S.P.Mercantile Private Limited
About S.P.Mercantile Private Limited
Data last updated:
S.P.Mercantile Private Limited is a private limited company based in Gwalior, Madhya Pradesh, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 12 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U15412MP2000PTC014270. Its GSTIN is 23AAICS2522E1ZT (Madhya Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.02 Lakh. It is led by directors including Prakash Narayan Agrawal and Sadhna Agrawal.
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 Ist Floor Opposite Inderganjpolice Station Inderganj Lashkar, Gwalior, Madhya Pradesh, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net profit of ₹4.57 Lakh (net margin 3.2%) and EBITDA of ₹5.88 Lakh (EBITDA margin 4.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
Its group structure includes 2 subsidiaries.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
S.P.Mercantile Private Limited's registered office is in Gwalior, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIst Floor Opposite Inderganjpolice Station Inderganj Lashkar, Gwalior, Madhya Pradesh, India
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of S.P.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 S.P.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 S.P.Mercantile Private Limited, buy the company report.
Financials of S.P.Mercantile Private Limited
FY 2025 filings availableS.P.Mercantile Private Limited reported revenue of ₹1.44 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 29% fall in the latest year. EBITDA fell 41% 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 |
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| EBITDA | ₹5.88 Lakh | ||||
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| Net Profit (PAT) | ₹4.57 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 3.2% | ||||
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To see the full financial statements and ratios of S.P.Mercantile Private Limited, buy the company report.
Board of directors of S.P.Mercantile Private Limited
S.P.Mercantile has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kashish Agrawal | Additional Director | 25 Apr 2014 | 12 Years 6 Months | Current |
| Prakash Narayan Agrawal Also directs: S.P.K.Enterprises Private Limited, S.P.Tobacco Products Private Limited, S.P. Tea Estate (India) Private Limited and 2 more | Director | 12 Jun 2000 | 26 Years 4 Months | Current |
| Sadhna Agrawal Also directs: S.P.K.Enterprises Private Limited, S.P.Tobacco Products Private Limited, S.P. Tea Estate (India) Private Limited and 2 more | Director | 18 Aug 2000 | 26 Years 2 Months | Current |
Peer comparison
S.P.Mercantile Private Limited is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Home Furnishings and Accessories 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 |
|---|---|---|---|---|---|---|
| Dharmajivan Greentech Private Limited | ₹1.45 Cr (FY 2025) | -31.0% | Ahmedabad, Gujarat, India | |||
| Badama Impex Private Limited | ₹1.44 Cr (FY 2025) | -14.0% | Siliguri, West Bengal, India | |||
| Atuofert Agrimations Equipments (OPC) Private Limited | ₹1.44 Cr (FY 2023) | -24.0% | Nashik, Maharashtra, India | |||
| S.P.Mercantile Private Limitedthis company | ₹1.44 Cr (FY 2024) | ₹4.57 Lakh | 3.2% | -29.0% | Gwalior, Madhya Pradesh, India | |
| Av Crop Science Private Limited | ₹1.44 Cr (FY 2025) | -52.0% | Bangalore, Karnataka, India | |||
| Mustache Home Private Limited | ₹1.44 Cr (FY 2024) | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of S.P.Mercantile Private Limited, buy the company report.
Auditor
S.P.Mercantile Private Limited is audited by SUNIL K MANGAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL K MANGAL & ASSOCIATES | FY 2019 | 004582C |
Shareholding
The shareholding of S.P.Mercantile Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of S.P.Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving S.P.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 S.P.Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
S.P.Mercantile has 2 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Espen Teaforce India Private Limited | U26102MP2004PTC016741 | |
| S. P. Reality & Shares Private Limited | U70100MP2008PTC020358 |
To see the full group structure of S.P.Mercantile Private Limited, buy the company report.
GST
S.P.Mercantile has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICS2522E1ZT | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.P.Mercantile Private Limited, buy the company report.
Recent activity
S.P.Mercantile Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Kashish Agrawal was appointed as Additional Director on 25 Apr 2014.
Frequently asked questions
S.P.Mercantile is an active private limited company based in Gwalior, Madhya Pradesh, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 12 June 2000 (26+ years old) and is registered under CIN U15412MP2000PTC014270.
S.P.Mercantile has 3 current directors:
- Kashish Agrawal - Additional Director
- Prakash Narayan Agrawal - Director
- Sadhna Agrawal - Director
The latest financial statements of S.P.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.
The GSTIN of S.P.Mercantile is 23AAICS2522E1ZT, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of S.P.Mercantile is U15412MP2000PTC014270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.P.Mercantile was incorporated on 12 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of S.P.Mercantile by revenue are Dharmajivan Greentech Private Limited, Badama Impex Private Limited, Atuofert Agrimations Equipments (OPC) Private Limited, Av Crop Science Private Limited, Mustache Home Private Limited, all in the Agriculture industry (Agro Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Kashish Agrawal was appointed as Additional Director on 25 Apr 2014. Sadhna Agrawal was appointed as Director on 18 Aug 2000. Prakash Narayan Agrawal was appointed as Director on 12 Jun 2000.
The registered office of S.P.Mercantile is at Ist Floor Opposite Inderganjpolice Station Inderganj Lashkar, Gwalior, Madhya Pradesh, India.
S.P.Mercantile operates in the agriculture industry, in the agro retail and distribution segment.
The compliance status of S.P.Mercantile is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.