Surat Trade And Mercantile Limited - Company Profile

It is a manufacturing public limited company based in Surat, Gujarat, India, established in 1945.

1945 Surat, Gujarat, India Active

Last Updated: January 09, 2026

About Surat Trade And Mercantile Limited

Surat Trade And Mercantile Limited, a active public limited company, was established on 29 November 1945 in Surat, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L17119GJ1945PLC000214. Registered under ROC Roc Ahmedabad. it is listed on BSE: 530185. It has an authorized capital of ₹84.00 Cr and a paid-up capital of ₹22.21 Cr.

Formerly known as The Surat Textile Mills Limited. It upholds a compliant status. In 2023, it reported revenue of ₹34.63 Cr and a net worth of ₹196.12 Cr. Its leadership includes Suhail Praful Shah (Whole-Time Director), Kruti Ganpat Kothari (Director), Paresh Vinaychandra Chothani (Whole-Time Director). Past directors included Yogesh Champaklal Papaiya, Manikant Raichand Momaya, Suraj Mohan Kishanlal Shri Vig. It holds no open charges and ₹258.09 Cr settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at Tulsi Krupa Arcade, 6Th Floor, Near Aai Mata Chowk Puna-Kumbharia Road, Dumbhal,, Surat, Gujarat, 395010.

Company Details

CIN/LLPIN
L17119GJ1945PLC000214
Registration Number
000214
Incorporation Date
29 November 1945
Authorized Capital
₹84.00 Cr
Paid-Up Capital
₹22.21 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 530185)
Company Status
Active

Key Metrics

Authorised Capital ₹ 84.00 Cr as on 09-01-2026
Paid Up Capital ₹ 22.21 Cr as on 09-01-2026
Company Age 80 Year, 3 Months
Last Filing with ROC 31 Mar 2025
Satisfied Charges ₹ 258.09 Cr as on 09-01-2026
Revenue Growth **** 471.35% (FY 2023)
Profit Growth **** 1542.83% (FY 2023)
Ebitda **** 5.34% (FY 2023)
Net Worth 46.66% (FY 2023)
Total Assets **** 41.26% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Surat Trade And Mercantile Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Surat Trade And Mercantile Limited?

Current Directors

Name	Designation	Appointment Date	Status
Suhail Praful Shah	Whole-Time Director	01 Sep 2023	Current
Kruti Ganpat Kothari	Director	09 Jul 2019	Current
Paresh Vinaychandra Chothani	Whole-Time Director	26 Nov 2021	Current
Manish Jagdish Gandhi	Director	27 Jun 2024	Current
Alok Praful Shah	Managing Director	30 Jun 2022	Current
Deepak Narandas Shah	Director	11 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo	11 Aug 2022	Past
Pramod Abcsdd	Whole-Time Director	01 Jun 2014	Past
Pramod Abcsdd	Director	27 Nov 2010	Past
Pramod Abcsdd	Managing Director	01 Jun 2014	Past
Pramod Abcsdd	Additional Director	13 Sep 2023	Past
Pramod Abcsdd	Company Secretary	28 Dec 2011	Past

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Financial Performance of Surat Trade And Mercantile.

Surat Trade And Mercantile Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 471.35% increase. The company also saw a substantial improvement in profitability, with a 1542.83% increase in profit. The company's net worth Soared by an impressive increase of 46.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

471.35%

*******

Revenue from Operations

*******

Total Assets

*******

41.26%

*******

Profit or Loss

*******

1542.83%

*******

Net Worth

*******

46.66%

*******

EBITDA

*******

5.34%

*******

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What is the Ownership and Shareholding Structure of Surat Trade And Mercantile?

In 2021, Surat Trade And Mercantile had a promoter holding of 74.98% and a public holding of 25.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,580,867,600.00

Charges Breakdown by Lending Institutions

Industrial Development Bank Of India : 125.55 Cr
Bank Of Baroda : 55.00 Cr
Dena Bank : 32.10 Cr
Garden Silk Mills Limited : 29.00 Cr
Stressed Assets Stabilisation Fund : 16.00 Cr
Others : 0.44 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Dec 2017	Idbi Trusteeship Services Limited	₹3.67 M	Satisfied
30 Jan 2013	Bank Of Baroda	₹30.00 Cr	Satisfied
06 Jan 2012	Bank Of Baroda	₹20.00 Cr	Satisfied
15 Dec 2009	Bank Of Baroda	₹5.00 Cr	Satisfied
03 Dec 2009	Garden Silk Mills Limited	₹29.00 Cr	Satisfied

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How Many Employees Work at Surat Trade And Mercantile?

Unlock and access historical data on people associated with Surat Trade And Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Surat Trade And Mercantile, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Surat Trade And Mercantile's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Surat Trade And Mercantile

Recent Activity within the Organization

Annual General Meeting

Progress on Surat Trade And Mercantile Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.
12 Sep 2025
Balance Sheet

Progress on Surat Trade And Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Director Appointment

The activity Manish Jagdish Gandhi was appointed as a Director was appointed as a Director on 27 Jun 2024 & has been associated with this company since 1 year 8 months . was completed.
27 Jun 2024
Director Appointment

Progress on Suhail Praful Shah was appointed as a Whole-time director was appointed as a Whole-time director on 01 Sep 2023 & has been associated with this company since 2 years 6 months . was documented.
01 Sep 2023
Director Appointment

The activity Mahek Gaurav Jaju was appointed as a Company Secretary was appointed as a Company Secretary on 12 Apr 2023 & has been associated with this company since 2 years 10 months . was completed.
12 Apr 2023
Director Appointment

The activity Mahek Dhiren Nagda was appointed as a Company Secretary was appointed as a Company Secretary on 20 Mar 2023 & has been associated with this company since 2 years 11 months . was completed.
20 Mar 2023

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