Hazel Mercantile Profile
Key Indicators
- Authorised Capital ₹ 50.10 Cr
- Paid Up Capital ₹ 32.51 Cr
- Company Age 29 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,082.50 Cr
- Satisfied Charges ₹ 706.39 Cr
- Revenue Growth 1.86%
- Profit Growth 13.22%
- Ebitda -27.85%
- Net Worth 2.52%
- Total Assets -7.09%
About Hazel Mercantile
Hazel Mercantile Limited (HML) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1995 and has a history of 29 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Hazel Mercantile Private Limited. The Company is engaged in the Chemicals And Materials 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 50.10 Cr and a paid-up capital of Rs 32.51 Cr.
The company currently has active open charges totaling ₹1,082.50 Cr. The company has closed loans amounting to ₹706.39 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Hazel Mercantile Limited India are Sweta Fernandes as CFO and Jahnavi Mehta as Company Secretary. Nitinkumar Didwania, Kunal Sharma, and Purvi Matani serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, 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
U51900MH1995PLC093674
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Company No.
093674
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
16 Oct 1995
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Date of AGM
29 Feb 2024
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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 Mumbai
Industry
What products or services does Hazel Mercantile Limited offer?
Hazel Mercantile Limited offers a wide range of products and services, including Natural Rubber, Chemical Plants & Machinery, Petrochemical Refineries, Rubber & Rubber Products, Metallic Minerals.
Who are the key members and board of directors at Hazel Mercantile?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitinkumar Didwania
|
Managing Director | 01-Apr-1997 | Current |
|
Sweta Fernandes
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CFO | 01-Nov-2017 | Current |
| Jahnavi Mehta | Company Secretary | 12-Jun-2024 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kunal Sharma
|
Director | 07-Sep-2022 | Current |
|
Purvi Matani
|
Director | 07-Sep-2022 | Current |
Financial Performance of Hazel Mercantile.
Hazel Mercantile Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 1.86% increase. The company also saw a substantial improvement in profitability, with a 13.22% increase in profit. The company's net worth moved up by a moderate rise of 2.52%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Hazel Mercantile?
In 2022, Hazel Mercantile had a promoter holding of 99.99% and a public holding of 0.01%. The company had 1 Associate company. 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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Veritas Infra & Logistics Private LimitedNitinkumar Didwania and Kunal Sharma are mutual person
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Veritas Agro Ventures Private LimitedNitinkumar Didwania, Kunal Sharma and 1 more are mutual person
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Hazel Infra LimitedNitinkumar Didwania is a mutual person
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Groupe Veritas LimitedKunal Sharma is a mutual person
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Aspen International Private LimitedNitinkumar Didwania and Kunal Sharma are mutual person
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Veritas (India) LimitedPurvi Matani is a mutual person
Charges (Loans)
₹1,082.50 Cr
₹706.39 Cr
Charges Breakdown by Lending Institutions
- Punjab National Bank (Lead Bank) : 1080.00 Cr
- Others : 2.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Aug 2020 | Others | ₹2.50 Cr | Open |
| 21 Oct 2004 | Punjab National Bank (Lead Bank) | ₹1,080.00 Cr | Open |
| 31 May 2021 | State Bank Of India | ₹2.50 Cr | Satisfied |
| 27 May 2021 | Others | ₹5.00 Cr | Satisfied |
| 18 Aug 2020 | State Bank Of India | ₹2.50 Cr | Satisfied |
How Many Employees Work at Hazel Mercantile?
Hazel Mercantile has a workforce of 26 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Hazel 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 Hazel 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.
