Faith Mercantile Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 23 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.67 Cr
- Satisfied Charges ₹ 20.81 Cr
- Revenue Growth 7.27%
- Profit Growth -0.24%
- Ebitda 32.35%
- Net Worth 121.95%
- Total Assets 31.67%
About Faith Mercantile
Faith Mercantile Private Limited (FMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 January 2002 and has a history of 23 years and two months. Its registered office is in New Delhi, Delhi, India.
The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹38.67 Cr. The company has closed loans amounting to ₹20.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Neelam Chugh and Nand Chugh serve as directors at the Company.
Company Details
- Location
New Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51909DL2002PTC113653
- Company No.
113653
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
02 Jan 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Agriculture
Food and Beverages
Metals and Minerals
What products or services does Faith Mercantile Private Limited offer?
Faith Mercantile Private Limited offers a wide range of products and services, including Steel Pipes and Tubes, Industrial Steel Pipes, Beams, Purlins, Frames and Girders, Metal Beams, Steel Bars, Rods, Plates & Sheets, Stainless Steel Equal Angle Bar, Building Beams & Girders, TMT Bars, Steel & Stainless Steel Products, Steel Strips.
Who are the key members and board of directors at Faith Mercantile?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nand Chugh  | Managing Director | 02-Jan-2002 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Neelam Chugh | Director | 02-Jan-2002 | Current |
Financial Performance of Faith Mercantile.
Faith Mercantile Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.27% increase. The company also saw a slight decrease in profitability, with a 0.24% decrease in profit. The company's net worth Soared by an impressive increase of 121.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Faith Mercantile?
In 2023, Faith Mercantile had a promoter holding of 69.02% and a public holding of 30.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Todarpur Agro Products Private LimitedNand Chugh is a mutual person
Shakumbari Sugar And Allied Industries LimitedNand Chugh is a mutual person
Markandya Tradelinks Private LimitedNand Chugh is a mutual person
- R B N International Private Limited
Nand Chugh is a mutual person
- Self Reliant Healthcare India Private Limited
Nand Chugh is a mutual person
Charges (Loans)
Open Charges
₹38.67 Cr
Satisfied Charges
₹20.81 Cr
Charges Breakdown by Lending Institutions
- Others : 38.50 Cr
- Hdfc Bank Limited : 0.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Oct 2023 | Others | ₹25.00 Cr | Open |
| 29 Dec 2021 | Others | ₹13.50 Cr | Open |
| 30 Dec 2020 | Hdfc Bank Limited | ₹1.73 M | Open |
| 27 Mar 2023 | Hdfc Bank Limited | ₹13.50 Cr | Satisfied |
| 21 Jun 2019 | State Bank Of India | ₹5.32 Cr | Satisfied |
How Many Employees Work at Faith Mercantile?
Unlock and access historical data on people associated with Faith Mercantile, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Faith 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 Faith 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 Faith Mercantile
Recent activity within the organization
- Charges
A charge registered on 27 Mar 2023 via Charge ID 100731144 with Hdfc Bank Limited was fully satisfied on 13 Dec 2023.
- Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100817963 was registered on 16 Oct 2023.
- Annual General Meeting
Faith Mercantile Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Faith Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.50 Cr with Charge ID 100731144 was registered on 27 Mar 2023.
- Charges
A charge with Others of Rs. 13.50 Cr registered on 29 Dec 2021 with Charge ID 100525541 was modified on 08 Feb 2023.
Frequently asked questions
What is the Incorporation or founding date of Faith Mercantile Private Limited?
Faith Mercantile Private Limited was incorporated on 02 Jan 2002.
What is authorized share capital and paid-up capital of Faith Mercantile Private Limited?
The authorized share capital of Faith Mercantile Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.
Who are the current board members & directors of Faith Mercantile Private Limited?
Currently 2 directors are associated with Faith Mercantile Private Limited.
- Neelam Chugh
- Nand Kishore Chugh
What is the registered address of Faith Mercantile Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Faith Mercantile Private Limited is 1607 Ambadeep Building 14 K G Marg Connaught Place, New Delhi, India, 110001.
What is the corporate identification number (CIN) and company number of Faith Mercantile Private Limited?
The corporate identification number (CIN) of Faith Mercantile Private Limited is U51909DL2002PTC113653 and the company number is 113653 as per Ministry of Corporate Affairs (MCA).
What is the official website of Faith Mercantile Private Limited?
The Official website of Faith Mercantile Private Limited is https://www.faithmercantile.com
What has been the recent revenue trend for Faith Mercantile Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Faith Mercantile Private Limited has risen by 7.27%.
What change has been observed in the net worth of Faith Mercantile Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Faith Mercantile Private Limited has experienced an upsurge of 121.95%.
What are the total open charges for Faith Mercantile Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Faith Mercantile Private Limited amount to ₹ 38.67 Cr.
When was the last Balance Sheet of Faith Mercantile Private Limited filed with the ROC?
The most recent Balance Sheet for Faith Mercantile Private Limited was filed with the ROC on 31 Mar 2023.
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