SH Mercantile Private Limited
About SH Mercantile Private Limited
Data last updated:
SH Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 04 May 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1998PTC114761.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.43 Lakh. It was led by directors Arun Kumar Bhalotia and Ayush Arun Bhalotia.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 204/205 Konark Shram2Nd Floor Behind Everst Bldg 156 Tardev Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,700, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹875 (net margin -8.2%) and EBITDA of -₹875 (EBITDA margin -8.2%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 63% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
SH Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address204/205 Konark Shram2Nd Floor Behind Everst Bldg 156 Tardev Road, Mumbai, Maharashtra, India – 400034
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of SH 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 activity of SH Mercantile is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of SH Mercantile Private Limited, buy the company report.
Financials of SH Mercantile Private Limited
FY 2022 filings availableSH Mercantile Private Limited reported revenue of ₹10,700 (down 50% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 50% fall in the latest year. EBITDA rose 94% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹10,700 | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹875 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹875 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.2% | ||||
| Net Profit Margin | -8.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of SH Mercantile Private Limited, buy the company report.
Board of directors of SH Mercantile Private Limited
SH Mercantile has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kumar Bhalotia Also directs: SH Agro Farms Pvt Ltd, Shri Hari Earth Movers Private Limited, SH Infrastructure Private Limited and 3 more | Director | 04 May 1998 | 28 Years 6 Months | As last reported |
| Ayush Arun Bhalotia Also directs: SH Agro Farms Pvt Ltd, Shri Hari Earth Movers Private Limited, SH Infrastructure Private Limited and 5 more | Director | 01 Dec 2006 | 19 Years 11 Months | As last reported |
Peer comparison
SH Mercantile Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MK Metallurgical Machinery Private Limited | ₹11,479 (FY 2018) | -100.0% | Delhi, India | |||
| Majestic Graphics and Machinery India Private Limited | ₹11,300 (FY 2025) | -100.0% | New Delhi, Delhi, India | |||
| SH Mercantile Private Limitedthis company | ₹10,700 (FY 2022) | -₹875 | -8.2% | -50.0% | Mumbai, Maharashtra, India | |
| Piyush Enterprises Private Limited | ₹10,300 (FY 2025) | 1560506.0% | Punjab, India | |||
| Arion Vyapar Private Limited | ₹10,000 (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of SH Mercantile Private Limited, buy the company report.
Auditor
SH Mercantile Private Limited is audited by RAJ JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJ JAIN & ASSOCIATES | FY 2021 | 108305W |
Shareholding
The shareholding of SH Mercantile Private Limited 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 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of SH Mercantile Private Limited, buy the company report.
Legal cases
SH Mercantile Private Limited has 1 court case on record: 1 filed by SH Mercantile. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of SH Mercantile Private Limited, 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 SH 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 SH Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
SH Mercantile Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Anant Arun Bhalotia ceased to be Director on 23 Mar 2019.
Frequently asked questions
SH Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
SH Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 04 May 1998 and is registered under CIN U51900MH1998PTC114761. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
SH Mercantile was incorporated on 04 May 1998. It is registered with the Registrar of Companies, Mumbai.
SH Mercantile had 2 directors:
- Arun Kumar Bhalotia - Director
- Ayush Arun Bhalotia - Director
The CIN (Corporate Identification Number) of SH Mercantile is U51900MH1998PTC114761. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of SH Mercantile is at 204205 Konark Shram2Nd Floor Behind Everst Bldg 156 Tardev Road, Mumbai, Maharashtra, India – 400034.
The latest financial statements of SH Mercantile on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
SH Mercantile operated in the machinery and equipment industry, in the industrial machinery retail and distribution segment.
The peers of SH Mercantile by revenue are MK Metallurgical Machinery Private Limited, Majestic Graphics and Machinery India Private Limited, Piyush Enterprises Private Limited, Arion Vyapar Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
SH Mercantile has 1 court case on record: 1 filed by the company.
Anant Arun Bhalotia ceased to be Director on 23 Mar 2019. Sunita Arun Bhalotia ceased to be Director on 01 Jan 2009. Gopal Kumar Bhalotia ceased to be Director on 01 Jan 2008. SH Mercantile has 6 board changes on record in total.
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