Akum Mercantile Company Private Limited

Founded in 1989 and headquartered in Gujarat, India.

1989 | Ahmedabad, Gujarat (India) | Merged
Last Updated: January 17, 2025

Akum Mercantile Company Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.95 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -99.80%
  • Profit Growth -103.45%
  • Ebitda -227.20%
  • Net Worth -0.30%
  • Total Assets -0.32%

About Akum Mercantile Company

Akum Mercantile Company Private Limited (AMCPL) is Amalgamated company established on 13 Apr 1989 with its office registered at Ahmedabad, Gujarat, India and has been running since 35 Year, 10 Months with a paid up capital of 5.95 Cr. According to MCA records, 3 Directors are linked to this company as of 17 Jan 2025.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999GJ1989PTC113430

  • Company No.

    051381

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Apr 1989

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

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

Executive Team (1)

Name Designation Appointment Date Status
Maulik Shah Country flag representing In Managing Director 20-May-2002 Current

Board Members (2)

Name Designation Appointment Date Status
Ira Shah Country flag representing In Director 15-Jan-2016 Current
Rustom Jal Country flag representing In Director 16-Sep-2021 Current

Financial Performance of Akum Mercantile Company.

Akum Mercantile Company Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99.8% decrease. The company also saw a substantial fall in profitability, with a 103.45% decrease in profit. The company's net worth dipped by a decrease of 0.3%.

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
-99.80%
Revenue from Operations
Total Assets
-0.32%
Profit or Loss
-103.45%
Net Worth
-0.30%
EBITDA
-227.20%

What is the Ownership and Shareholding Structure of Akum Mercantile Company?

In 2021, Akum Mercantile Company 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 Akum Mercantile Company?

Unlock and access historical data on people associated with Akum Mercantile Company, 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 Akum Mercantile Company, 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 Akum Mercantile Company'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 Akum Mercantile Company

Recent activity within the organization

  • Annual General Meeting

    Akum Mercantile Company Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Balance Sheet

    Akum Mercantile Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.

    31 Mar 2022

  • Director Appointment

    Rustom Vakil Jal was appointed as a Director was appointed as a Director on 16 Sep 2021 & has been associated with this company since 3 years 4 months .

    16 Sep 2021

  • Director Appointment

    Ira Maulik Shah was appointed as a Director was appointed as a Director on 15 Jan 2016 & has been associated with this company since 9 years 30 days .

    15 Jan 2016

  • Director Appointment

    Maulik Jasubhai Shah was appointed as a Managing Director was appointed as a Managing Director on 20 May 2002 & has been associated with this company since 22 years 8 months .

    20 May 2002

  • Company Incorporation

    Akum Mercantile Company Private Limited was registered on 13 Apr 1989 with Roc Ahmedabad & aged 35 years 10 months as per MCA records.

    13 Apr 1989

Frequently asked questions

  • Akum Mercantile Company Private Limited was incorporated on 13 Apr 1989.

  • The authorized share capital of Akum Mercantile Company Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.95 Cr.

  • Currently 3 directors are associated with Akum Mercantile Company Private Limited.

    • Ira Maulik Shah
    • Rustom Vakil Jal
    • Maulik Jasubhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akum Mercantile Company Private Limited is Plot No 64/A Phase 1, Gidc Estate Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Akum Mercantile Company Private Limited is U99999GJ1989PTC113430 and the company number is 051381 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Akum Mercantile Company Private Limited has fallen by -99.80%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Akum Mercantile Company Private Limited has experienced an downturn of -0.30%.

  • The most recent Balance Sheet for Akum Mercantile Company Private Limited was filed with the ROC on 31 Mar 2022.

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