Devak Mercantile Private Limited

Specializing in art silk cloth trading.

2009 | Mumbai, Maharashtra (India) | Active
Last Updated: December 03, 2024

Devak Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 15 Year, 2 Months
  • Last Filing with ROC 31 Mar 2016
  • Open Charges ₹ 2.50 Cr
  • Satisfied Charges ₹ 9.80 M
  • Revenue Growth 42.77%
  • Profit Growth -30.43%
  • Ebitda 68.14%
  • Net Worth 2.27%
  • Total Assets 48.44%

About Devak Mercantile

Devak Mercantile Private Limited (DMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 December 2009 and has a history of 15 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2016. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹2.50 Cr. The company has closed loans amounting to ₹9.80 M, as per Ministry of Corporate Affairs (MCA) records.

Vijay Poddar and Shrishti Poddar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52390MH2009PTC197680

  • Company No.

    197680

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Dec 2009

  • Date of AGM

    30 Sep 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

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

Board Members (2)

NameDesignationAppointment DateStatus
Vijay Poddar Country flag representing In Director 22-Dec-2009Current
Shrishti Poddar Country flag representing In Director 28-Oct-2016Current

Financial Performance of Devak Mercantile.

Devak Mercantile Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 42.77% increase. The company also saw a substantial fall in profitability, with a 30.43% decrease in profit. The company's net worth moved up by a moderate rise of 2.27%.

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
42.77%
Revenue from Operations
41.99%
Total Assets
48.44%
Profit or Loss
-30.43%
Net Worth
2.27%
EBITDA
68.14%

What is the Ownership and Shareholding Structure of Devak Mercantile?

In 2016, Devak 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

₹25.00 M

Satisfied Charges

₹9.80 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jan 2015Bank Of India₹2.50 CrOpen
27 Mar 2010Idbi Bank Limited₹9.80 MSatisfied

How Many Employees Work at Devak Mercantile?

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

Recent activity within the organization

  • Director Appointment

    Shrishti Vijay Poddar was appointed as a Director was appointed as a Director on 28 Oct 2016 & has been associated with this company since 8 years 3 months .

    28 Oct 2016

  • Annual General Meeting

    Devak Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.

    30 Sep 2016

  • Balance Sheet

    Devak Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai.

    31 Mar 2016

  • Charges

    A charge with Bank Of India amounted to Rs. 25.00 M with Charge ID 10548189 was registered on 01 Jan 2015.

    01 Jan 2015

  • Charges

    A charge registered on 27 Mar 2010 via Charge ID 10211011 with Idbi Bank Limited was fully satisfied on 24 Dec 2014.

    24 Dec 2014

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 9.80 M with Charge ID 10211011 was registered on 27 Mar 2010.

    27 Mar 2010

Frequently asked questions

  • Devak Mercantile Private Limited was incorporated on 08 Dec 2009.

  • The authorized share capital of Devak Mercantile Private Limited is ₹ 4.00 M and paid-up capital is ₹ 3.50 M.

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

    • Vijay Daluram Poddar
    • Shrishti Vijay Poddar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Devak Mercantile Private Limited is 318 Hubtownviva Meterrmno.2 Shankarwadi W.E.Highway Jogeshwari(E), India, Mumbai, Maharashtra, 400060.

  • The corporate identification number (CIN) of Devak Mercantile Private Limited is U52390MH2009PTC197680 and the company number is 197680 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Devak Mercantile Private Limited has risen by 42.77%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Devak Mercantile Private Limited has experienced an upsurge of 2.27%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Devak Mercantile Private Limited amount to ₹ 2.50 Cr.

  • The most recent Balance Sheet for Devak Mercantile Private Limited was filed with the ROC on 31 Mar 2016.

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