About Shir Mercantile Private Limited
Data last updated:
Shir Mercantile Private Limited was a private limited company based in Jodhpur, Rajasthan, India, operated as a subsidiary of Crossword Tradelinks Private Limited. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the financial brokerage segment of the financial services sector. It was incorporated on 28 December 2005.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U68100RJ2005PTC043071. Its GSTIN is 08AAACU7902J1Z6 (Rajasthan). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹96.82 Lakh. It was formerly known as Urja Commodities and Futures Private Limited. It was led by directors Surbhi Singhvi and Manoj Singhvi.
Its last annual general meeting (AGM) was held on 15 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ground Floor 401 L.I.G.H Opp. Nayion Ki Bagechi Chopasni Road, Jodhpur, Rajasthan, India – 342003.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.89 Cr, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹19.49 Lakh (net margin -10.3%) and EBITDA of -₹44.35 Lakh (EBITDA margin -23.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 32% over five years.
As per MCA filings, the company has satisfied charges of ₹68.55 Cr on record. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.82 Cr; the latest was in October 2018.
The last known website on record is shircomm.in.
Company details
CIN history
Shir Mercantile has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68100RJ2005PTC043071, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100RJ2005PTC043071 | Current |
| U51100TN2005PTC082175 | Previous |
| U51100GJ2005PTC047386 | Previous |
| U51100RJ2005PTC043071 | Previous |
| U70101RJ2005PTC043071 | Previous |
Contact details
Shir Mercantile Private Limited's registered office is in Jodhpur, Rajasthan. Its website is shircomm.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGround Floor 401 L.I.G.H Opp. Nayion Ki Bagechi Chopasni Road, Jodhpur, Rajasthan, India – 342003
- IndustryFinancial Services, Financial Brokerage, Consultancy, Advisory
To see the full contact details of Shir 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
Financials of Shir Mercantile Private Limited
FY 2023 filings availableShir Mercantile Private Limited reported revenue of ₹1.89 Cr (down 61% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 61% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹44.35 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.49 Lakh | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.5% | ||||
| Net Profit Margin | -10.3% | ||||
| 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 Shir Mercantile Private Limited, buy the company report.
Board of directors of Shir Mercantile Private Limited
Shir Mercantile has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surbhi Singhvi Also directs: Crossword Tradelinks Private Limited, Jain Wovens LLP | Director | 24 Nov 2018 | 7 Years 11 Months | As last reported |
| Manoj Singhvi | Director | 06 Apr 2015 | 11 Years 6 Months | As last reported |
Auditor
Shir Mercantile Private Limited is audited by S C M ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C M ASSOCIATES | FY 2021 | 004593C |
Shareholding
The shareholding of Shir Mercantile Private Limited is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shir Mercantile Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2020 | 100344889 | Others | ₹54.8 Lakh | Satisfied | |
| 10 Jun 2015 | 10574944 | Others | ₹3 Cr | Satisfied | |
| 09 Mar 2013 | 10416475 | State Bank of Bikaner & Jaipur | ₹15 Cr | Satisfied | |
| 03 May 2012 | 10356148 | Uco Bank | ₹5 Cr | Satisfied | |
| 30 Mar 2012 | 10351224 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Shir Mercantile Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Shir Mercantile Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.82 Cr; the latest was in October 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Feb 2011 | Secondary share transfer | Undisclosed | Buyer: Crossword Tradelinks Private Limited Seller: 4 individuals |
| Feb 2011 | Funding round | ₹4.31 Cr | Investors: 2 individuals |
To see the full deal history of Shir 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
No court or tribunal cases involving Shir Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shir Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shir Mercantile has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACU7902J1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shir Mercantile Private Limited, buy the company report.
Recent activity
Shir Mercantile Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Surbhi Singhvi ceased to be Additional Director on 30 Sep 2019.
15 earlier events are in the company report.
Frequently asked questions
Shir Mercantile has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Shir Mercantile was a private limited company based in Jodhpur, Rajasthan, India. The company worked in financial brokerage, within the financial services industry. It was incorporated on 28 December 2005 and is registered under CIN U68100RJ2005PTC043071. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Shir Mercantile is U68100RJ2005PTC043071. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shir Mercantile had 2 directors:
- Surbhi Singhvi - Director
- Manoj Singhvi - Director
Shir Mercantile was incorporated on 28 December 2005. It is registered with the Registrar of Companies, Jaipur.
Shir Mercantile can be reached through the website shircomm.in. Its registered office is in Jodhpur, Rajasthan, India.
The registered office of Shir Mercantile is at Ground Floor 401 L.I.G.H Opp. Nayion Ki Bagechi Chopasni Road, Jodhpur, Rajasthan, India – 342003.
The latest financial statements of Shir Mercantile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shir Mercantile is 08AAACU7902J1Z6, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Shir Mercantile operated in the financial services industry, in the financial brokerage segment.
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