
Sheth Commercial Pvt.Ltd.
About Sheth Commercial Pvt.Ltd.
Data last updated:
Sheth Commercial 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 11 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65993WB1995PTC074180.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.03 Cr. It is led by directors including Mitesh Chandrakant Sheth and Madhubala Sheth.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12 Pollock Street 2nd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.02 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹2.44 Cr (net margin -60.7%) and EBITDA of -₹2.42 Cr (EBITDA margin -60.2%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 16% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sheth Commercial 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 Address12 Pollock Street 2nd Floor, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Sheth Commercial 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 Sheth Commercial is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sheth Commercial Pvt.Ltd., buy the company report.
Financials of Sheth Commercial Pvt.Ltd.
FY 2025 filings availableSheth Commercial Pvt.Ltd. reported revenue of ₹4.02 Cr (up 22% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 22% growth in the latest year. EBITDA fell 595% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.44 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -60.2% | ||||
| Net Profit Margin | -60.7% | ||||
| 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 Sheth Commercial Pvt.Ltd., buy the company report.
Board of directors of Sheth Commercial Pvt.Ltd.
Sheth Commercial has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Chandrakant Sheth | Director | 31 May 2006 | 20 Years 5 Months | Current |
| Madhubala Sheth Also directs: Ashirwad Creation Pvt Ltd, Sheth Enterprises Pvt Ltd, Cana Properties Pvt Ltd and 5 more | Director | 05 Jan 2016 | 10 Years 10 Months | Current |
| Atulkumar Jayantilal Sheth Also directs: Oasis Chemicals Ltd., Growboost Techno Private Limited, Barakar Commodities Private Limited and 5 more | Director | 12 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Sheth Commercial Pvt.Ltd. is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cheers Financial Services Pvt Ltd | ₹4.03 Cr (FY 2025) | 18.0% | Guwahati, Assam, India | |||
| Sheth Commercial Pvt.Ltd.this company | ₹4.02 Cr (FY 2024) | -₹2.44 Cr | -60.7% | 22.0% | Kolkata, West Bengal, India | |
| Hela Holdings Pvt.Ltd. | ₹4.02 Cr (FY 2025) | -78.0% | Kolkata, West Bengal, India | |||
| Futuristic Solutions Limited | ₹4.02 Cr (FY 2019) | 1245.0% | Delhi, India | |||
| Golcha Commodities Pvt.Ltd. | ₹4.02 Cr (FY 2023) | -23.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sheth Commercial Pvt.Ltd., buy the company report.
Auditor
Sheth Commercial Pvt.Ltd. is audited by R DUGAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R DUGAR & ASSOCIATES | FY 2023 | 324912E |
Shareholding
The shareholding of Sheth Commercial 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 Sheth Commercial Pvt.Ltd., buy the company report.
Legal cases
Sheth Commercial Pvt.Ltd. has 1 court case on record: 1 filed by Sheth Commercial. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Reserve Bank of India | Disposed |
To see the full case history of Sheth Commercial 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 Sheth Commercial 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 Sheth Commercial Pvt.Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sheth Commercial Pvt.Ltd. has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Madhubala Sheth was appointed as Director on 05 Jan 2016.
Frequently asked questions
Sheth Commercial 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 11 September 1995 (31+ years old) and is registered under CIN U65993WB1995PTC074180.
Sheth Commercial has 3 current directors:
- Mitesh Chandrakant Sheth - Director
- Madhubala Sheth - Director
- Atulkumar Jayantilal Sheth - Director
The latest financial statements of Sheth Commercial on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sheth Commercial is U65993WB1995PTC074180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheth Commercial has 1 court case on record: 1 filed by the company.
Sheth Commercial was incorporated on 11 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Sheth Commercial by revenue are Cheers Financial Services Pvt Ltd, Hela Holdings Pvt.Ltd, Futuristic Solutions Limited, Golcha Commodities Pvt.Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Madhubala Sheth was appointed as Director on 05 Jan 2016. Chandrakant Nandlal Sheth ceased to be Director on 27 Mar 2015. Atulkumar Jayantilal Sheth was appointed as Director on 12 Mar 2015. Sheth Commercial has 4 board changes on record in total.
The registered office of Sheth Commercial is at 12 Pollock Street 2nd Floor, Kolkata, West Bengal, India – 700001.
Sheth Commercial operates in the financial services industry, in the nbfc segment.
The compliance status of Sheth Commercial is compliant as of 24 July 2026. The company is actively filing with the Registrar of Companies.

