
Stuti Mercantile Private Limited
About Stuti Mercantile Private Limited
Data last updated:
Stuti Mercantile Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 19 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2005PTC063831.
The company has an authorised share capital of ₹54.5 Lakh and a paid-up capital of ₹16.58 Lakh. It is led by directors Sarwesh Dubey and Sarita Dubey.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kanpur, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.95 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹86.51 Lakh and EBITDA of ₹93.25 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 52% 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
CIN history
Stuti Mercantile has one previous CIN (Corporate Identification Number): U51909WB2005PTC101219. The current CIN is U51909UP2005PTC063831, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909UP2005PTC063831 | Current |
| U51909WB2005PTC101219 | Previous |
Contact details
Stuti Mercantile Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13/388 2nd. Floor, Civil Lines, Kanpur, Uttar Pradesh, India – 208001
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Stuti 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 Stuti Mercantile 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 Stuti Mercantile Private Limited, buy the company report.
Financials of Stuti Mercantile Private Limited
FY 2024 filings availableStuti Mercantile Private Limited reported revenue of ₹8.95 Lakh (down 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 83% fall in the latest year. EBITDA rose 138% 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 | ₹93.25 Lakh | ||||
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| Net Profit (PAT) | ₹86.51 Lakh | ||||
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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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To see the full financial statements and ratios of Stuti Mercantile Private Limited, buy the company report.
Board of directors of Stuti Mercantile Private Limited
Stuti Mercantile has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarwesh Dubey Also directs: Canary Apparels Private Limited, Mile Stone Impex Private Limited, Ghandhar Holding LLP and 4 more | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Sarita Dubey | Director | 18 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Stuti Mercantile Private Limited is audited by HIREN & JAIN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIREN & JAIN | FY 2023 | 074359 |
Shareholding
The shareholding of Stuti 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 Stuti Mercantile Private Limited, buy the company report.
Legal cases
Stuti Mercantile Private Limited has 1 court case on record: 1 filed by Stuti Mercantile. 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 |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against State of U.P. and 4 Others | Disposed |
To see the full case history of Stuti 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 Stuti Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Stuti Mercantile has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Stuti Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Stuti Mercantile Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Sarita Dubey ceased to be Additional Director on 16 Sep 2019.
Frequently asked questions
Stuti Mercantile is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 19 January 2005 (21+ years old) and is registered under CIN U51909UP2005PTC063831.
Stuti Mercantile has 2 current directors:
- Sarwesh Dubey - Director
- Sarita Dubey - Director
The latest financial statements of Stuti Mercantile on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Stuti Mercantile is U51909UP2005PTC063831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stuti Mercantile has 1 court case on record: 1 filed by the company.
Stuti Mercantile was incorporated on 19 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Kanpur.
Sarita Dubey ceased to be Additional Director on 16 Sep 2019. Madhu Dubey ceased to be Director on 18 Jun 2019. Sarita Dubey was appointed as Director on 18 Jun 2019. Stuti Mercantile has 7 board changes on record in total.
The registered office of Stuti Mercantile is at 13388 2nd. Floor, Civil Lines, Kanpur, Uttar Pradesh, India – 208001.
Stuti Mercantile operates in the financial services industry, in the brokerage and trading services segment.
The compliance status of Stuti Mercantile is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.

