Akshat Mercantile Private Limited

Founded in 2007 and headquartered in Maharashtra, India.

2007 | Mumbai, Maharashtra (India) | Active
Last Updated: January 01, 2025

Akshat Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 17 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -17.92%
  • Profit Growth -36.01%
  • Ebitda -8.19%
  • Net Worth 2.40%
  • Total Assets 1.88%

About Akshat Mercantile

Akshat Mercantile Private Limited (AMPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 October 2007 and has a history of 17 years and three months. Its registered office is in Mumbai, Maharashtra.

The Company is engaged in the Business Services 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Ramesh Niteshkumar and Rameshkumar Kumar serve as directors at the Company.

Company Details

  • Location
    Mumbai, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51101MH2007PTC175067

  • Company No.

    175067

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

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

Board Members (2)

Name Designation Appointment Date Status
Ramesh Niteshkumar Country flag representing In Director 11-Aug-2017 Current
Rameshkumar Kumar Country flag representing In Director 11-Aug-2017 Current

Financial Performance of Akshat Mercantile.

Akshat Mercantile Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.92% decrease. The company also saw a substantial fall in profitability, with a 36.01% decrease in profit. The company's net worth moved up by a moderate rise of 2.4%.

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
-17.92%
Revenue from Operations
Total Assets
1.88%
Profit or Loss
-36.01%
Net Worth
2.40%
EBITDA
-8.19%

What is the Ownership and Shareholding Structure of Akshat Mercantile?

In 2016, Akshat 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 Akshat Mercantile?

Unlock and access historical data on people associated with Akshat 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 Akshat 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 Akshat 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 Akshat Mercantile

Recent activity within the organization

  • Annual General Meeting

    Akshat 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

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

    31 Mar 2024

  • Director Appointment

    Ramesh Kumar Niteshkumar was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 7 years 5 months .

    11 Aug 2017

  • Director Appointment

    Rameshkumar Dilip Kumar was appointed as a Director was appointed as a Director on 11 Aug 2017 & has been associated with this company since 7 years 5 months .

    11 Aug 2017

  • Company Incorporation

    Akshat Mercantile Private Limited was registered on 16 Oct 2007 with Roc Mumbai & aged 17 years 3 months as per MCA records.

    16 Oct 2007

Frequently asked questions

  • Akshat Mercantile Private Limited was incorporated on 16 Oct 2007.

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

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

    • Ramesh Kumar Niteshkumar
    • Rameshkumar Dilip Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akshat Mercantile Private Limited is B-505 Mangal Murti Building Subhakar Chs Teen Dongree M.G. Road, Goregaon (West ) India, Mumbai, Maharashtra, 400062.

  • The corporate identification number (CIN) of Akshat Mercantile Private Limited is U51101MH2007PTC175067 and the company number is 175067 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Akshat Mercantile Private Limited has fallen by -17.92%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Akshat Mercantile Private Limited has experienced an upsurge of 2.40%.

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

Similar Companies Based on Commission Agents Dealing In Agricultural Raw Material