Sethi Mercantile Private Limited - Company Profile

It is a trading private limited company based in Mumbai, Maharashtra, India, established in 2004.
2004 Mumbai, Maharashtra, India Active
Last Updated:
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About Sethi Mercantile Private Limited

Sethi Mercantile Private Limited, a active private limited company, was established on 20 October 2004 in Mumbai, Maharashtra, India. Engaging in other wholesale within the trade sector, it holds CIN: U51909MH2004PTC149178. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Varij Surendrakumar Sethi (Director), Surendra Kumar Baboolalji Sethi (Director). Its latest AGM occurred on 24 September 2025, with the balance sheet filed on 31 March 2025. It is based at Yusuf Bldg 1St Floorroom No 15 Abdul Rehman Street, Mumbai, Maharashtra, 400003.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U51909MH2004PTC149178

  • Registration Number

    149178

  • Incorporation Date

    20 October 2004

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.10 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -80.35%
  • Profit Growth **** -70765.92%
  • Ebitda **** -155.34%
  • Net Worth -14.30%
  • Total Assets -1.29%
Company report

Sethi Mercantile Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Sethi Mercantile Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sethi Mercantile Private Limited?
Current Directors
Name Designation Appointment Date Status
Varij Surendrakumar Sethi Director 20 Oct 2004 Current
Surendra Kumar Baboolalji Sethi Director 20 Oct 2004 Current

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Financial Performance of Sethi Mercantile.

Sethi Mercantile Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 80.35% decrease. The company also saw a substantial fall in profitability, with a 70765.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.3%.

Sethi Mercantile revenue growth over time
Sethi Mercantile profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -80.35%
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Revenue from Operations
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Total Assets
*******
 -1.29%
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Profit or Loss
*******
 -70765.92%
*******
*******
*******
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Net Worth
*******
 -14.30%
*******
*******
*******
*******
EBITDA
*******
 -155.34%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Sethi Mercantile?

In 2017, Sethi Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Sethi Mercantile?

Unlock and access historical data on people associated with Sethi Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sethi Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sethi Mercantile's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Sethi Mercantile
Recent Activity within the Organization
  • Annual General Meeting

    The activity Sethi Mercantile Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Sethi Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Director Appointment

    Progress on Varij Surendrakumar Sethi was appointed as a Director was appointed as a Director on 20 Oct 2004 & has been associated with this company since 21 years 3 months . was documented.

  • Director Appointment

    Surendra Kumar Baboolalji Sethi was appointed as a Director was appointed as a Director on 20 Oct 2004 & has been associated with this company since 21 years 3 months . was recorded as a recent event.

  • Company Incorporation

    Sethi Mercantile Private Limited was registered on 20 Oct 2004 with Roc Mumbai & aged 21 years 3 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Sethi Mercantile Private Limited?

The CIN of Sethi Mercantile Private Limited is U51909MH2004PTC149178.

Where is Sethi Mercantile Private Limited headquartered?

Sethi Mercantile Private Limited is headquartered at Yusuf Bldg 1St Floorroom No 15 Abdul Rehman Street, Mumbai, Maharashtra, 400003.

When was Sethi Mercantile Private Limited incorporated?

Sethi Mercantile Private Limited was incorporated on 20 October 2004.

Who are the current directors of Sethi Mercantile Private Limited?

The current directors of Sethi Mercantile Private Limited are

What is the primary industry of Sethi Mercantile Private Limited?

The primary industry of Sethi Mercantile Private Limited is Trade.

Is Sethi Mercantile Private Limited a listed company?

Sethi Mercantile Private Limited is unlisted.

What is the capital structure of Sethi Mercantile Private Limited?

The authorized capital of Sethi Mercantile Private Limited is ₹0.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Sethi Mercantile Private Limited?

The compliance status of Sethi Mercantile Private Limited is Compliant.

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