Friends Mercantile Private Limited

Trading company dealing in agro and non-agro commodities, providing finance and loans.

1992 | Kachchh, Gujarat (India) | Active
Last Updated: December 12, 2024

Friends Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.50 Cr
  • Satisfied Charges ₹ 33.90 Cr

About Friends Mercantile

Friends Mercantile Private Limited (FMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 1992 and has a history of 32 years and one month. Its registered office is in Kachchh, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹9.50 Cr. The company has closed loans amounting to ₹33.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Singhvi and Sandeep Singhvi serve as directors at the Company.

Company Details

  • Location

    Kachchh, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65910GJ1992PTC018693

  • Company No.

    018693

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1992

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture

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

Board Members (2)

Name Designation Appointment Date Status
Vishal Singhvi Country flag representing In Director 10-Oct-2019 Current
Sandeep Singhvi Country flag representing In Director 20-Mar-2024 Current

Financial Performance of Friends Mercantile.

Friends Mercantile Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Friends Mercantile?

In 2017, Friends 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

₹9.50 Cr

Satisfied Charges

₹33.90 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Indore : 9.50 Cr

Latest Charge Details

Date Lender Amount Status
06 Jan 2001 State Bank Of Indore ₹4.50 Cr Open
30 Aug 1999 State Bank Of Indore ₹3.00 Cr Open
20 Aug 1999 State Bank Of Indore ₹2.00 Cr Open
18 May 2009 State Bank Of Indore ₹3.00 Cr Satisfied
18 Mar 2009 State Bank Of Indore ₹4.00 Cr Satisfied

How Many Employees Work at Friends Mercantile?

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

Recent activity within the organization

  • Annual General Meeting

    Friends Mercantile Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    Friends Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Sandeep Tribhuvan Singhvi was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 10 months 14 days .

    20 Mar 2024

  • Director Appointment

    Vishal Tribhuvan Singhvi was appointed as a Director was appointed as a Director on 10 Oct 2019 & has been associated with this company since 5 years 3 months .

    10 Oct 2019

  • Charges

    A charge registered on 09 Nov 1993 via Charge ID 90111218 with State Bank Of India was fully satisfied on 08 Dec 2016.

    08 Dec 2016

  • Charges

    A charge with State Bank Of India of Rs. 26.90 Cr registered on 09 Nov 1993 with Charge ID 90111218 was modified on 29 Apr 2013.

    29 Apr 2013

Frequently asked questions

  • Friends Mercantile Private Limited was incorporated on 15 Dec 1992.

  • The authorized share capital of Friends Mercantile Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

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

    • Vishal Tribhuvan Singhvi
    • Sandeep Tribhuvan Singhvi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friends Mercantile Private Limited is Maitri Bhavan Plot No 18Sector-8 Gandhidham India, Kutch, Gujarat, 370201.

  • The corporate identification number (CIN) of Friends Mercantile Private Limited is U65910GJ1992PTC018693 and the company number is 018693 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Friends Mercantile Private Limited is https://www.friendsgroupindia.com

  • As per the financial statements for fiscal Year 2017, The total open charges for Friends Mercantile Private Limited amount to ₹ 9.50 Cr.

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

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