- Category
- Medium (2022-23)
- Udyam number
- UDYAM-UP-29-0002684

About Sheetal Mercantile Private Limited
Data last updated:
Sheetal Mercantile Private Limited is a private limited company based in Fatehpuri, Delhi, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 01 May 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1992PTC048588. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹13.75 Cr and a paid-up capital of ₹7.53 Cr. It is led by directors including Pulkit Chawla and Sanjay Chawla.
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 B – 159 – 161 Room No.II 1st Floor Katra Baryan, Fatehpuri, Delhi, India – 110006.
As per the financials filed for FY 2025, the company reported a revenue of ₹197.47 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹6.51 Cr (net margin 3.3%) and EBITDA of ₹19.86 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 20% over five years.
The company has about 447 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105.43 Cr and satisfied charges of ₹41.05 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it. The company has 15 deals on record (8 secondary share transfers, 7 funding rounds), with disclosed funding of ₹23.11 Cr; the latest was in March 2019.
Sheetal Mercantile Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0002684). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheetalmercantileindia.com.
Company details
Recognitions & Rankings of Sheetal Mercantile
Contact details
Sheetal Mercantile Private Limited's registered office is in Fatehpuri, Delhi. Its website is sheetalmercantileindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 159 – 161 Room No.II 1st Floor Katra Baryan, Fatehpuri, Delhi, India – 110006
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Sheetal 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 Sheetal Mercantile is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Sheetal Mercantile Private Limited, buy the company report.
Financials of Sheetal Mercantile Private Limited
FY 2025 filings availableSheetal Mercantile Private Limited reported revenue of ₹197.47 Cr (up 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 45% growth in the latest year. EBITDA rose 82% 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 | ₹19.86 Cr | ||||
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| Net Profit (PAT) | ₹6.51 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | 3.3% | ||||
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To see the full financial statements and ratios of Sheetal Mercantile Private Limited, buy the company report.
Board of directors of Sheetal Mercantile Private Limited
Sheetal Mercantile has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pulkit Chawla Also directs: Paras Buildwell LLP, SP Propbuild LLP | Director | 14 Dec 2010 | 15 Years 10 Months | Current |
| Sanjay Chawla Also directs: Paras Buildwell LLP, Source Commercial Private Limited | Director | 01 Apr 2014 | 12 Years 7 Months | Current |
| Jawahar Lal Chawla | Director | 08 Apr 1996 | 30 Years 6 Months | Current |
| Ajay Kumar Chawla Also directs: Paras Buildwell LLP, Source Commercial Private Limited | Director | 07 Oct 1997 | 29 Years 0 Months | Current |
Auditor
Sheetal Mercantile Private Limited is audited by V.D.Aggarwal And Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.D.Aggarwal And Co. | FY 2023 | 008332N |
Shareholding
The shareholding of Sheetal Mercantile Private Limited 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheetal Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2025 | 101148185 | Others | ₹3 Cr | Open | |
| 11 Jun 2025 | 101115084 | Others | ₹21.5 Lakh | Open | |
| 15 Jan 2025 | 101037054 | Others | ₹27.5 Lakh | Open | |
| 10 Jan 2025 | 101040884 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 20 Sep 2024 | 100988101 | Others | ₹2.5 Cr | Open |
To see the full charge records of Sheetal Mercantile Private Limited, buy the company report.
Total charge records: 36 View all charges
Deals & funding
Sheetal Mercantile Private Limited has 15 deals on record (8 secondary share transfers, 7 funding rounds), with disclosed funding of ₹23.11 Cr; the latest was in March 2019.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jawahar Lal Chawla & Ajay Chawla Huf, Dhanshree Softech Private Limited , J L Chawla & Sons HUF, an individual |
| Mar 2014 | Funding round | ₹5.81 Cr | Investors: 4 individuals |
| Feb 2012 | Funding round | ₹2.35 Cr | Investors: Source Commercial Private Limited , Murari Impex Private Limited, Dhanshree Softech Private Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: J L Chawla & Sons HUF, Atm Credit & Investment Private Limited, an individual Seller: Abhipra Management Private Limited, Abhipra Capital Limited , Wiseman Trading Private Limited |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Bahubali Components Private Limited , Murari Impex Private Limited |
To see the full deal history of Sheetal Mercantile Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sheetal Mercantile Private Limited has 3 court cases on record: 2 filed by Sheetal Mercantile, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against The Registrar of Companies NCT of Delhi & Haryana | Disposed |
| High Court, UTTARPRADESH | Court case (WTAX) | Filed by the company against State of U.P. and 2 Others and 2 others | Disposed |
| High Court, UTTARPRADESH | Court case (STRED) | Filed against the company by The Commissioner Commercial Tax U.P. Lucknow | Disposed |
To see the full case history of Sheetal 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.
Credit ratings & regulatory alerts
Sheetal Mercantile Private Limited was last rated by Crisil on 25 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Jun 2021 |
To see the full credit ratings and regulatory alerts of Sheetal Mercantile Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sheetal Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sheetal Mercantile Private Limited has a workforce of 447 employees on its EPFO records as of May 07, 2024, across 1 active EPFO establishment.
GST
Sheetal Mercantile has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sheetal Mercantile Private Limited, buy the company report.
Recent activity
Sheetal Mercantile Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Deepak Malhotra ceased to be Company Secretary on 28 Feb 2015.
62 earlier events are in the company report.
Frequently asked questions
Sheetal Mercantile is an active private limited company based in Fatehpuri, Delhi, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 01 May 1992 (34+ years old) and is registered under CIN U74899DL1992PTC048588.
Sheetal Mercantile has 4 current directors:
- Pulkit Chawla - Director
- Sanjay Chawla - Director
- Jawahar Lal Chawla - Director
- Ajay Kumar Chawla - Director
The latest financial statements of Sheetal 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.
No. Sheetal Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sheetal Mercantile is U74899DL1992PTC048588. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetal Mercantile has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Sheetal Mercantile was incorporated on 01 May 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
Sheetal Mercantile has 15 deals on record (8 secondary share transfers, 7 funding rounds), with disclosed funding of ₹23.11 Cr; the latest was in March 2019.
Deepak Malhotra ceased to be Company Secretary on 28 Feb 2015. Sanjay Chawla was appointed as Director on 01 Apr 2014. Pulkit Chawla was appointed as Director on 14 Dec 2010. Sheetal Mercantile has 7 board changes on record in total.
Yes, Sheetal Mercantile is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-29-0002684).

