Bihar Mercantile Union Private Limited

International trading and agency company dealing in various goods and services.

1946 | Bangaluru, Karnataka (India) | Active
Last Updated:

Bihar Mercantile Union Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 4.95 M
  • Company Age 78 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 218.18 Cr
  • Revenue Growth -95.20%
  • Profit Growth -96.39%
  • Ebitda -0.83%
  • Net Worth 0.58%
  • Total Assets -0.04%

About Bihar Mercantile Union

Bihar Mercantile Union Private Limited (BMUPL) was founded in India on 16 July 1946 and has a glorious history of 78 years and eight months.Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Bihar Mercantile Union Ltd. The Company is engaged in the Trading 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 7.00 M and a paid-up capital of Rs 4.95 M.

The company has closed loans amounting to ₹218.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shrikant Himatsingka, Rajshree Himatsingka, and Akanksha Himatsingka serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909KA1946PTC107621

  • Company No.

    107621

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 1946

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Trading
Other Industry

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

Board Members (3)

NameDesignationAppointment DateStatus
Akanksha Himatsingka Country flag representing In Director 07-Jun-2017Current
Shrikant Himatsingka Country flag representing In Director 07-Jun-2017Current
Rajshree Himatsingka Country flag representing In Director 15-Dec-2004Current

Financial Performance of Bihar Mercantile Union.

Bihar Mercantile Union Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 95.2% decrease. The company also saw a substantial fall in profitability, with a 96.39% decrease in profit. The company's net worth moved up by a moderate rise of 0.58%.

Bihar Mercantile Union revenue growth over time
Bihar Mercantile Union 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
-95.20%
Revenue from Operations
Total Assets
-0.04%
Profit or Loss
-96.39%
Net Worth
0.58%
EBITDA
-0.83%

What is the Ownership and Shareholding Structure of Bihar Mercantile Union?

In 2021, Bihar Mercantile Union had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹2,181.84 M

Charges Breakdown by Lending Institutions

  • Others : 187.27 Cr
  • Export-Import Bank Of India : 30.91 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jun 2017Others₹100.00 CrSatisfied
25 Aug 2016Others₹87.27 CrSatisfied
24 Jul 2012Export-Import Bank Of India₹30.91 CrSatisfied

How Many Employees Work at Bihar Mercantile Union?

Bihar Mercantile Union has a workforce of 0 employees as of Apr 05, 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.

Employee growth trends for Bihar Mercantile Union Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bihar Mercantile Union, 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 Bihar Mercantile Union'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 Bihar Mercantile Union

Recent activity within the organization

  • Annual General Meeting

    Bihar Mercantile Union Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Bihar Mercantile Union Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge registered on 25 Aug 2016 via Charge ID 100046808 with Others was fully satisfied on 05 Jan 2023.

  • Charges

    A charge with Others of Rs. 872.69 M registered on 25 Aug 2016 with Charge ID 100046808 was modified on 05 Feb 2020.

  • Charges

    A charge registered on 16 Jun 2017 via Charge ID 100108697 with Others was fully satisfied on 14 Jun 2019.

  • Charges

    A charge with Others of Rs. 1,000.00 M registered on 16 Jun 2017 with Charge ID 100108697 was modified on 05 Oct 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Bihar Mercantile Union Private Limited?

    Bihar Mercantile Union Private Limited was incorporated on 16 Jul 1946.

  • What is authorized share capital and paid-up capital of Bihar Mercantile Union Private Limited?

    The authorized share capital of Bihar Mercantile Union Private Limited is ₹ 7.00 M and paid-up capital is ₹ 4.95 M.

  • Who are the current board members & directors of Bihar Mercantile Union Private Limited?

    Currently 3 directors are associated with Bihar Mercantile Union Private Limited.

    • Shrikant Himatsingka
    • Rajshree Himatsingka
    • Akanksha Himatsingka

  • What is the registered address of Bihar Mercantile Union Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Bihar Mercantile Union Private Limited is 10/24 Kumara Krupa Road High Grounds, - India, Bangalore, Karnataka, 560001.

  • What is the corporate identification number (CIN) and company number of Bihar Mercantile Union Private Limited?

    The corporate identification number (CIN) of Bihar Mercantile Union Private Limited is U51909KA1946PTC107621 and the company number is 107621 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Bihar Mercantile Union Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Bihar Mercantile Union Private Limited has fallen by -95.20%.

  • What change has been observed in the net worth of Bihar Mercantile Union Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Bihar Mercantile Union Private Limited has experienced an upsurge of 0.58%.

  • When was the last Balance Sheet of Bihar Mercantile Union Private Limited filed with the ROC?

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

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