Faith Mercantile Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 23 Year, 30 Days
- 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. 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
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Location
New Delhi, Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U51909DL2002PTC113653
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Company No.
113653
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Jan 2002
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
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
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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%.
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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)
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Todarpur Agro Products Private LimitedNand Chugh is a mutual person
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Shakumbari Sugar And Allied Industries LimitedNand Chugh is a mutual person
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Markandya Tradelinks Private LimitedNand Chugh is a mutual person
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R B N International Private Limited
Nand Chugh is a mutual person
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Self Reliant Healthcare India Private Limited
Nand Chugh is a mutual person
Charges (Loans)
₹38.67 Cr
₹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.
