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
Last Updated: April 22, 2024

Akshata Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 19.94 Cr
  • Company Age 23 Year, 6 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, 6 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)

NameDesignationAppointment DateStatus
Mangesh Gorivale Country flag representing In Director 15-Dec-2014Current
Chandrakant Lad Country flag representing In Director 15-Mar-2013Current

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%.

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
-99.92%
Revenue from Operations
-99.99%
Total Assets
-39.70%
Profit or Loss
-235.44%
Net Worth
-111.29%
EBITDA
-24.64%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
16 Jul 2012Central Bank Of India₹35.00 CrOpen
22 May 2012State Bank Of Travancore₹15.00 CrOpen
19 May 2012State Bank Of Travancore₹15.00 CrOpen
22 Mar 2012Bank Of Baroda₹25.00 CrOpen
07 Mar 2012State Bank Of Travancore₹35.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    29 Sep 2018

  • Balance Sheet

    Akshata Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

    31 Mar 2018

  • 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 2 months .

    15 Dec 2014

  • Charges

    A charge registered on 04 Dec 2002 via Charge ID 80067340 with Canara Bank was fully satisfied on 07 Mar 2014.

    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 11 years 11 months .

    15 Mar 2013

  • Charges

    A charge registered on 01 Jul 2005 via Charge ID 10009019 with Indian Overseas Bank was fully satisfied on 14 Dec 2012.

    14 Dec 2012

Frequently asked questions

  • Akshata Mercantile Private Limited was incorporated on 13 Aug 2001.

  • The authorized share capital of Akshata Mercantile Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 19.94 Cr.

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

    • Mangesh Heeraji Gorivale
    • Chandrakant Shankar Lad
  • 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, Mumbai, Maharashtra, India, 400018.

  • 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).

  • According to the financial reports for the fiscal year 2018, the revenue trend for Akshata Mercantile Private Limited has fallen by -99.92%.

  • As Per 2018 financial reports, 11 employees are currently employed by Akshata Mercantile Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Akshata Mercantile Private Limited amount to ₹ 876.50 Cr.

  • The most recent Balance Sheet for Akshata Mercantile Private Limited was filed with the ROC on 31 Mar 2018.

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