 03 Jan 2006. S P Mercantiles has 4 board changes on record in total.
The registered office of S P Mercantiles is at Neel Kamal Plaza Hill Cart Road, Siliguri, West Bengal, India – 734001.
S P Mercantiles operates in the consumer goods industry, in the footwear retail and distribution segment.
S P Mercantiles has no open charges and satisfied charges of ₹10 Lakh as per latest MCA filings.

