Akshata Mercantile Private Limited
Trading iron and steel and various other products as part of Topworth Group since 2001.
2001 | Mumbai, Maharashtra (India) | Under Liquidation
Akshata Mercantile Profile
Key Indicators
- Authorised Capital ₹ 22.00 Cr
- Paid Up Capital ₹ 19.94 Cr
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2018
- Open Charges ₹ 876.50 Cr
- Satisfied Charges ₹ 158.00 Cr
- Revenue Growth -99.92%
- Profit Growth -235.44%
- Ebitda -24.64%
- Net Worth -111.29%
- Total Assets -39.70%
About Akshata Mercantile
Akshata Mercantile Private Limited (AMPL) is Under Liquidation company established on 13 Aug 2001 with its office registered at Mumbai, Maharashtra, India and has been running since 23 Year, 7 Months with a paid up capital of 19.94 Cr. According to MCA records, 2 Directors are linked to this company as of 22 Apr 2024.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909MH2001PTC133035
- Company No.
133035
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Aug 2001
- Date of AGM
29 Sep 2018
- Date of Balance Sheet
31 Mar 2018
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Who are the key members and board of directors at Akshata Mercantile?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mangesh Gorivale  | Director | 15-Dec-2014 | Current |
| Chandrakant Lad | Director | 15-Mar-2013 | Current |
Financial Performance of Akshata Mercantile.
Akshata Mercantile Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 99.92% decrease. The company also saw a substantial fall in profitability, with a 235.44% decrease in profit. The company's net worth observed a substantial decline by a decrease of 111.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Akshata Mercantile?
In 2018, Akshata 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.
Charges (Loans)
Open Charges
₹876.50 Cr
Satisfied Charges
₹158.00 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 617.50 Cr
- State Bank Of Travancore : 115.00 Cr
- Bank Of Baroda : 109.00 Cr
- Central Bank Of India : 35.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jul 2012 | Central Bank Of India | ₹35.00 Cr | Open |
| 22 May 2012 | State Bank Of Travancore | ₹15.00 Cr | Open |
| 19 May 2012 | State Bank Of Travancore | ₹15.00 Cr | Open |
| 22 Mar 2012 | Bank Of Baroda | ₹25.00 Cr | Open |
| 07 Mar 2012 | State Bank Of Travancore | ₹35.00 Cr | Open |
How Many Employees Work at Akshata Mercantile?
Akshata Mercantile has a workforce of 11 employees as of Apr 11, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Akshata 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 Akshata 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.
Latest Updates, News, and FAQs on Akshata Mercantile
Recent activity within the organization
- Annual General Meeting
Akshata Mercantile Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
- Balance Sheet
Akshata Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
- Director Appointment
Mangesh Heeraji Gorivale was appointed as a Director was appointed as a Director on 15 Dec 2014 & has been associated with this company since 10 years 3 months .
- Charges
A charge registered on 04 Dec 2002 via Charge ID 80067340 with Canara Bank was fully satisfied on 07 Mar 2014.
- Director Appointment
Chandrakant Shankar Lad was appointed as a Director was appointed as a Director on 15 Mar 2013 & has been associated with this company since 12 years 12 days .
- Charges
A charge registered on 01 Jul 2005 via Charge ID 10009019 with Indian Overseas Bank was fully satisfied on 14 Dec 2012.
Frequently asked questions
What is the Incorporation or founding date of Akshata Mercantile Private Limited?
Akshata Mercantile Private Limited was incorporated on 13 Aug 2001.
What is authorized share capital and paid-up capital of Akshata Mercantile Private Limited?
The authorized share capital of Akshata Mercantile Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 19.94 Cr.
Who are the current board members & directors of Akshata Mercantile Private Limited?
Currently 2 directors are associated with Akshata Mercantile Private Limited.
- Mangesh Heeraji Gorivale
- Chandrakant Shankar Lad
What is the registered address of Akshata Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Akshata Mercantile Private Limited is 308 3Rd Floor Ceejay House Dr. A. B. Road, Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Akshata Mercantile Private Limited?
The corporate identification number (CIN) of Akshata Mercantile Private Limited is U51909MH2001PTC133035 and the company number is 133035 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Akshata Mercantile Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Akshata Mercantile Private Limited has fallen by -99.92%.
How many employees does Akshata Mercantile Private Limited currently have?
As Per 2018 financial reports, 11 employees are currently employed by Akshata Mercantile Private Limited.
What change has been observed in the net worth of Akshata Mercantile Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Akshata Mercantile Private Limited has experienced an downturn of -111.29%.
What are the total open charges for Akshata Mercantile Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Akshata Mercantile Private Limited amount to ₹ 876.50 Cr.
When was the last Balance Sheet of Akshata Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Akshata Mercantile Private Limited was filed with the ROC on 31 Mar 2018.
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