Saidham Mercantile Pvt Ltd
About Saidham Mercantile Pvt Ltd
Data last updated:
Saidham Mercantile Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 17 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2006PTC108053.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.02 Cr. It is led by directors including Lalit Kumar Pareek and Vikash Agarwal Binjrajka.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 25 Park, Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.41 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net profit of ₹17.03 Cr (net margin 83.5%) and EBITDA of ₹19.38 Cr (EBITDA margin 95%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹25 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Saidham Mercantile Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4th Floor, 25 Park Lane, Kolkata, West Bengal, India – 700016
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Saidham Mercantile 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 Saidham Mercantile is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Saidham Mercantile Pvt Ltd, buy the company report.
Financials of Saidham Mercantile Pvt Ltd
FY 2024 filings availableSaidham Mercantile Pvt Ltd reported revenue of ₹20.41 Cr (up 111% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 111% growth in the latest year. EBITDA rose 118% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹19.38 Cr | ||||
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| Net Profit (PAT) | ₹17.03 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 95% | ||||
| Net Profit Margin | 83.5% | ||||
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To see the full financial statements and ratios of Saidham Mercantile Pvt Ltd, buy the company report.
Board of directors of Saidham Mercantile Pvt Ltd
Saidham Mercantile has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Pareek Also directs: Purbasha Resources Ltd, Express Brewery Private Limited, Hi Value Developers Pvt Ltd and 3 more | Director | 06 Sep 2021 | 5 Years 2 Months | Current |
| Vikash Agarwal Binjrajka | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Vijay Kumar Choudhary Also directs: Purbasha Resources Ltd, Richa Trading Company Pvt Ltd | Director | 15 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Saidham Mercantile Pvt Ltd is audited by R K TAPADIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K TAPADIA & CO. | FY 2023 | 318166E |
Shareholding
The shareholding of Saidham Mercantile Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saidham Mercantile Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2023 | 100673608 | Hdfc Bank Limited | ₹25 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Saidham Mercantile Pvt Ltd has 3 court cases on record: 3 filed by Saidham Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Union of India and Ors. | Disposed |
To see the full case history of Saidham Mercantile Pvt Ltd, 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 Saidham Mercantile Pvt Ltd; 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 Saidham Mercantile Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Saidham Mercantile Pvt Ltd has 8 board changes on record since 2021: 3 appointments and 5 cessations. The latest: Vikash Agarwal Binjrajka ceased to be Additional Director on 28 Sep 2022.
Frequently asked questions
Saidham Mercantile is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 17 February 2006 (20+ years old) and is registered under CIN U51909WB2006PTC108053.
Saidham Mercantile has 3 current directors:
- Lalit Kumar Pareek - Director
- Vikash Agarwal Binjrajka - Director
- Vijay Kumar Choudhary - Director
The latest financial statements of Saidham Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Saidham Mercantile is U51909WB2006PTC108053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saidham Mercantile has 3 court cases on record: 3 filed by the company. Most are in the nclt.
Saidham Mercantile was incorporated on 17 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Vikash Agarwal Binjrajka ceased to be Additional Director on 28 Sep 2022. Vikash Agarwal Binjrajka was appointed as Director on 21 Dec 2021. Piyush Kumar Chhawchharia ceased to be Director on 28 Sep 2021. Saidham Mercantile has 8 board changes on record in total.
The registered office of Saidham Mercantile is at 4th Floor, 25 Park Lane, Kolkata, West Bengal, India – 700016.
Saidham Mercantile operates in the financial services industry, in the nbfc segment.
Saidham Mercantile has open charges of ₹25 Cr and no satisfied charges on record as per latest MCA filings.
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