Subhsagar Mercantiles Private Limited
About Subhsagar Mercantiles Private Limited
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Subhsagar Mercantiles Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 19 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U52110WB2006PTC110658. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.31 Cr. It is led by directors including Sumita Baid (Whole-Time Director) and Rachit Baid.
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 P – 36 India Exchangeplacekolkata – 700001, West Bengal, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.79 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹30.78 Lakh (net margin 1.1%) and EBITDA of ₹47.41 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹9.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Subhsagar Mercantiles Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 36 India Exchangeplacekolkata – 700001, West Bengal, India
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Subhsagar Mercantiles 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 Subhsagar Mercantiles 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 Subhsagar Mercantiles Private Limited, buy the company report.
Financials of Subhsagar Mercantiles Private Limited
FY 2025 filings availableSubhsagar Mercantiles Private Limited reported revenue of ₹26.79 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 4% fall in the latest year. EBITDA rose 7% 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 | ₹47.41 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹30.78 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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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Subhsagar Mercantiles Private Limited, buy the company report.
Board of directors of Subhsagar Mercantiles Private Limited
Subhsagar Mercantiles has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachit Baid Also directs: Baid Cold Storage Private Limited, Stellar Paper Products Private Limited, Hexafab Steels Private Limited and 1 more | Director | 28 Feb 2011 | 15 Years 8 Months | Current |
| Jay Singh Baid Also directs: Turbo Flow Equipment Pvt Ltd, Baid Cold Storage Private Limited | Director | 17 Sep 2006 | 20 Years 1 Months | Current |
| Sagarmal Baid | Director | 17 Sep 2006 | 20 Years 1 Months | Current |
| Sumita Baid Also directs: Baid Cold Storage Private Limited | Whole-Time Director | 03 Aug 2015 | 11 Years 3 Months | Current |
| Ankit Baid Also directs: Baid Cold Storage Private Limited | Director | 10 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Subhsagar Mercantiles Private Limited is compared with the 8 companies closest to it by revenue in the Agriculture industry (Agro 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 |
|---|---|---|---|---|---|---|
| G.D. Marketing Private Limited | ₹26.91 Cr (FY 2016) | -18.0% | Guwahati, Assam, India | |||
| Mahem Impex Private Limited | ₹26.9 Cr (FY 2025) | -34.0% | Kolkata, West Bengal, India | |||
| Chellappa Fruits Private Limited | ₹26.89 Cr (FY 2025) | -16.0% | Chennai, Tamil Nadu, India | |||
| Vortex Jobs Private Limited | ₹26.87 Cr (FY 2025) | 430.0% | Ahmedabad, Gujarat, India | |||
| Megha Tradecom Private Limited | ₹26.79 Cr (FY 2025) | 10743.0% | Kolkata, West Bengal, India | |||
| Subhsagar Mercantiles Private Limitedthis company | ₹26.79 Cr (FY 2024) | ₹30.78 Lakh | 1.1% | -4.0% | Kolkata, West Bengal, India | |
| 21 Hectares Agrotech Private Limited | ₹26.77 Cr (FY 2025) | 55.0% | Himmatnagar, Gujarat, India | |||
| Anshuman Warehousing Private Limited | ₹26.72 Cr (FY 2025) | -37.0% | New Delhi, Delhi, India | |||
| Xorea Exports Private Limited | ₹26.7 Cr (FY 2025) | 41.0% | Ps-Kandi, West Bengal, India |
To see the full peer comparison of Subhsagar Mercantiles Private Limited, buy the company report.
Auditor
Subhsagar Mercantiles Private Limited is audited by BAHETY & GOENKA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BAHETY & GOENKA | FY 2023 | 317111E |
Shareholding
The shareholding of Subhsagar Mercantiles 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 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Subhsagar Mercantiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2025 | 101168178 | Bank of India | ₹80 Lakh | Open | |
| 22 Aug 2022 | 100610536 | Bank of India | ₹9 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Subhsagar Mercantiles 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 Subhsagar Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Subhsagar Mercantiles has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Subhsagar Mercantiles Private Limited, buy the company report.
Recent activity
Subhsagar Mercantiles Private Limited has 5 board changes on record since 2006: 5 appointments. The latest: Ankit Baid was appointed as Director on 10 Jul 2025.
Frequently asked questions
Subhsagar Mercantiles is an active private limited company based in Kolkata, West Bengal, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 19 July 2006 (20+ years old) and is registered under CIN U52110WB2006PTC110658.
Subhsagar Mercantiles has 5 current directors:
- Sumita Baid - Whole-Time Director
- Rachit Baid - Director
- Jay Singh Baid - Director
- Sagarmal Baid - Director
- Ankit Baid - Director
The latest financial statements of Subhsagar Mercantiles 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. Subhsagar Mercantiles has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Subhsagar Mercantiles is U52110WB2006PTC110658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Subhsagar Mercantiles was incorporated on 19 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Subhsagar Mercantiles by revenue are G.D. Marketing Private Limited, Mahem Impex Private Limited, Chellappa Fruits Private Limited, Vortex Jobs Private Limited, Megha Tradecom Private Limited and 3 more, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Ankit Baid was appointed as Director on 10 Jul 2025. Sumita Baid was appointed as Whole-Time Director on 03 Aug 2015. Rachit Baid was appointed as Director on 28 Feb 2011. Subhsagar Mercantiles has 5 board changes on record in total.
The registered office of Subhsagar Mercantiles is at P – 36 India Exchangeplacekolkata – 700001, West Bengal, India.
Subhsagar Mercantiles operates in the agriculture industry, in the agro retail and distribution segment.
Subhsagar Mercantiles has open charges of ₹9.8 Cr and no satisfied charges on record as per latest MCA filings.
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