Abs Mercantiles Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 50.99 Cr
- Satisfied Charges ₹ 78.85 Cr
- Revenue Growth -30.49%
- Profit Growth -65.45%
- Ebitda -81.69%
- Net Worth 3.20%
- Total Assets -44.97%
About Abs Mercantiles
Abs Mercantiles Private Limited (AMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 April 1997 and has a history of 27 years and ten months. Its registered office is in Gurugram, Haryana, India.
The Company is engaged in the Pharma 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹50.99 Cr. The company has closed loans amounting to ₹78.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pochiraju Rao and Bodh Sikri serve as directors at the Company.
Company Details
- Location
Gurugram, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U24231HR1997PTC116334
- Company No.
086948
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Apr 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Pharma
Chemicals and Materials
Who are the key members and board of directors at Abs Mercantiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pochiraju Rao  | Director | 02-May-1997 | Current |
| Bodh Sikri | Director | 29-Apr-1997 | Current |
Financial Performance of Abs Mercantiles.
Abs Mercantiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 30.49% decrease. The company also saw a substantial fall in profitability, with a 65.45% decrease in profit. The company's net worth moved up by a moderate rise of 3.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Abs Mercantiles?
In 2022, Abs Mercantiles had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Berg Healthcare LlpPochiraju Rao is a mutual person
- S B Organics Ltd
Pochiraju Rao is a mutual person
- Aumento Pallinos Private Limited
Pochiraju Rao and Bodh Sikri are mutual person
- Vaxer Pharma Limited
Pochiraju Rao and Bodh Sikri are mutual person
- Nxis Hospitality Llp
Bodh Sikri is a mutual person
- Joint Force Pharmachem Private Limited
Bodh Sikri is a mutual person
Charges (Loans)
Open Charges
₹50.99 Cr
Satisfied Charges
₹78.85 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 50.00 Cr
- Hdfc Bank Limited : 0.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Aug 2021 | Hdfc Bank Limited | ₹9.90 M | Open |
| 20 Nov 2015 | Yes Bank Limited | ₹50.00 Cr | Open |
| 24 Mar 2015 | Standard Chartered Bank | ₹1.20 Cr | Satisfied |
| 26 Dec 2014 | Deutsche Bank Ag | ₹12.00 Cr | Satisfied |
| 17 Aug 2012 | Deutsche Bank Ag India | ₹3.00 Cr | Satisfied |
How Many Employees Work at Abs Mercantiles?
Unlock and access historical data on people associated with Abs Mercantiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abs Mercantiles, 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 Abs Mercantiles'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.
Latest Updates, News, and FAQs on Abs Mercantiles
Recent activity within the organization
- Annual General Meeting
Abs Mercantiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Abs Mercantiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Yes Bank Limited of Rs. 50.00 Cr registered on 20 Nov 2015 with Charge ID 10624763 was modified on 06 Mar 2023.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.99 Cr with Charge ID 100468514 was registered on 03 Aug 2021.
- Charges
A charge registered on 17 Aug 2012 via Charge ID 10375955 with Deutsche Bank Ag India was fully satisfied on 20 Feb 2018.
- Charges
A charge registered on 26 Dec 2014 via Charge ID 10543791 with Deutsche Bank Ag was fully satisfied on 15 Sep 2016.
Frequently asked questions
What is the Incorporation or founding date of Abs Mercantiles Private Limited?
Abs Mercantiles Private Limited was incorporated on 29 Apr 1997.
What is authorized share capital and paid-up capital of Abs Mercantiles Private Limited?
The authorized share capital of Abs Mercantiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Abs Mercantiles Private Limited?
Currently 2 directors are associated with Abs Mercantiles Private Limited.
- Pochiraju Hanumath Subba Rao
- Bodh Raj Sikri
What is the registered address of Abs Mercantiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Abs Mercantiles Private Limited is Sco-313 Sector-29 Second Floor, Gurgaon India, Galleria Dlf-Iv, Haryana, 122009.
What is the corporate identification number (CIN) and company number of Abs Mercantiles Private Limited?
The corporate identification number (CIN) of Abs Mercantiles Private Limited is U24231HR1997PTC116334 and the company number is 086948 as per Ministry of Corporate Affairs (MCA).
What is the official website of Abs Mercantiles Private Limited?
The Official website of Abs Mercantiles Private Limited is https://www.absmercantiles.com
What has been the recent revenue trend for Abs Mercantiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Abs Mercantiles Private Limited has fallen by -30.49%.
What change has been observed in the net worth of Abs Mercantiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Abs Mercantiles Private Limited has experienced an upsurge of 3.20%.
What are the total open charges for Abs Mercantiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Abs Mercantiles Private Limited amount to ₹ 50.99 Cr.
When was the last Balance Sheet of Abs Mercantiles Private Limited filed with the ROC?
The most recent Balance Sheet for Abs Mercantiles Private Limited was filed with the ROC on 31 Mar 2024.
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