SNB Mercantile Private Limited
About SNB Mercantile Private Limited
Data last updated:
SNB Mercantile Private Limited is a private limited company based in Malshiras, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 02 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2001PTC133831. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Boond Mercantile Private Limited. It is led by directors Dharmesh Navinkumar Vyas and Priya Dharmesh Vyas.
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 Office No.A – 6 Akluj, Malshiras Solapur, Maharashtra, India – 413101.
As per the financials filed for FY 2025, the company reported a revenue of ₹58,651, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹1,184 (net margin 2%) and EBITDA of ₹1,600 (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 43% over five years.
Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SNB Mercantile Private Limited's registered office is in Malshiras, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.A – 6 Akluj, Malshiras Solapur, Maharashtra, India – 413101
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of SNB 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 SNB Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of SNB Mercantile Private Limited, buy the company report.
Financials of SNB Mercantile Private Limited
FY 2025 filings availableSNB Mercantile Private Limited reported revenue of ₹58,651 (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 96% fall in the latest year. EBITDA fell 87% 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 | ₹1,600 | ||||
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| Net Profit (PAT) | ₹1,184 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SNB Mercantile Private Limited, buy the company report.
Board of directors of SNB Mercantile Private Limited
SNB Mercantile has 2 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharmesh Navinkumar Vyas Also directs: Ugc Text and Build Private Limited, RGF Textile and Infra Limited, Barbara Infrastructure Private Limited and 2 more | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
| Priya Dharmesh Vyas | Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
SNB Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chroma Ocean Private Limited | ₹60,000 (FY 2025) | -96.0% | Nagpur, Maharashtra, India | |||
| Pushker Trading & Holdings Pvt Ltd | ₹60,000 (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Vibgyor Commercial Private Limited | ₹59,661 (FY 2025) | -91.0% | Delhi, India | |||
| Dindoriagro Industries Producer Company Limited | ₹59,154 (FY 2025) | Dindori, Maharashtra, India | ||||
| Viyaal Business Solution Private Limited | ₹58,916 (FY 2025) | 5792.0% | Tiruchirappali, Tamil Nadu, India | |||
| SNB Mercantile Private Limitedthis company | ₹58,651 (FY 2025) | ₹1,184 | 2% | -96.0% | Malshiras, Maharashtra, India | |
| Virgin Metallics Private Limited | ₹58,620 (FY 2025) | -99.0% | Kurnool, Andhra Pradesh, India | |||
| Mayanka Trade-Link Private Limited | ₹58,600 (FY 2025) | 11.0% | Howrah, West Bengal, India | |||
| Crestchic Loadbanks Private Limited | ₹58,309 (FY 2025) | 23.0% | Mumbai, Maharashtra, India | |||
| Vrindavanat Private Limited | ₹58,205 (FY 2025) | 8.0% | Mathura, Uttar Pradesh, India | |||
| Krisha Pro-Energy Private Limited | ₹57,994 (FY 2025) | Muzaffarpur, Bihar, India |
To see the full peer comparison of SNB Mercantile Private Limited, buy the company report.
Auditor
SNB Mercantile Private Limited is audited by SURESHDEOKARANCHANDAK for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESHDEOKARANCHANDAK | FY 2023 | 032455 |
Shareholding
The shareholding of SNB 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 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SNB Mercantile Private Limited, buy the company report.
Legal cases
SNB Mercantile Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Assistant/Deputy Registrar of Companies Mumbai | Pending |
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed against the company by Singham Security Services Through Its Proprietor Sri Sanjai Jagjivan Pandey | Pending |
| District court, Silvassa, DNH at Silvasa | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of SNB 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 SNB Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SNB 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 SNB Mercantile Private Limited, buy the company report.
Recent activity
SNB Mercantile Private Limited has 35 board changes on record since 2008: 4 appointments and 31 cessations. The latest: Dharmesh Navinkumar Vyas was appointed as Director on 01 Nov 2025.
26 earlier events are in the company report.
Frequently asked questions
SNB Mercantile is an active private limited company based in Malshiras, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 02 November 2001 (25+ years old) and is registered under CIN U51909MH2001PTC133831.
SNB Mercantile has 2 current directors:
- Dharmesh Navinkumar Vyas - Director
- Priya Dharmesh Vyas - Director
The latest financial statements of SNB 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. SNB Mercantile has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of SNB Mercantile is U51909MH2001PTC133831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SNB Mercantile has 4 court cases on record: 4 filed against it. 2 are pending.
SNB Mercantile was incorporated on 02 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of SNB Mercantile by revenue are Chroma Ocean Private Limited, Pushker Trading & Holdings Pvt Ltd, Vibgyor Commercial Private Limited, Dindoriagro Industries Producer Company Limited, Viyaal Business Solution Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Dharmesh Navinkumar Vyas was appointed as Director on 01 Nov 2025. Priya Dharmesh Vyas was appointed as Director on 01 Nov 2025. Abhishek Kantilal Singal ceased to be Director on 25 May 2024. SNB Mercantile has 35 board changes on record in total.
The registered office of SNB Mercantile is at Office No.A – 6 Akluj, Malshiras Solapur, Maharashtra, India – 413101.
SNB Mercantile operates in the trading industry, in the other wholesale segment.