Sethi Mercantile Private Limited

Imports, exports, and distributes various goods such as fabrics, tools, metals, and automobile parts.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: January 09, 2025

Sethi Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -80.35%
  • Profit Growth -70765.92%
  • Ebitda -155.34%
  • Net Worth -14.30%
  • Total Assets -1.29%

About Sethi Mercantile

Sethi Mercantile Private Limited (SMPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 October 2004 and has a history of 20 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Trading Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Surendra Sethi and Varij Sethi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2004PTC149178

  • Company No.

    149178

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Oct 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Trading

Who are the key members and board of directors at Sethi Mercantile?

Board Members (2)

NameDesignationAppointment DateStatus
Surendra Sethi Country flag representing In Director 20-Oct-2004Current
Varij Sethi Country flag representing In Director 20-Oct-2004Current

Financial Performance of Sethi Mercantile.

Sethi Mercantile Private Limited, for the financial year ended 2017, experienced significant reduction in revenue, with a 80.35% decrease. The company also saw a substantial fall in profitability, with a 70765.92% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.3%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
-80.35%
Revenue from Operations
Total Assets
-1.29%
Profit or Loss
-70765.92%
Net Worth
-14.30%
EBITDA
-155.34%

What is the Ownership and Shareholding Structure of Sethi Mercantile?

In 2017, Sethi Mercantile had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Sethi Mercantile?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sethi 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 Sethi Mercantile's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Sethi Mercantile

Recent activity within the organization

  • Annual General Meeting

    Sethi Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Sethi Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Surendra Kumar Baboolalji Sethi was appointed as a Director was appointed as a Director on 20 Oct 2004 & has been associated with this company since 20 years 4 months .

    20 Oct 2004

  • Director Appointment

    Varij Surendrakumar Sethi was appointed as a Director was appointed as a Director on 20 Oct 2004 & has been associated with this company since 20 years 4 months .

    20 Oct 2004

  • Company Incorporation

    Sethi Mercantile Private Limited was registered on 20 Oct 2004 with Roc Mumbai & aged 20 years 4 months as per MCA records.

    20 Oct 2004

Frequently asked questions

  • Sethi Mercantile Private Limited was incorporated on 20 Oct 2004.

  • The authorized share capital of Sethi Mercantile Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Sethi Mercantile Private Limited.

    • Surendra Kumar Baboolalji Sethi
    • Varij Surendrakumar Sethi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sethi Mercantile Private Limited is Yusuf Bldg 1St Floorroom No 15 Abdul Rehman Street India, Mumbai, Maharashtra, 400003.

  • The corporate identification number (CIN) of Sethi Mercantile Private Limited is U51909MH2004PTC149178 and the company number is 149178 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2017, the revenue trend for Sethi Mercantile Private Limited has fallen by -80.35%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Sethi Mercantile Private Limited has experienced an downturn of -14.30%.

  • The most recent Balance Sheet for Sethi Mercantile Private Limited was filed with the ROC on 31 Mar 2024.